NEW YORK, Dec. 30, 2010 /PRNewswire-FirstCall/ -- Alliance California Municipal Income Fund, Inc. , a registered closedend investment company, today announced earnings for the Fund's fourth fiscal quarter ended October 31, 2010.
Total net assets of the Fund* on October 31, 2010 were $197,781,177 as compared with $196,510,717 on July 31, 2010 and $191,663,350 on October 31, 2009. On October 31, 2010, the net asset value per share of common stock was $14.67 based on 8,536,533 shares of common stock outstanding.
October 31, 2010 July 31, 2010 October 31, 2009 ------------- Total Net Assets $197,781,177 $196,510,717 $191,663,350 NAV Per Share $14.67 $14.52 $13.95 Shares Outstanding 8,536,533 8,536,533 8,536,533
For the period August 1, 2010 through October 31, 2010, total net investment income was $2,136,464, or $0.25 per share of common stock. The total net realized and unrealized gain was $1,160,652, or $0.14 per share of common stock for the same period.
Fourth Quarter Ended Third Quarter Fourth Quarter October 31, 2010 Ended Ended July 31, 2010 October 31, 2009 Total Net Investment Income $2,136,464 $2,206,691 2,167,047 Per Share $0.25 $0.26 $0.25 Total Net Realized/ Unrealized Gain/ (Loss) $1,160,652 $1,982,897 $6,766,498 Per Share $0.14 $0.23 $0.79
* 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
