AllianceBernstein National Municipal Income Fund

AllianceBernstein National Municipal Income Fund

AFB
AllianceBernstein National Municipal Income FundUS flagNew York Stock Exchange
10.77
USD
+0.03
(+0.09%)
2.13EPS
5.05P/E
309.58MMarket Cap
AllianceBernstein National Municipal Income Fund
AFB
(New York Stock Exchange)

Recent

price

10.77

P/E

ratio

5.05

div

yld

- -

ROIC.AI

2017
2018
2019
2020
2021
2022
2023
2024
FRC
0.28
-0.43
1.91
0.32
0.98
-3.38
-0.03
2.15
Revenue per Share
0.22
-0.52
1.88
0.3
0.96
-3.39
-0.05
2.13
Basic EPS, GAAP
0.86
0.63
0.56
0.6
0.64
1.21
0.8
0.4
Free Cash Flow per Basic Share
0.69
0.63
0.56
0.6
0.64
0.58
0.48
0.4
Dividend per Share
- -
-0.33
1.18
0.92
1.23
-2.74
-3.75
-1.44
Book Value per Share
11.88
10.72
15.19
15.16
15.24
11.28
12.78
12.55
Tangible Book Value per Share
28
29
29
28
29
29
24
29
Basic Weighted Avg Shares
8
-12
55
9
28
-97
-1
62
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
- -
- -
- -
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
7
-13
55
8
28
-98
-1
61
Net Income, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
Effective Tax Rate (%)
93.32
104.71
99.05
94.72
98.38
100.44
150.19
99.17
Profit Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
Working Capital
26
26
26
26
26
8
- -
44
LT Debt
429
398
438
429
439
324
312
361
Total Equity
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
28.29
90.06
- -
- -
- -
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
No data availableFinancial data will appear here once available

Working Capital

FRC

in mil. unless spec.
No data availableFinancial data will appear here once available

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
-2.76%
15.97%
Free Cash Flow
- -
3.5%
-41.13%
Net Income, GAAP
- -
-1,108.01%
-5,129.1%
Sales/Revenue/Turnover
- -
-1,626.34%
-7,716.15%
Total Cash Common Dividend
- -
-4.91%
-0.48%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
-1
2024
- -
- -
- -
- -
62
2025
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
-0.05
2024
- -
- -
- -
- -
2.13
2025
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
0.48
2024
- -
- -
- -
- -
0.4
2025
- -
- -
- -
- -
- -
Business
AllianceBernstein National Municipal Income Fund, Inc. is a diversified, closed-end management investment company focused on providing high current income exempt from regular federal income tax through investment primarily in municipal bonds. The Fund's portfolio consists mainly of municipal securities that pay interest exempt from federal income tax, with at least 75% of net assets invested in investment-grade bonds and up to 25% in high-yield municipal bonds. It invests across a nationally diversified portfolio with concentrations in sectors such as local and state general obligations, tax-supported bonds, guaranteed bonds, asset-backed securities, and commercial mortgage-backed securities. The Fund also employs a consistent investment process combining quantitative and fundamental research to balance risk and return and manages interest rate risk by targeting intermediate-term bonds. Established in 2001 and headquartered in New York, the Fund operates under the management of AllianceBernstein L.P. Recent major changes include the Fund's strategic financial restructuring involving the redemption of its 2018 Variable Rate MuniFund Term Preferred Shares using proceeds from tender option bond trusts. Additionally, AllianceBernstein expanded its municipal investment offerings by launching state-specific municipal ETFs, such as the California Intermediate Municipal ETF, enhancing its tailored client solutions in the municipal bond market. These moves reflect a focus on leveraging advanced technology and active management to meet evolving investor needs and to maintain a competitive position within the municipal bond sector. The Fund continues to adapt to changing tax legislation risks and market conditions while maintaining its core objective of seeking tax-exempt income for shareholders. This closed-end fund operates primarily within the U.S. municipal bond market and serves institutional and individual investors seeking tax-advantaged fixed income investment opportunities.

Company News

APIChatGPT
  • Balanced Wealth Group LLC Sells 98,717 Shares of AllianceBernstein National Municipal Income Fund, Inc. $AFB

  • ALLIANCEBERNSTEIN CLOSED-END FUNDS ANNOUNCE DISTRIBUTION RATES

  • AllianceBernstein National Municipal Income Fund, Inc. RELEASES MONTHLY PORTFOLIO UPDATE

  • ALLIANCEBERNSTEIN NATIONAL MUNICIPAL INCOME FUND, INC. ANNOUNCES COMPLETION OF FULL REDEMPTION OF 2018 VARIABLE RATE MUNIFUND TERM PREFERRED SHARES AND CREATION OF TENDER OPTION BOND TRUSTS AS SUBSTITUTE LEVERAGE

  • AllianceBernstein National Municipal Income Fund, Inc. RELEASES MONTHLY PORTFOLIO UPDATE

  • ALLIANCEBERNSTEIN CLOSED-END FUNDS ANNOUNCE DISTRIBUTION RATES

  • ALLIANCEBERNSTEIN NATIONAL MUNICIPAL INCOME FUND, INC. ANNOUNCES PLAN FOR FULL REDEMPTION OF 2018 VARIABLE RATE MUNIFUND TERM PREFERRED SHARES AND CREATION OF TENDER OPTION BOND TRUSTS AS SUBSTITUTE LEVERAGE

  • ALLIANCEBERNSTEIN NATIONAL MUNICIPAL INCOME FUND, INC. REPORTS THIRD QUARTER EARNINGS

  • AllianceBernstein National Municipal Income Fund, Inc. RELEASES MONTHLY PORTFOLIO UPDATE

  • ALLIANCEBERNSTEIN CLOSED-END FUNDS ANNOUNCE DISTRIBUTION RATES

  • ALLIANCEBERNSTEIN CLOSED-END FUNDS ANNOUNCE DISTRIBUTION RATES

  • AllianceBernstein National Municipal Income Fund, Inc. RELEASES MONTHLY PORTFOLIO UPDATE

  • AllianceBernstein National Municipal Income Fund, Inc. RELEASES MONTHLY PORTFOLIO UPDATE

  • ALLIANCEBERNSTEIN CLOSED-END FUNDS ANNOUNCE DISTRIBUTION RATES

  • ALLIANCEBERNSTEIN NATIONAL MUNICIPAL INCOME FUND, INC. REPORTS SECOND QUARTER EARNINGS

  • AllianceBernstein National Municipal Income Fund, Inc. Releases Monthly Portfolio Update

  • ALLIANCEBERNSTEIN CLOSED-END FUNDS ANNOUNCE DISTRIBUTION RATES

  • ALLIANCEBERNSTEIN CLOSED-END FUNDS ANNOUNCE DISTRIBUTION RATES

  • AllianceBernstein National Municipal Income Fund, Inc. RELEASES MONTHLY PORTFOLIO UPDATE

  • ALLIANCEBERNSTEIN CLOSED-END FUNDS ANNOUNCE DISTRIBUTION RATES