NEW YORK, Dec. 24, 2020 /PRNewswire/ -- AllianceBernstein National Municipal Income Fund, Inc. AFB, a registered closed–end investment company, today announced earnings for the Fund's fourth fiscal quarter ended October 31, 2020.
Total net assets of the Fund* on October 31, 2020 were $429,461,776 as compared with $438,626,913 on July 31, 2020, and $437,837,570 on October 31, 2019. On October 31, 2020, the net asset value per share of common stock was $14.94 based on 28,744,936 shares of common stock outstanding.
October 31, 2020 | July 31, 2020 | October 31, 2019 | |
Total Net Assets | $429,461,776 | $438,626,913 | $437,837,570 |
NAV Per Share | $14.94 | $15.26 | $15.23 |
Shares Outstanding | 28,744,936 | 28,744,936 | 28,744,936 |
For the period August 1, 2020 through October 31, 2020, total net investment income was $4,428,309 or $0.15 per share of common stock. The total net realized and unrealized loss was ($9,000,579) or ($0.31) per share of common stock for the same period.
Fourth Quarter Ended October 31, 2020 | Third Quarter Ended July 31, 2020 | Fourth Quarter Ended October 31, 2019 | |
Total Net Investment Income | $4,428,309 | $4,698,453 | $3,673,320 |
Per Share | $0.15 | $0.16 | $0.13 |
Total Net Realized/ Unrealized Gain (Loss) | ($9,000,579) | $39,629,577 | 1,910,723 |
Per Share | ($0.31) | $1.38 | $0.07 |
* Total net assets include assets attributable to both common and preferred shares.
AllianceBernstein National Municipal Income Fund, Inc. is managed by AllianceBernstein L.P.
View original content:http://www.prnewswire.com/news-releases/alliancebernstein-national-municipal-income-fund-inc-reports-fourth-quarter-earnings-301198448.html
SOURCE AllianceBernstein National Municipal Income Fund, Inc.
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