AllianceBernstein National Municipal Income FundAFB
About: Alliancebernstein National Muni Inc Fd is a diversified, closed-end management investment company. It seeks to provide high current income exempt from regular federal income tax by investing substantially all of its net assets in municipal securities that pay interest that is exempt from federal income tax.
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
120% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 5
7% more funds holding
Funds holding: 83 [Q1] → 89 (+6) [Q2]
1% less capital invested
Capital invested by funds: $184M [Q1] → $182M (-$1.5M) [Q2]
1.12% less ownership
Funds ownership: 58.23% [Q1] → 57.12% (-1.12%) [Q2]
60% less repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 42
Research analyst outlook
We haven’t received any recent analyst ratings for AFB.
Financial journalist opinion
Based on 3 articles about AFB published over the past 30 days