Alliance All-Market Advantage Fund, Inc. reports third quarter earnings.NEW YORK--(BUSINESS WIRE)--August 14, 1996: Alliance All-Market Advantage Fund, Inc. (NYSE NYSE See: New York Stock Exchange : AMO AMO - America's Multimedia Online ), a registered closed-end investment company closed-end investment company: see mutual fund. , today announced earnings for the third quarter ended June 30, 1996. 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 June 30, 1996 were $56,539,448 as compared with $56,661,947 on March 31, 1996 and $55,344,512 on June 30, 1995. On June 30, 1996 the net asset value per share was $22.57 based on 2,505,000 shares outstanding. June 30, 1996 March 31, 1996 June 30, 1995 Total Net Assets $56,539,448 $56,661,947 $55,344,512 NAV See navigation system and navigation bar. Per Share $22.57 $22.62 $22.09 Shares Outstanding 2,505,000 2,505,000 $2,505,000 For the period April 1, 1996 through June 30, 1996, total net operating loss operating loss The excess of operating expenses over revenue. As with operating income, operating losses exclude revenues and expenses from operations that are not considered a regular part of the business. Also called deficit. Compare operating income. was ($268,385) or ($0.11) per share. The total net realized and unrealized gain was $1,279,149 or $0.51 per share for the same period. Third Quarter Second Quarter Third Quarter Ended Ended Ended June 30, 1996 March 31, 1996 June 30, 1995 Total Net Operating Loss ($268,385) ($324,172) ($78,724) Per Share ($0.11) ($0.12) ($0.03) Total Net Realized/ Unrealized Gain $1,279,149 $3,467,277 $5,569,227 Per Share $0.51 $1.38 $2.22 Alliance All-Market Advantage Fund, Inc. is managed by Alliance Capital Management L.P. CONTACT: Linda Finnerty, 212-969-1316 Shareholder Contact:1-800-221-5672 |
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