SCM
AFB

Saba Capital Management’s AllianceBernstein National Municipal Income Fund AFB Stock Holding History

Saba Capital 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
Q1 		$4.91M Sell
459,321
-2,300,935
-83% -$25.1M 0.14% 121
2025
Q4 		$29.9M Sell
2,760,256
-321,043
-10% -$3.49M 0.89% 23
2025
Q3 		$33.4M Sell
3,081,299
-67,721
-2% -$704K 0.91% 24
2025
Q2 		$32.5M Hold
3,149,020
– – 0.76% 31
2025
Q1 		$34.2M Hold
3,149,020
– – 0.92% 22
2024
Q4 		$34.2M Hold
3,149,020
– – 0.8% 27
2024
Q3 		$37.2M Hold
3,149,020
– – 0.77% 27
2024
Q2 		$35M Buy
3,149,020
+546,516
+21% +$5.89M 0.58% 27
2024
Q1 		$28.6M Buy
2,602,504
+553,519
+27% +$6.01M 0.49% 44
2023
Q4 		$22.2M Buy
2,048,985
+372,190
+22% +$3.7M 0.45% 57
2023
Q3 		$15.7M Buy
1,676,795
+1,165,325
+228% +$12.1M 0.38% 68
2023
Q2 		$5.49M Buy
511,470
+271,410
+113% +$2.88M 0.14% 148
2023
Q1 		$2.63M Buy
240,060
+67,558
+39% +$727K 0.05% 309
2022
Q4 		$1.81M Buy
+172,502
New +$1.8M 0.02% 503
2019
Q3 		– Sell
-36,178
Closed -$487K – 95
2019
Q2 		$487K Buy
+36,178
New +$474K 0.02% 100

Other funds holding AFB

Pathstone Holdings
Pathstone Holdings Englewood, New Jersey $25.1B AUM 22.95% 1-Year Est. Return
KIM
Karpus Investment Management Pittsford, New York $3.21B AUM 6.83% 1-Year Est. Return
Allspring Global Investments
Allspring Global Investments Charlotte, North Carolina $59.7B AUM 29.08% 1-Year Est. Return
RCM
Rivernorth Capital Management West Palm Beach, Florida $2B AUM 0.66% 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 $1.66T AUM 25.57% 1-Year Est. Return
GC
Guggenheim Capital Chicago, Illinois $12.9B AUM 27.3% 1-Year Est. Return
AAM
Advisors Asset Management Monument, Colorado $6.01B AUM 24.74% 1-Year Est. Return
SIA
Sit Investment Associates Minneapolis, Minnesota $4.93B AUM 12.22% 1-Year Est. Return
HWAM
Hennion & Walsh Asset Management Parsippany, New Jersey $3.5B AUM 41.95% 1-Year Est. Return

Saba Capital Management's AFB Position: Q1 2026 in Review

Saba Capital Management reduced its AllianceBernstein National Municipal Income Fund (AFB) stake by 83% in Q1 2026, selling an estimated $25.1M and leaving 459,321 shares worth $4.91M. The position accounts for 0.14% of the portfolio, ranked #121.

Saba Capital Management first reported a position in AFB in Q2 2019 and has held it in 15 quarters since. The position peaked at $37.2M in Q3 2024. 91 funds tracked by Wall St. Rank hold AFB as of Q1 2026.

  • Saba Capital Management held 459,321 shares of AllianceBernstein National Municipal Income Fund worth $4.91M as of Q1 2026.
  • Saba Capital Management sold 2,300,935 AllianceBernstein National Municipal Income Fund shares in Q1 2026, an estimated $25.1M.
  • AllianceBernstein National Municipal Income Fund made up 0.14% of Saba Capital Management's portfolio in Q1 2026, its #121 holding.
  • Saba Capital Management first reported a position in AllianceBernstein National Municipal Income Fund in Q2 2019 and has held it in 15 quarters since.
  • Saba Capital Management's AllianceBernstein National Municipal Income Fund position peaked at $37.2M in Q3 2024.
  • 91 funds tracked by Wall St. Rank held AllianceBernstein National Municipal Income Fund as of Q1 2026.

Based on Saba Capital Management's 13F filing for Q1 2026, filed 15 May 2026.