0001752724-21-206956.txt : 20210924 0001752724-21-206956.hdr.sgml : 20210924 20210924125311 ACCESSION NUMBER: 0001752724-21-206956 CONFORMED SUBMISSION TYPE: NPORT-P PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20210731 FILED AS OF DATE: 20210924 PERIOD START: 20211031 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ALLIANCEBERNSTEIN NATIONAL MUNICIPAL INCOME FUND CENTRAL INDEX KEY: 0001162027 IRS NUMBER: 000000000 FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: NPORT-P SEC ACT: 1940 Act SEC FILE NUMBER: 811-10573 FILM NUMBER: 211276366 BUSINESS ADDRESS: STREET 1: ALLIANCEBERNSTEIN LP STREET 2: 1345 AVENUE OF THE AMERICAS CITY: NEW YORK STATE: NY ZIP: 10105 BUSINESS PHONE: 2129692124 MAIL ADDRESS: STREET 1: ALLIANCEBERNSTEIN LP STREET 2: 1345 AVE OF THE AMERICAS CITY: NEW YORK STATE: NY ZIP: 10105 FORMER COMPANY: FORMER CONFORMED NAME: ALLIANCE NATIONAL MUNICIPAL INCOME FUND DATE OF NAME CHANGE: 20011108 NPORT-P 1 primary_doc.xml NPORT-P false 0001162027 XXXXXXXX ALLIANCEBERNSTEIN NATIONAL MUNICIPAL INCOME FUND 811-10573 0001162027 MNYPOOOZYY8V01GEIT28 ALLIANCEBERNSTEIN LP 1345 AVENUE OF THE AMERICAS NEW YORK 10105 212-969-1000 ALLIANCEBERNSTEIN NATIONAL MUNICIPAL INCOME FUND MNYPOOOZYY8V01GEIT28 2021-10-31 2021-07-31 N 712932382.53 261175613.57 451756768.96 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 26095000.00000000 0.00000000 0.00000000 0.00000000 2228260.00000000 0.00000000 232125000.00000000 0.00000000 USD N University of California N/A UNIV OF CALIFORNIA CA REVENUES 91412G5N1 2875000.00000000 PA USD 3121105.18000000 0.690881774098 Long DBT MUN US N 2 2030-05-15 Fixed 5.00000000 N N N N N N Municipal Electric Authority of Georgia JA0WNILDDF2KUPS83B16 MUNI ELEC AUTH OF GEORGIA 6262078G2 1100000.00000000 PA USD 1275392.25000000 0.282318348640 Long DBT MUN US N 2 2051-01-01 Fixed 4.00000000 N N N N N N Montgomery County Higher Education and Health Authority N/A MONTGOMERY CNTY PA HGR EDU & HLTH AUTH 613603YY9 7250000.00000000 PA USD 8931652.00000000 1.977093120389 Long DBT MUN US N 2 2048-09-01 Fixed 5.00000000 N N N N N N Wisconsin Center District N/A WISCONSIN CENTER DIST WI TAX REVENUE 976595FT0 3300000.00000000 PA USD 1905647.37000000 0.421830396562 Long DBT MUN US N 2 2040-12-15 None 0.00000000 N N N N N N Municipal Electric Authority of Georgia JA0WNILDDF2KUPS83B16 MUNI ELEC AUTH OF GEORGIA 6262072R4 160000.00000000 PA USD 195813.23000000 0.043344835861 Long DBT MUN US N 2 2048-01-01 Fixed 5.00000000 N N N N N N Bucks County Industrial Development Authority N/A BUCKS CNTY PA INDL DEV AUTH HOSP REVENUE 11861MBM7 2250000.00000000 PA USD 2575126.80000000 0.570025061479 Long DBT MUN US N 2 2051-07-01 Fixed 4.00000000 N N N N N N Miami Beach Health Facilities Authority N/A MIAMI BEACH FL HLTH FACS AUTH 593211EW1 9250000.00000000 PA USD 10303883.95000000 2.280847716730 Long DBT MUN US N 2 2039-11-15 Fixed 5.00000000 N N N N N N Washington State Housing Finance Commission 549300YL1HU59NREG764 WASHINGTON ST HSG FIN COMMISSION 93978TS59 997710.45000000 PA USD 1177680.25000000 0.260689010307 Long DBT MUN US N 2 2035-12-20 Fixed 3.50000000 N N N N N N Colorado Health Facilities Authority 5493002JB6DRFRZPEQ21 COLORADO ST HLTH FACS AUTH HOSP REVENUE 19648FKS2 4335000.00000000 PA USD 5434287.51000000 1.202923317012 Long DBT MUN US N 2 2044-08-01 Fixed 5.00000000 N N N N N N South Carolina Public Service Authority EMBXY64GWKA9MZGFUD26 SOUTH CAROLINA ST PUBLIC SVC AUTH REVENUE 837151KL2 1000000.00000000 PA USD 1140520.10000000 0.252463311756 Long DBT MUN US N 2 2046-12-01 Fixed 5.00000000 N N N N N N Massachusetts School Building Authority N/A MASSACHUSETTS ST SCH BLDG AUTH SALES TAX REVENUE 576000NH2 2480000.00000000 PA USD 2606270.94000000 0.576919067754 Long DBT MUN US N 2 2030-08-15 Fixed 5.00000000 N N N N N N Public Finance Authority 5493004S6D3NA627K012 PUBLIC FIN AUTH WI HLTHCARE FACS REVENUE 74444KBZ6 2250000.00000000 PA USD 2605723.20000000 0.576797821092 Long DBT MUN US N 2 2056-07-01 Fixed 4.00000000 N N N N N N Pennsylvania Turnpike Commission 549300J8LLBYEYEXZJ24 PENNSYLVANIA ST TURNPIKE COMMISSION TURNPIKE REVENUE 709224CQ0 1000000.00000000 PA USD 1151919.00000000 0.254986550096 Long DBT MUN US N 2 2033-12-01 Fixed 5.00000000 N N N N N N Los Angeles Department of Water & Power Power System Revenue N/A LOS ANGELES CA DEPT WTR & PWR REVENUE 544495W91 90000.00000000 PA USD 96243.56000000 0.021304287309 Long DBT MUN US N 2 2030-07-01 Fixed 5.00000000 N N N N N N Pennsylvania Turnpike Commission 549300J8LLBYEYEXZJ24 PENNSYLVANIA ST TURNPIKE COMMISSION TURNPIKE REVENUE 709224CP2 2855000.00000000 PA USD 3292160.74000000 0.728746300266 Long DBT MUN US N 2 2032-12-01 Fixed 5.00000000 N N N N N N Michigan Finance Authority 54930022O46HOX5J1D14 MICHIGAN ST FIN AUTH REVENUE 59447PYS4 2250000.00000000 PA USD 2436971.63000000 0.539443301670 Long DBT MUN US N 2 2034-07-01 Fixed 5.00000000 N N N N N N Arlington Higher Education Finance Corp N/A ARLINGTON TX HGR EDU FIN CORP EDU REVENUE 041806BM1 4805000.00000000 PA USD 5500563.63000000 1.217594070070 Long DBT MUN US N 2 2039-08-15 Fixed 5.00000000 N N N N N N Plymouth Educational Center Charter School N/A PLYMOUTH MI EDUCTNL CENTER CHRT SCH PUBLIC SCH ACADEMY REVEN 729693AL5 2140000.00000000 PA USD 1944416.84000000 0.430412331059 Long DBT MUN US Y 2 2023-11-01 Fixed 5.12500000 N N N N N N Metropolitan Washington Airports Authority Aviation Revenue N/A MET WASHINGTON DC ARPTS AUTH ARPT SYS REVENUE 592647DD0 1000000.00000000 PA USD 1207128.00000000 0.267207506990 Long DBT MUN US N 2 2035-10-01 Fixed 5.00000000 N N N N N N Alachua County Health Facilities Authority N/A ALACHUA CNTY FL HLTH FACS AUTH 010685KF1 4560000.00000000 PA USD 5182543.97000000 1.147197856477 Long DBT MUN US N 2 2044-12-01 Fixed 5.00000000 N N N N N N State of Connecticut 5493007GRO6CU0IKP741 CONNECTICUT ST 20772JNP3 7165000.00000000 PA USD 7833766.05000000 1.734067221180 Long DBT MUN US N 2 2027-07-15 Fixed 5.00000000 N N N N N N Anaheim Public Financing Authority N/A ANAHEIM CA PUBLIC FING AUTH LEASE REVENUE 03255LGU7 3500000.00000000 PA USD 3873538.55000000 0.857438961881 Long DBT MUN US N 2 2039-05-01 Fixed 5.00000000 N N N N N N Chattanooga Health Educational & Housing Facility Board N/A CHATTANOOGA TN HLTH EDUCTNL &HSG FAC BRD REVENUE 162410EK6 275000.00000000 PA USD 324729.87000000 0.071881572632 Long DBT MUN US N 2 2038-08-01 Fixed 4.00000000 N N N N N N Alliance Bernstein 5493006YWHO7MNK2U579 AB Fixed Income Shares, Inc. - Government Money Market Portfolio 018616748 2163409.48000000 NS USD 2163409.48000000 0.478888116049 Long STIV RF US N 1 N N N Pennsylvania Turnpike Commission 549300J8LLBYEYEXZJ24 PENNSYLVANIA ST TURNPIKE COMMISSION TURNPIKE REVENUE 709224CN7 2500000.00000000 PA USD 2882941.25000000 0.638162269629 Long DBT MUN US N 2 2031-12-01 Fixed 5.00000000 N N N N N N State of Illinois 54930048FV8RWPR02D67 ILLINOIS ST 4521522K6 1000000.00000000 PA USD 1239972.90000000 0.274477990192 Long DBT MUN US N 2 2027-10-01 Fixed 5.00000000 N N N N N N Pennsylvania Economic Development Financing Authority N/A PENNSYLVANIA ST ECON DEV FINGAUTH REVENUE 70869PHX8 6060000.00000000 PA USD 7048633.25000000 1.560271751152 Long DBT MUN US N 2 2042-06-30 Fixed 5.00000000 N N N N N N Parish of St John the Baptist LA N/A SAINT JOHN THE BAPTIST PARISH LA REVENUE 79020FAY2 950000.00000000 PA USD 998424.26000000 0.221009252899 Long DBT MUN US N 2 2037-06-01 Floating 2.20000000 N N N N N N Ulster County Capital Resource Corp N/A ULSTER CNTY NY CAPITAL RESOURCE CORP REVENUE 903768AE9 205000.00000000 PA USD 209828.53000000 0.046447235418 Long DBT MUN US N 2 2042-09-15 Fixed 5.25000000 N N N N N N City of Lawrence KS 5493004LLF0HG6XS2E46 LAWRENCE KS HOSP REVENUE 520134FV4 5000000.00000000 PA USD 6126504.00000000 1.356151013321 Long DBT MUN US N 2 2048-07-01 Fixed 5.00000000 N N N N N N Detroit Downtown Development Authority 549300WO3NSMP6FECO66 DETROIT MI DOWNTOWN DEV AUTH TAX INCREMENT REVENUE 251135GR4 3020000.00000000 PA USD 3385962.09000000 0.749509984719 Long DBT MUN US N 2 2043-07-01 Fixed 5.00000000 N N N N N N Illinois State Toll Highway Authority 549300ISBFGI8MJJKM98 