<SEC-DOCUMENT>0001193125-17-222492.txt : 20170706
<SEC-HEADER>0001193125-17-222492.hdr.sgml : 20170706
<ACCEPTANCE-DATETIME>20170706084834
ACCESSION NUMBER:		0001193125-17-222492
CONFORMED SUBMISSION TYPE:	N-CSRS
PUBLIC DOCUMENT COUNT:		10
CONFORMED PERIOD OF REPORT:	20170430
FILED AS OF DATE:		20170706
DATE AS OF CHANGE:		20170706
EFFECTIVENESS DATE:		20170706

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:		N-CSRS
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	811-10573
		FILM NUMBER:		17950907

	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
</SEC-HEADER>
<DOCUMENT>
<TYPE>N-CSRS
<SEQUENCE>1
<FILENAME>d391334dncsrs.htm
<DESCRIPTION>ALLIANCEBERNSTEIN NATIONAL MUNICIPAL INCOME FUND, INC.
<TEXT>
<HTML><HEAD>
<TITLE>AllianceBernstein National Municipal Income Fund, Inc.</TITLE>
</HEAD>
 <BODY BGCOLOR="WHITE">

 <P STYLE="line-height:1.0pt;margin-top:0pt;margin-bottom:0pt;border-bottom:1px solid #000000">&nbsp;</P>
<P STYLE="line-height:3.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000">&nbsp;</P> <P STYLE="margin-top:4pt; margin-bottom:0pt; font-size:18pt; font-family:Times New Roman" ALIGN="center"><B>UNITED STATES </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:18pt; font-family:Times New Roman" ALIGN="center"><B>SECURITIES AND EXCHANGE COMMISSION </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B>WASHINGTON, D.C. 20549 </B></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center>
<P STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</P></center> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:18pt; font-family:Times New Roman" ALIGN="center"><B>FORM <FONT
STYLE="white-space:nowrap">N-CSR</FONT> </B></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center>
<P STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</P></center> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B>CERTIFIED
SHAREHOLDER REPORT OF REGISTERED </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B>MANAGEMENT INVESTMENT COMPANIES </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>Investment Company Act file number: <FONT STYLE="white-space:nowrap">811-10573</FONT> </B></P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center> <P STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</P></center>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:16pt; font-family:Times New Roman" ALIGN="center"><B>ALLIANCEBERNSTEIN NATIONAL MUNICIPAL INCOME FUND, INC. </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>(Exact name of registrant as specified in charter) </B></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center>
<P STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</P></center> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>1345 Avenue
of the Americas, New York, New York 10105 </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>(Address of principal executive offices) (Zip code) </B></P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center> <P STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</P></center>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>Joseph J. Mantineo </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>AllianceBernstein L.P. </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>1345 Avenue of the Americas </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>New York, New York 10105 </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>(Name and address of agent for service) </B></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center>
<P STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</P></center>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>Registrant&#146;s telephone number, including area code: (800) <FONT STYLE="white-space:nowrap">221-5672</FONT> </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>Date of fiscal year end: October&nbsp;31, 2017 </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>Date of reporting period: April&nbsp;30, 2017 </B></P> <P STYLE="font-size:10pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<P STYLE="line-height:3.0pt;margin-top:0pt;margin-bottom:0pt;border-bottom:1px solid #000000">&nbsp;</P> <P STYLE="line-height:3.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000">&nbsp;</P>

<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>ITEM 1. REPORTS TO STOCKHOLDERS. </B></P>
<P STYLE="font-size:6pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>

<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="right"><FONT STYLE="font-family:arial" SIZE="5"><B>APR</B></FONT><FONT STYLE="font-family:arial" SIZE="2"><SUP
STYLE="vertical-align:baseline; position:relative; bottom:.8ex">&nbsp;&nbsp;&nbsp;&nbsp;04.30.17</SUP></FONT><FONT STYLE="font-family:arial" SIZE="5"><B>
</B></FONT></P><DIV STYLE="position:relative;float:left; width:10%;padding-right:1%;padding-bottom:8pt;overflow:hidden;padding-top:3pt">
 <P STYLE="margin-top:0px;margin-bottom:0px">


<IMG SRC="g391334abcorplogo_40.jpg" ALT="LOGO">
 </P></DIV><DIV STYLE="position:relative;float:left; margin-left:2%; width:86%;padding-right:1%;padding-bottom:8pt;overflow:hidden;padding-top:3pt">
 <P STYLE="font-size:120px;margin-top:0px;margin-bottom:0px">&nbsp;</P> <P STYLE="margin-top:30px;margin-bottom:0px"><FONT STYLE="font-family:arial" SIZE="3">SEMI-ANNUAL REPORT </FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:arial" SIZE="6" COLOR="#6a86b8"><B>ALLIANCEBERNSTEIN </B></FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:arial" SIZE="6" COLOR="#6a86b8"><B>NATIONAL MUNICIPAL INCOME FUND </B></FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:arial" SIZE="6" COLOR="#6a86b8"><B>(NYSE: AFB) </B></FONT></P></DIV><div style="clear:both; height:0px; font-size:0px">&nbsp;</div>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px">


<IMG SRC="g39133450years_pms7682.jpg" ALT="LOGO">
 </P> <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px">


<IMG SRC="g391334image7682.jpg" ALT="LOGO">
 </P>

<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="font-size:120px;margin-top:0px;margin-bottom:0px">&nbsp;</P> <P STYLE="font-size:120px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="70%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE">


<TR>
<TD WIDTH="28%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="69%"></TD></TR>


<TR STYLE="font-size:1pt">
<TD HEIGHT="5"></TD>
<TD HEIGHT="5" COLSPAN="2" STYLE="BORDER-LEFT:1px solid #6a86b8; BORDER-TOP:1px solid #6a86b8; BORDER-RIGHT:1px solid #6a86b8">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="middle"><FONT STYLE="font-family:ARIAL" SIZE="1" COLOR="#6a86b8">Investment&nbsp;Products&nbsp;Offered</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-LEFT:1px solid #6a86b8; BORDER-BOTTOM:1px solid #6a86b8"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="middle" STYLE="BORDER-RIGHT:1px solid #6a86b8; BORDER-BOTTOM:1px solid #6a86b8; padding-right:8px"> <P STYLE="margin-left:0.88em; text-indent:-0.75em"><FONT STYLE="font-family:ARIAL" SIZE="1" COLOR="#6a86b8"><FONT
STYLE="font-family:Times New Roman" SIZE="1" COLOR="#6a86b8">&#149;</FONT><FONT STYLE="font-family:ARIAL" SIZE="1" COLOR="#6a86b8"></FONT>&nbsp;Are Not FDIC Insured <FONT STYLE="font-family:Times New Roman" SIZE="1" COLOR="#6a86b8">&#149;</FONT><FONT
STYLE="font-family:ARIAL" SIZE="1" COLOR="#6a86b8"></FONT> May Lose Value <FONT STYLE="font-family:Times New Roman" SIZE="1" COLOR="#6a86b8">&#149;</FONT><FONT STYLE="font-family:ARIAL" SIZE="1" COLOR="#6a86b8"></FONT> Are Not Bank
Guaranteed</FONT></P></TD></TR>
</TABLE> <P STYLE="margin-top:2px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="1" COLOR="#6a86b8">You may obtain a description of the Fund&#146;s proxy voting policies and procedures, and information regarding how
the Fund voted proxies relating to portfolio securities during the most recent <FONT STYLE="white-space:nowrap">12-month</FONT> period ended June&nbsp;30, without charge. Simply visit AB&#146;s website at www.abfunds.com, or go to the Securities and
Exchange Commission&#146;s (the &#147;Commission&#148;) website at www.sec.gov, or call AB at (800)&nbsp;227 4618. </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="1" COLOR="#6a86b8">The Fund files its
complete schedule of portfolio holdings with the Commission for the first and third quarters of each fiscal year on Form <FONT STYLE="white-space:nowrap">N-Q.</FONT> The Fund&#146;s Forms <FONT STYLE="white-space:nowrap">N-Q</FONT> are available on
the Commission&#146;s website at www.sec.gov. The Fund&#146;s Forms <FONT STYLE="white-space:nowrap">N-Q</FONT> may also be reviewed and copied at the Commission&#146;s Public Reference Room in Washington, DC; information on the operation of the
Public Reference Room may be obtained by calling (800)&nbsp;SEC 0330. </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="1" COLOR="#6a86b8">AllianceBernstein Investments, Inc. (ABI) is the distributor of
the AB family of mutual funds. ABI is a member of FINRA and is an affiliate of AllianceBernstein L.P., the Adviser of the funds. </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px;padding-bottom:0px; "><FONT
STYLE="font-family:ARIAL" SIZE="1" COLOR="#6a86b8">The [A/B] logo is a registered service mark of AllianceBernstein and AllianceBernstein<SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex">&reg;</SUP> is a registered service mark
used by permission of the owner, AllianceBernstein L.P. </FONT></P>

<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="line-height:0px;margin-top:0px;margin-bottom:2px;border-bottom:0.3pt solid #6a86b8">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE" ALIGN="center">


<TR>
<TD WIDTH="35%"></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD WIDTH="62%"></TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="2" COLOR="#6a86b8"><B>FROM&nbsp;THE&nbsp;PRESIDENT</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right">


<IMG SRC="g391334g59k71.jpg" ALT="LOGO">
</TD></TR>
</TABLE> <P STYLE="margin-top:24px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">Dear Shareholder, </FONT></P> <P STYLE="margin-top:9px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">We are pleased
to provide this report for AllianceBernstein National Municipal Income Fund (the &#147;Fund&#148;). Please review the discussion of Fund performance, the market conditions during the reporting period and the Fund&#146;s investment strategy.
</FONT></P> <P STYLE="margin-top:9px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">As always, AB strives to keep clients ahead of what&#146;s next by: </FONT></P> <P STYLE="font-size:9px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="1%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="2"><SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex">&#043;</SUP>&nbsp;</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="2">Transforming uncommon insights into uncommon knowledge with a global research scope </FONT></P></TD></TR></TABLE>
<P STYLE="font-size:4px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="1%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="2"><SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex">&#043;</SUP>&nbsp;</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="2">Navigating markets with seasoned investment experience and sophisticated solutions </FONT></P></TD></TR></TABLE>
<P STYLE="font-size:4px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="1%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="2"><SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex">&#043;</SUP>&nbsp;</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="2">Providing thoughtful investment insights and actionable ideas </FONT></P></TD></TR></TABLE> <P STYLE="margin-top:9px;margin-bottom:0px"><FONT
STYLE="font-family:ARIAL" SIZE="2">Whether you&#146;re an individual investor or a multi-billion-dollar institution, we put knowledge and experience to work for you. </FONT></P> <P STYLE="margin-top:9px;margin-bottom:0px"><FONT
STYLE="font-family:ARIAL" SIZE="2">AB&#146;s global research organization connects and collaborates across platforms and teams to deliver impactful insights and innovative products. Better insights lead to better opportunities&#151;anywhere in the
world. </FONT></P> <P STYLE="margin-top:9px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">For additional information about AB&#146;s range of products and shareholder resources, please log on to www.abfunds.com. </FONT></P>
<P STYLE="margin-top:9px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">Thank you for your investment in the AB Mutual Funds. </FONT></P> <P STYLE="margin-top:9px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">Sincerely,
</FONT></P> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P> <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:0%">


<IMG SRC="g391334g30w01.jpg" ALT="LOGO">
 </P> <P STYLE="margin-top:9px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">Robert M. Keith </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">President and
Chief Executive Officer, AB Mutual Funds </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE">

<TR>
<TD WIDTH="14%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="83%"></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>abfunds.com</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>ALLIANCEBERNSTEIN NATIONAL MUNICIPAL INCOME
FUND&nbsp;&nbsp;&nbsp;&nbsp;<SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex">|</SUP>&nbsp;&nbsp;&nbsp;&nbsp;1</B></FONT></TD></TR></TABLE>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="line-height:0px;margin-top:0px;margin-bottom:2px;border-bottom:0.3pt solid #6a86b8">&nbsp;</P>
<P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2" COLOR="#6a86b8"><B>SEMI-ANNUAL REPORT </B></FONT></P> <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2"><B>June&nbsp;12, 2017 </B></FONT></P> <P STYLE="margin-top:4px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">This report provides management&#146;s
discussion of fund performance for AllianceBernstein National Municipal Income Fund for the semi-annual reporting period ended April&nbsp;30, 2017. The Fund is a closed-end fund and its shares are listed and traded on the New York Stock Exchange.
</FONT></P> <P STYLE="margin-top:3px;margin-bottom:0px; margin-left:1%;margin-right:1%"><FONT STYLE="font-family:ARIAL" SIZE="2"><B>The Fund 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. </B></FONT></P> <P STYLE="margin-top:16px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>RETURNS AS OF APRIL 30, 2017
</B>(unaudited)<B> </B></FONT></P> <P STYLE="font-size:4px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE" ALIGN="center">


<TR>
<TD WIDTH="67%"></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD VALIGN="bottom" WIDTH="8%"></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center"><FONT STYLE="font-family:ARIAL" SIZE="1">6&nbsp;Months</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center"><FONT STYLE="font-family:ARIAL" SIZE="1">12&nbsp;Months</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>


<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>ALLIANCEBERNSTEIN<BR>NATIONAL MUNICIPAL INCOME FUND (NAV)</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">-1.88%</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">-0.90%</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">Bloomberg Barclays Municipal Bond Index</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">-0.34%</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">0.14%</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:4px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="1">The Fund&#146;s market price per share on April&nbsp;30, 2017 was $13.60. The Fund&#146;s NAV price per share on April&nbsp;30, 2017
was $14.71. For additional Financial Highlights, please see pages 46-47. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2" COLOR="#6a86b8"><B>INVESTMENT RESULTS </B></FONT></P>
<P STYLE="margin-top:2px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">The table above shows the Fund&#146;s performance compared to its benchmark, the Bloomberg Barclays Municipal Bond Index, for the six- and <FONT
STYLE="white-space:nowrap">12-month</FONT> periods ended April&nbsp;30, 2017. </FONT></P> <P STYLE="margin-top:9px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">The Fund underperformed the benchmark for both periods. Yield-curve
positioning detracted from performance for both periods, relative to the benchmark, because of an overweight to intermediate-duration bonds. Over the 12-month period, an underweight to state general obligation bonds benefited performance, while an
overweight in pre-refunded bonds detracted. Security selection within special tax and transportation bonds added to performance and security selection in the industrial revenue bond sector detracted. Over the six-month period, security selection
within the pre-refunded bond sector benefited performance and detracted within the state general obligation and health care sectors. </FONT></P> <P STYLE="margin-top:9px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">Leverage, achieved
through the usage of auction rate preferred shares, tender option bonds (&#147;TOBs&#148;) and variable rate municipal term preferred shares, detracted from the Fund&#146;s total return since yields rose over both periods, but benefited the
Fund&#146;s income since the spread between the Fund&#146;s borrowing and investment rates remained positive. </FONT></P> <P STYLE="margin-top:9px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">The Fund utilized derivatives, including
interest rate swaps for hedging purposes, which had no material impact on absolute performance, during both periods. </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE">

<TR>
<TD WIDTH="81%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="14%"></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>2&nbsp;&nbsp;&nbsp;&nbsp;<SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex">|</SUP>&nbsp;&nbsp;&nbsp;&nbsp;ALLIANCEBERNSTEIN NATIONAL MUNICIPAL INCOME
FUND</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>abfunds.com</B></FONT></TD></TR></TABLE>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2" COLOR="#6a86b8"><B>MARKET REVIEW AND INVESTMENT STRATEGY </B></FONT></P> <P STYLE="margin-top:2px;margin-bottom:0px"><FONT
STYLE="font-family:ARIAL" SIZE="2">The relatively strong performance of equities and corporate bonds during both periods reflected investors&#146; expectations that economic growth should be solid going forward. Within the municipal market, this
sentiment was reflected in higher interest rates and the better performance of mid-grade bonds over high-grade bonds. The Fund&#146;s Senior Investment Management Team (the &#147;Team&#148;) positioned the Fund to be what it considers neutral with
respect to interest-rate risk. Given the still-sizable debt overhang in the US and other major economies, rates may not climb as high as they have in previous tightening cycles, and this may limit future increases in longer-term bond yields.
</FONT></P> <P STYLE="margin-top:9px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">The specter of tax reform remains on the horizon, though the chances of significant reform have declined recently as Republicans continue to grapple
with repealing and replacing the Affordable Care Act. At the end of the reporting period, the market yields of municipal bonds relative to taxable bonds suggested a low probability of significant tax reform. The after-tax income of municipals
relative to taxable bonds would be below average, however, if tax rates were cut to 33%, as proposed by both President Trump and House Speaker Ryan. The relative advantage of municipals would fall sharply if long-term capital gains rates were cut as
in certain proposals and taxable interest were subject to the same reduced rate. While significant tax reform may be unlikely in the near term, the Team continues to position the Fund with a relatively small portion in the longest-maturity bonds;
this may potentially reduce the Fund&#146;s exposure to tax reform should a push to significantly cut taxes materialize in the months ahead. </FONT></P> <P STYLE="margin-top:9px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">The Fund
may purchase municipal securities that are insured under policies issued by certain insurance companies. Historically, insured municipal securities typically received a higher credit rating, which meant that the issuer of the securities paid a lower
interest rate. As a result of declines in the credit quality and associated downgrades of most fund insurers, insurance has less value than it did in the past. The market now values insured municipal securities primarily based on the credit quality
of the issuer of the security with little value given to the insurance feature. In purchasing such insured securities, the Adviser evaluates the risk and return of municipal securities through its own research. If an insurance company&#146;s rating
is downgraded or the company becomes insolvent, the prices of municipal securities insured by the insurance company may decline. As of April&nbsp;30, 2017, the Fund&#146;s percentages of investments in municipal bonds that are insured and in insured
municipal bonds that have been pre-refunded or escrowed to maturity were 3.70% and 1.06%, respectively. </FONT></P> <P STYLE="margin-top:9px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">Since February 2008, auctions of the auction
rate preferred shares have had fewer buyers than sellers and, as a result, the auctions have &#147;failed&#148;. The failed auctions did not lower the credit quality of the auction rate preferred shares, but rather meant that a holder was unable to
sell the auction </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE">

<TR>
<TD WIDTH="14%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="83%"></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>abfunds.com</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>ALLIANCEBERNSTEIN NATIONAL MUNICIPAL INCOME
FUND&nbsp;&nbsp;&nbsp;&nbsp;<SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex">|</SUP>&nbsp;&nbsp;&nbsp;&nbsp;3</B></FONT></TD></TR></TABLE>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">
rate preferred securities in the auctions, so that there was a loss of liquidity for the holders of the auction rate preferred shares. When an auction fails, the auction rate preferred shares pay
interest on a formula-based maximum rate based on AA-commercial paper and short-term municipal bond rates. In the extremely low short-term interest rate environment of recent years, the interest rates resulting from such a formula have been much
lower than the returns on the Fund&#146;s investments and the cost of alternative forms of leverage available to the Fund. However, to the extent that the cost of this leverage increases in the future and earnings from the Fund&#146;s investments do
not increase, the Fund&#146;s net investment returns may decline. </FONT></P> <P STYLE="margin-top:9px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">In July 2015, the Fund announced a tender offer of up to 100% of its outstanding
auction rate preferred shares at a price equal to 94% of the liquidation preference of $25,000 per share. The result of accepting tendered shares in September 2015, and replacing the leverage associated with these shares with an alternative form of
leverage, was to increase the Fund&#146;s net asset value, but at least in the near term to increase the cost of leverage. Over time, the Team believes diversifying sources of leverage will lead to lower borrowing costs. </FONT></P>
<P STYLE="margin-top:9px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">The Team continues to explore, and discuss with the Board of Directors, other liquidity and leverage options, including TOBs, which it has used in the past; this
may result in additional auction rate preferred shares being redeemed in the future. The Fund is not required to redeem any auction rate preferred shares, and the Team expects to continue to rely on the auction rate preferred shares for a portion of
the Fund&#146;s leverage exposure. </FONT></P> <P STYLE="margin-top:8px;margin-bottom:0px; margin-left:1%"><FONT STYLE="font-family:ARIAL" SIZE="2" COLOR="#6a86b8"><B>INVESTMENT POLICIES </B></FONT></P>
<P STYLE="margin-top:2px;margin-bottom:0px; margin-left:1%;margin-right:1%"><FONT STYLE="font-family:ARIAL" SIZE="2" COLOR="#6a86b8">The Fund will normally invest at least 80%, and normally substantially all, of its net assets in municipal
securities paying interest that is exempt from regular federal income tax. The Fund also normally will invest at least 75% of its assets in investment-grade municipal securities or unrated municipal securities considered to be of comparable quality.
The Fund may invest up to 25% of its net assets in municipal bonds rated below investment-grade and unrated municipal bonds considered to be of comparable quality as determined by the Adviser. The Fund intends to invest primarily in municipal
securities that pay interest that is not subject to the federal alternative minimum tax (&#147;AMT&#148;), but may invest without limit in municipal securities paying interest that is subject to the federal AMT. For more information regarding the
Fund&#146;s risks, please see &#147;Disclosures and Risks&#148; on pages 5-8 and &#147;Note G&#151;Risks Involved in Investing in the Fund&#148; of the Notes to Financial Statements on pages 40-44. </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE">

<TR>
<TD WIDTH="81%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="14%"></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>4&nbsp;&nbsp;&nbsp;&nbsp;<SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex">|</SUP>&nbsp;&nbsp;&nbsp;&nbsp;ALLIANCEBERNSTEIN NATIONAL MUNICIPAL INCOME
FUND</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>abfunds.com</B></FONT></TD></TR></TABLE>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="line-height:0px;margin-top:0px;margin-bottom:2px;border-bottom:0.3pt solid #6a86b8">&nbsp;</P>
<P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2" COLOR="#6a86b8"><B>DISCLOSURES AND RISKS </B></FONT></P> <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2"><B>AllianceBernstein National Municipal Income Fund </B></FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2"><B>Shareholder Information </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2"><B>Weekly comparative net asset
value (&#147;NAV&#148;) and market price information about the Fund is published each Saturday in </B><B><I>Barron&#146;s</I></B><B> and in other newspapers in a table called &#147;Closed End Funds&#148;. Daily NAVs and market price information, and
additional information regarding the Fund, is available at www.abfunds.com and www.nyse.com. For additional shareholder information regarding this Fund, please see pages&nbsp;48-49.</B> </FONT></P> <P STYLE="margin-top:9px;margin-bottom:0px"><FONT
STYLE="font-family:ARIAL" SIZE="2"><B>Benchmark Disclosure </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2"><B>The Bloomberg Barclays Municipal Bond Index is unmanaged and does not reflect fees and
expenses associated with the active management of a mutual fund portfolio.</B> The Bloomberg Barclays Municipal Bond Index represents the performance of the long-term tax-exempt bond market consisting of investment-grade bonds. In addition, the
Index does not reflect the use of leverage, whereas the Fund utilizes leverage. An investor cannot invest directly in an index, and its results are not indicative of the performance for any specific investment, including the Fund. </FONT></P>
<P STYLE="margin-top:9px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2"><B>A Word About Risk </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">Among the risks of investing in the Fund
are changes in the general level of interest rates or changes in bond credit quality ratings. Changes in interest rates have a greater effect on bonds with longer maturities than on those with shorter maturities. Please note, as interest rates rise,
existing bond prices fall and can cause the value of your investment in the Fund to decline. While the Fund invests principally in bonds and other fixed-income securities, in order to achieve its investment objectives, the Fund may at times use
certain types of investment derivatives, such as options, futures, forwards and swaps. These instruments involve risks different from, and in certain cases, greater than, the risks presented by more traditional investments. At the discretion of the
Fund&#146;s Adviser, the Fund may invest up to 25% of its net assets in municipal bonds that are rated below investment grade (<I>i.e.</I>, &#147;junk bonds&#148;). These securities involve greater volatility and risk than higher-quality
fixed-income securities. </FONT></P> <P STYLE="margin-top:9px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2"><B>Leverage Risks:</B> The Fund uses financial leverage for investment purposes, which involves leverage risk. The Fund&#146;s
outstanding auction preferred shares and variable rate municipal fund term preferred shares (together &#147;Preferred Shares&#148;) result in leverage. The Fund may also use other types of financial leverage, including TOBs, either in combination
with, or in lieu of, the Preferred Shares. The Fund utilizes leverage to seek to enhance the yield and NAV attributable to its Common Stock. These </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE">

<TR>
<TD WIDTH="14%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="83%"></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>abfunds.com</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>ALLIANCEBERNSTEIN NATIONAL MUNICIPAL INCOME
FUND&nbsp;&nbsp;&nbsp;&nbsp;<SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex">|</SUP>&nbsp;&nbsp;&nbsp;&nbsp;5</B></FONT></TD></TR></TABLE>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="line-height:0px;margin-top:0px;margin-bottom:2px;border-bottom:0.3pt solid #6a86b8">&nbsp;</P>
<P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2" COLOR="#6a86b8"><B>DISCLOSURES AND RISKS </B>(continued)<B> </B></FONT></P> <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">objectives may not be achieved in all interest rate environments. Leverage creates certain risks for holders of Common Stock, including the likelihood of greater
volatility of the NAV and market price of the Common Stock. If income from the securities purchased from the funds made available by leverage is not sufficient to cover the cost of leverage, the Fund&#146;s return will be less than if leverage had
not been used. As a result, the amounts available for distribution to Common Stockholders as dividends and other distributions will be reduced. During periods of rising short-term interest rates, the interest paid on the Preferred Shares or the
floaters issued in connection with the Fund&#146;s TOB transactions would increase. In addition, the interest paid on inverse floaters held by the Fund, whether issued in connection with the Fund&#146;s TOB transactions or purchased in a secondary
market transaction, would decrease. Under such circumstances, the Fund&#146;s income and distributions to Common Stockholders may decline, which would adversely affect the Fund&#146;s yield and possibly the market value of its shares. If rising
short-term rates coincide with a period of rising long-term rates, the value of the long-term municipal bonds purchased with the proceeds of leverage would decline, adversely affecting the net asset value attributable to the Fund&#146;s common stock
and possibly the market value of the shares. </FONT></P> <P STYLE="margin-top:9px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2"><B>Tax Risk:</B> There is no guarantee that all of the Fund&#146;s income will remain exempt from federal
or state income taxes. From time to time, the US government and the US Congress consider changes in federal tax law that could limit or eliminate the federal tax exemption for municipal bond income, which would in effect reduce the net income
received by shareholders from the Fund by increasing taxes on that income. In such event, the Fund&#146;s NAV could also decline as yields on municipal bonds, which are typically lower than those on taxable bonds, would be expected to increase to
approximately the yield of comparable bonds. </FONT></P> <P STYLE="margin-top:9px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2"><B>Market Risk:</B> The value of the Fund&#146;s assets will fluctuate as the bond market fluctuates. The
value of the Fund&#146;s investments may decline, sometimes rapidly and unpredictably, simply because of economic changes or other events that affect large portions of the market. </FONT></P> <P STYLE="margin-top:9px;margin-bottom:0px"><FONT
STYLE="font-family:ARIAL" SIZE="2"><B>Credit Risk:</B> An issuer or guarantor of a fixed-income security, or the counterparty to a derivatives or other contract, may be unable or unwilling to make timely payments of interest or principal, or to
otherwise honor its obligations. The issuer or guarantor may default, causing a loss of the full principal amount of a security. The degree of risk for a particular security may be reflected in its credit rating. There is the possibility that the
credit rating of a fixed-income security may be downgraded after purchase, which may adversely affect the value of the security. Investments in fixed-income </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE">

<TR>
<TD WIDTH="81%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="14%"></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>6&nbsp;&nbsp;&nbsp;&nbsp;<SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex">|</SUP>&nbsp;&nbsp;&nbsp;&nbsp;ALLIANCEBERNSTEIN NATIONAL MUNICIPAL INCOME
FUND</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>abfunds.com</B></FONT></TD></TR></TABLE>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="line-height:0px;margin-top:0px;margin-bottom:2px;border-bottom:0.3pt solid #6a86b8">&nbsp;</P>
<P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2" COLOR="#6a86b8"><B>DISCLOSURES AND RISKS </B>(continued)<B> </B></FONT></P> <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">securities with lower ratings tend to have a higher probability that an issuer will default or fail to meet its payment obligations. </FONT></P>
<P STYLE="margin-top:9px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2"><B>Interest Rate Risk:</B> Changes in interest rates will affect the value of investments in fixed-income securities. When interest rates rise, the value of
investments in fixed-income securities tends to fall and this decrease in value may not be offset by higher income from new investments. Interest rate risk is generally greater for fixed-income securities with longer maturities or durations.
</FONT></P> <P STYLE="margin-top:9px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2"><B>Inflation Risk:</B> This is the risk that the value of assets or income from investments will be less in the future as inflation decreases the value
of money. As inflation increases, the value of the Fund&#146;s assets can decline as can the value of the Fund&#146;s distributions. This risk is significantly greater for fixed-income securities with longer maturities. </FONT></P>
<P STYLE="margin-top:9px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2"><B>Derivatives Risk:</B> Investments in derivatives may be illiquid, difficult to price, and leveraged so that small changes may produce disproportionate losses for
the Fund, and may be subject to counterparty risk to a greater degree than more traditional investments. </FONT></P> <P STYLE="margin-top:9px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2"><B>Liquidity Risk:</B> Liquidity risk occurs
when certain investments become difficult to purchase or sell. Difficulty in selling less liquid securities may result in sales at disadvantageous prices affecting the value of your investment in the Fund. Causes of liquidity risk may include low
trading volumes and large positions. Municipal securities may have more liquidity risk than other fixed-income securities because they trade less frequently and the market for municipal securities is generally smaller than many other markets.
</FONT></P> <P STYLE="margin-top:9px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2"><B>Duration Risk:</B> Duration is a measure that relates the expected price volatility of a fixed-income security to changes in interest rates. The
duration of a fixed-income security may be shorter than or equal to full maturity of a fixed-income security. Fixed-income securities with longer durations have more risk and will decrease in price as interest rates rise. For example, a fixed-income
security with a duration of three years will decrease in value by approximately 3% if interest rates increase by 1%. </FONT></P> <P STYLE="margin-top:9px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2"><B>Management Risk:</B> The Fund is
subject to management risk because it is an actively managed investment fund. The Adviser will apply its investment techniques and risk analyses in making investment decisions, but there is no guarantee that its techniques will produce the intended
results. </FONT></P> <P STYLE="margin-top:9px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">These risks are fully discussed in the Fund&#146;s prospectus. As with all investments, you may lose money by investing in the Fund.
</FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE">

<TR>
<TD WIDTH="14%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="83%"></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>abfunds.com</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>ALLIANCEBERNSTEIN NATIONAL MUNICIPAL INCOME
FUND&nbsp;&nbsp;&nbsp;&nbsp;<SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex">|</SUP>&nbsp;&nbsp;&nbsp;&nbsp;7</B></FONT></TD></TR></TABLE>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="line-height:0px;margin-top:0px;margin-bottom:2px;border-bottom:0.3pt solid #6a86b8">&nbsp;</P>
<P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2" COLOR="#6a86b8"><B>DISCLOSURES AND RISKS </B>(continued)<B> </B></FONT></P> <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2"><B>An Important Note About Historical Performance </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2"><B>The
performance shown in this report represents past performance and does not guarantee future results. Current performance may be lower or higher than the performance information shown. All fees and expenses related to the operation of the Fund have
been deducted. Performance assumes reinvestment of distributions and does not account for taxes. </B></FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE">

<TR>
<TD WIDTH="81%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="14%"></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>8&nbsp;&nbsp;&nbsp;&nbsp;<SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex">|</SUP>&nbsp;&nbsp;&nbsp;&nbsp;ALLIANCEBERNSTEIN NATIONAL MUNICIPAL INCOME
FUND</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>abfunds.com</B></FONT></TD></TR></TABLE>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="line-height:0px;margin-top:0px;margin-bottom:2px;border-bottom:0.3pt solid #6a86b8">&nbsp;</P>
<P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2" COLOR="#6a86b8"><B>PORTFOLIO SUMMARY </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>April&nbsp;30, 2017
</B>(unaudited)<B> </B></FONT></P> <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="1">PORTFOLIO STATISTICS </FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="1">Net Assets ($mil): $422.9 </FONT></P> <P STYLE="font-size:10px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<P STYLE="line-height:1px;margin-top:0px;margin-bottom:2px;border-bottom:0.8pt solid #8c8c8c">&nbsp;</P> <P STYLE="font-size:3px;margin-top:0px;margin-bottom:0px">&nbsp;</P> <P STYLE="margin-top:0px;margin-bottom:0px">


<IMG SRC="g391334g18j22.jpg" ALT="LOGO">
 </P> <P STYLE="font-size:4px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="1%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="1">1</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">All data are as of April&nbsp;30, 2017. The Fund&#146;s quality rating breakdown is expressed as a percentage of the Fund&#146;s total investments in municipal securities and may
vary over time. The Fund also enters into derivative transactions, which may be used for hedging or investment purposes (see &#147;Portfolio of Investments&#148; section of the report for additional details). The quality ratings are determined by
using the Standard&nbsp;&amp; Poor&#146;s Global Ratings (&#147;S&amp;P&#148;), Moody&#146;s Investors Services, Inc. (&#147;Moody&#146;s&#148;) and Fitch Ratings, Ltd. (&#147;Fitch&#148;). The Fund considers the credit ratings issued by S&amp;P,
Moody&#146;s and Fitch and uses the highest rating issued by the agencies. These ratings are a measure of the quality and safety of a bond or portfolio, based on the issuer&#146;s financial condition. AAA is the highest (best) and D is the lowest
(worst). If applicable, the Pre-refunded category includes bonds which are secured by U.S. Government securities and therefore are deemed high-quality investment grade by the Adviser. If applicable, Not Applicable (N/A) includes non-creditworthy
investments; such as equities, currency contracts, futures and options. If applicable, the Not Rated category includes bonds that are not rated by a nationally recognized statistical rating organization. The Adviser evaluates the creditworthiness of
non-rated securities based on a number of factors including, but not limited to, cash flows, enterprise value and economic environment. </FONT></TD></TR></TABLE>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE">

