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

PRNewswire 29-Mar-2019 4:06 PM

NEW YORK, March 29, 2019 /PRNewswire/ -- AllianceBernstein National Municipal Income Fund, Inc. (NYSE:AFB), a registered closed-end investment company, today announced earnings for the Fund's first fiscal quarter ended January 31, 2019.

Total net assets of the Fund* on January 31, 2019 were $414,368,564 as compared with $490,555,348 on October 31 2018, and $511,596,304 on January 31, 2018.  On January 31, 2019, the net asset value per share of common stock was $14.32 based on 28,744,936 shares of common stock outstanding.

January 31, 2019

October 31, 2018

January 31, 2018

Total Net Assets

$414,368,564

$490,555,348

$511,596,304

NAV Per Share

$14.32

$13.86

$14.59

Shares Outstanding

28,744,936

28,744,936

28,744,936

For the period November 1, 2018 through January 31, 2019, total net investment income was $4,175,237 or $0.15 per share of common stock. The total net realized and unrealized gain was $12,235,254 or $0.43 per share of common stock for the same period.

First Quarter

Ended

January 31, 2019

Fourth Quarter

Ended

October 31, 2018

First Quarter

Ended

January 31, 2018




Total Net Investment Income

$4,175,237

$4,297,472

$4,535,084

Per Share

$0.15

$0.15

$0.16

Total Net Realized/
 Unrealized Gain (Loss)

$12,235,254

($14,273,226)

($9,768,396)

Per Share

$0.43

($0.50)

($0.34)

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

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

Cision View original content:http://www.prnewswire.com/news-releases/alliancebernstein-national-municipal-income-fund-inc-reports-first-quarter-earnings-300821202.html

SOURCE AllianceBernstein National Municipal Income Fund, Inc.