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Alliancebernstein Income Fund Message Board

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  • empire9988 empire9988 Jul 8, 2002 2:57 PM Flag

    Some thoughts

    To make .92 in interest the fund would have to get 15% on it's nav. Remember, there are operating expenses. Since 22 year gov'ts and aaa corporates pay 6% (or less) they have to make 9% in gains, but those gains are already relected in nav. It's mathematically impossible.

7.91-0.01(-0.13%)Apr 18 4:02 PMEDT