NEW YORK, Dec. 28, 2010 /PRNewswire/ -- AllianceBernstein National Municipal Income Fund, Inc.[NYSE: AFB] (the "Fund") today released its monthly portfolio update as of November 30, 2010.
AllianceBernstein National Municipal Income Fund, Inc. Top 10 Fixed-Income Holdings Portfolio % 1) Texas Transp Commission Series 07 5.00%, 4/01/23 3.33% 2) Wayne State Univ MI Series 2009 5.00%, 11/15/29 2.50% 3) Chicago IL O'hare Intl Arpt (O'hare Intl Arpt) 2.22% NPFGC Series A 5.375%,1/01/32 4) Wisconsin Hlth & Ed Fac Auth (Ministry Health 1.97% Care, Inc.) NPFGC Series 02A 5.25%, 2/15/32 5) Univ of Illinois AGM Series 07A 5.25%, 1.65% 10/01/26 6) Bexar Cnty TX HFC MFHR (Doral Club & Sutton 1.62% House Apts) NPFGC Series 01A 5.55%, 10/01/36 7) Indianapolis IN Loc Bond Bank NPFGC Series 2A 1.58% 5.25%, 7/01/33 (Prerefunded/ETM) 8) Twenty Fifth Ave Pptys WA (Univ of WA Dorm 1.43% 25th Ave) NPFGC Series 02 5.25%, 6/01/33 9) Texas GO Series 02A 5.50%, 8/01/41 1.42% 10) Los Angeles CA Regl Arpts (Laxfuel Corp.) 1.38% AMBAC Series 01 5.50%, 1/01/32 Sector/Industry Breakdown Portfolio % Prerefunded/ETM 11.32% Health Care - Not-for-Profit 10.73% Airport 8.18% Special Tax 8.07% Insured 7.90% Local G.O. 6.22% State G.O. 5.58% Assessment District 4.87% Higher Education - Public 4.57% Revenue - Miscellaneous 3.46% Water & Sewer 3.26% Housing - Multi-Family 2.91% Industrial Development -Utility 2.55% Tax-Supported Local Lease 2.44% Guaranteed 2.29% Tax-Supported State Lease 2.16% Housing - Single Family 2.14% Industrial Development - Industry 2.14% Higher Education - Private 1.79% State Lease 1.65% Industrial Development -Airline 1.38% Student Loan 1.14% Senior Living 0.84% Health Care - Municipal 0.81% Prepay Energy 0.62% Primary/Secondary Ed. -Public 0.48% Toll Roads/Transit 0.26% Electric Utility 0.24% Total 100.00% State Breakdown Portfolio % Texas 18.64% California 11.69% Illinois 8.90% Florida 7.32% Michigan 4.85% Washington 3.67% Alabama 3.56% Colorado 3.46% Wisconsin 3.25% New York 3.18% Louisiana 2.57% Indiana 2.56% Pennsylvania 2.55% Nevada 2.44% Ohio 2.06% Massachusetts 1.82% South Carolina 1.57% Alaska 1.53% Tennessee 1.49% Puerto Rico 1.42% Hawaii 1.39% Virginia 1.25% Arizona 1.03% New Jersey 0.91% Georgia 0.91% Rhode Island 0.81% New Hampshire 0.78% Oregon 0.71% North Carolina 0.62% Mississippi 0.59% District of Columbia 0.52% Missouri 0.49% North Dakota 0.42% Minnesota 0.32% Arkansas 0.24% Utah 0.22% Kansas 0.19% Iowa 0.07% Total Investments 100.00% Credit Quality Breakdown Portfolio % AAA 18.24% AAA(Pre-refunded Bonds) 11.32% AA 25.70% A 25.07% BBB 13.28% BB 1.42% Not Rated 4.97% Total Investments 100.00% Portfolio Statistics: AMT Percentage: 19.89% Average Coupon: 5.53% Percentage of Leverage: Bank Borrowing: 0.00% Investment Operations: 0.45% Preferred Stock: 37.71% Tender Option Bonds: 6.66% Term Asset-Backed Loans Facility (TALF): 0.00% Total Fund Leverage: 44.82%* Average Maturity: 8.81 Years Effective Duration: 6.19 Years Total Net Assets: $642.27 Million** Common Stock Net Asset Value: $13.94 Number of Holdings: 218 * The total percentage of leverage constitutes 6.66% through the use of tender option bonds, 37.71% in issued and outstanding preferred stock and 0.45% 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. ** Includes 242,225,000 of preferred stock at liquidation value. 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.
AllianceBernstein National Municipal Income Fund, Inc.
CONTACT: Shareholder Contact: +1-800-221-5672
Web Site: http://www.alliancebernstein.com/
