With respect to the AllianceBernstein National Municipal Income Fund, the distribution rate is $0.05205, which represents a decrease of $0.00315 from the $0.05520 per share previously paid by the Fund. With respect to the Alliance California Municipal Income Fund, the distribution rate is $0.04724, which represents a decrease of $0.00446 from the $0.05170 per share previously paid by the Fund. The decrease is intended to align the Funds monthly distributions with their current and projected earnings power.
The Funds are managed by AllianceBernstein L.P.
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SOURCE AllianceBernstein Closed-End Funds