#United States #New York #AllianceBernstein #Investment Income #Closed-End Funds

AllianceBernstein Closed-End Funds Announcement

On December 23, 2024, AllianceBernstein Closed-End Funds made a significant announcement regarding distribution rates, marking a notable event for investors and stakeholders. In this release, the funds outlined the upcoming distributions, providing crucial dates that investors should mark on their calendars.

Fund Distributions Overview

The announcement detailed distributions for two specific funds managed by AllianceBernstein L.P.:

1. AllianceBernstein Global High Income Fund, Inc. (NYSE: AWF)
- Ex-Date: January 2, 2025
- Record Date: January 2, 2025
- Payment Date: January 17, 2025
- Distribution Amount: $0.0655 per share of investment income

2. AllianceBernstein National Municipal Income Fund, Inc. (NYSE: AFB)
- Ex-Date: January 2, 2025
- Record Date: January 2, 2025
- Payment Date: January 17, 2025
- Distribution Amount: $0.03961 per share of investment income

This announcement comes as no surprise, as AllianceBernstein has a consistent track record of providing reliable income distributions to its investors. The clarity of these announcements allows investors to plan their financial strategies, ensuring that they remain informed on critical financial matters impacting their portfolios.

Importance of Distribution Dates

Understanding and planning around distribution dates is essential for investors in closed-end funds. The ex-date is particularly important because it determines who is eligible to receive distributions. Investors who purchase shares before the ex-date will receive the upcoming distribution, while those who buy shares on or after this date will not be entitled to the payment. This can significantly impact the trading strategies of investors looking to optimize their income from investments.

Trust in AllianceBernstein

AllianceBernstein continues to demonstrate its commitment to its investors by maintaining transparency regarding distribution policies and providing clear timelines. The firm's expertise and strategic management of its funds contribute to investor confidence, making it a trusted partner in the financial landscape.

For those considering their options in closed-end funds, the proper timing around these dates can maximize investment returns. AllianceBernstein’s focused communication ensures that all stakeholders are well-informed, thus reinforcing their position in the financial market.

Conclusion

The announcement from AllianceBernstein regarding the distribution rates of its closed-end funds highlights the importance of timely financial information in investment decision-making. As distribution dates approach, investors are encouraged to review their portfolios and consider their next steps, ensuring they leverage the benefits that these distributions can provide. With strong management and a focus on delivering value to shareholders, AllianceBernstein's funds remain a pivotal choice for income-focused investors looking for solid returns in the current market environment.