<TR>
<TD WIDTH="14%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="83%"></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>abfunds.com</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>ALLIANCEBERNSTEIN NATIONAL MUNICIPAL INCOME
FUND&nbsp;&nbsp;&nbsp;&nbsp;<SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex">|</SUP>&nbsp;&nbsp;&nbsp;&nbsp;9</B></FONT></TD></TR></TABLE>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="line-height:0px;margin-top:0px;margin-bottom:2px;border-bottom:0.3pt solid #6a86b8">&nbsp;</P>
<P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2" COLOR="#6a86b8"><B>PORTFOLIO OF INVESTMENTS </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>April&nbsp;30,
2017 </B>(unaudited)<B> </B></FONT></P> <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE">


<TR>
<TD WIDTH="61%"></TD>
<TD VALIGN="bottom" WIDTH="7%"></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>Principal<BR>Amount<BR>(000)</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>U.S.&nbsp;$&nbsp;Value</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>


<TR STYLE="font-size:1px">
<TD COLSPAN="8" VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1" COLOR="#6a86b8"><B>MUNICIPAL OBLIGATIONS &#150; 160.1%</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1" COLOR="#6a86b8"><B>Long-Term Municipal Bonds &#150; 160.1%</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>Alabama &#150; 2.6%</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Alabama Public School&nbsp;&amp; College Authority<BR>Series 2009A<BR>5.00%, 5/01/29
<FONT STYLE="white-space:nowrap">(Pre-refunded/ETM)</FONT></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">$</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">3,000</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">$</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">3,233,280</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">County of Jefferson AL<BR>(County of Jefferson AL Sch Warrants)<BR>Series 2004A<BR>5.25%,
<FONT STYLE="white-space:nowrap">1/01/18-1/01/23</FONT></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">3,100</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">3,105,174</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">State of Alabama Docks Department<BR>AGM Series 2017A<BR>5.00%, 10/01/34</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">2,000</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">2,219,240</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">AGM Series 2017C<BR>5.00%, 10/01/36</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">2,000</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">2,269,160</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">10,826,854</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>Arizona &#150; 1.1%</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Salt Verde Financial Corp.<BR>(Citigroup, Inc.)<BR>Series 2007<BR>5.25%,
<FONT STYLE="white-space:nowrap">12/01/22-12/01/23</FONT></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">4,150</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">4,859,002</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>Arkansas &#150; 0.5%</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Pulaski County Public Facilities Board<BR>(Baptist Health)<BR>Series 2014<BR>5.00%, 12/01/42</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">2,000</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">2,177,280</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>California &#150; 24.7%</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Anaheim Public Financing Authority<BR>(City of Anaheim CA Lease)<BR>Series 2014A<BR>5.00%,
<FONT STYLE="white-space:nowrap">5/01/32-5/01/39</FONT></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">5,500</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">6,253,850</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Bay Area Toll Authority<BR>Series 2013S<BR>5.00%, 4/01/32</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">5,720</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">6,609,975</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">California Econ Recovery<BR>Series 2009A<BR>5.25%, 7/01/21 <FONT STYLE="white-space:nowrap">(Pre-refunded/ETM)</FONT></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">4,860</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">5,303,718</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">California Pollution Control Financing Authority<BR>(Poseidon Resources Channelside LP)<BR>Series 2012<BR>5.00%, <FONT
STYLE="white-space:nowrap">7/01/37-11/21/45</FONT><SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex">(a)</SUP></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">7,000</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">7,470,160</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">City of Los Angeles Department of Airports<BR>(Los Angeles Intl Airport)<BR>Series 2009A<BR>5.25%, 5/15/29</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">5,700</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">6,171,903</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR></TABLE>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE">

<TR>
<TD WIDTH="81%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="14%"></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>10&nbsp;&nbsp;&nbsp;&nbsp;<SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex">|</SUP>&nbsp;&nbsp;&nbsp;&nbsp;ALLIANCEBERNSTEIN NATIONAL MUNICIPAL INCOME
FUND</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>abfunds.com</B></FONT></TD></TR></TABLE>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="line-height:0px;margin-top:0px;margin-bottom:2px;border-bottom:0.3pt solid #6a86b8">&nbsp;</P>
<P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2" COLOR="#6a86b8"><B>PORTFOLIO OF INVESTMENTS </B>(continued)<B> </B></FONT></P> <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE">


<TR>
<TD WIDTH="61%"></TD>
<TD VALIGN="bottom" WIDTH="7%"></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD></TR>

<TR STYLE="page-break-inside:avoid">
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>Principal<BR>Amount<BR>(000)</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>U.S.&nbsp;$&nbsp;Value</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>


<TR STYLE="font-size:1px">
<TD COLSPAN="8" VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">County of San Bernardino CA COP<BR>Series 2009A<BR>5.25%, 8/01/26</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">$</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">1,455</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">$</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">1,563,892</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Los Angeles Community College District/CA<BR>Series <FONT STYLE="white-space:nowrap">2008F-1</FONT><BR>5.00%, 8/01/28 <FONT
STYLE="white-space:nowrap">(Pre-refunded/ETM)</FONT></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">5,800</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">6,092,784</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Los Angeles County Metropolitan Transportation Authority<BR>(Los Angeles County Metropolitan Transportation Authority Sales Tax)<BR>Series
2013B<BR>5.00%, 7/01/34</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">1,770</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">2,041,907</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Los Angeles Department of Water&nbsp;&amp; Power PWR<BR>Series 2013A<BR>5.00%, 7/01/30
<FONT STYLE="white-space:nowrap">(Pre-refunded/ETM)</FONT></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">90</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">106,550</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">5.00%, 7/01/30</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">6,165</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">7,164,470</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Series 2013B<BR>5.00%, 7/01/30</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">10,000</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">11,756,000</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Los Angeles Department of Water&nbsp;&amp; Power WTR<BR>Series 2013B<BR>5.00%, 7/01/32</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">3,840</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">4,485,158</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">San Bernardino County Transportation Authority<BR>Series <FONT STYLE="white-space:nowrap">2015-2</FONT><BR>5.00%, <FONT
STYLE="white-space:nowrap">3/01/32-3/01/34</FONT><SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex">(b)</SUP></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">11,340</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">13,209,832</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">State of California<BR>Series 2013<BR>5.00%, 11/01/30</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">5,800</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">6,747,314</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">University of California<BR>Series 2012G<BR>5.00%, 5/15/31</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">7,000</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">8,076,880</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Series 2013A<BR>5.00%, <FONT STYLE="white-space:nowrap">5/15/30-5/15/32</FONT></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">9,855</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">11,501,264</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">104,555,657</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>Colorado &#150; 2.0%</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">City&nbsp;&amp; County of Denver CO Airport System Revenue<BR>(Denver Intl Airport)<BR>Series 2013B<BR>5.25%, 11/15/31</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">6,680</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">7,891,218</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Colorado Health Facilities Authority<BR>(Evangelical Lutheran Good Samaritan Obligated Group)<BR>Series 2006<BR>5.25%, <FONT
STYLE="white-space:nowrap">6/01/19-6/01/23</FONT></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">705</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">706,442</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">8,597,660</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR></TABLE>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE">

<TR>
<TD WIDTH="14%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="83%"></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>abfunds.com</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>ALLIANCEBERNSTEIN NATIONAL MUNICIPAL INCOME
FUND&nbsp;&nbsp;&nbsp;&nbsp;<SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex">|</SUP>&nbsp;&nbsp;&nbsp;&nbsp;11</B></FONT></TD></TR></TABLE>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="line-height:0px;margin-top:0px;margin-bottom:2px;border-bottom:0.3pt solid #6a86b8">&nbsp;</P>
<P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2" COLOR="#6a86b8"><B>PORTFOLIO OF INVESTMENTS </B>(continued)<B> </B></FONT></P> <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE">


<TR>
<TD WIDTH="61%"></TD>
<TD VALIGN="bottom" WIDTH="7%"></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD></TR>

<TR STYLE="page-break-inside:avoid">
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>Principal<BR>Amount<BR>(000)</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>U.S.&nbsp;$&nbsp;Value</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>


<TR STYLE="font-size:1px">
<TD COLSPAN="8" VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>Connecticut &#150; 9.7%</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">State of Connecticut<BR>Series 2013C<BR>5.00%, 7/15/27</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">$</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">7,165</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">$</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">8,240,897</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Series 2013E<BR>5.00%, 8/15/29</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">4,800</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">5,499,600</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Series 2015F<BR>5.00%, 11/15/32</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">5,000</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">5,611,800</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">State of Connecticut Special Tax Revenue<BR>Series 2011A<BR>5.00%, 12/01/28</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">5,000</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">5,704,700</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Series 2012<BR>5.00%, 1/01/29</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">13,855</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">15,908,865</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">40,965,862</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>District of Columbia &#150; 1.7%</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">District of Columbia<BR>Series 2013A<BR>5.00%, 6/01/29</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">5,000</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">5,857,450</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Metropolitan Washington Airports Authority<BR>Series 2016A<BR>5.00%, 10/01/35</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">1,000</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">1,131,350</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">6,988,800</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>Florida &#150; 11.0%</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Alachua County Health Facilities Authority<BR>(Shands Teaching Hospital and Clinics Obligated Group)<BR>Series 2014A<BR>5.00%,
12/01/44</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">4,560</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">4,942,219</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Brevard County Health Facilities Authority<BR>(Health First, Inc. Obligated Group)<BR>Series 2014<BR>5.00%, 4/01/33</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">1,000</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">1,086,230</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">City of Orlando FL<BR>Series 2014A<BR>5.00%,&nbsp;11/01/44 <FONT STYLE="white-space:nowrap">(Pre-refunded/ETM)</FONT></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">7,720</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">9,342,358</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">5.25%,&nbsp;11/01/33 <FONT STYLE="white-space:nowrap">(Pre-refunded/ETM)</FONT></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">5,620</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">6,893,042</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">County of Miami-Dade FL Aviation Revenue<BR>Series 2014A<BR>5.00%, 10/01/33</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">1,000</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">1,120,700</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Florida Ports Financing Commission<BR>Series 2011A<BR>5.00%, <FONT STYLE="white-space:nowrap">10/01/25-10/01/27</FONT></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">4,205</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">4,788,059</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Halifax Hospital Medical Center<BR>(Halifax Hospital Medical Center Obligated Group)<BR>Series 2015<BR>5.00%, 6/01/35</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">2,655</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">2,882,454</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR></TABLE>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE">

<TR>
<TD WIDTH="81%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="14%"></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>12&nbsp;&nbsp;&nbsp;&nbsp;<SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex">|</SUP>&nbsp;&nbsp;&nbsp;&nbsp;ALLIANCEBERNSTEIN NATIONAL MUNICIPAL INCOME
FUND</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>abfunds.com</B></FONT></TD></TR></TABLE>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="line-height:0px;margin-top:0px;margin-bottom:2px;border-bottom:0.3pt solid #6a86b8">&nbsp;</P>
<P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2" COLOR="#6a86b8"><B>PORTFOLIO OF INVESTMENTS </B>(continued)<B> </B></FONT></P> <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE">


<TR>
<TD WIDTH="61%"></TD>
<TD VALIGN="bottom" WIDTH="7%"></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD></TR>

<TR STYLE="page-break-inside:avoid">
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>Principal<BR>Amount<BR>(000)</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>U.S.&nbsp;$&nbsp;Value</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>


<TR STYLE="font-size:1px">
<TD COLSPAN="8" VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Miami Beach Health Facilities Authority<BR>(Mount Sinai Medical Center of Florida, Inc.)<BR>Series 2014<BR>5.00%, 11/15/39</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">$</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">9,250</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">$</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">9,883,625</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">South Florida Water Management District COP<BR>Series 2016<BR>5.00%, 10/01/33</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">5,000</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">5,705,350</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">46,644,037</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>Georgia &#150; 1.3%</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">City of Atlanta Department of Aviation<BR>(Hartsfield Jackson Atlanta Intl Airport)<BR>Series 2014B<BR>5.00%, <FONT
STYLE="white-space:nowrap">1/01/31-1/01/32</FONT></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">4,675</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">5,373,878</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>Hawaii &#150; 2.8%</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">State of Hawaii<BR>Series 2015E<BR>4.00%, <FONT STYLE="white-space:nowrap">10/01/34-10/01/35</FONT></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">3,500</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">3,685,350</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">State of Hawaii Airports System Revenue<BR>Series 2010A<BR>5.00%, 7/01/34</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">5,000</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">5,520,250</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Series 2015A<BR>5.00%, 7/01/45</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">2,500</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">2,754,775</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">11,960,375</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>Illinois &#150; 9.6%</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Chicago O&#146;Hare International Airport<BR>Series 2016B<BR>5.00%, 1/01/41</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">8,000</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">8,864,320</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Series 2016C<BR>5.00%, 1/01/38</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">2,350</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">2,613,153</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Illinois Finance Authority<BR>(Illinois Institute of Technology)<BR>Series 2006A<BR>5.00%, 4/01/31</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">1,250</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">1,250,025</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Illinois Finance Authority<BR>(OSF Healthcare System Obligated Group)<BR>Series 2015A<BR>5.00%, 11/15/45</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">4,500</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">4,849,560</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Illinois State Toll Highway Authority<BR>Series 2015B<BR>5.00%, <FONT STYLE="white-space:nowrap">1/01/33-1/01/40</FONT></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">8,800</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">9,869,110</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">State of Illinois<BR>Series 2012<BR>5.00%, 3/01/31</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">1,000</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">1,009,320</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Series 2014<BR>5.00%, <FONT STYLE="white-space:nowrap">4/01/30-2/01/39</FONT></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">12,070</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">12,110,768</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">40,566,256</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR></TABLE>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE">

<TR>
<TD WIDTH="14%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="83%"></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>abfunds.com</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>ALLIANCEBERNSTEIN NATIONAL MUNICIPAL INCOME
FUND&nbsp;&nbsp;&nbsp;&nbsp;<SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex">|</SUP>&nbsp;&nbsp;&nbsp;&nbsp;13</B></FONT></TD></TR></TABLE>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="line-height:0px;margin-top:0px;margin-bottom:2px;border-bottom:0.3pt solid #6a86b8">&nbsp;</P>
<P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2" COLOR="#6a86b8"><B>PORTFOLIO OF INVESTMENTS </B>(continued)<B> </B></FONT></P> <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE">


<TR>
<TD WIDTH="61%"></TD>
<TD VALIGN="bottom" WIDTH="8%"></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="7%"></TD></TR>

<TR STYLE="page-break-inside:avoid">
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>Principal<BR>Amount<BR>(000)</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>U.S.&nbsp;$&nbsp;Value</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>


<TR STYLE="font-size:1px">
<TD COLSPAN="8" VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>Indiana &#150; 1.0%</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Indiana Finance Authority<BR><FONT STYLE="white-space:nowrap">(I-69</FONT> Development Partners LLC)<BR>Series 2014<BR>5.00%,
9/01/46</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">$</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">250</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">$</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">256,303</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">5.25%, <FONT STYLE="white-space:nowrap">9/01/34-9/01/40</FONT></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">2,700</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">2,836,923</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Indiana Finance Authority<BR>(WVB East End Partners LLC)<BR>Series 2013A<BR>5.00%, 7/01/44</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">1,250</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">1,335,187</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">4,428,413</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>Kentucky &#150; 2.3%</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Kentucky Economic Development Finance Authority<BR>(Next Generation Kentucky Information Highway)<BR>Series 2015A<BR>4.25%,
7/01/35</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">1,000</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">1,004,810</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Kentucky Municipal Power Agency<BR>NATL Series 2015A<BR>5.00%, 9/01/30</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">2,500</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">2,814,900</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Kentucky Turnpike Authority<BR>Series 2013A<BR>5.00%, 7/01/29</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">5,000</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">5,783,650</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">9,603,360</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>Louisiana &#150; 1.8%</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">City of New Orleans LA<BR>AGC Series 2007A<BR>5.00%, 12/01/22 <FONT STYLE="white-space:nowrap">(Pre-refunded/ETM)</FONT></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">5,875</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">6,014,120</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Louisiana Agricultural Finance Authority<BR>(Louisiana Agricultural Finance Authority State Lease)<BR>Series 2007<BR>5.25%,
9/15/17</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">1,200</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">1,212,576</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Louisiana Local Government Environmental Facilities&nbsp;&amp; Community Development Auth<BR>Series 2009A<BR>5.00%, 4/01/26 <FONT
STYLE="white-space:nowrap">(Pre-refunded/ETM)</FONT></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">535</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">574,981</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">7,801,677</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top" COLSPAN="8"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>Maryland &#150; 1.7%</B></FONT></P></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>&nbsp;</B></FONT></P></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Maryland Health&nbsp;&amp; Higher Educational Facilities Authority<BR>(Meritus Medical Center Obligated Group)<BR>Series 2015<BR>5.00%,
7/01/45</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">6,725</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">7,193,800</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR></TABLE>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE">

<TR>
<TD WIDTH="81%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="14%"></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>14&nbsp;&nbsp;&nbsp;&nbsp;<SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex">|</SUP>&nbsp;&nbsp;&nbsp;&nbsp;ALLIANCEBERNSTEIN NATIONAL MUNICIPAL INCOME
FUND</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>abfunds.com</B></FONT></TD></TR></TABLE>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="line-height:0px;margin-top:0px;margin-bottom:2px;border-bottom:0.3pt solid #6a86b8">&nbsp;</P>
<P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2" COLOR="#6a86b8"><B>PORTFOLIO OF INVESTMENTS </B>(continued)<B> </B></FONT></P> <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE">


<TR>
<TD WIDTH="60%"></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD></TR>

<TR STYLE="page-break-inside:avoid">
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>Principal<BR>Amount<BR>(000)</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>U.S.&nbsp;$&nbsp;Value</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>


<TR STYLE="font-size:1px">
<TD COLSPAN="8" VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top" COLSPAN="8"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>Massachusetts &#150; 4.2%</B></FONT></P></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>&nbsp;</B></FONT></P></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Massachusetts School Building Authority<BR>(Massachusetts School Building Authority Sales Tax)<BR>Series 2011B<BR>5.00%,
10/15/32</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">$</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">13,000</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">$</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">14,819,090</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Series 2012B<BR>5.00%, 8/15/30</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">2,480</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">2,856,563</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">17,675,653</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top" COLSPAN="8"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>Michigan &#150; 8.8%</B></FONT></P></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>&nbsp;</B></FONT></P></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Detroit City School District<BR>Series 2012A<BR>5.00%, <FONT STYLE="white-space:nowrap">5/01/26-5/01/27</FONT></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">6,045</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">6,691,389</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Michigan Finance Authority<BR>(Great Lakes Water Authority Water Supply System)<BR>AGM Series
<FONT STYLE="white-space:nowrap">2014D-1</FONT><BR>5.00%, 7/01/35</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">1,250</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">1,392,075</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Michigan Finance Authority<BR>(Henry Ford Health System Obligated Group)<BR>Series 2016<BR>4.00%, 11/15/36</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">2,815</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">2,826,063</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Michigan Finance Authority<BR>(Public Lighting Authority)<BR>Series 2014B<BR>5.00%, 7/01/34</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">2,250</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">2,428,020</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Michigan Strategic Fund<BR>(Detroit Renewable Energy Obligated Group)<BR>Series 2013<BR>8.50%, 12/01/30<SUP
STYLE="vertical-align:baseline; position:relative; bottom:.8ex">(a)</SUP></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">3,735</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">4,128,744</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Plymouth Educational Center Charter School<BR>Series 2005<BR>5.125%, 11/01/23<SUP
STYLE="vertical-align:baseline; position:relative; bottom:.8ex">(c)</SUP></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">2,140</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">1,928,996</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Wayne State University<BR>Series 2009A<BR>5.00%, 11/15/29</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">8,660</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">9,354,445</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">5.00%, 11/15/29 <FONT STYLE="white-space:nowrap">(Pre-refunded/ETM)</FONT></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">7,840</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">8,587,309</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">37,337,041</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top" COLSPAN="8"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>Minnesota &#150; 0.7%</B></FONT></P></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>&nbsp;</B></FONT></P></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">City of Minneapolis MN<BR>(Fairview Health Services Obligated Group)<BR>Series 2015A<BR>5.00%, 11/15/33</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">2,700</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">3,058,236</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR></TABLE>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE">

<TR>
<TD WIDTH="14%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="83%"></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>abfunds.com</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>ALLIANCEBERNSTEIN NATIONAL MUNICIPAL INCOME
FUND&nbsp;&nbsp;&nbsp;&nbsp;<SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex">|</SUP>&nbsp;&nbsp;&nbsp;&nbsp;15</B></FONT></TD></TR></TABLE>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="line-height:0px;margin-top:0px;margin-bottom:2px;border-bottom:0.3pt solid #6a86b8">&nbsp;</P>
<P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2" COLOR="#6a86b8"><B>PORTFOLIO OF INVESTMENTS </B>(continued)<B> </B></FONT></P> <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE">


<TR>
<TD WIDTH="61%"></TD>
<TD VALIGN="bottom" WIDTH="7%"></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD></TR>

<TR STYLE="page-break-inside:avoid">
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>Principal<BR>Amount<BR>(000)</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>U.S.&nbsp;$&nbsp;Value</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>


<TR STYLE="font-size:1px">
<TD COLSPAN="8" VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top" COLSPAN="8"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>Missouri &#150; 0.5%</B></FONT></P></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>&nbsp;</B></FONT></P></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">City of Kansas City MO<BR>Series 2008C<BR>5.00%, 4/01/28 <FONT STYLE="white-space:nowrap">(Pre-refunded/ETM)</FONT></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">$</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">2,000</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">$</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">2,074,040</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8" COLSPAN="9"></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top" COLSPAN="8"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>New Jersey &#150; 9.4%</B></FONT></P></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>&nbsp;</B></FONT></P></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">New Jersey Economic Development Authority<BR>(New Jersey Economic Development Authority State Lease)<BR>Series 2014P<BR>5.00%,
6/15/31</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">2,500</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">2,552,375</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Series 2016B<BR>5.50%, 6/15/30</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">5,000</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">5,394,650</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">New Jersey Economic Development Authority<BR>(NYNJ Link Borrower LLC)<BR>Series 2013<BR>5.125%, 1/01/34</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">1,000</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">1,101,380</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">New Jersey Health Care Facilities Financing Authority<BR>(RWJ Barnabas Health Obligated Group)<BR>Series 2014<BR>5.00%,
7/01/44</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">6,450</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">6,989,865</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">New Jersey Transportation Trust Fund Authority<BR>(New Jersey Transportation Fed Hwy Grant)<BR>Series 2016<BR>5.00%,
6/15/29</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">4,750</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">5,053,667</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">New Jersey Turnpike Authority<BR>Series 2012B<BR>5.00%, 1/01/29</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">6,500</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">7,359,950</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Series 2013A<BR>5.00%, 1/01/31</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">5,000</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">5,629,950</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Series 2016A<BR>5.00%, 1/01/34</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">5,000</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">5,688,050</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">39,769,887</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top" COLSPAN="8"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>New York &#150; 27.2%</B></FONT></P></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>&nbsp;</B></FONT></P></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">City of New York NY<BR>Series 2012B<BR>5.00%, 8/01/30</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">5,070</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">5,815,392</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Series 2012I<BR>5.00%, 8/01/28</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">8,780</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">10,094,366</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Metropolitan Transportation Authority<BR>Series 2012D<BR>5.00%, 11/15/29</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">4,000</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">4,623,320</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Series 2012F<BR>5.00%, 11/15/27</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">1,575</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">1,828,496</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR></TABLE>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE">

<TR>
<TD WIDTH="81%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="14%"></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>16&nbsp;&nbsp;&nbsp;&nbsp;<SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex">|</SUP>&nbsp;&nbsp;&nbsp;&nbsp;ALLIANCEBERNSTEIN NATIONAL MUNICIPAL INCOME
FUND</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>abfunds.com</B></FONT></TD></TR></TABLE>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="line-height:0px;margin-top:0px;margin-bottom:2px;border-bottom:0.3pt solid #6a86b8">&nbsp;</P>
<P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2" COLOR="#6a86b8"><B>PORTFOLIO OF INVESTMENTS </B>(continued)<B> </B></FONT></P> <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE">


<TR>
<TD WIDTH="61%"></TD>
<TD VALIGN="bottom" WIDTH="7%"></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD></TR>

<TR STYLE="page-break-inside:avoid">
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>Principal<BR>Amount<BR>(000)</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>U.S.&nbsp;$&nbsp;Value</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>


<TR STYLE="font-size:1px">
<TD COLSPAN="8" VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Series 2013A<BR>5.00%, 11/15/29</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">$</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">1,830</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">$</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">2,107,959</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Series 2014B<BR>5.25%, 11/15/34</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">4,000</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">4,663,320</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Series 2014C<BR>5.00%, 11/15/32</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">1,000</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">1,145,560</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Metropolitan Transportation Authority<BR>(Metropolitan Transportation Authority Ded Tax)<BR>Series 2016A<BR>5.25%, 11/15/35<SUP
STYLE="vertical-align:baseline; position:relative; bottom:.8ex">(b)</SUP></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">14,260</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">16,902,948</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">New York City Municipal Water Finance Authority<BR>Series 2011HH<BR>5.00%, 6/15/26</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">5,000</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">5,623,550</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Series 2013D<BR>5.00%, 6/15/34</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">3,600</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">4,098,672</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">New York City NY Transitional<BR>Series 2007B<BR>5.00%, <FONT STYLE="white-space:nowrap">8/01/34-8/01/37</FONT><SUP
STYLE="vertical-align:baseline; position:relative; bottom:.8ex">(b)</SUP></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">10,000</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">11,461,900</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">New York State Dormitory Authority<BR>Series 2012D<BR>5.00%, 2/15/29
<FONT STYLE="white-space:nowrap">(Pre-refunded/ETM)</FONT></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">1,135</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">1,310,289</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">New York State Dormitory Authority<BR>(State of New York Pers Income Tax)<BR>Series 2012B<BR>5.00%, 3/15/32</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">7,600</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">8,618,172</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Series 2012D<BR>5.00%, 2/15/29</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">6,865</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">7,847,038</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">New York State Environmental Facilities Corp.<BR>(New York NY Mun Wtr Fin Auth)<BR>5.00%,
<FONT STYLE="white-space:nowrap">6/15/24-6/15/27</FONT><SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex">(b)</SUP></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">7,000</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">7,308,070</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Port Authority of New York&nbsp;&amp; New Jersey<BR>Series <FONT STYLE="white-space:nowrap">2013-178</FONT><BR>5.00%,
12/01/32</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">4,400</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">5,017,452</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Series <FONT STYLE="white-space:nowrap">2014-186</FONT><BR>5.00%, 10/15/44</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">8,000</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">8,813,920</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Ulster County Industrial Development Agency<BR>(Kingston Regional Senior Living Corp.)<BR>Series 2007A<BR>6.00%, 9/15/27</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">1,775</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">1,782,437</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Utility Debt Securitization Authority<BR>Series 2013T<BR>5.00%, 12/15/30</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">5,000</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">5,891,250</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">114,954,111</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>North Carolina &#150; 2.3%</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">County of Iredell NC COP<BR>AGM Series 2008<BR>5.25%, 6/01/22 <FONT STYLE="white-space:nowrap">(Pre-refunded/ETM)</FONT></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">1,080</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">1,129,788</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR></TABLE>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE">

<TR>
<TD WIDTH="14%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="83%"></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>abfunds.com</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>ALLIANCEBERNSTEIN NATIONAL MUNICIPAL INCOME
FUND&nbsp;&nbsp;&nbsp;&nbsp;<SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex">|</SUP>&nbsp;&nbsp;&nbsp;&nbsp;17</B></FONT></TD></TR></TABLE>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="line-height:0px;margin-top:0px;margin-bottom:2px;border-bottom:0.3pt solid #6a86b8">&nbsp;</P>
<P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2" COLOR="#6a86b8"><B>PORTFOLIO OF INVESTMENTS </B>(continued)<B> </B></FONT></P> <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE">


<TR>
<TD WIDTH="61%"></TD>
<TD VALIGN="bottom" WIDTH="7%"></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD></TR>

<TR STYLE="page-break-inside:avoid">
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>Principal<BR>Amount<BR>(000)</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>U.S.&nbsp;$&nbsp;Value</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>


<TR STYLE="font-size:1px">
<TD COLSPAN="8" VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">North Carolina Medical Care Commission<BR>(Vidant Health Obligated Group)<BR>Series 2015<BR>5.00%, 6/01/45</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">$</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">4,445</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">$</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">4,848,428</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">University of North Carolina at Greensboro<BR>Series 2014<BR>5.00%, 4/01/33</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">3,145</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">3,555,832</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">9,534,048</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>Ohio &#150; 0.0%</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Columbiana County Port Authority<BR>(Apex Environmental LLC)<BR>Series 2004<BR>Zero Coupon, 8/01/25<SUP
STYLE="vertical-align:baseline; position:relative; bottom:.8ex">(d)</SUP></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">1,840</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">17,480</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Series 2014<BR>Zero Coupon, 8/01/25<SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex">(d)</SUP></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">248</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">2,353</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">19,833</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>Oklahoma &#150; 0.4%</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Tulsa Airports Improvement Trust<BR>BAM Series 2015A<BR>5.00%, 6/01/45</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">1,700</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">1,836,459</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>Oregon &#150; 1.4%</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Oregon State Lottery<BR>Series 2011A<BR>5.25%, 4/01/25</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">695</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">794,204</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">5.25%, 4/01/25 <FONT STYLE="white-space:nowrap">(Pre-refunded/ETM)</FONT></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">4,305</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">4,947,780</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">5,741,984</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>Pennsylvania &#150; 9.0%</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Allegheny County Industrial Development Authority<BR>(Residential Resources, Inc./PA)<BR>Series 2006<BR>5.00%, 9/01/21</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">500</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">500,920</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Butler County Hospital Authority<BR>(Butler Health System Obligated Group)<BR>Series 2015<BR>5.00%,
<FONT STYLE="white-space:nowrap">7/01/35-7/01/39</FONT></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">3,510</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">3,750,987</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Montgomery County Industrial Development Authority/PA<BR>Series 2010<BR>5.25%, 8/01/33
<FONT STYLE="white-space:nowrap">(Pre-refunded/ETM)</FONT></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">3,480</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">3,924,744</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Montour School District<BR>AGM Series 2015B<BR>5.00%, <FONT STYLE="white-space:nowrap">4/01/34-4/01/35</FONT></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">6,520</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">7,355,044</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR></TABLE>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE">

<TR>
<TD WIDTH="81%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="14%"></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>18&nbsp;&nbsp;&nbsp;&nbsp;<SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex">|</SUP>&nbsp;&nbsp;&nbsp;&nbsp;ALLIANCEBERNSTEIN NATIONAL MUNICIPAL INCOME
FUND</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>abfunds.com</B></FONT></TD></TR></TABLE>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="line-height:0px;margin-top:0px;margin-bottom:2px;border-bottom:0.3pt solid #6a86b8">&nbsp;</P>
<P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2" COLOR="#6a86b8"><B>PORTFOLIO OF INVESTMENTS </B>(continued)<B> </B></FONT></P> <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE">


<TR>
<TD WIDTH="61%"></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD></TR>

<TR STYLE="page-break-inside:avoid">
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>Principal<BR>Amount<BR>(000)</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>U.S.&nbsp;$&nbsp;Value</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>


<TR STYLE="font-size:1px">
<TD COLSPAN="8" VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Pennsylvania Economic Development Financing Authority<BR>(PA Bridges Finco LP)<BR>Series 2015<BR>5.00%,
<FONT STYLE="white-space:nowrap">12/31/34-6/30/42</FONT></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">$</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">9,270</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">$</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">10,066,455</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Pennsylvania Turnpike Commission<BR>Series 2014A<BR>5.00%, <FONT STYLE="white-space:nowrap">12/01/31-12/01/33</FONT></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">6,355</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">7,155,842</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Philadelphia Authority for Industrial Development<BR>(LLPCS Foundation)<BR>Series 2005A<BR>5.25%, 7/01/24<SUP
STYLE="vertical-align:baseline; position:relative; bottom:.8ex">(d)(e)(f)</SUP></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">1,150</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">11,500</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">School District of Philadelphia (The)<BR>Series 2016F<BR>5.00%, 9/01/35</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">5,000</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">5,349,600</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">38,115,092</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>South Carolina &#150; 1.3%</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">South Carolina Ports Authority<BR>Series 2015<BR>5.00%, 7/01/45</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">5,000</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">5,402,800</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>Tennessee &#150; 1.8%</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Chattanooga-Hamilton County Hospital Authority<BR>(Erlanger Medical Center)<BR>Series 2014<BR>5.00%, 10/01/44</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">7,500</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">7,776,900</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>Texas &#150; 15.3%</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Alvin Independent School District/TX<BR>Series 2009B<BR>5.00%, 2/15/28
<FONT STYLE="white-space:nowrap">(Pre-refunded/ETM)</FONT></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">960</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">1,028,218</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Arlington Higher Education Finance Corp.<BR>(Lifeschool of Dallas)<BR>Series 2014A<BR>5.00%, 8/15/39</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">4,805</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">5,379,293</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Arlington Higher Education Finance Corp.<BR>(Uplift Education)<BR>Series 2016A<BR>5.00%, 12/01/36</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">1,740</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">1,869,404</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Austin Community College District Public Facility Corp.<BR>Series 2015<BR>5.00%, 8/01/33</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">5,000</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">5,655,150</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Bexar County Health Facilities Development Corp.<BR>Series 2007<BR>5.00%, 7/01/27
<FONT STYLE="white-space:nowrap">(Pre-refunded/ETM)</FONT></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">70</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">70,460</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR></TABLE>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE">

<TR>
<TD WIDTH="14%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="83%"></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>abfunds.com</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>ALLIANCEBERNSTEIN NATIONAL MUNICIPAL INCOME
FUND&nbsp;&nbsp;&nbsp;&nbsp;<SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex">|</SUP>&nbsp;&nbsp;&nbsp;&nbsp;19</B></FONT></TD></TR></TABLE>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="line-height:0px;margin-top:0px;margin-bottom:2px;border-bottom:0.3pt solid #6a86b8">&nbsp;</P>
<P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2" COLOR="#6a86b8"><B>PORTFOLIO OF INVESTMENTS </B>(continued)<B> </B></FONT></P> <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE">


