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AllianceBernstein National Municipal Income Fund, Inc. (AFB)

Financial Services | Asset Management | Nashville, United States | NYSE
10.94 USD +0.05 (0.459%) ⇧ (April 17, 2026, 4 p.m. EDT)
After hours: 10.94
Short-term: ★★★☆☆ | Long-term: ★★☆☆☆ | Dividends: ★★★★☆
Hot Take | April 11, 2026, 4:18 p.m. EDT

AFB shows a relatively stable dividend yield of 5.07%, with consistent payouts over the past few years, suggesting reliability for income-focused investors. However, the recent price history indicates a lack of strong upward momentum, with the stock hovering near its 52-week low. The stock's low beta and low price-to-book ratio suggest it may be undervalued, but the high debt-to-equity ratio and low current ratio raise concerns about liquidity and financial health. While the dividend payments are consistent, the stock's fundamentals and recent performance suggest it may not be an ideal short-term investment. Long-term investors may consider it as a defensive option, but with caution due to the financial risks involved.
Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoETS ✓0.013172
AutoTheta0.013280
MSTL0.013524
AutoARIMA0.013778

Forecast horizon: 45 days | Selected: AutoETS

Forecast Reliability
Score 53%
H-stat 2.99
Ljung-Box p 0.000
Jarque-Bera p 0.173
Excess Kurtosis -0.57
Attribute Value
Sector Financial Services
Ex Dividend Date 2026-04-01
Last Dividend Date 2026-04-01
Debt to Equity Ratio 66.078
Revenue per Share 0.952
Market Cap 314,469,600
Trailing P/E 91.17
Beta 0.69
Profit Margins 12.58%
Previous Name AllianceBernstein National Municipal Income Fund
Website https://www.alliancebernstein.com/funds/us/closed-end/fixed-income/national-municipal-income-fund.htm

Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.48% 5.34% 4.64% 4.85%
Dividend History
Date Dividend Yield %
2026-04-02 0.050 0.477099
2026-03-05 0.050 0.461311
2026-02-05 0.050 0.459611
2026-01-08 0.050 0.467236
2025-12-04 0.050 0.468516
2025-11-06 0.050 0.471106
2025-10-02 0.047 0.446927
2025-09-04 0.047 0.470169
2025-08-07 0.040 0.401975
2025-07-03 0.040 0.401972
2025-06-05 0.040 0.410655
2025-05-01 0.040 0.403553
2025-04-03 0.040 0.386887
2025-03-06 0.040 0.380966
2025-02-06 0.040 0.380951
2025-01-02 0.040 0.390743
2024-12-05 0.040 0.374657
2024-11-07 0.040 0.381312
2024-10-03 0.040 0.362082
2024-09-05 0.036 0.339534
2024-08-01 0.033 0.315530
2024-07-11 0.033 0.318707
2024-06-06 0.033 0.330826
2024-05-02 0.033 0.341896
2024-04-04 0.033 0.339750
2024-03-07 0.033 0.331764
2024-02-01 0.033 0.332464
2024-01-04 0.033 0.337798
2023-12-07 0.033 0.347502
2023-11-02 0.033 0.395066
2023-10-05 0.033 0.393532
2023-09-07 0.033 0.363850
2023-08-03 0.033 0.359015
2023-07-06 0.033 0.349325
2023-06-01 0.033 0.358472
2023-05-04 0.033 0.354847
2023-04-13 0.033 0.348682
2023-03-02 0.033 0.362873
2023-02-02 0.033 0.337987
2023-01-05 0.033 0.358525
2022-12-01 0.033 0.351337
2022-11-03 0.045 0.518882
2022-10-06 0.045 0.499767
2022-09-01 0.045 0.465846
2022-08-04 0.045 0.433811
2022-07-07 0.045 0.451762
2022-06-02 0.045 0.444745
2022-05-05 0.045 0.451703
2022-04-07 0.045 0.429072
2022-03-03 0.053 0.476946
2022-02-03 0.053 0.471042
2022-01-06 0.053 0.434817
2021-12-02 0.053 0.431963
2021-11-04 0.053 0.435256
2021-10-07 0.053 0.433569
2021-09-02 0.053 0.429605
2021-08-05 0.053 0.432555
2021-07-01 0.053 0.429772
2021-06-03 0.053 0.440878
2021-05-06 0.053 0.447578
2021-04-08 0.053 0.461486
2021-03-04 0.053 0.467127
2021-02-04 0.053 0.463626
2021-01-07 0.053 0.466315
2020-12-17 0.001 0.009027
2020-12-03 0.053 0.469392
2020-11-05 0.053 0.486201
2020-10-01 0.053 0.490550
2020-09-03 0.053 0.492782
2020-08-06 0.053 0.487210
2020-07-09 0.053 0.502044
2020-06-04 0.053 0.517756
2020-05-07 0.046 0.466366
2020-04-02 0.046 0.475880
2020-03-05 0.046 0.417471
2020-02-06 0.046 0.427131
2020-01-02 0.046 0.436579
2019-12-05 0.046 0.439610
2019-11-07 0.046 0.444296
2019-10-03 0.046 0.442869
2019-09-05 0.046 0.442421
2019-08-01 0.046 0.450064
2019-07-11 0.046 0.456606
2019-06-06 0.046 0.469650
2019-05-02 0.046 0.479676
2019-04-04 0.046 0.481382
2019-03-07 0.046 0.488004
2019-02-07 0.046 0.496757
2019-01-03 0.046 0.510289
2018-12-06 0.046 0.519355
2018-11-01 0.046 0.531367
2018-10-04 0.046 0.529423
2018-09-06 0.046 0.507760
2018-08-02 0.046 0.509622
2018-07-05 0.046 0.513113
2018-06-07 0.046 0.510911
2018-05-03 0.046 0.515626
2018-04-05 0.046 0.517938
2018-03-01 0.046 0.519003
2018-02-01 0.046 0.511946
2018-01-04 0.046 0.488944
2017-12-07 0.052 0.535877
2017-11-02 0.052 0.552174
2017-10-05 0.052 0.541900
2017-09-07 0.052 0.535812
2017-08-02 0.052 0.539709
2017-07-05 0.052 0.558008
2017-06-07 0.052 0.553233
2017-05-03 0.052 0.564319
2017-04-05 0.052 0.578427
2017-03-01 0.052 0.578077
2017-02-01 0.055 0.600315
2017-01-04 0.055 0.618138
2016-12-07 0.055 0.625416
2016-11-02 0.055 0.592191
2016-10-05 0.055 0.572470
2016-09-07 0.055 0.561509
2016-08-03 0.055 0.565857
2016-07-06 0.055 0.558545
2016-06-01 0.062 0.648271
2016-05-04 0.062 0.640988
2016-04-06 0.062 0.660911
2016-03-02 0.062 0.684944
2016-02-03 0.062 0.687975
2016-01-06 0.062 0.698946
2015-12-02 0.062 0.724971
2015-11-04 0.066 0.769567
2015-10-07 0.066 0.786603
2015-09-02 0.066 0.811765
2015-08-05 0.066 0.810912
2015-07-08 0.066 0.806302
2015-06-03 0.066 0.802423
2015-05-06 0.066 0.810615
2015-04-08 0.066 0.802559
2015-03-04 0.066 0.792387
2015-02-04 0.073 0.844371
2015-01-07 0.073 0.873045
2014-12-03 0.073 0.882718
2014-11-05 0.073 0.884194
2014-10-01 0.073 0.914520
2014-09-03 0.073 0.915401
2014-08-06 0.073 0.928533
2014-07-09 0.073 0.919929
2014-06-04 0.073 0.916101
2014-05-07 0.073 0.910980
2014-04-02 0.073 0.970137
2014-03-05 0.073 0.971809