ILLINOIS ST TOLL HIGHWAY AUTH 452252LE7 3000000.00000000 PA USD 3531588.60000000 0.781745585822 Long DBT MUN US N 2 2040-01-01 Fixed 5.00000000 N N N N N N New Jersey Transportation Trust Fund Authority 549300YUVD5TEXR6L889 NEW JERSEY ST TRANSPRTN TRUST FUND AUTH 6461365J6 800000.00000000 PA USD 932030.24000000 0.206312401725 Long DBT MUN US N 2 2037-06-15 Fixed 4.00000000 N N N N N N Puerto Rico Sales Tax Financing Corp Sales Tax Revenue N/A PUERTO RICO SALES TAX FING CORP SALES TAX REVENUE 74529JRH0 540000.00000000 PA USD 613687.91000000 0.135844762528 Long DBT MUN PR N 2 2040-07-01 Fixed 4.32900000 N N N N N N Municipal Electric Authority of Georgia JA0WNILDDF2KUPS83B16 MUNI ELEC AUTH OF GEORGIA 6262077H1 425000.00000000 PA USD 490980.95000000 0.108682588449 Long DBT MUN US N 2 2051-01-01 Fixed 4.00000000 N N N N N N Municipal Electric Authority of Georgia JA0WNILDDF2KUPS83B16 MUNI ELEC AUTH OF GEORGIA 6262072T0 165000.00000000 PA USD 201486.40000000 0.044600637742 Long DBT MUN US N 2 2059-01-01 Fixed 5.00000000 N N N N N N State of Illinois 54930048FV8RWPR02D67 ILLINOIS ST 452152WX5 1655000.00000000 PA USD 1847410.96000000 0.408939298076 Long DBT MUN US N 2 2030-04-01 Fixed 5.00000000 N N N N N N State of Alabama Docks Department N/A ALABAMA ST PORT AUTH DOCKS FACS REVENUE 010604CM6 2000000.00000000 PA USD 2424206.80000000 0.536617703721 Long DBT MUN US N 2 2036-10-01 Fixed 5.00000000 N N N N N N State of Connecticut Special Tax Revenue N/A CONNECTICUT ST SPL TAX OBLIG REVENUE 207758MC4 5000000.00000000 PA USD 5080433.00000000 1.124594770698 Long DBT MUN US N 2 2028-12-01 Fixed 5.00000000 N N N N N N North Carolina Turnpike Authority 549300FCT1PN0GJGQ240 NORTH CAROLINA ST TURNPIKE AUTH 65830RCK3 5000000.00000000 PA USD 6128835.50000000 1.356667109628 Long DBT MUN US N 2 2040-01-01 Fixed 5.00000000 N N N N N N Butler County Hospital Authority N/A BUTLER CNTY PA HOSP AUTH 123592DQ7 1885000.00000000 PA USD 2144110.78000000 0.474616193341 Long DBT MUN US N 2 2035-07-01 Fixed 5.00000000 N N N N N N Puerto Rico Sales Tax Financing Corp Sales Tax Revenue N/A PUERTO RICO SALES TAX FING CORP SALES TAX REVENUE 74529JPX7 2625000.00000000 PA USD 3060828.75000000 0.677539100752 Long DBT MUN PR N 2 2058-07-01 Fixed 5.00000000 N N N N N N Central Texas Regional Mobility Authority N/A CENTRL TX REGL MOBILITY AUTH REVENUE 155498ES3 3500000.00000000 PA USD 4104343.25000000 0.908529441506 Long DBT MUN US N 2 2040-01-01 Fixed 5.00000000 N N N N N N Chattanooga Health Educational & Housing Facility Board N/A CHATTANOOGA TN HLTH EDUCTNL &HSG FAC BRD REVENUE 162410FF6 705000.00000000 PA USD 879140.71000000 0.194604878201 Long DBT MUN US N 2 2049-08-01 Fixed 5.00000000 N N N N N N Detroit City School District N/A DETROIT MI CITY SCH DIST 251130ET3 5000000.00000000 PA USD 5181351.50000000 1.146933893636 Long DBT MUN US N 2 2026-05-01 Fixed 5.00000000 N N N N N N Allegheny County Hospital Development Authority 54930046B973R604OG22 ALLEGHENY CNTY PA HOSP DEV AUTH 01728A4A1 5000000.00000000 PA USD 6080761.50000000 1.346025542461 Long DBT MUN US N 2 2047-04-01 Fixed 5.00000000 N N N N N N Chicago Board of Education 54930099NR6T9V7LVB43 CHICAGO IL BRD OF EDU 167505WN2 1260000.00000000 PA USD 1638250.61000000 0.362639969683 Long DBT MUN US N 2 2029-12-01 Fixed 5.00000000 N N N N N N Ulster County Capital Resource Corp N/A ULSTER CNTY NY CAPITAL RESOURCE CORP REVENUE 903768AD1 490000.00000000 PA USD 498753.41000000 0.110403085082 Long DBT MUN US N 2 2037-09-15 Fixed 5.00000000 N N N N N N New Jersey Economic Development Authority 5493006JS6QWDVU4R678 NEW JERSEY ST ECON DEV AUTH REVENUE 6459186D0 2500000.00000000 PA USD 2814371.75000000 0.622983858433 Long DBT MUN US N 2 2031-06-15 Fixed 5.00000000 N N N N N N County of Cuyahoga OH 549300GHDK9DGLUNJU89 CUYAHOGA CNTY OH HOSP REVENUE 2322655Q7 1500000.00000000 PA USD 1753756.20000000 0.388208062501 Long DBT MUN US N 2 2042-02-15 Fixed 5.00000000 N N N N N N Metropolitan Pier & Exposition Authority 254900I3VDCQ58UGBR15 MET PIER & EXPOSITION AUTH IL REVENUE 592250DM3 8755000.00000000 PA USD 10937011.28000000 2.420995551473 Long DBT MUN US N 2 2050-06-15 Fixed 5.00000000 N N N N N N Arizona Industrial Development Authority N/A ARIZONA ST INDL DEV AUTH NATIONAL CHRT SCH REVOLVING LOAN FD 04052FBV6 2855000.00000000 PA USD 3332847.06000000 0.737752544953 Long DBT MUN US N 2 2050-11-01 Fixed 4.00000000 N N N N N N New Jersey Turnpike Authority 5493005YN67D71KSMI84 NEW JERSEY ST TURNPIKE AUTH 6461392B0 6500000.00000000 PA USD 6951883.90000000 1.538855503151 Long DBT MUN US N 2 2029-01-01 Fixed 5.00000000 N N N N N N New Jersey Turnpike Authority 5493005YN67D71KSMI84 NEW JERSEY ST TURNPIKE AUTH 6461393E3 5000000.00000000 PA USD 5224946.50000000 1.156583998072 Long DBT MUN US N 2 2031-01-01 Fixed 5.00000000 N N N N N N University of California N/A UNIV OF CALIFORNIA CA REVENUES 91412G6V2 3825000.00000000 PA USD 3973883.15000000 0.879651047431 Long DBT MUN US N 2 2031-05-15 Fixed 5.00000000 N N N N N N California Health Facilities Financing Authority 5493007RI8BUDOGHZ546 CALIFORNIA ST HLTH FACS FING AUTH REVENUE 13032UYS1 2000000.00000000 PA USD 2324053.80000000 0.514448030374 Long DBT MUN US N 2 2051-05-15 Fixed 4.00000000 N N N N N N Metropolitan Transportation Authority 5493000TKYODLXADQD60 MET TRANSPRTN AUTH NY REVENUE 59259YXR5 1830000.00000000 PA USD 1988693.21000000 0.440213262233 Long DBT MUN US N 2 2029-11-15 Fixed 5.00000000 N N N N N N Scranton School District/PA 549300SDNGI3OKNOUW62 SCRANTON PA SCH DIST 810827XJ9 1025000.00000000 PA USD 1196462.72000000 0.264846661347 Long DBT MUN US N 2 2037-12-01 Fixed 4.00000000 N N N N N N Kentucky Economic Development Finance Authority N/A KENTUCKY ST ECON DEV FIN AUTH 49126PGE4 145000.00000000 PA USD 181769.71000000 0.040236189580 Long DBT MUN US N 2 2044-08-01 Fixed 5.00000000 N N N N N N New York State Dormitory Authority 549300C8XO7EXTX2XU71 NEW YORK ST DORM AUTH ST PERSONAL INCOME TAX REVENUE 64990ER41 6865000.00000000 PA USD 7044943.32000000 1.559454955421 Long DBT MUN US N 2 2029-02-15 Fixed 5.00000000 N N N N N N Chattanooga-Hamilton County Hospital Authority 549300BFNMBLLM3M6C70 CHATTANOOGA-HAMILTON CNTY TN HOSP AUTH HOSP REVENUE 162362HY6 7500000.00000000 PA USD 8409378.00000000 1.861483563236 Long DBT MUN US N 2 2044-10-01 Fixed 5.00000000 N N N N N N Brevard County Health Facilities Authority N/A BREVARD CNTY FL HLTH FACS AUTH HLTH CARE FACS REVENUE 10741LDJ2 1000000.00000000 PA USD 1114212.00000000 0.246639801892 Long DBT MUN US N 2 2033-04-01 Fixed 5.00000000 N N N N N N Los Angeles Department of Water & Power Water System Revenue N/A LOS ANGELES CA DEPT OF WTR & PWR WTRWKS REVENUE 544525SH2 3840000.00000000 PA USD 4190526.72000000 0.927606846854 Long DBT MUN US N 2 2032-07-01 Fixed 5.00000000 N N N N N N Port Authority of New York & New Jersey 54930006MR4KZ4W74Z83 PORT AUTH OF NEW YORK & NEW JERSEY NY 73358WPZ1 4400000.00000000 PA USD 4860040.68000000 1.075809155264 Long DBT MUN US N 2 2032-12-01 Fixed 5.00000000 N N N N N N City of Chillicothe OH N/A CHILLICOTHE OH HOSP FACS REVENUE 169203AK2 1800000.00000000 PA USD 2188699.02000000 0.484486159452 Long DBT MUN US N 2 2047-12-01 Fixed 5.00000000 N N N N N N North Carolina Medical Care Commission 549300FH6KOXGCHQYG81 NORTH CAROLINA ST MED CARE COMMISSION HLTH CARE FACS REVENUE 65821DSN2 4445000.00000000 PA USD 5137819.93000000 1.137297829942 Long DBT MUN US N 2 2045-06-01 Fixed 5.00000000 N N N N N N Detroit City School District N/A DETROIT MI CITY SCH DIST 251130EU0 1045000.00000000 PA USD 1082741.95000000 0.239673652813 Long DBT MUN US N 2 2027-05-01 Fixed 5.00000000 N N N N N N Ulster County Capital Resource Corp N/A ULSTER CNTY NY CAPITAL RESOURCE CORP REVENUE 903768AF6 355000.00000000 PA USD 360541.37000000 0.079808736641 Long DBT MUN US N 2 2047-09-15 Fixed 5.25000000 N N N N N N Metropolitan Transportation Authority 5493000TKYODLXADQD60 MET TRANSPRTN AUTH NY REVENUE 59259YQP7 4000000.00000000 PA USD 4220334.00000000 0.934204928398 Long DBT MUN US N 2 2029-11-15 Fixed 5.00000000 N N N N N N Salt Verde Financial Corp 549300VEWOZY6TQOIF03 SALT VERDE AZ FINANCIAL CORP SENIOR