<TR>
<TD WIDTH="61%"></TD>
<TD VALIGN="bottom" WIDTH="8%"></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="7%"></TD></TR>

<TR STYLE="page-break-inside:avoid">
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>Principal<BR>Amount<BR>(000)</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>U.S.&nbsp;$&nbsp;Value</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>


<TR STYLE="font-size:1px">
<TD COLSPAN="8" VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Bexar County Health Facilities Development Corp.<BR>(Army Retirement Residence Obligated Group)<BR>Series 2007<BR>5.00%,
7/01/27</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">$</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">335</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">$</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">335,707</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Central Texas Regional Mobility Authority<BR>Series 2016<BR>5.00%, 1/01/40</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">3,500</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">3,848,005</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">City of Austin TX Water&nbsp;&amp; Wastewater System Revenue<BR>Series 2013A<BR>5.00%,
<FONT STYLE="white-space:nowrap">11/15/28-11/15/29</FONT></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">8,075</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">9,426,064</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">City of Houston TX Combined Utility System Revenue<BR>Series 2011D<BR>5.00%, 11/15/26
<FONT STYLE="white-space:nowrap">(Pre-refunded/ETM)</FONT></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">6,000</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">6,936,960</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Dallas Independent School District<BR>Series 2008<BR>6.00%, 2/15/28
<FONT STYLE="white-space:nowrap">(Pre-refunded/ETM)</FONT></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">2,500</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">2,598,450</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Fort Bend Independent School District<BR>Series 2009<BR>5.00%, 2/15/27</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">7,560</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">8,212,503</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Love Field Airport Modernization Corp.<BR>Series 2015<BR>5.00%, 11/01/31</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">1,000</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">1,137,740</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">North Texas Tollway Authority<BR>Series 2015B<BR>5.00%, 1/01/40</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">5,000</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">5,527,850</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Texas Private Activity Bond Surface Transportation Corp.<BR>(NTE Mobility Partners LLC)<BR>Series 2009<BR>6.875%, 12/31/39</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">1,720</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">1,917,680</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Texas Private Activity Bond Surface Transportation Corp.<BR>(NTE Mobility Partners Segments 3 LLC)<BR>Series 2013<BR>6.75%,
6/30/43</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">3,000</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">3,371,400</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">University of Texas System (The)<BR>Series 2009A<BR>5.25%, 8/15/22
<FONT STYLE="white-space:nowrap">(Pre-refunded/ETM)</FONT></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">6,825</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">7,192,936</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">64,507,820</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>Utah &#150; 1.2%</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Salt Lake City Corp. Airport Revenue<BR>Series 2017A<BR>5.00%, 7/01/47</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">4,500</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">5,060,520</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR></TABLE>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE">

<TR>
<TD WIDTH="81%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="14%"></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>20&nbsp;&nbsp;&nbsp;&nbsp;<SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex">|</SUP>&nbsp;&nbsp;&nbsp;&nbsp;ALLIANCEBERNSTEIN NATIONAL MUNICIPAL INCOME
FUND</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>abfunds.com</B></FONT></TD></TR></TABLE>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="line-height:0px;margin-top:0px;margin-bottom:2px;border-bottom:0.3pt solid #6a86b8">&nbsp;</P>
<P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2" COLOR="#6a86b8"><B>PORTFOLIO OF INVESTMENTS </B>(continued)<B> </B></FONT></P> <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE">


<TR>
<TD WIDTH="61%"></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD></TR>

<TR STYLE="page-break-inside:avoid">
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>Principal<BR>Amount<BR>(000)</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>U.S.&nbsp;$&nbsp;Value</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>


<TR STYLE="font-size:1px">
<TD COLSPAN="8" VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>Washington &#150; 2.6%</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">FYI Properties<BR>(FYI Properties WA State Lease)<BR>Series 2009<BR>5.00%, 6/01/27</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">$</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">3,885</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">$</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">4,177,035</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">5.125%, 6/01/28</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">5,200</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">5,601,908</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Port of Seattle WA<BR>Series 2015A<BR>5.00%, 4/01/40</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">1,000</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">1,129,860</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">10,908,803</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>Wisconsin &#150; 0.2%</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">State of Wisconsin<BR>Series <FONT STYLE="white-space:nowrap">2003-3</FONT><BR>5.00%, 11/01/26</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">725</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">727,168</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Total Municipal Obligations<BR>(cost $639,845,080)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">677,043,306</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="5"></TD>
<TD HEIGHT="5" COLSPAN="4"></TD>
<TD HEIGHT="5" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="border-bottom:1px solid #000000"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>Shares</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD COLSPAN="2" VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1" COLOR="#6a86b8"><B>SHORT-TERM INVESTMENTS &#150; 0.2%</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>Investment Companies &#150; 0.2%</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">AB Fixed Income Shares, Inc. &#150; Government Money Market Portfolio &#150; Class&nbsp;AB, 0.57%<SUP
STYLE="vertical-align:baseline; position:relative; bottom:.8ex">(g)(h)</SUP><BR>(cost $669,305)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">669,305</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">669,305</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1"></FONT><FONT STYLE="font-family:ARIAL" SIZE="1" COLOR="#6a86b8"><B>Total Investments &#150; 160.3%<BR></B></FONT><FONT
STYLE="font-family:ARIAL" SIZE="1">(cost $640,514,385)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">677,712,611</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Other assets less liabilities &#150; (38.5)%</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">(162,688,512</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">)&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Preferred Shares at liquidation value &#150; (21.8)%</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">(92,125,000</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">)&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1"><B><FONT STYLE="font-family:ARIAL" SIZE="1" COLOR="#6a86b8">Net Assets Applicable to Common Shareholders &#150; 100.0%<SUP
STYLE="vertical-align:baseline; position:relative; bottom:.8ex">(i)</SUP></FONT></B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>422,899,099</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>&nbsp;</B></FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>INTEREST RATE SWAPS (see Note&nbsp;C) </B></FONT></P> <P STYLE="font-size:2px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE" ALIGN="center">


<TR>
<TD WIDTH="26%"></TD>
<TD VALIGN="bottom" WIDTH="8%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="8%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="8%"></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="7%"></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="7%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>

<TR STYLE="page-break-inside:avoid">
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD COLSPAN="2" VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD COLSPAN="2" VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="3" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>Rate Type</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD COLSPAN="2" VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>Swap<BR>Counterparty</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>Notional<BR>Amount<BR>(000)</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>Termination<BR>Date</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>Payments<BR>made&nbsp;by&nbsp;the<BR>Fund</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>Payments<BR>received<BR>by&nbsp;the<BR>Fund</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>Unrealized<BR>Appreciation/<BR>(Depreciation)</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Goldman Sachs Bank USA</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">$</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;&nbsp;&nbsp;&nbsp;84,000</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">9/01/17</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center"><FONT STYLE="font-family:ARIAL" SIZE="1">0.638%</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center"><FONT STYLE="font-family:ARIAL" SIZE="1">SIFMA*</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">$</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;&nbsp;&nbsp;&nbsp;106,886</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
</TABLE> <P STYLE="font-size:4px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="1%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="1">*</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">Variable interest rate based on the Securities Industry&nbsp;&amp; Financial Markets Association (SIFMA) Municipal Swap Index. </FONT></TD></TR></TABLE>
<P STYLE="font-size:4px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="1%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="1">(a)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">Security is exempt from registration under Rule 144A of the Securities Act of 1933. These securities are considered restricted, but liquid and may be resold in transactions
exempt from registration, normally to qualified institutional buyers. At April&nbsp;30, 2017, the aggregate market value of these securities amounted to $11,598,904 or 2.7% of net assets. </FONT></TD></TR></TABLE>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE">

<TR>
<TD WIDTH="14%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="83%"></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>abfunds.com</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>ALLIANCEBERNSTEIN NATIONAL MUNICIPAL INCOME
FUND&nbsp;&nbsp;&nbsp;&nbsp;<SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex">|</SUP>&nbsp;&nbsp;&nbsp;&nbsp;21</B></FONT></TD></TR></TABLE>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="line-height:0px;margin-top:0px;margin-bottom:2px;border-bottom:0.3pt solid #6a86b8">&nbsp;</P>
<P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2" COLOR="#6a86b8"><B>PORTFOLIO OF INVESTMENTS </B>(continued)<B> </B></FONT></P> <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<P STYLE="font-size:4px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="1%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="1">(b)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">Security represents the underlying municipal obligation of an inverse floating rate obligation held by the Fund (see Note H). </FONT></TD></TR></TABLE>
<P STYLE="font-size:4px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="1%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="1">(c)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">Restricted and illiquid security. </FONT></TD></TR></TABLE> <P STYLE="font-size:2px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE" ALIGN="center">


<TR>
<TD WIDTH="36%"></TD>
<TD VALIGN="bottom" WIDTH="7%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="7%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="7%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="7%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>Restricted&nbsp;&amp; Illiquid<BR>Securities</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>Acquisition<BR>Date</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>Cost</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>Market<BR>Value</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>Percentage&nbsp;of<BR>Net Assets</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT SIZE="1">&nbsp;</FONT></TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Plymouth Educational Center Charter School<BR>Series 2005<BR>5.125%, 11/01/23</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">11/30/05</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">$</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;&nbsp;&nbsp;&nbsp;2,126,533</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">$</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;&nbsp;&nbsp;&nbsp;1,928,996</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">0.46</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">%&nbsp;</FONT></TD></TR>
</TABLE> <P STYLE="font-size:4px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="1%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="1">(d)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">Illiquid security. </FONT></TD></TR></TABLE> <P STYLE="font-size:4px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="1%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="1">(e)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">Defaulted. </FONT></TD></TR></TABLE> <P STYLE="font-size:4px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="1%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="1">(f)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1"><FONT STYLE="white-space:nowrap">Non-income</FONT> producing security. </FONT></TD></TR></TABLE> <P STYLE="font-size:4px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="1%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="1">(g)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">To obtain a copy of the fund&#146;s shareholder report, please go to the Securities and Exchange Commission&#146;s website at www.sec.gov, or call AB at (800) <FONT
STYLE="white-space:nowrap">227-4618.</FONT> </FONT></TD></TR></TABLE> <P STYLE="font-size:4px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="1%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="1">(h)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">Investment in affiliated money market mutual fund. The rate shown represents the <FONT STYLE="white-space:nowrap">7-day</FONT> yield as of period end. </FONT></TD></TR></TABLE>
<P STYLE="font-size:4px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="1%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="1">(i)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">Portfolio percentages are calculated based on net assets applicable to common shareholders. </FONT></TD></TR></TABLE> <P STYLE="margin-top:4px;margin-bottom:0px"><FONT
STYLE="font-family:ARIAL" SIZE="1">As of April&nbsp;30, 2017, the Fund&#146;s percentages of investments in municipal bonds that are insured and in insured municipal bonds that have been <FONT STYLE="white-space:nowrap">pre-refunded</FONT> or
escrowed to maturity are 3.7% and 1.1%, respectively. </FONT></P> <P STYLE="margin-top:4px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="1">Glossary: </FONT></P> <P STYLE="margin-top:4px;margin-bottom:0px"><FONT
STYLE="font-family:ARIAL" SIZE="1">AGC &#150; Assured Guaranty Corporation </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="1">AGM &#150; Assured Guaranty Municipal </FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="1">BAM &#150; Build American Mutual </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="1">COP &#150; Certificate of
Participation </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="1">ETM &#150; Escrowed to Maturity </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="1">NATL
&#150; National Interstate Corporation </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="1">OSF &#150; Order of St. Francis </FONT></P> <P STYLE="margin-top:4px;margin-bottom:0px"><FONT
STYLE="font-family:ARIAL" SIZE="1">See notes to financial statements. </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE">

<TR>
<TD WIDTH="81%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="14%"></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>22&nbsp;&nbsp;&nbsp;&nbsp;<SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex">|</SUP>&nbsp;&nbsp;&nbsp;&nbsp;ALLIANCEBERNSTEIN NATIONAL MUNICIPAL INCOME
FUND</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>abfunds.com</B></FONT></TD></TR></TABLE>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="line-height:0px;margin-top:0px;margin-bottom:2px;border-bottom:0.3pt solid #6a86b8">&nbsp;</P>
<P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2" COLOR="#6a86b8"><B>STATEMENT OF ASSETS&nbsp;&amp; LIABILITIES </B></FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>April&nbsp;30, 2017 </B>(unaudited)<B> </B></FONT></P> <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE" ALIGN="center">


<TR>
<TD WIDTH="77%"></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>


<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1" COLOR="#6a86b8"><B>Assets</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Investments in securities, at value</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Unaffiliated issuers (cost $639,845,080)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">$</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">677,043,306</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Affiliated issuers (cost $669,305)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">669,305</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Interest receivable</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">9,779,266</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Deferred offering costs</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">236,952</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Unrealized appreciation on interest rate swaps</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">106,886</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Affiliated dividends receivable</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">916</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Total assets</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">687,836,631</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1" COLOR="#6a86b8"><B>Liabilities</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Variable Rate MuniFund Term Preferred Shares, at liquidation value</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">141,100,000</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Payable for floating rate notes issued*</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">30,995,000</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Advisory fee payable</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">276,341</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Interest expense payable</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">255,425</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Dividends payable&#151;Auction Preferred Shares</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">16,170</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Other liabilities</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">34,598</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Accrued expenses</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">134,998</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Total liabilities</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">172,812,532</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1" COLOR="#6a86b8"><B>Auction Preferred Shares, at Liquidation Value</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Auction Preferred shares, $.001 par value per share; 11,400 shares authorized, 3,685 shares issued and outstanding at $25,000 per share
liquidation preference</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">$</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">92,125,000</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1"><B><FONT STYLE="font-family:ARIAL" SIZE="1" COLOR="#6a86b8">Net Assets Applicable to Common Shareholders</FONT></B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>422,899,099</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>&nbsp;</B></FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1" COLOR="#6a86b8"><B>Composition of Net Assets Applicable to Common Shareholders</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Common stock, $.001 par value per share; 1,999,988,600 shares authorized, 28,744,936 shares issued and outstanding</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">$</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">28,745</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Additional <FONT STYLE="white-space:nowrap">paid-in</FONT> capital</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">415,396,953</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Distributions in excess of net investment income</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">(576,410</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">)&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Accumulated net realized loss on investment transactions</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">(29,255,301</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">)&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Net unrealized appreciation on investments</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">37,305,112</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1"><B><FONT STYLE="font-family:ARIAL" SIZE="1" COLOR="#6a86b8">Net Assets Applicable to Common Shareholders</FONT></B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>&nbsp;&nbsp;&nbsp;&nbsp;422,899,099</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>&nbsp;</B></FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1"><B><FONT STYLE="font-family:ARIAL" SIZE="1" COLOR="#6a86b8">Net Asset Value Applicable to Common Shareholders</FONT><BR></B>(based on
28,744,936 common shares outstanding)<B></B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>14.71</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>&nbsp;</B></FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="font-size:4px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="1%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="1">*</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">Represents short-term floating rate certificates issued by tender option bond trusts (see Note H). </FONT></TD></TR></TABLE> <P STYLE="margin-top:4px;margin-bottom:0px"><FONT
STYLE="font-family:ARIAL" SIZE="1">See notes to financial statements. </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE">

<TR>
<TD WIDTH="14%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="83%"></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>abfunds.com</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>ALLIANCEBERNSTEIN NATIONAL MUNICIPAL INCOME
FUND&nbsp;&nbsp;&nbsp;&nbsp;<SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex">|</SUP>&nbsp;&nbsp;&nbsp;&nbsp;23</B></FONT></TD></TR></TABLE>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="line-height:0px;margin-top:0px;margin-bottom:2px;border-bottom:0.3pt solid #6a86b8">&nbsp;</P>
<P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2" COLOR="#6a86b8"><B>STATEMENT OF OPERATIONS </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>Six Months Ended
April&nbsp;30, 2017 </B>(unaudited)<B> </B></FONT></P> <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE" ALIGN="center">


<TR>
<TD WIDTH="58%"></TD>
<TD VALIGN="bottom" WIDTH="7%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>


<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1" COLOR="#6a86b8"><B>Investment Income</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Interest</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">$</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;&nbsp;&nbsp;&nbsp;12,981,954</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Dividends&#151;Affiliated issuers</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">4,583</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Other income<SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex">(a)</SUP></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">27,708</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">$</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">13,014,245</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1" COLOR="#6a86b8"><B>Expenses</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Advisory fee (see Note B)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">1,775,816</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Auction Preferred Shares-auction agent&#146;s fees</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">22,868</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Custodian</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">79,195</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Audit and tax</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">32,646</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Printing</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">25,830</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Legal</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">19,817</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Registration fees</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">13,751</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Transfer agency</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">13,525</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Directors&#146; fees and expenses</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">12,576</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Miscellaneous</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">54,661</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Total expenses before interest expense, fees and amortization of offering costs</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">2,050,685</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Interest expense, fees and amortization of offering costs</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">1,412,661</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Total expenses</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">3,463,346</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Less: expenses waived and reimbursed by the Adviser (see Note B)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">(2,449</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">)&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Net expenses</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">3,460,897</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Net investment income</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">9,553,348</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1" COLOR="#6a86b8"><B>Realized and Unrealized Gain (Loss) on Investment Transactions</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Net realized gain (loss) on:</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Investment transactions</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">(1,892,316</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">)&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Swaps</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">9,873</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Net change in unrealized appreciation/depreciation of:</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Investments</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">(16,506,351</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">)&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Swaps</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">70,081</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Net loss on investment transactions</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;&nbsp;&nbsp;&nbsp;(18,318,713</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">)&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1" COLOR="#6a86b8"><B>Dividends to Auction Preferred Shareholders from</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Net investment income</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">(509,813</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">)&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1"><B><FONT STYLE="font-family:ARIAL" SIZE="1" COLOR="#6a86b8">Net Decrease in Net Assets Applicable to Common Shareholders Resulting from
Operations</FONT></B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>(9,275,178</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>)&nbsp;</B></FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="font-size:4px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="1%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="1">(a)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">Other income represents a refund for overbilling of prior years&#146; custody <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">out-of-pocket</FONT></FONT> fees.
</FONT></TD></TR></TABLE> <P STYLE="margin-top:4px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="1">See notes to financial statements. </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE">

<TR>
<TD WIDTH="81%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="14%"></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>24&nbsp;&nbsp;&nbsp;&nbsp;<SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex">|</SUP>&nbsp;&nbsp;&nbsp;&nbsp;ALLIANCEBERNSTEIN NATIONAL MUNICIPAL INCOME
FUND</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>abfunds.com</B></FONT></TD></TR></TABLE>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="line-height:0px;margin-top:0px;margin-bottom:2px;border-bottom:0.3pt solid #6a86b8">&nbsp;</P>
<P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2" COLOR="#6a86b8"><B>STATEMENT OF CHANGES IN NET ASSETS </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT
STYLE="font-family:ARIAL" SIZE="2" COLOR="#6a86b8"><B>APPLICABLE TO COMMON SHAREHOLDERS </B></FONT></P> <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE" ALIGN="center">


<TR>
<TD WIDTH="52%"></TD>
<TD VALIGN="bottom" WIDTH="7%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:2px solid #000000"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>Six&nbsp;Months&nbsp;Ended<BR>April&nbsp;30, 2017 <BR>(unaudited)</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:2px solid #000000"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>Year Ended<BR>October&nbsp;31, <BR>2016</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>


<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1" COLOR="#6a86b8"><B>Increase (Decrease) in Net Assets Applicable to Common Shareholders Resulting from Operations</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Net investment income</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">$</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">9,553,348</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">$</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">20,452,654</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Net realized loss on investment transactions</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">(1,882,443</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">)&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">(846,455</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">)&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Net change in unrealized appreciation/depreciation of investments</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">(16,436,270</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">)&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">15,754,591</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1" COLOR="#6a86b8"><B>Dividends to Auction Preferred Shareholders from</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Net investment income</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">(509,813</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">)&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">(581,040</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">)&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Net increase (decrease) in net assets applicable to common shareholders resulting from operations</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">(9,275,178</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">)&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">34,779,750</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1" COLOR="#6a86b8"><B>Dividends and Distributions to Common Shareholders from</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Net investment income</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">(9,339,230</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">)&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">(20,037,447</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">)&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Return of capital</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">&#150;&nbsp;0</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;&#150;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">(755,490</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">)&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Total dividends and distributions to common shareholders</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">(9,339,230</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">)&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">(20,792,937</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">)&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Total increase (decrease)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">(18,614,408</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">)&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">13,986,813</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1" COLOR="#6a86b8"><B>Net Assets Applicable to Common Shareholders</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Beginning of period</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">441,513,507</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">427,526,694</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">End of period (including distributions in excess of net investment income of ($576,410) and ($280,715), respectively)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>&nbsp;&nbsp;&nbsp;&nbsp;422,899,099</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>&nbsp;&nbsp;&nbsp;&nbsp;441,513,507</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>&nbsp;</B></FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="margin-top:4px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="1">See notes to financial statements. </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE">

<TR>
<TD WIDTH="14%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="83%"></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>abfunds.com</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>ALLIANCEBERNSTEIN NATIONAL MUNICIPAL INCOME
FUND&nbsp;&nbsp;&nbsp;&nbsp;<SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex">|</SUP>&nbsp;&nbsp;&nbsp;&nbsp;25</B></FONT></TD></TR></TABLE>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="line-height:0px;margin-top:0px;margin-bottom:2px;border-bottom:0.3pt solid #6a86b8">&nbsp;</P>
<P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2" COLOR="#6a86b8"><B>STATEMENT OF CASH FLOWS </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>For the Six
Months Ended April&nbsp;30, 2017 </B>(unaudited)<B> </B></FONT></P> <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE" ALIGN="center">


<TR>
<TD WIDTH="59%"></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>

<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1" COLOR="#6a86b8"><B>Cash flows from operating activities</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Net decrease in net assets from operations</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">$</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;&nbsp;&nbsp;&nbsp;(8,765,365</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">)&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1" COLOR="#6a86b8"><B>Reconciliation of net increase in net assets from operations to net increase in cash from operating activities:</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Purchases of long-term investments</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">$</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;&nbsp;&nbsp;&nbsp;(57,566,429</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">)&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Purchases of short-term investments</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">(25,766,469</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">)&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Proceeds from disposition of long-term investments</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">52,014,545</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Proceeds from disposition of short-term investments</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">36,318,210</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Net realized loss on investment transactions</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">1,882,443</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Net change in unrealized appreciation/depreciation on investment transactions</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">16,436,270</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Net accretion of bond discount and amortization of bond premium</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">2,093,711</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Increase in interest receivable</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">(59,316</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">)&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Decrease in affiliated dividends receivable</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">499</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Decrease in deferred offering costs</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">22,004</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Decrease in payable for investments purchased</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">(6,728,539</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">)&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Decrease in advisory fee payable</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">(17,834</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">)&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Increase in interest expense payable</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">5,515</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Decrease in other liabilities</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">(29,224</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">)&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Decrease in accrued expenses</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">(1,572</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">)&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Proceeds on swaps, net</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">9,873</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Total adjustments</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">18,613,687</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1"><B><FONT STYLE="font-family:ARIAL" SIZE="1" COLOR="#6a86b8">Net increase in cash from operating activities</FONT></B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>9,848,322</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>&nbsp;</B></FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1" COLOR="#6a86b8"><B>Cash flows from financing activities</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Cash dividends paid</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">(9,848,322</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">)&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Net decrease in cash from financing activities</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">(9,848,322</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">)&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1"></FONT><FONT STYLE="font-family:ARIAL" SIZE="1" COLOR="#6a86b8"><B>Net increase in
cash</B></FONT><FONT STYLE="font-family:ARIAL" SIZE="1"></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">&#151;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Net change in cash</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Cash at beginning of period</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">&#151;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1"><B><FONT STYLE="font-family:ARIAL" SIZE="1" COLOR="#6a86b8">Cash at end of period</FONT></B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>$</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>&#151;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>&nbsp;</B></FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Supplemental disclosure of cash flow information:</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Interest expense paid during the period</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">$</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">1,385,142</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
</TABLE> <P STYLE="margin-top:4px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="1">In accordance with U.S. GAAP, the Fund has included a Statement of Cash Flows as a result of its substantial investments in floating
rate notes and Variable Rate MuniFund Term Preferred Shares throughout the period. </FONT></P> <P STYLE="margin-top:4px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="1">See notes to financial statements </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE">

<TR>
<TD WIDTH="81%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="14%"></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>26&nbsp;&nbsp;&nbsp;&nbsp;<SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex">|</SUP>&nbsp;&nbsp;&nbsp;&nbsp;ALLIANCEBERNSTEIN NATIONAL MUNICIPAL INCOME
FUND</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>abfunds.com</B></FONT></TD></TR></TABLE>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="line-height:0px;margin-top:0px;margin-bottom:2px;border-bottom:0.3pt solid #6a86b8">&nbsp;</P>
<P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2" COLOR="#6a86b8"><B>NOTES TO FINANCIAL STATEMENTS </B></FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>April&nbsp;30, 2017 </B>(unaudited)<B> </B></FONT></P> <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2" COLOR="#6a86b8"><B>NOTE A </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2" COLOR="#6a86b8"><B>Significant
Accounting Policies </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">AllianceBernstein National Municipal Income Fund, Inc. (the &#147;Fund&#148;) was incorporated in the State of Maryland on
November&nbsp;9, 2001 and is registered under the Investment Company Act of 1940 as a diversified, <FONT STYLE="white-space:nowrap">closed-end</FONT> management investment company. The financial statements have been prepared in conformity with U.S.
generally accepted accounting principles (&#147;U.S. GAAP&#148;) which require management to make certain estimates and assumptions that affect the reported amounts of assets and liabilities in the financial statements and amounts of income and
expenses during the reporting period. Actual results could differ from those estimates. The Fund is an investment company under U.S. GAAP and follows the accounting and reporting guidance applicable to investment companies. The following is a
summary of significant accounting policies followed by the Fund. </FONT></P> <P STYLE="margin-top:10px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2"><B>1. Security Valuation </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT
STYLE="font-family:ARIAL" SIZE="2">Portfolio securities are valued at their current market value determined on the basis of market quotations or, if market quotations are not readily available or are deemed unreliable, at &#147;fair value&#148; as
determined in accordance with procedures established by and under the general supervision of the Fund&#146;s Board of Directors (the &#147;Board&#148;). </FONT></P>
<P STYLE="margin-top:10px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">In general, the market values of securities which are readily available and deemed reliable are determined as follows: securities listed on a national securities
exchange (other than securities listed on the NASDAQ Stock Market, Inc. (&#147;NASDAQ&#148;)) or on a foreign securities exchange are valued at the last sale price at the close of the exchange or foreign securities exchange. If there has been no
sale on such day, the securities are valued at the last traded price from the previous day. Securities listed on more than one exchange are valued by reference to the principal exchange on which the securities are traded; securities listed only on
NASDAQ are valued in accordance with the NASDAQ Official Closing Price; listed or over the counter (&#147;OTC&#148;) market put or call options are valued at the mid level between the current bid and ask prices. If either a current bid or current
ask price is unavailable, AllianceBernstein L.P. (the &#147;Adviser&#148;) will have discretion to determine the best valuation (e.g. last trade price in the case of listed options); open futures are valued using the closing settlement price or, in
the absence of such a price, the most recent quoted bid price. If there are no quotations available for the day of valuation, the last available closing settlement price is used; U.S. Government securities and any other debt instruments having 60
days or less remaining until maturity are generally valued at market by an independent pricing vendor, if a market price is available. If a market price is not available, the securities are valued
</FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE">

<TR>
<TD WIDTH="14%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="83%"></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>abfunds.com</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>ALLIANCEBERNSTEIN NATIONAL MUNICIPAL INCOME
FUND&nbsp;&nbsp;&nbsp;&nbsp;<SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex">|</SUP>&nbsp;&nbsp;&nbsp;&nbsp;27</B></FONT></TD></TR></TABLE>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="line-height:0px;margin-top:0px;margin-bottom:2px;border-bottom:0.3pt solid #6a86b8">&nbsp;</P>
<P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2" COLOR="#6a86b8"><B>NOTES TO FINANCIAL STATEMENTS </B>(continued)<B> </B></FONT></P> <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">at amortized cost. This methodology is commonly used for short term securities that have an original maturity of 60 days or less, as well as short term securities
that had an original term to maturity that exceeded 60 days. In instances when amortized cost is utilized, the Valuation Committee (the &#147;Committee&#148;) must reasonably conclude that the utilization of amortized cost is approximately the same
as the fair value of the security. Such factors the Committee will consider include, but are not limited to, an impairment of the creditworthiness of the issuer or material changes in interest rates. Fixed-income securities, including
mortgage-backed and asset-backed securities, may be valued on the basis of prices provided by a pricing service or at a price obtained from one or more of the major broker-dealers. In cases where broker-dealer quotes are obtained, the Adviser may
establish procedures whereby changes in market yields or spreads are used to adjust, on a daily basis, a recently obtained quoted price on a security. Swaps and other derivatives are valued daily, primarily using independent pricing services,
independent pricing models using market inputs, as well as third party broker-dealers or counterparties. Open end mutual funds are valued at the closing net asset value per share, while exchange traded funds are valued at the closing market price
per share. </FONT></P> <P STYLE="margin-top:10px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">Securities for which market quotations are not readily available (including restricted securities) or are deemed unreliable are valued at
fair value as deemed appropriate by the Adviser. Factors considered in making this determination may include, but are not limited to, information obtained by contacting the issuer, analysts, analysis of the issuer&#146;s financial statements or
other available documents. In addition, the Fund may use fair value pricing for securities primarily traded in <FONT STYLE="white-space:nowrap">non-U.S.</FONT> markets because most foreign markets close well before the Fund values its securities at
4:00 p.m., Eastern Time. The earlier close of these foreign markets gives rise to the possibility that significant events, including broad market moves, may have occurred in the interim and may materially affect the value of those securities. To
account for this, the Fund may frequently value many of its foreign equity securities using fair value prices based on third party vendor modeling tools to the extent available. </FONT></P> <P STYLE="margin-top:10px;margin-bottom:0px"><FONT
STYLE="font-family:ARIAL" SIZE="2"><B>2. Fair Value Measurements </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">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 as described in Note&nbsp;A.1 above). Inputs may be observable or
unobservable </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE">

<TR>
<TD WIDTH="81%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="14%"></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>28&nbsp;&nbsp;&nbsp;&nbsp;<SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex">|</SUP>&nbsp;&nbsp;&nbsp;&nbsp;ALLIANCEBERNSTEIN NATIONAL MUNICIPAL INCOME
FUND</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>abfunds.com</B></FONT></TD></TR></TABLE>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="line-height:0px;margin-top:0px;margin-bottom:2px;border-bottom:0.3pt solid #6a86b8">&nbsp;</P>
<P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2" COLOR="#6a86b8"><B>NOTES TO FINANCIAL STATEMENTS </B>(continued)<B> </B></FONT></P> <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">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&#146;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. </FONT></P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="1%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="2">Level&nbsp;1&#151;quoted prices in active markets for identical investments </FONT></P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="1%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="2">Level&nbsp;2&#151;other significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds, credit risk, etc.)
</FONT></P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="1%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="2">Level&nbsp;3&#151;significant unobservable inputs (including the Fund&#146;s own assumptions in determining the fair value of investments)
</FONT></P></TD></TR></TABLE> <P STYLE="margin-top:10px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">The fair value of debt instruments, such as bonds, and
<FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">over-the-counter</FONT></FONT> 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&nbsp;2. Pricing vendor inputs to Level&nbsp;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 are then discounted to calculate fair values. If these inputs are unobservable and significant to the fair value,
these investments will be classified as Level&nbsp;3. In addition, <FONT STYLE="white-space:nowrap">non-agency</FONT> rated investments are classified as Level&nbsp;3. </FONT></P> <P STYLE="margin-top:10px;margin-bottom:0px"><FONT
STYLE="font-family:ARIAL" SIZE="2">Other fixed income investments, including <FONT STYLE="white-space:nowrap">non-U.S.</FONT> 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&nbsp;2. Where the inputs
are not observable, the investments are classified as Level&nbsp;3. </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE">

<TR>
<TD WIDTH="14%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="83%"></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>abfunds.com</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>ALLIANCEBERNSTEIN NATIONAL MUNICIPAL INCOME
FUND&nbsp;&nbsp;&nbsp;&nbsp;<SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex">|</SUP>&nbsp;&nbsp;&nbsp;&nbsp;29</B></FONT></TD></TR></TABLE>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="line-height:0px;margin-top:0px;margin-bottom:2px;border-bottom:0.3pt solid #6a86b8">&nbsp;</P>
<P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2" COLOR="#6a86b8"><B>NOTES TO FINANCIAL STATEMENTS </B>(continued)<B> </B></FONT></P> <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">The following table summarizes the valuation of the Fund&#146;s investments by the above fair value hierarchy levels as of April&nbsp;30, 2017: </FONT></P>
<P STYLE="font-size:10px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE" ALIGN="center">


<TR>
<TD WIDTH="41%"></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="bottom"> <P STYLE="border-bottom:2px solid #000000;width:96pt"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>Investments in Securities:</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:2px solid #000000"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>Level&nbsp;1</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:2px solid #000000"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>Level&nbsp;2</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:2px solid #000000"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>Level&nbsp;3</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:2px solid #000000"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>Total</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>


