AllianceBernstein Nat Muni Inc Stock Price, News & Analysis

AllianceBernstein National Municipal Income Fund (NYSE: AFB) has released its monthly portfolio update as of July 31, 2025, revealing a diverse municipal bond portfolio with $322.75 million in total net assets. The fund maintains significant leverage at 48.58% of gross assets and holds 173 positions.

The portfolio shows strong geographic diversification across 37 states, with Texas (17.67%), Florida (9.34%), and California (8.09%) representing the largest state allocations. Credit quality is concentrated in investment grade bonds, with 70% rated A or higher. The fund's portfolio is heavily weighted toward longer-duration securities, with 80.72% of holdings having maturities exceeding 20 years.

AllianceBernstein has announced dividend distributions for two of its closed-end funds. The AllianceBernstein Global High Income Fund (NYSE: AWF) will distribute $0.0655 per share, while the AllianceBernstein National Municipal Income Fund (NYSE: AFB) will pay $0.03961 per share. Both distributions are classified as investment income and will be paid on August 22, 2025, with an ex-dividend and record date of August 7, 2025.

AllianceBernstein National Municipal Income Fund (NYSE:AFB) has released its monthly portfolio update as of June 30, 2025, revealing a diverse municipal bond portfolio with $331.36 million in total net assets. The fund maintains significant positions in education and transportation infrastructure bonds, with its top holdings including Melissa Independent School District (1.97%) and Commonwealth of Massachusetts bonds (1.93%).

The portfolio demonstrates strong geographical diversification across 37 states, with Texas (16.57%), Florida (8.60%), and Illinois (8.08%) representing the largest state allocations. The fund maintains a high credit quality profile with 71.65% of holdings rated A or better. Notable portfolio characteristics include a 42.35% total leverage ratio, 17.25 years average maturity, and a net asset value of $11.53.

AllianceBernstein National Municipal Income Fund (NYSE: AFB) reported its second quarter fiscal earnings for the period ended April 30, 2025. The fund's total net assets decreased to $337.9 million from $357.2 million in the previous quarter and $350.6 million year-over-year.

The fund's net asset value (NAV) per share declined to $11.76 from $12.43 in the previous quarter. Total net investment income was $3.36 million ($0.12 per share), while the fund recorded a significant net realized and unrealized loss of $19.05 million ($0.66 per share).

AllianceBernstein has announced distribution rates for two of its closed-end funds. The AllianceBernstein Global High Income Fund (NYSE: AWF) will distribute $0.0655 per share, while the AllianceBernstein National Municipal Income Fund (NYSE: AFB) will distribute $0.03961 per share of investment income.

Both distributions are scheduled for payment on July 18, 2025, with ex-date and record date set for July 3, 2025. The funds are managed by AllianceBernstein L.P.

AllianceBernstein National Municipal Income Fund (NYSE: AFB) has released its monthly portfolio update as of May 31, 2025. The fund's portfolio shows significant diversification across municipal bonds with total net assets of $329.67 million and a net asset value of $11.47.

The fund maintains a strong credit quality profile with 72.04% of holdings rated A or higher. Texas leads state allocation at 19.38%, followed by Florida (8.75%) and Illinois (7.88%). The portfolio features 164 holdings with a focus on long-term investments, as 81.27% of bonds have maturities exceeding 20 years. The fund employs significant leverage at 46.17% of gross assets, with an average maturity of 17.42 years and effective duration of 12.06 years.

AllianceBernstein has announced dividend distributions for two of its closed-end funds. The AllianceBernstein Global High Income Fund (AWF) will distribute $0.0655 per share, while the AllianceBernstein National Municipal Income Fund (AFB) will pay $0.03961 per share. Both distributions are classified as investment income and share the same important dates: an ex-date and record date of June 5, 2025, with payment scheduled for June 20, 2025.

AllianceBernstein National Municipal Income Fund (NYSE: AFB) has released its portfolio update as of April 30, 2025. The fund's total net assets stand at $337.84 Million with a NAV of $11.75. The portfolio consists of 156 holdings with a turnover rate of 32%. Key portfolio metrics include an average coupon of 4.47%, average maturity of 15.62 years, and effective duration of 10.87 years. The fund maintains significant geographic diversification with Texas (16%), Florida (10.05%), and Illinois (8.56%) as top state allocations. Credit quality is predominantly investment-grade, with 68.61% rated A or higher. The portfolio shows a strong preference for longer-term bonds, with 77.09% of holdings having maturities exceeding 20 years. The fund employs 46.05% total leverage through various instruments including tender option bonds, VMTP shares, and VRDP shares.

AllianceBernstein has announced distribution rates for its closed-end funds on April 21, 2025. The distributions include:

• AllianceBernstein Global High Income Fund (NYSE: AWF) will distribute $0.0655 per share of investment income
• AllianceBernstein National Municipal Income Fund (NYSE: AFB) will distribute $0.03961 per share of investment income

Both funds have set their ex-date, record date for May 1, 2025, and payment date for May 16, 2025. The funds are managed by AllianceBernstein L.P.