/C O R R E C T I O N -- AllianceBernstein National Municipal Income Fund, Inc./

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AllianceBernstein National Municipal Income Fund (NYSE: AFB) has released its first quarter earnings report for the fiscal quarter ended January 31, 2025. The fund reported total net assets of $357,190,362, showing a decrease from $361,430,563 on October 31, 2024, and $364,468,619 on January 31, 2024.

The fund's net asset value per share was $12.43 based on 28,744,936 outstanding common stock shares. For the period from November 1, 2024, through January 31, 2025, the fund recorded total net investment income of $3,560,640 ($0.12 per share), while experiencing a total net realized and unrealized loss of $4,385,081 ($0.15 per share).

In the news release, ALLIANCEBERNSTEIN NATIONAL MUNICIPAL INCOME FUND, INC. REPORTS FIRST QUARTER EARNINGS, issued 28-Mar-2025 by AllianceBernstein National Municipal Income Fund, Inc. over PR Newswire, we are advised by the company that the release has been revised. The complete, corrected release follows:

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

NEW YORK, March 28, 2025 /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, 2025.

Total net assets of the Fund* on January 31, 2025 were $357,190,362 as compared with $361,430,563 on October 31, 2024, and $364,468,619 on January 31, 2024. On January 31, 2025, the net asset value per share of common stock was $12.43 based on 28,744,936 shares of common stock outstanding.

	January 31, 2025	October 31, 2024	January 31, 2024
Total Net Assets	$357,190,362	$361,430,563	$364,468,619
NAV Per Share	$12.43	$12.57	$12.68
Shares Outstanding	28,744,936	28,744,936	28,744,936

For the period November 1, 2024 through January 31, 2025, total net investment income was $3,560,640 or $0.12 per share of common stock. The total net realized and unrealized loss was $4,385,081 or $0.15 per share of common stock for the same period.

	First Quarter Ended January 31, 2025	Fourth Quarter Ended October 31, 2024	First Quarter Ended January 31, 2024
Total Net Investment Income	$3,560,640	$2,985,301	$2,897,982
Per Share	$0.12	$0.10	$0.10
Total Net Realized/   Unrealized Gain (Loss)	($4,385,081)	($2,015,971)	$52,736,537
Per Share	($0.15)	($0.07)	$1.83

* 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:https://www.prnewswire.com/news-releases/alliancebernstein-national-municipal-income-fund-inc-reports-first-quarter-earnings-302414527.html

SOURCE AllianceBernstein National Municipal Income Fund, Inc.

FAQ

What are AllianceBernstein Municipal Fund's (AFB) total net assets as of January 31, 2025?

AFB's total net assets were $357,190,362 as of January 31, 2025.

How much did AFB's net assets decline between October 2024 and January 2025?

AFB's net assets decreased by $4,240,201, from $361,430,563 in October 2024 to $357,190,362 in January 2025.

What is the net asset value per share for AFB in Q1 2025?

AFB's net asset value per share was $12.43 based on 28,744,936 shares of common stock outstanding.

What was AFB's net investment income per share for Q1 2025?

AFB reported net investment income of $0.12 per share ($3,560,640 total) for Q1 2025.

How much net realized and unrealized loss did AFB report in Q1 2025?

AFB reported a total net realized and unrealized loss of $4,385,081 ($0.15 per share) for Q1 2025.