AllianceBernstein National Municipal Income Fund, Inc. (NYSE:AFB – Get Free Report) announced a monthly dividend on Monday, July 27th. Stockholders of record on Thursday, August 6th will be given a dividend of 0.0502 per share by the investment management company on Friday, August 21st. This represents a c) annualized dividend and a dividend yield of 5.5%. The ex-dividend date is Thursday, August 6th.
AllianceBernstein National Municipal Income Fund Price Performance
Shares of AFB opened at $10.87 on Tuesday. The firm has a 50 day simple moving average of $11.21 and a 200-day simple moving average of $11.01. AllianceBernstein National Municipal Income Fund has a 1-year low of $10.12 and a 1-year high of $11.50.
AllianceBernstein National Municipal Income Fund (NYSE:AFB – Get Free Report) last posted its earnings results on Friday, June 26th. The investment management company reported $0.15 earnings per share (EPS) for the quarter.
About AllianceBernstein National Municipal Income Fund
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.
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