AllianceBernstein National Municipal Income Fund, Inc. Reports First Quarter Earnings
NEW YORK, March 26, 2021 /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, 2021.
Total net assets of the Fund* on January 31, 2021 were $448,543,964 as compared with $429,461,776 on October 31, 2020, and $448,877,397 on January 31, 2020. On January 31, 2021, the net asset value per share of common stock was $15.60 based on 28,744,936 shares of common stock outstanding.
January 31, 2021 | October 31, 2020 | January 31, 2020 | |
Total Net Assets | $448,543,964 | $429,461,776 | $448,877,397 |
NAV Per Share | $15.60 | $14.94 | $15.62 |
Shares Outstanding | 28,744,936 | 28,744,936 | 28,744,936 |
For the period November 1, 2020 through January 31, 2021, total net investment income was $4,596,447 or $0.16 per share of common stock. The total net realized and unrealized gain was $19,115,976 or $0.67 per share of common stock for the same period.
First Quarter Ended January 31, 2021 | Fourth Quarter Ended October 31, 2020 | First Quarter Ended January 31, 2020 | |
Total Net Investment | $4,596,447 | $4,428,309 | $4,089,275 |
Per Share | $0.16 | $0.15 | $0.14 |
Total Net Realized/ Unrealized Gain (Loss) | $19,115,976 | ($9,000,579) | 10,900,969 |
Per Share | $0.67 | ($0.31) | $0.38 |
* 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.
