AllianceBernstein National Municipal Income Fund, Inc. Reports Fourth Quarter Earnings
Dec 24, 2020, 16:06 ET
NEW YORK, Dec. 24, 2020 /PRNewswire/ -- AllianceBernstein National Municipal Income Fund, Inc. (NYSE: AFB), a registered closed–end investment company, today announced earnings for the Fund's fourth fiscal quarter ended October 31, 2020.
Total net assets of the Fund* on October 31, 2020 were $429,461,776 as compared with $438,626,913 on July 31, 2020, and $437,837,570 on October 31, 2019. On October 31, 2020, the net asset value per share of common stock was $14.94 based on 28,744,936 shares of common stock outstanding.
October 31, 2020 |
July 31, 2020 |
October 31, 2019 |
|
Total Net Assets |
$429,461,776 |
$438,626,913 |
$437,837,570 |
NAV Per Share |
$14.94 |
$15.26 |
$15.23 |
Shares Outstanding |
28,744,936 |
28,744,936 |
28,744,936 |
For the period August 1, 2020 through October 31, 2020, total net investment income was $4,428,309 or $0.15 per share of common stock. The total net realized and unrealized loss was ($9,000,579) or ($0.31) per share of common stock for the same period.
Fourth Quarter Ended October 31, 2020 |
Third Quarter Ended July 31, 2020 |
Fourth Quarter Ended October 31, 2019 |
|
Total Net Investment Income |
$4,428,309 |
$4,698,453 |
$3,673,320 |
Per Share |
$0.15 |
$0.16 |
$0.13 |
Total Net Realized/ Unrealized Gain (Loss) |
($9,000,579) |
$39,629,577 |
1,910,723 |
Per Share |
($0.31) |
$1.38 |
$0.07 |
* Total net assets include assets attributable to both common and preferred shares.
AllianceBernstein National Municipal Income Fund, Inc. is managed by AllianceBernstein L.P.
SOURCE AllianceBernstein National Municipal Income Fund, Inc.
