NEW YORK, Aug. 2, 2018 /PRNewswire/ -- Alliance
California Municipal Income Fund, Inc. (NYSE: AKP),
AllianceBernstein Global High Income Fund, Inc. (NYSE: AWF) and
AllianceBernstein National Municipal Income Fund, Inc. (NYSE: AFB)
(each a "Fund"), each announced today that its Board of Directors
("Board") unanimously approved a new investment advisory agreement
with AllianceBernstein L.P. ("Adviser") containing substantially
identical terms to those in the current advisory agreement.
Under the Investment Company Act of 1940, approval of the new
advisory agreements requires stockholder approval. It is
anticipated that the advisory agreement proposal will be submitted
to each Fund's stockholders at a special meeting of stockholders,
which will be held on October 11,
2018. The close of business on August
13, 2018 has been fixed as the record date for the meeting
of stockholders.
Each Fund is a registered closed-end management investment
company managed by the Adviser.
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SOURCE AllianceBernstein L.P.