AllianceBernstein National Municipal Income Fund, Inc.

AllianceBernstein National Municipal Income Fund, Inc.verified

AFB

Price:

$11.68

Market Cap:

$335.74M

AllianceBernstein National Municipal Income Fund is a closed-ended fixed income mutual fund launched and managed by AllianceBernstein L.P. The fund invests in the fixed income markets of the United States. It primarily invests in investment-grade municipal securities which pay interest that is exempt from federal income tax. The fund seeks to invest in bonds rated Baa/BBB or higher. It employs both quantitative and fundamental analysis to create its portfolio. The fund benchmarks the performance of its portfolio against the Barclays Municipal Bond Index. It was formerly known as Alliance National Municipal Income Fund Inc. AllianceBernstein National Municipal Income Fund was formed on Novemb...[Read more]

Industry

Asset Management - Income

IPO Date

2002-01-29

Stock Exchange

NYSE

Ticker

AFB

The ROE as of September 2024 (TTM) for AllianceBernstein National Municipal Income Fund, Inc. (AFB) is 2.44%

According to AllianceBernstein National Municipal Income Fund, Inc.’s latest financial reports and current stock price. The company's current ROE is 2.44%. This represents a change of 4.56% compared to the average of 0.05% of the last 4 quarters.

AllianceBernstein National Municipal Income Fund, Inc. (AFB) Historical ROE (quarterly & annually)

How has AFB ROE performed in the past?

The mean historical ROE of AllianceBernstein National Municipal Income Fund, Inc. over the last ten years is 0.70%. The current 2.44% ROE has changed 248.89% with respect to the historical average. Over the past ten years (40 quarters), AFB's ROE was at its highest in in the April 2024 quarter at 12.71%. The ROE was at its lowest in in the April 2022 quarter at -15.15%.

Quarterly (TTM)
Annual

Average

0.70%

Median

2.63%

Minimum

-30.06%

Maximum

12.45%

AllianceBernstein National Municipal Income Fund, Inc. (AFB) ROE by Quarter and Year

Discovering the peaks and valleys of AllianceBernstein National Municipal Income Fund, Inc. ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 218.35%

Maximum Annual ROE = 12.45%

Minimum Annual Increase = -577.22%

Minimum Annual ROE = -30.06%

Quarterly (TTM)
Annual
YearROEChange
2023-0.39%-98.70%
2022-30.06%-577.22%
20216.30%218.35%
20201.98%-84.11%
201912.45%-485.05%
2018-3.23%-287.83%
20171.72%-74.02%
20166.63%101.74%
20153.28%-60.47%
20148.31%-401.43%

AllianceBernstein National Municipal Income Fund, Inc. (AFB) Average ROE

How has AFB ROE performed in the past?

The current ROE of AllianceBernstein National Municipal Income Fund, Inc. (AFB) is greater than its 3-year, greater than its 5-year, and less than than its 10-year historical averages

3-year avg

-8.05%

5-year avg

-1.94%

10-year avg

0.70%

AllianceBernstein National Municipal Income Fund, Inc. (AFB) ROE vs. Peers

How is AFB’s ROE compared to its peers?

AllianceBernstein National Municipal Income Fund, Inc.’s ROE is less than Eaton Vance Short Duration Diversified Income Fund (11.96%), less than Virtus Diversified Income & Convertible Fund (9.35%), less than Ares Dynamic Credit Allocation Fund, Inc. (15.84%), less than DWS Municipal Income Trust (2.78%), less than Brookfield Business Corporation (73.79%), greater than Elysee Development Corp. (-30.53%), less than BlackRock MuniVest Fund II, Inc. (0.06%), less than MFS Special Value Trust (4.69%), greater than abrdn Global Premier Properties Fund (-4.40%), less than Abrdn Total Dynamic Dividend Fund (8.41%), less than First Trust Energy Infrastructure Fund (3.93%), less than Abrdn Global Infrastructure Income Fund (2.54%), less than BlackRock MuniVest Fund, Inc. (4.18%), less than Credit Suisse Asset Management Income Fund, Inc. (25.86%), less than Delaware Investments National Municipal Income Fund (1.53%), less than Nuveen Select Maturities Municipal Fund (22.18%), less than BlackRock MuniHoldings New York Quality Fund, Inc. (3.45%), less than LMP Capital and Income Fund Inc. (23.71%), less than Putnam Master Intermediate Income Trust (6.13%),

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