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AllianceBernstein National Municipal Income Fund, Inc. (AFB) institutional ownership

Latest close $10.95 Jul 29, 2026
Market cap$310M 52-week range SectorFinancial Services
Funds holding · Q1 2026
82
reported AFB position changes
Top owners · Q1 2026
No disclosed owners are available.
Institutional activity · Q1 2026
Activity unavailable N/A
53 buyers · 29 sellers

AllianceBernstein National Municipal Income Fund, Inc. (AFB) price and institutional activity

Dates

Q1 2026

$0 bought by 53 investors
Karpus Management, Inc.Rareview Capital LLC +51 more
$0 sold by 29 investors
Saba Capital Management, L.P.Lido Advisors, LLC +27 more
Bought Sold Totals per quarter; hover a bar for the names.

AllianceBernstein National Municipal Income Fund, Inc. (AFB) institutional activity · 82

Investor Type Est. change Change Δ Own Date
Saba Capital Management, L.P. · Reduced
Change −2.3M Date Q1 2026
Saba Capital Management, L.P. Reduced· Q1 2026 −2.3M Q1 2026
Karpus Management, Inc. · Added
Change +1.0M Date Q1 2026
Karpus Management, Inc. Added· Q1 2026 +1.0M Q1 2026
Rareview Capital LLC · New
Change +420K Date Q1 2026
Rareview Capital LLC New· Q1 2026 +420K Q1 2026
Pathstone Holdings, LLC · Added
Change +346K Date Q1 2026
Pathstone Holdings, LLC Added· Q1 2026 +346K Q1 2026
Lido Advisors, LLC · Reduced
Change −275K Date Q1 2026
Lido Advisors, LLC Reduced· Q1 2026 −275K Q1 2026
Sit Investment Associates Inc · Added
Change +196K Date Q1 2026
Sit Investment Associates Inc Added· Q1 2026 +196K Q1 2026
Robinson Capital Management, LLC · Added
Change +181K Date Q1 2026
Robinson Capital Management, LLC Added· Q1 2026 +181K Q1 2026
Morgan Stanley · Added
Change +165K Date Q1 2026
Morgan Stanley Added· Q1 2026 +165K Q1 2026
Royal Bank of Canada · Reduced
Change −137K Date Q1 2026
Royal Bank of Canada Reduced· Q1 2026 −137K Q1 2026
UBS Group AG · Reduced
Change −129K Date Q1 2026
UBS Group AG Reduced· Q1 2026 −129K Q1 2026
Altium Capital Management LLC · Added
Change +125K Date Q1 2026
Altium Capital Management LLC Added· Q1 2026 +125K Q1 2026
Fiera Capital Corp · Reduced
Change −120K Date Q1 2026
Fiera Capital Corp Reduced· Q1 2026 −120K Q1 2026
Balyasny Asset Management L.P. · Exited
Change −94K Δ Own −100.0% Date Q1 2026
Balyasny Asset Management L.P. Exited· Q1 2026 −94K −100.0% Q1 2026
Summit Trail Advisors, LLC · New
Change +64K Date Q1 2026
Summit Trail Advisors, LLC New· Q1 2026 +64K Q1 2026
Petra Financial Advisors Inc · New
Change +53K Date Q1 2026
Petra Financial Advisors Inc New· Q1 2026 +53K Q1 2026
Data through Q1 2026 · filed May 20, 2026
15 of 82

Famous investor activity in AllianceBernstein National Municipal Income Fund, Inc. (AFB)

AllianceBernstein National Municipal Income Fund, Inc. (AFB) insider trading

Company insiders, action and economics first; trade and filed dates last.
Dates
Insider Title Type Price Qty Value Owned ΔOwn Trade date Filed date
Gerken R. Jay · Director Buy +$27K
Price $10.96 Qty +2K Owned 2K Trade date May 22, 2026 Filed date May 27, 2026
Gerken R. Jay Director Buy $10.96 +2K +$27K 2K May 22, 2026 May 27, 2026
Moody Garry L. · Director Sell −$148K
Price $10.96 Qty −14K Owned 0 Trade date Apr 21, 2026 Filed date Apr 22, 2026
Moody Garry L. Director Sell $10.96 −14K −$148K 0 Apr 21, 2026 Apr 22, 2026
2 of 2

AllianceBernstein National Municipal Income Fund, Inc. (AFB) activist and large shareholders

Dates
Owner/Filer identity Shares reported % of shares outstanding Filing date
Wells Fargo & Company 4K
% of shares outstanding 38.0% Filing date Sep 25, 2023
Wells Fargo & Company 4K 38.0% Sep 25, 2023
Saba Capital Management, L.P. 3.0M
% of shares outstanding 10.3% Filing date May 20, 2024
Saba Capital Management, L.P. 3.0M 10.3% May 20, 2024
Karpus Management, Inc. 2.6M
% of shares outstanding 8.9% Filing date May 14, 2026
Karpus Management, Inc. 2.6M 8.9% May 14, 2026
Saba Capital Management, L.P. 2.3M
% of shares outstanding 8.2% Filing date Jan 11, 2024
Saba Capital Management, L.P. 2.3M 8.2% Jan 11, 2024
Morgan Stanley 1.3M
% of shares outstanding 4.5% Filing date Feb 12, 2024
Morgan Stanley 1.3M 4.5% Feb 12, 2024
First Trust Portfolios LP 915K
% of shares outstanding 3.2% Filing date Feb 8, 2023
First Trust Portfolios LP 915K 3.2% Feb 8, 2023
Bank of America Corp
% of shares outstanding 0.0% Filing date Dec 13, 2024
Bank of America Corp 0.0% Dec 13, 2024
7 of 7

AllianceBernstein National Municipal Income Fund, Inc. (AFB) ownership FAQ

Who owns AFB?

82 reporting institutions disclosed AFB position changes in the Q1 2026 snapshot.

How is institutional activity calculated?

For each manager, WhoBought compares accepted consecutive 13F share counts. Share change is current shares minus prior shares. Estimated dollar change is that signed share change multiplied by the split-adjusted quarter-mean close. The activity table on this page uses Q1 2026.

What are activist and large shareholder filings?

An investor crossing 5% of a share class generally files Schedule 13D for activist intent or Schedule 13G for a passive position. The technical form names appear here rather than in the activity rows.

Where does this data come from?

Ownership and institutional activity come from SEC Form 13F filings. Insider activity comes from SEC Form 4, and large-shareholder activity from SEC Schedules 13D and 13G. FMP supplies price data only. Company logos use the local verified Parqet cache with one shared fallback.

Why are ownership reports delayed?

Form 13F is a quarterly disclosure and is normally filed after the quarter ends. Every ownership and activity value therefore names its represented period; it is not presented as a live position.

How are missing table values shown?

A muted dash marks a missing table value. It means the filing omitted the value, comparable data is unavailable, or no prior position exists for comparison.