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AFB (Alliancebernstein National Muni Fd) 5-Year Yield-on-Cost % : 2.64 (As of Mar. 24, 2025)


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What is Alliancebernstein National Muni Fd 5-Year Yield-on-Cost %?

Alliancebernstein National Muni Fd's yield on cost for the quarter that ended in Oct. 2024 was 2.64.


The historical rank and industry rank for Alliancebernstein National Muni Fd's 5-Year Yield-on-Cost % or its related term are showing as below:

AFB' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 2.22   Med: 2.85   Max: 4.21
Current: 2.64


During the past 8 years, Alliancebernstein National Muni Fd's highest Yield on Cost was 4.21. The lowest was 2.22. And the median was 2.85.


AFB's 5-Year Yield-on-Cost % is ranked worse than
83.26% of 1165 companies
in the Asset Management industry
Industry Median: 6.25 vs AFB: 2.64

Competitive Comparison of Alliancebernstein National Muni Fd's 5-Year Yield-on-Cost %

For the Asset Management subindustry, Alliancebernstein National Muni Fd's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % 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 5-Year Yield-on-Cost % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Alliancebernstein National Muni Fd's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Alliancebernstein National Muni Fd's 5-Year Yield-on-Cost % falls into.



Alliancebernstein National Muni Fd 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of Alliancebernstein National Muni Fd is calculated as

Yield-on-Cost=Dividend Yield %*(1+Dividend Growth Rate)^5

Alliancebernstein National Muni Fd  (NYSE:AFB) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.


Alliancebernstein National Muni Fd 5-Year Yield-on-Cost % Related Terms

Thank you for viewing the detailed overview of Alliancebernstein National Muni Fd's 5-Year Yield-on-Cost % provided by GuruFocus.com. Please click on the following links to see related term pages.


Alliancebernstein National Muni Fd Business Description

Traded in Other Exchanges
N/A
Address
66 Hudson Boulevard East, New York, NY, USA, 10005
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
Banc Of America Preferred Funding Corp 10 percent owner 214 NORTH TRYON STREET, CHARLOTTE NC 28255
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
Nella Domenici other: Director of Fund's Adviser C/O ALLIANCEBERNSTEIN, 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105