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

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  Published in Business and Finance on Monday, March 26th 2012 at 13:16 GMT by Market Wire
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AllianceBernstein National Municipal Income Fund, Inc. Reports First Quarter Earnings -- NEW YORK, March 26, 2012 /PRNewswire/ --

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NEW YORK, March 26, 2012 /PRNewswire/ -- AllianceBernstein National Municipal Income Fund, Inc. (NYSE: [ AFB ]), a registered closed‑end investment company, today announced earnings for the Fund's first fiscal quarter ended January 31, 2012.

Total net assets of the Fund* on January 31, 2012 were $672,304,449 as compared with $651,419,558 on October 31, 2011 and $617,130,700 on January 31, 2011.  On January 31, 2012, the net asset value per share of common stock was $14.98 based on 28,706,677 shares of common stock outstanding.

For the period November 1, 2011 through January 31, 2012, total net investment income was $7,312,369, or $0.25 per share of common stock.  The total net realized and unrealized gain was $17,675,232 or $0.62 per share of common stock for the same period.

* 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.