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COLONIAL MUNICIPAL INCOME TRUST FOURTH QUARTER EARNINGS

 COLONIAL MUNICIPAL INCOME TRUST FOURTH QUARTER EARNINGS
 BOSTON, Dec. 16 /PRNewswire/ -- Colonial Municipal Income Trust, (NYSE: CMU), a closed-end investment company, today released earnings and dividends for the fourth quarter ended and fiscal year-to-date through Nov. 30, 1991. The results, as compared to the same periods from the prior fiscal year, are as follows:
 Fourth Quarter Ended Fourth Quarter Ended
 Nov. 30, 1991 Nov. 30, 1991
 Aggregate Per share Aggregate Per Share
 (000s) (000s)
 Net investment income $4,167 15 cents $5,002 19 cents
 Dividends (4,641) (17 cents) (4,798) (18 cents)
 Net realized and
 unrealized gain/(loss) (3,705) (14 cents) 852 3 cents
 Increase/(decrease) in
 net asset value from
 operations (4,179) (16 cents) 1,056 4 cents
 Value of shares issued for
 reinvested dividends 515 N/A 170 N/A
 Net asset value:
 Beginning of period 220,086 8.22 221,865 8.33
 End of period $216,422 $8.06 $223,091 $8.37
 Market price at end of
 period $8.375 $7.875
 Fiscal Year-to-Date Fiscal Year-to-Date
 Through Nov. 30, 1991 Through Nov. 30, 1990
 Aggregate Per share Aggregate Per Share
 (000s) (000s)
 Net investment income $18,267 68 cents $19,964 75 cents
 Dividends (19,065) (71 cents) (19,150)(72 cents)
 Net realized and
 unrealized loss (7,539) (28 cents) (8,261)(31 cents)
 Decrease in net asset value
 from operations (8,337) (31 cents) (7,447)(28 cents)
 Value of shares issued for
 reinvested dividends 1,668 N/A 1,329 N/A
 Net asset value:
 Beginning of period 223,091 8.37 229,209 8.65
 End of period $216,422 $8.06 $223,091 $8.37
 Market price at end of
 period $8.375 $7.875
 -0- 12/16/91
 /CONTACT: Jeff Lewis of Colonial Group, 617-426-3750/
 (CMU) CO: The Colonial Group; Colonial Municipal Income Trust ST: Massachusetts IN: FIN SU: ERN


PB-SH -- NE013 -- 2680 12/16/91 16:57 EST
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Publication:PR Newswire
Date:Dec 16, 1991
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