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Saba Capital Management Sells Shares of AllianceBernstein National Municipal Income Fund, Inc. (NYSE: AFB)
Financial Modeling Prep·2025-10-29 07:05

Saba Capital Management, L.P. sold 25,686 shares of AFB at 10.99pershare,retaining2,950,359shares.AFBredeemedallits2018VariableRateMuniFundTermPreferredSharesat10.99 per share, retaining 2,950,359 shares.AFB redeemed all its 2018 Variable Rate MuniFund Term Preferred Shares at 25,000 per share, totaling approximately $88.275 million.The fund's portfolio update highlights top fixed-income holdings with yields of 4.25% and 5.00%, focusing on sectors like revenue health care, airports, and miscellaneous revenue.On October 27, 2025, Saba Capital Management, L.P., a significant stakeholder in AllianceBernstei ...