AllianceBernstein National Municipal Income Fund (NYSE:AFB – Get Free Report) posted its quarterly earnings data on Friday. The investment management company reported $0.16 EPS for the quarter, Zacks reports.
AllianceBernstein National Municipal Income Fund Stock Down 0.1%
Shares of AFB stock traded down $0.01 during trading hours on Friday, reaching $9.76. The company had a trading volume of 437,425 shares, compared to its average volume of 104,353. The business has a fifty day simple moving average of $10.73 and a 200-day simple moving average of $10.92. AllianceBernstein National Municipal Income Fund has a 12 month low of $9.75 and a 12 month high of $11.50.
AllianceBernstein National Municipal Income Fund Dividend Announcement
The business also recently declared a monthly dividend, which will be paid on Friday, October 16th. Shareholders of record on Thursday, October 1st will be paid a dividend of $0.0502 per share. The ex-dividend date is Thursday, October 1st. This represents a $0.60 dividend on an annualized basis and a yield of 6.2%.
AllianceBernstein National Municipal Income Fund Company Profile
AllianceBernstein National Municipal Income Fund is a closed-end investment company listed on the New York Stock Exchange under the symbol AFB. The fund seeks to provide a high level of current income that is exempt from regular U.S. federal income tax.
The fund invests primarily in municipal securities issued by states, municipalities, and other governmental entities across the United States. Its portfolio may include general obligation bonds, revenue bonds, and other tax-exempt debt instruments used to finance public infrastructure and services.
AFB is advised by AllianceBernstein L.P., an investment-management firm that provides portfolio management and research capabilities.
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