<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>Assets:</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Long-Term Municipal Bonds</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">$</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">&#150;&nbsp;0</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;&#150;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">$</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">652,153,660</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">$</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">24,889,646</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">$</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">677,043,306</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Short-Term Investments</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">669,305</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">&#150;&nbsp;0</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;&#150;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">&#150;&nbsp;0</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;&#150;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">669,305</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Total Investments in Securities</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">669,305</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">652,153,660</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">24,889,646</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">677,712,611</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>Other Financial Instruments<SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex">(a)</SUP>:</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>Assets:</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Interest Rate Swaps</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">&#150;&nbsp;0</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;&#150;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">106,886</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">&#150;&nbsp;0</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;&#150;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">106,886</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>Liabilities</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">&#150;&nbsp;0</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;&#150;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">&#150;&nbsp;0</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;&#150;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">&#150;&nbsp;0</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;&#150;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">&#150;&nbsp;0</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;&#150;&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>Total<SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex">(b)</SUP></B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>$</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>&nbsp;&nbsp;669,305</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>$</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>&nbsp;&nbsp;652,260,546</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>$</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>&nbsp;&nbsp;24,889,646</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>$</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>&nbsp;&nbsp;677,819,497</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>&nbsp;</B></FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="font-size:4px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="1%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="1">(a)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">Other financial instruments are derivative instruments, such as futures, forwards and swaps, which are valued at the unrealized appreciation/(depreciation) on the instrument.
</FONT></TD></TR></TABLE> <P STYLE="font-size:2px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="1%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="1">(b)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">There were no transfers between any levels during the reporting period. </FONT></TD></TR></TABLE> <P STYLE="margin-top:10px;margin-bottom:0px"><FONT
STYLE="font-family:ARIAL" SIZE="2">The Fund recognizes all transfers between levels of the fair value hierarchy assuming the financial instruments were transferred at the beginning of the reporting period. </FONT></P>
<P STYLE="margin-top:10px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">The following is a reconciliation of investments in which significant unobservable inputs (Level 3) were used in determining fair value. </FONT></P>
<P STYLE="font-size:10px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE" ALIGN="center">


<TR>
<TD WIDTH="63%"></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="bottom">&nbsp;<FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:2px solid #000000"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>Long-Term <BR>Municipal<BR>Bonds</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:2px solid #000000"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>Total</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>Balance as of 10/31/16</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>28,275,588</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>28,275,588</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>&nbsp;</B></FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Accrued discounts/(premiums)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">(46,716</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">)&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">(46,716</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">)&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Realized gain (loss)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">24,629</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">24,629</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Change in unrealized appreciation/depreciation</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">(309,355</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">)&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">(309,355</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">)&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Purchases</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">70,185</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">70,185</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Sales</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">(3,124,685</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">)&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">(3,124,685</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">)&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Transfers in to Level&nbsp;3</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">&#150;&nbsp;0</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;&#150;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">&#150;&nbsp;0</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;&#150;&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Transfers out of Level&nbsp;3</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">&#150;&nbsp;0</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;&#150;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">&#150;&nbsp;0</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;&#150;&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>Balance as of 4/30/17</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>&nbsp;&nbsp;24,889,646</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>&nbsp;&nbsp;24,889,646</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>&nbsp;</B></FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Net change in unrealized appreciation/depreciation from investments held as of 4/30/17<SUP
STYLE="vertical-align:baseline; position:relative; bottom:.8ex">(a)</SUP></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">$</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">(251,899</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">)&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">$</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">(251,899</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">)&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="font-size:4px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="1%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="1">(a)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">The unrealized appreciation/(depreciation) is included in net change in unrealized appreciation/(depreciation) on investments and other financial instruments in the accompanying
statement of operations. </FONT></TD></TR></TABLE> <P STYLE="margin-top:10px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">As of April&nbsp;30, 2017, all Level&nbsp;3 securities were priced by third party vendors. </FONT></P>
<P STYLE="margin-top:10px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">The Adviser established the Committee to oversee the pricing and valuation of all securities held in the Fund. The Committee operates under pricing and valuation
policies and procedures established by the Adviser and approved by the Board, including pricing policies which set forth the </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE">

<TR>
<TD WIDTH="81%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="14%"></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>30&nbsp;&nbsp;&nbsp;&nbsp;<SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex">|</SUP>&nbsp;&nbsp;&nbsp;&nbsp;ALLIANCEBERNSTEIN NATIONAL MUNICIPAL INCOME
FUND</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>abfunds.com</B></FONT></TD></TR></TABLE>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="line-height:0px;margin-top:0px;margin-bottom:2px;border-bottom:0.3pt solid #6a86b8">&nbsp;</P>
<P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2" COLOR="#6a86b8"><B>NOTES TO FINANCIAL STATEMENTS </B>(continued)<B> </B></FONT></P> <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">mechanisms and processes to be employed on a daily basis to implement these policies and procedures. In particular, the pricing policies describe how to determine
market quotations for securities and other instruments. The Committee&#146;s responsibilities include: 1) fair value and liquidity determinations (and oversight of any third parties to whom any responsibility for fair value and liquidity
determinations is delegated), and 2) regular monitoring of the Adviser&#146;s pricing and valuation policies and procedures and modification or enhancement of these policies and procedures (or recommendation of the modification of these policies and
procedures) as the Committee believes appropriate. </FONT></P> <P STYLE="margin-top:10px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">The Committee is also responsible for monitoring the implementation of the pricing policies by the
Adviser&#146;s Pricing Group (the &#147;Pricing Group&#148;) and any third party which performs certain pricing functions in accordance with the pricing policies. The Pricing Group is responsible for the oversight of the third party on a <FONT
STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">day-to-day</FONT></FONT> basis. The Committee and the Pricing Group perform a series of activities to provide reasonable assurance of the accuracy of prices including: 1) periodic vendor
due diligence meetings, review of methodologies, new developments and processes at vendors, 2)&nbsp;daily comparison of security valuation versus prior day for all securities that exceeded established thresholds, and 3) daily review of unpriced,
stale, and variance reports with exceptions reviewed by senior management and the Committee. </FONT></P> <P STYLE="margin-top:10px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">In addition, several processes outside of the pricing
process are used to monitor valuation issues including: 1) performance and performance attribution reports are monitored for anomalous impacts based upon benchmark performance, and 2) portfolio managers review all portfolios for performance and
analytics (which are generated using the Adviser&#146;s prices). </FONT></P> <P STYLE="margin-top:10px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2"><B>3. Taxes </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT
STYLE="font-family:ARIAL" SIZE="2">It is the Fund&#146;s policy to meet the requirements of the Internal Revenue Code applicable to regulated investment companies and to distribute all of its investment company taxable income and net realized gains,
if any, to shareholders. Therefore, no provisions for federal income or excise taxes are required. </FONT></P> <P STYLE="margin-top:10px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">In accordance with U.S. GAAP requirements regarding
accounting for uncertainties in income taxes, management has analyzed the Fund&#146;s tax positions taken or expected to be taken on federal and state income tax returns for all open tax years (the current and the prior three tax years) and has
concluded that no provision for income tax is required in the Fund&#146;s financial statements. </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE">

<TR>
<TD WIDTH="14%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="83%"></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>abfunds.com</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>ALLIANCEBERNSTEIN NATIONAL MUNICIPAL INCOME
FUND&nbsp;&nbsp;&nbsp;&nbsp;<SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex">|</SUP>&nbsp;&nbsp;&nbsp;&nbsp;31</B></FONT></TD></TR></TABLE>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="line-height:0px;margin-top:0px;margin-bottom:2px;border-bottom:0.3pt solid #6a86b8">&nbsp;</P>
<P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2" COLOR="#6a86b8"><B>NOTES TO FINANCIAL STATEMENTS </B>(continued)<B> </B></FONT></P> <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2"><B>4. Investment Income and Investment Transactions </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">Dividend
income is recorded on the <FONT STYLE="white-space:nowrap">ex-dividend</FONT> date or as soon as the Fund is informed of the dividend. Interest income is accrued daily. Investment transactions are accounted for on the date the securities are
purchased or sold. Investment gains or losses are determined on the identified cost basis. The Fund amortizes premiums and accretes original issue discounts and market discounts as adjustments to interest income. </FONT></P>
<P STYLE="margin-top:10px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2"><B>5. Dividends and Distributions </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">Dividends and distributions
to shareholders, if any, are recorded on the <FONT STYLE="white-space:nowrap">ex-dividend</FONT> date. Income dividends and capital gains distributions are determined in accordance with federal tax regulations and may differ from those determined in
accordance with U.S. GAAP. To the extent these differences are permanent, such amounts are reclassified within the capital accounts based on their federal tax basis treatment; temporary differences do not require such reclassification. </FONT></P>
<P STYLE="margin-top:10px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2" COLOR="#6a86b8"><B>NOTE B </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2" COLOR="#6a86b8"><B>Advisory Fee and
Other Transactions with Affiliates </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">Under the terms of an investment advisory agreement, the Fund pays the Adviser an advisory fee at the annual rate
of 0.55% of the Fund&#146;s average daily net assets. Such advisory fee, which is calculated on the basis of the assets attributable to the Fund&#146;s common and preferred shareholders, is accrued daily and paid monthly. In computing daily net
assets for purposes of determining the advisory fee payable, the Fund calculates daily the value of the total assets of the Fund, minus the value of the total liabilities of the Fund, except that the aggregate liquidation preference of the VMTP
shares, which is a liability for financial reporting purposes, is not deducted. </FONT></P> <P STYLE="margin-top:10px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">Under the terms of the shareholder inquiry agency agreement with
AllianceBernstein Investor Services, Inc. (&#147;ABIS&#148;), a wholly-owned subsidiary of the Adviser, the Fund reimburses ABIS for costs relating to servicing phone inquiries on behalf of the Fund. During the six months ended April&nbsp;30, 2017,
there was no reimbursement paid to ABIS. </FONT></P> <P STYLE="margin-top:10px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">The Fund may invest in AB Government Money Market Portfolio (the &#147;Government Money Market
Portfolio&#148;) which has a contractual annual advisory fee rate of .20% of the Portfolio&#146;s average daily net assets and bears its own expenses. In connection with the investment by the Fund in the Government Money Market Portfolio, the
Adviser has agreed to waive its advisory fee from the Fund in an amount equal to the Fund&#146;s pro rata share of the effective advisory fee of Government Money Market Portfolio, as borne indirectly by the Fund as an acquired fund fee and expense.
For </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE">

<TR>
<TD WIDTH="81%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="14%"></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>32&nbsp;&nbsp;&nbsp;&nbsp;<SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex">|</SUP>&nbsp;&nbsp;&nbsp;&nbsp;ALLIANCEBERNSTEIN NATIONAL MUNICIPAL INCOME
FUND</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>abfunds.com</B></FONT></TD></TR></TABLE>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="line-height:0px;margin-top:0px;margin-bottom:2px;border-bottom:0.3pt solid #6a86b8">&nbsp;</P>
<P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2" COLOR="#6a86b8"><B>NOTES TO FINANCIAL STATEMENTS </B>(continued)<B> </B></FONT></P> <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">the six months ended April&nbsp;30, 2017, such waiver amounted to $2,449. A summary of the Fund&#146;s transactions in shares of the Government Money Market
Portfolio for the six months ended April&nbsp;30, 2017 is as follows: </FONT></P> <P STYLE="font-size:10px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE" ALIGN="center">


<TR>
<TD></TD>
<TD VALIGN="bottom" WIDTH="14%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="14%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="14%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="14%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="bottom" ALIGN="center"> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>Market&nbsp;Value</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT
STYLE="font-family:ARIAL" SIZE="1"><B>10/31/16</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:1px;border-bottom:2px solid #000000;width:53pt" ALIGN="center"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>(000)</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:2px solid #000000"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>Purchases</B></FONT><br><FONT STYLE="font-family:ARIAL" SIZE="1"><B>at Cost</B></FONT><br><FONT
STYLE="font-family:ARIAL" SIZE="1"><B>(000)</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:2px solid #000000"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>Sales</B></FONT><br><FONT STYLE="font-family:ARIAL" SIZE="1"><B>Proceeds</B></FONT><br><FONT
STYLE="font-family:ARIAL" SIZE="1"><B>(000)</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:2px solid #000000"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>Market&nbsp;Value</B></FONT><br><FONT STYLE="font-family:ARIAL" SIZE="1"><B>4/30/17</B></FONT><br><FONT
STYLE="font-family:ARIAL" SIZE="1"><B>(000)</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:2px solid #000000"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>Dividend</B></FONT><br><FONT STYLE="font-family:ARIAL" SIZE="1"><B>Income</B></FONT><br><FONT
STYLE="font-family:ARIAL" SIZE="1"><B>(000)</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">$&nbsp;&nbsp;&nbsp;&nbsp;5,721</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">$</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;&nbsp;&nbsp;&nbsp;25,766</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">$</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;&nbsp;&nbsp;&nbsp;30,818</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">$</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;&nbsp;&nbsp;&nbsp;669</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">$</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;&nbsp;&nbsp;&nbsp;5</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:10px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2" COLOR="#6a86b8"><B>NOTE C </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT
STYLE="font-family:ARIAL" SIZE="2" COLOR="#6a86b8"><B>Investment Transactions </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">Purchases and sales of investment securities (excluding short-term
investments) for the six months ended April&nbsp;30, 2017 were as follows: </FONT></P> <P STYLE="font-size:10px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE" ALIGN="center">


<TR>
<TD WIDTH="59%"></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:2px solid #000000"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>Purchases</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:2px solid #000000"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>Sales</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Investment securities (excluding<BR>U.S. government securities)...................</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">$</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;&nbsp;&nbsp;&nbsp;57,566,429</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">$</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;&nbsp;&nbsp;&nbsp;51,985,321</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">U.S. government securities......................</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">&#150; 0</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;&#150;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">&#150; 0</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;&#150;&nbsp;</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:10px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">The cost of investments for federal income tax purposes was substantially the same as the cost for financial reporting purposes.
Accordingly, gross unrealized appreciation and unrealized depreciation (excluding swap transactions) are as follows: </FONT></P> <P STYLE="font-size:10px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE" ALIGN="center">


<TR>
<TD WIDTH="79%"></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Gross unrealized appreciation</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">$</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">39,389,376</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Gross unrealized depreciation</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">(2,191,150</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">)&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Net unrealized appreciation</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">$</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;&nbsp;&nbsp;&nbsp;37,198,226</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="margin-top:10px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2"><B>1. Derivative Financial Instruments </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT
STYLE="font-family:ARIAL" SIZE="2">The Fund may use derivatives in an effort to earn income and enhance returns, to replace more traditional direct investments, to obtain exposure to otherwise inaccessible markets (collectively, &#147;investment
purposes&#148;), or to hedge or adjust the risk profile of its portfolio. </FONT></P> <P STYLE="margin-top:10px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">The principal type of derivative utilized by the Fund, as well as the methods
in which they may be used are: </FONT></P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="1%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="2"><B>&#149;</B></FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="2"><B>Swaps </B></FONT></P></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:ARIAL" SIZE="2">The Fund may
enter into swaps to hedge its exposure to interest rates or credit risk. A swap is an agreement that obligates two parties to exchange a series of cash flows at specified intervals based upon or calculated by reference to changes in specified prices
or rates for a specified amount of an underlying asset. The payment flows are usually netted against each other, with the difference being paid by one party to the other. In addition, collateral may be pledged or received by the Fund in accordance
with the terms of the respective </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE">

<TR>
<TD WIDTH="14%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="83%"></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>abfunds.com</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>ALLIANCEBERNSTEIN NATIONAL MUNICIPAL INCOME
FUND&nbsp;&nbsp;&nbsp;&nbsp;<SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex">|</SUP>&nbsp;&nbsp;&nbsp;&nbsp;33</B></FONT></TD></TR></TABLE>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="line-height:0px;margin-top:0px;margin-bottom:2px;border-bottom:0.3pt solid #6a86b8">&nbsp;</P>
<P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2" COLOR="#6a86b8"><B>NOTES TO FINANCIAL STATEMENTS </B>(continued)<B> </B></FONT></P> <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:ARIAL" SIZE="2">swaps to provide value and recourse to the Fund or its counterparties in the event of default, bankruptcy or insolvency by one of the parties to the
swap. </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:ARIAL" SIZE="2">Risks may arise as a result of the failure of the counterparty to the swap to comply with the terms of the swap. The loss incurred
by the failure of a counterparty is generally limited to the net interim payment to be received by the Fund, and/or the termination value at the end of the contract. Therefore, the Fund considers the creditworthiness of each counterparty to a swap
in evaluating potential counterparty risk. This risk is mitigated by having a netting arrangement between the Fund and the counterparty and by the posting of collateral by the counterparty to the Fund to cover the Fund&#146;s exposure to the
counterparty. Additionally, risks may arise from unanticipated movements in interest rates or in the value of the underlying securities. The Fund accrues for the interim payments on swaps on a daily basis, with the net amount recorded within
unrealized appreciation/depreciation of swaps on the statement of assets and liabilities, where applicable. Once the interim payments are settled in cash, the net amount is recorded as realized gain/(loss) on swaps on the statement of operations, in
addition to any realized gain/(loss) recorded upon the termination of swaps. Upfront premiums paid or received are recognized as cost or proceeds on the statement of assets and liabilities and are amortized on a straight line basis over the life of
the contract. Amortized upfront premiums are included in net realized gain/(loss) from swaps on the statement of operations. Fluctuations in the value of swaps are recorded as a component of net change in unrealized appreciation/depreciation of
swaps on the statement of operations. </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:ARIAL" SIZE="2">Certain standardized swaps, including certain interest rate swaps and credit default swaps, are
(or soon will be) subject to mandatory central clearing. Cleared swaps are transacted through futures commission merchants (&#147;FCMs&#148;) that are members of central clearinghouses, with the clearinghouse serving as central counterparty, similar
to transactions in futures contracts. Centralized clearing will be required for additional categories of swaps on a <FONT STYLE="white-space:nowrap">phased-in</FONT> basis based on requirements published by the Securities and Exchange Commission and
Commodity Futures Trading Commission. </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:ARIAL" SIZE="2">At the time the Fund enters into a centrally cleared swap, the Fund deposits and maintains as
collateral an initial margin with the broker, as required by the clearinghouse on which the transaction is effected. Such amount is shown as cash collateral due from broker on the statement of assets and liabilities. Pursuant to the contract, the
Fund </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE">

<TR>
<TD WIDTH="81%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="14%"></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>34&nbsp;&nbsp;&nbsp;&nbsp;<SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex">|</SUP>&nbsp;&nbsp;&nbsp;&nbsp;ALLIANCEBERNSTEIN NATIONAL MUNICIPAL INCOME
FUND</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>abfunds.com</B></FONT></TD></TR></TABLE>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="line-height:0px;margin-top:0px;margin-bottom:2px;border-bottom:0.3pt solid #6a86b8">&nbsp;</P>
<P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2" COLOR="#6a86b8"><B>NOTES TO FINANCIAL STATEMENTS </B>(continued)<B> </B></FONT></P> <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:ARIAL" SIZE="2">agrees to receive from or pay to the broker an amount of cash equal to the daily fluctuation in the value of the contract. Such receipts or payments
are known as variation margin and are recorded by the Fund as unrealized gains or losses. Risks may arise from the potential inability of a counterparty to meet the terms of the contract. The credit/counterparty risk for centrally cleared swaps is
generally less than <FONT STYLE="white-space:nowrap">non-centrally</FONT> cleared swaps, since the clearinghouse, which is the issuer or counterparty to each centrally cleared swap, has robust risk mitigation standards, including the requirement to
provide initial and variation margin. When the contract is closed, the Fund records a realized gain or loss equal to the difference between the value of the contract at the time it was opened and the time it was closed. </FONT></P>
<P STYLE="margin-top:10px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:ARIAL" SIZE="2"><B>Interest Rate Swaps: </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:ARIAL" SIZE="2">The
Fund is subject to interest rate risk exposure in the normal course of pursuing its investment objectives. Because the Fund holds fixed rate bonds, the value of these bonds may decrease if interest rates rise. To help hedge against this risk and to
maintain its ability to generate income at prevailing market rates, the Fund may enter into interest rate swaps. Interest rate swaps are agreements between two parties to exchange cash flows based on a notional amount. The Fund may elect to pay a
fixed rate and receive a floating rate, or, receive a fixed rate and pay a floating rate on a notional amount. </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:ARIAL" SIZE="2">In addition, the Fund may
also enter into interest rate swap transactions to preserve a return or spread on a particular investment or portion of its portfolio, or protecting against an increase in the price of securities the Fund anticipates purchasing at a later date.
Interest rate swaps involve the exchange by a Fund with another party of their respective commitments to pay or receive interest (<I>e.g.</I>, an exchange of floating rate payments for fixed rate payments) computed based on a contractually-based
principal (or &#147;notional&#148;) amount. Interest rate swaps are entered into on a net basis (<I>i.e.</I>, the two payment streams are netted out, with the Fund receiving or paying, as the case may be, only the net amount of the two payments).
</FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:ARIAL" SIZE="2">During the six months ended April&nbsp;30, 2017, the Fund held interest rate swaps for hedging purposes. </FONT></P>
<P STYLE="margin-top:10px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">The Fund typically enters into International Swaps and Derivatives Association, Inc. Master Agreements (&#147;ISDA Master Agreement&#148;) or similar master
agreements (collectively, &#147;Master Agreements&#148;) with its derivative contract counterparties in order to, among other things, reduce its credit risk to counterparties. ISDA Master Agreements include provisions for general obligations,
representations, collateral and events of default or termination. </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE">

<TR>
<TD WIDTH="14%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="83%"></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>abfunds.com</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>ALLIANCEBERNSTEIN NATIONAL MUNICIPAL INCOME
FUND&nbsp;&nbsp;&nbsp;&nbsp;<SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex">|</SUP>&nbsp;&nbsp;&nbsp;&nbsp;35</B></FONT></TD></TR></TABLE>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="line-height:0px;margin-top:0px;margin-bottom:2px;border-bottom:0.3pt solid #6a86b8">&nbsp;</P>
<P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2" COLOR="#6a86b8"><B>NOTES TO FINANCIAL STATEMENTS </B>(continued)<B> </B></FONT></P> <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">Under an ISDA Master Agreement, the Fund typically may offset with the counterparty certain derivative financial instruments&#146; payables and/or receivables with
collateral held and/or posted and create one single net payment <FONT STYLE="white-space:nowrap">(close-out</FONT> netting) in the event of default or termination. </FONT></P> <P STYLE="margin-top:10px;margin-bottom:0px"><FONT
STYLE="font-family:ARIAL" SIZE="2">Various Master Agreements govern the terms of certain transactions with counterparties, including transactions such as derivative transactions, repurchase and reverse repurchase agreements. These Master Agreements
typically attempt to reduce the counterparty risk associated with such transactions by specifying credit protection mechanisms and providing standardization that improves legal certainty. Cross-termination provisions under Master Agreements
typically provide that a default in connection with one transaction between the Fund and a counterparty gives the <FONT STYLE="white-space:nowrap">non-defaulting</FONT> party the right to terminate any other transactions in place with the defaulting
party to create one single net payment due to/due from the defaulting party. In the event of a default by a Master Agreements counterparty, the return of collateral with market value in excess of the Fund&#146;s net liability, held by the defaulting
party, may be delayed or denied. </FONT></P> <P STYLE="margin-top:10px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">The Fund&#146;s Master Agreements may contain provisions for early termination of OTC derivative transactions in the
event the net assets of the Fund decline below specific levels (&#147;net asset contingent features&#148;). If these levels are triggered, the Fund&#146;s counterparty has the right to terminate such transaction and require the Fund to pay or
receive a settlement amount in connection with the terminated transaction. For additional details, please refer to netting arrangements by counterparty tables below. </FONT></P> <P STYLE="margin-top:10px;margin-bottom:0px"><FONT
STYLE="font-family:ARIAL" SIZE="2">During the six months ended April&nbsp;30, 2017, the Fund had entered into the following derivatives: </FONT></P> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE" ALIGN="center">


<TR>
<TD WIDTH="40%"></TD>
<TD VALIGN="bottom" WIDTH="9%"></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="9%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="10%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="9%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="bottom">&nbsp;<FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="4" ALIGN="center" STYLE="border-bottom:2px solid #000000"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>Asset Derivatives</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="center" STYLE="border-bottom:2px solid #000000"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>Liability Derivatives</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="bottom" ALIGN="center"> <P STYLE="border-bottom:2px solid #000000;width:58pt" ALIGN="center"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>Derivative Type</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:2px solid #000000"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>Statement&nbsp;of<BR>Assets&nbsp;and<BR>Liabilities<BR>Location</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:2px solid #000000"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>Fair&nbsp;Value</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:2px solid #000000"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>Statement&nbsp;of<BR>Assets&nbsp;and<BR>Liabilities<BR>Location</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:2px solid #000000"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>Fair&nbsp;Value</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Interest rate contracts</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">Unrealized<BR>appreciation<BR>on interest<BR>rate swaps</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">$</FONT></TD>
<TD VALIGN="top" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">106,886</FONT></TD>
<TD NOWRAP VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Total</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">$</FONT></TD>
<TD VALIGN="top" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;&nbsp;106,886</FONT></TD>
<TD NOWRAP VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR></TABLE>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE">

<TR>
<TD WIDTH="81%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="14%"></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>36&nbsp;&nbsp;&nbsp;&nbsp;<SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex">|</SUP>&nbsp;&nbsp;&nbsp;&nbsp;ALLIANCEBERNSTEIN NATIONAL MUNICIPAL INCOME
FUND</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>abfunds.com</B></FONT></TD></TR></TABLE>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="line-height:0px;margin-top:0px;margin-bottom:2px;border-bottom:0.3pt solid #6a86b8">&nbsp;</P>
<P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2" COLOR="#6a86b8"><B>NOTES TO FINANCIAL STATEMENTS </B>(continued)<B> </B></FONT></P> <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<P STYLE="font-size:10px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE" ALIGN="center">


<TR>
<TD WIDTH="37%"></TD>
<TD VALIGN="bottom" WIDTH="7%"></TD>
<TD WIDTH="27%"></TD>
<TD VALIGN="bottom" WIDTH="7%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="7%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>

<TR STYLE="page-break-inside:avoid">
<TD VALIGN="bottom" ALIGN="center"> <P STYLE="border-bottom:2px solid #000000;width:58pt" ALIGN="center"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>Derivative Type</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:2px solid #000000"> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>Location&nbsp;of&nbsp;Gain</B></FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>or&nbsp;(Loss)&nbsp;on</B></FONT></P>
<P STYLE="margin-top:0px;margin-bottom:1px" ALIGN="center"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>Derivatives&nbsp;Within<BR>Statement&nbsp;of<BR>Operations</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:2px solid #000000"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>Realized&nbsp;Gain</B></FONT><br><FONT STYLE="font-family:ARIAL" SIZE="1"><B>or&nbsp;(Loss)&nbsp;on</B></FONT><br><FONT
STYLE="font-family:ARIAL" SIZE="1"><B>Derivatives</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:2px solid #000000"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>Change&nbsp;in</B></FONT><br><FONT STYLE="font-family:ARIAL" SIZE="1"><B>Unrealized</B></FONT><br><FONT
STYLE="font-family:ARIAL" SIZE="1"><B>Appreciation&nbsp;or</B></FONT><br><FONT STYLE="font-family:ARIAL" SIZE="1"><B>(Depreciation)</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Interest rate contracts</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">Net realized gain (loss) on swaps; Net change in unrealized appreciation/depreciation of swaps</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">$</FONT></TD>
<TD VALIGN="top" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">9,873</FONT></TD>
<TD NOWRAP VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">$</FONT></TD>
<TD VALIGN="top" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">70,081</FONT></TD>
<TD NOWRAP VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Total</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">$</FONT></TD>
<TD VALIGN="top" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;&nbsp;9,873</FONT></TD>
<TD NOWRAP VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">$</FONT></TD>
<TD VALIGN="top" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;&nbsp;70,081</FONT></TD>
<TD NOWRAP VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="margin-top:10px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">The following table represents the average monthly volume of the Fund&#146;s derivative transactions during the six months ended
April&nbsp;30, 2017: </FONT></P> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE" ALIGN="center">


<TR>
<TD WIDTH="79%"></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Interest Rate Swaps:</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Average notional amount</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">$</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;&nbsp;&nbsp;&nbsp;84,000,000</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:10px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">For financial reporting purposes, the Fund does not offset derivative assets and derivative liabilities that are subject to netting
arrangements in the statement of assets and liabilities. </FONT></P> <P STYLE="margin-top:10px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">All derivatives held at period end were subject to netting arrangements. The following table
presents the Fund&#146;s derivative assets and liabilities by counterparty net of amounts available for offset under Master Agreements (&#147;MA&#148;) and net of the related collateral received/pledged by the Fund as of April&nbsp;30, 2017:
</FONT></P> <P STYLE="font-size:10px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE" ALIGN="center">


<TR>
<TD WIDTH="32%"></TD>
<TD VALIGN="bottom" WIDTH="9%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="9%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="8%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="8%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="8%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="bottom" ALIGN="center"> <P STYLE="border-bottom:2px solid #000000;width:47pt" ALIGN="center"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>Counterparty</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:2px solid #000000"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>Derivative<BR>Assets<BR>Subject<BR>to&nbsp;a&nbsp;MA</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:2px solid #000000"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>Derivative<BR>Available<BR>for&nbsp;Offset</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:2px solid #000000"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>Cash<BR>Collateral<BR>Received</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:2px solid #000000"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>Security<BR>Collateral<BR>Received</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:2px solid #000000"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>Net<BR>Amount&nbsp;of<BR>Derivatives<BR>Assets</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>


<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top" COLSPAN="20"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>OTC Derivatives:</B></FONT></P></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>&nbsp;</B></FONT></P></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Goldman Sachs Bank USA</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">$</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">106,886</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">$</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;&nbsp;&#150;&nbsp;0</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;&#150;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">$</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;&nbsp;&#150;&nbsp;0</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;&#150;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">$</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;&nbsp;&#150;&nbsp;0</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;&#150;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">$</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">106,886</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Total</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">$</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;&nbsp;106,886</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">$</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;&nbsp;&#150;&nbsp;0</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;&#150;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">$</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;&nbsp;&#150;&nbsp;0</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;&#150;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">$</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;&nbsp;&#150;&nbsp;0</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;&#150;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">$</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;&nbsp;106,886</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">^&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="font-size:4px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="1%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="1">^</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">Net amount represents the net receivable/payable that would be due from/to the counterparty in the event of default or termination. The net amount from OTC financial derivative
instruments can only be netted across transactions governed under the same master agreement with the same counterparty. </FONT></TD></TR></TABLE>
<P STYLE="margin-top:10px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2" COLOR="#6a86b8"><B>NOTE D </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2" COLOR="#6a86b8"><B>Common Stock
</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">There are 28,744,936 shares of common stock outstanding at April&nbsp;30, 2017. During the six months ended April&nbsp;30, 2017 and October&nbsp;31,
2016, the Fund did not issue any shares in connection with the Fund&#146;s dividend reinvestment plan. </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE">

<TR>
<TD WIDTH="14%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="83%"></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>abfunds.com</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>ALLIANCEBERNSTEIN NATIONAL MUNICIPAL INCOME
FUND&nbsp;&nbsp;&nbsp;&nbsp;<SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex">|</SUP>&nbsp;&nbsp;&nbsp;&nbsp;37</B></FONT></TD></TR></TABLE>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="line-height:0px;margin-top:0px;margin-bottom:2px;border-bottom:0.3pt solid #6a86b8">&nbsp;</P>
<P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2" COLOR="#6a86b8"><B>NOTES TO FINANCIAL STATEMENTS </B>(continued)<B> </B></FONT></P> <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2" COLOR="#6a86b8"><B>NOTE E </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2" COLOR="#6a86b8"><B>Auction Preferred
Shares </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">The Fund has 11,400 shares authorized and 3,685 shares issued and outstanding of auction preferred stock (the &#147;APS&#148;), consisting of
894 shares of Series&nbsp;M, 654 shares of Series&nbsp;T, 706 shares of Series&nbsp;W and 1,431 shares of Series TH. The APS have a liquidation value of $25,000 per share plus accumulated, unpaid dividends. The dividend rate on the APS may change
every 7 days as set by the auction agent for series M,&nbsp;T,&nbsp;W and TH. Due to the recent failed auctions, the dividend rate is the &#147;maximum rate&#148; set by the terms of the APS, which is based on AA commercial paper rates and
short-term municipal bond rates. The dividend rate on Series M is 1.51% effective through May&nbsp;1, 2017, Series&nbsp;T is 1.51% effective through May&nbsp;2, 2017, Series W is 1.51% effective through May&nbsp;3, 2017 and Series TH is 1.48%
effective through May&nbsp;4, 2017. </FONT></P> <P STYLE="margin-top:10px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">At certain times, the Fund may voluntarily redeem the APS in certain circumstances. The Fund is not required to
redeem any of its APS and expects to continue to rely on the APS for a portion of its leverage exposure. The Fund may also pursue other liquidity solutions for the APS. </FONT></P> <P STYLE="margin-top:10px;margin-bottom:0px"><FONT
STYLE="font-family:ARIAL" SIZE="2" COLOR="#6a86b8"><B>Variable Rate MuniFund Term Preferred Shares </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">During the year ended October&nbsp;31, 2015, the
Fund completed a private offering of Variable Rate MuniFund Term Preferred Shares (the &#147;VMTPS&#148;), having a liquidation preference of $25,000 per share. The Fund issued and sold 5,644 the VMTPS in its offering. The net proceeds from the
offering were used to repurchase the APS that were accepted for payment pursuant to the Offer. The VMTPS rank pari passu with the remaining outstanding APS but are subject to a mandatory redemption by the Fund in September 2022. The cost of leverage
to the Fund resulting from the issuance of the VMTPS is expected to vary over time and to differ from, and in some cases may exceed, the cost of leverage associated with the APS, as is the case at April&nbsp;30, 2017, although the Adviser
anticipates that, in general, an increase in interest rates beyond a certain level may result in the VMTPS being more economical to the Fund. </FONT></P> <P STYLE="margin-top:10px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">The VMTPS
generally do not trade, and market quotations are generally not available. The VMTPS are short-term or short/intermediate-term instruments that pay a variable dividend rate tied to a SIFMA Municipal Swap index, plus an additional fixed
&#147;spread&#148; amount of 1.30%, established at the time of issuance. As of April&nbsp;30, 2017, the dividend rate for the VMTPS was 2.20%. In the Fund&#146;s statement of assets and liabilities, the aggregate liquidation preference of the VMTPS
is shown as a liability in accordance with U.S. GAAP because the VMTPS have a stated mandatory redemption date. For the six months ended April&nbsp;30, 2017, the </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE">

