Core Insights - Saba Capital Management sold 25,686 shares of AllianceBernstein National Municipal Income Fund, Inc. (AFB) at $10.99 per share, retaining 2,950,359 shares post-sale [1][5] - AFB redeemed all its 2018 Variable Rate MuniFund Term Preferred Shares at $25,000 per share, totaling approximately $88.275 million [2][5] - AFB's portfolio update as of September 30, 2025, highlights top fixed-income holdings with yields of 4.25% and 5.00%, focusing on sectors such as revenue health care, airports, and miscellaneous revenue [3][5] Financial Performance - The current price of AFB is $11.02, reflecting a 0.58% increase, with a trading volume of 138,105 shares on the NYSE [4] - AFB's market capitalization is approximately $316.87 million, with a 52-week price range of $9.78 to $11.58 [4]
Saba Capital Management Sells Shares of AllianceBernstein National Municipal Income Fund, Inc. (NYSE: AFB)
Financial Modeling Prepยท2025-10-28 23:05