NEW YORK, June 23, 2025 /PRNewswire/ -- AllianceBernstein National Municipal Income Fund, Inc. [NYSE: AFB] (the "Fund") today released its monthly portfolio update as of May 31, 2025.
AllianceBernstein National Municipal Income Fund, Inc.
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Top 10 Fixed-Income Holdings
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Portfolio %
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1) Lamar Consolidated Independent School District Series 2023-A 5.00%, 02/15/53
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2.67 %
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2) Melissa Independent School District Series 2024-2 4.25%, 02/01/53
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2.03 %
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3) Commonwealth of Massachusetts Series 2025-2 5.00%, 01/01/54
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1.97 %
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4) Worthington City School District Series 2023 5.50%, 12/01/54
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1.84 %
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5) Public Authority for Colorado Energy Series 2008 6.50%, 11/15/38
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1.84 %
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6) New York Transportation Development Corp. Series 2024 Zero Coupon, 12/31/54
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1.83 %
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7) Dallas Independent School District Series 2024-2 4.00%, 02/15/54
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1.82 %
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8) State of Hawaii Airports System Revenue Series 2025-2 5.00%, 07/01/54
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1.82 %
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9) Greenwood Independent School District Series 2025-2 5.50%, 02/15/49
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1.81 %
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10) Rockwall Independent School District Series 2025-2 5.00%, 02/15/54
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1.79 %
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Investment Type
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Portfolio %
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State Breakdown
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Portfolio %
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Texas
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19.38 %
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Florida
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8.75 %
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Illinois
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7.88 %
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Wisconsin
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6.49 %
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New York
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6.41 %
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California
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5.96 %
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Massachusetts
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5.24 %
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Ohio
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4.12 %
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Colorado
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3.88 %
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South Carolina
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3.52 %
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Pennsylvania
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2.74 %
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Michigan
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2.43 %
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New Hampshire
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2.14 %
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New Jersey
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2.10 %
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Alabama
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1.90 %
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Hawaii
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1.82 %
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Arizona
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1.80 %
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Louisiana
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1.72 %
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Nebraska
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1.66 %
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Georgia
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1.36 %
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Minnesota
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1.28 %
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Virginia
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1.05 %
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Indiana
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0.83 %
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North Carolina
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0.75 %
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Alaska
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0.64 %
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Tennessee
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0.51 %
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Washington
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0.50 %
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Utah
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0.43 %
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Oklahoma
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0.38 %
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Maryland
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0.37 %
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District of Columbia
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0.36 %
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Arkansas
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0.35 %
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North Dakota
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0.35 %
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Nevada
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0.34 %
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Oregon
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0.23 %
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Connecticut
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0.19 %
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South Dakota
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0.13 %
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Other
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0.01 %
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Total Investments
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100.00 %
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Net Currency Exposure Breakdown
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Portfolio %
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US Dollar
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100.00 %
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Total Net Assets
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100.00 %
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Credit Quality Breakdown
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Portfolio %
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AAA
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17.94 %
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AA
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29.86 %
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A
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24.24 %
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BBB
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17.88 %
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BB
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7.00 %
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B
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0.52 %
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Not Rated
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2.53 %
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Pre-refunded Bonds
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0.02 %
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Short Term Investments
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0.01 %
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Total
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100.00 %
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Bonds by Maturity
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Portfolio %
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Less than 1 Year
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0.20 %
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1 to 5 Years
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0.91 %
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5 to 10 Years
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2.78 %
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10 to 20 Years
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14.84 %
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20 to 30 Years
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62.53 %
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More than 30 Years
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18.74 %
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Other
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0.00 %
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Total Net Assets
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100.00 %
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Portfolio Statistics:
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AMT Percent:
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19.86 %
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Average Coupon:
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4.75 %
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Percentage of Leverage(based on gross assets):
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Bank Borrowing:
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0.00 %
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Investment Operations:
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2.83 %
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Auction Preferred Shares (APS):
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0.00 %
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Tender Option Bonds:
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10.34 %
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VMTP Shares:
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15.47 %
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VRDP Shares:
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17.53 %
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Total Fund Leverage:
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46.17 %
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Average Maturity:
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17.42 Years
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Effective Duration:
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12.06 Years
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Total Net Assets:
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$329.67 Million
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Net Asset Value:
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$11.47
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Total Number of Holdings:
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164
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Portfolio Turnover:
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32.00 %
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* Investment Operations may include the use of certain portfolio management techniques such as credit
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default swaps, dollar rolls, negative cash, reverse repurchase agreements and when-issued securities.
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The foregoing portfolio characteristics are as of the date indicated and can be expected to change. The
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Fund is a closed-end U.S.-registered management investment company advised by AllianceBernstein L. P.
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View original content:https://www.prnewswire.com/news-releases/alliancebernstein-national-municipal-income-fund-inc-releases-monthly-portfolio-update-302488576.html
SOURCE AllianceBernstein National Municipal Income Fund, Inc.