GAS REVENUE 79575EAJ7 2665000.00000000 PA USD 2951815.03000000 0.653408035654 Long DBT MUN US N 2 2023-12-01 Fixed 5.25000000 N N N N N N Halifax Hospital Medical Center N/A HALIFAX FL HOSP MED CTR 405815HX2 2655000.00000000 PA USD 3043942.90000000 0.673801281828 Long DBT MUN US N 2 2035-06-01 Fixed 5.00000000 N N N N N N California Housing Finance 549300BOPCVLBA552Z14 CALIFORNIA HSG FIN AGY MUNI CTFS 13033DAE5 995261.69000000 PA USD 1185590.96000000 0.262440109692 Long DBT MUN US N 2 2035-11-20 Fixed 3.50000000 N N N N N N Municipal Electric Authority of Georgia JA0WNILDDF2KUPS83B16 MUNI ELEC AUTH OF GEORGIA 626207Z56 635000.00000000 PA USD 784774.72000000 0.173716206136 Long DBT MUN US N 2 2056-01-01 Fixed 5.00000000 N N N N N N City & County of Denver CO Airport System Revenue N/A DENVER CITY & CNTY CO ARPT REVENUE 249182JF4 6680000.00000000 PA USD 7424593.55000000 1.643493592158 Long DBT MUN US N 2 2031-11-15 Fixed 5.25000000 N N N N N N Ulster County Capital Resource Corp N/A ULSTER CNTY NY CAPITAL RESOURCE CORP REVENUE 903768AG4 760000.00000000 PA USD 769463.75000000 0.170326999586 Long DBT MUN US N 2 2053-09-15 Fixed 5.25000000 N N N N N N Municipal Electric Authority of Georgia JA0WNILDDF2KUPS83B16 MUNI ELEC AUTH OF GEORGIA 6262072P8 100000.00000000 PA USD 123242.33000000 0.027280682541 Long DBT MUN US N 2 2038-01-01 Fixed 5.00000000 N N N N N N State of Illinois 54930048FV8RWPR02D67 ILLINOIS ST 452152YG0 1300000.00000000 PA USD 1449787.69000000 0.320922184151 Long DBT MUN US N 2 2030-05-01 Fixed 5.00000000 N N N N N N Los Angeles Department of Water & Power Power System Revenue N/A LOS ANGELES CA DEPT WTR & PWR REVENUE 544495X58 6165000.00000000 PA USD 6577804.70000000 1.456050058783 Long DBT MUN US N 2 2030-07-01 Fixed 5.00000000 N N N N N N Connecticut State Health & Educational Facilities Authority 549300ZOQJ5U8YBS5Q35 CONNECTICUT ST HLTH & EDUCTNL FACS AUTH REVENUE 20775DDY5 1500000.00000000 PA USD 1681782.15000000 0.372276026737 Long DBT MUN US N 2 2049-07-01 Fixed 4.00000000 N N N N N N New York City Water & Sewer System N/A NEW YORK CITY NY MUNI WTR FIN AUTH WTR & SWR SYS REVENUE 64972GBW3 3600000.00000000 PA USD 3921034.32000000 0.867952533179 Long DBT MUN US N 2 2034-06-15 Fixed 5.00000000 N N N N N N New York State Dormitory Authority 549300C8XO7EXTX2XU71 NEW YORK ST DORM AUTH ST PERSONAL INCOME TAX REVENUE 64990EN78 1135000.00000000 PA USD 1164397.29000000 0.257748720108 Long DBT MUN US N 2 2029-02-15 Fixed 5.00000000 N N N N N N Puerto Rico Sales Tax Financing Corp Sales Tax Revenue N/A PUERTO RICO SALES TAX FING CORP SALES TAX REVENUE 74529JRJ6 75000.00000000 PA USD 85234.43000000 0.018867327698 Long DBT MUN PR N 2 2040-07-01 Fixed 4.32900000 N N N N N N District of Columbia 549300HWFOZXPKGOX654 DIST OF COLUMBIA 25476FMK1 5000000.00000000 PA USD 5431856.00000000 1.202385082686 Long DBT MUN US N 2 2029-06-01 Fixed 5.00000000 N N N N N N State of Illinois 54930048FV8RWPR02D67 ILLINOIS ST 4521525R8 3595000.00000000 PA USD 4237335.55000000 0.937968358449 Long DBT MUN US N 2 2036-11-01 Fixed 4.00000000 N N N N N N California Housing Finance 549300BOPCVLBA552Z14 CALIFORNIA HSG FIN AGY MUNI CTFS 13033DAC9 1146473.16000000 PA USD 1363840.34000000 0.301897045868 Long DBT MUN US N 2 2033-03-20 Fixed 4.00000000 N N N N N N South Carolina Ports Authority 5493001YXW15H9J1M026 SOUTH CAROLINA ST PORTS AUTH PORTS REVENUE 837123GP7 5000000.00000000 PA USD 5902338.00000000 1.306530063420 Long DBT MUN US N 2 2045-07-01 Fixed 5.00000000 N N N N N N University of California N/A UNIV OF CALIFORNIA CA REVENUES 91412G5B7 2480000.00000000 PA USD 2694126.92000000 0.596366696663 Long DBT MUN US N 2 2030-05-15 Fixed 5.00000000 N N N N N N New Jersey Health Care Facilities Financing Authority N/A NEW JERSEY ST HLTH CARE FACS FING AUTH REVENUE 64579F6U2 6450000.00000000 PA USD 7301519.97000000 1.616250263788 Long DBT MUN US N 2 2044-07-01 Fixed 5.00000000 N N N N N N Chicago Board of Education 54930099NR6T9V7LVB43 CHICAGO IL BRD OF EDU 167505SM9 1945000.00000000 PA USD 2382088.57000000 0.527294494221 Long DBT MUN US N 2 2034-12-01 Fixed 5.00000000 N N N N N N Florida Ports Financing Commission N/A FLORIDA ST PORTS FING COMMISSION 341080DJ5 1000000.00000000 PA USD 1007989.50000000 0.223126595827 Long DBT MUN US N 2 2025-10-01 Fixed 5.00000000 N N N N N N Pulaski County Public Facilities Board 549300FW3F0WYTXI3E38 PULASKI CNTY AR PUBLIC FACS BRD HLTHCARE REVENUE 74540HAM6 2000000.00000000 PA USD 2285106.40000000 0.505826709638 Long DBT MUN US N 2 2042-12-01 Fixed 5.00000000 N N N N N N City of Atlanta GA Department of Aviation N/A ATLANTA GA ARPT REVENUE 04780MTL3 1275000.00000000 PA USD 1418069.92000000 0.313901200255 Long DBT MUN US N 2 2032-01-01 Fixed 5.00000000 N N N N N N Broome County Local Development Corp N/A BROOME CNTY NY LOCAL DEV CORP REVENUE 114731AT9 3000000.00000000 PA USD 3201195.90000000 0.708610500152 Long DBT MUN US N 2 2045-04-01 Fixed 3.00000000 N N N N N N Metropolitan Transportation Authority 5493000TKYODLXADQD60 MET TRANSPRTN AUTH NY DEDICATED TAX FUND 59259N2X0 3565000.00000000 PA USD 6675061.69000000 1.477578676987 Long DBT MUN US N 2 2035-11-15 Fixed 5.25000000 N N N N N N Tulsa Airports Improvement Trust N/A TULSA OK ARPTS IMPT TRUST 899647PT2 1700000.00000000 PA USD 1899975.25000000 0.420574827107 Long DBT MUN US N 2 2045-06-01 Fixed 5.00000000 N N N N N N Texas Private Activity Bond Surface Transportation Corp N/A TEXAS ST PRIV ACTIVITY BOND SURFACE TRANSPRTN CORP REVENUE 882667AH1 3000000.00000000 PA USD 3391758.60000000 0.750793088902 Long DBT MUN US N 2 2043-06-30 Fixed 6.75000000 N N N N N N New Hope Cultural Education Facilities Finance Corp N/A NEW HOPE CULTURAL EDU FACS FIN CORP TX CAPITAL IMPT REVENUE 64542YAL0 1100000.00000000 PA USD 1345594.36000000 0.297858151212 Long DBT MUN US N 2 2048-07-01 Fixed 5.00000000 N N N N N N School District of Philadelphia/The 254900HSKDHZKBZCUL90 PHILADELPHIA PA SCH DIST 717883TL6 5000000.00000000 PA USD 6016356.00000000 1.331768866208 Long DBT MUN US N 2 2035-09-01 Fixed 5.00000000 N N N N N N Duluth Economic Development Authority N/A DULUTH MN ECON DEV AUTH HLTH CARE FACS REVENUE 26444CHG0 6000000.00000000 PA USD 7245621.60000000 1.603876709292 Long DBT MUN US N 2 2058-02-15 Fixed 5.00000000 N N N N N N Illinois Finance Authority 549300ZG6UBPNNNRN315 ILLINOIS ST FIN AUTH REVENUE 45203H5F5 4500000.00000000 PA USD 5271273.00000000 1.166838742037 Long DBT MUN US N 2 2045-11-15 Fixed 5.00000000 N N N N N N State of Illinois 54930048FV8RWPR02D67 ILLINOIS ST 452152YC9 1150000.00000000 PA USD 1278511.93000000 0.283008914939 Long DBT MUN US N 2 2033-05-01 Fixed 5.00000000 N N N N N N New Jersey Turnpike Authority 5493005YN67D71KSMI84 NEW JERSEY ST TURNPIKE AUTH TURNPIKE REVENUE 646140DH3 2725000.00000000 PA USD 3297677.83000000 0.729967552581 Long DBT MUN US N 2 2028-01-01 Fixed 5.00000000 N N N N N N Public Finance Authority 5493004S6D3NA627K012 PUBLIC FIN AUTH WI STUDENT HSG REVENUE 74439YBG5 10000000.00000000 PA USD 12044364.00000000 2.666116996481 Long DBT MUN US N 2 2058-07-01 Fixed 5.00000000 N N N N N N Augusta Development Authority N/A AUGUSTA GA DEV AUTH REVENUE 05115CAP9 4170000.00000000 PA USD 4863505.61000000 1.076576145432 Long DBT MUN US N 2 2036-07-01 Fixed 5.00000000 N N N N N N State of Illinois 54930048FV8RWPR02D67 ILLINOIS ST 452152VM0 2400000.00000000 PA USD 2645314.56000000 0.585561687562 Long DBT MUN US N 2 2039-02-01 Fixed 5.00000000 N N N N N N Florida Ports Financing Commission N/A FLORIDA ST PORTS FING COMMISSION 341080DK2 1420000.00000000 PA USD 1431345.09000000 0.316839766074 Long DBT MUN US N 2 2026-10-01 Fixed 5.00000000 N N N N N N Tobacco Settlement Financing Corp N/A TOBACCO SETTLEMENT FING CORP NJ 888808HQ8 8990000.00000000 PA USD 10862409.33000000 2.404481808873 Long DBT MUN US N 2 2046-06-01 Fixed 5.00000000 N N N N N N Connecticut State Health & Educational Facilities Authority 549300ZOQJ5U8YBS5Q35 CONNECTICUT ST HLTH & EDUCTNL FACS AUTH REV 20774Y2C0 2410000.00000000 PA USD 2884449.71000000 0.638496179402 Long DBT MUN US N 2 2042-07-01 Fixed 5.00000000 N N N N N N State of Illinois 54930048FV8RWPR02D67 ILLINOIS