Alliance World Dollar Government Fund, Inc. Reports Second Quarter Earnings.NEW YORK--(BUSINESS WIRE)--June 14, 1999-- Alliance World Dollar Government Fund, Inc. (NYSE NYSE See: New York Stock Exchange : AWG (American Wiring Gauge) A U.S. measurement standard of the diameter of non-ferrous wire, which includes copper and aluminum. In general, the thicker the wire, the greater the current-carrying capacity and the longer the distance it can span. ), a registered closed-end investment company closed-end investment company: see mutual fund. , today announced earnings for the second quarter ended April 30, 1999. 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 April 30, 1999 were $82,648,148 compared with $73,697,186 on January January: see month. 31, 1999 and $121,712,808 on April 30, 1998. On April 30, 1999 the net asset value per share was $9.85 based on 8,390,339 shares outstanding. -0-
April 30, 1999 January 31, 1999 April 30, 1998
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Total Net Assets $82,648,148 $73,697,186 $121,712,808
NAV Per Share $9.85 $8.86 $15.22
Outstanding Shares 8,390,339 8,318,246 7,996,375
-0- For the period February 1, 1999 through April 30, 1999, total net investment income was $2,615,399 or $0.31 per share. The total net realized and unrealized gain Unrealized Gain A profit that results from holding on to an asset rather than cashing it in and using the funds. Notes: Let's say you own a stock that has doubled, but you haven't sold it yet. This is said to be an unrealized gain. was $8,775,958 or $1.05 per share for the same period. -0-
Second Quarter First Quarter Second Quarter
Ended Ended Ended
April 30, 1999 January 31, 1999 April 30, 1998
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Total Net
Investment Income $2,615,399 $2,897,578 $2,637,821
Per Share $0.31 $0.35 $0.33
Total Net Realized/
Unrealized Gain/(Loss) $8,775,958 ($4,626,871) $2,102,545
Per Share $1.05 ($0.56) $0.26
-0- Alliance World Dollar Government Fund, Inc. is managed by Alliance Capital Management L.P. |
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