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

NEW YORK, March 21, 2014 /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, 2014.

Total net assets of the Fund* on January 31, 2014 were $639,746,792 as compared with $636,999,914 on October 31, 2013 and $677,026,626 on January 31, 2013.  On January 31, 2014, the net asset value per share of common stock was $13.83 based on 28,744,936 shares of common stock outstanding.


January 31, 2014

October 31, 2013

January 31, 2013

Total Net Assets

$639,746,792

$636,999,914

$677,026,626

NAV Per Share

$13.83

$13.73

$15.13

Shares Outstanding

28,744,936

28,744,936

28,736,928

For the period November 1, 2013 through January 31, 2014, total net investment income was $6,422,542, or $0.22 per share of common stock.  The total net realized and unrealized gain was $2,671,862 or $0.09 per share of common stock for the same period.


First Quarter

Ended

January 31, 2014

Fourth Quarter

Ended

October 31, 2013

First Quarter

Ended

January 31, 2013

Total Net Investment Income

$6,422,542

$6,054,427

$5,945,799

Per Share

$0.22

$0.21

$0.21

Total Net Realized/

  Unrealized Gain/(Loss)

$2,671,862

$3,445,354

($2,219,310)

Per Share

$0.09

$0.12

($0.08)

* 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.



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