ST 452152YE5 5565000.00000000 PA USD 6177253.51000000 1.367384826179 Long DBT MUN US N 2 2035-05-01 Fixed 5.00000000 N N N N N N California Statewide Communities Development Authority 549300KTNI2GCJNX2U48 CALIFORNIA STWD CMNTYS DEV AUTH REVENUE 13080SMH4 800000.00000000 PA USD 914062.72000000 0.202335146433 Long DBT MUN US N 2 2036-12-01 Fixed 5.00000000 N N N N N N Montgomery County Higher Education and Health Authority N/A MONTGOMERY CNTY PA HGR EDU & HLTH AUTH 613603YX1 6000000.00000000 PA USD 7432065.60000000 1.645147590618 Long DBT MUN US N 2 2043-09-01 Fixed 5.00000000 N N N N N N Chicago O'Hare International Airport N/A CHICAGO IL O'HARE INTERNATIONAL ARPT REVENUE 167593L59 6300000.00000000 PA USD 7766720.64000000 1.719226179583 Long DBT MUN US N 2 2048-01-01 Fixed 5.00000000 N N N N N N New Hampshire Business Finance Authority N/A NATIONAL FIN AUTH NH MUNI CTFS 63607WAA2 788734.31000000 PA USD 959166.78000000 0.212319293456 Long ABS-MBS MUN US N 2 2034-01-20 Fixed 4.12500000 N N N N N N San Bernardino County Transportation Authority N/A SAN BERNARDINO CNTY CA TRANSPRTN AUTH 796846FE8 1320000.00000000 PA USD 1842916.02000000 0.407944306898 Long DBT MUN US N 2 2033-03-01 Fixed 5.00000000 N N N N N N Michigan Finance Authority 54930022O46HOX5J1D14 MICHIGAN ST FIN AUTH REVENUE 59447PD24 1250000.00000000 PA USD 1411912.38000000 0.312538179173 Long DBT MUN US N 2 2035-07-01 Fixed 5.00000000 N N N N N N New Hope Cultural Education Facilities Finance Corp N/A NEW HOPE CULTURAL EDU FACS FIN CORP TX CAPITAL IMPT REVENUE 64542YAJ5 500000.00000000 PA USD 614097.75000000 0.135935483913 Long DBT MUN US N 2 2038-07-01 Fixed 5.00000000 N N N N N N Palm Beach County Health Facilities Authority N/A PALM BEACH CNTY FL HLTH FACS AUTH HOSP REVENUE 69651ABL7 8000000.00000000 PA USD 8648300.00000000 1.914370872606 Long DBT MUN US N 2 2044-08-15 Fixed 3.00000000 N N N N N N Broome County Local Development Corp N/A BROOME CNTY NY LOCAL DEV CORP REVENUE 114731AV4 3500000.00000000 PA USD 4076146.90000000 0.902287952294 Long DBT MUN US N 2 2050-04-01 Fixed 4.00000000 N N N N N N Municipal Electric Authority of Georgia JA0WNILDDF2KUPS83B16 MUNI ELEC AUTH OF GA 62620HAW2 850000.00000000 PA USD 987678.67000000 0.218630629990 Long DBT MUN US N 2 2051-01-01 Fixed 4.00000000 N N N N N N Salt Verde Financial Corp 549300VEWOZY6TQOIF03 SALT VERDE AZ FINANCIAL CORP SENIOR GAS REVENUE 79575EAH1 1485000.00000000 PA USD 1577557.53000000 0.349205067503 Long DBT MUN US N 2 2022-12-01 Fixed 5.25000000 N N N N N N New Jersey Health Care Facilities Financing Authority N/A NEW JERSEY ST HLTH CARE FACS FING AUTH ST CONTRACT 64580ABY6 2500000.00000000 PA USD 3045669.25000000 0.674183423307 Long DBT MUN US N 2 2036-10-01 Fixed 5.00000000 N N N N N N Bay Area Toll Authority 5493001FUZGUQMIP5D78 BAY AREA CA TOLL AUTH TOLL BRIDGE REVENUE 072024TC6 5720000.00000000 PA USD 6191070.60000000 1.370443350357 Long DBT MUN US N 2 2032-04-01 Fixed 5.00000000 N N N N N N New York State Dormitory Authority 549300C8XO7EXTX2XU71 NEW YORK ST DORM AUTH ST PERSONAL INCOME TAX REVENUE 64990EFG7 7600000.00000000 PA USD 7829855.92000000 1.733201682406 Long DBT MUN US N 2 2032-03-15 Fixed 5.00000000 N N N N N N Municipal Electric Authority of Georgia JA0WNILDDF2KUPS83B16 MUNI ELEC AUTH OF GEORGIA 6262077J7 650000.00000000 PA USD 801596.77000000 0.177439902415 Long DBT MUN US N 2 2056-01-01 Fixed 5.00000000 N N N N N N City of New York NY 549300ABYZD2SFD5JB29 NEW YORK NY 64966J3E4 5070000.00000000 PA USD 5318954.75000000 1.177393481506 Long DBT MUN US N 2 2030-08-01 Fixed 5.00000000 N N N N N N County of Cuyahoga OH 549300GHDK9DGLUNJU89 CUYAHOGA CNTY OH HOSP REVENUE 2322655T1 2240000.00000000 PA USD 2598425.31000000 0.575182374351 Long DBT MUN US N 2 2052-02-15 Fixed 5.00000000 N N N N N N Los Angeles County Metropolitan Transportation Authority 54930051IHTXE1N9RB42 LOS ANGELES CNTY CA MET TRANSPRTN AUTH SALES TAX 5447126E7 1770000.00000000 PA USD 1929430.27000000 0.427094933063 Long DBT MUN US N 2 2034-07-01 Fixed 5.00000000 N N N N N N Los Angeles Department of Water & Power Power System Revenue N/A LOS ANGELES CA DEPT WTR & PWR REVENUE 544495A46 10000000.00000000 PA USD 10910813.00000000 2.415196351151 Long DBT MUN US N 2 2030-07-01 Fixed 5.00000000 N N N N N N City of Rochester MN 549300006EX3INSHXA95 ROCHESTER MN HLTH CARE FACS REVENUE 771902HF3 3000000.00000000 PA USD 3490462.80000000 0.772642058697 Long DBT MUN US N 2 2048-11-15 Fixed 4.00000000 N N N N N N State of Illinois 54930048FV8RWPR02D67 ILLINOIS ST 452152Q20 5000000.00000000 PA USD 6185165.50000000 1.369136208902 Long DBT MUN US N 2 2028-11-01 Fixed 5.00000000 N N N N N N Municipal Electric Authority of Georgia JA0WNILDDF2KUPS83B16 MUNI ELEC AUTH OF GEORGIA 6262077G3 330000.00000000 PA USD 381444.29000000 0.084435766370 Long DBT MUN US N 2 2046-01-01 Fixed 4.00000000 N N N N N N Jefferson County Board of Education/AL N/A JEFFERSON CNTY AL BRD OF EDU PUBLIC SCH WARRANTS 472649AX0 10000000.00000000 PA USD 12368213.00000000 2.737803581443 Long DBT MUN US N 2 2046-02-01 Fixed 5.00000000 N N N N N N California Pollution Control Financing Authority N/A CALIFORNIA ST POLL CONTROL FING AUTH WTR FURNISHING REVENUE 13054WAB3 3075000.00000000 PA USD 3239527.88000000 0.717095592714 Long DBT MUN US N 2 2037-07-01 Fixed 5.00000000 N N N N N N Oklahoma City Airport Trust N/A OKLAHOMA CITY OK ARPT TRUST 6785354D4 5000000.00000000 PA USD 6122882.00000000 1.355349254444 Long DBT MUN US N 2 2047-07-01 Fixed 5.00000000 N N N N N N Indiana Finance Authority 549300PS0PAS7NDSSI20 INDIANA ST FIN AUTH REVENUE 45506DGU3 1250000.00000000 PA USD 1354420.00000000 0.299811777722 Long DBT MUN US N 2 2044-07-01 Fixed 5.00000000 N N N N N N New York City Transitional Finance Authority Future Tax Secured Revenue N/A NEW YORK CITY NY TRANSITIONAL FIN AUTH REVENUE 64971WWP1 1000000.00000000 PA USD 1677013.49000000 0.371220445431 Long DBT MUN US N 2 2037-08-01 Fixed 5.00000000 N N N N N N Arizona Industrial Development Authority N/A ARIZONA ST INDL DEV AUTH NATIONAL CHRT SCH REVOLVING LOAN FD 04052FBU8 1100000.00000000 PA USD 1287135.19000000 0.284917743006 Long DBT MUN US N 2 2045-11-01 Fixed 4.00000000 N N N N N N Detroit Downtown Development Authority 549300WO3NSMP6FECO66 DETROIT MI DOWNTOWN DEV AUTH TAX INCREMENT REVENUE 251135GS2 10000000.00000000 PA USD 11171856.00000000 2.472980322069 Long DBT MUN US N 2 2048-07-01 Fixed 5.00000000 N N N N N N South Carolina Public Service Authority EMBXY64GWKA9MZGFUD26 SOUTH CAROLINA ST PUBLIC SVC AUTH REVENUE 837151JT7 1400000.00000000 PA USD 1567643.42000000 0.347010499390 Long DBT MUN US N 2 2049-12-01 Fixed 5.00000000 N N N N N N Chattanooga Health Educational & Housing Facility Board N/A CHATTANOOGA TN HLTH EDUCTNL &HSG FAC BRD REVENUE 162410EJ9 145000.00000000 PA USD 171582.26000000 0.037981115456 Long DBT MUN US N 2 2037-08-01 Fixed 4.00000000 N N N N N N Massachusetts School Building Authority N/A MASSACHUSETTS ST SCH BLDG AUTH SALES TAX REVENUE 576000LM3 6000000.00000000 PA USD 6059508.00000000 1.341320909025 Long DBT MUN US N 2 2032-10-15 Fixed 5.00000000 N N N N N N Maryland Health & Higher Educational Facilities Authority N/A MARYLAND ST HLTH & HGR EDUCTNL FACS AUTH REVENUE 574218YA5 6725000.00000000 PA USD 7619301.93000000 1.686593860572 Long DBT MUN US N 2 2045-07-01 Fixed 5.00000000 N N N N N N Kentucky Turnpike Authority N/A KENTUCKY ST TURNPIKE AUTH ECON DEV ROAD REVENUE 491552YY5 5000000.00000000 PA USD 5446855.00000000 1.205705232162 Long DBT MUN US N 2 2029-07-01 Fixed 5.00000000 N N N N N N Metropolitan Transportation Authority 5493000TKYODLXADQD60 MET TRANSPRTN AUTH NY REVENUE 59259YTW9 1575000.00000000 PA USD 1663656.12000000 0.368263683979 Long DBT MUN US N 2 2027-11-15 Fixed 5.00000000 N N N N N N Norman Regional Hospital Authority N/A NORMAN OK REGL HOSP AUTH HOSP REVENUE 656178EG1 2015000.00000000 PA USD 2228468.50000000 0.493289454218 Long DBT MUN US N 2 2038-09-01 Fixed 3.25000000 N N N N N N Pennsylvania Economic Development Financing Authority N/A PENNSYLVANIA ST ECON DEV FINGAUTH REVENUE 70869PJY4 1940000.00000000 PA USD 2268848.62000000 0.502227919068 Long DBT MUN