AllianceBernstein National Municipal Income Fund RELEASES MONTHLY PORTFOLIO UPDATE
22 Novembre 2021 - 11:01PM
PR Newswire (US)
NEW YORK, Nov. 22, 2021 /PRNewswire/
-- AllianceBernstein National Municipal Income Fund,
Inc.[NYSE: AFB] (the "Fund") today released its monthly portfolio
update as of October 31, 2021.
AllianceBernstein National Municipal Income Fund, Inc.
Top 10
Fixed-Income Holdings
|
|
Portfolio
%
|
1) Metropolitan
Transportation Authority (Metropolitan Transportation
Authority Dedicated Tax Fund) Series 2016-A 5.25%,
11/15/35
|
2.49%
|
2) State of
Connecticut Special Tax Revenue Series
2012-A 5.00%, 1/01/29
|
2.12%
|
3) Central Plains
Energy Project (Goldman Sachs Group Inc/(The)) Series
2017-A 5.00%, 9/01/42
|
2.08%
|
4) Jefferson County
Board of Education/AL Series 2018 5.00%,
2/01/46
|
1.75%
|
5) Wisconsin Public
Finance Authority(CHF - Wilmington LLC) AGM Series
2018 5.00%, 7/01/58
|
1.70%
|
6) Detroit Downtown
Development Authority AGM Series 2018-A 5.00%,
7/01/48
|
1.60%
|
7) Los Angeles
Department of Water & Power Power System
Revenue Series 2013-B 5.00%,
7/01/30
|
1.56%
|
8) Tobacco Settlement
Financing Corp./NJ Series 2018-A 5.00%,
6/01/46
|
1.51%
|
9) Metropolitan Pier
& Exposition Authority Series 2020
5.00%, 6/15/50
|
1.50%
|
10) Miami Beach
Health Facilities Authority (Mount Sinai Medical Center of
Florida, Inc.) Series 2014 5.00%, 11/15/39
|
1.47%
|
Sector/Industry
Breakdown
|
|
Portfolio
%
|
Revenue
|
|
|
Health Care -
Not-for-Profit
|
|
22.12%
|
Airport
|
|
7.78%
|
Revenue -
Miscellaneous
|
|
5.99%
|
Toll
Roads/Transit
|
|
5.76%
|
Electric
Utility
|
|
5.25%
|
Prepay
Energy
|
|
2.72%
|
Water &
Sewer
|
|
2.14%
|
Higher Education -
Private
|
|
1.69%
|
Tobacco
Securitization
|
|
1.51%
|
Primary/Secondary Ed.
- Public
|
|
1.09%
|
Higher Education -
Public
|
|
1.01%
|
Port
|
|
0.69%
|
Industrial
Development - Utility
|
|
0.46%
|
Senior
Living
|
|
0.26%
|
Industrial
Development - Industry
|
|
0.19%
|
SUBTOTAL
|
|
58.66%
|
Tax
Supported
|
|
|
Special
Tax
|
|
17.47%
|
State G.O.
|
|
7.72%
|
Local G.O.
