Alliance World Dollar Government Fund, Inc. Reports Third Quarter Earnings.NEW YORK--(BUSINESS WIRE)--Sept. 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 third quarter ended July July: see month. 31, 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 July 31, 1999 were $77,194,289 compared with $82,648,148 on April 30, 1999 and $110,342,937 on July 31, 1998. On July 31, 1999 the net asset value per share was $9.13 based on 8,454,078 shares outstanding.
July 31, 1999 April 30, 1999 July 31, 1998
------------- -------------- -------------
Total Net Assets $77,194,289 $82,648,148 $110,342,937
NAV Per Share $9.13 $9.85 $13.71
Outstanding Shares 8,454,078 8,390,339 8,046,981
For the period May 1, 1999 through July 31, 1999, total net
investment income was 2,389,353 or $0.28 per share. The total net
realized and unrealized loss was ($5,491,916) or ($0.65) per share for
the same period.
Third Quarter Second Quarter Third Quarter
Ended Ended Ended
July 31, 1999 April 30, 1999 July 31, 1998
------------- -------------- -------------
Total Net
Investment Income $2,389,353 $2,615,399 $3,190,337
Per Share $0.28 $0.31 $0.40
Total Net Realized/
Unrealized Gain/(Loss) ($5,491,916) $8,775,958 ($12,226,567)
Per Share ($0.65) $1.05 ($1.52)
Alliance World Dollar Government Fund, Inc. is managed by Alliance Capital Management L.P. |
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