NEW YORK, Dec. 29 /PRNewswire-FirstCall/ -- Alliance New York Municipal Income Fund, Inc. , a registered closed-end investment company, today announced earnings for the Fund's fourth fiscal quarter ended October 31, 2006.
Total net assets of the Fund* on October 31, 2006 were $119,469,804, as compared with $117,849,791 on July 31, 2006 and $118,179,299 on October 31, 2005. On October 31, 2006, the net asset value per share of common stock was $15.43 based on 4,826,667 shares of common stock outstanding.
October 31, 2006 July 31, 2006 October 31, 2005
Total Net Assets $119,469,804 $117,849,791 $118,179,299
NAV Per Share $15.43 $15.09 $15.16
Shares Outstanding 4,826,667 4,826,667 4,826,667
For the period August 1, 2006 through October 31, 2006, total net investment income was $1,274,863 or $0.26 per share of common stock. The total net realized and unrealized gain was $1,648,972 or $0.34 per share of common stock for the same period.
Fourth Quarter Third Quarter Fourth Quarter
Ended Ended Ended
October 31, 2006 July 31, 2006 October 31, 2005
Total Net
Investment
Income $1,274,863 $1,273,188 $1,219,050
Per Share $0.26 $0.26 $0.25
Total Net
Realized/
Unrealized
Gain/(Loss) $1,648,972 $2,732 ($1,101,237)
Per Share $0.34 $0.00 ($0.23)
* 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.