US N 2 2038-12-31 Fixed 5.00000000 N N N N N N South Carolina Jobs-Economic Development Authority 5493006X47I9VG3DL112 SOUTH CAROLINA ST JOBS-ECON DEV AUTH HOSP REVENUE 83703FLP5 5900000.00000000 PA USD 7198797.68000000 1.593511857403 Long DBT MUN US N 2 2048-05-01 Fixed 5.00000000 N N N N N N New Jersey Transportation Trust Fund Authority 549300YUVD5TEXR6L889 NEW JERSEY ST TRANSPRTN TRUST FUND AUTH 6461362D2 4750000.00000000 PA USD 5659870.58000000 1.252857946772 Long DBT MUN US N 2 2029-06-15 Fixed 5.00000000 N N N N N N Putnam County Development Authority/FL N/A PUTNAM CNTY FL DEV AUTH 746507AU6 4500000.00000000 PA USD 5465934.00000000 1.209928522506 Long DBT MUN US N 2 2042-03-15 Fixed 5.00000000 N N N N N N Central Plains Energy Project SVQOT7V5CPLIGNP5BE29 CENTRL PLAINS ENERGY PROJ NE GAS PROJ REVENUE 154871CP0 10000000.00000000 PA USD 15191648.00000000 3.362793663274 Long DBT MUN US N 2 2042-09-01 Fixed 5.00000000 N N N N N N Pennsylvania Economic Development Financing Authority N/A PENNSYLVANIA ST ECON DEV FINGAUTH REVENUE 70869PHV2 1270000.00000000 PA USD 1491610.30000000 0.330179955783 Long DBT MUN US N 2 2034-12-31 Fixed 5.00000000 N N N N N N State of Connecticut 5493007GRO6CU0IKP741 CONNECTICUT ST 20772JPL0 4800000.00000000 PA USD 5256996.00000000 1.163678413076 Long DBT MUN US N 2 2029-08-15 Fixed 5.00000000 N N N N N N South Carolina Public Service Authority EMBXY64GWKA9MZGFUD26 SOUTH CAROLINA ST PUBLIC SVC AUTH REVENUE 837151RR2 5000000.00000000 PA USD 6040200.00000000 1.337046927687 Long DBT MUN US N 2 2041-12-01 Fixed 5.00000000 N N N N N N New Jersey Transportation Trust Fund Authority 549300YUVD5TEXR6L889 NEW JERSEY ST TRANSPRTN TRUST FUND AUTH 6461364E8 3370000.00000000 PA USD 4254058.50000000 0.941670118146 Long DBT MUN US N 2 2033-12-15 Fixed 5.00000000 N N N N N N West Virginia Hospital Finance Authority N/A WEST VIRGINIA ST HOSP FIN AUTH 956622P24 3875000.00000000 PA USD 4724868.88000000 1.045887788439 Long DBT MUN US N 2 2052-06-01 Fixed 5.00000000 N N N N N N Massachusetts Development Finance Agency 549300UZSVMFXJK08K70 MASSACHUSETTS ST DEV FIN AGY REVENUE 57584YN39 1000000.00000000 PA USD 1157561.40000000 0.256235540789 Long DBT MUN US N 2 2050-07-01 Fixed 4.00000000 N N N N N N Butler County Hospital Authority N/A BUTLER CNTY PA HOSP AUTH 123592DR5 1625000.00000000 PA USD 1835978.46000000 0.406408622105 Long DBT MUN US N 2 2039-07-01 Fixed 5.00000000 N N N N N N Chicago O'Hare International Airport N/A CHICAGO IL O'HARE INTERNATIONAL ARPT REVENUE 167593VV1 2350000.00000000 PA USD 2781089.88000000 0.615616648401 Long DBT MUN US N 2 2038-01-01 Fixed 5.00000000 N N N N N N State of Hawaii Airports System Revenue N/A HAWAII ST ARPTS SYS REVENUE 419794ZL9 2500000.00000000 PA USD 2899225.75000000 0.641766974886 Long DBT MUN US N 2 2045-07-01 Fixed 5.00000000 N N N N N N San Bernardino County Transportation Authority N/A SAN BERNARDINO CNTY CA TRANSPRTN AUTH 796846FH1 905000.00000000 PA USD 1248235.09000000 0.276306892506 Long DBT MUN US N 2 2034-03-01 Fixed 5.00000000 N N N N N N Wisconsin Center District N/A WISCONSIN CENTER DIST WI TAX REVENUE 976595FR4 3155000.00000000 PA USD 1987263.20000000 0.439896718000 Long DBT MUN US N 2 2038-12-15 None 0.00000000 N N N N N N State of Alabama Docks Department N/A ALABAMA ST PORT AUTH DOCKS FACS REVENUE 010604CG9 2000000.00000000 PA USD 2431259.20000000 0.538178809273 Long DBT MUN US N 2 2034-10-01 Fixed 5.00000000 N N N N N N Ohio Higher Educational Facility Commission 5493007MQT6NGNN6BR81 OHIO ST HGR EDUCTNL FAC COMMISSION 67756DUL8 730000.00000000 PA USD 860378.00000000 0.190451601196 Long DBT MUN US N 2 2040-07-01 Fixed 4.00000000 N N N N N N City of Austin TX Water & Wastewater System Revenue N/A AUSTIN TX WTR & WSTWTR SYS REVENUE 052476C63 5000000.00000000 PA USD 5423315.00000000 1.200494463532 Long DBT MUN US N 2 2029-11-15 Fixed 5.00000000 N N N N N N Parish of St John the Baptist LA N/A SAINT JOHN THE BAPTIST PARISH LA REVENUE 79020FAX4 235000.00000000 PA USD 243841.62000000 0.053976306887 Long DBT MUN US N 2 2037-06-01 Floating 2.10000000 N N N N N N University of California N/A UNIV OF CALIFORNIA CA REVENUES 91412G6C4 3175000.00000000 PA USD 3297297.83000000 0.729883436520 Long DBT MUN US N 2 2031-05-15 Fixed 5.00000000 N N N N N N New Jersey Economic Development Authority 5493006JS6QWDVU4R678 NEW JERSEY ST ECON DEV AUTH REVENUE 6459182A0 1000000.00000000 PA USD 1114543.10000000 0.246713093544 Long DBT MUN US N 2 2034-01-01 Fixed 5.12500000 N N N N N N State of California N/A CALIFORNIA ST 13063CGB0 5800000.00000000 PA USD 6429846.94000000 1.423298416712 Long DBT MUN US N 2 2030-11-01 Fixed 5.00000000 N N N N N N Oklahoma City Airport Trust N/A OKLAHOMA CITY OK ARPT TRUST 6785354C6 2000000.00000000 PA USD 2460746.60000000 0.544706082803 Long DBT MUN US N 2 2043-07-01 Fixed 5.00000000 N N N N N N San Bernardino County Transportation Authority N/A GEISINGER PA AUTH HLTH SYS REVENUE 796846FD0 1215000.00000000 PA USD 1676588.31000000 0.371126328413 Long DBT MUN US N 2 2032-03-01 Fixed 5.00000000 N N N N N N Florida Ports Financing Commission N/A FLORIDA ST PORTS FING COMMISSION 341080DL0 1785000.00000000 PA USD 1799261.26000000 0.398280974105 Long DBT MUN US N 2 2027-10-01 Fixed 5.00000000 N N N N N N New York City Transitional Finance Authority Future Tax Secured Revenue N/A NEW YORK CITY NY TRANSITIONAL FIN AUTH REVENUE 64971WVY3 1500000.00000000 PA USD 2538930.33000000 0.562012681258 Long DBT MUN US N 2 2034-08-01 Fixed 5.00000000 N N N N N N Metropolitan Transportation Authority 5493000TKYODLXADQD60 MET TRANSPRTN AUTH NY REVENUE 59259YV89 4000000.00000000 PA USD 4487612.80000000 0.993369243881 Long DBT MUN US N 2 2034-11-15 Fixed 5.25000000 N N N N N N Territory of Guam N/A GUAM GOVT BUSINESS PRIVILEGE TAX REVENUE 40065NAM9 5720000.00000000 PA USD 5837429.88000000 1.292162128182 Long DBT MUN GU N 2 2036-01-01 Fixed 5.25000000 N N N N N N State of Connecticut Special Tax Revenue N/A CONNECTICUT ST SPL TAX OBLIG REVENUE 207758NZ2 13855000.00000000 PA USD 14776602.73000000 3.270920049303 Long DBT MUN US N 2 2029-01-01 Fixed 5.00000000 N N N N N N Wisconsin Center District N/A WISCONSIN CENTER DIST WI TAX REVENUE 976595FP8 3100000.00000000 PA USD 2129184.47000000 0.471312134381 Long DBT MUN US N 2 2036-12-15 None 0.00000000 N N N N N N Iowa Finance Authority 549300NQVL49BTHOW391 IOWA ST FIN AUTH MIDWSTRN DISASTER AREA REVENUE 46246SAQ8 1205000.00000000 PA USD 1326998.30000000 0.293741763527 Long DBT MUN US N 2 2050-12-01 Floating 5.25000000 N N N N N N State of Illinois 54930048FV8RWPR02D67 ILLINOIS ST 4521525S6 3865000.00000000 PA USD 4546073.68000000 1.006310030609 Long DBT MUN US N 2 2037-11-01 Fixed 4.00000000 N N N N N N North Texas Tollway Authority PQGZGRE0F2WPMYQQ1B78 N TX TOLLWAY AUTH REVENUE 66285WPQ3 5000000.00000000 PA USD 5328911.00000000 1.179597377648 Long DBT MUN US N 2 2040-01-01 Fixed 5.00000000 N N N N N N Chicago O'Hare International Airport N/A CHICAGO IL O'HARE INTERNATIONAL ARPT REVENUE 167593UT7 8000000.00000000 PA USD 9448695.20000000 2.091544797823 Long DBT MUN US N 2 2041-01-01 Fixed 5.00000000 N N N N N N New Jersey Economic Development Authority 5493006JS6QWDVU4R678 NEW JERSEY ST ECON DEV AUTH REVENUE 64577BTQ7 5000000.00000000 PA USD 6201473.00000000 1.372746005395 Long DBT MUN US N 2 2030-06-15 Fixed 5.50000000 N N N N N N City of Salt Lake City UT Airport Revenue N/A SALT LAKE CITY UT ARPT REVENUE 795576FY8 4500000.00000000 PA USD 5407598.25000000 1.197015434311 Long DBT MUN US N 2 2047-07-01 Fixed 5.00000000 N N N N N N City of Salt Lake City UT Airport Revenue N/A SALT LAKE CITY UT ARPT REVENUE 795576HL4 2500000.00000000 PA USD 3043128.75000000 0.673621063167 Long DBT MUN US N 2 2048-07-01 Fixed 5.00000000 N N N N N N City of Houston TX Combined Utility System Revenue N/A HOUSTON TX UTILITY SYS REVENUE 442435F65 5000000.00000000 PA USD 5070252.50000000 1.122341235012 Long DBT MUN US N 2 2026-11-15 Fixed 5.00000000 N N N N N N 2021-08-27 ALLIANCEBERNSTEIN NATIONAL MUNICIPAL INCOME FUND Joseph Mantineo Joseph Mantineo Treasurer and Chief Financial Officer XXXX NPORT-EX 2 NPORT_64C1_5237396059.htm HTML

