AllianceBernstein National Municipal Income Fund, Inc. Reports First Quarter Earnings

NEW YORK, March 31, 2017 /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, 2017.

Total net assets of the Fund* on January 31, 2017 were $508,671,475 as compared with $533,638,507 on October 31, 2016 and $535,190,756 on January 31, 2016.  On January 31, 2017, the net asset value per share of common stock was $14.49 based on 28,744,936 shares of common stock outstanding.


January 31, 2017

October 31, 2016

January 31, 2016

Total Net Assets

$508,671,475

$533,638,507

$535,190,756

NAV Per Share

$14.49

$15.36

$15.41

Shares Outstanding

28,744,936

28,744,936

28,744,936

 

For the period November 1, 2016 through January 31, 2017, total net investment income was $4,850,691 or $0.17 per share of common stock.  The total net realized and unrealized loss was $(24,819,874) or ($0.86) per share of common stock for the same period.


First Quarter
Ended
January 31, 2017

Fourth Quarter

Ended

October 31, 2016

First Quarter

Ended

January 31, 2016

Total Net Investment 
 Income

$4,850,691

$4,799,932

$5,432,666

Per Share

$0.17

$0.17

$0.19

Total Net Realized/

  Unrealized Gain (Loss)

(24,819,874)

($15,463,872)

$15,652,542

Per Share

($0.86)

($0.54)

$0.54

 

* Total net assets include assets attributable to both common and preferred shares.

AllianceBernstein National Municipal Income Fund, Inc. is managed by AllianceBernstein L.P.

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/alliancebernstein-national-municipal-income-fund-inc-reports-first-quarter-earnings-300432825.html

SOURCE AllianceBernstein National Municipal Income Fund, Inc.

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