AllianceBernstein National Municipal Income Fund, Inc. (AFB) To Go Ex-Dividend on April 2nd

AllianceBernstein National Municipal Income Fund, Inc. (NYSE:AFB) announced a monthly dividend on Monday, March 23rd. Investors of record on Thursday, April 2nd will be given a dividend of 0.0502 per share by the investment management company on Friday, April 17th. This represents a c) dividend on an annualized basis and a yield of 5.7%. The ex-dividend date of this dividend is Thursday, April 2nd.

AllianceBernstein National Municipal Income Fund Stock Performance

Shares of AFB stock opened at $10.50 on Wednesday. The company has a 50 day moving average of $10.92 and a 200-day moving average of $10.88. AllianceBernstein National Municipal Income Fund has a 12-month low of $9.78 and a 12-month high of $11.13.

AllianceBernstein National Municipal Income Fund (NYSE:AFB) last announced its quarterly earnings data on Friday, December 26th. The investment management company reported $0.13 earnings per share for the quarter.

Institutional Trading of AllianceBernstein National Municipal Income Fund

Several hedge funds and other institutional investors have recently modified their holdings of the business. Financially in Tune LLC bought a new position in AllianceBernstein National Municipal Income Fund in the 4th quarter worth approximately $234,000. Readystate Asset Management LP purchased a new stake in shares of AllianceBernstein National Municipal Income Fund during the fourth quarter worth $119,000. Rivernorth Capital Management LLC lifted its position in shares of AllianceBernstein National Municipal Income Fund by 2.5% during the fourth quarter. Rivernorth Capital Management LLC now owns 1,039,845 shares of the investment management company’s stock worth $11,251,000 after acquiring an additional 25,688 shares in the last quarter. Evolve Private Wealth LLC bought a new position in shares of AllianceBernstein National Municipal Income Fund in the fourth quarter worth $296,000. Finally, Balyasny Asset Management L.P. purchased a new position in shares of AllianceBernstein National Municipal Income Fund in the fourth quarter valued at $1,017,000.

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.