AB National Municipal Income Fund

Portfolio of Investments

July 31, 2021 (unaudited)

 

      Principal
Amount
(000)
       U.S. $ Value  

MUNICIPAL OBLIGATIONS – 155.9%

 

Long-Term Municipal Bonds – 155.9%

 

Alabama – 3.8%

 

Jefferson County Board of Education/AL
Series 2018
5.00%, 02/01/2046

   $          10,000        $ 12,368,213  

State of Alabama Docks Department
AGM Series 2017A
5.00%, 10/01/2034

     2,000          2,431,259  

AGM Series 2017C
5.00%, 10/01/2036

     2,000          2,424,207  
       

 

 

 
                 17,223,679  
       

 

 

 

Arizona – 2.0%

       

Arizona Industrial Development Authority

(Equitable School Revolving Fund LLC Obligated Group)
Series 2020
4.00%, 11/01/2045-11/01/2050

     3,955          4,619,982  

Salt Verde Financial Corp.
Series 2007
5.25%, 12/01/2022-12/01/2023

     4,150          4,529,373  
       

 

 

 
          9,149,355  
       

 

 

 

Arkansas – 0.5%

       

Pulaski County Public Facilities Board

(Baptist Health Obligated Group)
Series 2014
5.00%, 12/01/2042

     2,000          2,285,106  
       

 

 

 

California – 16.6%

 

Anaheim Public Financing Authority

(City of Anaheim CA Lease)
Series 2014A
5.00%, 05/01/2039

     3,500          3,873,538  

Bay Area Toll Authority
Series 2013S
5.00%, 04/01/2032

     5,720          6,191,071  

California Health Facilities Financing Authority

(Lucile Salter Packard Children’s Hospital at Stanford Obligated Group)
Series 2022A
4.00%, 05/15/2051(a)

     2,000          2,324,054  

California Housing Finance
Series 20192
4.00%, 03/20/2033

     1,146          1,363,840  

Series 2021-1, Class A
3.50%, 11/20/2035

     995          1,185,591  

California Pollution Control Financing Authority

(Poseidon Resources Channelside LP)
Series 2012
5.00%, 07/01/2037(b)

     3,075          3,239,528  

California Statewide Communities Development Authority

(Loma Linda University Medical Center)
Series 2016A
5.00%, 12/01/2036(b)

     800          914,063  

 

1


      Principal
Amount
(000)
       U.S. $ Value  

Los Angeles County Metropolitan Transportation Authority
Series 2013B
5.00%, 07/01/2034

   $ 1,770        $ 1,929,430  

Los Angeles Department of Water & Power Power System Revenue
Series 2013A
5.00%, 07/01/2030

     6,165          6,577,805  

5.00%, 07/01/2030 (Pre-refunded/ETM)

     90          96,243  

Series 2013B
5.00%, 07/01/2030-07/01/2032

     13,840          15,101,340  

San Bernardino County Transportation Authority
Series 2015-2
5.00%, 03/01/2034(c)

              11,340          12,699,712  

State of California
Series 2013
5.00%, 11/01/2030

     5,800          6,429,847  

University of California
Series 2012G
5.00%, 05/15/2031

     7,000          7,271,181  

Series 2013A
5.00%, 05/15/2030

     5,355          5,815,232  
       

 

 

 
                 75,012,475  
       

 

 

 

Colorado – 2.8%

       

City & County of Denver Co. Airport System Revenue

(Denver Intl Airport)
Series 2013B
5.25%, 11/15/2031

     6,680          7,424,594  

Colorado Health Facilities Authority

(CommonSpirit Health)
Series 2019A
5.00%, 08/01/2044

     4,335          5,434,287  
       

 

 

 
          12,858,881  
       

 

 

 

Connecticut – 8.3%

       

Connecticut State Health & Educational Facilities Authority

(Sacred Heart University, Inc.)
Series 2017I-1
5.00%, 07/01/2042

     2,410          2,884,450  

Connecticut State Health & Educational Facilities Authority

(University of Hartford (The))
Series 2019
4.00%, 07/01/2049

     1,500          1,681,782  

State of Connecticut
Series 2013C
5.00%, 07/15/2027

     7,165          7,833,766  

Series 2013E
5.00%, 08/15/2029

     4,800          5,256,996  

 

2


      Principal
Amount
(000)
       U.S. $ Value  

State of Connecticut Special Tax Revenue
Series 2011A
5.00%, 12/01/2028

   $ 5,000        $ 5,080,433  

Series 2012
5.00%, 01/01/2029

              13,855          14,776,603  
       

 

 

 
                 37,514,030  
       

 

 

 

District of Columbia – 1.5%

       

District of Columbia
Series 2013A
5.00%, 06/01/2029

     5,000          5,431,856  

Metropolitan Washington Airports Authority Aviation Revenue
Series 2016A
5.00%, 10/01/2035

     1,000          1,207,128  
       

 

 

 
          6,638,984  
       

 

 

 

Florida – 8.4%

       

Alachua County Health Facilities Authority

(Shands Teaching Hospital & Clinics Obligated Group)
Series 2014A
5.00%, 12/01/2044

     4,560          5,182,544  

Brevard County Health Facilities Authority

(Health First, Inc. Obligated Group)
Series 2014
5.00%, 04/01/2033

     1,000          1,114,212  

Florida Ports Financing Commission
Series 2011A
5.00%, 10/01/2025-10/01/2027

     4,205          4,238,596  

Halifax Hospital Medical Center

(Halifax Hospital Medical Center Obligated Group)
Series 2015
5.00%, 06/01/2035

     2,655          3,043,943  

Miami Beach Health Facilities Authority

(Mount Sinai Medical Center of Florida, Inc.)
Series 2014
5.00%, 11/15/2039

     9,250          10,303,884  

Palm Beach County Health Facilities Authority
Series 2019
3.00%, 08/15/2044

     8,000          8,648,300  

Putnam County Development Authority/FL

(Seminole Electric Cooperative, Inc.)
Series 2018A
5.00%, 03/15/2042

     4,500          5,465,934  
       

 

 

 
          37,997,413  
       

 

 

 

Georgia – 2.6%

       

Augusta Development Authority

(AU Health System Obligated Group)
Series 2018
5.00%, 07/01/2036

     4,170          4,863,506  

City of Atlanta GA Department of Aviation
Series 2014B
5.00%, 01/01/2032

     1,275          1,418,070  

Municipal Electric Authority of Georgia
5.00%, 01/01/2059

     165          201,486  

 

