Karpus Management discloses 12.56% stake in AllianceBernstein Municipal Income Fund
Karpus Management, Inc., an investment adviser, disclosed beneficial ownership of 3,609,635 shares, or 12.56% of the class, in AllianceBernstein National Municipal Income Fund Inc. The shares are held with sole voting and dispositive power. Karpus stated the securities were acquired for investment purposes and has no current plans or proposals relating to matters enumerated in Item 4(a)-(j) of Schedule 13D.
Key facts
- Karpus Management, Inc. owns 3,609,635 shares (12.56% of class)
- Sole voting power: 3,609,635 shares
- Sole dispositive power: 3,609,635 shares
- Acquired for investment purposes with no activist plans disclosed
Why it matters
Karpus becomes a significant shareholder in the municipal income fund with full voting and dispositive control over its stake, though it has disclaimed any activist agenda or specific proposals for the fund.
Share
Derived from SC 13D filed 2026-07-16. Not investment advice. View the source filing on SEC.gov →