Printer Friendly

COLONIAL MUNICIPAL INCOME TRUST REPORTS FIRST QUARTER EARNINGS

 BOSTON, March 25 /PRNewswire/ -- Colonial Municipal Income Trust (NYSE: CMU) a closed-end investment company today released earnings and dividends for the first quarter and fiscal year ended Feb. 28, 1993. The results as compared to the same periods from the prior fiscal year, are as follows:
 COLONIAL MUNICIPAL INCOME TRUST
 Financial Highlights
 First Quarter and Fiscal Year Ended
 Feb. 28, 1993
 Aggregate Per Share
 (000's)
 Net investment income $4,397 16 cents
 Dividends (4,301) (16 cents)
 Net realized and unrealized
 gain 4,572 17 cents
 Increase in net asset value
 from operations 4,668 17 cents
 Value of shares issued for
 reinvested dividends 154 ---
 Net asset value:
 Beginning of quarter 213,420 7.89
 End of quarter $218,242 $8.06
 Market price at end
 of the quarter --- $8.500
 First Quarter and Fiscal Year Ended
 Feb 29, 1992
 Aggregate Per Share
 (000's)
 Net investment income $4,371 16 cents
 Dividends (4,273) (16 cents)
 Net realized and unrealized
 loss (2,756) (10 cents)
 Decrease in net asset value
 from operations (2,658) (10 cents)
 Value of shares issued for
 reinvested dividends 308 ---
 Net asset value:
 Beginning of quarter 216,394 8.06
 End of quarter $214,044 $7.96
 Market price at end
 of the quarter --- $8.000
 -0- 3/25/93
 /CONTACT: Jeff Lewis of The Colonial Group, 617-426-3750/
 (CMU)


CO: The Colonial Group; Colonial Municipal Income Trust ST: Massachusetts IN: FIN SU: ERN

CH -- NE005 -- 9486 03/25/93 10:27 EST
COPYRIGHT 1993 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1993 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Mar 25, 1993
Words:246
Previous Article:CRAY RESEARCH ANNOUNCES WORKSTATION VERSION OF POPULAR UNICHEM PRODUCT
Next Article:WELLCOME REPORTS SIXTH MONTH FINANCIALS
Topics:


Related Articles
COLONIAL MUNICIPAL INCOME TRUST FOURTH QUARTER EARNINGS
COLONIAL MUNICIPAL INCOME TRUST FIRST QUARTER EARNINGS
COLONIAL HIGH INCOME MUNICIPAL TRUST FOURTH QUARTER EARNINGS
COLONIAL INVESTMENT GRADE MUNICIPAL TRUST FIRST QUARTER EARNINGS
COLONIAL INVESTMENT SERVICES, INC. ANNOUNCES SECOND QUARTER EARNINGS
COLONIAL INVESTMENT GRADE MUNICIPAL TRUST FIRST QUARTER EARNINGS
COLONIAL MUNICIPAL INCOME TRUST FIRST QUARTER EARNINGS
COLONIAL INTERMEDIATE HIGH INCOME FUND FIRST QUARTER EARNINGS
COLONIAL MUNICIPAL INCOME TRUST FIRST QUARTER EARNINGS
COLONIAL INVESTMENT GRADE MUNICIPAL TRUST FIRST QUARTER EARNINGS

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters