AllianceBernstein National Municipal Income Fund, Inc. Reports Second Quarter Earnings

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AllianceBernstein National Municipal Income Fund (AFB) reported its second fiscal quarter earnings for the period ending April 30, 2021. The Fund's total net assets decreased to $445,447,456 from $448,543,964 at the end of January 2021. The net asset value per share is $15.50, with shares outstanding at 28,744,936. The total net investment income for the period was $4,589,414 or $0.16 per share, while total net realized and unrealized losses were ($2,932,800) or (0.10) per share.

Positive

• None.

Negative

• Decrease in total net assets from $448,543,964 to $445,447,456.
• Net realized and unrealized losses of ($2,932,800) for the quarter.
• No increase in net investment income compared to the previous quarter.

NEW YORK, June 25, 2021 /PRNewswire/ -- AllianceBernstein National Municipal Income Fund, Inc. (NYSE: AFB), a registered closed–end investment company, today announced earnings for the Fund's second fiscal quarter ended April 30, 2021.

Total net assets of the Fund* on April 30, 2021 were $445,447,456 as compared with $448,543,964 on January 31, 2021, and $398,677,599 on April 30, 2020. On April 30, 2021, the net asset value per share of common stock was $15.50 based on 28,744,936 shares of common stock outstanding.

	April 30, 2021	January 31, 2021	April 30, 2020
Total Net Assets	$445,447,456	$448,543,964	$398,677,599
NAV Per Share	$15.50	$15.60	$13.87
Shares Outstanding	28,744,936	28,744,936	28,744,936

For the period February 1, 2021 through April 30, 2021, total net investment income was $4,589,414 or $0.16 per share of common stock. The total net realized and unrealized loss was ($2,932,800) or ($0.10) per share of common stock for the same period.

	Second Quarter Ended April 30, 2021	First Quarter Ended January 31, 2021	First Quarter Ended April 30, 2020
Total Net Investment          Income	$4,589,414	$4,596,447	$3,536,783
Per Share	$0.16	$0.16	$0.12
Total Net Realized/   Unrealized Gain (Loss)	($2,932,800)	$19,115,976	($44,635,062)
Per Share	($0.10)	$0.67	($1.55)
* Total net assets include assets attributable to both common and preferred shares.

 

AllianceBernstein National Municipal Income Fund, Inc. is managed by AllianceBernstein L.P.

View original content:http://www.prnewswire.com/news-releases/alliancebernstein-national-municipal-income-fund-inc-reports-second-quarter-earnings-301320307.html

SOURCE AllianceBernstein National Municipal Income Fund, Inc.

FAQ

What is the latest net asset value per share of AFB?

As of April 30, 2021, the net asset value per share of AFB is $15.50.

What was AFB's total net investment income for the second quarter of 2021?

AFB reported a total net investment income of $4,589,414 or $0.16 per share for the second quarter of 2021.

Did AFB experience any losses in its second quarter earnings report?

Yes, AFB reported total net realized and unrealized losses of ($2,932,800) or ($0.10) per share.

How did AFB's total net assets change from January 31, 2021, to April 30, 2021?

AFB's total net assets decreased from $448,543,964 on January 31, 2021, to $445,447,456 on April 30, 2021.