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

Jun 27, 2014, 16:06 ET from AllianceBernstein National Municipal Income Fund, Inc.

NEW YORK, June 27, 2014 /PRNewswire/ -- AllianceBernstein National Municipal Income Fund, Inc. (NYSE: AFB), a registered closed‑end investment company, today announced earnings for the Fund's second fiscal quarter ended April 30, 2014.

Total net assets of the Fund* on April 30, 2014 were $650,844,200 as compared with $639,746,792 on January 31, 2014 and $676,434,342 on April 30, 2013.  On April 30, 2014, the net asset value per share of common stock was $14.22 based on 28,744,936 shares of common stock outstanding.

 

April 30, 2014

January 31, 2014

April 30, 2013

Total Net Assets

$650,844,200

$639,746,792

$676,434,342

NAV Per Share

$14.22

$13.83

$15.11

Shares Outstanding

28,744,936

28,744,936

28,742,380

For the period February 1, 2014 through April 30, 2014, total net investment income was $5,912,793, or $0.21 per share of common stock.  The total net realized and unrealized gain was $11,527,152 or $0.40 per share of common stock for the same period.

 

Second Quarter Ended April 30, 2014

First Quarter Ended January 31, 2014

Second Quarter Ended April 30, 2013

Total Net Investment Income

$5,912,793

$6,422,542

$5,698,834

Per Share

$0.21

$0.22

$0.20

Total Net Realized/

  Unrealized Gain

$11,527,152

$2,671,862

$174,274

Per Share

$0.40

$0.09

$0.01

* 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.