<TR>
<TD WIDTH="81%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="14%"></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>38&nbsp;&nbsp;&nbsp;&nbsp;<SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex">|</SUP>&nbsp;&nbsp;&nbsp;&nbsp;ALLIANCEBERNSTEIN NATIONAL MUNICIPAL INCOME
FUND</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>abfunds.com</B></FONT></TD></TR></TABLE>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="line-height:0px;margin-top:0px;margin-bottom:2px;border-bottom:0.3pt solid #6a86b8">&nbsp;</P>
<P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2" COLOR="#6a86b8"><B>NOTES TO FINANCIAL STATEMENTS </B>(continued)<B> </B></FONT></P> <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">average amount of the VMTPS outstanding and the daily weighted average dividend rate were $141,100,000 and 2.00%, respectively. </FONT></P>
<P STYLE="margin-top:10px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">Dividends on the VMTPS (which are treated as interest payments for financial reporting purposes) are set weekly. Unpaid dividends on the VMTPS are recorded as
&#147;Interest expense payable&#148; on the statement of assets and liabilities. Dividends accrued on the VMTPS are recorded as a component of &#147;Interest expense, fees and amortization of offering costs&#148; on the statement of operations.
</FONT></P> <P STYLE="margin-top:10px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">Costs incurred by the Fund in connection with its offering of the VMTPS were recorded as a deferred charge, which are amortized over the life of the
shares and are recorded as &#147;Deferred offering costs&#148; on the statement of assets and liabilities and included within &#147;Interest expense, fees and amortization of offering costs&#148; on the statement of operations. The VMTPS are treated
as equity for tax purposes. During the six months ended April&nbsp;30, 2017, no additional costs were incurred and capitalized by the Fund. </FONT></P> <P STYLE="margin-top:10px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">The
preferred shareholders, including the holders of both the APS and the VMTPS, voting together as a separate class, have the right to elect at least two directors at all times and to elect a majority of the directors in the event two years&#146;
dividends on the preferred shares are unpaid. In each case, the remaining directors will be elected by the common shareholders and preferred shareholders voting together as a single class. The preferred shareholders will vote as a separate class on
certain other matters as required under the Fund&#146;s Charter, the Investment Company Act of 1940 and Maryland law, and management regularly evaluates, and discusses with the Fund&#146;s Board of Directors, the costs and potential benefits of
alternative sources of leverage for the Fund. </FONT></P> <P STYLE="margin-top:10px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2" COLOR="#6a86b8"><B>NOTE F </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT
STYLE="font-family:ARIAL" SIZE="2" COLOR="#6a86b8"><B>Distributions to Common Shareholders </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">The tax character of distributions to be paid for the
year ending October&nbsp;31, 2017 will be determined at the end of the current fiscal year. The tax character of distributions paid during the fiscal years ended October&nbsp;31, 2016 and October&nbsp;31, 2015 were as follows: </FONT></P>
<P STYLE="font-size:10px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE" ALIGN="center">


<TR>
<TD WIDTH="60%"></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:2px solid #000000"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>2016</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:2px solid #000000"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>2015</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Distributions paid from:</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Ordinary income</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">$</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">22,254</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">$</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">4,479</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1"><FONT STYLE="white-space:nowrap">Tax-exempt</FONT> income</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">20,015,193</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">23,315,406</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Distributions Paid</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">20,037,447</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">23,319,885</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Tax return of capital</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">755,490</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">216,468</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Total distributions paid</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">$</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;&nbsp;&nbsp;&nbsp;20,792,937</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">$</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;&nbsp;&nbsp;&nbsp;23,536,353</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE">

<TR>
<TD WIDTH="14%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="83%"></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>abfunds.com</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>ALLIANCEBERNSTEIN NATIONAL MUNICIPAL INCOME
FUND&nbsp;&nbsp;&nbsp;&nbsp;<SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex">|</SUP>&nbsp;&nbsp;&nbsp;&nbsp;39</B></FONT></TD></TR></TABLE>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="line-height:0px;margin-top:0px;margin-bottom:2px;border-bottom:0.3pt solid #6a86b8">&nbsp;</P>
<P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2" COLOR="#6a86b8"><B>NOTES TO FINANCIAL STATEMENTS </B>(continued)<B> </B></FONT></P> <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">As of October&nbsp;31, 2016, the components of accumulated earnings/(deficit) on a tax basis were as follows: </FONT></P>
<P STYLE="font-size:10px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE" ALIGN="center">


<TR>
<TD WIDTH="78%"></TD>
<TD VALIGN="bottom" WIDTH="7%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Accumulated capital and other gains/losses</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">$<SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex"></SUP></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;&nbsp;&nbsp;&nbsp;(27,145,470<SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex"></SUP></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">)<SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex">(a)</SUP>&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Unrealized appreciation/(depreciation)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1"><SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex"></SUP>&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">53,498,637<SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex"></SUP></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1"><SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex">(b)</SUP>&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Total accumulated earnings/(deficit)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">$<SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex"></SUP></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">26,353,167<SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex"></SUP></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1"><SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex">(c)</SUP>&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="font-size:4px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="1%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="1">(a)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">On October&nbsp;31, 2016, the Fund had a net capital loss carryforward of $27,145,470. </FONT></TD></TR></TABLE>
<P STYLE="font-size:4px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="1%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="1">(b)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">The difference between book-basis and <FONT STYLE="white-space:nowrap">tax-basis</FONT> unrealized appreciation/(depreciation) is attributable primarily to the tax treatment of
tender option bonds and swaps. </FONT></TD></TR></TABLE> <P STYLE="font-size:4px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="1%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="1">(c)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">The difference between book-basis and <FONT STYLE="white-space:nowrap">tax-basis</FONT> components of accumulated earnings/(deficit) is attributable primarily to dividends
payable. </FONT></TD></TR></TABLE> <P STYLE="margin-top:10px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">For tax purposes, net realized capital losses may be carried over to offset future capital gains, if any. Funds are permitted to
carry forward capital losses incurred in taxable years beginning after December&nbsp;22, 2010 for an indefinite period. These post-December 22, 2010 capital losses must be utilized prior to the earlier capital losses, which are subject to
expiration. Post-December 22, 2010 capital loss carryforwards will retain their character as either short-term or long-term capital losses rather than being considered short-term as under previous regulation. </FONT></P>
<P STYLE="margin-top:10px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">As of October&nbsp;31, 2016, the Fund had a net capital loss carryforward of $27,145,470 which will expire as follows: </FONT></P>
<P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE" ALIGN="center">


<TR>
<TD WIDTH="32%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="31%"></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD WIDTH="31%"></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #6a86b8"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>SHORT-TERM AMOUNT</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #6a86b8"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #6a86b8"><FONT STYLE="font-family:ARIAL" SIZE="1"><B><FONT STYLE="white-space:nowrap">LONG-TERM</FONT> AMOUNT</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #6a86b8"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #6a86b8"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>EXPIRATION</B></FONT></TD></TR>


<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top" ALIGN="center"> <P STYLE="margin-left:1.00em; text-indent:-1.00em" ALIGN="center"><FONT STYLE="font-family:ARIAL" SIZE="1">$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;979,235</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center"><FONT STYLE="font-family:ARIAL" SIZE="1">n/a</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center"><FONT STYLE="font-family:ARIAL" SIZE="1">2017</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top" ALIGN="center"> <P STYLE="margin-left:1.00em; text-indent:-1.00em" ALIGN="center"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;&nbsp;&nbsp;&nbsp;5,292,453</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center"><FONT STYLE="font-family:ARIAL" SIZE="1">n/a</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center"><FONT STYLE="font-family:ARIAL" SIZE="1">2018</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top" ALIGN="center"> <P STYLE="margin-left:1.00em; text-indent:-1.00em" ALIGN="center"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;&nbsp;&nbsp;&nbsp;4,345,107</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center"><FONT STYLE="font-family:ARIAL" SIZE="1">n/a</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center"><FONT STYLE="font-family:ARIAL" SIZE="1">2019</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top" ALIGN="center"> <P STYLE="margin-left:1.00em; text-indent:-1.00em" ALIGN="center"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;&nbsp;&nbsp;&nbsp;6,929,515</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center"><FONT STYLE="font-family:ARIAL" SIZE="1">$&nbsp;&nbsp;9,599,160</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center"><FONT STYLE="font-family:ARIAL" SIZE="1">no&nbsp;expiration</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:10px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2" COLOR="#6a86b8"><B>NOTE G </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT
STYLE="font-family:ARIAL" SIZE="2" COLOR="#6a86b8"><B>Risks Involved in Investing in the Fund </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2"><B>Credit Risk</B>&#151;An issuer or guarantor of a
fixed-income security, or the counterparty to a derivatives or other contract, may be unable or unwilling to make timely payments of interest or principal, or to otherwise honor its obligations. The issuer or guarantor may default, causing a loss of
the full principal amount of a security and accrued interest. The degree of risk for a particular security may be reflected in its credit rating. There is the possibility that the credit rating of a fixed-income security may be downgraded after
purchase, which may adversely affect the value of the security. Investments in fixed-income securities with lower ratings tend to have a higher probability that an issuer will default or fail to meet its payment obligations. </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE">

<TR>
<TD WIDTH="81%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="14%"></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>40&nbsp;&nbsp;&nbsp;&nbsp;<SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex">|</SUP>&nbsp;&nbsp;&nbsp;&nbsp;ALLIANCEBERNSTEIN NATIONAL MUNICIPAL INCOME
FUND</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>abfunds.com</B></FONT></TD></TR></TABLE>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="line-height:0px;margin-top:0px;margin-bottom:2px;border-bottom:0.3pt solid #6a86b8">&nbsp;</P>
<P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2" COLOR="#6a86b8"><B>NOTES TO FINANCIAL STATEMENTS </B>(continued)<B> </B></FONT></P> <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2"><B>Municipal Market Risk</B>&#151;This is the risk that special factors may adversely affect the value of municipal securities and have a significant effect on the
yield or value of the Fund&#146;s investments in municipal securities. These factors include economic conditions, political or legislative changes, uncertainties related to the tax status of municipal securities, or the rights of investors in these
securities. To the extent that the Fund invests more of its assets in a particular state&#146;s municipal securities, the Fund may be vulnerable to events adversely affecting that state, including economic, political and regulatory occurrences,
court decisions, terrorism and catastrophic natural disasters, such as hurricanes or earthquakes. The Fund&#146;s investments in certain municipal securities with principal and interest payments that are made from the revenues of a specific project
or facility, and not general tax revenues, may have increased risks. Factors affecting the project or facility, such as local business or economic conditions, could have a significant effect on the project&#146;s ability to make payments of
principal and interest on these securities. </FONT></P> <P STYLE="margin-top:10px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2"><B>Tax Risk</B>&#151;There is no guarantee that all of the Fund&#146;s income will remain exempt from
federal or state income taxes. From time to time, the U.S. Government and the U.S. Congress consider changes in federal tax law that could limit or eliminate the federal tax exemption for municipal bond income, which would in effect reduce the
income received by shareholders from the Fund by increasing taxes on that income. In such event, the Fund&#146;s net asset value could also decline as yields on municipal bonds, which are typically lower than those on taxable bonds, would be
expected to increase to approximately the yield of comparable taxable bonds. </FONT></P> <P STYLE="margin-top:10px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2"><B>Interest Rate Risk</B>&#151;Changes in interest rates will affect the
value of investments in fixed-income securities. When interest rates rise, the value of investments in fixed-income securities tends to fall and this decrease in value may not be offset by higher income from new investments. The Fund may be subject
to a heightened risk of rising interest rates due to the current period of historically low rates and the effect of government fiscal policy initiatives, including Federal Reserve actions, and market reaction to these initiatives. Interest rate risk
is generally greater for fixed-income securities with longer maturities or durations. </FONT></P> <P STYLE="margin-top:10px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2"><B>Duration Risk</B>&#151;Duration is a measure that relates the
expected price volatility of a fixed-income security to changes in interest rates. The duration of a fixed-income security may be shorter than or equal to full maturity of a fixed-income security. Fixed-income securities with longer durations have
more risk and will decrease in price as interest rates rise. For example, a fixed-income security with a duration of three years will decrease in value by approximately 3% if interest rates increase by 1%. </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE">

<TR>
<TD WIDTH="14%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="83%"></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>abfunds.com</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>ALLIANCEBERNSTEIN NATIONAL MUNICIPAL INCOME
FUND&nbsp;&nbsp;&nbsp;&nbsp;<SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex">|</SUP>&nbsp;&nbsp;&nbsp;&nbsp;41</B></FONT></TD></TR></TABLE>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="line-height:0px;margin-top:0px;margin-bottom:2px;border-bottom:0.3pt solid #6a86b8">&nbsp;</P>
<P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2" COLOR="#6a86b8"><B>NOTES TO FINANCIAL STATEMENTS </B>(continued)<B> </B></FONT></P> <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2"><B>Inflation Risk</B>&#151;This is the risk that the value of assets or income from investments will be less in the future as inflation decreases the value of
money. As inflation increases, the value of the Fund&#146;s assets can decline as can the value of the Fund&#146;s distributions. This risk is significantly greater for fixed-income securities with longer maturities. </FONT></P>
<P STYLE="margin-top:10px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2"><B>Liquidity Risk</B>&#151;Liquidity risk occurs when certain investments become difficult to purchase or sell. Difficulty in selling less liquid securities may
result in sales at disadvantageous prices affecting the value of your investment in the Fund.&nbsp;Causes of liquidity risk may include low trading volumes and large positions of Fund shares. Over recent years liquidity risk has also increased
because the capacity of dealers in the secondary market for fixed-income securities to make markets in these securities has decreased, even as the overall bond market has grown significantly, due to, among other things, structural changes,
additional regulatory requirements and capital and risk restraints that have led to reduced inventories. Liquidity risk may be higher in a rising interest rate environment, when the value and liquidity of fixed-income securities generally decline.
Municipal securities may have more liquidity risk than other fixed-income securities because they trade less frequently and the market for municipal securities is generally smaller than many other markets. </FONT></P>
<P STYLE="margin-top:10px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2"><B>Derivatives Risk</B>&#151;The Fund may enter into derivative transactions such as forwards, options, futures and swaps. Derivatives may be illiquid, difficult
to price, and leveraged so that small changes may produce disproportionate losses, and may be subject to counterparty risk to a greater degree than more traditional investments. Derivatives may result in significant losses, including losses that are
far greater than the value of the derivatives reflected on the statement of assets and liabilities. </FONT></P> <P STYLE="margin-top:10px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2"><B>Financing and Related Transactions; Leverage and
Other Risks</B>&#151;The Fund utilizes leverage to seek to enhance the yield and net asset value attributable to its common stock. These objectives may not be achieved in all interest rate environments. Leverage creates certain risks for holders of
common stock, including the likelihood of greater volatility of the net asset value and market price of the common stock. If income from the securities purchased from the funds made available by leverage is not sufficient to cover the cost of
leverage, the Fund&#146;s return will be less than if leverage had not been used. As a result, the amounts available for distribution to common stockholders as dividends and other distributions will be reduced. During periods of rising short-term
interest rates, the interest paid on the preferred shares or floaters in tender option bond transactions would increase, which may adversely affect the Fund&#146;s income and distribution to common stockholders. A decline in distributions would
adversely affect the </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE">

<TR>
<TD WIDTH="81%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="14%"></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>42&nbsp;&nbsp;&nbsp;&nbsp;<SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex">|</SUP>&nbsp;&nbsp;&nbsp;&nbsp;ALLIANCEBERNSTEIN NATIONAL MUNICIPAL INCOME
FUND</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>abfunds.com</B></FONT></TD></TR></TABLE>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="line-height:0px;margin-top:0px;margin-bottom:2px;border-bottom:0.3pt solid #6a86b8">&nbsp;</P>
<P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2" COLOR="#6a86b8"><B>NOTES TO FINANCIAL STATEMENTS </B>(continued)<B> </B></FONT></P> <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">Fund&#146;s yield and possibly the market value of its shares. If rising short-term rates coincide with a period of rising long-term rates, the value of the
long-term municipal bonds purchased with the proceeds of leverage would decline, adversely affecting the net asset value attributable to the Fund&#146;s common stock and possibly the market value of the shares. </FONT></P>
<P STYLE="margin-top:10px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">The Fund&#146;s outstanding APS and VMTPS result in leverage. The Fund may also use other types of financial leverage, including tender option bond transactions,
either in combination with, or in lieu of, the preferred shares. In a tender option bond transaction, the Fund may transfer a highly rated fixed-rate municipal security to a broker, which, in turn, deposits the bond into a special purpose vehicle
(typically, a trust) usually sponsored by the broker. The Fund receives cash and a residual interest security (sometimes referred to as an &#147;inverse floater&#148;) issued by the trust in return. The trust simultaneously issues securities, which
pay an interest rate that is reset each week based on an index of high-grade short-term <FONT STYLE="white-space:nowrap">seven-day</FONT> demand notes. These securities, sometimes referred to as &#147;floaters&#148;, are bought by third parties,
including <FONT STYLE="white-space:nowrap">tax-exempt</FONT> money market funds, and can be tendered by these holders to a liquidity provider at par, unless certain events occur. The Fund continues to earn all the interest from the transferred bond
less the amount of interest paid on the floaters and the expenses of the trust, which include payments to the trustee and the liquidity provider and organizational costs. The Fund also uses the cash received from the transaction for investment
purposes or to retire other forms of leverage. Under certain circumstances, the trust may be terminated and collapsed, either by the Fund or upon the occurrence of certain events, such as a downgrade in the credit quality of the underlying bond, or
in the event holders of the floaters tender their securities to the liquidity provider. See Note H to the financial statements for more information about tender option bond transactions. </FONT></P> <P STYLE="margin-top:10px;margin-bottom:0px"><FONT
STYLE="font-family:ARIAL" SIZE="2">The use of derivative instruments by the Fund, such as forwards, futures, options and swaps, may also result in a form of leverage. </FONT></P> <P STYLE="margin-top:10px;margin-bottom:0px"><FONT
STYLE="font-family:ARIAL" SIZE="2">Because the advisory fees received by the Adviser are based on the total net assets of the Fund (including assets supported by the proceeds of the Fund&#146;s outstanding preferred shares), the Adviser has a
financial incentive for the Fund to keep its preferred shares outstanding, which may create a conflict of interest between the Adviser and the common shareholders of the Fund. </FONT></P> <P STYLE="margin-top:10px;margin-bottom:0px"><FONT
STYLE="font-family:ARIAL" SIZE="2"><B>Indemnification Risk</B>&#151;In the ordinary course of business, the Fund enters into contracts that contain a variety of indemnifications. The Fund&#146;s maximum exposure under these arrangements is unknown.
However, the </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE">

<TR>
<TD WIDTH="14%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="83%"></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>abfunds.com</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>ALLIANCEBERNSTEIN NATIONAL MUNICIPAL INCOME
FUND&nbsp;&nbsp;&nbsp;&nbsp;<SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex">|</SUP>&nbsp;&nbsp;&nbsp;&nbsp;43</B></FONT></TD></TR></TABLE>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="line-height:0px;margin-top:0px;margin-bottom:2px;border-bottom:0.3pt solid #6a86b8">&nbsp;</P>
<P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2" COLOR="#6a86b8"><B>NOTES TO FINANCIAL STATEMENTS </B>(continued)<B> </B></FONT></P> <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">Fund has not had prior claims or losses pursuant to these indemnification provisions and expects the risk of loss thereunder to be remote. Therefore, the Fund has
not accrued any liability in connection with these indemnification provisions. </FONT></P> <P STYLE="margin-top:10px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2" COLOR="#6a86b8"><B>NOTE H </B></FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2" COLOR="#6a86b8"><B>Floating Rate Notes Issued in Connection&nbsp;with Securities Held </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT
STYLE="font-family:ARIAL" SIZE="2">The Fund may engage in tender option bond (&#147;TOB&#148;) transactions in which the Fund transfers a fixed rate bond (&#147;Fixed Rate Bond&#148;) to a broker for cash. The broker deposits the Fixed Rate Bond
into a Special Purpose Vehicle (the &#147;SPV&#148;, which is generally organized as a trust), organized by the broker. The Fund buys a residual interest in the assets and cash flows of the SPV, often referred to as an inverse floating rate
obligation (&#147;Inverse Floater&#148;). The SPV also issues floating rate notes (&#147;Floating Rate Notes&#148;) which are sold to third parties. The Floating Rate Notes pay interest at rates that generally reset weekly and their holders have the
option to tender their notes to a liquidity provider for redemption at par. The Inverse Floater held by the Fund gives the Fund the right (1)&nbsp;to cause the holders of the Floating Rate Notes to tender their notes at par, and (2)&nbsp;to have the
trustee transfer the Fixed Rate Bond held by the SPV to the Fund, thereby collapsing the SPV. The SPV may also be collapsed in certain other circumstances. In accordance with U.S. GAAP requirements regarding accounting for transfers and servicing of
financial assets and extinguishments of liabilities, the Fund accounts for the transaction described above as a secured borrowing by including the Fixed Rate Bond in its portfolio of investments and the Floating Rate Notes as a liability under the
caption &#147;Payable for floating rate notes issued&#148; in its statement of assets and liabilities. Interest expense related to the Fund&#146;s liability with respect to Floating Rate Notes is recorded as incurred. The interest expense is also
included in the Fund&#146;s expense ratio. At April&nbsp;30, 2017, the amount of the Fund&#146;s Floating Rate&nbsp;Notes outstanding was $30,995,000 and the related interest rate was 0.98%. For the six months ended April&nbsp;30, 2017, the average
amount of Floating Rate Notes outstanding and the daily weighted average interest rate were $30,995,000 and 1.41%, respectively. </FONT></P> <P STYLE="margin-top:10px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">The Fund may also
purchase Inverse Floaters in the secondary market without first owning the underlying bond. Such an Inverse Floater is included in the Fund&#146;s portfolio of investments but is not required to be treated as a secured borrowing and reflected in the
Fund&#146;s financial statements as a secured borrowing. For the six months ended April&nbsp;30, 2017, the Fund did not engage in such transactions. </FONT></P>
<P STYLE="margin-top:10px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">The final rules implementing section 619 of the Dodd-Frank Wall Street Reform and Consumer Protection Act (the &#147;Volcker Rule&#148;) were issued on
</FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE">

<TR>
<TD WIDTH="81%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="14%"></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>44&nbsp;&nbsp;&nbsp;&nbsp;<SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex">|</SUP>&nbsp;&nbsp;&nbsp;&nbsp;ALLIANCEBERNSTEIN NATIONAL MUNICIPAL INCOME
FUND</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>abfunds.com</B></FONT></TD></TR></TABLE>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="line-height:0px;margin-top:0px;margin-bottom:2px;border-bottom:0.3pt solid #6a86b8">&nbsp;</P>
<P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2" COLOR="#6a86b8"><B>NOTES TO FINANCIAL STATEMENTS </B>(continued)<B> </B></FONT></P> <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">December&nbsp;10, 2013. The Volcker Rule precludes banking entities and their affiliates from (i)&nbsp;sponsoring residual interest bond programs, such as the
Fund&#146;s TOB transactions (as such programs were then previously or are presently structured), and (ii)&nbsp;continuing certain relationships with or certain services for residual interest bond programs. As a result, such residual interest bond
trusts need to be restructured or unwound. The effects of the Volcker Rule may make it more difficult for the Fund to maintain current or desired levels of leverage and may cause the Fund to incur additional expenses to maintain its leverage.
Banking entities subject to the Volcker Rule were required to comply by July&nbsp;21, 2015 for TOBs established after December&nbsp;31, 2013, and by July&nbsp;21, 2017 for TOBs established prior to December&nbsp;31, 2013. </FONT></P>
<P STYLE="margin-top:10px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2" COLOR="#6a86b8"><B>NOTE I </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2" COLOR="#6a86b8"><B>Other
</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">In October 2016, the U.S. Securities and Exchange Commission adopted new rules and amended existing rules (together, &#147;final rules&#148;)
intended to modernize the reporting and disclosure of information by registered investment companies. In part, the final rules amend Regulation <FONT STYLE="white-space:nowrap">S-X</FONT> and require standardized, enhanced disclosure about
derivatives in investment company financial statements, as well as other amendments. The compliance date for the amendments to Regulation <FONT STYLE="white-space:nowrap">S-X</FONT> is August&nbsp;1, 2017. Management is currently evaluating the
impact that the adoption of the amendments to Regulation <FONT STYLE="white-space:nowrap">S-X</FONT> will have on the financial statements and related disclosures. </FONT></P> <P STYLE="margin-top:10px;margin-bottom:0px"><FONT
STYLE="font-family:ARIAL" SIZE="2" COLOR="#6a86b8"><B>NOTE J </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2" COLOR="#6a86b8"><B>Recent Accounting Pronouncements </B></FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">In March 2017, the Financial Accounting Standards Board issued an Accounting Standards Update, ASU <FONT STYLE="white-space:nowrap">2017-08,</FONT>
Receivables&#151;Nonrefundable Fees and Other Costs (Subtopic <FONT STYLE="white-space:nowrap">310-20),</FONT> Premium Amortization on Purchased Callable Debt Securities (the &#147;ASU&#148;) which amends the amortization period for certain
purchased callable debt securities held at a premium, shortening such period to the earliest call date. The ASU does not require any accounting change for debt securities held at a discount; the discount continues to be amortized to maturity. The
ASU is effective for fiscal years, and interim periods within those fiscal years, beginning after December&nbsp;15, 2018. At this time, management is evaluating the implications of these changes on the financial statements. </FONT></P>
<P STYLE="margin-top:10px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2" COLOR="#6a86b8"><B>NOTE K </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2" COLOR="#6a86b8"><B>Subsequent Events
</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">Management has evaluated subsequent events for possible recognition or disclosure in the financial statements through the date the financial
statements are issued. Management has determined that there are no material events that would require disclosure in the Fund&#146;s financial statements through this date. </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE">

<TR>
<TD WIDTH="14%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="83%"></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>abfunds.com</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>ALLIANCEBERNSTEIN NATIONAL MUNICIPAL INCOME
FUND&nbsp;&nbsp;&nbsp;&nbsp;<SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex">|</SUP>&nbsp;&nbsp;&nbsp;&nbsp;45</B></FONT></TD></TR></TABLE>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="line-height:0px;margin-top:0px;margin-bottom:2px;border-bottom:0.3pt solid #6a86b8">&nbsp;</P>
<P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2" COLOR="#6a86b8"><B>FINANCIAL HIGHLIGHTS </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>Selected Data For A
Share Of Common Stock Outstanding Throughout Each Period </B></FONT></P> <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE">


<TR>
<TD WIDTH="47%"></TD>
<TD VALIGN="bottom"></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD VALIGN="bottom"></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD VALIGN="bottom"></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD VALIGN="bottom"></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD VALIGN="bottom"></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ROWSPAN="2" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>Six Months<BR>Ended<BR>April&nbsp;30,<BR>2017<BR>(unaudited)</B></FONT></TD>
<TD VALIGN="bottom" ROWSPAN="2"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="18" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>Year Ended October&nbsp;31,</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>2016</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>2015</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>2014</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>2013</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>2012</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>


<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Net asset value, beginning of period</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">$&nbsp;&nbsp;15.36</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">$&nbsp;&nbsp;14.87</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">$&nbsp;&nbsp;14.79</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">$&nbsp;&nbsp;13.73</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">$&nbsp;&nbsp;15.24</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">$&nbsp;&nbsp;14.26</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD COLSPAN="21" VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1" COLOR="#6a86b8"><B>Income From Investment Operations</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Net investment income<SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex">(a)</SUP></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1"><SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex"></SUP><SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex"></SUP>&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">.33<SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex"></SUP><SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex"></SUP></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1"><SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex">(b)</SUP><SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex">&#134;</SUP>&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1"><SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex"></SUP>&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">.71<SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex"></SUP></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1"><SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex">(b)</SUP>&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">.81</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">.85</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">.82</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">.95</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Net realized and unrealized gain (loss) on investment transactions</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">(.64</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">)&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">.52</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">(.21</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">)&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">1.09</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">(1.42</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">)&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">.98</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Dividends to auction preferred shareholders from net investment income (common stock equivalent basis)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">(.02</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">)&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">(.02</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">)&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">(.01</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">)&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">(.01</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">)&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">(.02</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">)&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">(.02</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">)&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD COLSPAN="21" VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Net increase (decrease) in net asset value from operations</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">(.33</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">)&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">1.21</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">.59</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">1.93</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">(.62</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">)&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">1.91</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD COLSPAN="21" VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1" COLOR="#6a86b8"><B>Less: Dividends and Distributions to Common Shareholders from</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Net investment income</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">(.32</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">)&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">(.69</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">)&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">(.81</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">)&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">(.84</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">)&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">(.89</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">)&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">(.93</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">)&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Return of capital</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">&#150;&nbsp;0</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;&#150;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">(.03</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">)&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">(.01</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">)&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">(.03</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">)&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">&#150;&nbsp;0</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;&#150;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">&#150;&nbsp;0</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;&#150;&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD COLSPAN="21" VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Total dividends and distributions</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">(.32</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">)&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">(.72</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">)&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">(.82</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">)&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">(.87</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">)&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">(.89</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">)&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">(.93</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">)&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD COLSPAN="21" VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Net increase from tender and repurchase of Auction Preferred Shares</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">&#150;&nbsp;0</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;&#150;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">&#150;&nbsp;0</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;&#150;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">.31</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">&#150;&nbsp;0</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;&#150;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">&#150;&nbsp;0</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;&#150;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">&#150;&nbsp;0</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;&#150;&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD COLSPAN="21" VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Net asset value, end of period</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>$&nbsp;&nbsp;14.71</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>$&nbsp;&nbsp;15.36</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>$&nbsp;&nbsp;14.87</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>$&nbsp;&nbsp;14.79</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>$&nbsp;&nbsp;13.73</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>$&nbsp;&nbsp;15.24</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>&nbsp;</B></FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD COLSPAN="21" VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Market value, end of period</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>$&nbsp;&nbsp;13.60</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>$&nbsp;&nbsp;13.86</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>$&nbsp;&nbsp;13.55</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>$&nbsp;&nbsp;14.04</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>$&nbsp;&nbsp;12.95</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>$&nbsp;&nbsp;16.16</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>&nbsp;</B></FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD COLSPAN="21" VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Premium/(Discount), end of period</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">(7.55</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">)%&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">(9.77</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">)%&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">(8.88</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">)%&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">(5.07</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">)%&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">(5.68</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">)%&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">6.04</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;%&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1" COLOR="#6a86b8"><B>Total Return</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Total investment return based on:<SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex">(c)</SUP></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Market value</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">.54</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;%&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">7.57</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;%&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">2.52</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;%&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">15.72</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;%&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">(14.62</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">)%&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">23.57</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;%&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Net asset value</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1"><SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex"></SUP>&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">(1.88<SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex"></SUP></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">)%<SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex">&#134;</SUP>&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">8.63</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;%&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1"><SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex"></SUP>&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">6.80<SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex"></SUP></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;%<SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex">(d)</SUP>&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">14.98</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;%&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">(4.01</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">)%&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">13.76</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;%&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1" COLOR="#6a86b8"><B>Ratios/Supplemental Data</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Net assets applicable to common shareholders, end of period<BR>(000&#146;s omitted)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">$422,899</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">$441,514</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">$427,527</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">$425,079</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">$394,775</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">$437,749</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Auction Preferred Shares:</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Liquidation value ($25,000 per share)<BR>(000&#146;s omitted)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">$92,125</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">$92,125</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">$92,125</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">$242,225</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">$242,225</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">$242,225</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Asset coverage per share</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">$70,332</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">$72,327</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">$70,828</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">$68,750</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">$65,750</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">$70,250</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Variable Rate MuniFund Term Preferred Shares:</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Liquidation value ($25,000 per share)<BR>(000&#146;&#145;s omitted)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">$141,100</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">$141,100</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">$141,100</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">N/A</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">N/A</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">N/A</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Asset coverage per share</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">$70,332</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">$72,327</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">$70,828</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">N/A</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">N/A</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">N/A</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Ratio to average net assets applicable to common shareholders of:</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Expenses, net of waivers/reimbursements<SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex">(e)(f)</SUP></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1"><SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex"></SUP>&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">1.37<SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex"></SUP></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;%<SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex">^</SUP>&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">1.59</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;%&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">1.16</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;%&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">1.17</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;%&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">1.11</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;%&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">1.10</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;%&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Expenses, before waivers/reimbursements<SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex">(e)(f)</SUP></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1"><SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex"></SUP>&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">1.37<SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex"></SUP></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;%<SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex">^</SUP>&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">1.59</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;%&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">1.16</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;%&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">1.17</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;%&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">1.11</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;%&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">1.10</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;%&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Net investment income, before Auction Preferred Shares
dividends<SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex">(e)</SUP></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1"><SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex"></SUP><SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex"></SUP>&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">3.78<SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex"></SUP><SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex"></SUP></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;%<SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex">(b)^</SUP><SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex">&#134;</SUP>&nbsp;
</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1"><SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex"></SUP>&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">4.60<SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex"></SUP></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;%<SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex">(b)</SUP>&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">5.56</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;%&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">6.03</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;%&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">5.63</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;%&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">6.42</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;%&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Auction Preferred Shares dividends</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">.20</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;%&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">.13</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;%&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">.06</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;%&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">.06</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;%&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">.11</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;%&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">.14</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;%&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Net investment income, net of Auction Preferred Shares dividends</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1"><SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex"></SUP><SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex"></SUP>&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">3.58<SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex"></SUP><SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex"></SUP></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;%<SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex">(b)^</SUP><SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex">&#134;</SUP>&nbsp;
</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1"><SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex"></SUP>&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">4.47<SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex"></SUP></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;%<SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex">(b)</SUP>&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">5.50</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;%&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">5.97</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;%&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">5.52</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;%&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">6.28</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;%&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Portfolio turnover rate</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">8</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;%&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">14</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;%&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">24</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;%&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">26</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;%&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">41</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;%&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">28</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;%&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Asset coverage ratio</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">281</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;%&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">289</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;%&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">283</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;%&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">275</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;%&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">263</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;%&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">281</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;%&nbsp;</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:8px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="1">See footnote summary on page 47. </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE">

