U.S. Markets closed
  • S&P 500

    4,232.60
    +30.98 (+0.74%)
     
  • Dow 30

    34,777.76
    +229.23 (+0.66%)
     
  • Nasdaq

    13,752.24
    +119.39 (+0.88%)
     
  • Russell 2000

    2,271.63
    +30.21 (+1.35%)
     
  • Crude Oil

    64.82
    +0.11 (+0.17%)
     
  • Gold

    1,832.00
    +16.30 (+0.90%)
     
  • Silver

    27.57
    +0.10 (+0.38%)
     
  • EUR/USD

    1.2168
    +0.0100 (+0.8275%)
     
  • 10-Yr Bond

    1.5770
    +0.0160 (+1.02%)
     
  • Vix

    16.69
    -1.70 (-9.24%)
     
  • GBP/USD

    1.3990
    +0.0097 (+0.6995%)
     
  • USD/JPY

    108.5820
    -0.5030 (-0.4611%)
     
  • BTC-USD

    57,320.54
    +850.96 (+1.51%)
     
  • CMC Crypto 200

    1,480.07
    +44.28 (+3.08%)
     
  • FTSE 100

    7,129.71
    +53.54 (+0.76%)
     
  • Nikkei 225

    29,357.82
    +26.45 (+0.09%)
     

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

  • Oops!
    Something went wrong.
    Please try again later.
·1 min read
  • Oops!
    Something went wrong.
    Please try again later.

NEW YORK, June 26, 2020 /PRNewswire/ -- AllianceBernstein National Municipal Income Fund, Inc. (NYSE: AFB), a registered closed–end investment company, today announced earnings for the Fund's second fiscal quarter ended April 30, 2020.

Total net assets of the Fund* on April 30, 2020 were $398,667,599 as compared with $448,877,397 on January 31, 2020, and $426,858,609 on April 30, 2019. On April 30, 2020, the net asset value per share of common stock was $13.87 based on 28,744,936 shares of common stock outstanding.



April 30, 2020


January 31, 2020


April 30, 2019

Total Net Assets


$398,677,599


$448,877,397


$426,858,609

NAV Per Share


$13.87


$15.62


$14.75

Shares Outstanding


28,744,936


28,744,936


28,744,936

For the period February 1, 2020 through April 30, 2020, total net investment income was $3,536,783 or $0.12 per share of common stock. The total net realized and unrealized loss was ($44,635,062) or ($1.55) per share of common stock for the same period.



Second Quarter

Ended

April 30, 2020


First Quarter

Ended

January 31, 2020


Second Quarter

Ended

April 30, 2019

Total Net Investment Income


$3,536,783


$4,089,275


$3,719,936

Per Share


$0.12


$0.14


$0.13

Total Net Realized/Unrealized Gain (Loss)


($44,635,062)


$10,900,969


$18,610,684

Per Share


($1.55)


$0.38


$0.65


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

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

Cision
Cision

View original content:http://www.prnewswire.com/news-releases/alliancebernstein-national-municipal-income-fund-inc-reports-second-quarter-earnings-301084466.html

SOURCE AllianceBernstein National Municipal Income Fund, Inc.