ALLIANCEBERNSTEIN NATIONAL MUNICIPAL INCOME FUND, INC. REPORTS THIRD QUARTER EARNINGS

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AllianceBernstein National Municipal Income Fund, Inc. reported earnings for the third fiscal quarter ended July 31, 2023. Total net assets decreased slightly from $356.5 million on April 30, 2023, to $355.6 million on July 31, 2023. The net asset value per share of common stock also decreased from $12.40 on April 30, 2023, to $12.37 on July 31, 2023. Total net investment income for the period was $2.8 million, with a net realized and unrealized loss of $793,105. No significant positive or negative business takes affecting stock price were identified.

NEW YORK, Sept. 29, 2023 /PRNewswire/ -- AllianceBernstein National Municipal Income Fund, Inc. (NYSE: AFB), a registered closed‑end investment company, today announced earnings for the Fund's third fiscal quarter ended July 31, 2023.

Total net assets of the Fund* on July 31, 2023 were $355,617,637 as compared with $356,460,126 on April 30, 2023, and $377,335,035 on July 31, 2022. On July 31, 2023, the net asset value per share of common stock was $12.37 based on 28,744,936 shares of common stock outstanding.

	July 31, 2023	April 30, 2023	July 31, 2022
Total Net Assets	$355,617,637	$356,460,126	$377,335,035
NAV Per Share	$12.37	$12.40	$13.13
Shares Outstanding	28,744,936	28,744,936	28,744,936

For the period May 1, 2023 through July 31, 2023, total net investment income was $2,767,045 or $0.10 per share of common stock. The total net realized and unrealized loss was $793,105 or $0.03 per share of common stock for the same period.

	Third Quarter Ended July 31, 2023	Second Quarter Ended April 30, 2022	Third Quarter Ended July 31, 2022
Total Net Investment          Income	$2,767,045	$2,809,951	$3,877,740
Per Share	$0.10	$0.10	$0.13
Total Net Realized/   Unrealized Gain (Loss)	(793,105)	(6,646,708)	$4,104,226
Per Share	($0.03)	($0.23)	$0.14

* Total net assets include assets attributable to both common and preferred shares.

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

 

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SOURCE AllianceBernstein National Municipal Income Fund, Inc.