NEW YORK, Feb. 29 /PRNewswire-FirstCall/ -- ACM Managed Dollar Income Fund, Inc. (NYSE:ADF), a registered closed-end investment company, today announced earnings for the first quarter ended December 31, 2007.
Total net assets of the Fund on December 31, 2007 were $159,484,525, as compared with $161,316,894 on September 30, 2007 and $173,102,705 on December 31, 2006. On December 31, 2007 the net asset value per share was $8.19 based on 19,469,017 shares outstanding.
December 31, 2007 September 30, 2007 December 31, 2006
Total Net Assets $159,484,525 $161,316,894 $173,102,705
NAV Per Share $8.19 $8.29 $8.45
Shares Outstanding 19,469,017 19,469,017 20,493,702
For the period October 1, 2007 through December 31, 2007, total net investment income was $2,681,313 or $0.14 per share. The total net realized and unrealized loss was ($1,856,069) or ($0.10) per share for the same period.
First Quarter Fourth Quarter First Quarter
Ended Ended Ended
December 31, September 30, December 31,
2007 2007 2006 Total Net Investment
Income $2,681,313 $2,326,976 $2,810,632
Per Share $0.14 $0.12 $0.14 Total Net Realized/
Unrealized ($1,856,069) $143,681 $4,701,507
Gain/(Loss)
Per Share ($0.10) $0.01 $0.23
ACM Managed Dollar Income Fund, Inc. is managed by AllianceBernstein L.P. DATASOURCE: ACM Managed Dollar Income Fund, Inc.
CONTACT: Shareholder Contact: 1-800-221-5672 Web site: http://www.alliancebernstein.com/
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