2014-02-05 0.073 1.003078
2014-01-08 0.073 1.016667
2013-12-04 0.073 1.059879
2013-11-06 0.073 1.029333
2013-10-02 0.073 1.027935
2013-09-04 0.073 1.087154
2013-08-07 0.073 1.075171
2013-07-03 0.073 1.026074
2013-06-05 0.073 0.959780
2013-05-01 0.073 0.879151
2013-04-03 0.073 0.914112
2013-03-06 0.073 0.907032
2013-02-06 0.077 0.911290
2013-01-02 0.077 0.919738
2012-12-05 0.078 0.928707
2012-11-07 0.078 0.948094
2012-10-03 0.078 0.916732
2012-09-05 0.078 0.954343
2012-08-01 0.078 0.961463
2012-07-03 0.078 0.963743
2012-06-06 0.078 0.996274
2012-05-02 0.078 1.023346
2012-04-04 0.078 1.036937
2012-03-07 0.078 1.019092
2012-02-01 0.078 1.016291
2012-01-11 0.078 1.068732
2011-12-07 0.078 1.086175
2011-11-02 0.078 1.141585
2011-10-05 0.078 1.153792
2011-09-07 0.078 1.176458
2011-08-03 0.078 1.182386
2011-07-06 0.078 1.192670
2011-06-01 0.078 1.231210
2011-05-04 0.078 1.243153
2011-04-06 0.078 1.256196
2011-03-02 0.078 1.317832
2011-02-02 0.078 1.325995
2011-01-12 0.078 1.357986
2010-12-01 0.078 1.265297
2010-11-03 0.078 1.184011
2010-10-06 0.078 1.161342
2010-09-01 0.078 1.171463
2010-08-04 0.078 1.229587
2010-07-07 0.078 1.248819
2010-06-02 0.078 1.276879
2010-05-05 0.078 1.259295
2010-04-07 0.078 1.268158
2010-03-03 0.078 1.278932
2010-02-03 0.078 1.284240
2010-01-12 0.078 1.317950
2009-12-02 0.076 1.292501
2009-11-04 0.076 1.287490
2009-10-07 0.076 1.258888
2009-09-02 0.076 1.365112
2009-08-05 0.076 1.354441
2009-07-08 0.076 1.479019
2009-06-03 0.076 1.490826
2009-05-06 0.076 1.509995
2009-04-01 0.076 1.618097
2009-03-04 0.076 1.756812
2009-02-04 0.066 1.468742
2009-01-08 0.066 1.532893
2008-12-03 0.066 1.580911
2008-11-05 0.066 1.513893
2008-10-01 0.066 1.560566
2008-09-03 0.066 1.277326
2008-08-06 0.066 1.267354
2008-07-01 0.066 1.234657
2008-06-04 0.066 1.217514
2008-05-07 0.066 1.230292
2008-04-02 0.066 1.236128
2008-03-05 0.066 1.250992
2008-02-06 0.066 1.214859
2008-01-10 0.066 1.232564
2007-12-05 0.066 1.299013
2007-11-07 0.066 1.278879
2007-10-03 0.066 1.219407
2007-09-05 0.066 1.260632
2007-08-01 0.066 1.279284
2007-07-03 0.066 1.233167
2007-06-06 0.066 1.192058
2007-05-02 0.066 1.175488
2007-04-03 0.066 1.175931
2007-03-07 0.066 1.179432
2007-02-07 0.066 1.196843
2007-01-10 0.066 1.217125
2006-12-06 0.066 1.213561
2006-11-01 0.066 1.234205
2006-10-04 0.083 1.391469
2006-09-06 0.083 1.437532
2006-08-02 0.083 1.483694
2006-07-05 0.083 1.496098
2006-06-07 0.083 1.502990
2006-05-03 0.083 1.509850
2006-04-05 0.083 1.525368
2006-03-01 0.083 1.540164
2006-02-01 0.083 1.553194
2006-01-11 0.083 1.587616
2005-12-07 0.083 1.603375
2005-11-02 0.083 1.688786
2005-10-05 0.083 1.631684
2005-09-07 0.083 1.599749
2005-08-03 0.083 1.654660
2005-07-06 0.083 1.692540
2005-06-01 0.083 1.737937
2005-05-04 0.083 1.771913
2005-04-06 0.083 1.813416
2005-03-02 0.083 1.815133
2005-02-02 0.083 1.820581
2005-01-12 0.083 1.878295
2004-12-01 0.083 1.920989
2004-11-03 0.083 1.875312
2004-10-06 0.083 1.911978
2004-09-01 0.083 1.933009
2004-08-04 0.083 1.990334
2004-06-30 0.083 2.090159
2004-06-02 0.083 2.074812
2004-05-05 0.083 2.090931
2004-03-31 0.083 1.896786
2004-03-03 0.083 1.911480
2004-02-04 0.083 1.930302
2004-01-07 0.083 1.994882
2003-12-03 0.083 2.056048
2003-11-05 0.079 1.990326
2003-10-01 0.079 2.003346
2003-09-03 0.080 2.073809
2003-07-30 0.080 2.061556
2003-07-01 0.080 1.965201
2003-06-04 0.080 1.955672
2003-04-30 0.080 2.047050
2003-04-02 0.080 2.105718
2003-03-05 0.080 2.110272
2003-02-05 0.080 2.136691
2003-01-02 0.080 2.122686
2002-12-04 0.080 2.210731
2002-10-30 0.080 2.184548
2002-10-02 0.080 2.099518
2002-09-04 0.080 2.109962
2002-07-31 0.080 2.150879
2002-07-02 0.080 2.202851
2002-06-05 0.080 2.163507
2002-05-01 0.080 2.228402
2002-03-26 0.080 2.259663
Additional Data
dividendRate 0.55
dividendYield 5.05
exDividendDate 2026-04-02
trailingAnnualDividendRate 0.482
trailingAnnualDividendYield 0.04426079
lastDividendValue 0.05
lastDividendDate 2026-04-02
dividendDate 2019-02-15

