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 first fiscal quarter earnings report for the period ended January 31, 2025. The Fund's total net assets decreased to $357.19 million, down from $361.43 million in October 2024 and $364.47 million in January 2024.
The Fund reported a net asset value of $12.43 per share based on 28,744,936 outstanding common stock shares. For Q1 FY2025, the Fund generated total net investment income of $3.56 million ($0.12 per share), while experiencing a total net realized and unrealized loss of $4.39 million ($0.15 per share).
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).
AllianceBernstein Closed-End Funds has announced their distribution rates on March 24, 2025. The funds, which are managed by AllianceBernstein L.P., made this declaration through an official announcement. However, specific distribution rates and affected funds were not detailed in the release.
AllianceBernstein National Municipal Income Fund (NYSE: AFB) has announced the release of its monthly portfolio update as of February 28, 2025. The announcement was made on March 24, 2025 in New York, providing investors with the latest information about the Fund's portfolio composition and performance.
AllianceBernstein Closed-End Funds has announced their distribution rates on February 24, 2025. The funds are under the management of AllianceBernstein L.P. However, the specific distribution rates and details were not disclosed in the press release.
AllianceBernstein National Municipal Income Fund (NYSE: AFB) has released its monthly portfolio update for the period ending January 31, 2025. The update was announced on February 24, 2025, providing investors with the latest information about the Fund's portfolio composition and performance.
AllianceBernstein has announced distribution rates for its closed-end funds. The AllianceBernstein Global High Income Fund (NYSE: AWF) will distribute $0.0655 per share of investment income, while the AllianceBernstein National Municipal Income Fund (NYSE: AFB) will distribute $0.03961 per share of investment income.
Both funds share the same important dates: an ex-date and record date of February 6, 2025, with a payment date set for February 21, 2025. The funds are managed by AllianceBernstein L.P.
AllianceBernstein National Municipal Income Fund (NYSE: AFB) has released its monthly portfolio update as of December 31, 2024. The fund's total net assets stand at $358.53 Million, with a common stock net asset value of $12.47.
The portfolio shows significant diversification across states, with Texas leading at 19.24%, followed by Illinois (7.89%) and New York (7.51%). In terms of credit quality, the majority of holdings are in AA (27.70%) and A (25.86%) rated securities. The fund maintains a strong focus on longer-term investments, with 59.18% of bonds having 20-30 year maturities.
The fund's top holding is Lamar Consolidated Independent School District Series 2024-2 at 2.72%. The portfolio leveraging stands at 39.75%, including 7.52% in Tender Option Bonds, 15.11% in VMTP Shares, and 17.12% in VRDP Shares. The fund maintains 166 total holdings with a portfolio turnover of 32.00%.
AllianceBernstein National Municipal Income Fund (NYSE: AFB) has released its Q4 2024 earnings report. The Fund's total net assets reached $361.43 million as of October 31, 2024, showing an increase from $311.65 million year-over-year but a slight decrease from $363.57 million in the previous quarter. The net asset value (NAV) per share was $12.57, up from $10.84 in the previous year.
For Q4 2024, the Fund reported total net investment income of $2.99 million ($0.10 per share), compared to $2.74 million ($0.10 per share) in Q4 2023. However, the Fund experienced a total net realized and unrealized loss of $2.02 million ($0.07 per share), which contrasts with a gain of $12.75 million in the previous quarter.
AllianceBernstein has announced distribution rates for 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 distribute $0.03961 per share of investment income. Both distributions share the same schedule: an ex-date and record date of January 2, 2025, with payment scheduled for January 17, 2025. The funds are managed by AllianceBernstein L.P.