Alliance California Municipal Income Fund Inc (NYSE:AKP)

Real-time price: | Most recent change:0.00%

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 or at least 80% of its net assets in municipal securities that are exempt from regular federal and California income taxes. Alliance California Municipal Income Fund, Inc.'s investment advisor is AllianceBernstein, L.P., formerly known as Alliance Capital Management L.P. ...

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The U.S. federal government debt has risen from less than 40% of total GDP about a decade ago to 78% as of May 2018.

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