Fri Sep 22, 2017 3:06pm EST

NEW YORK, Sept. 22, 2017 /PRNewswire/ -- Alliance California Municipal Income Fund, Inc. (NYSE: AKP), a registered closed‑end investment company, today announced earnings for the Fund's third fiscal quarter ended July 31, 2017.

Total net assets of the Fund* on July 31, 2017 were $161,343,269, as compared with $158,949,582 on April 30, 2017 and $168,390,194 on July 31, 2016.  On July 31, 2017, the net asset value per share of common stock was $15.37 based on 8,554,668 shares of common stock outstanding.


July 31, 2017

April 30, 2017

July 31, 2016

Total Net Assets

$161,343,269

$158,949,582

$168,390,194

NAV Per Share

$15.37

$15.09

$16.19

Shares Outstanding

8,554,668

8,554,668

8,554,668

For the period May 1, 2017 through July 31, 2017, total net investment income was $1,187,303 or $0.14 per share of common stock. The total net realized and unrealized gain was $2,520,482 or $0.29 per share of common stock for the same period.


Third Quarter

Ended

July 31, 2017

Second Quarter

Ended

April 30, 2017

Third Quarter

 Ended

July 31, 2016

Total Net Investment 
  Income

$1,187,303

$1,196,858

$1,358,300

Per Share

$0.14

$0.14

$0.16

Total Net Realized/

  Unrealized Gain

$2,520,482

$1,900,771

$2,971,815

Per Share

$0.29

$0.22

$0.35

* Total net assets include assets attributable to both common and preferred shares.

Alliance California Municipal Income Fund, Inc. is managed by AllianceBernstein L.P.

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SOURCE Alliance California Municipal Income Fund, Inc.

To view the original version on PRNewsWire, visit: http://www.prnewswire.com/news-releases/446892273.html

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