AllianceBernstein National Municipal Income Fund, Inc. RELEASES MONTHLY PORTFOLIO UPDATE
Top 10 | Portfolio % | |
1) | 1.85 % | |
2) | 1.80 % | |
3) Wisconsin Public Finance Authority Series 2018 | 1.78 % | |
4) | 1.74 % | |
5) City of El Paso TX Series 2021-C | 1.70 % | |
6) Detroit Downtown Development Authority Series 2018-A | 1.69 % | |
7) Wisconsin Public Finance Authority Series 2022 | 1.64 % | |
8) | 1.61 % | |
9) Virginia Small Business Financing Authority Series 2022 | 1.56 % | |
10) | 1.48 % | |
Sector/Industry Breakdown | Portfolio % | |
Revenue | ||
Health Care - Not-for-Profit | 19.58 % | |
Airport | 9.22 % | |
Revenue - Miscellaneous | 7.82 % | |
Toll Roads/Transit | 6.21 % | |
Electric Utility | 4.46 % | |
Higher Education - Private | 2.98 % | |
Tobacco Securitization | 2.90 % | |
2.70 % | ||
Prepay Energy | 2.38 % | |
Primary/Secondary Ed. - Public | 2.28 % | |
Water & Sewer | 1.70 % | |
Port | 0.84 % | |
0.53 % | ||
Senior Living | 0.24 % | |
SUBTOTAL | 63.84 % | |
Tax Supported | ||
Special Tax | 9.94 % | |
Local G.O. | 9.70 % | |
State G.O. | 8.31 % | |
State Lease | 1.22 % | |
SUBTOTAL | 29.17 % | |
Prerefunded/ETM | 4.93 % | |
1.62 % | ||
Cash & Cash Equivalents | ||
Funds and Investment Trusts | 0.44 % | |
SUBTOTAL | 0.44 % | |
Total | 100.00 % | |
State Breakdown | Portfolio % | |
11.56 % | ||
8.41 % | ||
8.16 % | ||
7.50 % | ||
6.08 % | ||
6.06 % | ||
5.45 % | ||
5.35 % | ||
5.27 % | ||
3.15 % | ||
2.72 % | ||
2.28 % | ||
2.22 % | ||
2.02 % | ||
1.94 % | ||
1.75 % | ||
1.72 % | ||
1.67 % | ||
1.55 % | ||
1.53 % | ||
1.47 % | ||
1.38 % | ||
1.30 % | ||
1.23 % | ||
1.05 % | ||
1.00 % | ||
0.88 % | ||
0.86 % | ||
0.82 % | ||
0.67 % | ||
0.52 % | ||
0.49 % | ||
0.48 % | ||
0.35 % | ||
0.20 % | ||
0.14 % | ||
0.13 % | ||
0.10 % | ||
0.07 % | ||
0.03 % | ||
Other | 0.44 % | |
Total Investments | 100.00 % | |
Credit Quality Breakdown | Portfolio % | |
3.60 % | ||
AA | 32.16 % | |
A | 34.33 % | |
BBB | 19.79 % | |
BB | 2.97 % | |
B | 0.16 % | |
D | 0.23 % | |
Not Rated | 0.33 % | |
Pre-refunded Bonds | 4.93 % | |
Short Term Investments | 1.50 % | |
Total | 100.00 % | |
Bonds by Maturity | Portfolio % | |
Less than 1 Year | 3.70 % | |
1 To 5 Years | 6.93 % | |
5 To 10 Years | 12.37 % | |
10 To 20 Years | 25.15 % | |
20 To 30 Years | 40.51 % | |
More than 30 Years | 11.34 % | |
Other | 0.00 % | |
Total Net Assets | 100.00 % | |
Portfolio Statistics: | ||
AMT Percent: | 15.10 % | |
Average Coupon: | 4.48 % | |
Percentage of Leverage: | ||
Bank Borrowing: | 0.00 % | |
Investment Operations: | 0.59 % | |
Auction Preferred Shares (APS): | 0.00 % | |
Tender Option Bonds: | 0.00 % | |
VMTP Shares: | 40.24 % | |
Total Fund Leverage: | ||
Average Maturity: | 10.76 Years | |
Effective Duration: | 7.29 Years | |
Total Net Assets: | ||
Common Stock Net Asset Value: | ||
Total Number of Holdings: | 189 | |
Portfolio Turnover: | 18.00 % | |
* The total percentage of leverage constitutes | ||
in issued and outstanding VMTPs and | ||
certain portfolio management techniques such as credit default swaps, dollar rolls, negative cash, | ||
reverse repurchase agreements and when-issued securities. | ||
** The Fund also had outstanding | ||
in Total Net Assets because it is treated as a liability for financial reporting purposes. |
The foregoing portfolio characteristics are as of the date indicated and can be expected to change. The Fund is a closed-end
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