<TR>
<TD WIDTH="81%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="14%"></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>46&nbsp;&nbsp;&nbsp;&nbsp;<SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex">|</SUP>&nbsp;&nbsp;&nbsp;&nbsp;ALLIANCEBERNSTEIN NATIONAL MUNICIPAL INCOME
FUND</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>abfunds.com</B></FONT></TD></TR></TABLE>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="line-height:0px;margin-top:0px;margin-bottom:2px;border-bottom:0.3pt solid #6a86b8">&nbsp;</P>
<P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2" COLOR="#6a86b8"><B>FINANCIAL HIGHLIGHTS </B>(continued)<B> </B></FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>Selected Data For A Share Of Common Stock Outstanding Throughout Each Period </B></FONT></P>
<p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="font-size:4px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="1%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="1">(a)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">Based on average shares outstanding. </FONT></TD></TR></TABLE> <P STYLE="font-size:2px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="1%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="1">(b)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">Net of fees waived by the Adviser. </FONT></TD></TR></TABLE> <P STYLE="font-size:2px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="1%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="1">(c)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">Total investment return is calculated assuming a purchase of common stock on the opening of the first day and a sale on the closing of the last day of each period reported.
Dividends and distributions, if any, are assumed for purposes of this calculation, to be reinvested at prices obtained under the Fund&#146;s dividend reinvestment plan. Generally, total investment return based on net asset value will be higher than
total investment return based on market value in periods where there is an increase in the discount or a decrease in the premium of the market value to the net asset value from the beginning to the end of such periods. Conversely, total investment
return based on net asset value will be lower than total investment return based on market value in periods where there is a decrease in the discount or an increase in the premium of the market value to the net asset value from the beginning to the
end of such periods. Total investment return calculated for a period of less than one year is not annualized. </FONT></TD></TR></TABLE> <P STYLE="font-size:2px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="1%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="1">(d)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">The total return based on net asset value reflects the impact of the tender and repurchase by the Fund of a portion of its Auction Preferred Shares at 94% of the per share
liquidation preference. Absent this transaction, the total return based on net asset values would have been 4.57%. </FONT></TD></TR></TABLE> <P STYLE="font-size:2px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="1%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="1">(e)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">These expense and net investment income ratios do not reflect the effect of dividend payments to preferred shareholders. </FONT></TD></TR></TABLE>
<P STYLE="font-size:2px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="1%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="1">(f)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">The expense ratios presented below exclude interest expense: </FONT></TD></TR></TABLE> <P STYLE="font-size:10px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE">


<TR>
<TD WIDTH="37%"></TD>
<TD VALIGN="bottom"></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="7%"></TD>
<TD VALIGN="bottom"></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="7%"></TD>
<TD VALIGN="bottom"></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="7%"></TD>
<TD VALIGN="bottom"></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="7%"></TD>
<TD VALIGN="bottom"></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="7%"></TD>
<TD VALIGN="bottom"></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="7%"></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ROWSPAN="2" ALIGN="right"> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>Six Months<BR>Ended<BR>April 30,<BR>2017</B></FONT></P>
<P STYLE="margin-top:0px;margin-bottom:1px" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>(unaudited)</B></FONT></P></TD>
<TD VALIGN="bottom" ROWSPAN="2"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="18" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>Year Ended October 31,</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>2016</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>2015</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>2014</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>2013</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>2012</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>


<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD COLSPAN="21" VALIGN="bottom"> <P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Net of waivers</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">.81</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">%^&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">.96</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">%&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">1.01</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">%&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">1.04</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">%&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">1.02</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">%&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">1.00</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">%&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Before waivers</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">.81</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">%^&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">.96</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">%&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">1.01</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">%&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">1.04</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">%&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">1.02</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">%&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">1.00</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">%&nbsp;</FONT></TD></TR>
</TABLE> <P STYLE="font-size:4px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="1%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="1">&#134;</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">For the six months ended April 30, 2017 the amount includes a refund for overbilling of prior years' custody out of pocket fees as follows: </FONT></TD></TR></TABLE>
<P STYLE="font-size:10px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE" ALIGN="center">


<TR>
<TD WIDTH="33%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="30%"></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD WIDTH="31%"></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1px solid #000000"> <P STYLE="margin-top:0px;margin-bottom:1px" ALIGN="center"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>Net&nbsp;Investment<BR>Income&nbsp;Per&nbsp;Share</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1px solid #000000"> <P STYLE="margin-top:0px;margin-bottom:1px" ALIGN="center"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>Net&nbsp;Investment<BR>Income&nbsp;Ratio</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1px solid #000000"> <P STYLE="margin-top:0px;margin-bottom:1px" ALIGN="center"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>Total<BR>Return</B></FONT></P></TD></TR>


<TR STYLE="page-break-inside:avoid">
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="font-family:ARIAL" SIZE="1">$ .001</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="font-family:ARIAL" SIZE="1">.01%</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="font-family:ARIAL" SIZE="1">.01%</FONT></TD></TR>
</TABLE> <P STYLE="font-size:4px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="1%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="1">^</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">Annualized. </FONT></TD></TR></TABLE> <P STYLE="margin-top:4px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="1">See notes to financial statements. </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE">

<TR>
<TD WIDTH="14%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="83%"></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>abfunds.com</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>ALLIANCEBERNSTEIN NATIONAL MUNICIPAL INCOME
FUND&nbsp;&nbsp;&nbsp;&nbsp;<SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex">|</SUP>&nbsp;&nbsp;&nbsp;&nbsp;47</B></FONT></TD></TR></TABLE>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="line-height:0px;margin-top:0px;margin-bottom:2px;border-bottom:0.3pt solid #6a86b8">&nbsp;</P>
<P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2" COLOR="#6a86b8"><B>ADDITIONAL INFORMATION </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="1"><B></B>(unaudited)<B>
</B></FONT></P> <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">Shareholders whose shares are registered in their own names can elect
to participate in the Dividend Reinvestment Plan (the &#147;Plan&#148;), pursuant to which dividends and capital gain distributions to shareholders will be paid in or reinvested in additional shares of the Fund (the &#147;Dividend Shares&#148;).
Computershare Trust Company NA, (the &#147;Agent&#148;) will act as agent for participants under the Plan. Shareholders whose shares are held in the name of broker or nominee should contact such broker or nominee to determine whether or how they may
participate in the Plan. </FONT></P> <P STYLE="margin-top:10px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">If the Board declares an income distribution or determines to make a capital gain distribution payable either in shares or in
cash, non-participants in the Plan will receive cash and participants in the Plan will receive the equivalent in shares of Common Stock of the Fund valued as follows: </FONT></P> <P STYLE="font-size:10px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="2">(i)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="2">If the shares of Common Stock are trading at net asset value or at a premium above net asset value at the time of valuation, the Fund will issue new shares at the greater of net
asset value or 95% of the then current market price. </FONT></TD></TR></TABLE> <P STYLE="font-size:4px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="2">(ii)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="2">If the shares of Common Stock are trading at a discount from net asset value at the time of valuation, the Agent will receive the dividend or distribution in cash and apply it to
the purchase of the Fund&#146;s shares of Common Stock in the open market on the New York Stock Exchange or elsewhere, for the participants&#146; accounts. Such purchases will be made on or shortly after the payment date for such dividend or
distribution and in no event more than 30 days after such date except where temporary curtailment or suspension of purchase is necessary to comply with Federal securities laws. If, before the Agent has completed its purchases, the market price
exceeds the net asset value of a share of Common Stock, the average purchase price per share paid by the Agent may exceed the net asset value of the Fund&#146;s shares of Common Stock, resulting in the acquisition of fewer shares than if the
dividend or distribution had been paid in shares issued by the Fund. </FONT></TD></TR></TABLE> <P STYLE="margin-top:10px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">The Agent will maintain all shareholders&#146; accounts in the Plan
and furnish written confirmation of all transactions in the account, including information needed by shareholders for tax records. Shares in the account of each Plan participant will be held by the Agent in non-certificate form in the name of the
participant, and each shareholder&#146;s proxy will include those shares purchased or received pursuant to the Plan. </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE">

<TR>
<TD WIDTH="81%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="14%"></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>48&nbsp;&nbsp;&nbsp;&nbsp;<SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex">|</SUP>&nbsp;&nbsp;&nbsp;&nbsp;ALLIANCEBERNSTEIN NATIONAL MUNICIPAL INCOME
FUND</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>abfunds.com</B></FONT></TD></TR></TABLE>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="line-height:0px;margin-top:0px;margin-bottom:2px;border-bottom:0.3pt solid #6a86b8">&nbsp;</P>
<P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2" COLOR="#6a86b8"><B>ADDITIONAL INFORMATION </B>(continued)<B> </B></FONT></P> <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">There will be no charges with respect to shares issued directly by the Fund to satisfy the dividend reinvestment requirements. However, each participant will pay a
pro rata share of brokerage commissions incurred with respect to the Agent&#146;s open market purchases of shares. </FONT></P> <P STYLE="margin-top:10px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">The automatic reinvestment of
dividends and distributions will not relieve participants of any income taxes that may be payable (or required to be withheld) on dividends and distributions. </FONT></P> <P STYLE="margin-top:10px;margin-bottom:0px"><FONT
STYLE="font-family:ARIAL" SIZE="2">Experience under the Plan may indicate that changes are desirable. Accordingly, the Fund reserves the right to amend or terminate the Plan as applied to any dividend or distribution paid subsequent to written
notice of the change sent to participants in the Plan at least 90 days before the record date for such dividend or distribution. The Plan may also be amended or terminated by the Agent on at least 90 days&#146; written notice to participants in the
Plan. All correspondence concerning the Plan should be directed to the Agent at Computershare Trust Company N.A., P.O. Box 30170, College Station, TX 77842-3170. </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE">

<TR>
<TD WIDTH="14%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="83%"></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>abfunds.com</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>ALLIANCEBERNSTEIN NATIONAL MUNICIPAL INCOME
FUND&nbsp;&nbsp;&nbsp;&nbsp;<SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex">|</SUP>&nbsp;&nbsp;&nbsp;&nbsp;49</B></FONT></TD></TR></TABLE>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="line-height:0px;margin-top:0px;margin-bottom:2px;border-bottom:0.3pt solid #6a86b8">&nbsp;</P>
<P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2" COLOR="#6a86b8"><B>RESULTS OF STOCKHOLDER MEETING </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="1">(unaudited)
</FONT></P> <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">The Annual Meeting of Stockholders of Alliance National Municipal Income
Fund, Inc. (&#147;the Fund&#148;) was held on March&nbsp;29, 2017. A description of the proposal and number of shares voted at the Meeting are as follows: </FONT></P> <P STYLE="margin-top:10px;margin-bottom:0px"><FONT
STYLE="font-family:ARIAL" SIZE="2">To elect Directors for a term of three years and until his or her successor is duly elected and qualifies. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">Class Two
(term expires 2020) </FONT></P> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE" ALIGN="center">


<TR>
<TD WIDTH="69%"></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:2px solid #000000"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>Voted</B></FONT><br><FONT STYLE="font-family:ARIAL" SIZE="1"><B>For</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:2px solid #000000"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>Authority<BR>Withheld</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Common Shares:</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">William H. Foulk, Jr.</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">24,575,122</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">1,962,336</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Carol C. McMullen</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">25,153,298</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">1,384,160</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Robert M. Keith</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">25,237,351</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">1,300,107</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
</TABLE>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE">

<TR>
<TD WIDTH="81%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="14%"></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>50&nbsp;&nbsp;&nbsp;&nbsp;<SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex">|</SUP>&nbsp;&nbsp;&nbsp;&nbsp;ALLIANCEBERNSTEIN NATIONAL MUNICIPAL INCOME
FUND</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>abfunds.com</B></FONT></TD></TR></TABLE>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="line-height:0px;margin-top:0px;margin-bottom:2px;border-bottom:0.3pt solid #6a86b8">&nbsp;</P>
<P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2" COLOR="#6a86b8"><B>BOARD OF DIRECTORS </B></FONT></P> <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE" ALIGN="center">


<TR>
<TD WIDTH="51%"></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD WIDTH="46%"></TD></TR>


<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2"><B><FONT STYLE="font-family:ARIAL" SIZE="1"><SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex"></SUP></FONT>Marshall C. Turner,
Jr.,</B></FONT><FONT STYLE="font-family:arial" SIZE="2"><I></I></FONT><FONT STYLE="font-family:ARIAL" SIZE="2"></FONT><FONT STYLE="font-family:ARIAL" SIZE="1"><SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex">(1)</SUP></FONT><FONT
STYLE="font-family:ARIAL" SIZE="2"></FONT><FONT STYLE="font-family:arial" SIZE="2"><I></I></FONT><FONT STYLE="font-family:ARIAL" SIZE="2"><B> </B></FONT><FONT STYLE="font-family:arial" SIZE="2"><I>Chairman</I></FONT><FONT
STYLE="font-family:ARIAL" SIZE="2"><B></B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2"><B>John H. Dobkin</B></FONT><FONT STYLE="font-family:ARIAL" SIZE="1"><SUP
STYLE="vertical-align:baseline; position:relative; bottom:.8ex">(1)</SUP></FONT><FONT STYLE="font-family:ARIAL" SIZE="2"><B></B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2"><B>Michael J.
Downey</B></FONT><FONT STYLE="font-family:ARIAL" SIZE="1"><SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex">(1)</SUP></FONT><FONT STYLE="font-family:ARIAL" SIZE="2"><B></B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT
STYLE="font-family:ARIAL" SIZE="2"><B>William H. Foulk, Jr.<FONT STYLE="font-family:ARIAL" SIZE="1"><SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex"></SUP></FONT></B><FONT STYLE="font-family:ARIAL" SIZE="1"><SUP
STYLE="vertical-align:baseline; position:relative; bottom:.8ex">(1)<B></B></SUP><B><FONT STYLE="font-family:ARIAL" SIZE="2"></FONT></B></FONT></FONT></P> <P STYLE="margin-top:0px;margin-bottom:1px"><FONT STYLE="font-family:ARIAL" SIZE="2"><B>Nancy
P. Jacklin</B></FONT><FONT STYLE="font-family:ARIAL" SIZE="1"><SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex">(1)</SUP></FONT><FONT STYLE="font-family:ARIAL" SIZE="2"><B></B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2"><B>Robert M. Keith, </B></FONT><FONT STYLE="font-family:arial" SIZE="2"><I>President and Chief Executive Officer</I></FONT><FONT
STYLE="font-family:ARIAL" SIZE="2"><B></B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2"><B>Carol C. McMullen<FONT STYLE="font-family:ARIAL" SIZE="1"><SUP
STYLE="vertical-align:baseline; position:relative; bottom:.8ex"></SUP></FONT></B><FONT STYLE="font-family:ARIAL" SIZE="1"><SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex">(1)<B></B></SUP><B><FONT STYLE="font-family:ARIAL" SIZE="2">
</FONT></B></FONT></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2"><B>Garry L. Moody</B></FONT><FONT STYLE="font-family:ARIAL" SIZE="1"><SUP
STYLE="vertical-align:baseline; position:relative; bottom:.8ex">(1)</SUP></FONT><FONT STYLE="font-family:ARIAL" SIZE="2"><B></B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:1px"><FONT STYLE="font-family:ARIAL" SIZE="2"><B>Earl D.
Weiner</B></FONT><FONT STYLE="font-family:ARIAL" SIZE="1"><SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex">(1)</SUP></FONT><FONT STYLE="font-family:ARIAL" SIZE="2"><B></B></FONT></P></TD></TR>
</TABLE> <P STYLE="margin-top:30px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="3" COLOR="#6a86b8"><B>OFFICERS </B></FONT></P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE" ALIGN="center">


<TR>
<TD WIDTH="51%"></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD WIDTH="46%"></TD></TR>


<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2"><B>Philip L. Kirstein,<BR></B>Senior Vice President and Independent<B> </B>Compliance Officer<B></B></FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2"><B>Robert &#147;Guy&#148; B. Davidson
III,</B></FONT><FONT STYLE="font-family:ARIAL" SIZE="1"><SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex">(2)</SUP></FONT><FONT STYLE="font-family:ARIAL" SIZE="2"><B></B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT
STYLE="font-family:ARIAL" SIZE="2"><B></B>Senior Vice President<B></B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2"><B>Fred S. Cohen,</B></FONT><FONT STYLE="font-family:ARIAL" SIZE="1"><SUP
STYLE="vertical-align:baseline; position:relative; bottom:.8ex">(2)</SUP></FONT><FONT STYLE="font-family:ARIAL" SIZE="2"><B> </B>Vice President<B></B></FONT></P>
<P STYLE="margin-top:0px;margin-bottom:1px"><FONT STYLE="font-family:ARIAL" SIZE="2"><B>Terrance T. Hults,</B></FONT><FONT STYLE="font-family:ARIAL" SIZE="1"><SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex">(2)</SUP></FONT><FONT
STYLE="font-family:ARIAL" SIZE="2"><B> </B>Vice President<B></B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2"><B>Matthew J.
Norton,</B></FONT><FONT STYLE="font-family:ARIAL" SIZE="1"><SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex">(2)</SUP></FONT><FONT STYLE="font-family:ARIAL" SIZE="2"><B> </B>Vice&nbsp;President<B></B></FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2"><B>Emilie D. Wrapp, </B>Secretary<B></B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2"><B>Joseph J. Mantineo,
</B>Treasurer and Chief Financial Officer <B></B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2"><B>Phyllis J. Clarke, </B>Controller<B></B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:1px"><FONT
STYLE="font-family:ARIAL" SIZE="2"><B>Vincent S. Noto, </B>Chief Compliance Officer<B></B></FONT></P></TD></TR>
</TABLE> <P STYLE="font-size:28px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE" ALIGN="center">


<TR>
<TD WIDTH="51%"></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD WIDTH="46%"></TD></TR>


<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2" COLOR="#6a86b8"><B>Custodian and Accounting Agent</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT
STYLE="font-family:ARIAL" SIZE="2">State Street Bank&nbsp;and Trust Company</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">State Street Corporation CCB/5</FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">1 Iron&nbsp;Street</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">Boston, MA 02210</FONT></P>
<P STYLE="font-size:8px;margin-top:0px;margin-bottom:0px">&nbsp;</P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2" COLOR="#6a86b8"><B>Legal Counsel</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT
STYLE="font-family:ARIAL" SIZE="2">Seward&nbsp;&amp; Kissel LLP</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">One Battery Park Plaza</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT
STYLE="font-family:ARIAL" SIZE="2">New York, NY 10004</FONT></P> <P STYLE="font-size:8px;margin-top:0px;margin-bottom:0px">&nbsp;</P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2" COLOR="#6a86b8"><B>Preferred
Shares:</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2" COLOR="#6a86b8"><B>Dividend Paying Agent,</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT
STYLE="font-family:ARIAL" SIZE="2" COLOR="#6a86b8"><B>Transfer Agent and Registrar</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">The Bank of New York</FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">101 Barclay Street - 7W</FONT></P> <P STYLE="margin-top:0px;margin-bottom:1px"><FONT STYLE="font-family:ARIAL" SIZE="2">New York, NY 10286</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2" COLOR="#6a86b8"><B>Independent Registered Public</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT
STYLE="font-family:ARIAL" SIZE="2" COLOR="#6a86b8"><B>Accounting Firm</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">Ernst &amp; Young LLP</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT
STYLE="font-family:ARIAL" SIZE="2">5 Times Square</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">New York, NY 10036</FONT></P> <P STYLE="font-size:8px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2" COLOR="#6a86b8"><B>Common Stock:</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2" COLOR="#6a86b8"><B>Dividend
Paying Agent,</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2" COLOR="#6a86b8"><B>Transfer Agent and Registrar</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT
STYLE="font-family:ARIAL" SIZE="2">Computershare&nbsp;Trust&nbsp;Company,&nbsp;N.A.</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">P.O. Box 30170</FONT></P>
<P STYLE="margin-top:0px;margin-bottom:1px"><FONT STYLE="font-family:ARIAL" SIZE="2">College Station, TX 77842-3170</FONT></P></TD></TR>
</TABLE> <P STYLE="font-size:4px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="1%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="1">1</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">Member of the Audit Committee, the Governance and Nominating Committee and the Independent Directors Committee. </FONT></TD></TR></TABLE>
<P STYLE="font-size:4px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="1%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="1">2</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">The <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">day-to-day</FONT></FONT> management of, and investment decisions for, the Fund&#146;s portfolio are made by
the Municipal Bond Investment Team. The investment professionals with the most significant responsibility for the <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">day-to-day</FONT></FONT> management of the Fund&#146;s portfolio are:
Robert &#147;Guy&#148; B. Davidson III, Fred S. Cohen, Terrance T. Hults and<BR> Matthew J. Norton. </FONT></TD></TR></TABLE> <P STYLE="margin-top:3px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="1"><I>Notice is hereby given in
accordance with Section&nbsp;23(c) of the Investment Company Act of 1940 that the Fund may purchase at market prices from time-to-time shares of its Common Stock in the open market. </I></FONT></P> <P STYLE="margin-top:3px;margin-bottom:0px"><FONT
STYLE="font-family:ARIAL" SIZE="1"><I>This report, including the financial statements therein, is transmitted to the shareholders of AllianceBernstein National Municipal Income Fund for their information. This is not a prospectus, circular or
representation intended for use in the purchase of shares of the Fund or any securities mentioned in the report. </I></FONT></P> <P STYLE="margin-top:3px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="1"><I>Annual Certifications&#151;As
required, on April 29, 2016, the Fund submitted to the New York Stock Exchange (&#147;NYSE&#148;) the annual certification of the Fund&#146;s Chief Executive Officer certifying that he is not aware of any violation of the NYSE&#146;s Corporate
Governance listing standards. The Fund also has included the certifications of the Fund&#146;s Chief Executive Officer and Chief Financial Officer required by Section&nbsp;302 of the Sarbanes-Oxley Act of 2002 as exhibits to the Fund&#146;s Form <FONT
STYLE="white-space:nowrap">N-CSR</FONT> filed with the Securities and Exchange Commission for the period. </I></FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE">

<TR>
<TD WIDTH="14%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="83%"></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>abfunds.com</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>ALLIANCEBERNSTEIN NATIONAL MUNICIPAL INCOME
FUND&nbsp;&nbsp;&nbsp;&nbsp;<SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex">|</SUP>&nbsp;&nbsp;&nbsp;&nbsp;51</B></FONT></TD></TR></TABLE>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2"><B>Information Regarding the Review and Approval of the Fund&#146;s Advisory Agreement </B></FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">The disinterested directors (the &#147;directors&#148;) of AllianceBernstein National Municipal Income Fund, Inc. (the &#147;Fund&#148;) unanimously approved the
continuance of the Fund&#146;s Advisory Agreement with the Adviser at a meeting held on November&nbsp;1-3, 2016 (the &#147;Meeting&#148;). </FONT></P> <P STYLE="margin-top:10px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">Prior to
approval of the continuance of the Advisory Agreement, the directors had requested from the Adviser, and received and evaluated, extensive materials. They reviewed the proposed continuance of the Advisory Agreement with the Adviser and with
experienced counsel who are independent of the Adviser, who advised on the relevant legal standards. The directors also discussed the proposed continuance in private sessions with counsel and the Fund&#146;s Senior Officer (who is also the
Fund&#146;s Independent Compliance Officer). </FONT></P> <P STYLE="margin-top:10px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">The directors considered their knowledge of the nature and quality of the services provided by the Adviser
to the Fund gained from their experience as directors or trustees of most of the registered investment companies advised by the Adviser, their overall confidence in the Adviser&#146;s integrity and competence they have gained from that experience,
the Adviser&#146;s initiative in identifying and raising potential issues with the directors and its responsiveness, frankness and attention to concerns raised by the directors in the past, including the Adviser&#146;s willingness to consider and
implement organizational and operational changes designed to improve investment results and the services provided to the AB Funds. The directors noted that they have four regular meetings each year, at each of which they receive presentations from
the Adviser on the investment results of the Fund and review extensive materials and information presented by the Adviser. </FONT></P> <P STYLE="margin-top:10px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">The directors also
considered all other factors they believed relevant, including the specific matters discussed below. In their deliberations, the directors did not identify any particular information that was all-important or controlling, and different directors may
have attributed different weights to the various factors. The directors determined that the selection of the Adviser to manage the Fund and the overall arrangements between the Fund and the Adviser, as provided in the Advisory Agreement, including
the advisory fee, were fair and reasonable in light of the services performed, expenses incurred and such other matters as the directors considered relevant in the exercise of their business judgment. The material factors and conclusions that formed
the basis for the directors&#146; determinations included the following: </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2"><B>Nature, Extent and Quality of Services Provided </B></FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">The directors considered the scope and quality of services provided by the Adviser under the Advisory Agreement, including the quality of the
</FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE">

<TR>
<TD WIDTH="81%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="14%"></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>52&nbsp;&nbsp;&nbsp;&nbsp;<SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex">|</SUP>&nbsp;&nbsp;&nbsp;&nbsp;ALLIANCEBERNSTEIN NATIONAL MUNICIPAL INCOME
FUND</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>abfunds.com</B></FONT></TD></TR></TABLE>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">
investment research capabilities of the Adviser and the other resources it has dedicated to performing services for the Fund. They also noted the professional experience and qualifications of the
Fund&#146;s portfolio management team and other senior personnel of the Adviser. The directors also considered that the Advisory Agreement provides that the Fund will reimburse the Adviser for the cost to it of providing certain clerical,
accounting, administrative and other services to the Fund by employees of the Adviser or its affiliates. Requests for these reimbursements are made on a quarterly basis and subject to approval by the directors. Reimbursements, to the extent
requested and paid, result in a higher rate of total compensation from the Fund to the Adviser than the fee rate stated in the Fund&#146;s Advisory Agreement. The directors noted that the methodology used to determine the reimbursement amounts had
been reviewed by an independent consultant retained by the Fund&#146;s Senior Officer. The quality of administrative and other services, including the Adviser&#146;s role in coordinating the activities of the Fund&#146;s other service providers,
also was considered. The directors concluded that, overall, they were satisfied with the nature, extent and quality of services provided to the Fund under the Advisory Agreement. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT
STYLE="font-family:ARIAL" SIZE="2"><B>Costs of Services Provided and Profitability </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">The directors reviewed a schedule of the revenues and expenses
and related notes indicating the profitability of the Fund to the Adviser for calendar years 2014 and 2015 that had been prepared with an expense allocation methodology arrived at in consultation with an independent consultant retained by the
Fund&#146;s Senior Officer. The directors noted the assumptions and methods of allocation used by the Adviser in preparing fund-specific profitability data and understood that there are a number of potentially acceptable allocation methodologies for
information of this type. The directors noted that the profitability information reflected all revenues and expenses of the Adviser&#146;s relationship with the Fund, including those relating to its subsidiary that provides shareholder services to
the Fund. The directors recognized that it is difficult to make comparisons of the profitability of the Advisory Agreement with the profitability of fund advisory contracts for unaffiliated funds because comparative information is not generally
publicly available and is affected by numerous factors. The directors focused on the profitability of the Adviser&#146;s relationship with the Fund before taxes. The directors concluded that the Adviser&#146;s level of profitability from its
relationship with the Fund was not unreasonable. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2"><B>Fall-Out Benefits </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT
STYLE="font-family:ARIAL" SIZE="2">The directors considered the other benefits to the Adviser and its affiliates from their relationships with the Fund, including, but not limited to, benefits relating to shareholder servicing fees paid by the Fund
to a wholly owned subsidiary of the Adviser. The directors recognized that the Adviser&#146;s profitability would be somewhat lower without these benefits. The directors </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE">

<TR>
<TD WIDTH="14%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="83%"></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>abfunds.com</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>ALLIANCEBERNSTEIN NATIONAL MUNICIPAL INCOME
FUND&nbsp;&nbsp;&nbsp;&nbsp;<SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex">|</SUP>&nbsp;&nbsp;&nbsp;&nbsp;53</B></FONT></TD></TR></TABLE>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">
understood that the Adviser also might derive reputational and other benefits from its association with the Fund. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT
STYLE="font-family:ARIAL" SIZE="2"><B>Investment Results </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">In addition to the information reviewed by the directors in connection with the Meeting,
the directors receive detailed performance information for the Fund at each regular Board meeting during the year. </FONT></P> <P STYLE="margin-top:10px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">At the Meeting, the directors
reviewed information prepared by Broadridge Financial Solutions, Inc. (&#147;Broadridge&#148;), an analytical service that is not affiliated with the Adviser, showing the Fund&#146;s performance against a peer group selected by Broadridge, and
information prepared by the Adviser showing the Fund&#146;s performance against a broad-based securities market index, in each case for the 1-, 3-, 5- and 10-year periods ended July&nbsp;31, 2016 and (in the case of comparisons with the broad-based
securities market index) for the period from inception. Based on their review, the directors concluded that the Fund&#146;s investment performance was acceptable. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT
STYLE="font-family:ARIAL" SIZE="2"><B>Advisory Fees and Other Expenses </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">The directors considered the latest fiscal year actual advisory fee rate paid
by the Fund to the Adviser and information prepared by Broadridge concerning advisory fee rates paid by other funds in the same Broadridge category as the Fund. The directors recognized that it is difficult to make comparisons of advisory fees
because there are variations in the services that are included in the fees paid by other funds. The directors compared the Fund&#146;s latest fiscal year actual advisory fee rate with a peer group median and a peer universe median. </FONT></P>
<P STYLE="margin-top:10px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">The directors noted that Broadridge calculates the fee rate based on the Fund&#146;s net assets attributable to common stockholders, whereas the Fund&#146;s
Advisory Agreement provides that fees are computed based on average daily net assets (<I>i.e.</I>, including assets supported by the Fund&#146;s preferred stock), which results in a lower stated fee rate. </FONT></P>
<P STYLE="margin-top:10px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">The directors also compared the Fund&#146;s contractual advisory fee rate with the fee rates charged by the Adviser for advising several open-end funds that invest
in municipal securities and noted historical differences in their fee structures. </FONT></P> <P STYLE="margin-top:10px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">The Adviser informed the directors that there were no institutional
products managed by it that have a substantially similar investment style. </FONT></P> <P STYLE="margin-top:10px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">The directors also considered the total expense ratio of the Fund in
comparison to a peer group and a peer universe selected by Broadridge. The expense ratio of the Fund was based on the Fund&#146;s latest fiscal year. The </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE">

<TR>
<TD WIDTH="81%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="14%"></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>54&nbsp;&nbsp;&nbsp;&nbsp;<SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex">|</SUP>&nbsp;&nbsp;&nbsp;&nbsp;ALLIANCEBERNSTEIN NATIONAL MUNICIPAL INCOME
FUND</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>abfunds.com</B></FONT></TD></TR></TABLE>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">
directors noted that it was likely that the expense ratios of some of the other funds in the Fund&#146;s Broadridge category were lowered by waivers or reimbursements by those funds&#146;
investment advisers, which in some cases might be voluntary or temporary. The directors view expense ratio information as relevant to their evaluation of the Adviser&#146;s services because the Adviser is responsible for coordinating services
provided to the Fund by others. Based on their review, the directors concluded that the Fund&#146;s expense ratio was acceptable. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2"><B>Economies of Scale
</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">The advisory fee schedule for the Fund does not contain breakpoints that reduce the fee rates on assets above specified levels. The directors
considered that the Fund is a closed-end fixed-income fund and that it was not expected to have meaningful asset growth (absent a rights offering or an acquisition). In such circumstances, the directors did not view the potential for realization of
economies of scale as the Fund&#146;s assets grow to be a material factor in their deliberations. They noted that, if the Fund&#146;s net assets were to increase materially, they would review whether potential economies of scale were being realized.
</FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE">

<TR>
<TD WIDTH="14%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="83%"></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>abfunds.com</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>ALLIANCEBERNSTEIN NATIONAL MUNICIPAL INCOME
FUND&nbsp;&nbsp;&nbsp;&nbsp;<SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex">|</SUP>&nbsp;&nbsp;&nbsp;&nbsp;55</B></FONT></TD></TR></TABLE>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="line-height:0px;margin-top:0px;margin-bottom:2px;border-bottom:0.3pt solid #6a86b8">&nbsp;</P>
<P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2" COLOR="#6a86b8"><B>SUMMARY OF GENERAL INFORMATION </B></FONT></P> <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2" COLOR="#6a86b8"><B>Shareholder Information </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">The Fund&#146;s NYSE
trading symbol is &#147;AFB&#148;. Weekly comparative net asset value (NAV) and market price information about the Fund is published each Monday in <I>The Wall Street Journal</I> and each Saturday in <I>Barron&#146;s</I> and other newspapers in a
table <FONT STYLE="white-space:nowrap">called&nbsp;&#147;Closed-End</FONT> Bond Funds.&#148; Daily net asset value and market price&nbsp;information, and additional information regarding the Fund, is available at www.alliancebernstein.com.
</FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2" COLOR="#6a86b8"><B>Dividend Reinvestment Plan </B></FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">Pursuant to the Fund&#146;s Dividend Reinvestment Plan, shareholders whose shares are registered in their own names may elect to have all distributions reinvested
automatically in additional shares of the Fund by ComputerShare Trust Company, N.A., as agent under the Plan. Shareholders whose shares are held in the name of the broker or nominee should contact the broker or nominee for details. All distributions
to investors who elect not to participate in the Plan will be paid by check mailed directly to the record holder by or under the direction of ComputerShare Trust Company, N.A. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT
STYLE="font-family:ARIAL" SIZE="2">For questions concerning shareholder account information, or if you would like a brochure describing the Dividend Reinvestment Plan, please call Computershare Trust Company at (800)
<FONT STYLE="white-space:nowrap">219-4218.</FONT> </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE">

