AllianceBernstein National Municipal Income Fund, Inc. Reports Second Quarter Earnings
NEW YORK, June 26, 2020 /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, 2020.
Total net assets of the Fund* on April 30, 2020 were $398,667,599 as compared with $448,877,397 on January 31, 2020, and $426,858,609 on April 30, 2019. On April 30, 2020, the net asset value per share of common stock was $13.87 based on 28,744,936 shares of common stock outstanding.
April 30, 2020 |
January 31, 2020 |
April 30, 2019 |
||||
Total Net Assets |
$398,677,599 |
$448,877,397 |
$426,858,609 |
|||
NAV Per Share |
$13.87 |
$15.62 |
$14.75 |
|||
Shares Outstanding |
28,744,936 |
28,744,936 |
28,744,936 |
For the period February 1, 2020 through April 30, 2020, total net investment income was $3,536,783 or $0.12 per share of common stock. The total net realized and unrealized loss was ($44,635,062) or ($1.55) per share of common stock for the same period.
Second Quarter Ended April 30, 2020 |
First Quarter Ended January 31, 2020 |
Second Quarter Ended April 30, 2019 |
||||
Total Net Investment Income |
$3,536,783 |
$4,089,275 |
$3,719,936 |
|||
Per Share |
$0.12 |
$0.14 |
$0.13 |
|||
Total Net Realized/Unrealized Gain (Loss) |
($44,635,062) |
$10,900,969 |
$18,610,684 |
|||
Per Share |
($1.55) |
$0.38 |
$0.65 |
* 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.
Related Links
http://www.alliancebernstein.com
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