3


      Principal
Amount
(000)
       U.S. $ Value  

Series 2019
5.00%, 01/01/2038-01/01/2056

   $ 895        $ 1,103,830  

Series 2021
4.00%, 01/01/2046-01/01/2051

                2,705          3,135,496  

5.00%, 01/01/2056

     650          801,597  
       

 

 

 
          11,523,985  
       

 

 

 

Guam – 1.3%

       

Territory of Guam
Series 2011A
5.25%, 01/01/2036

     5,720          5,837,430  
       

 

 

 

Hawaii – 0.6%

 

State of Hawaii Airports System Revenue
Series 2015A
5.00%, 07/01/2045

     2,500          2,899,226  
       

 

 

 

Illinois – 16.2%

 

Chicago Board of Education
Series 2017C
5.00%, 12/01/2034

     1,945          2,382,089  

Series 2019A
5.00%, 12/01/2029

     1,260          1,638,251  

Chicago O’Hare International Airport
Series 2016B
5.00%, 01/01/2041

     8,000          9,448,695  

Series 2016C
5.00%, 01/01/2038

     2,350          2,781,090  

Series 2018A
5.00%, 01/01/2048

     6,300          7,766,721  

Illinois Finance Authority

(OSF Healthcare System Obligated Group)
Series 2015A
5.00%, 11/15/2045

     4,500          5,271,273  

Illinois State Toll Highway Authority
Series 2015B
5.00%, 01/01/2040

     3,000          3,531,589  

Metropolitan Pier & Exposition Authority
Series 2020
5.00%, 06/15/2050

     8,755          10,937,011  

State of Illinois
Series 2014
5.00%, 04/01/2030-02/01/2039

     12,070          13,398,278  

Series 2017D
5.00%, 11/01/2028

     5,000          6,185,165  

Series 2018A
5.00%, 10/01/2027

     1,000          1,239,973  

Series 2019B
4.00%, 11/01/2036-11/01/2037

     7,460          8,783,409  
       

 

 

 
                 73,363,544  
       

 

 

 

Indiana – 0.3%

       

Indiana Finance Authority

(Ohio River Bridges)
Series 2013A
5.00%, 07/01/2044

     1,250          1,354,420  
       

 

 

 

 

4


      Principal
Amount
(000)
       U.S. $ Value  

Iowa – 0.3%

 

Iowa Finance Authority

(Iowa Fertilizer Co. LLC)
Series 2013B
5.25%, 12/01/2050

   $ 1,205        $ 1,326,998  
       

 

 

 

Kansas – 1.4%

 

City of Lawrence KS
Series 2018
5.00%, 07/01/2048

     5,000          6,126,504  
       

 

 

 

Kentucky – 1.2%

 

Kentucky Economic Development Finance Authority
Series 2019A
5.00%, 08/01/2044

     145          181,770  

Kentucky Turnpike Authority
Series 2013A
5.00%, 07/01/2029

     5,000          5,446,855  
       

 

 

 
          5,628,625  
       

 

 

 

Louisiana – 0.3%

       

Parish of St. John the Baptist LA

(Marathon Oil Corp.)
Series 2019
2.10%, 06/01/2037

     235          243,842  

2.20%, 06/01/2037

     950          998,424  
       

 

 

 
          1,242,266  
       

 

 

 

Maryland – 1.7%

       

Maryland Health & Higher Educational Facilities Authority
Series 2015
5.00%, 07/01/2045

     6,725          7,619,302  
       

 

 

 

Massachusetts – 2.2%

 

Massachusetts Development Finance Agency
Series 2021
4.00%, 07/01/2050

     1,000          1,157,561  

Massachusetts School Building Authority
Series 2011B
5.00%, 10/15/2032

     6,000          6,059,508  

Series 2012B
5.00%, 08/15/2030

     2,480          2,606,271  
       

 

 

 
          9,823,340  
       

 

 

 

Michigan – 5.9%

       

Detroit City School District
Series 2012A
5.00%, 05/01/2026-05/01/2027

     6,045          6,264,093  

Detroit Downtown Development Authority
AGM Series 2018A
5.00%, 07/01/2043-07/01/2048

              13,020                 14,557,818  

Michigan Finance Authority
Series 2014B
5.00%, 07/01/2034

     2,250          2,436,972  

AGM Series 2014D1
5.00%, 07/01/2035

     1,250          1,411,912  

 

5


      Principal
Amount
(000)
       U.S. $ Value  

Plymouth Educational Center Charter School
Series 2005
5.125%, 11/01/2023(d)

   $ 2,140        $ 1,944,417  
       

 

 

 
          26,615,212  
       

 

 

 

Minnesota – 2.4%

       

City of Rochester MN
Series 2018
4.00%, 11/15/2048

     3,000          3,490,463  

Duluth Economic Development Authority
Series 2018A
5.00%, 02/15/2058

     6,000          7,245,622  
       

 

 

 
          10,736,085  
       

 

 

 

Nebraska – 3.4%

       

Central Plains Energy Project

(Goldman Sachs Group, Inc. (The))
Series 2017A
5.00%, 09/01/2042

              10,000                 15,191,648  
       

 

 

 

New Hampshire – 0.2%

 

New Hampshire Business Finance Authority

(New Hampshire Business Finance Authority)
Series 20201
4.125%, 01/20/2034

     789          959,167  
       

 

 

 

New Jersey – 12.8%

 

New Jersey Economic Development Authority
Series 2013
5.125%, 01/01/2034

     1,000          1,114,543  

Series 2014P
5.00%, 06/15/2031

     2,500          2,814,372  

New Jersey Economic Development Authority

(New Jersey Economic Development Authority State Lease)
Series 2016B
5.50%, 06/15/2030

     5,000          6,201,473  

New Jersey Health Care Facilities Financing Authority
Series 2017
5.00%, 10/01/2036

     2,500          3,045,669  

New Jersey Health Care Facilities Financing Authority

(RWJ Barnabas Health Obligated Group)
Series 2014
5.00%, 07/01/2044

     6,450          7,301,520  

New Jersey Transportation Trust Fund Authority

(New Jersey Transportation Fed Hwy Grant)
Series 2016
5.00%, 06/15/2029

     4,750          5,659,871  

New Jersey Transportation Trust Fund Authority

(New Jersey Transportation Trust Fund Authority State Lease)
Series 2018A
5.00%, 12/15/2033

     3,370          4,254,059  

Series 2019B
4.00%, 06/15/2037

     800          932,030  

New Jersey Turnpike Authority
Series 2012B
5.00%, 01/01/2029

     6,500          6,951,884  

 

6


      Principal
Amount
(000)
       U.S. $ Value  

Series 2013A
5.00%, 01/01/2031

   $ 5,000        $ 5,224,946  

Series 2020D
5.00%, 01/01/2028

     2,725          3,297,678  

Tobacco Settlement Financing Corp./NJ
Series 2018A
5.00%, 06/01/2046

     8,990          10,862,409  
       

 

 

 
                 57,660,454  
       

 

 

 

New York – 17.9%

       

Broome County Local Development Corp.
AGM Series 2020I
3.00%, 04/01/2045

     3,000          3,201,196  

4.00%, 04/01/2050

     3,500          4,076,147  

City of New York NY
Series 2012B
5.00%, 08/01/2030

     5,070          5,318,955  

Metropolitan Transportation Authority
Series 2012D
5.00%, 11/15/2029

     4,000          4,220,334  

Series 2012F
5.00%, 11/15/2027

     1,575          1,663,656  

Series 2013A
5.00%, 11/15/2029

     1,830          1,988,693  

Series 2014B
5.25%, 11/15/2034

     4,000          4,487,613  

Metropolitan Transportation Authority

(Metropolitan Transportation Authority Ded Tax)
Series 2016A
5.25%, 11/15/2035(c)

              14,260          17,425,432  

New York City Municipal Water Finance Authority
Series 2013D
5.00%, 06/15/2034

     3,600          3,921,034  

New York City NY Transitional
Series 2007B
5.00%, 08/01/2034(c)

     10,000          11,756,820  

New York State Dormitory Authority
Series 2012B
5.00%, 03/15/2032

     7,600          7,829,856  

Series 2012D
5.00%, 02/15/2029

     8,000          8,209,340  

Port Authority of New York & New Jersey
Series 2013178
5.00%, 12/01/2032

     4,400          4,860,041  

Ulster County Capital Resource Corp.

(Woodland Pond at New Paltz)
Series 2017
5.00%, 09/15/2037

     490          498,753  

5.25%, 09/15/2042-09/15/2053

     1,320          1,339,834  
       

 

 

 
          80,797,704  
       

 

 

 

North Carolina – 2.5%

       

North Carolina Medical Care Commission
Series 2015
5.00%, 06/01/2045

     4,445          5,137,820  

 

7


      Principal
Amount
(000)
       U.S. $ Value  

North Carolina Turnpike Authority
Series 2018
5.00%, 01/01/2040

   $ 5,000        $ 6,128,836  
       

 

 

 
                 11,266,656  
       

 

 

 

Ohio – 1.6%

       

City of Chillicothe/OH

(Adena Health System Obligated Group)
Series 2017
5.00%, 12/01/2047

     1,800          2,188,699  

County of Cuyahoga/OH

(MetroHealth System (The))
Series 2017
5.00%, 02/15/2042-02/15/2052

     3,740          4,352,182  

Ohio Higher Educational Facility Commission
Series 2020
4.00%, 07/01/2040

     730          860,378  
       

 

 

 
          7,401,259  
       

 

 

 

Oklahoma – 2.8%

       

Norman Regional Hospital Authority
Series 2019
3.25%, 09/01/2038

     2,015          2,228,468  

Oklahoma City Airport Trust
Series 2018
5.00%, 07/01/2043-07/01/2047

     7,000          8,583,629  

Tulsa Airports Improvement Trust
BAM Series 2015A
5.00%, 06/01/2045

     1,700          1,899,975  
       

 

 

 
          12,712,072  
       

 

 

 

Pennsylvania – 12.0%

       

Allegheny County Hospital Development Authority
Series 2018A
5.00%, 04/01/2047

     5,000          6,080,761  

Bucks County Industrial Development Authority

(Grand View Hospital/Sellersville PA Obligated Group)
Series 2021
4.00%, 07/01/2051

     2,250          2,575,127  

Butler County Hospital Authority
Series 2015
5.00%, 07/01/2035-07/01/2039

     3,510          3,980,089  

Montgomery County Higher Education and Health Authority
Series 2018
5.00%, 09/01/2043-09/01/2048

