AllianceBernstein Income Fund, Inc. Reports Fourth Quarter Earnings
NEW YORK, Feb. 25, 2011 /PRNewswire/ -- AllianceBernstein Income Fund, Inc. (NYSE: ACG), a registered closedend investment company, today announced earnings for the fourth quarter ended December 31, 2010.
Total net assets of the Fund on December 31, 2010 were $2,126,209,432, as compared with $2,183,298,527 on September 30, 2010 and $2,033,406,470 on December 31, 2009. On December 31, 2010 the net asset value per share was $8.75 based on 242,911,697 shares of common stock outstanding.
December 31, 2010 |
September 30, 2010 |
December 31, 2009 |
||
Total Net Assets |
$2,126,209,432 |
$2,183,298,527 |
$2,033,406,470 |
|
NAV Per Share |
$8.75 |
$8.99 |
$8.37 |
|
Shares Outstanding |
242,911,697 |
242,911,697 |
242,911,697 |
|
For the period October 1, 2010 through December 31, 2010, total net investment income was $28,653,969 or $0.12 per share. The total net realized and unrealized loss was ($56,650,322) or ($0.23) per share for the same period.
Fourth Quarter |
Third Quarter |
Fourth Quarter |
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Total Net Investment Income |
$28,653,969 |
$28,354,050 |
$31,593,434 |
|
Per Share |
$0.12 |
$0.12 |
$0.13 |
|
Total Net Realized/ Unrealized Gain (Loss) |
($56,650,322) |
$84,243,160 |
$7,612,968 |
|
Per Share |
($0.23) |
$0.35 |
$0.03 |
|
AllianceBernstein Income Fund, Inc. is managed by AllianceBernstein L.P.
SOURCE AllianceBernstein Income Fund, Inc.
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