AllianceBernstein National Municipal Income Fund, Inc. Reports First Quarter Earnings
NEW YORK, March 28, 2016 /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, 2016.
Total net assets of the Fund* on January 31, 2016 were $535,190,756 as compared with $519,651,694 on October 31, 2015 and $680,152,863 on January 31, 2015. On January 31, 2016, the net asset value per share of common stock was $15.41 based on 28,744,936 shares of common stock outstanding.
January 31, 2016 |
October 31, 2015 |
January 31, 2015 |
|
Total Net Assets |
$535,190,756 |
$519,651,694 |
$680,152,863 |
NAV Per Share |
$15.41 |
$14.87 |
$15.23 |
Shares Outstanding |
28,744,936 |
28,744,936 |
28,744,936 |
For the period November 1, 2015 through January 31, 2016, total net investment income was $5,432,666 or $0.19 per share of common stock. The total net realized and unrealized gain was $15,652,542 or $0.54 per share of common stock for the same period.
First Quarter Ended January 31, 2016 |
Fourth Quarter Ended October 31, 2015 |
First Quarter Ended January 31, 2015 |
|
Total Net Investment Income |
$5,432,666 |
$5,448,698 |
$6,072,830 |
Per Share |
$0.19 |
$0.19 |
$0.21 |
Total Net Realized/ Unrealized Gain |
$15,652,542 |
$3,838,672 |
$13,133,205 |
Per Share |
$0.54 |
$0.13 |
$0.46 |
* 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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