ACM Government Opportunity Fund, Inc. Reports Second Quarter Earnings.Business Editors NEW YORK--(BUSINESS WIRE)--March 16, 2000 ACM Government Opportunity Fund, Inc. (NYSE: AOF), a registered closed-end investment company, today announced earnings for the second quarter ended January 31, 2000. Total net assets of the Fund on January 31, 2000 were $100,746,325 compared with $102,132,771 on October 31, 1999 and $109,130,325 on January 31, 1999. On January 31, 2000 the net asset value per share was $7.72 based on 13,058,472 shares of common stock outstanding.
January 31, 2000 October 31, 1999 January 31, 1999
---------------- ---------------- ----------------
Total Net Assets $100,746,325 $102,132,771 $109,130,325
NAV Per Share $7.72 $7.81 $8.35
Shares Outstanding 13,058,472 13,071,872 13,071,872
For the period November 1, 1999 through January 31, 2000, total net investment income was $2,692,397 or $0.21 per share. The total net realized and unrealized loss was ($1,499,744) or ($0.11) per share for the same period.
Second Quarter First Quarter Second Quarter
Ended Ended Ended
January 31, 2000 October 31, 1999 January 31, 1999
---------------- ---------------- ----------------
Total Net Investment
Income $2,692,397 $2,604,800 $1,932,518
Per Share $0.21 $0.20 $0.15
Total Net Realized/
Unrealized Gain (Loss) ($1,499,744) $141,585 ($2,008,654)
Per Share ($0.11) $0.01 ($0.15)
ACM Government Opportunity Fund, Inc. is managed by Alliance Capital Management L.P. |
|
||||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion