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Alliance All-Market Advantage Fund, Inc. Distribution Declaration.


NEW YORK--(BUSINESS WIRE)--Dec. 17, 1999--

Alliance All-Market Advantage Fund, Inc. (NYSE NYSE

See: New York Stock Exchange
:AMO AMO - America's Multimedia Online ), a closed-end management investment company, declared on this date, December 17, 1999, a quarterly distribution of $1.0533 per share of Common Stock, payable on January 7, 2000 to shareholders of record at the close of business on December 31, 1999. Ex-date will be December 29, 1999. The quarterly distribution is in accordance Accordance is Bible Study Software for Macintosh developed by OakTree Software, Inc.[]

As well as a standalone program, it is the base software packaged by Zondervan in their Bible Study suites for Macintosh.
 with the Fund's policy of paying a quarterly distribution amounting to at least 2.5% of its net asset value.

The Fund has also declared on this date, December 17, 1999, a capital gains distribution totaling $2.77, consisting entirely of a long-term capital gain Long-term capital gain

A profit on the sale of a security or mutual fund share that has been held for more than one year.
 (20% maximum rate), payable on January 7, 2000 to stockholders of record at the close of business on December 31, 1999. Ex-date will be December 29, 1999.

Alliance All-Market Advantage Fund, Inc. is managed by Alliance Capital Management L.P.
COPYRIGHT 1999 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1999, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Dec 17, 1999
Words:152
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