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 March 31, 2026.AllianceBernstein National Municipal Income Fund, Inc.Top 10 Fixed-Income HoldingsPortfolio %1) San Francisco Intl Airport Series 2026-2 5.50%, 05/01/553.68 %2) Melissa Independent School District Series 2024-2 4.25%, 02/01/532.09 %3) Commonwealth of Massachusetts Series 2025-2 5.00%, 01/01/541.98 %4) New York Transportation Development Corp. Series 2024 Zero Coupon, 12/31/541.92 %5) Oklahoma Turnpike Authority Series 2023 4.50%, 01/01/531.86 %6) State of Hawaii Airports System Revenue Series 2025-2 5.50%, 07/01/541.85 %7) Metropolitan Washington Airports Authority Aviation Revenue Series 2025-2 5.50%, 10/01/551.84 %8) Dallas Independent School District Series 2024-2 4.00%, 02/15/541.84 %9) City of Atlanta GA Department of Aviation Series 2025-2 5.50%, 07/01/551.83 %10) Worthington City School District Series 2025-2 5.50%, 12/01/541.83 %Sector/Industry BreakdownPortfolio %RevenueAirport13.48 %Health Care - Not-for-Profit10.98 %Revenue - Miscellaneous7.17 %Toll Roads/Transit5.73 %Industrial Development - Airline5.10 %Prepay Energy4.58 %Primary/Secondary Ed. - Public4.00 %Higher Education - Private3.80 %Port2.27 %Industrial Development - Industry1.95 %Higher Education - Public1.75 %Senior Living1.51 %Electric Utility1.11 %Water & Sewer0.80 %Tobacco Securitization0.29 %Primary/Secondary Ed. - Private0.17 %SUBTOTAL64.69 %Tax SupportedLocal G.O.10.22 %State G.O.6.68 %Special Tax4.95 %Local Lease1.47 %Assessment District0.36 %SUBTOTAL23.68 %Guaranteed9.78 %Asset-BackedHousing - Multi-Family1.35 %SUBTOTAL1.35 %Commercial Mortgage-Backed SecuritiesAgency CMBS0.36 %Non-Agency Fixed Rate CMBS0.12 %SUBTOTAL0.48 %Prerefunded/ETM0.02 %Total100.00 %State BreakdownPortfolio %Texas13.45 %California12.18 %New York8.15 %Florida7.81 %Illinois7.73 %Massachusetts6.16 %Wisconsin6.10 %Georgia4.19 %Ohio4.11 %New Hampshire2.83 %Pennsylvania2.82 %District of Columbia2.57 %Oklahoma2.24 %Louisiana2.09 %Arizona1.99 %Colorado1.93 %Michigan1.89 %Hawaii1.85 %Minnesota1.27 %Alabama0.96 %Nebraska0.92 %Indiana0.82 %North Carolina0.75 %Virginia0.74 %South Carolina0.68 %Washington0.67 %Tennessee0.52 %Utah0.44 %Maryland0.36 %New Jersey0.36 %Arkansas0.35 %North Dakota0.35 %Oregon0.24 %Connecticut0.20 %Alaska0.15 %South Dakota0.13 %Total Investments100.00 %Credit Quality BreakdownPortfolio %AAA10.33 %AA40.38 %A18.27 %BBB18.37 %BB7.53 %B0.52 %Not Rated4.58 %Pre-refunded Bonds0.02 %Total100.00 %Bonds by MaturityPortfolio %Less than 1 Year0.15 %1 to 5 Years0.13 %5 to 10 Years2.76 %10 to 20 Years13.56 %20 to 30 Years63.80 %More than 30 Years19.60 %Other0.00 %Total Net Assets100.00 %Portfolio Statistics:AMT Percent:22.35 %Average Coupon:5.09 %Percentage of Leverage:Bank Borrowing:0.00 %Investment Operations:0.00 %Auction Preferred Shares (APS):0.00 %Tender Option Bonds:23.16 %VMTP Shares:0.00 %VRDP Shares:17.47 %Total Fund Leverage:40.63%*Average Maturity: 14.50 YearsEffective Duration: 12.60 YearsTotal Net Assets:$338.21 Million**Common Stock Net Asset Value:$11.77Total Number of Holdings:181Portfolio Turnover:56.00 %* The total percentage of leverage constitutes 23.16% through the use of tender option bonds, 17.47% 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.