ACM Managed Income Fund, Inc. reports first quarter earnings.NEW YORK--(BUSINESS WIRE)--January 12, 1996--ACM Managed Income Fund, Inc. (NYSE NYSE See: New York Stock Exchange : AMF AMF ACE (Allied Command, Europe) Mobile Force AMF Autorité des Marchés Financiers (French) AMF Action Message Format AMF Arab Monetary Fund AMF Asian Monetary Fund AMF Autocrine Motility Factor ), a registered closed-end investment company closed-end investment company: see mutual fund. , today announced earnings for the first quarter ended November November: see month. 30, 1995. Total net assets Net assets The difference between total assets on the one hand and current liabilities and noncapitalized long-term liabilities on the other hand. net assets See owners' equity. of the Fund on November 30, 1995 were $279,816,426 as compared with $266,568,999 on August 31, 1995 and $249,142,919 on November 30, 1994. On November 30, 1995 the net asset value per share was $8.72 based on 21,200,502 shares of common stock outstanding. -0-
November 30, 1995 August 31, 1995 November 30, 1994
Total Net
Assets $279,816,426 $266,568,999 $249,142,919
NAV Per Share $8.72 $8.14 $7.49
Shares
Outstanding
Common 21,200,502 21,072,987 20,577,758
Remarketed
Preferred 950 950 950
For the period September 1, 1995 through November 30, 1995, total
net investment income was $6,241,155 or $0.30 per share. The total
net realized and unrealized gain was $10,468,235 or $0.49 per share
for the same period.
First Quarter Fourth Quarter First Quarter
Ended Ended Ended
November 30, 1995 August 31, 1995 November 30, 1994
Total Net Investment Income $6,241,155 $6,386,210 $6,033,652 Per Share $0.30 $0.30 $0.29 Total Net Realized/ Unrealized Gain (Loss) $10,468,235 ($580,804) ($11,350,737) Per Share $0.49 ($0.03) ($0.55)
ACM Managed Income Fund, Inc. is managed by Alliance Capital
Management L.P.
CONTACT: Media Contact: Linda A set of parallel processing functions added to languages, such as C and C++, that allows data to be created and transferred between processes. It was developed by Yale professor David Gelernter, when he was a 23-year old graduate student. Finnerty Finnerty is a surname of Irish origin. Some of the people by the name are:
212-969-1316 or Shareholder Contact: 1-800-221-5672 |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion