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Colonial Intermediate High Income Fund Second Quarter Earnings.

BOSTON, Aug. 17 /PRNewswire/ -- Colonial Intermediate High Income Fund, (NYSE: CIF) a closed-end investment company, today released earnings and dividends for the third quarter ended and fiscal year-to-date through July 31, 1999. The results, as compared to the same periods from the prior fiscal year are as follows:
 3rd Quarter Ended 3rd Quarter Ended
 7/31/99 7/31/98
 Aggregate (000's) Aggregate (000's)
 Per Share Per Share


 Net investment income $3,698 0.18 $3,082 $0.18
 Dividends (3,456) (0.17) (2,876) (0.17)
 Net realized & unrealized
 loss (6,174) (0.31) (515) (0.03)
 Decrease in net asset
 value from operations. (5,932) (0.30) (309) (0.02)
 Rights offering N/A N/A 32,552 (0.23)
 Value of shares issued for
 reinvested dividends 548 N/A 178 N/A
 Net asset value:
 Beginning of period. 133,932 6.65 111,341 7.44

 End of period $128,548 $6.35 $143,762 $7.19
 Market price at end of the
 period $6.437 $6.937

 Fiscal Year-to-date Fiscal Year-to-Date
 Through 7/31/99 Through 7/31/98
 Aggregate (000's) Aggregate (000's)
 Per Share Per Share

 Net investment income $10,663 $0.52 $8,196 $0.53
 Dividends (10,341) (0.51) (8,086) (0.52)
 Net realized & unrealized
 gain 2,801 0.14 1,996 0.10
 Increase in net asset
 value from operations 3,123 0.15 2,106 0.11
 Rights offering N/A N/A 32,552 (0.19)
 Value of shares issued for
 reinvested dividends 945 N/A 1,330 N/A
 Net asset value:
 Beginning of period 124,480 6.20 107,774 7.27
 End of period $128,548 $6.35 $143,762 $7.19
 Market price at end of the
 period $6.437 $6.937
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Publication:PR Newswire
Geographic Code:1USA
Date:Aug 17, 1999
Words:299
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