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Alliance National Municipal Income Fund Inc (AFB) [hlAlert]

AllianceBernstein National Municipal Income Fund, Inc. (the Fund), formerly Alliance National Municipal Income Fund, Inc., is a diversified, closed-end management investment company. It seeks to provide high current income exempt from regular federal income tax by investing substantially all of its net assets in municipal securities that pay interest that is
exempt from federal income tax. It will invest at least 80% of its net assets in municipal securities paying interest that is exempt from regular federal income tax. The Fund also will invest at least 75% of its assets in investment-grade municipal securities or unrated municipal securities considered to be of comparable quality. The Fund may invest up to 25% of its net assets in municipal bonds rated below investment grade and unrated municipal bonds considered to be of comparable quality as determined by the Fund?s investment adviser, AllianceBernstein L.P. On May 18, 2007, the Fund acquired ACM Municipal Securities Income Fund.
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( Total: Current Stock Recommendations )
Alliance National Municipal Income Fund Inc   ()
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