AllianceBernstein National Municipal Income Fund, Inc. Reports First Quarter Earnings
NEW YORK, March 25, 2011 /PRNewswire/ -- AllianceBernstein National Municipal Income Fund, Inc. (NYSE: AFB), a registered closedend investment company, today announced earnings for the Fund's first fiscal quarter ended January 31, 2011.
Total net assets of the Fund* on January 31, 2011 were $617,130,700 as compared with $656,699,238 on October 31, 2010 and $637,764,379 on January 31, 2010. On January 31, 2011, the net asset value per share of common stock was $13.06 based on 28,697,204 shares of common stock outstanding.
January 31, 2011 |
October 31, 2010 |
January 31, 2010 |
||
Total Net Assets |
$617,130,700 |
$656,699,238 |
$637,764,379 |
|
NAV Per Share |
$13.06 |
$14.44 |
$13.79 |
|
Shares Outstanding |
28,697,204 |
28,697,204 |
28,682,544 |
|
For the period November 1, 2010 through January 31, 2011, total net investment income was $7,599,461, or $0.26 per share of common stock. The total net realized and unrealized loss was ($40,851,733) or ($1.43) per share of common stock for the same period.
First Quarter |
Fourth Quarter |
First Quarter |
||
Total Net Investment Income |
$7,599,461 |
$7,521,025 |
$7,816,565 |
|
Per Share |
$0.26 |
$0.26 |
$0.27 |
|
Total Net Realized/ |
($40,851,733) |
$4,925,862 |
$2,240,722 |
|
Per Share |
($1.43) |
$0.17 |
$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.
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article