NEW YORK, June 26 /PRNewswire-FirstCall/ -- Alliance California Municipal Income Fund, Inc. , a registered closed-end investment company, today announced earnings for the Fund's second fiscal quarter ended April 30, 2009.
Total net assets of the Fund* on April 30, 2009 were $184,866,062, as compared with $180,885,291 on January 31, 2009 and $205,791,863 on April 30, 2008. On April 30, 2009, the net asset value per share of common stock was $13.16 based on 8,536,533 shares of common stock outstanding.
April 30, 2009 January 31, 2009 April 30, 2008 -------------- ---------------- -------------- Total Net Assets $184,866,062 $180,885,291 $205,791,863 NAV Per Share $13.16 $12.69 $14.62 Shares Outstanding 8,536,533 8,536,533 8,536,533
For the period February 1, 2009 through April 30, 2009, total net investment income was $2,076,481, or $0.24 per share of common stock. The total net realized and unrealized gain was $3,821,687, or $0.45 per share of common stock for the same period.
Second Quarter First Quarter Second Quarter Ended Ended Ended April 30, 2009 January 31, 2009 April 30, 2008 -------------- ---------------- -------------- Total Net Investment Income $2,076,481 $2,208,914 $2,165,324 Per Share $0.24 $0.26 $0.25 Total Net Realized/ Unrealized Gain/(Loss) $3,821,687 $593,032 ($3,571,484) Per Share $0.45 $0.07 ($0.42) * Total net assets include assets attributable to both common and preferred shares.
Alliance California Municipal Income Fund, Inc. is managed by AllianceBernstein L.P.
Alliance California Municipal Income Fund, Inc.
CONTACT: Shareholder Contact, +1-800-221-5672, for Alliance California
Municipal Income Fund, Inc.