<TR>
<TD WIDTH="81%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="14%"></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>56&nbsp;&nbsp;&nbsp;&nbsp;<SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex">|</SUP>&nbsp;&nbsp;&nbsp;&nbsp;ALLIANCEBERNSTEIN NATIONAL MUNICIPAL INCOME
FUND</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>abfunds.com</B></FONT></TD></TR></TABLE>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>This page is not part of the Shareholder Report or the Financial Statements </B></FONT></P>
<P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P> <P STYLE="line-height:0px;margin-top:0px;margin-bottom:2px;border-bottom:0.3pt solid #6a86b8">&nbsp;</P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT
STYLE="font-family:ARIAL" SIZE="2" COLOR="#6a86b8"><B>AB FAMILY OF FUNDS </B></FONT></P>
<p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P><DIV STYLE="position:relative;float:left; width:31%;padding-right:1%;padding-bottom:8pt;overflow:hidden;padding-top:3pt">
 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2" COLOR="#6a86b8"><B>US EQUITY </B></FONT></P> <P STYLE="margin-top:2px;margin-bottom:0px"><FONT
STYLE="font-family:ARIAL" SIZE="1"><B>US CORE </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:1%; text-indent:-1%"><FONT STYLE="font-family:ARIAL" SIZE="1">Core Opportunities Fund </FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px; margin-left:1%; text-indent:-1%"><FONT STYLE="font-family:ARIAL" SIZE="1">Select US Equity Portfolio </FONT></P> <P STYLE="margin-top:2px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>US
GROWTH </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:1%; text-indent:-1%"><FONT STYLE="font-family:ARIAL" SIZE="1">Concentrated Growth Fund </FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px; margin-left:1%; text-indent:-1%"><FONT STYLE="font-family:ARIAL" SIZE="1">Discovery Growth Fund </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:1%; text-indent:-1%"><FONT
STYLE="font-family:ARIAL" SIZE="1">Growth Fund </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:1%; text-indent:-1%"><FONT STYLE="font-family:ARIAL" SIZE="1">Large Cap Growth Fund </FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px; margin-left:1%; text-indent:-1%"><FONT STYLE="font-family:ARIAL" SIZE="1">Small Cap Growth Portfolio </FONT></P> <P STYLE="margin-top:2px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>US
VALUE </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:1%; text-indent:-1%"><FONT STYLE="font-family:ARIAL" SIZE="1">Discovery Value Fund </FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px; margin-left:1%; text-indent:-1%"><FONT STYLE="font-family:ARIAL" SIZE="1">Equity Income Fund </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:1%; text-indent:-1%;padding-bottom:0px; "><FONT
STYLE="font-family:ARIAL" SIZE="1">Relative Value Fund<SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex">1</SUP> </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:1%; text-indent:-1%"><FONT
STYLE="font-family:ARIAL" SIZE="1">Small Cap Value Portfolio </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:1%; text-indent:-1%"><FONT STYLE="font-family:ARIAL" SIZE="1">Value Fund </FONT></P>
<P STYLE="margin-top:6px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2" COLOR="#6a86b8"><B>INTERNATIONAL/ GLOBAL EQUITY </B></FONT></P>
<P STYLE="margin-top:2px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>INTERNATIONAL/ GLOBAL CORE </B></FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px; margin-left:1%; text-indent:-1%"><FONT STYLE="font-family:ARIAL" SIZE="1">Global Core Equity Portfolio </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:1%; text-indent:-1%"><FONT
STYLE="font-family:ARIAL" SIZE="1">International Portfolio </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:1%; text-indent:-1%"><FONT STYLE="font-family:ARIAL" SIZE="1">International Strategic Core Portfolio </FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px; margin-left:1%; text-indent:-1%;padding-bottom:0px; "><FONT STYLE="font-family:ARIAL" SIZE="1">Sustainable Global Thematic Fund<SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex">1</SUP>
</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:1%; text-indent:-1%"><FONT STYLE="font-family:ARIAL" SIZE="1">Tax-Managed International Portfolio </FONT></P> <P STYLE="margin-top:2px;margin-bottom:0px"><FONT
STYLE="font-family:ARIAL" SIZE="1"><B>INTERNATIONAL/ GLOBAL GROWTH </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:1%; text-indent:-1%"><FONT STYLE="font-family:ARIAL" SIZE="1">Concentrated International Growth Portfolio
</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:1%; text-indent:-1%"><FONT STYLE="font-family:ARIAL" SIZE="1">International Growth Fund </FONT></P> <P STYLE="margin-top:2px;margin-bottom:0px"><FONT
STYLE="font-family:ARIAL" SIZE="1"><B>INTERNATIONAL/ GLOBAL VALUE </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:1%; text-indent:-1%"><FONT STYLE="font-family:ARIAL" SIZE="1">Asia ex-Japan Equity Portfolio </FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px; margin-left:1%; text-indent:-1%"><FONT STYLE="font-family:ARIAL" SIZE="1">International Value Fund
</FONT></P></DIV><DIV STYLE="position:relative;float:left; margin-left:2%; width:31%;padding-right:1%;padding-bottom:8pt;overflow:hidden;padding-top:3pt">
 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2" COLOR="#6a86b8"><B>FIXED INCOME </B></FONT></P> <P STYLE="margin-top:2px;margin-bottom:0px"><FONT
STYLE="font-family:ARIAL" SIZE="1"><B>MUNICIPAL </B></FONT></P> <P STYLE="margin-top:2px;margin-bottom:0px; margin-left:1%; text-indent:-1%"><FONT STYLE="font-family:ARIAL" SIZE="1">High Income Municipal&nbsp;Portfolio </FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px; margin-left:1%; text-indent:-1%"><FONT STYLE="font-family:ARIAL" SIZE="1">Intermediate California Municipal&nbsp;Portfolio </FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px; margin-left:1%; text-indent:-1%"><FONT STYLE="font-family:ARIAL" SIZE="1">Intermediate Diversified Municipal&nbsp;Portfolio </FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px; margin-left:1%; text-indent:-1%"><FONT STYLE="font-family:ARIAL" SIZE="1">Intermediate New York Municipal&nbsp;Portfolio </FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px; margin-left:1%; text-indent:-1%"><FONT STYLE="font-family:ARIAL" SIZE="1">Municipal Bond Inflation&nbsp;Strategy </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:1%; text-indent:-1%"><FONT
STYLE="font-family:ARIAL" SIZE="1">Tax-Aware Fixed Income&nbsp;Portfolio </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:1%; text-indent:-1%"><FONT STYLE="font-family:ARIAL" SIZE="1">National Portfolio </FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px; margin-left:1%; text-indent:-1%"><FONT STYLE="font-family:ARIAL" SIZE="1">Arizona Portfolio </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:1%; text-indent:-1%"><FONT
STYLE="font-family:ARIAL" SIZE="1">California Portfolio </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:1%; text-indent:-1%"><FONT STYLE="font-family:ARIAL" SIZE="1">Massachusetts Portfolio </FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px; margin-left:1%; text-indent:-1%"><FONT STYLE="font-family:ARIAL" SIZE="1">Minnesota Portfolio </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:1%; text-indent:-1%"><FONT
STYLE="font-family:ARIAL" SIZE="1">New Jersey Portfolio </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:1%; text-indent:-1%"><FONT STYLE="font-family:ARIAL" SIZE="1">New York Portfolio </FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px; margin-left:1%; text-indent:-1%"><FONT STYLE="font-family:ARIAL" SIZE="1">Ohio Portfolio </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:1%; text-indent:-1%"><FONT
STYLE="font-family:ARIAL" SIZE="1">Pennsylvania Portfolio </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:1%; text-indent:-1%"><FONT STYLE="font-family:ARIAL" SIZE="1">Virginia Portfolio </FONT></P>
<P STYLE="margin-top:2px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>TAXABLE </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:1%; text-indent:-1%"><FONT STYLE="font-family:ARIAL" SIZE="1">Bond Inflation
Strategy </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:1%; text-indent:-1%"><FONT STYLE="font-family:ARIAL" SIZE="1">Global Bond Fund </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:1%; text-indent:-1%"><FONT
STYLE="font-family:ARIAL" SIZE="1">High Income Fund </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:1%; text-indent:-1%"><FONT STYLE="font-family:ARIAL" SIZE="1">High Yield Portfolio </FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px; margin-left:1%; text-indent:-1%"><FONT STYLE="font-family:ARIAL" SIZE="1">Income Fund </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:1%; text-indent:-1%"><FONT
STYLE="font-family:ARIAL" SIZE="1">Intermediate Bond Portfolio </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:1%; text-indent:-1%"><FONT STYLE="font-family:ARIAL" SIZE="1">Limited Duration High Income Portfolio </FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px; margin-left:1%; text-indent:-1%"><FONT STYLE="font-family:ARIAL" SIZE="1">Short Duration Portfolio </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT
STYLE="font-family:ARIAL" SIZE="2" COLOR="#6a86b8"><B>ALTERNATIVES </B></FONT></P> <P STYLE="margin-top:2px;margin-bottom:0px; margin-left:1%; text-indent:-1%"><FONT STYLE="font-family:ARIAL" SIZE="1">All Market Real Return Portfolio </FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px; margin-left:1%; text-indent:-1%"><FONT STYLE="font-family:ARIAL" SIZE="1">Credit Long/Short Portfolio </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:1%; text-indent:-1%"><FONT
STYLE="font-family:ARIAL" SIZE="1">Global Real Estate Investment&nbsp;Fund </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:1%; text-indent:-1%"><FONT STYLE="font-family:ARIAL" SIZE="1">Select US Long/Short Portfolio </FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px; margin-left:1%; text-indent:-1%"><FONT STYLE="font-family:ARIAL" SIZE="1">Unconstrained Bond Fund
</FONT></P></DIV><DIV STYLE="position:relative;float:left; margin-left:2%; width:31%;padding-right:1%;padding-bottom:8pt;overflow:hidden;padding-top:3pt">
 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2" COLOR="#6a86b8"><B>MULTI-ASSET </B></FONT></P>
<P STYLE="margin-top:2px;margin-bottom:0px; margin-left:1%; text-indent:-1%"><FONT STYLE="font-family:ARIAL" SIZE="1">All Market Income Portfolio </FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px; margin-left:1%; text-indent:-1%;padding-bottom:0px; "><FONT STYLE="font-family:ARIAL" SIZE="1">All Market Total Return Portfolio<SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex">1</SUP>
</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:1%; text-indent:-1%"><FONT STYLE="font-family:ARIAL" SIZE="1">Conservative Wealth Strategy </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:1%; text-indent:-1%"><FONT
STYLE="font-family:ARIAL" SIZE="1">Emerging Markets Multi-Asset&nbsp;Portfolio </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:1%; text-indent:-1%"><FONT STYLE="font-family:ARIAL" SIZE="1">Global Risk Allocation Fund </FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px; margin-left:1%; text-indent:-1%;padding-bottom:0px; "><FONT STYLE="font-family:ARIAL" SIZE="1">Tax-Managed All Market Income
Portfolio<SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex">1</SUP> </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:1%; text-indent:-1%"><FONT STYLE="font-family:ARIAL" SIZE="1">Tax-Managed Wealth Appreciation
Strategy </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:1%; text-indent:-1%"><FONT STYLE="font-family:ARIAL" SIZE="1">Wealth Appreciation Strategy </FONT></P> <P STYLE="margin-top:2px;margin-bottom:0px"><FONT
STYLE="font-family:ARIAL" SIZE="1"><B>TARGET-DATE </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:1%; text-indent:-1%"><FONT STYLE="font-family:ARIAL" SIZE="1">Multi-Manager Select Retirement Allocation Fund </FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px; margin-left:1%; text-indent:-1%"><FONT STYLE="font-family:ARIAL" SIZE="1">Multi-Manager Select 2010&nbsp;Fund </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:1%; text-indent:-1%"><FONT
STYLE="font-family:ARIAL" SIZE="1">Multi-Manager Select 2015&nbsp;Fund </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:1%; text-indent:-1%"><FONT STYLE="font-family:ARIAL" SIZE="1">Multi-Manager Select 2020&nbsp;Fund </FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px; margin-left:1%; text-indent:-1%"><FONT STYLE="font-family:ARIAL" SIZE="1">Multi-Manager Select 2025&nbsp;Fund </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:1%; text-indent:-1%"><FONT
STYLE="font-family:ARIAL" SIZE="1">Multi-Manager Select 2030&nbsp;Fund </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:1%; text-indent:-1%"><FONT STYLE="font-family:ARIAL" SIZE="1">Multi-Manager Select 2035&nbsp;Fund </FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px; margin-left:1%; text-indent:-1%"><FONT STYLE="font-family:ARIAL" SIZE="1">Multi-Manager Select 2040&nbsp;Fund </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:1%; text-indent:-1%"><FONT
STYLE="font-family:ARIAL" SIZE="1">Multi-Manager Select 2045&nbsp;Fund </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:1%; text-indent:-1%"><FONT STYLE="font-family:ARIAL" SIZE="1">Multi-Manager Select 2050&nbsp;Fund </FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px; margin-left:1%; text-indent:-1%"><FONT STYLE="font-family:ARIAL" SIZE="1">Multi-Manager Select 2055&nbsp;Fund </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT
STYLE="font-family:ARIAL" SIZE="2" COLOR="#6a86b8"><B><FONT STYLE="white-space:nowrap">CLOSED-END</FONT> FUNDS </B></FONT></P>
<P STYLE="margin-top:2px;margin-bottom:0px; margin-left:1%; text-indent:-1%"><FONT STYLE="font-family:ARIAL" SIZE="1">Alliance California Municipal Income Fund </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:1%; text-indent:-1%"><FONT
STYLE="font-family:ARIAL" SIZE="1">AllianceBernstein Global High Income Fund </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:1%; text-indent:-1%"><FONT STYLE="font-family:ARIAL" SIZE="1">AllianceBernstein National Municipal
Income Fund </FONT></P></DIV><div style="clear:both; height:0px; font-size:0px">&nbsp;</div>
 <P STYLE="margin-top:6px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="1">We also offer Government Exchange Reserves, which serves as the money market fund exchange vehicle for the AB mutual
funds. An investment in Government Exchange Reserves is not a deposit in a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Although the Fund seeks to preserve the value of your
investment at $1.00 per share, it is possible to lose money by investing in the Fund. </FONT></P> <P STYLE="margin-top:3px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>Investors should consider the investment objectives, risks,
charges and expenses of the Fund carefully before investing. For copies of our prospectus or summary prospectus, which contain this and other information, visit us online at www.abfunds.com or contact your AB representative. Please read the
prospectus and/or summary prospectus carefully before investing. </B></FONT></P> <P STYLE="font-size:3px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="1%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="1">1</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">Prior to November&nbsp;1, 2016, Sustainable Global Thematic Fund was named Global Thematic Growth Fund; prior to January 9, 2017, Relative Value Fund was named Growth &amp;
Income Fund; prior to April&nbsp;17, 2017, Tax-Managed All Market Income Portfolio was named Tax-Managed Balanced Wealth Strategy; prior to April 24, 2017, All Market Total Return Portfolio was named Balanced Wealth Strategy.
</FONT></TD></TR></TABLE>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE">

<TR>
<TD WIDTH="14%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="83%"></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>abfunds.com</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>ALLIANCEBERNSTEIN NATIONAL MUNICIPAL INCOME
FUND&nbsp;&nbsp;&nbsp;&nbsp;<SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex">|</SUP>&nbsp;&nbsp;&nbsp;&nbsp;57</B></FONT></TD></TR></TABLE>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="line-height:0px;margin-top:0px;margin-bottom:2px;border-bottom:0.3pt solid #6a86b8">&nbsp;</P>
<P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2" COLOR="#6a86b8"><B>NOTES </B></FONT></P> <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE">

<TR>
<TD WIDTH="81%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="14%"></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>58&nbsp;&nbsp;&nbsp;&nbsp;<SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex">|</SUP>&nbsp;&nbsp;&nbsp;&nbsp;ALLIANCEBERNSTEIN NATIONAL MUNICIPAL INCOME
FUND</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>abfunds.com</B></FONT></TD></TR></TABLE>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="line-height:0px;margin-top:0px;margin-bottom:2px;border-bottom:0.3pt solid #6a86b8">&nbsp;</P>
<P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2" COLOR="#6a86b8"><B>NOTES </B></FONT></P> <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE">

<TR>
<TD WIDTH="14%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="83%"></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>abfunds.com</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>ALLIANCEBERNSTEIN NATIONAL MUNICIPAL INCOME
FUND&nbsp;&nbsp;&nbsp;&nbsp;<SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex">|</SUP>&nbsp;&nbsp;&nbsp;&nbsp;59</B></FONT></TD></TR></TABLE>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="line-height:0px;margin-top:0px;margin-bottom:2px;border-bottom:0.3pt solid #6a86b8">&nbsp;</P>
<P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2" COLOR="#6a86b8"><B>NOTES </B></FONT></P> <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE">

<TR>
<TD WIDTH="81%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="14%"></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>60&nbsp;&nbsp;&nbsp;&nbsp;<SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex">|</SUP>&nbsp;&nbsp;&nbsp;&nbsp;ALLIANCEBERNSTEIN NATIONAL MUNICIPAL INCOME
FUND</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>abfunds.com</B></FONT></TD></TR></TABLE>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px;padding-top:0px; margin-left:1%;margin-right:1%"><FONT STYLE="font-family:ARIAL" SIZE="2"><B>Privacy Policy Statement </B></FONT></P>
<P STYLE="margin-top:4px;margin-bottom:0px; margin-left:1%;margin-right:1%"><FONT STYLE="font-family:ARIAL" SIZE="2">AllianceBernstein and its affiliates (collectively &#147;AllianceBernstein&#148;) understand the importance of maintaining the
confidentiality of their clients&#146; nonpublic personal information. Nonpublic personal information is personally identifiable financial information about our clients who are natural persons. To provide financial products and services to our
clients, we may collect information about clients from a variety of sources, including: (1) account documentation, including applications or other forms, which may include information such as a client&#146;s name, address, phone number, social
security number, assets, income and other household information, (2) client transactions with us and others, such as account balances and transactions history, and (3) information from visitors to our websites provided through online forms, site
visitorship data and online information-collecting devices known as &#147;cookies.&#148; </FONT></P> <P STYLE="margin-top:10px;margin-bottom:0px; margin-left:1%;margin-right:1%"><FONT STYLE="font-family:ARIAL" SIZE="2">It is our policy not to
disclose nonpublic personal information about our clients or former clients (collectively &#147;clients&#148;), except to our affiliates, or to others as permitted or required by law. From time to time, we may disclose nonpublic personal information
that we collect about our clients to non-affiliated third parties, including those that perform transaction processing or servicing functions, those that provide marketing services for us or on our behalf pursuant to a joint marketing agreement or
those that provide professional services to us under a professional services agreement, all of which require the third party provider to adhere to our privacy policy. We have policies and procedures to safeguard nonpublic personal information about
our clients that include restricting access to nonpublic personal information and maintaining physical, electronic and procedural safeguards which comply with applicable standards. </FONT></P>
<P STYLE="margin-top:10px;margin-bottom:0px; margin-left:1%;margin-right:1%"><FONT STYLE="font-family:ARIAL" SIZE="2">It is also our policy to prohibit the sharing of our clients&#146; personal information among our affiliated group of investment,
brokerage, service and insurance companies for the purpose of marketing their products or services to clients, except as permitted by law. This information includes, but is not limited to, a client&#146;s income and account history. </FONT></P>
<P STYLE="margin-top:10px;margin-bottom:0px;padding-bottom:0px; margin-left:1%;margin-right:1%"><FONT STYLE="font-family:ARIAL" SIZE="2">We have policies and procedures to ensure that certain conditions are met before an AllianceBernstein affiliated
company may use information obtained from another affiliate to solicit clients for marketing purposes. </FONT></P>

<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px">


<IMG SRC="g391334abcorplogo_40.jpg" ALT="LOGO">
 </P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:arial" SIZE="2">ALLIANCEBERNSTEIN NATIONAL MUNICIPAL INCOME FUND </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT
STYLE="font-family:arial" SIZE="2">1345 Avenue of the Americas </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:arial" SIZE="2">New York, NY 10105 </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT
STYLE="font-family:arial" SIZE="2">800 221 5672 </FONT></P> <P STYLE="font-size:120px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<P STYLE="margin-top:110px;margin-bottom:0px"><FONT STYLE="font-family:arial" SIZE="2">ABNMIF-0152-0417&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;


<IMG SRC="g391334g22c48.jpg" ALT="LOGO">
 </FONT></P>

<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>ITEM&nbsp;2. CODE OF ETHICS. </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Not applicable when filing a semi-annual report to shareholders. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>ITEM&nbsp;3. AUDIT COMMITTEE FINANCIAL EXPERT. </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Not
applicable when filing a semi-annual report to shareholders. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>ITEM&nbsp;4. PRINCIPAL ACCOUNTANT FEES AND SERVICES. </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Not applicable when filing a semi-annual report to shareholders. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>ITEM&nbsp;5. AUDIT COMMITTEE OF LISTED REGISTRANTS. </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Not
applicable when filing a semi-annual report to shareholders. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>ITEM&nbsp;6. SCHEDULE OF INVESTMENTS. </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Please see Schedule of Investments contained in the Report to Shareholders included under Item 1 of this Form <FONT STYLE="white-space:nowrap">N-CSR.</FONT>
</P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>ITEM&nbsp;7. DISCLOSURE OF PROXY VOTING POLICIES AND PROCEDURES FOR <FONT STYLE="white-space:nowrap">CLOSED-END</FONT> MANAGEMENT INVESTMENT
COMPANIES. </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Not applicable when filing a semi-annual report to shareholders. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>ITEM&nbsp;8. PORTFOLIO MANAGERS OF <FONT STYLE="white-space:nowrap">CLOSED-END</FONT> MANAGEMENT INVESTMENT COMPANIES. </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Not applicable when filing a semi-annual report to shareholders. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>ITEM&nbsp;9. PURCHASES OF EQUITY SECURITIES BY <FONT STYLE="white-space:nowrap">CLOSED-END</FONT> MANAGEMENT INVESTMENT COMPANY AND AFFILIATED PURCHASERS.
</B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">There have been no purchases of equity securities by the Fund or by affiliated parties for the reporting period. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>ITEM&nbsp;10. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS. </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">There have been no material changes to the procedures by which shareholders may recommend nominees to the Fund&#146;s Board of Directors since the Fund last
provided disclosure in response to this item. </P>

<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>ITEM 11. CONTROLS AND PROCEDURES. </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">(a) The registrant&#146;s principal executive officer and principal financial officer have concluded that the registrant&#146;s disclosure controls and
procedures (as defined in Rule <FONT STYLE="white-space:nowrap">30a-2(c)</FONT> under the Investment Company Act of 1940, as amended) are effective at the reasonable assurance level based on their evaluation of these controls and procedures as of a
date within 90 days of the filing date of this document. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">(b) There were no changes in the registrant&#146;s internal controls over financial reporting
that occurred during the second fiscal quarter of the period that has materially affected, or is reasonably likely to materially affect, the registrant&#146;s internal control over financial reporting. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>ITEM&nbsp;12. EXHIBITS. </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">The following exhibits are
attached to this Form <FONT STYLE="white-space:nowrap">N-CSR:</FONT> </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="12%"></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD WIDTH="84%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<TD VALIGN="bottom" NOWRAP> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-bottom:1.00pt solid #000000; width:47.65pt; font-size:8pt; font-family:Times New Roman">EXHIBIT NO.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-bottom:1.00pt solid #000000; width:98.40pt; font-size:8pt; font-family:Times New Roman" ALIGN="center">DESCRIPTION OF EXHIBIT</P></TD></TR>


<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" NOWRAP> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">12 (b) (1)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Certification of Principal Executive Officer Pursuant to Section&nbsp;302 of the Sarbanes-Oxley Act of 2002</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" NOWRAP> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">12 (b) (2)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Certification of Principal Financial Officer Pursuant to Section&nbsp;302 of the Sarbanes-Oxley Act of 2002</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" NOWRAP> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">12 (c)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Certification of Principal Executive Officer and Principal Financial Officer Pursuant to Section&nbsp;906 of the <FONT STYLE="white-space:nowrap">Sarbanes-Oxley</FONT> Act of 2002</TD></TR>
</TABLE> <P STYLE="font-size:18pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>

<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">SIGNATURES </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be
signed on its behalf by the undersigned, thereunto duly authorized. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">(Registrant): AllianceBernstein National Municipal Income Fund, Inc. </P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="40%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt">


<TR>
<TD WIDTH="7%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="92%"></TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">By:</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:1pt; border-bottom:1px solid #000000; font-size:10pt; font-family:Times New Roman">/s/ Robert M. Keith</P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Robert M. Keith</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">President</TD></TR>
</TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Date: June 26, 2017 </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Pursuant
to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated. </P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="40%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt">


<TR>
<TD WIDTH="7%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="92%"></TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">By:</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:1pt; border-bottom:1px solid #000000; font-size:10pt; font-family:Times New Roman">/s/ Robert M. Keith</P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Robert M. Keith</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">President</TD></TR></TABLE>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="40%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt">


<TR>
<TD></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="99%"></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16" COLSPAN="3"></TD></TR>

<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="bottom" COLSPAN="3"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Date: June&nbsp;26,
2017</P></TD></TR></TABLE>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="40%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt">


<TR>
<TD WIDTH="7%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="92%"></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>

<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">By:</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:1pt; border-bottom:1px solid #000000; font-size:10pt; font-family:Times New Roman">/s/ Joseph J. Mantineo</P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Joseph J. Mantineo</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Treasurer and Chief Financial Officer</TD></TR></TABLE>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="40%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt">


<TR>
<TD></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="99%"></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16" COLSPAN="3"></TD></TR>

<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="bottom" COLSPAN="3"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Date: June&nbsp;26, 2017</P></TD></TR>
</TABLE> <P STYLE="font-size:18pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
</BODY></HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.CERT
<SEQUENCE>2
<FILENAME>d391334dex99cert.htm
<DESCRIPTION>CERTIFICATIONS PURSUANT TO SECTION 302
<TEXT>
<HTML><HEAD>
<TITLE>Certifications Pursuant to Section 302</TITLE>
</HEAD>
 <BODY BGCOLOR="WHITE">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>Exhibit 12(b)(1) </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>CERTIFICATION OF PRINCIPAL EXECUTIVE OFFICER </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">I, Robert M. Keith, President of AllianceBernstein National Municipal Income Fund, Inc., certify that: </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">1. I have reviewed this report on Form <FONT STYLE="white-space:nowrap">N-CSR</FONT> of AllianceBernstein National Municipal Income Fund, Inc.; </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the
statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report; </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">3.
Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations, changes in net assets, and cash flows (if the financial
statements are required to include a statement of cash flows) of the registrant as of, and for, the periods presented in this report; </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">4. The
registrant&#146;s other certifying officers and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Rule <FONT STYLE="white-space:nowrap">30a-3(c)</FONT> under the Investment Company Act of 1940) and
internal control over financial reporting (as defined in Rule <FONT STYLE="white-space:nowrap">30a-3(d)</FONT> under the Investment Company Act of 1940) for the registrant and have: </P>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%" VALIGN="top" ALIGN="left">a)</TD>
<TD ALIGN="left" VALIGN="top">designed such disclosure controls and procedures to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly
during the period in which this report is being prepared; </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%" VALIGN="top" ALIGN="left">b)</TD>
<TD ALIGN="left" VALIGN="top">designed such internal control over financial reporting to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance
with generally accepted accounting principles; </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%" VALIGN="top" ALIGN="left">c)</TD>
<TD ALIGN="left" VALIGN="top">evaluated the effectiveness of the registrant&#146;s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within
90 days prior to the filing date of this report based on such evaluation ; and </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%" VALIGN="top" ALIGN="left">d)</TD>
<TD ALIGN="left" VALIGN="top">disclosed in this report any change in the registrant&#146;s internal control over financial reporting that occurred during the second fiscal quarter of the period covered by this report that has materially affected, or
is reasonably likely to materially affect, the registrant&#146;s internal control over financial reporting; and </TD></TR></TABLE>

<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">5. The registrant&#146;s other certifying officers and I have disclosed to the registrant&#146;s auditors and the
audit committee of the registrant&#146;s board of directors (or persons performing the equivalent functions): </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">a) all significant deficiencies and material
weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant&#146;s ability to record, process, summarize, and report financial information; and </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">b) any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant&#146;s internal control over
financial reporting. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Date: June&nbsp;26, 2017 </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><DIV ALIGN="right">
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="40%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt">


<TR>
<TD WIDTH="100%"></TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:1pt; border-bottom:1px solid #000000; font-size:10pt; font-family:Times New Roman">/s/ Robert M. Keith</P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Robert M. Keith</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">President</TD></TR>
</TABLE></DIV>

<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>Exhibit 12(b)(2) </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>CERTIFICATION OF PRINCIPAL FINANCIAL OFFICER </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">I, Joseph J. Mantineo, Treasurer and Chief Financial Officer of AlliancBernstein National Municipal Income Fund, Inc., certify that: </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">1. I have reviewed this report on Form <FONT STYLE="white-space:nowrap">N-CSR</FONT> of AllianceBernstein National Municipal Income Fund, Inc.; </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the
statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report; </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">3.
Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations, changes in net assets, and cash flows (if the financial
statements are required to include a statement of cash flows) of the registrant as of, and for, the periods presented in this report; </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">4. The
registrant&#146;s other certifying officers and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Rule <FONT STYLE="white-space:nowrap">30a-3(c)</FONT> under the Investment Company Act of 1940) and
internal control over financial reporting (as defined in Rule <FONT STYLE="white-space:nowrap">30a-3(d)</FONT> under the Investment Company Act of 1940) for the registrant and have: </P>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%" VALIGN="top" ALIGN="left">a)</TD>
<TD ALIGN="left" VALIGN="top">designed such disclosure controls and procedures to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly
during the period in which this report is being prepared; </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%" VALIGN="top" ALIGN="left">b)</TD>
<TD ALIGN="left" VALIGN="top">designed such internal control over financial reporting to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance
with generally accepted accounting principles; </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%" VALIGN="top" ALIGN="left">c)</TD>
<TD ALIGN="left" VALIGN="top">evaluated the effectiveness of the registrant&#146;s disclosure controls and procedures presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90
days prior to the filing date of this report based on such evaluation ; and </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%" VALIGN="top" ALIGN="left">d)</TD>
<TD ALIGN="left" VALIGN="top">disclosed in this report any change in the registrant&#146;s internal control over financial reporting that occurred during the second fiscal quarter of the period covered by this report that has materially affected, or
is reasonably likely to materially affect, the registrant&#146;s internal control over financial reporting; and </TD></TR></TABLE>

<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">5. The registrant&#146;s other certifying officers and I have disclosed to the registrant&#146;s auditors and the
audit committee of the registrant&#146;s board of directors (or persons performing the equivalent functions): </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">a) all significant deficiencies and material
weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant&#146;s ability to record, process, summarize, and report financial information ; and </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">b) any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant&#146;s internal control over
financial reporting. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Date: June&nbsp;26, 2017 </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><DIV ALIGN="right">
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="40%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt">


<TR>
<TD WIDTH="100%"></TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:1pt; border-bottom:1px solid #000000; font-size:10pt; font-family:Times New Roman">/s/ Joseph J. Mantineo</P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Joseph J. Mantineo</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Treasurer and Chief Financial Officer</TD></TR>
</TABLE></DIV>
</BODY></HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.906 CERT
<SEQUENCE>3
<FILENAME>d391334dex99906cert.htm
<DESCRIPTION>CERTIFICATIONS PURSUANT TO SECTION 906
<TEXT>
<HTML><HEAD>
<TITLE>Certifications Pursuant to Section 906</TITLE>
</HEAD>
 <BODY BGCOLOR="WHITE">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>EXHIBIT 12(c) </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>CERTIFICATION PURSUANT TO SECTION 906 OF THE </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>SARBANES-OXLEY ACT </B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Pursuant to 18 U.S.C.
1350, each of the undersigned, being the Principal Executive Officer and Principal Financial Officer of AllianceBernstein National Municipal Income Fund, Inc. (the &#147;Registrant&#148;), hereby certifies that the Registrant&#146;s report on Form <FONT
STYLE="white-space:nowrap">N-CSR</FONT> for the period ended April&nbsp;30, 2017 (the &#147;Report&#148;) fully complies with the requirements of Section&nbsp;13(a) or 15(d) of the Securities Exchange Act of 1934 and that the information contained
in the Report fairly presents, in all material respects, the financial condition and results of operations of the Registrant. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Date: June&nbsp;26, 2017
</P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><DIV ALIGN="right">
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="40%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt">


<TR>
<TD WIDTH="6%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="92%"></TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">By:</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:1pt; border-bottom:1px solid #000000; font-size:10pt; font-family:Times New Roman">/s/ Robert M. Keith</P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Robert M. Keith</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">President</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">By:</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:1pt; border-bottom:1px solid #000000; font-size:10pt; font-family:Times New Roman">/s/ Joseph J. Mantineo</P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Joseph J. Mantineo</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Treasurer and Chief Financial Officer</TD></TR>
</TABLE></DIV> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">This certification is being furnished solely pursuant to Section&nbsp;906 of the Sarbanes-Oxley Act of 2002 and is not
being filed as part of the Report or as a separate disclosure document. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">A signed original of this written statement required by Section&nbsp;906 has been
provided to the Registrant and will be retained by the Registrant and furnished to the Securities and Exchange Commission or its staff upon request. </P>
</BODY></HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>4
<FILENAME>g39133450years_pms7682.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 g39133450years_pms7682.jpg
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M!0,& 0('  @3"1$2%!46(B,7&2$S-EB7U__$ !H! 0 # 0$!
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M.OK^N_I]\VA>_' S?I%\(Y)[/^AO<NU<CM#>JYP5SIJ3R[H_%5[:RH:ZUO\
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B&,>,8\8QXQCQC'C&/&,>,8\8QXQCQC'C&/&,>,8\8S__V0$!

