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Saba Capital sells AllianceBernstein (AFB) shares for $21,563

Published 23/10/2025, 17:42
Saba Capital sells AllianceBernstein (AFB) shares for $21,563
AFB
-0.36%

Saba Capital Management, L.P., a ten percent owner of ALLIANCEBERNSTEIN NATIONAL MUNICIPAL INCOME FUND (NYSE:AFB), sold 1,955 shares of common stock at $11.03 on October 22, 2025, for a total of $21,563. The $315 million market cap fund currently offers a 5.14% dividend yield and has maintained dividend payments for 24 consecutive years, according to InvestingPro data.

Following the transaction, Saba Capital Management, L.P. indirectly owns 3,017,287 shares of ALLIANCEBERNSTEIN NATIONAL MUNICIPAL INCOME FUND. The fund trades with notably low price volatility, with a beta of 0.66, and maintains a FAIR overall financial health score. InvestingPro subscribers can access additional insights and metrics about AFB’s performance and valuation.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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