| | Business Summary | | ACM
Income
Fund,
Inc.,
formerly
known
as
ACM
Government
Income
Fund,
Inc.,
is
registered
under
the
Investment
Company
Act
of
1940
as
a
non-diversified,
closed-end
management
investment
company.
Purchases
and
sales
of
investment
securities
(excluding
short-term
investments
and
United
States
government
securities)
aggregated
$362.4
million
and
$335.6
million,
respectively,
for
the
six
months
ended
June
30,
2000.
There
were
purchases
of
$1.56
billion
and
sales
of
$1.61
billion
of
United
States
government
and
government
agency
obligations
for
the
six
months
ended
June
30,
2000. | | More
from
Market Guide: Expanded
Business Description |
| | Financial Summary | | ACM
Income
Fund,
Inc.
is
a
closed-end
management,
non-diversified
investment
company.
The
ACM
Income
Fund
invests
principally
in
U.S.
Government
obligations.
For
the
twelve
months
ended
12/31/00,
investment
income
totaled
$59.3
million.
Net
investment
income
totaled
$46.7
million.
Net
increase
in
net
assets
from
operations
totaled
$89.2
million.
Net
asset
value
per
share
increased
from
$7.97
on
6/30/00
to
$8.45
on
12/31/00. Recent Earnings Announcement
For
the
3
months
ended
03/31/2001,
after
tax
earnings
were
32,751. (Preliminary; reported in thousands of dollars.) | | More
from
Market Guide: Significant
Developments |
| | |
| Position | | John Carifa, 54 | Chariman
of the Board | | Wayne Lyski | Pres |
| More
from
Market Guide on Officers & Directors:
Expanded
List, Bios,
Compensation,
Options
|
|
![[one-year price graph]](http://chart.yahoo.com/c/0b/a/acg.gif)