NEW YORK, Dec. 28 /PRNewswire-FirstCall/ -- Alliance California Municipal Income Fund, Inc. , a registered closed-end investment company, today announced earnings for the Fund's fourth fiscal quarter ended October 31, 2007.
Total net assets of the Fund* on October 31, 2007 were $209,062,186 as compared with $208,816,211 on July 31, 2007 and $211,666,778 on October 31, 2006. On October 31, 2007, the net asset value per share of common stock was $15.00 based on 8,536,533 shares of common stock outstanding.
October 31, 2007 July 31, 2007 October 31, 2006 Total Net Assets $209,062,186 $208,816,211 $211,666,778 NAV Per Share $15.00 $14.97 $15.31 Shares Outstanding 8,536,533 8,536,533 8,535,418
For the period August 1, 2007 through October 31, 2007, total net investment income was $2,237,822 or $0.26 per share of common stock. The total net realized and unrealized gain was $351,514 or $0.04 per share of common stock for the same period.
Fourth Quarter Third Quarter Fourth Quarter Ended Ended Ended October 31, 2007 July 31, 2007 October 31, 2006 Total Net Investment Income $2,237,822 $2,258,634 $2,326,741 Per Share $0.26 $0.27 $0.26 Total Net Realized/ Unrealized Gain /(Loss) $351,514 ($1,681,475) $3,333,326 Per Share $0.04 ($0.20) $0.39
* Total net assets include assets attributable to both common and preferred shares.
Alliance California Municipal Income Fund, Inc. is managed by AllianceBernstein L.P.
