NEW YORK, July 28, 2025 /PRNewswire/ — AllianceBernstein National Municipal Income Fund, Inc.[NYSE: AFB] (the “Fund”) today released its monthly portfolio update as of June 30, 2025.
AllianceBernstein National Municipal Income Fund, Inc.
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Top 10 Fixed-Income Holdings |
Portfolio % |
|
|
1) Melissa Independent School District Series 2024-2 4.25%, 02/01/53 |
1.97 % |
|
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2) Commonwealth of Massachusetts Series 2025-2 5.00%, 01/01/54 |
1.93 % |
|
|
3) Worthington City School District Series 2023 5.50%, 12/01/54 |
1.80 % |
|
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4) New York Transportation Development Corp. Series 2024 Zero Coupon, 12/31/54 |
1.80 % |
|
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5) Metropolitan Washington Airports Authority Aviation Revenue Series 2025-A 5.50%, 10/01/55 |
1.79 % |
|
|
6) State of Hawaii Airports System Revenue Series 2025-2 5.50%, 07/01/54 |
1.78 % |
|
|
7) Dallas Independent School District Series 2024-2 4.00%, 02/15/54 |
1.77 % |
|
|
8) Greenwood Independent School District Series 2025-2 5.00%, 02/15/49 |
1.76 % |
|
|
9) County of Miami-Dade FL Aviation Revenue Series 2025-A 5.50%, 10/01/55 |
1.76 % |
|
|
10) Leander Independent School District Series 2025-A 5.00%, 08/15/55 |
1.74 % |
|
|
Investment Type |
Portfolio % |
|
|
State Breakdown |
Portfolio % |
|
|
Texas |
16.57 % |
|
|
Florida |
8.60 % |
|
|
Illinois |
8.08 % |
|
|
California |
7.57 % |
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Wisconsin |
6.34 % |
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New York |
6.27 % |
|
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Massachusetts |
5.48 % |
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Ohio |
4.02 % |
|
|
Colorado |
3.40 % |
|
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Pennsylvania |
3.10 % |
|
|
South Carolina |
2.78 % |
|
|
New Hampshire |
2.45 % |
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Michigan |
2.25 % |
|
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District of Columbia |
2.14 % |
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New Jersey |
2.06 % |
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|
Arizona |
1.94 % |
|
|
Alabama |
1.86 % |
|
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Louisiana |
1.84 % |
|
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Hawaii |
1.78 % |
|
|
Nebraska |
1.63 % |
|
|
Virginia |
1.42 % |
|
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Georgia |
1.34 % |
|
|
Minnesota |
1.25 % |
|
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Indiana |
0.81 % |
|
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North Carolina |
0.73 % |
|
|
Alaska |
0.62 % |
|
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Washington |
0.49 % |
|
|
Tennessee |
0.48 % |
|
|
Utah |
0.43 % |
|
|
Oklahoma |
0.37 % |
|
|
Maryland |
0.36 % |
|
|
Arkansas |
0.34 % |
|
|
North Dakota |
0.34 % |
|
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Nevada |
0.33 % |
|
|
Oregon |
0.22 % |
|
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Connecticut |
0.19 % |
|
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South Dakota |
0.12 % |
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|
Total Investments |
100.00 % |
|
|
Net Currency Exposure Breakdown |
Portfolio % |
|
|
US Dollar |
100.00 % |
|
|
Total Net Assets |
100.00 % |
|
|
Credit Quality Breakdown |
Portfolio % |
|
|
AAA |
15.13 % |
|
|
AA |
32.70 % |
|
|
A |
23.82 % |
|
|
BBB |
18.30 % |
|
|
BB |
6.83 % |
|
|
B |
0.51 % |
|
|
Not Rated |
2.69 % |
|
|
Pre-refunded Bonds |
0.02 % |
|
|
Total |
100.00 % |
|
|
Bonds by Maturity |
Portfolio % |
|
|
Less than 1 Year |
0.18 % |
|
|
1 to 5 Years |
0.89 % |
|
|
5 to 10 Years |
2.73 % |
|
|
10 to 20 Years |
16.26 % |
|
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20 to 30 Years |
59.12 % |
|
|
More than 30 Years |
20.82 % |
|
|
Other |
0.00 % |
|
|
Total Net Assets |
100.00 % |
|
|
Portfolio Statistics: |
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|
AMT Percent: |
19.53 % |
|
|
Average Coupon: |
4.73 % |
|
|
Percentage of Leverage(based on gross assets): |
||
|
Bank Borrowing: |
0.00 % |
|
|
Investment Operations: |
2.52 % |
|
|
Auction Preferred Shares (APS): |
0.00 % |
|
|
Tender Option Bonds: |
7.54 % |
|
|
VMTP Shares: |
15.14 % |
|
|
VRDP Shares: |
17.15 % |
|
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Total Fund Leverage: |
42.35 % |
|
|
Average Maturity: |
17.25 Years |
|
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Effective Duration: |
12.01 Years |
|
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Total Net Assets: |
$331.36 Million |
|
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Net Asset Value: |
$11.53 |
|
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Total Number of Holdings: |
171 |
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Portfolio Turnover: |
32.00 % |
* Investment Operations may include the use of certain portfolio management techniques such as credit default swaps, dollar rolls, negative cash, reverse repurchase agreements and when-issued securities.
The foregoing portfolio characteristics are as of the date indicated and can be expected to change. The Fund is a closed-end U.S.-registered management investment company advised by AllianceBernstein L. P.
SOURCE AllianceBernstein National Municipal Income Fund, Inc.
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