Info Dump

Attribute Value
52 Week Change 0.08250499
Address1 501 Commerce Street
All Time High 17.03
All Time Low 7.05
Ask 11.08
Ask Size 400
Average Daily Volume10 Day 104,330
Average Daily Volume3 Month 126,473
Average Volume 126,473
Average Volume10Days 104,330
Beta 0.686
Bid 10.5
Bid Size 1,000
Book Value 12.204
City Nashville
Country United States
Crypto Tradeable 0
Currency USD
Current Price 10.94
Current Ratio 0.059
Custom Price Alert Confidence HIGH
Date Short Interest 1,774,915,200
Day High 10.94
Day Low 10.9
Debt To Equity 66.078
Dividend Date 1,550,188,800
Dividend Rate 0.55
Dividend Yield 5.05
Earnings Growth 0.199
Earnings Quarterly Growth 0.199
Earnings Timestamp End 1,751,313,600
Earnings Timestamp Start 1,750,968,000
Ebitda Margins 0.0
Enterprise To Revenue 19.957
Enterprise Value 546,278,592
Eps Trailing Twelve Months 0.12
Esg Populated 0
Ex Dividend Date 1,775,088,000
Exchange NYQ
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 10.8506
Fifty Day Average Change 0.08939934
Fifty Day Average Change Percent 0.008239115
Fifty Two Week Change Percent 8.250499
Fifty Two Week High 11.13
Fifty Two Week High Change -0.19000053
Fifty Two Week High Change Percent -0.017071027
Fifty Two Week Low 9.99
Fifty Two Week Low Change 0.9499998
Fifty Two Week Low Change Percent 0.095095076
Fifty Two Week Range 9.99 - 11.13
Financial Currency USD
First Trade Date Milliseconds 1,012,314,600,000
Five Year Avg Dividend Yield 4.38
Free Cashflow 2,155,676
Full Exchange Name NYSE
Gmt Off Set Milliseconds -14,400,000
Gross Margins 1.0
Gross Profits 27,372,320
Has Pre Post Market Data 1
Held Percent Insiders 0.0
Held Percent Institutions 0.66119003
Implied Shares Outstanding 28,744,937
Industry Asset Management
Industry Disp Asset Management
Industry Key asset-management
Is Earnings Date Estimate 1
Language en-US
Last Dividend Date 1,775,088,000
Last Dividend Value 0.05
Last Fiscal Year End 1,761,868,800
Long Business Summary AllianceBernstein National Municipal Income Fund, Inc. 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. AllianceBernstein National Municipal Income Fund, Inc. was formed on November 9, 2001 and is domiciled in the United States.
Long Name AllianceBernstein National Municipal Income Fund, Inc.
Market us_market
Market Cap 314,469,600
Market State CLOSED
Max Age 86,400
Message Board Id finmb_3603743
Most Recent Quarter 1,761,868,800
Name Change Date 2,026-04-18
Net Income To Common 3,444,089
Next Fiscal Year End 1,793,404,800
Non Diluted Market Cap 314,469,599
Open 10.95
Operating Cashflow 14,063,531
Operating Margins 0.8832
Payout Ratio 4.1651
Phone 615 622 0000
Post Market Change 0.0
Post Market Change Percent 0.0
Post Market Price 10.94
Post Market Time 1,776,464,221
Prev Name AllianceBernstein National Municipal Income Fund
Previous Close 10.89
Price Hint 2
Price To Book 0.89642733
Price To Sales Trailing12 Months 11.488599
Profit Margins 0.12582
Quick Ratio 0.059
Quote Source Name Delayed Quote
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change 0.0499992
Regular Market Change Percent 0.45913
Regular Market Day High 10.94
Regular Market Day Low 10.9
Regular Market Day Range 10.9 - 10.94
Regular Market Open 10.95
Regular Market Previous Close 10.89
Regular Market Price 10.94
Regular Market Time 1,776,456,003
Regular Market Volume 114,291
Return On Assets 0.025179999
Return On Equity 0.0096700005
Revenue Growth 0.071
Revenue Per Share 0.952
Sand P52 Week Change 0.36506534
Sector Financial Services
Sector Disp Financial Services
Sector Key financial-services
Shares Outstanding 28,744,936
Shares Percent Shares Out 0.0026
Shares Short 82,765
Shares Short Previous Month Date 1,772,150,400
Shares Short Prior Month 30,832
Short Name AllianceBernstein National Muni
Short Ratio 0.96
Source Interval 15
State TN
Symbol AFB
Total Cash 472
Total Cash Per Share 0.0
Total Debt 231,809,440
Total Revenue 27,372,320
Tradeable 0
Trailing Annual Dividend Rate 0.482
Trailing Annual Dividend Yield 0.04426079
Trailing Eps 0.12
Trailing P E 91.166664
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 10.7187
Two Hundred Day Average Change 0.22129917
Two Hundred Day Average Change Percent 0.020646082
Type Disp Equity
Volume 114,291
Website https://www.alliancebernstein.com/funds/us/closed-end/fixed-income/national-municipal-income-fund.htm
Zip 37,203