ALLIANCEBERNSTEIN NATIONAL MUNICIPAL INCOME FUND, INC. RELEASES MONTHLY PORTFOLIO UPDATE
|
AllianceBernstein National Municipal Income Fund, Inc. |
|
|
|
|
|
|
|
|
|
|
|
Top 10 Fixed-Income Holdings |
|
Portfolio % |
|
1) San Francisco Intl Airport Series 2026-2 5.50%, |
|
3.91 % |
|
2) Melissa Independent School District Series 2024-2 4.25%, |
|
2.15 % |
|
3) Commonwealth of Massachusetts Series 2025-2 5.00%, |
|
2.10 % |
|
4) Worthington City School District Series 2025-2 5.50%, |
|
2.00 % |
|
5) Oklahoma Turnpike Authority Series 2023 4.50%, |
|
1.95 % |
|
6) Metropolitan Washington Airports Authority Aviation Revenue Series 2025-2 5.50%, |
|
1.94 % |
|
7) City of Atlanta GA Department of Aviation Series 2025-2 5.50%, |
|
1.94 % |
|
8) County of Miami-Dade FL Aviation Revenue Series 2025-A 5.50%, |
|
1.94 % |
|
9) Greenwood Independent School District Series 2025-2 5.00%, |
|
1.92 % |
|
10) New York Transportation Development Corp. Series 2024 Zero Coupon, |
|
1.92 % |
|
|
|
|
|
Sector/Industry Breakdown |
|
Portfolio % |
|
Revenue |
|
|
|
Airport |
|
15.47 % |
|
Health Care - Not-for-Profit |
|
10.32 % |
|
Toll Roads/Transit |
|
6.02 % |
|
Industrial Development - Airline |
|
5.28 % |
|
Primary/Secondary Ed. - Public |
|
4.31 % |
|
Revenue - Miscellaneous |
|
4.20 % |
|
Prepay Energy |
|
3.57 % |
|
Higher Education - Private |
|
3.32 % |
|
Student Housing |
|
2.49 % |
|
Port |
|
2.25 % |
|
Industrial Development - Industry |
|
2.07 % |
|
Higher Education - Public |
|
1.85 % |
|
Senior Living |
|
1.74 % |
|
Water & Sewer |
|
1.03 % |
|
Electric Utility |
|
0.59 % |
|
Tobacco Securitization |
|
0.32 % |
|
Primary/Secondary Ed. - Private |
|
0.18 % |
|
SUBTOTAL |
|
65.01 % |
|
Tax Supported |
|
|
|
Local G.O. |
|
10.13 % |
|
State G.O. |
|
7.12 % |
|
Special Tax |
|
3.56 % |
|
Local Lease |
|
1.67 % |
|
|
|
0.57 % |
|
State Lease |
|
0.30 % |
|
SUBTOTAL |
|
23.35 % |
|
Guaranteed |
|
8.36 % |
|
Asset-Backed |
|
|
|
Housing - Multi-Family |
|
2.40 % |
|
SUBTOTAL |
|
2.40 % |
|
Cash & Cash Equivalents |
|
|
|
Funds and Investment Trusts |
|
0.86 % |
|
SUBTOTAL |
|
0.86 % |
|
Prerefunded/ETM |
|
0.02 % |
|
Total |
|
100.00 % |
|
|
|
|
|
State Breakdown |
|
Portfolio % |
|
|
|
12.14 % |
|
|
|
11.32 % |
|
|
|
8.36 % |
|
|
|
8.23 % |
|
|
|
7.73 % |
|
|
|
6.56 % |
|
|
|
5.98 % |
|
|
|
4.43 % |
|
|
|
4.25 % |
|
|
|
3.64 % |
|
|
|
3.06 % |
|
|
|
2.73 % |
|
|
|
2.36 % |
|
|
|
2.10 % |
|
|
|
2.08 % |
|
|
|
1.52 % |
|
|
|
1.43 % |
|
|
|
1.36 % |
|
|
|
1.27 % |
|
|
|
0.87 % |
|
|
|
0.80 % |
|
|
|
0.79 % |
|
|
|
0.79 % |
|
|
|
0.72 % |
|
|
|
0.70 % |
|
|
|
0.57 % |
|
|
|
0.55 % |
|
|
|
0.54 % |
|
|
|
0.52 % |
|
|
|
0.43 % |
|
|
|
0.40 % |
|
|
|
0.38 % |
|
|
|
0.36 % |
|
|
|
0.13 % |
|
|
|
0.04 % |
|
Other |
|
0.86 % |
|
Total Investments |
|
100.00 % |
|
|
|
|
|
Credit Quality Breakdown |
|
Portfolio % |
|
AAA |
|
8.92 % |
|
AA |
|
39.40 % |
|
A |
|
17.81 % |
|
BBB |
|
15.98 % |
|
BB |
|
8.15 % |
|
B |
|
0.55 % |
|
Not Rated |
|
8.31 % |
|
Pre-refunded Bonds |
|
0.02 % |
|
Short Term Investments |
|
0.86 % |
|
Total |
|
100.00 % |
|
|
|
|
|
Bonds by Maturity |
|
Portfolio % |
|
Less than 1 Year |
|
0.95 % |
|
1 to 5 Years |
|
0.93 % |
|
5 to 10 Years |
|
1.37 % |
|
10 to 20 Years |
|
13.73 % |
|
20 to 30 Years |
|
63.57 % |
|
More than 30 Years |
|
19.45 % |
|
Other |
|
0.00 % |
|
Total Net Assets |
|
100.00 % |
|
|
|
|
|
Portfolio Statistics: |
|
|
|
AMT Percent: |
|
25.67 % |
|
Average Coupon: |
|
5.74 % |
|
Percentage of Leverage: |
|
|
|
Bank Borrowing: |
|
0.00 % |
|
Investment Operations: |
|
0.00 % |
|
Auction Preferred Shares (APS): |
|
0.00 % |
|
Tender Option Bonds: |
|
25.67 % |
|
VMTP Shares: |
|
0.00 % |
|
VRDP Shares: |
|
19.52 % |
|
Total Fund Leverage: |
|
45.19%* |
|
Average Maturity: |
|
22.39 Years |
|
Effective Duration: |
|
17.13 Years |
|
Total Net Assets: |
|
|
|
Common Stock Net Asset Value: |
|
|
|
Total Number of Holdings: |
|
185 |
|
Portfolio Turnover: |
|
56.00 % |
|
|
|
|
|
* The total percentage of leverage constitutes 25.67% through the use of tender option bonds, 19.52% |
|
|
|
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 |
|
|
|
in 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. The |
||
|
Fund is a closed-end |
||
View original content:https://www.prnewswire.com/news-releases/alliancebernstein-national-municipal-income-fund-inc-releases-monthly-portfolio-update-302919785.html
SOURCE AllianceBernstein National Municipal Income Fund, Inc.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Labor & Employment Law Firm Zakay Law Group, APLC Files a Class Action Against It'Sugar Alleging Failure to Provide Meal and Rest Breaks
- Grupo Bafar Reports Third Quarter 2026 Results
- Cizzle Brands Accelerates U.S. National Exchange Listing Strategy to Drive Institutional Growth and Unlock Shareholder Value
Create E-mail Alert Related Categories
PRNewswire, Press ReleasesSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!





Tweet
Share