KIM
AFB

Karpus Investment Management’s AllianceBernstein National Municipal Income Fund AFB Stock Holding History

Karpus 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 		$41.1M Buy
3,603,262
+1,050,144
+41% +$11.6M 1.18% 21
2026
Q1 		$27.3M Buy
2,553,118
+1,013,420
+66% +$11M 0.85% 25
2025
Q4 		$16.7M Buy
1,539,698
+257,864
+20% +$2.8M 0.51% 53
2025
Q3 		$13.9M Buy
1,281,834
+136,847
+12% +$1.42M 0.44% 61
2025
Q2 		$11.8M Buy
1,144,987
+426,910
+59% +$4.4M 0.38% 71
2025
Q1 		$7.8M Buy
718,077
+543,701
+312% +$5.99M 0.25% 100
2024
Q4 		$1.9M Sell
174,376
-17,400
-9% -$197K 0.06% 162
2024
Q3 		$2.26M Sell
191,776
-5,198
-3% -$59.2K 0.06% 164
2024
Q2 		$2.19M Sell
196,974
-6,980
-3% -$75.2K 0.06% 159
2024
Q1 		$2.24M Sell
203,954
-1,700
-0.8% -$18.5K 0.06% 162
2023
Q4 		$2.23M Sell
205,654
-8,434
-4% -$83.9K 0.07% 161
2023
Q3 		$2M Sell
214,088
-807,578
-79% -$8.35M 0.07% 172
2023
Q2 		$11M Sell
1,021,666
-28,425
-3% -$301K 0.34% 64
2023
Q1 		$11.5M Buy
1,050,091
+229,302
+28% +$2.47M 0.36% 62
2022
Q4 		$8.6M Buy
820,789
+758,881
+1,226% +$7.93M 0.29% 82
2022
Q3 		$641K Buy
+61,908
New +$716K 0.02% 373
2021
Q3 		– Sell
-17,477
Closed -$266K – 298
2021
Q2 		$266K Buy
+17,477
New +$256K 0.01% 270
2021
Q1 		– Sell
-111,667
Closed -$1.61M – 304
2020
Q4 		$1.61M Sell
111,667
-42,728
-28% -$592K 0.05% 163
2020
Q3 		$2.15M Buy
154,395
+14,477
+10% +$199K 0.08% 136
2020
Q2 		$1.87M Sell
139,918
-59,069
-30% -$764K 0.07% 129
2020
Q1 		$2.54M Sell
198,987
-17,454
-8% -$239K 0.1% 124
2019
Q4 		$3.03M Sell
216,441
-23,850
-10% -$327K 0.1% 118
2019
Q3 		$3.31M Sell
240,291
-2,500
-1% -$34.2K 0.13% 115
2019
Q2 		$3.27M Buy
242,791
+350
+0.1% +$4.59K 0.12% 113
2019
Q1 		$3.14M Sell
242,441
-7,000
-3% -$88.7K 0.11% 118
2018
Q4 		$3.03M Sell
249,441
-94,400
-27% -$1.13M 0.13% 117
2018
Q3 		$4.26M Sell
343,841
-1,500
-0.4% -$18.8K 0.17% 90
2018
Q2 		$4.34M Buy
345,341
+14,630
+4% +$184K 0.19% 76
2018
Q1 		$4.14M Sell
330,711
-30,552
-8% -$392K 0.19% 80
2017
Q4 		$4.84M Sell
361,263
-1,076
-0.3% -$14.7K 0.22% 74
2017
Q3 		$5.06M Sell
362,339
-80,392
-18% -$1.12M 0.26% 71
2017
Q2 		$6.06M Sell
442,731
-215,933
-33% -$2.94M 0.31% 69
2017
Q1 		$8.81M Buy
658,664
+299,094
+83% +$3.99M 0.46% 63
2016
Q4 		$4.75M Sell
359,570
-29,463
-8% -$401K 0.27% 86
2016
Q3 		$5.73M Sell
389,033
-17,429
-4% -$258K 0.3% 82
2016
Q2 		$6.13M Sell
406,462
-407,179
-50% -$6.03M 0.31% 79
2016
Q1 		$11.8M Sell
813,641
-200
-0% -$2.82K 0.53% 65
2015
Q4 		$11.2M Buy
813,841
+311,463
+62% +$4.2M 0.5% 61
2015
Q3 		$6.68M Buy
502,378
+81,699
+19% +$1.08M 0.31% 86
2015
Q2 		$5.56M Buy
+420,679
New +$5.64M 0.26% 87

Other funds holding AFB

Pathstone Holdings
Pathstone Holdings Englewood, New Jersey $34.3B AUM 27.35% 1-Year Est. Return
Allspring Global Investments
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
KeyBank National Association Cleveland, Ohio $30.4B AUM 27.51% 1-Year Est. Return
Morgan Stanley
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
GC
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
Wells Fargo
Wells Fargo San Francisco, California $617B AUM 30.33% 1-Year Est. Return

Karpus Investment Management's AFB Position: Q2 2026 in Review

Karpus Investment Management increased its AllianceBernstein National Municipal Income Fund (AFB) stake by 41% in Q2 2026, buying an estimated $11.6M and bringing the position to 3,603,262 shares worth $41.1M. The position accounts for 1.18% of the portfolio, ranked #21.

Karpus Investment Management first reported a position in AFB in Q2 2015 and has held it in 40 quarters since. 87 funds tracked by Wall St. Rank hold AFB as of Q2 2026.

  • Karpus Investment Management held 3,603,262 shares of AllianceBernstein National Municipal Income Fund worth $41.1M as of Q2 2026.
  • Karpus Investment Management bought 1,050,144 AllianceBernstein National Municipal Income Fund shares in Q2 2026, an estimated $11.6M.
  • AllianceBernstein National Municipal Income Fund made up 1.18% of Karpus Investment Management's portfolio in Q2 2026, its #21 holding.
  • Karpus Investment Management first reported a position in AllianceBernstein National Municipal Income Fund in Q2 2015 and has held it in 40 quarters since.
  • 87 funds tracked by Wall St. Rank held AllianceBernstein National Municipal Income Fund as of Q2 2026.

Based on Karpus Investment Management's 13F filing for Q2 2026, filed 14 Aug 2026.