Alliance New York Municipal Income Fund, Inc. Reports First Quarter Earnings
NEW YORK, March 26 /PRNewswire-FirstCall/ -- Alliance New York Municipal Income Fund, Inc. (NYSE: AYN), a registered closedend investment company, today announced earnings for the Fund's first fiscal quarter ended January 31, 2010.
Total net assets of the Fund* on January 31, 2010 were $110,593,022, as compared with $110,415,698 on October 31, 2009 and $105,071,896 on January 31, 2009. On January 31, 2010, the net asset value per share of common stock was $14.46 based on 4,826,667 shares of common stock outstanding.
January 31, 2010 October 31, 2009 January 31, 2009 ---------------- ---------------- ---------------- Total Net Assets $110,593,022 $110,415,698 $105,071,896 NAV Per Share $14.46 $14.42 $13.32 Shares Outstanding 4,826,667 4,826,667 4,826,667
For the period November 1, 2009 through January 31, 2010 total net investment income was $1,238,913 or $0.26 per share of common stock. The total net realized and unrealized loss was $19,496 or $0.00 per share of common stock for the same period.
First Quarter Fourth Quarter First Quarter Ended Ended Ended January 31, 2010 October 31, 2009 January 31, 2009 ---------------- ---------------- ---------------- Total Net Investment Income $1,238,913 $1,202,982 $1,206,284 Per Share $0.26 $0.25 $0.25 Total Net Realized/ Unrealized Gain/ (Loss) ($19,496) $1,881,414 $2,383,112 Per Share ($0.00) $0.39 $0.49
* Total net assets include assets attributable to both common and preferred shares.
Alliance New York Municipal Income Fund, Inc. is managed by AllianceBernstein L.P.
SOURCE Alliance New York Municipal Income Fund, Inc.
Share this article