|
|
2.48%
|
Tax-Supported State
Lease
|
|
2.44%
|
Assessment
District
|
|
2.08%
|
Tax-Supported Local
Lease
|
|
0.55%
|
SUBTOTAL
|
|
32.74%
|
Prerefunded/ETM
|
|
7.79%
|
Asset-Backed
|
|
|
Housing -
Multi-Family
|
|
0.66%
|
SUBTOTAL
|
|
0.66%
|
Cash
Equivalents
|
|
|
Investment
Companies
|
|
0.15%
|
SUBTOTAL
|
|
0.15%
|
Total
|
|
100.00%
|
State
Breakdown
|
|
Portfolio
%
|
California
|
|
12.18%
|
New York
|
|
11.36%
|
Illinois
|
|
11.06%
|
New Jersey
|
|
8.33%
|
Pennsylvania
|
|
7.72%
|
Connecticut
|
|
5.36%
|
Florida
|
|
4.81%
|
Michigan
|
|
3.81%
|
Texas
|
|
3.53%
|
South
Carolina
|
|
3.10%
|
Wisconsin
|
|
2.90%
|
Alabama
|
|
2.44%
|
Nebraska
|
|
2.08%
|
Colorado
|
|
1.81%
|
Oklahoma
|
|
1.80%
|
Georgia
|
|
1.62%
|
North
Carolina
|
|
1.60%
|
Minnesota
|
|
1.51%
|
Tennessee
|
|
1.39%
|
Arizona
|
|
1.29%
|
Utah
|
|
1.20%
|
Maryland
|
|
1.09%
|
Ohio
|
|
1.06%
|
District of
Columbia
|
|
0.95%
|
Kansas
|
|
0.87%
|
Guam
|
|
0.84%
|
Kentucky
|
|
0.81%
|
West
Virginia
|
|
0.67%
|
Massachusetts
|
|
0.53%
|
Puerto
Rico
|
|
0.53%
|
Hawaii
|
|
0.41%
|
Arkansas
|
|
0.33%
|
Indiana
|
|
0.19%
|
Iowa
|
|
0.19%
|
Louisiana
|
|
0.18%
|
Washington
|
|
0.17%
|
New
Hampshire
|
|
0.13%
|
Other
|
|
0.15%
|
Total
Investments
|
|
100.00%
|
Credit Quality
Breakdown
|
|
Portfolio
%
|
AAA
|
|
4.54%
|
AA
|
|
31.44%
|
A
|
|
32.66%
|
BBB
|
|
20.11%
|
BB
|
|
2.24%
|
D
|
|
0.28%
|
Not Rated
|
|
0.79%
|
Pre-refunded
Bonds
|
|
7.79%
|
Short-Term
Investments
|
|
0.15%
|
Total
Investments
|
|
100.00%
|
Bonds By
Maturity
|
|
Portfolio
%
|
Less than 1
year
|
|
0.15%
|
1 to 5
years
|
|
1.67%
|
5 to 10
years
|
|
21.80%
|
10 to 20
years
|
|
32.76%
|
20 to 30
years
|
|
37.08%
|
More Than 30
years
|
|
6.54%
|
Other
|
|
0.00%
|
Total
Investments
|
|
100.00%
|
Portfolio
Statistics:
|
|
|
AMT
Percent:
|
|
9.87%
|
Average
Coupon:
|
|
4.95%
|
Percentage of
Leverage:
|
|
|
Bank
Borrowing:
|
|
0.00%
|
Investment
Operations:
|
|
0.34%
|
Auction Preferred
Shares (APS):
|
|
0.00%
|
Tender Option
Bonds:
|
|
3.97%
|
Variable Rate
MuniFund Term Preferred Shares (VMTPs):
|
35.17%
|
Total Fund
Leverage:
|
|
39.48%*
|
Average Effective
Maturity:
|
|
4.68
Years
|
Effective
Duration:
|
|
4.26
Years
|
Total Net
Assets:
|
|
$438.68
Million**
|
Common Stock Net
Asset Value:
|
|
$15.26
|
Number of
Holdings:
|
|
181
|
Portfolio
Turnover:
|
|
6%
|
|
* The total
percentage of leverage constitutes 3.97% through the use of tender
option bonds, 35.17% in issued and outstanding VMTPs and
0.340% 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 $232,125,000 of VMTPs at liquidation value, which is
not included 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 U.S.-registered
management investment company advised by AllianceBernstein L.
P.
|
View original
content:https://www.prnewswire.com/news-releases/alliancebernstein-national-municipal-income-fund-releases-monthly-portfolio-update-301430318.html
SOURCE AllianceBernstein National Municipal Income Fund
Copyright 2021 PR Newswire
AllianceBernstein Nation... (NYSE:AFB)
Graphique Historique de l'Action
De Fév 2024 à Mar 2024
AllianceBernstein Nation... (NYSE:AFB)
Graphique Historique de l'Action
De Mar 2023 à Mar 2024