AllianceBernstein National Municipal Income Fund, Inc. Reports Second Quarter Earnings
NEW YORK, June 24, 2011 /PRNewswire/ -- AllianceBernstein National Municipal Income Fund, Inc. (NYSE: AFB), a registered closedend investment company, today announced earnings for the Fund's second fiscal quarter ended April 30, 2011.
Total net assets of the Fund* on April 30, 2011 were $628,668,403 as compared with $617,130,700 on January 31, 2011 and $645,679,415 on April 30, 2010. On April 30, 2011, the net asset value per share of common stock was $13.47 based on 28,697,204 shares of common stock outstanding.
April 30, 2011 |
January 31, 2011 |
April 30, 2010 |
||
Total Net Assets |
$628,668,403 |
$617,130,700 |
$645,679,415 |
|
NAV Per Share |
$13.47 |
$13.06 |
$14.06 |
|
Shares Outstanding |
28,697,204 |
28,697,204 |
28,688,927 |
|
For the period February 1, 2011 through April 30, 2011, total net investment income was $7,428,835, or $0.26 per share of common stock. The total net realized and unrealized gain was $14,439,978 or $0.50 per share of common stock for the same period.
Second quarter Ended April 30, 2011 |
First quarter Ended January 31, 2011 |
Second quarter Ended April 30, 2010 |
||
Total Net Investment Income |
$7,428,835 |
$7,599,461 |
$7,722,246 |
|
Per Share |
$0.26 |
$0.26 |
$0.27 |
|
Total Net Realized/ Unrealized Gain/(Loss) |
$14,439,978 |
($40,851,733) |
$7,000,491 |
|
Per Share |
$0.50 |
($1.43) |
$0.24 |
|
* 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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