Welcome to our dedicated page for AllianceBernstein Nat Muni news (Ticker: AFB), a resource for investors and traders seeking the latest updates and insights on AllianceBernstein Nat Muni stock.
Alliance National Municipal Income Fund, Inc. (NYSE: AFB), also referred to as AllianceBernstein National Municipal Income Fund, Inc., is a registered closed‑end investment company that regularly issues detailed earnings and capital structure updates. The fund is managed by AllianceBernstein L.P. and focuses on municipal income, with an investment objective described as seeking high current income exempt from regular federal income tax through investment in municipal securities that pay interest exempt from federal income tax.
The news flow for AFB prominently features quarterly earnings announcements. These releases summarize total net assets, net asset value (NAV) per share of common stock, total net investment income, and total net realized and unrealized gains or losses for each fiscal quarter. They also clarify that total net assets include assets attributable to both common and preferred shares, giving investors a structured view of the fund’s financial position over time.
Another recurring theme in AFB’s news is information about its leverage and capital structure. Recent press releases have described the fund’s plan to redeem all of its outstanding 2018 Variable Rate MuniFund Term Preferred Shares and the subsequent completion of that full redemption. The fund has explained that it used proceeds from the creation of tender option bond ("TOB") trusts to carry out this redemption and that the TOB trusts serve as substitute leverage.
On this news page, readers can review these types of announcements, including earnings updates and disclosures about preferred share redemptions and TOB trusts. For investors following municipal bond funds and tax‑exempt income strategies, AFB’s news provides insight into how the fund reports its results and manages its leverage framework over time.
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 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.
AllianceBernstein National Municipal Income Fund (NYSE: AFB) has released its March 31, 2025 portfolio update, revealing a total net assets of $346.67 Million. The fund's portfolio shows significant diversification across municipal bonds with Texas (17.19%), Illinois (8.19%), and Florida (7.83%) as top state allocations.
The portfolio maintains strong credit quality with 71.13% of holdings rated A or higher. The fund's structure includes 41.63% total leverage, comprising various instruments including VRDP Shares (17.78%) and VMTP Shares (15.69%). The portfolio contains 159 holdings with an average coupon of 4.48% and effective duration of 10.01 years.
Notable sector concentrations include Health Care - Not-for-Profit (12.36%), Local G.O. (12.19%), and Revenue - Miscellaneous (8.49%). The majority of bonds (61.36%) have maturities between 20-30 years.