Alliance World Dollar Government Fund Reports Fourth Quarter Earnings.NEW YORK--(BUSINESS WIRE)--Dec. 15, 1998--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 fourth quarter ended October October: see month. 31, 1998. 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 October 31, 1998 were $82,950,131 compared with $110,342,937 on July July: see month. 31, 1998 and $138,708,982 on October 31, 1997. On October 31, 1998 the net asset value per share was $10.22 based on 8,116,504 shares outstanding. -0-
October 31, 1998 July 31, 1998 October 31, 1997
Total Net Assets $82,950,131 $110,342,937 $138,708,982
NAV Per Share $10.22 $13.71 $16.03
Outstanding Shares 8,116,504 8,046,981 8,652,707
For the period August 1, 1998 through October 31, 1998, total net
investment income was $2,946,867 or $0.36 per share. The total net
realized and unrealized loss was ($27,964,557) or ($3.45) per share
for the same period.
Fourth Quarter Third Quarter Fourth Quarter
Ended Ended Ended
October 31, 1998 July 31, 1998 October 31, 1997
Total Net
Investment Income $2,946,867 $3,190,337 $3,441,500
Per Share $0.36 $0.40 $0.40
Total Net Realized/
Unrealized (Loss) ($27,964,557) ($12,226,567) ($18,801,775)
Per Share ($3.45) ($1.52) ($2.18)
Alliance World Dollar Government Fund, Inc. is managed by Alliance Capital Management L.P. |
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