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

Jun 25, 2010, 16:06 ET from AllianceBernstein National Municipal Income Fund, Inc.

NEW YORK, June 25 /PRNewswire-FirstCall/ -- AllianceBernstein National Municipal Income Fund, Inc. (NYSE: AFB), a registered closedend investment company, today announced earnings for the Fund's second fiscal quarter ended April 30, 2010.

Total net assets of the Fund* on April 30, 2010 were $645,679,415, as compared with $637,764,379 on January 31, 2010 and $598,990,456 on April 30, 2009.  On April 30, 2010, the net asset value per share of common stock was $14.06 based on 28,688,927 shares of common stock outstanding.

April 30, 2010

January 31, 2010

April 30, 2009

Total Net Assets

$645,679,415

$637,764,379

$598,990,456

NAV Per Share

$14.06

$13.79

$12.45

Shares Outstanding

28,688,927

28,682,544

28,656,080

For the period February 1, 2010 through April 30, 2010, total net investment income was $7,722,246, or $0.27 per share of common stock.  The total net realized and unrealized gain was $7,000,491 or $0.24 per share of common stock for the same period.

Second Quarter Ended April 30, 2010

First Quarter Ended January 31, 2010

Second Quarter Ended April 30, 2009

Total Net Investment Income

$7,722,246

$7,816,565

$7,579,616

Per Share

$0.27

$0.27

$0.26

Total Net Realized/ Unrealized Gain/(Loss)

$7,000,491

$2,240,722

$20,335,348

Per Share

$0.24

$0.08

$0.71

* 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.