AllianceBernstein National Municipal Income Fund

AllianceBernstein National Municipal Income Fund is a closed-end fixed income mutual fund that focuses on generating high current income exempt from regular federal income tax. The fund primarily invests at least 80% of its net assets in municipal bonds, with a minimum of 75% allocated to investment-grade municipal securities or unrated bonds of comparable quality. Its portfolio is constructed to deliver tax-advantaged returns by targeting bonds that, in the opinion of the issuer’s bond counsel, provide interest income free from regular federal tax liability. Managed by AllianceBernstein L.P., the fund utilizes both quantitative and fundamental analysis to select its holdings, emphasizing diversified exposure to the U.S. municipal bond market. Since its inception in 2001, the AllianceBernstein National Municipal Income Fund has played a notable role for investors seeking tax-efficient income, especially those in higher tax brackets. This fund’s disciplined distribution policy and focus on investment-grade securities make it a significant vehicle for participants in the asset management and financial services sector aiming to preserve capital and earn reliable, tax-exempt income.