AllianceBernstein Income Fund, Inc. Reports First Quarter Earnings
NEW YORK, May 27, 2011 /PRNewswire/ -- AllianceBernstein Income Fund, Inc. (NYSE: ACG), a registered closedend investment company, today announced earnings for the first quarter ended March 31, 2011.
Total net assets of the Fund on March 31, 2011 were $2,124,955,576, as compared with $2,126,209,432 on December 31, 2010 and $2,071,147,674 on March 31, 2010. On March 31, 2011 the net asset value per share was $8.75 based on 242,911,697 shares of common stock outstanding.
March 31, 2011 |
December 31, 2010 |
March 31, 2010 |
||
Total Net Assets |
$2,124,955,576 |
$2,126,209,432 |
$2,071,147,674 |
|
NAV Per Share |
$8.75 |
$8.75 |
$8.53 |
|
Shares Outstanding |
242,911,697 |
242,911,697 |
242,911,697 |
|
For the period January 1, 2011 through March 31, 2011, total net investment income was $27,248,789 or $0.11 per share. The total net realized and unrealized gain was $636,504 or $0.00 per share for the same period.
First Quarter Ended |
Fourth Quarter Ended |
First Quarter Ended |
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Total Net Investment Income |
$27,248,789 |
$28,653,969 |
$ 28,265,132 |
|
Per Share |
$0.11 |
$0.12 |
$0.12 |
|
Total Net Realized/ Unrealized Gain (Loss) |
$636,504 |
($56,650,322) |
$40,811,681 |
|
Per Share |
$0.00 |
($0.23) |
$0.17 |
|
AllianceBernstein Income Fund, Inc. is managed by AllianceBernstein L.P.
SOURCE AllianceBernstein Income Fund, Inc.
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