NEW YORK, March 27, 2020 /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, 2020.
Total net assets of the Fund* on January 31, 2020 were $448,877,397 as compared with $437,837,570 on October 31, 2019, and $414,368,564 on January 31, 2019. On January 31, 2020, the net asset value per share of common stock was $15.62 based on 28,744,936 shares of common stock outstanding.
January 31, 2020 | October 31, 2019 | January 31, 2019 | |
Total Net Assets | $ 448,877,397 | $ 437,837,570 | $414,368,564 |
NAV Per Share | $15.62 | $15.23 | $14.32 |
Shares Outstanding | 28,744,936 | 28,744,936 | 28,744,936 |
For the period November 1, 2019 through January 31, 2020, total net investment income was $4,089,275 or $0.14 per share of common stock. The total net realized and unrealized gain was $10,900,969 or $0.38 per share of common stock for the same period.
First Quarter Ended January 31, 2020 | Fourth Quarter Ended October 31, 2019 | First Quarter Ended January 31, 2019 | |
Total Net Investment Income | $4,089,275 | $3,673,320 | $4,175,237 |
Per Share | $0.14 | $0.13 | $0.15 |
Total Net Realized/ Unrealized Gain | 10,900,969 | 1,910,723 | $12,235,254 |
Per Share | $0.38 | $0.07 | $0.43 |
* 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:http://www.prnewswire.com/news-releases/alliancebernstein-national-municipal-income-fund-inc-reports-first-quarter-earnings-301031113.html
SOURCE AllianceBernstein National Municipal Income Fund, Inc.
