NEW YORK, March 29, 2018 /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, 2018.
Total net assets of the Fund* on January 31, 2018 were $511,596,304 as compared with $521,571,109 on October 31, 2017 and $508,671,475 on January 31, 2017. On January 31, 2018, the net asset value per share of common stock was $14.59 based on 28,744,936 shares of common stock outstanding.
| January 31, 2018 |
October 31, 2017 |
January 31, 2017 |
|
| Total Net Assets |
$511,596,304 |
$521,571,109 |
$508,671,475 |
| NAV Per Share |
$14.59 |
$14.94 |
$14.49 |
| Shares Outstanding |
28,744,936 |
28,744,936 |
28,744,936 |
For the period November 1, 2017 through January 31, 2018, total net investment income was $4,535,084 or $0.16 per share of common stock. The total net realized and unrealized loss was ($9,768,396) or ($0.34) per share of common stock for the same period.
| First Quarter Ended January 31, 2018 |
Fourth Quarter Ended October 31, 2017 |
First Quarter Ended January 31, 2017 |
|
| Total Net Investment |
$4,535,084 |
$4,640,196 |
$4,850,691 |
| Per Share |
$0.16 |
$0.16 |
$0.17 |
| Total Net Realized/ Unrealized Gain (Loss) |
(9,768,396) |
($629,470) |
(24,819,874) |
| Per Share |
($0.34) |
($0.02) |
($0.86) |
* Total net assets include assets attributable to both common and preferred shares.
AllianceBernstein National Municipal Income Fund, Inc. is managed by AllianceBernstein L.P.
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SOURCE AllianceBernstein National Municipal Income Fund, Inc.