|
|
Article: The Czech Republic Fund announces earnings for initial fiscal year ended August 31, 1995.
- Article from:
- Business Wire
- Article date:
- September 13, 1995
CopyrightCOPYRIGHT 1995 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
NEW YORK--(BUSINESS WIRE)--Sept. 13, 1995--The Czech Republic Fund Inc., a closed-end management investment company that seeks long term capital appreciation by investing primarily in securities of Czech issuers, today announced unaudited results for its initial fiscal year ended August 31, 1995.
The Fund commenced investment operations on Sept. 30, 1994.
For the year ended August 31, 1995, the Fund's net investment income was $1,277,501, equal to $0.29 per share. Net realized and unrealized losses for the year ended August 31, 1995 were $3,651,306, equal to $.83 per share.
On August 31, 1995, total net assets of the Fund were $57,878,941, and the NAV ...