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From the Wires
Alliance California Municipal Income Fund, Inc. Reports Fourth Quarter Earnings
By: PR Newswire
Dec. 28, 2012 04:06 PM
NEW YORK, Dec. 28, 2012 /PRNewswire/ -- Alliance California Municipal Income Fund, Inc. (NYSE: AKP), a registered closed‑end investment company, today announced earnings for the Fund's fourth fiscal quarter ended October 31, 2012. Total net assets of the Fund* on October 31, 2012 were $201,262,705, as compared with $201,200,786 on July 31, 2012 and $192,515,189 on October 31, 2011. On October 31, 2012, the net asset value per share of common stock was $15.05 based on 8,551,198 shares of common stock outstanding.
For the period August 1, 2012 through October 31, 2012, total net investment income was $1,611,814 or $0.19 per share of common stock. The total net realized and unrealized gain was $1,039,456 or $0.12 per share of common stock for the same period.
* Total net assets include assets attributable to both common and preferred shares. Alliance California Municipal Income Fund, Inc. is managed by AllianceBernstein L.P. SOURCE Alliance California Municipal Income Fund, Inc. Latest AJAXWorld RIA Stories
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