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


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AllianceBernstein National Municipal Income Fund, Inc. Reports First Quarter Earnings -- NEW YORK, March 26, 2012 /PRNewswire/ --

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

[ ]

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.

 

January 31, 2012

October 31, 2011

January 31, 2011

Total Net Assets

$672,304,449

$651,419,558

$617,130,700

NAV Per Share

$14.98

$14.26

$13.06

Shares Outstanding

28,706,677

28,697,204

28,697,204

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.

 

First quarter

Ended

January 31, 2012

Fourth quarter

Ended

October 31, 2011

First Quarter

Ended

January 31, 2011

Total Net Investment Income

 

$7,312,369

 

$7,424,463

 

$7,599,461

Per Share

$0.25

$0.26

$0.26

Total Net Realized/

  Unrealized Gain/(Loss)

 

$17,675,232

 

$5,657,073

 

($40,851,733)

Per Share

$0.62

$0.20

($1.43)

* 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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