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COLONIAL INTERMARKET INCOME TRUST I FIRST QUARTER EARNINGS

 COLONIAL INTERMARKET INCOME TRUST I FIRST QUARTER EARNINGS
 BOSTON, March 17 /PRNewswire/ -- Colonial InterMarket Income Trust I (NYSE: CMK), a closed-end investment company, today released earnings and dividends for the first quarter and fiscal year ended Feb. 29, 1992. The results, as compared to the same periods from the prior fiscal year, are as follows:
 First Quarter and Fiscal Year
 ended Feb. 29, 1992
 Aggregate (000's) Per Share
 Net investment income $3,340 30 cents
 Dividends (3,302) (30 cents)
 Net realized and
 unrealized gain 504 5 cents
 Increase in net asset
 value from operations 542 5 cents
 Net asset value:
 Beginning of quarter 124,778 11.33
 End of quarter $125,320 $11.38
 Market price at end of
 the quarter --- $11.125
 First Quarter and Fiscal Year
 ended Feb. 28, 1991
 Aggregate (000s) Per Share
 Net investment income $3,465 31 cents
 Dividends (3,468) (32 cents)
 Net realized and
 unrealized gain 4,213 39 cents
 Increase in net asset
 value from operations 4,210 38 cents
 Net asset value:
 Beginning of quarter 117,083 10.64
 End of quarter $121,293 $11.02
 Market price at end of
 the quarter --- $10.500
 -0- 3/17/92
 /CONTACT: Jeff Lewis of Colonial Mutual Funds, 617-426-3750/
 (CMK) CO: The Colonial Group; Colonial InterMarket Income Trust I ST: Massachusetts IN: FIN SU: ERN


PB-SH -- NE008 -- 8797 03/17/92 13:16 EST
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Publication:PR Newswire
Date:Mar 17, 1992
Words:232
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