NEW YORK, June 26 /PRNewswire-FirstCall/ -- Alliance New York 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 $107,179,743, as compared with $105,071,896 on January 31, 2009 and $115,388,887 on April 30, 2008. On April 30, 2009, the net asset value per share of common stock was $13.75 based on 4,826,667 shares of common stock outstanding.
April 30, 2009 January 31, 2009 April 30, 2008 -------------- ---------------- -------------- Total Net Assets $107,179,743 $105,071,896 $115,388,887 NAV Per Share $13.75 $13.32 $14.58 Shares Outstanding 4,826,667 4,826,667 4,826,667
For the period February 1, 2009 through April 30, 2009, total net investment income was $1,148,986 or $0.24 per share of common stock. The total net realized and unrealized gain was $1,968,094 or $0.41 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 $1,148,986 $1,206,284 $1,182,734 Per Share $0.24 $0.25 $0.25 Total Net Realized/ Unrealized Gain/(Loss) $1,968,094 $2,383,112 ($2,055,929) Per Share $0.41 $0.49 ($0.43)
* 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.
Alliance New York Municipal Income Fund, Inc.
CONTACT: Shareholder Contact, 1-800-221-5672, for Alliance New York
Municipal Income Fund, Inc.
