AllianceBernstein National Municipal Income Fund (NYSE:AFB) Director Acquires $27,400.00 in Stock

Posted by Stanley Muller on May 30th, 2026

AllianceBernstein National Municipal Income Fund, Inc. (NYSE:AFB – Get Free Report) Director R Jay Gerken purchased 2,500 shares of the firm’s stock in a transaction dated Friday, May 22nd. The stock was purchased at an average cost of $10.96 per share, for a total transaction of $27,400.00. Following the acquisition, the director owned 2,500 shares of the company’s stock, valued at approximately $27,400. This trade represents a ∞ increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

AllianceBernstein National Municipal Income Fund Stock Down 0.1%

AllianceBernstein National Municipal Income Fund stock opened at $11.18 on Friday. AllianceBernstein National Municipal Income Fund, Inc. has a fifty-two week low of $10.05 and a fifty-two week high of $11.25. The firm’s fifty day moving average price is $10.89 and its 200-day moving average price is $10.89.

AllianceBernstein National Municipal Income Fund (NYSE:AFB – Get Free Report) last released its quarterly earnings results on Friday, March 27th. The investment management company reported $0.17 earnings per share for the quarter.

AllianceBernstein National Municipal Income Fund Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Friday, June 26th. Investors of record on Thursday, June 4th will be given a $0.0502 dividend. The ex-dividend date is Thursday, June 4th. This represents a c) annualized dividend and a yield of 5.4%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Arete Wealth Advisors LLC grew its position in AllianceBernstein National Municipal Income Fund by 80.6% in the first quarter. Arete Wealth Advisors LLC now owns 34,137 shares of the investment management company’s stock worth $363,000 after acquiring an additional 15,235 shares in the last quarter. Bank of America Corp DE grew its position in AllianceBernstein National Municipal Income Fund by 18.0% in the first quarter. Bank of America Corp DE now owns 66,506 shares of the investment management company’s stock worth $711,000 after acquiring an additional 10,126 shares in the last quarter. Rivernorth Capital Management LLC grew its position in AllianceBernstein National Municipal Income Fund by 2.1% in the first quarter. Rivernorth Capital Management LLC now owns 1,061,484 shares of the investment management company’s stock worth $11,347,000 after acquiring an additional 21,639 shares in the last quarter. Petra Financial Advisors Inc. purchased a new position in AllianceBernstein National Municipal Income Fund in the first quarter worth $570,000. Finally, Allspring Global Investments Holdings LLC grew its position in AllianceBernstein National Municipal Income Fund by 2.2% in the first quarter. Allspring Global Investments Holdings LLC now owns 1,464,577 shares of the investment management company’s stock worth $15,656,000 after acquiring an additional 31,831 shares in the last quarter.

About AllianceBernstein National Municipal Income Fund

(Get Free Report)

AllianceBernstein National Municipal Income Fund (NYSE: AFB) is a closed-end management investment company that primarily seeks to provide shareholders with a high level of federally tax-exempt income. The fund invests predominantly in a diversified portfolio of investment-grade municipal securities issued by U.S. state and local governments, authorities and agencies. These instruments include general obligation bonds, revenue bonds and other municipal debt obligations that offer tax-advantaged income potential for investors.

Under the management of AllianceBernstein L.P., the fund’s portfolio is constructed and monitored by a dedicated team of municipal credit analysts and portfolio managers.