AllianceBernstein National Municipal Income Fund, Inc. RELEASES MONTHLY PORTFOLIO UPDATE | AFB Stock News

, /PRNewswire/ -- AllianceBernstein National Municipal Income Fund, Inc.[NYSE: AFB] (the "Fund") today released its monthly portfolio update as of February 28, 2026.AllianceBernstein National Municipal Income Fund, Inc.Top 10 Fixed-Income HoldingsPortfolio %1) San Francisco Intl Airport Series 2026-2 5.50%, 05/01/553.71 %2) Melissa Independent School District Series 2024-2 4.25%, 02/01/532.10 %3) Commonwealth of Massachusetts Series 2025-2 5.00%, 01/01/541.99 %4) New York Transportation Development Corp. Series 2024 Zero Coupon, 12/31/541.97 %5) Oklahoma Turnpike Authority Series 2023 4.50%, 01/01/531.92 %6) Dallas Independent School District Series 2024-2 4.00%, 02/15/541.90 %7) State of Hawaii Airports System Revenue Series 2025-2 5.50%, 07/01/541.84 %8) Metropolitan Washington Airports Authority Aviation Revenue Series 2025-2 5.50%, 10/01/551.84 %9) Worthington City School District Series 2025-2 5.50%, 12/01/541.84 %10) City of New York NY Series 2023 4.125%, 08/01/531.83 %Sector/Industry BreakdownPortfolio %RevenueAirport13.53 %Health Care - Not-for-Profit11.11 %Revenue - Miscellaneous6.94 %Toll Roads/Transit5.82 %Industrial Development - Airline5.18 %Prepay Energy4.78 %Primary/Secondary Ed. - Public3.92 %Higher Education - Private3.83 %Port2.32 %Industrial Development - Industry2.00 %Higher Education - Public1.77 %Electric Utility1.47 %Senior Living1.34 %Water & Sewer0.80 %Tobacco Securitization0.30 %Primary/Secondary Ed. - Private0.17 %SUBTOTAL65.28 %Tax SupportedLocal G.O.10.57 %State G.O.6.37 %Special Tax3.69 %Local Lease1.47 %Assessment District0.36 %SUBTOTAL22.46 %Guaranteed9.90 %Asset-BackedHousing - Multi-Family1.02 %SUBTOTAL1.02 %Commercial Mortgage-Backed SecuritiesNon-Agency Fixed Rate CMBS0.85 %SUBTOTAL0.85 %Cash & Cash EquivalentsFunds and Investment Trusts0.47 %SUBTOTAL0.47 %Prerefunded/ETM0.02 %Total100.00 %State BreakdownPortfolio %Texas12.57 %California12.39 %New York8.34 %Florida7.89 %Illinois7.45 %Massachusetts6.21 %Wisconsin5.83 %Georgia4.55 %Ohio4.15 %Pennsylvania2.82 %New Hampshire2.61 %District of Columbia2.57 %Oklahoma2.31 %Louisiana2.28 %Arizona2.07 %Colorado1.94 %Michigan1.90 %Hawaii1.84 %Minnesota1.30 %Alabama0.97 %Nebraska0.95 %Indiana0.84 %North Carolina0.76 %Virginia0.76 %South Carolina0.69 %Washington0.69 %Tennessee0.52 %Maryland0.37 %New Jersey0.35 %North Dakota0.35 %Arkansas0.34 %Oregon0.24 %Connecticut0.20 %Utah0.18 %Alaska0.16 %South Dakota0.14 %Other0.47 %Total Investments100.00 %Credit Quality BreakdownPortfolio %AAA10.47 %AA39.77 %A18.76 %BBB18.92 %BB7.01 %B0.54 %Not Rated4.04 %Pre-refunded Bonds0.02 %Short Term Investments0.47 %Total100.00 %Bonds by MaturityPortfolio %Less than 1 Year0.62 %1 to 5 Years0.13 %5 to 10 Years2.56 %10 to 20 Years13.76 %20 to 30 Years64.35 %More than 30 Years18.58 %Other0.00 %Total Net Assets100.00 %Portfolio Statistics:AMT Percent:23.81 %Average Coupon:5.32 %Percentage of Leverage:Bank Borrowing:0.00 %Investment Operations:0.00 %Auction Preferred Shares (APS):0.00 %Tender Option Bonds:22.83 %VMTP Shares:0.00 %VRDP Shares:17.22 %Total Fund Leverage:40.05%*Average Maturity: 12.72 YearsEffective Duration: 11.55 YearsTotal Net Assets:$353.27 Million**Common Stock Net Asset Value:$12.29Total Number of Holdings:176Portfolio Turnover:56.00 %* The total percentage of leverage constitutes 22.83% through the use of tender option bonds, 17.22% in issued and outstanding VRDPs and 0.00% in investment operations, which 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 Fund also had outstanding $100,000,000 of VRDPs at liquidation value, which is not includedin Total Net Assets because it is treated as a liability for financial reporting purposes.The foregoing portfolio characteristics are as of the date indicated and can be expected to change. TheFund is a closed-end U.S.-registered management investment company advised by AllianceBernstein L. P.SOURCE AllianceBernstein National Municipal Income Fund, Inc.