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Alliancebernstein National Muni Fd (Alliancebernstein National Muni Fd) Net Margin % : 100.53% (As of Oct. 2023)


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What is Alliancebernstein National Muni Fd Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Alliancebernstein National Muni Fd's Net Income for the six months ended in Oct. 2023 was $-39.18 Mil. Alliancebernstein National Muni Fd's Revenue for the six months ended in Oct. 2023 was $-38.97 Mil. Therefore, Alliancebernstein National Muni Fd's net margin for the quarter that ended in Oct. 2023 was 100.53%.

The historical rank and industry rank for Alliancebernstein National Muni Fd's Net Margin % or its related term are showing as below:

AFB' s Net Margin % Range Over the Past 10 Years
Min: 93.32   Med: 99.05   Max: 150.25
Current: 150.25


AFB's Net Margin % is ranked better than
92.93% of 1669 companies
in the Asset Management industry
Industry Median: 86.05 vs AFB: 150.25

Alliancebernstein National Muni Fd Net Margin % Historical Data

The historical data trend for Alliancebernstein National Muni Fd's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Alliancebernstein National Muni Fd Net Margin % Chart

Alliancebernstein National Muni Fd Annual Data
Trend Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Net Margin %
Get a 7-Day Free Trial 99.05 94.72 98.38 100.44 150.25

Alliancebernstein National Muni Fd Semi-Annual Data
Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 91.77 100.42 100.46 99.47 100.53

Competitive Comparison of Alliancebernstein National Muni Fd's Net Margin %

For the Asset Management subindustry, Alliancebernstein National Muni Fd's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Alliancebernstein National Muni Fd's Net Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Alliancebernstein National Muni Fd's Net Margin % distribution charts can be found below:

* The bar in red indicates where Alliancebernstein National Muni Fd's Net Margin % falls into.



Alliancebernstein National Muni Fd Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Alliancebernstein National Muni Fd's Net Margin for the fiscal year that ended in Oct. 2023 is calculated as

Net Margin=Net Income (A: Oct. 2023 )/Revenue (A: Oct. 2023 )
=-1.22/-0.812
=150.25 %

Alliancebernstein National Muni Fd's Net Margin for the quarter that ended in Oct. 2023 is calculated as

Net Margin=Net Income (Q: Oct. 2023 )/Revenue (Q: Oct. 2023 )
=-39.177/-38.97
=100.53 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Alliancebernstein National Muni Fd  (NYSE:AFB) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Alliancebernstein National Muni Fd Net Margin % Related Terms

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Alliancebernstein National Muni Fd (Alliancebernstein National Muni Fd) Business Description

Traded in Other Exchanges
N/A
Address
1345 Avenue of the Americas, New York, NY, USA, 10105
Alliancebernstein National Muni Inc Fd is a diversified, closed-end management investment company. It seeks to provide high current income exempt from regular federal income tax by investing substantially all of its net assets in municipal securities that pay interest that is exempt from federal income tax.
Executives
Wells Fargo & Company/mn 10 percent owner 420 MONTGOMERY STREET, SAN FRANCISCO CA 94163
Wells Fargo Municipal Capital Strategies, Llc 10 percent owner 375 PARK AVENUE, NEW YORK NY 10152
Daryl Clements officer: VP & Portfolio Manager 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Andrew Potter officer: VP & Portfolio Manager 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Garry L Moody director 10951 GULF SHORE DRIVE, APT. 1201, NAPLES FL 34108
Joan M Lammtennant other: Director of Fund's Adviser 40 WANTAGE AVE, BRANCHVILLE NJ 07890
Marshall C Turner director 220 MONTGOMERY ST, PENTHOUSE 10, SAN FRANCISCO CA 94104
Todd Walthall other: Director of Fund's Adviser C/O ALLIANCEBERNSTEIN, 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Onur Erzan director, officer: President & CEO C/O ALLIANCE BERNSTEIN L.P., 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Jeanette W Loeb director 895 PARK AVENUE, NEW YORK NY 10075
Karl Sprules other: Head GTO of Fund's Adviser C/O ALLIANCEBERNSTEIN, 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Carol Mcmullen director 1345 AVENUE OF THE AMERICAS, 33RD FLOOR, NEW YORK NY 10105
Bertram L Scott other: Director of Fund's Adviser C/O BECTON DICKERSON & CO, 1 BECTON DR, FRANKLIN LAKES NJ 07417
Jorge A. Bermudez director CORPORATE LAW DEPT., CITIGROUP INC., 425 PARK AVENUE, NEW YORK NY 10043
Nella Domenici other: Director of Fund's Adviser C/O ALLIANCEBERNSTEIN, 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105