AllianceBernstein National Municipal Income Fund (NYSE:AFB – Get Free Report) posted its quarterly earnings results on Friday. The investment management company reported $0.16 EPS for the quarter, Zacks reports.
AllianceBernstein National Municipal Income Fund Stock Down 0.1%
AFB opened at $9.76 on Friday. AllianceBernstein National Municipal Income Fund has a 12-month low of $9.75 and a 12-month high of $11.50. The business has a 50 day moving average of $10.70 and a 200-day moving average of $10.92.
AllianceBernstein National Municipal Income Fund Dividend Announcement
The firm also recently disclosed a monthly dividend, which will be paid on Friday, October 16th. Stockholders of record on Thursday, October 1st will be given a $0.0502 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 6.2%. The ex-dividend date of this dividend is Thursday, October 1st.
About AllianceBernstein National Municipal Income Fund
AllianceBernstein National Municipal Income Fund is a closed-end investment company listed on the New York Stock Exchange under the symbol AFB. The fund seeks to provide a high level of current income that is exempt from regular U.S. federal income tax.
The fund invests primarily in municipal securities issued by states, municipalities, and other governmental entities across the United States. Its portfolio may include general obligation bonds, revenue bonds, and other tax-exempt debt instruments used to finance public infrastructure and services.
AFB is advised by AllianceBernstein L.P., an investment-management firm that provides portfolio management and research capabilities.
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