Alliance New York Municipal Income Fund, Inc. Reports Third Quarter Earnings
NEW YORK, Sept. 26, 2014 /PRNewswire/ -- Alliance New York Municipal Income Fund, Inc. (NYSE: AYN), a registered closed‑end investment company, today announced earnings for the Fund's third fiscal quarter ended July 31, 2014.
Total net assets of the Fund* on July 31, 2014 were $109,564,070, as compared with $108,726,910 on April 30, 2014 and $105,554,790 on July 31, 2013. On July 31, 2014, the net asset value per share of common stock was $14.22 based on 4,836,261 shares of common stock outstanding.
July 31, 2014 |
April 30, 2014 |
July 31, 2013 |
|
Total Net Assets |
$109,564,070 |
$108,726,910 |
$105,554,790 |
NAV Per Share |
$14.22 |
$14.05 |
$13.39 |
Shares Outstanding |
4,836,261 |
4,836,261 |
4,836,261 |
For the period May 1, 2014 through July 31, 2014 total net investment income was $763,139 or $0.16 per share of common stock. The total net realized and unrealized gain was $831,721 or $0.17 per share of common stock for the same period.
Third Quarter Ended July 31, 2014 |
Second Quarter Ended April 30, 2014 |
Third Quarter Ended July 31, 2013 |
|
Total Net Investment Income |
$763,139 |
$732,666 |
$747,753 |
Per Share |
$0.16 |
$0.15 |
$0.15 |
Total Net Realized/ Unrealized Gain (Loss) |
$831,721 |
$1,917,912 |
($7,371,822) |
Per Share |
$0.17 |
$0.40 |
($1.52) |
* 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.
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article