City of London Investment Management’s AllianceBernstein National Municipal Income Fund AFB Stock Holding History

City of London Investment Management’s Portfolio AFB Stock Details AFB Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q2	$4.26M	Sell	373,640 -80,000	-18%	-$887K	0.26%	41
2026 Q1	$4.85M	Hold	453,640	–	–	0.35%	36
2025 Q4	$4.91M	Hold	453,640	–	–	0.37%	34
2025 Q3	$4.92M	Hold	453,640	–	–	0.36%	36
2025 Q2	$4.68M	Sell	453,640 -116,062	-20%	-$1.2M	0.43%	30
2025 Q1	$6.19M	Buy	569,702 +21,961	+4%	+$242K	0.66%	26
2024 Q4	$5.95M	Buy	547,741 +72,413	+15%	+$822K	0.59%	24
2024 Q3	$5.61M	Buy	475,328 +251,420	+112%	+$2.87M	0.49%	31
2024 Q2	$2.49M	Buy	+223,908	New	+$2.41M	0.21%	56
2023 Q3	–	Sell	-34,202	Closed	-$368K	–	103
2023 Q2	$368K	Hold	34,202	–	–	0.03%	92
2023 Q1	$374K	Sell	34,202 -43,094	-56%	-$463K	0.03%	92
2022 Q4	$809K	Hold	77,296	–	–	0.07%	79
2022 Q3	$799K	Hold	77,296	–	–	0.07%	82
2022 Q2	$895K	Hold	77,296	–	–	0.06%	73
2022 Q1	$972K	Buy	77,296 +15,526	+25%	+$208K	0.06%	73
2021 Q4	$916K	Hold	61,770	–	–	0.05%	71
2021 Q3	$923K	Sell	61,770 -4,372	-7%	-$65.9K	0.06%	78
2021 Q2	$1.01M	Sell	66,142 -48,804	-42%	-$716K	0.05%	78
2021 Q1	$1.64M	Sell	114,946 -42,000	-27%	-$600K	0.09%	66
2020 Q4	$2.26M	Buy	156,946 +49,654	+46%	+$688K	0.13%	60
2020 Q3	$1.49M	Hold	107,292	–	–	0.11%	71
2020 Q2	$1.44M	Hold	107,292	–	–	0.11%	77
2020 Q1	$1.37M	Buy	107,292 +36,623	+52%	+$501K	0.13%	72
2019 Q4	$990K	Sell	70,669 -55,380	-44%	-$759K	0.07%	74
2019 Q3	$1.73M	Hold	126,049	–	–	0.13%	65
2019 Q2	$1.7M	Buy	126,049 +31,879	+34%	+$418K	0.12%	69
2019 Q1	$1.22M	Buy	94,170 +38,790	+70%	+$492K	0.08%	83
2018 Q4	$673K	Hold	55,380	–	–	0.05%	92
2018 Q3	$685K	Buy	+55,380	New	+$695K	0.05%	82

Other funds holding AFB

KIM

Karpus Investment Management Pittsford, New York $3.48B AUM 10.49% 1-Year Est. Return

Pathstone Holdings Englewood, New Jersey $34.3B AUM 27.35% 1-Year Est. Return

Allspring Global Investments Charlotte, North Carolina $65.2B AUM 39.42% 1-Year Est. Return

RCM

Rivernorth Capital Management West Palm Beach, Florida $2.1B AUM 2.15% 1-Year Est. Return

KeyBank National Association Cleveland, Ohio $30.4B AUM 27.51% 1-Year Est. Return

Morgan Stanley New York $1.89T AUM 35.08% 1-Year Est. Return

AAM

Advisors Asset Management Monument, Colorado $6.56B AUM 35.09% 1-Year Est. Return

Guggenheim Capital Chicago, Illinois $15.9B AUM 53.4% 1-Year Est. Return

HWAM

Hennion & Walsh Asset Management Parsippany, New Jersey $3.5B AUM 41.95% 1-Year Est. Return

SIA

Sit Investment Associates Minneapolis, Minnesota $5.28B AUM 14.42% 1-Year Est. Return

City of London Investment Management's AFB Position: Q2 2026 in Review

City of London Investment Management reduced its AllianceBernstein National Municipal Income Fund (AFB) stake by 18% in Q2 2026, selling an estimated $887K and leaving 373,640 shares worth $4.26M. The position accounts for 0.26% of the portfolio, ranked #41.

City of London Investment Management first reported a position in AFB in Q3 2018 and has held it in 29 quarters since. The position peaked at $6.19M in Q1 2025. 87 funds tracked by Wall St. Rank hold AFB as of Q2 2026.

City of London Investment Management held 373,640 shares of AllianceBernstein National Municipal Income Fund worth $4.26M as of Q2 2026.
City of London Investment Management sold 80,000 AllianceBernstein National Municipal Income Fund shares in Q2 2026, an estimated $887K.
AllianceBernstein National Municipal Income Fund made up 0.26% of City of London Investment Management's portfolio in Q2 2026, its #41 holding.
City of London Investment Management first reported a position in AllianceBernstein National Municipal Income Fund in Q3 2018 and has held it in 29 quarters since.
City of London Investment Management's AllianceBernstein National Municipal Income Fund position peaked at $6.19M in Q1 2025.
87 funds tracked by Wall St. Rank held AllianceBernstein National Municipal Income Fund as of Q2 2026.

Based on City of London Investment Management's 13F filing for Q2 2026, filed 31 Jul 2026.