ACM Income Fund, Inc. Reports First Quarter Earnings
Friday May 28, 4:06 pm ET
NEW YORK, May 28 /PRNewswire-FirstCall/ -- ACM Income Fund, Inc. (NYSE: ACG - News), a registered closed-end investment company, today announced earnings for the first quarter ended March 31, 2004.
Total net assets of the Fund on March 31, 2004 were $1,916,390,874 compared with $1,904,853,048 on December 31, 2003 and $1,833,173,139 on March 31, 2003. On March 31, 2004 the net asset value per share was $8.43 based on 227,435,956 shares of common stock outstanding.
March 31, 2004 December 31, 2003 March 31, 2003
Total Net Assets $1,916,390,874 $1,904,853,048 $1,833,173,139
NAV Per Share $8.43 $8.39 $8.11
Shares Outstanding 227,435,956 227,073,766 226,174,622
For the period January 1, 2004 through March 31, 2004, total net investment income was $38,395,278 or $0.17 per share. The total net realized and unrealized gain was $31,424,451 or $0.14 per share for the same period.
First Quarter Fourth Quarter First Quarter
Ended Ended Ended
March 31, 2004 December 31, 2003 March 31, 2003
Total Net Investment
Income $38,395,278 $40,311,933 $46,929,245
Per Share $0.17 $0.18 $0.21
Total Net Realized/
Unrealized Gain
(Loss) $31,424,451 $8,118,637 $51,085,128
Per Share $0.14 $0.04 $0.23
ACM Income Fund, Inc. is managed by Alliance Capital Management L.P. |
