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ALLIANCEBERNSTEIN NATIONAL MUNICIPAL INCOME FUND, INC. REPORTS FIRST QUARTER EARNINGS

1. AFB reported total net assets decline to $357.19 million as of January 31, 2025. 2. This shows a decrease from previous quarters, indicating potential fundraising challenges.

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$10.81503/28 04:07 PM EDTEvent Start

$10.8603/31 04:28 PM EDTLatest Updated
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FAQ

Why Bearish?

The decline in net assets reflects a concerning trend, similar to underperforming funds that saw price drops.

How important is it?

Declining net assets are critical for investor confidence and future performance projections.

Why Short Term?

Investors may react quickly to declining asset figures, affecting short-term price.

NEW YORK , March 28, 2025 /PRNewswire/ -- AllianceBernstein National Municipal Income Fund, Inc. (NYSE: AFB), a registered closed‑end investment company, today announced earnings for the Fund's first fiscal quarter ended January 31, 2025. Total net assets of the Fund* on January 31, 2025 were $357,190,362 as compared with $361,430,563 on October 31, 2024, and $364,468,619 on January 31, 2024.

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