              13,250          16,363,718  

Pennsylvania Economic Development Financing Authority

(PA Bridges Finco LP)
Series 2015
5.00%, 12/31/2034-06/30/2042

     9,270          10,809,092  

Pennsylvania Turnpike Commission
Series 2014A
5.00%, 12/01/2031-12/01/2033

     6,355          7,327,021  

 

8


      Principal
Amount
(000)
       U.S. $ Value  

School District of Philadelphia (The)
Series 2016F
5.00%, 09/01/2035

   $ 5,000        $ 6,016,356  

Scranton School District/PA
BAM Series 2017E
4.00%, 12/01/2037

                1,025          1,196,463  
       

 

 

 
          54,348,627  
       

 

 

 

Puerto Rico – 0.8%

       

Puerto Rico Sales Tax Financing Corp. Sales Tax Revenue
Series 2019A
4.329%, 07/01/2040

     615          698,922  

5.00%, 07/01/2058

     2,625          3,060,829  
       

 

 

 
          3,759,751  
       

 

 

 

South Carolina – 4.8%

       

South Carolina Jobs-Economic Development Authority
Series 2018A
5.00%, 05/01/2048

     5,900          7,198,798  

South Carolina Ports Authority
Series 2015
5.00%, 07/01/2045

     5,000          5,902,338  

South Carolina Public Service Authority
Series 2014A
5.00%, 12/01/2049

     1,400          1,567,643  

Series 2014C
5.00%, 12/01/2046

     1,000          1,140,520  

Series 2016B
5.00%, 12/01/2041

     5,000          6,040,200  
       

 

 

 
                 21,849,499  
       

 

 

 

Tennessee – 2.2%

       

Chattanooga Health Educational & Housing Facility Board

(CommonSpirit Health)
Series 2019A
4.00%, 08/01/2037-08/01/2038

     420          496,312  

5.00%, 08/01/2049

     705          879,141  

Chattanooga-Hamilton County Hospital Authority
Series 2014
5.00%, 10/01/2044

     7,500          8,409,378  
       

 

 

 
          9,784,831  
       

 

 

 

Texas – 6.8%

       

Arlington Higher Education Finance Corp.
Series 2014A
5.00%, 08/15/2039

     4,805          5,500,564  

Central Texas Regional Mobility Authority
Series 2016
5.00%, 01/01/2040

     3,500          4,104,343  

City of Austin TX Water & Wastewater System Revenue
Series 2013A
5.00%, 11/15/2029

     5,000          5,423,315  

 

9


      Principal
Amount
(000)
       U.S. $ Value  

City of Houston TX Combined Utility System Revenue
Series 2011D
5.00%, 11/15/2026

   $ 5,000        $ 5,070,252  

New Hope Cultural Education Facilities Finance Corp.
AGM Series 2018A-1
5.00%, 07/01/2038-07/01/2048

     1,600          1,959,692  

North Texas Tollway Authority
Series 2015B
5.00%, 01/01/2040

     5,000          5,328,911  

Texas Private Activity Bond Surface Transportation Corp.

(NTE Mobility Partners Segments 3 LLC)
Series 2013
6.75%, 06/30/2043

     3,000          3,391,759  
       

 

 

 
          30,778,836  
       

 

 

 

Utah – 1.9%

       

City of Salt Lake City UT Airport Revenue
Series 2017A
5.00%, 07/01/2047

     4,500          5,407,598  

Series 2018A
5.00%, 07/01/2048

     2,500          3,043,129  
       

 

 

 
          8,450,727  
       

 

 

 

Washington – 0.3%

       

Washington State Housing Finance Commission
Series 2021A
3.50%, 12/20/2035

     998          1,177,680  
       

 

 

 

West Virginia – 1.0%

 

West Virginia Hospital Finance Authority
Series 2018A
5.00%, 06/01/2052

     3,875          4,724,869  
       

 

 

 

Wisconsin – 4.6%

 

Wisconsin Center District
AGM Series 2020C
Zero Coupon, 12/15/2036-12/15/2040

     9,555          6,022,095  

Wisconsin Public Finance Authority
Series 2021
4.00%, 07/01/2056

     2,250          2,605,723  

AGM Series 2018
5.00%, 07/01/2058

     10,000          12,044,364  
       

 

 

 
          20,672,182  
       

 

 

 

Total Municipal Obligations
(cost $640,481,119)

 

            704,312,822  
       

 

 

 

SHORT-TERM INVESTMENTS – 0.5%

 

Investment Companies – 0.5%

 

AB Fixed Income Shares, Inc. - Government Money Market Portfolio -
Class AB, 0.01%(e) (f) (g)
(cost $2,163,409)

         2,163,409          2,163,409  
       

 

 

 

 

10


                U.S. $ Value  

Total Investments – 156.4%
(cost $642,644,528)(h)

        $ 706,476,231  

Other assets less liabilities – (56.4)%

              (254,719,462
       

 

 

 

Net Assets – 100.0%

        $ 451,756,769  
       

 

 

 

 

(a)

When-Issued or delayed delivery security.

(b)

Security is exempt from registration under Rule 144A or Regulation S of the Securities Act of 1933. These securities are considered restricted, but liquid and may be resold in transactions exempt from registration. At July 31, 2021, the aggregate market value of these securities amounted to $4,153,591 or 0.9% of net assets.

(c)

Security represents the underlying municipal obligation of an inverse floating rate obligation held by the Fund.

(d)

Restricted and illiquid security.

 

Restricted & Illiquid
Securities
   Acquisition
Date
   Cost    Market
Value
   Percentage
of
Net Assets

Plymouth Educational Center Charter School
Series 2005
5.125%, 11/01/2023

       11/30/2005      $     2,134,827      $     1,944,417        0.43 %

 

(e)

Affiliated investments.

(f)

The rate shown represents the 7-day yield as of period end.

(g)

To obtain a copy of the fund’s shareholder report, please go to the Securities and Exchange Commission’s website at www.sec.gov, or call AB at (800) 227-4618.

(h)

As of July 31, 2021, the cost basis of investment securities owned was substantially identical for both book and tax purposes. Gross unrealized appreciation of investments was $64,039,230 and gross unrealized depreciation of investments was $(207,527), resulting in net unrealized appreciation of $63,831,703.

As of July 31, 2021, the Fund’s percentages of investments in municipal bonds that are insured and in insured municipal bonds that have been pre-refunded or escrowed to maturity are 7.3% and 0.0%, respectively.

Glossary:

AGM – Assured Guaranty Municipal

BAM – Build American Mutual

ETM – Escrowed to Maturity

OSF – Order of St. Francis

 

11


AB National Municipal Income Fund

July 31, 2021 (unaudited)

In accordance with U.S. GAAP regarding fair value measurements, fair value is defined as the price that the Fund would receive to sell an asset or pay to transfer a liability in an orderly transaction between market participants at the measurement date. U.S. GAAP establishes a framework for measuring fair value, and a three-level hierarchy for fair value measurements based upon the transparency of inputs to the valuation of an asset or liability (including those valued based on their market values). Inputs may be observable or unobservable and refer broadly to the assumptions that market participants would use in pricing the asset or liability. Observable inputs reflect the assumptions market participants would use in pricing the asset or liability based on market data obtained from sources independent of the Fund. Unobservable inputs reflect the Fund’s own assumptions about the assumptions that market participants would use in pricing the asset or liability based on the best information available in the circumstances. Each investment is assigned a level based upon the observability of the inputs which are significant to the overall valuation. The three-tier hierarchy of inputs is summarized below.

 

   

Level 1 - quoted prices in active markets for identical investments

   

Level 2 - other significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds, credit risk, etc.)

   

Level 3 - significant unobservable inputs (including the Fund’s own assumptions in determining the fair value of investments)

The fair value of debt instruments, such as bonds, and over-the-counter derivatives is generally based on market price quotations, recently executed market transactions (where observable) or industry recognized modeling techniques and are generally classified as Level 2. Pricing vendor inputs to Level 2 valuations may include quoted prices for similar investments in active markets, interest rate curves, coupon rates, currency rates, yield curves, option adjusted spreads, default rates, credit spreads and other unique security features in order to estimate the relevant cash flows which is then discounted to calculate fair values. If these inputs are unobservable and significant to the fair value, these investments will be classified as Level 3. In addition, non-agency rated investments are classified as Level 3.

Other fixed income investments, including non-U.S. government and corporate debt, are generally valued using quoted market prices, if available, which are typically impacted by current interest rates, maturity dates and any perceived credit risk of the issuer. Additionally, in the absence of quoted market prices, these inputs are used by pricing vendors to derive a valuation based upon industry or proprietary models which incorporate issuer specific data with relevant yield/spread comparisons with more widely quoted bonds with similar key characteristics. Those investments for which there are observable inputs are classified as Level 2. Where the inputs are not observable, the investments are classified as Level 3.

The following table summarizes the valuation of the Fund’s investments by the above fair value hierarchy levels as of July 31, 2021:

 

     Level 1     Level 2     Level 3      Total  
Assets:

 

Long-Term Municipal Bonds    $     $ 704,312,822     $      $ 704,312,822  
Short-Term Investments      2,163,409                    2,163,409  
Liabilities:

 

Variable Rate MuniFund Term Preferred Shares(a)                (231,980,532                (231,980,532
Floating Rate Notes(a)      (26,095,000                  (26,095,000
  

 

 

   

 

 

   

 

 

    

 

 

 
Total Investments in Securities      (23,931,591     472,332,290              448,400,699  
Other Financial Instruments(b)                          
  

 

 

   

 

 

   

 

 

    

 

 

 
Total    $     (23,931,591   $ 472,332,290     $                 —      $ 448,400,699  
  

 

 

   

 

 

   

 

 

    

 

 

 

 

12


(a) 

The Fund may hold liabilities in which the fair value approximates the carrying amount for financial statement purposes.

 

(b) 

Other financial instruments are derivative instruments, such as futures, forwards and swaps, which are valued at the unrealized appreciation/(depreciation) on the instrument. Other financial instruments may also include swaps with upfront premiums, options written and swaptions written which are valued at market value.

A summary of the Fund’s transactions in AB mutual funds for the nine months ended July 31, 2021 is as follows:

 

Fund   

Market Value

10/31/2020

(000)

    

Purchases

at Cost

(000)

    

Sales

Proceeds

(000)

    

Market Value

07/31/2021

(000)

    

Dividend

Income

(000)

 
Government Money Market Portfolio    $ 1,957      $ 31,276      $ 31,070      $ 2,163      $ 0 ** 

 

**

Amount less than $500.

 

 

13