NEW YORK, Nov. 29 - ACM Income Fund, Inc. (NYSE: ACG), a registered closed-end investment company, today announced earnings for the third quarter ended September 30, 2005.
Total net assets of the Fund on September 30, 2005 were $1,907,844,697, as compared with $1,918,973,092 on June 30, 2005 and $1,843,384,688 on September 30, 2004. On September 30, 2005 the net asset value per share was $8.33 based on 228,928,307 shares of common stock outstanding.
September 30, 2005 June 30, 2005 September 30, 2004
Total Net Assets $1,907,844,697 $1,918,973,092 $1,843,384,688
NAV Per Share $8.33 $8.39 $8.08
Shares Outstanding 228,928,307 228,730,068 228,184,573
For the period July 1, 2005 through September 30, 2005, total net investment income was $37,557,522 or $0.16 per share. The total net realized and unrealized loss was $12,569,877 or $0.05 per share for the same period.
Third Quarter Second Quarter Third Quarter
Ended Ended Ended
September 30, 2005 June 30, 2005 September 30, 2004
Total Net Investment
Income $37,557,522 $40,364,559 $39,402,156
Per Share $0.16 $0.18 $0.17
Total Net Realized/
Unrealized Gain/Loss ($12,569,877) $62,632,347 $49,668,559
Per Share ($0.05) $0.27 $0.22
ACM Income Fund, Inc. is managed by Alliance Capital Management L.P.
