AllianceBernstein National Municipal Income Fund, Inc. (AFB) To Go Ex-Dividend on April 4th

AllianceBernstein National Municipal Income Fund, Inc. (NYSE:AFBGet Free Report) announced a monthly dividend on Tuesday, March 26th, NASDAQ reports. Stockholders of record on Friday, April 5th will be paid a dividend of 0.0327 per share by the investment management company on Friday, April 19th. This represents a $0.39 dividend on an annualized basis and a dividend yield of 3.60%. The ex-dividend date is Thursday, April 4th.

AllianceBernstein National Municipal Income Fund Stock Down 0.9 %

Shares of NYSE:AFB opened at $10.89 on Tuesday. The company has a 50 day moving average of $10.88 and a 200 day moving average of $10.37. AllianceBernstein National Municipal Income Fund has a 12 month low of $8.95 and a 12 month high of $11.05.

AllianceBernstein National Municipal Income Fund (NYSE:AFBGet Free Report) last released its quarterly earnings results on Friday, March 22nd. The investment management company reported $0.10 EPS for the quarter.

Hedge Funds Weigh In On AllianceBernstein National Municipal Income Fund

Several hedge funds and other institutional investors have recently added to or reduced their stakes in AFB. Pathstone Holdings LLC purchased a new position in AllianceBernstein National Municipal Income Fund in the 4th quarter worth approximately $21,254,000. Logan Stone Capital LLC increased its stake in AllianceBernstein National Municipal Income Fund by 1,123.0% in the fourth quarter. Logan Stone Capital LLC now owns 355,187 shares of the investment management company’s stock valued at $3,722,000 after acquiring an additional 326,145 shares during the last quarter. Wells Fargo & Company MN raised its position in AllianceBernstein National Municipal Income Fund by 24.6% during the second quarter. Wells Fargo & Company MN now owns 766,429 shares of the investment management company’s stock valued at $8,224,000 after purchasing an additional 151,283 shares in the last quarter. Guggenheim Capital LLC lifted its stake in AllianceBernstein National Municipal Income Fund by 51.8% during the first quarter. Guggenheim Capital LLC now owns 327,098 shares of the investment management company’s stock worth $4,119,000 after purchasing an additional 111,574 shares during the last quarter. Finally, Bank of New York Mellon Corp bought a new stake in AllianceBernstein National Municipal Income Fund during the second quarter worth about $825,000.

AllianceBernstein National Municipal Income Fund Company Profile

(Get Free Report)

AllianceBernstein National Municipal Income Fund, Inc is a closed-ended fixed income mutual fund launched and managed by AllianceBernstein L.P. The fund invests in the fixed income markets of the United States. It primarily invests in investment-grade municipal securities which pay interest that is exempt from federal income tax.

See Also

Dividend History for AllianceBernstein National Municipal Income Fund (NYSE:AFB)

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