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Alliance California Municipal Income Fund Inc (AKP) [hlAlert]

Alliance California Municipal Income Fund, Inc. (the Fund) is a diversified, closed-end management investment company. The Fund seeks to provide high current income exempt from regular federal and California income tax by investing substantially all of its net
assets in municipal securities that are exempt from regular federal and California income taxes. The Fund normally invests at least 75% of its net assets in investment-grade municipal securities or unrated municipal securities considered to be of comparable quality. The Fund may invest up to 25% of its net assets in municipal securities rated below investment-grade and unrated municipal securities considered to be of comparable quality. Alliance California Municipal Income Fund, Inc.?s investment advisor is AllianceBernstein, L.P.
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( Total: Current Stock Recommendations )
Alliance California Municipal Income Fund Inc   ()
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AKP 13.32 up  0.52 %

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