NYSE:AFB

Alliance National Municipal Income Fund Stock Insider Trading

Financial Services > Asset Management - Income

Buy AFB

*Your capital is at risk

$10.93

-0.0100 (-0.0914%)

At Close: Nov 17, 2025

Alliance National Municipal Income Fund Stock Insider Power

Based on the 100 latest insides trades, we have calculated the insider power to be negative at -93.35. In total, the insiders bought 97.77K and sold 429.22K AFB shares in the last 100 trades. The insider score can be negative despite buy/sell ratio being positive. The score focuses on the quality of the trades.

Insider Power (Last 100 transactions)	-93.35
● Buy	97.77K shares
● Sell	429.22K shares
31% Buy Activity Negligible or No Correlation
Sell Signal Medium Confidence Oct 27, 2025 Analysis Breakdown: Strongly supported by a very low Insider Power Score of -93.35. Confidence increased due to high data reliability score of 90.

Historical Insider Trades

Date	Type	Person	Role	Amount
Nov 06, 2025 Sell	Common Stock S-Sale	Saba Capital Management, L.p. 10 Percent Owner	10% Owner	19 623 Value: $214.1K
Nov 05, 2025 Sell	Common Stock S-Sale	Saba Capital Management, L.p. 10 Percent Owner	10% Owner	22 247 Value: $244.5K
Nov 04, 2025 Sell	Common Stock S-Sale	Saba Capital Management, L.p. 10 Percent Owner	10% Owner	30 873 Value: $339.9K
Nov 03, 2025 Sell	Common Stock S-Sale	Saba Capital Management, L.p. 10 Percent Owner	10% Owner	684 Value: $8K
Oct 31, 2025 Buy	Common Stock P-Purchase	Moody Garry L Director	Director	9 000 Value: $99.7K
Oct 31, 2025 Buy	Common Stock P-Purchase	Moody Garry L Director	Director	4 500 Value: $49.8K
Oct 29, 2025 Sell	Common Stock S-Sale	Saba Capital Management, L.p. 10 Percent Owner	10% Owner	7 693 Value: $84.6K
Oct 27, 2025 Sell	2018 Variable Rate MuniFund Term Preferred Shares J-Other	Wells Fargo & Company/mn 10 Percent Owner	10% Owner	3 531 Value: $88.5M
Oct 27, 2025 Sell	Common Stock S-Sale	Saba Capital Management, L.p. 10 Percent Owner	10% Owner	25 686 Value: $282.3K
Oct 24, 2025 Sell	Common Stock S-Sale	Saba Capital Management, L.p. 10 Percent Owner	10% Owner	19 800 Value: $218.0K
Oct 23, 2025 Sell	Common Stock S-Sale	Saba Capital Management, L.p. 10 Percent Owner	10% Owner	21 442 Value: $235.0K
Oct 22, 2025 Sell	Common Stock S-Sale	Saba Capital Management, L.p. 10 Percent Owner	10% Owner	1 955 Value: $21.6K
Oct 09, 2025 Sell	Common Stock S-Sale	Saba Capital Management, L.p. 10 Percent Owner	10% Owner	2 509 Value: $27.3K
Oct 09, 2025 Sell	Common Stock S-Sale	Saba Capital Management, L.p. 10 Percent Owner	10% Owner	2 509 Value: $27.3K
Oct 01, 2025 Sell	Common Stock S-Sale	Saba Capital Management, L.p. 10 Percent Owner	10% Owner	59 548 Value: $651.5K
Oct 01, 2025 Sell	Common Stock S-Sale	Saba Capital Management, L.p. 10 Percent Owner	10% Owner	59 548 Value: $651.5K
Sep 22, 2025 Sell	Common Stock S-Sale	Saba Capital Management, L.p. 10 Percent Owner	10% Owner	1 900 Value: $20.7K
Sep 22, 2025 Sell	Common Stock S-Sale	Saba Capital Management, L.p. 10 Percent Owner	10% Owner	1 900 Value: $20.7K
Sep 19, 2025 Sell	Common Stock S-Sale	Saba Capital Management, L.p. 10 Percent Owner	10% Owner	4 244 Value: $46.3K
Sep 19, 2025 Sell	Common Stock S-Sale	Saba Capital Management, L.p. 10 Percent Owner	10% Owner	4 244 Value: $46.3K
Sep 17, 2025 Sell	Common Stock S-Sale	Saba Capital Management, L.p. 10 Percent Owner	10% Owner	22 486 Value: $246.0K
Sep 17, 2025 Sell	Common Stock S-Sale	Saba Capital Management, L.p. 10 Percent Owner	10% Owner	22 486 Value: $246.0K
Sep 08, 2025 Sell	Common Stock S-Sale	Saba Capital Management, L.p. 10 Percent Owner	10% Owner	4 100 Value: $43.7K
Sep 08, 2025 Sell	Common Stock S-Sale	Saba Capital Management, L.p. 10 Percent Owner	10% Owner	4 100 Value: $43.7K
Sep 02, 2025 Sell	Common Stock S-Sale	Saba Capital Management, L.p. 10 Percent Owner	10% Owner	7 873 Value: $81.6K

About Insider Power

Insider Power is a proprietary algorithm developed by Stockinvest.us to evaluate the significance of insider transactions. The calculation considers the size, type, and timing of transactions, as well as the insider’s role within the company.

It is important to note that, in general, there is little to no correlation between insider transactions and short-term stock price movements. In one of our studies, only 0.22%^* of stocks with insider activity showed a measurable correlation — and even then, it was unclear whether the effect was caused by insider actions or simply by the stock’s broader trend.

While our algorithms are designed to highlight potentially meaningful signals, these cannot be regarded as statistically significant on their own. Insider trading activity should therefore be seen as informative rather than as direct trading guidance. The Insider Power metric was created to present this information in a clearer and more accessible way, helping investors better understand the possible context of insider activity.

* October 6th, 2025 - Tested on 5562 stocks

ABOUT ALLIANCE NATIONAL MUNICIPAL INCOME FUND INC

AllianceBernstein National Municipal Income Fund is a closed-ended fixed income mutual fund launched and managed by AllianceBernstein L.P. The fund invests in the fixed income markets of the United States. It primarily invests in investment-grade municipal securities which pay interest that is exempt from federal income tax. The fund seeks to invest in bonds rated Baa/BBB or higher. It employs both quantitative and fundamental analysis to create ...

Read Full Profile Here