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AllianceBernstein National Municipal Income Fund, Inc. Reports Fourth Quarter Earnings
AllianceBernstein National Municipal Income Fund, Inc. Reports Fourth Quarter Earnings -- NEW YORK, Dec. 30, 2011 /PRNewswire/ --
AllianceBernstein National Municipal Income Fund, Inc. Reports Fourth Quarter Earnings
NEW YORK, Dec. 30, 2011 /PRNewswire/ -- AllianceBernstein National Municipal Income Fund, Inc. (NYSE: [ AFB ]), a registered closed‑end investment company, today announced earnings for the Fund's fourth fiscal quarter ended October 31, 2011.
Total net assets of the Fund* on October 31, 2011 were $651,419,558 as compared with $642,356,307 on July 31, 2011 and $656,699,238 on October 31, 2010. On October 31, 2011, the net asset value per share of common stock was $14.26 based on 28,697,204 shares of common stock outstanding.
| October 31, 2011 | July 31, 2011 | October 31, 2010 |
Total Net Assets | $651,419,558 | $642,356,307 | $656,699,238 |
NAV Per Share | $14.26 | $13.94 | $14.44 |
Shares Outstanding | 28,697,204 | 28,697,204 | 28,697,204 |
For the period August 1, 2011 through October 31, 2011, total net investment income was $7,424,463, or $0.26 per share of common stock. The total net realized and unrealized gain was $5,657,073 or $0.20 per share of common stock for the same period.
| Fourth quarter Ended October 31, 2011 | Third quarter Ended July 31, 2011 | Fourth Quarter Ended October 31, 2010 |
Total Net Investment Income |
$7,424,463 |
$7,522,810 |
$7,521,025 |
Per Share | $0.26 | $0.26 | $0.26 |
Total Net Realized/ Unrealized Gain |
$5,657,073 |
$12,977,054 |
$4,925,862 |
Per Share | $0.20 | $0.45 | $0.17 |
* 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.
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