AllianceBernstein L. P. News

AllianceBernstein National Municipal Income Fund Releases Monthly Portfolio Update

NEW YORK, June 17 PRNewswire-FirstCall — AllianceBernstein National Municipal Income Fund, Inc. (NYSE: AFB) (the "Fund") today released its monthly portfolio update as of May 31, 2008.

AllianceBernstein National Municipal Income Fund, Inc. Top 10 Fixed-Income Holdings Portfolio% 1) Texas Trnsp Comm 5.000% (04/01/23) 3.12% 2) O'Hare Intl Arpt 5.375% (01/01/32) 2.16% 3) Bexar Cnty TX Hsg Fin MBIA 5.550% (10/01/36) 2.12% 4) Wisconsin Hlth & Ed Fac MBIA 5.250% (02/15/32) 1.99% 5) Truckee Meadows NV Wtr Auth Wt 5.250% (07/01/34) 1.85% 6) Clark Cnty NV FGIC Airport Rev 5.250% (07/01/34) 1.84% 7) Univ IL Brd Trustees Cop 5.250% (10/01/26) 1.63% 8) Indianapolis IN MBIA Pub Impro 5.250% (07/01/33) 1.57% 9) Twenty-fifth Ave Pptys MBIA 5.250% (06/01/33) 1.43% 10) Chicago IL Go Ser 00 FGIC 5.500% (01/01/40) 1.41% Sector/Industry Breakdown Portfolio% Muni: Hospital/Health Care 14.96% Airport Facility 9.63% General Obligation 9.01% Corporate - Utility (Water) 7.28% Transportation 7.20% Education 6.95% Higher Education 6.91% Housing-Rental Units 5.35% Special Tax 4.49% Water/SWR 4.33% Community Facility 4.12% Housing-Mortgages 3.06% Continuing Care Facility 2.77% Cop/Lease Rental 2.45% Resource Recovery/Solid Waste 2.43% Miscellaneous 1.75% Corporate - Utility (Gas) 1.59% Utility 1.33% Student Loan 1.20% Assessment District 0.85% Corporate - Industrial 0.57% Misc. Purposes 0.56% Industrial 0.33% Port Facility 0.27% Corporate - Energy 0.25% Housing 0.21% Public Housing Authority 0.15% SUBTOTAL 100.00% Total 100.00% State Breakdown Portfolio% Texas 16.58% Illinois 11.09% Florida 9.43% California 6.70% Nevada 6.41% Wisconsin 3.84% Alabama 3.72% Michigan 3.66% Colorado 3.11% Massachusetts 2.91% Indiana 2.74% New York 2.65% Tennessee 2.55% Louisiana 2.49% Washington 2.18% Ohio 2.12% Pennsylvania 1.93% South Carolina 1.55% Alaska 1.40% Puerto Rico 1.36% Virginia 1.22% New Jersey 1.12% Arizona 1.00% Georgia 0.92% Rhode Island 0.84% New Hampshire 0.79% Mississippi 0.72% Oregon 0.68% North Dakota 0.66% Hawaii 0.65% North Carolina 0.61% District of Columbia 0.52% Utah 0.52% Arkansas 0.45% Minnesota 0.31% Missouri 0.23% Kansas 0.18% Iowa 0.09% New Mexico 0.07% Total 100.00% Credit Quality Breakdown Portfolio% AAA 45.74% AA 20.56% A 15.79% BBB 13.64% BB 3.77% B 0.50% Total 100.00% Portfolio Statistics AMT Percentage: 20.81% Average Coupon: 5.43% Percentage of Leverage: Bank Loans: 0% Investment Operations: 0.59% Preferred Stock: 28.77% Total: 29.36%* Avg. Maturity: 13.80 Years Duration: 6.17 Years Total Net Assets: $699.8 Million Net Asset Value: $14.47 Number of Holdings: 219

* The total percentage of leverage constitutes 28.77% in issued and outstanding preferred stock and 0.59% 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 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.

SOURCE AllianceBernstein National Municipal Income Fund, Inc.

Send this news item to a friend.

Print This Page