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>5
<FILENAME>g391334abcorplogo_40.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 g391334abcorplogo_40.jpg
M_]C_X  02D9)1@ ! @$ 8 !@  #_[0@\4&AO=&]S:&]P(#,N,  X0DE- ^T
M     !  8     $  0!@     0 !.$))300-       $    'CA"24T$&0
M    !    !XX0DE- _,       D           $ .$))300*       !   X
M0DE-)Q        H  0         ".$))30/U      !( "]F9@ ! &QF9@ &
M       ! "]F9@ ! *&9F@ &       ! #(    ! %H    &       ! #4
M   ! "T    &       !.$))30/X      !P  #_____________________
M________ ^@     _____________________________P/H     /______
M______________________\#Z     #_____________________________
M ^@  #A"24T$"       $     $   )    "0      X0DE-!!X       0
M    .$))300:      ![    !@              -0   #4    - &$ 8@!C
M &\ <@!P &P ;P!G &\ 7P T #     !                          $
M             #4    U
M     #A"24T$$0       0$ .$))3004       $     CA"24T$#      %
MD@    $    U    -0   *   "$@   %=@ 8  '_V/_@ !!*1DE&  $" 0!(
M $@  /_N  Y!9&]B90!D@     '_VP"$  P(" @)" P)"0P1"PH+$14/# P/
M%1@3$Q43$Q@1# P,# P,$0P,# P,# P,# P,# P,# P,# P,# P,# P,# P!
M#0L+#0X-$ X.$!0.#@X4% X.#@X4$0P,# P,$1$,# P,# P1# P,# P,# P,
M# P,# P,# P,# P,# P,# P,#/_  !$( #4 -0,!(@ "$0$#$0'_W0 $  3_
MQ $_   !!0$! 0$! 0         #  $"! 4&!P@)"@L!  $% 0$! 0$!
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M:O4_JG]8.DXOVO/Q/1H#@TOWUOU/T?;598Y6OJ'T[[?]9L4.$UXTY%GEZ?\
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MDDDDE__2XY)<VDDEZ1)<VDDIZ1)<VDDIZ1)<VDDI_]DX0DE-!"$      %4
M   ! 0    \ 00!D &\ 8@!E "  4 !H &\ = !O ', : !O '     3 $$
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M"1$2%!46.2$B%W<8N I!(R2UAS%#-"4W)C:6MB?7.!E9$0 " @,  @(#
M         1$"(3$R@1)!82)2@O_:  P# 0 "$0,1 #\ H0V_;?K=W2V[$J(H
MB)>.K6G7?WA6*]_1B,=Z>&(P]3%\_GDQ>H]&T/88W'EBG\2L)XO!X9?7-&
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/30!- $T 30!- $T ?__9

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>6
<FILENAME>g391334g18j22.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 g391334g18j22.jpg
M_]C_X  02D9)1@ ! 0(!>@%Z  #_X5/,:'1T<#HO+VYS+F%D;V)E+F-O;2]X
M87 O,2XP+P \/WAP86-K970@8F5G:6X](N^[OR(@:60](E<U33!-<$-E:&E(
M>G)E4WI.5&-Z:V,Y9"(_/CQX.GAM<&UE=&$@>&UL;G,Z>#TB861O8F4Z;G,Z
M;65T82\B('@Z>&UP=&L](D%D;V)E(%A-4"!#;W)E(#4N,RUC,#$Q(#8V+C$T
M-38V,2P@,C Q,B\P,B\P-BTQ-#HU-CHR-R @(" @(" @(CX*(" @/')D9CI2
M1$8@>&UL;G,Z<F1F/2)H='1P.B\O=W=W+G<S+F]R9R\Q.3DY+S R+S(R+7)D
M9BUS>6YT87@M;G,C(CX*(" @(" @/')D9CI$97-C<FEP=&EO;B!R9&8Z86)O
M=70](B(*(" @(" @(" @(" @>&UL;G,Z9&,](FAT=' Z+R]P=7)L+F]R9R]D
M8R]E;&5M96YT<R\Q+C$O(CX*(" @(" @(" @/&1C.F9O<FUA=#YA<'!L:6-A
M=&EO;B]P;W-T<V-R:7!T/"]D8SIF;W)M870^"B @(" @(" @(#QD8SIT:71L
M93X*(" @(" @(" @(" @/')D9CI!;'0^"B @(" @(" @(" @(" @(#QR9&8Z
M;&D@>&UL.FQA;F<](G@M9&5F875L="(^9S$X:C(R/"]R9&8Z;&D^"B @(" @
M(" @(" @(#PO<F1F.D%L=#X*(" @(" @(" @/"]D8SIT:71L93X*(" @(" @
M/"]R9&8Z1&5S8W)I<'1I;VX^"B @(" @(#QR9&8Z1&5S8W)I<'1I;VX@<F1F
M.F%B;W5T/2(B"B @(" @(" @(" @('AM;&YS.GAM<#TB:'1T<#HO+VYS+F%D
M;V)E+F-O;2]X87 O,2XP+R(*(" @(" @(" @(" @>&UL;G,Z>&UP1TEM9STB
M:'1T<#HO+VYS+F%D;V)E+F-O;2]X87 O,2XP+V<O:6UG+R(^"B @(" @(" @
M(#QX;7 Z0W)E871O<E1O;VP^061O8F4@26QL=7-T<F%T;W(@0U,V("A7:6YD
M;W=S*3PO>&UP.D-R96%T;W)4;V]L/@H@(" @(" @(" \>&UP.D-R96%T941A
M=&4^,C Q-RTP-BTQ-%0Q.#HR-SHS,"TP-#HP,#PO>&UP.D-R96%T941A=&4^
M"B @(" @(" @(#QX;7 Z36]D:69Y1&%T93XR,#$W+3 V+3$T5#$X.C(W.C,P
M+3 T.C P/"]X;7 Z36]D:69Y1&%T93X*(" @(" @(" @/'AM<#I-971A9&%T
M841A=&4^,C Q-RTP-BTQ-%0Q.#HR-SHS,"TP-#HP,#PO>&UP.DUE=&%D871A
M1&%T93X*(" @(" @(" @/'AM<#I4:'5M8FYA:6QS/@H@(" @(" @(" @(" \
M<F1F.D%L=#X*(" @(" @(" @(" @(" @/')D9CIL:2!R9&8Z<&%R<V54>7!E
M/2)297-O=7)C92(^"B @(" @(" @(" @(" @(" @(#QX;7!'26UG.G=I9'1H
M/C(U-CPO>&UP1TEM9SIW:61T:#X*(" @(" @(" @(" @(" @(" @/'AM<$=)
M;6<Z:&5I9VAT/C$S,CPO>&UP1TEM9SIH96EG:'0^"B @(" @(" @(" @(" @
M(" @(#QX;7!'26UG.F9O<FUA=#Y*4$5'/"]X;7!'26UG.F9O<FUA=#X*(" @
M(" @(" @(" @(" @(" @/'AM<$=);6<Z:6UA9V4^+SEJ+S1!05%3:UI*4F=!
M0D%G14%304))04%$+S=107-51VAV9$<Y>F%'.7=)1$UU34%!-%%K;$Y!*S!!
M04%!04%"04%304%!04%%028C>$$[05%"24%!04%!44%"+RLT041K1FMB,DIL
M04=404%!04%!9B]B04E104)G445"055%0F=51D)G:T="45E*0W=G1T)G9TQ$
M06]+0W=O2R8C>$$[1$)!341!=TU$07=11$$T4$5!.$]$0DU41D)15$5X=V)'
M>'-C2'@X9DAX.&9(>#AF2'=%2$)W8TY$03!914)!64=H55)&4F]F2'@X9B8C
M>$$[2'@X9DAX.&9(>#AF2'@X9DAX.&9(>#AF2'@X9DAX.&9(>#AF2'@X9DAX
M.&9(>#AF2'@X9DAX.&9(>#AF+SA!04519T%H045!07=%4B8C>$$[04%)4D%1
M35)!9B]%06%)04%!04A!445"05%%04%!04%!04%!04%11D%W24=!44%(0T%K
M2T-W14%!9TE$05%%0D%114%!04%!04%!028C>$$[05%!0T%W449"9V-)0U%O
M3$5!04-!44U$06=10T)G8T1"04E'06Y-0D%G35)"04%&25))>%%614=%,D5I
M8UE%54UP1VA">%=X46E00B8C>$$[571(:$UX6FDX0U)Y9W9%;%%Z4E1K<4MY
M63-00TY546YK-D]Z3FAD55I(5$0P=4E)2F]-2D-H9UIH2E)&4G%3,%9T3E9+
M0G)Y-"]0128C>$$[,4]4,%I85T9L85<Q>&18;#E76C)H<&%M='-B5S5V63-2
M,61N9#1E6' W9D@Q*V8S3T5H66%(:4EM2VDT>4YJ;RM#:S535FQP95EM6B8C
M>$$[<6)N2C)E;C5+:G!+5VUP-FEP<7%U<W)A-G9O4D%!24-!44E$0E%514)1
M645#04U$8E%%04%H141"0T53355%1E523FA)9UIX9UI%>28C>$$[;V)(=T9-
M2%(T4TY#1E9*:6-V17I*1%)$9VAA4U5Y5VE9-TQ#0C-04TYE2D5G>&15:W=G
M2D-H9UI*:EI&1VED:V1&53,X<4]Z=WEG<"8C>$$[,"M0>FA*4VMT3515-5!2
M;&195U9P8EA&,658,5)L6FUD;V%7<')B1S%U8C)2,61N9#1E6' W9D@Q*V8S
M3T5H66%(:4EM2VDT>4YJ;R8C>$$[*T1L2E=7;#5I6FUP=6-N6C9F:W%/:W!A
M86YQ2VUQ<39Y=')Q*W8O84%!=T1!44%#15%-4D%$.$$V+W!V-7EM-VTP-D]8
M4B]21W)',R8C>$$[;G-'5S4U.')+-W0W,F%'6G@V4V-:2S9C>79&=4)Y0D1N
M<&EQ1C!R.#DW5%5,,GET1C!K;S$V;6M&2E!R04LK<G%B5V]N:D(Y36-J828C
M>$$[3'%%4E X,6%F1&EQ3G50>E(X>'9F=F$V6C5C=#=Y:#%K46@Y465+5U$V
M2&-I,VM524Q35F55,TY#9S5D4U%32U9+<3=5+WID*W$K528C>$$[3DPX>G!P
M,$56;G).*SER64YQ1C4Y5&HK<D-+95=+-6QK.4=B,"]61G8X369%+V%89G1I
M<5A49FYQ5W0Y56QS.45$='!M;%$V<WE81B8C>$$[,%EE9%E)8FDV=#%+=WIF
M=F)D8G5,,DIB.6UM2W%0;4@X*S(X=EAT-UIA;F]3:65W1C)K,&M.-%AH.6$Q
M=&)7-%9E8G=2='AL:W9"128C>$$[<F-E=$YV:6]&53(P+W=$3CE,>GET<C-M
M0DY09V5,4TQ&3E-G=#1,-D]74C1:;&ME1T\U45)R2F%Y<VM967%56F%-2TTR
M.495:G0O*R8C>$$[8V<U5S%Y8E-,;E$T24QI,FQT;TIO5W9:63=Q4G)Q6#!H
M.5=T3&UZ='!N.4U5950Q5FI)6&5H1D-Y<5E74#4S3DIP+VPV.'8Y1DYQ;28C
M>$$[=C-%4T%#4S5!=#=765%R.5I:<FTP=%!555,S8U-6:35)83%%:'A6039F
M.$%N.60V;'!53W)74&PQ2DQ!,FPU93-292\T>6]M;5)7."8C>$$[=#1S8UET
M,D1-=C%U:V9.:S4X4V1G5DI64E=U9FYV2'!%>E1484](,&0U<BM+,G9X9$5-
M=S!Y45%4=$I#668S9%HU23%18VI516LP228C>$$[0VQ62S5F.$%N2E<R:71"
M95-A07DR-U<P.&]K3C%13&-7,7)B>E!!.5EF:"\P:38K<F-V-6@Y;F5G5F5U
M85)D86IC>%A$6#!!=#5)-R8C>$$[;65+1E8U56%&2D-S5"]%0CEP2TAW.$U6
M4C)+=7A6,DMU>%8R2W5X5C)+=7A6,DMU>%8R2W5X5C)+=7A6,DMU>%8R2W5X
M5C)+=DMR4"8C>$$[4W9Y341X<F)/,$(Q-4Q454QD,6XQ0T0T4%-V1W1P235U
M4TYB2TE9-VQE25I!<6=Q44%10W$V=SAU9CA!3U!D,V9,<"MM4V%C="]'9R8C
M>$$[=EE:<DLK;&AM84Y:1$M':75O6E5A4EE(<W581DA):#0Y1D9-5E13,S%F
M.$%*>GDT=&YE,BMR,E)K=&9683)K1V].950X9%AU;W98;28C>$$[8FQ,3$I)
M<W,T4FUK879(8S%!<FEQ66%R+W=!<7@P3%,W5%,Y4W5R4S!T9DQ%4#%Y,7-:
M3&QJ3D)&2$$Y=4I04T1T3DE04VU:4E5.528C>$$[;BMA;4MS64AL+SA!2413
M-V5',"MQ>%=Y6&5M>7HK<69R=G%.<#EZ8G4W3%!C13AW1V=T,TUC8W(X9T50
M04-M2W$R=5-F:V9F4E18,B8C>$$[<7=V3D@U:&EU<$QU47<V;%0P;UIR84,V
M:VY61B]W0D9%53%N07)--%1G>3EQ=%963712,&XX<&9,3%AM:%@T*W!J>DI9
M>B]73%-35R8C>$$[.&M74W@P*T]35U9)>GED645H:FUK25--<G0Y:V)B2W%'
M;390*U-T>%E896]1,U9T2D9F=U=E;S9J9%AL+V-'-$U-36]N=$QI-&4U;28C
M>$$[.61+3U)2;G!5554O0T%-5E%9.'5F:TA*9G<V1DQC,G0W95)7;G!78T9Z
M<59Z9&TQ=#0R:4-P8GE3>GE#,6%R>#A"1WE/4CEN64A&5B8C>$$[6%-V2T@U
M1C9X4%IR<')7.#!R=W9A5V1T1F8S568Q;3)T0TE*04E05U58359,6E9:>7),
M27%I<%IA67%J=%@P5#AL-4HY5&968G)4>"8C>$$[2F182W=A9VLR;VQ&4S5-
M>3-8<$MH;4-W4U-3,C9Y3VE"4S58-&=C5E%6>'!0-48S3VUA-T%283-E;C94
M8E13-C4Y6&UU2C!I:79R:B8C>$$[-C%,>6%&;G$U;G-E6$9$>E1J46-18496
M:TQF;7(U1&EE3DQV52\P8WHS3%=B1%5O6CE02U1,8FDU26M&-&M"465K>6M-
M,G@U2T)U4B8C>$$[:7%985@U-CAM-G)Q5#9:<'5T5V0Q9F]24S)J;5%V24=H
M5V-.0TLO=E8Y2U)73%(Q03AA9S1Q;FU+=7A6,DMU>%8R2W5X5C)+=7A6,B8C
M>$$[2W):2F]O9T1+-F]$<T-X04@T-'%S4SAT2DEZ2VLX8GAI;TQQ>6Q25')U
M1#)W,')59#=:>68S8SAB.79H9%0K;S0X2E)A=&=3-T98628C>$$[<3=&6%EQ
M-T98:D]O9C@T.3)K1VA,0G!T>D@V.79P:5=S,$YV8E(R-UAT>$9A6#EU,'I/
M6#1R2DXK:T(X5#%P=T%*,W%Q<E=L+VMH<28C>$$[=7$V4%!*<CDK3E!V=%)L
M=4I,:3)H=#0K56%Z3G%Q,$)396%.4WDV=T=+<7I"94A(:S%E45982B]Z:C-D
M4D]R4659,6EP97!Q8FHV<B8C>$$[8U-#4S535EIH-F]K=E@Y4D]A;6I05V9E
M:&U++T1I<DEF3B\U4B\T:79T5FY/<F968F95+U5L.4PP1$DX9'I*<'@P>FYZ
M.59!,%%H*R8C>$$[3# K05!,9FY48D958C5K+TQV561B,7DU=GIR:E=L=%!B
M5%=Y4G<R-$9Y:7I7<C(O<&TT16=74T)8:TTT:F5):U-B:'=.<U936%)0>28C
M>$$[3G1B57A*<D=Q=G%T;&)X6&-.=G!Y0S5T8F1)<FQR6C!G-')D4T9R94DR
M<F9U6'%R8W%T5F=76E9'96$O>7%U=D]0-D)V9&(Q2F)F528C>$$[=$]S>$)F
M<F)W.&\U6EI:24AU=4),;U934DE:27%54'=V-U5+<5=A8BM1-'-)23!J,7-0
M3&)1,F]T6&$P2$583G,R;G-:2E9%=C=Y2B8C>$$[=C!21BLV<4MC;BM),49&
M56TQ1#AH3E4P>GEY9$XP:E5M,4$R,74Y<F\V0T-/0V5#5S5V<F$X935M;F4T
M0T]S8E<S,E5J1&-45#1J,28C>$$[5EHK4'DT=&]F3C)K-C596%%S-U!3-UI,
M6G1/4T5F=F945V156G!!>7(O>#AK;FQ'>D%J-$=4:R]*5FEM<69K13DO9C9T
M8VY8>$A(<28C>$$[8C-$<D5,4"LW*W-26#A91S V<#A*,4US94-,>30Q235-
M>EEQ;5=L+VLW8U=F;'98=$1L,7!*;V17,'$R,%<P;5,P36)145=G=4)'."8C
M>$$[9TTW:5IZ.5HK26IG3G5G<FEQ;'(S-4=71C1Z;E)R,D1263 Q:3,Q<7IT
M26)*5&)23F(R:5<O<&5L2$Q!0TAE4#%'24LY4TMD.%942"8C>$$[>3DK5F,R
M;#8Q1G)&>'%S9'IC:E9P9%EM4T=Z4S%I6C4Y4&5X84Y%:F-H4GEF,4]2<7@V
M3GE9;'EQ>B]&6%EQ-T9867$W1EA9<31K028C>$$[16LP039N1EAM2#5H9C@U
M0BM2=DM,>3)58W Q8E=)-G%B3S%)2V\R*S!S;C)6;V5O-C1Q.$,X,68X-4]F
M;51R36I,<',P96@R;DEL228C>$$[-U91.'9%.6UL:T)R.#%68U4P.# Q4'I*
M-6@Q570K:SE4=7(P36%L6C5P2D8V,39-4T]U2U@P5"M25C0Y>"M3*W%234M#
M,&YV-$9.928C>$$[;TYV2$Y8-S54;5)P+W%(=F%C,TDK-4ML6FQ)2VMG:F]2
M<V,S5')5,S W>F8U;3 Y<3)U;WI+4#578C%&,B]Y6#5$2S5965,U:'-'4R8C
M>$$[439S,C!,.#5:;%I9=&%T439K-S-&=G-2=C-1+W=/665446HK170X3E0S
M=E-D2C%R5$Y7=&AC-F9C3%!%979%+T5P<%=J1'%$=FU"4"8C>$$[1UEM:35-
M6D$X:V)K1U1S5F1I<GEN4C50>D10;C=J8T<W*W%I-&(V=W(X+W%O9W%F<S$O
M9"]:*WI4=FUY;4U8:&)6>2M,:5(T*TXV="8C>$$[;71C=#1N;VUM87)B959.
M8C!Q-S V-FMA9E4W4%5J8GI73C<V37$R.#EO=#%B4T9)6FI*>D5)85-61EI:
M4S=S<4UQ=4U+;VI1-T1Z=B8C>$$[;T]R*UA,>3AH,4A73%,U:#!M2UA3>C9V
M<#9:8U-7:E=K:W=K+V9"=E-22F971DEX5U)3>')1-'$Y:W=+.$@X,"M8+WI!
M,6984$U.:B8C>$$[839F3DAA*V0W;C!98G1P8FU+3WIJ,$-1<6MK-W)!-'1L
M=7A%1$52>CE7;RMZ6$975"]L9DPU=75V3E=P95ED6C!U-# K,C@Q5W%Z<B8C
M>$$[8GII6EAT6DY,6DQ14GI1>4EQ=TY/<W!K44)M-7%P8F%L359E;S1Q-T98
M67$W1EA9<3=&6%EQ-T9867$W1EA9<3=&54YQ97 R1VPR128C>$$[*V]8.#97
M.6YB25I*<'!#1E961S5*2C)X5CAL9FTW+WIK8G)0;5=79E-F3$UK;6TV0CEH
M<F=%<&-824A5:VIE3D0R02M+;EAQ4FEM;B8C>$$[:6U+6%EQ-T98,&HO04TT
M+W0O>4-(>D-T96PU94=N>G-O4#9::V%B-F@W,FY.>5!U465B<#%R<U9B5E=D
M9VE!<WI%0E9!<5-4,$%'2R8C>$$[<V]S.5%V3D)K:6DP*V(P-314>75P1C-%
M:W R2VYS>4HY:V4Y4T]U86)56F5/6&LW1$9$:$0Q4'EH-31T3F-15S@T14=O
M<5!I:B]:928C>$$[;C=39C!Z2'!U6E)G5C)+<T<P+SAX-7)R>DU.3&%Z5F)7
M4UEW4G5#9E5"0C1H;3=D93-B1%-&9CAZ4$]&>#5C<SE(5S%M:G0W:E5T528C
M>$$[<S=A4V%5;T93,DTV9E='+V5$:5-5*T1X*TQK3VQ117!"6BMF3EDP>GE(
M9#-/<EA5;SAZ<$1A1&YQ5&%E=&Y(4&9X+W4U635R2VM2="8C>$$[55E/,S=X
M*UI64&1A<7%8;#,X>79-4C%446]0350R.7)P1W R,FUZ5T]O>$PV:C-K,3=:
M,$U5<7AE;TEV57576FQC<D=O15I88T=U2R8C>$$[=E9S5F5+*V%V>E4X,E<R
M<"MA9$XP;#-.,4I.0F(K5#!&:DQ.>F5Y9FAQ;UAJ1S,Q;F=5879P.'5(-UA(
M1EAS3VPV:F)A;G!L<'%6<28C>$$[,T\Q=EE9-VE"+T=/5D$V;F(R8D955&ER
M<U9D:7)S5F1I<G-69&ER<U9D:7)S5F1I<3)74T]+3G!*1T-X;T-Z365G03-*
M>%8T6#5K+R8C>$$[3T]'+S$V87I.=4QJ>7I1=TUT05I(<G,P=$0X3$Q3=G=.
M,4@P56Y%,'A)=#0Q*V%0-54O;V5%95I03'A&,S5B=68S:D-+<F96*U)O1"8C
M>$$[=G8V6D\R*S9N-%=O8UI2<F-C;55:9#=Z2$E-;EEQ-T98,$(O>FIV9DQ*
M-40X-5='+TLS<$]A+UIP8U<X:4-M+U@Y>'9T-%IK86(V:"8C>$$[-S)R3GE+
M<FTV9%DW1E4S,&E(-G1!9%-F*SE*361K1"]!1"]T>2\W04=I+S57+S=*>D,Q
M;6%H=VIQ-4]N>#-U6%IR2$U8=U1Z451*3B8C>$$[0S5J;&I)6DA5,$E)>%8W
M2#5).#)X-C5:96Q/=UA564)35D]N3F5Z<B](055S;G=+>'$P=2]*3&59,RMR
M<D5.65IM6#%1:D%&.2M81B8C>$$[<6-/4C,S2%A,5&AK23-7>D%41C!I9DYE
M=F%D<$YR1611,"ME+W1N8C%:=E-I:FM31DE'5G98;#E6:U=K8FQ3;U=R:R]:
M53 R<5IP5B8C>$$[<&UQ9FPQ6F%B<E=S-F):5VQR6F%$2F,R,3=D,C%V16Q7
M5TM+5V19=E1&6#4P:E5J.7!L03-O=4MQ96ME6B]Y-S$R.# R=W-R4T=E+R8C
M>$$[:E-Z=4E,4G)603EM;C%6-W$Q:W%2>%5223551TIM-$TO2&)L:7).8U99
M>G!D-S50,4AZ5G%/;#)U;GA$5U!+>G)+,#=7.&$K;$IQ>28C>$$[3E!).79*
M4V]A8F8Q:71+:S<Q>%9K5G)A,C%P8E)7=')%;'9A,C9,1D)"16]33DDP2$95
M4E9O1E912T%$1E941EA9<3=&6%EQ-T98628C>$$[<3=&6%EQ-T9867$W1EAK
M+S4V96,R<W)"4$QL;3E,:3E8;F5-2V=R0EA:9CEM9G=R:$-V0V-52B\U5C@Q
M>6%/,'1P9%)#.#!A.$)3."8C>$$[<VUO4E)X>%HP1&9$6&IS=T]Z1%DY:4I2
M;%-#1T=F;6(K5TDP84UE679,,6)V>71D;FMR<%9J8D9J5&<Y9FDT.'9H0F)C
M2#17,V]7128C>$$[;SE2>5I23'IJ27-N67$Y>2]W0V-C5"]Z<C-N=V5.=&)(
M-V\W=DPY3CE987,S,&Q-.#-B<D54<#EK,35D3$-'-$IU,'-P1E%K83=S>"8C
M>$$[*U$W9'IT:TUM45%J6EI1:GA':S!U<#%L:TAP<C9C16%I3T-0*U9&-D0U
M;G%X-VUP>E-3:UI'>3=)0VA3:FM5=7A61S9,<3%Z<$]P428C>$$[,S%U85!%
M9FE8<WEN-U-N-6I&6'9.:&5W6#%L1&1W1W-5-D(P4'-26$EP63-:+VPO6C(R
M=415+W)4=D=K:&UJ='EO0D16<4MV6&-!*R8C>$$[,EI-=%-41W%A:&DS=$8K
M8F1)=3E19E1(6%5R87ES<E<V4U,T=')U1G!O<FU5<W$R>45R4&)52WEK1D%E
M44PX9'%G6FI.<55A-S5B,"8C>$$[,E<R,7 W>GI"2%EA6$QF<F8S.&]%0W1B
M,TUC3G%T=7-K;'=:64%Q*VE*0W-K6'A&:TDT.&9I5E%A9FQN8C)S+VPR-7-D
M8D9H95=+828C>$$[9&)36%5%4U)3-FI(67A.-G-5:E)U:&M%.&-C6C1T>D-R
M2#!)-DMV43A6961A4D(U2#AV96%.4S%Y8GIB6D,X:VMV24YB:&UU-#%54R8C
M>$$[,U8R2G).1U(U,E-"<F%+3F]E2W%052LP9'AI<DYT4#AW841Q5GIC5W5N
M86QA,VPQ84=L,4)B>GAY>5)%-V9V1E)I5BMN1E5F:7)S5B8C>$$[9&ER<U9D
M:7)S5F1I<G-69&ER<U97>7EP1D4X<FUI4G%762MW1E1I<C5*.#$V-TQR=FU'
M*S%346MI-&Q*:4(R<$=.:T90.55$0VA+8R8C>$$[5F1I<61E5W9-."MI>7EX
M>5),96%89$M9-S=4-6%'3U9'2$4W14U!,40T97AQ34E+<TDO368X=DED259F
M35!L.6UU+TLQ-GA+3C%K="8C>$$[2D-D-$IH=E-H24-K*S-7<7-W25I!<T)W
M2F5Y+S@T-C-A<D(U>G-Y=S53-EE*=VTQ4TEE845J,DAR1#<X=C O,6AQ>F93
M5U%:=3-72B8C>$$[-FM0,4=Y1G5D<G$T0WE86&EQ9%DT=CA!:EIV96<V<FUQ
M,5=B:6Q1-4)Z<T=/:&964GI%8C-9<3=&6%EQ.4\O2VI71$IA,T]L4TYV028C
M>$$[9E9G0E W3$@T9T(W2&8V8T)5354P3'E2*UED="MA2C%/-$5I,G8Q;#5B
M;E5054)J;'0R66YH4W14>4=W5VTS=%1&6'!0;E!16F17="8C>$$[.4QA0TYP
M8FEW,5-X=D5!:TUA<6M.>D<P>G-V2E5F:D5';T=".70X0U5I9GDQ93)D:C5K
M,"M04V)M-W0Y5#%),SER3$A.87E32T%L;28C>$$[4%92<C4U4C9Y>7)*2D5(
M6&I74&-R.$9656@P;GE,-74P3%AD1C%Z5#=&2C=U-6@P<3,X=U<X,#9.8G=E
M;F)M,G5*8F1E8V)C-V5+228C>$$[2W)-6DLK<3-%57)1<3EC=TLX4C%F>4@U
M.6LQ=5<X=&],-%)186IQ13%T2D,K;#@T-'(R4S9:5W1"33%'4U%42C9W=5!J
M2"LV+UEQ;B8C>$$[+W=#5U!L1'I0;VUS039L8E-W5VM%3CE#1F0W5C=69EAU
M-#4T4EI'1FIC;%=535I0<DER541J459W2SE0>%8R2W5X5C)+=7A6,DMU>"8C
M>$$[5C)+=7A6,DMS5"].6%9',#=Y2'%S<3$U>E)I,U5G,$E->D)++U%$:7(U
M9'=O9&ER<U9D:7%:-D1R<S)L5'E";VMU.5!U;#E,54Y0;28C>$$[,VEN:4E)
M2W-$5VA!63A7<'0W9VM%<7=R.'=V26-';$)D93!!=F-E5TQX*TMC:GEL=$IJ
M=6)E9G%25#EH:C%(8SE30T=12V,O.#0K;28C>$$[;78X06U4,SAV6&XO04-E
M9WDS5"]!1FHS<TTS,&PV3F\Q<6Y*-RMD43!&<U(V84U+:5-9-V]H2&12.7!V
M8F)U33)E<7IC16%(375$:"8C>$$[>#A2=F]Q>4\X:G1)-T9N8VQM63=K:S=K
M;DY1-3=72W5X5C)+=7A6:U@U9C-P=%!.5G!U1E-F;$,U4&<T,B\T641%<3E$
M=%!-=6]Y-B8C>$$[,DQ6;S$Y1G!$2#990C5+06%6<C=5,WDK5TE#3G-"33)Y
M:DU:<V5086(U:'5P9DQ/=C(U,4]7-3%387IG93-G93AU1FQJ,6PU1VEU628C
M>$$[56%.-#5K:6AN;'1G.&-:055.4VYX54I62#-'=&594$MV;FI4.4PQ9E5P
M-R]!371Y>5=&<'!34B]V3'!:-VE#4S%4-C=)+W!T26MR>"8C>$$[>E-T.%5J
M8VM59T1P9U8V;&ER>E0X=F15,4<V.#EE64E*<G5394=+5R]$4F986G)O2U4Q
M0FMH16QV2CA&;55I1DDQ:C)K6#1U,DMV4R8C>$$[.%9D:7)S5F1I<G-69&ER
M<U9D:7)S5F1I<G-6965F;F1A-FIE958W97IS;$1T3&-Q,'%S-E)J:6ES97)L
M9#8P,GE566LX:T5G4$1'."8C>$$[;V590E0O4C!.96Q*;T0K<#AN-&-U-&\T
M:#-Q8F569DUG+S96='=X+VQ73FUB-VQQ8VE9;$YR1#5B.'A!5D]L,UE(:5E*
M9CA!;6Y!<28C>$$[;DIO;7129VU3=W5504935VAK1S-J=4U#;U=3,VYJ04UK
M8DE$<T-Y:V9R>%98,"]52',S:U9O,75,4S18,#=U>FQ&67!O>C%6>"MO.28C
M>$$[4FEQ82]L<C52:3 W>F)Q5C-O<&%84CE7,&TX=%EL:V(Y-6%Z='=K145Z
M57!1*VUE1#=":%AU<$=766E"249'5&5*1$MB;#16161R8B8C>$$[;71T8F=Q
M:E5P>EDO8FM).%A0,T-G-UEC=5%Z;%I9=VIW:6Q$2S)B<U9D:7)S5F1I<4TP
M5GEM<U=,1'%T>$5F*TA'2W,Q,'(X*U!Y-R8C>$$[,4AZ-C-L4S)79&1385IR
M5U!51VA28F576D-163%F;#9M-5=I:W!1+V155U4P>EAZ2#5J:C!23$%T8E,S
M1&%H93(Q:6YP<3-#4#9Z328C>$$[<UAQ4T]&6E5#.#EQ+V%/=W=+;' X+S)3
M84XU9S%75S!N:F@P2S9E>E-",5I*-VU54E).1W%2=49+;6%39%5J0C8W2'9I
M<4,X<V9M;"8C>$$[<'9M2%8W9E(W4WEN:C%%,C%T95AQ=E0P-&],<3!&>4A2
M>'4O0C5)-&IY5DML<6EO1TMS,GA69TYN*V(R:B]P,BLP,U4Q:'1)<F$V;28C
M>$$[<S1P8F5A4SAL16M%>GA5=319-%%B8C%&:6%60WI-=D)767-!359:25!/
M4&PU=$146$5U2&946DIH8DDV451T2C9X;BMR96XV0V]:9R8C>$$[=VTK06IH
M=#-X5DEO9GIE.&]Z86\Y=6LW1%0T-TU88F%G,%9Y;S5%5%-E;G=-4#A!=FDQ
M95=R34]3,#1H9V$T<7(V:BMA6&QE,U!O,B8C>$$[<W-L,69F6%EB1#9O66)I
M23%L=6AA=DQY94MN<%)S2"]!2&XR0U8T.'%N1E932#AZ4$Q6-V8V4%IA5DLQ
M.4IQ,#=19VE/85 P;S%G:R8C>$$[;45R.#1X45 V631"=5!-2&MT44U66EII
M<G-69&ER<U9D:7)S5F1I<D1F>E!2:F\Y<W<V3%!V.$%3:EIL-E0V:3 U=51Z
M5$YG-'IS5B8C>$$[9&ER87-Y<T=5;%='-$DR27=*5E9V8C%34W1X27!056@R
M1F9X>4IG3S5015A.9EAR0VI816A(9UA9+WAX.$]08T8T:C-Q9W4W:4]X=B8C
M>$$[2GI+.5A15S1.4V0U5%5G,3=&16)-8E5I26IS1S-%4U-K=5E493=&6%EQ
M-T9867$W1E58;S1*,6%Y039M-&E!+S1-67%Z4%-0>4,X9R8C>$$[-EHU*V)Z
M8F)Y,T0S<7IV9'<V93AI1T-+9'E36$%#:50T4V%Q0S(R0VLR.4,Q8E-B8E9)
M25E,:&Y626)M,W4P2T5!*W!A>DQ/9TY19B8C>$$[:$Q2:79T9U9H=#!024]P
M5W5R6#!U<%AK;&=B.5IB,D=%6$5,9EA::$):,C!L=5E9-#=P=#11<TIH67$U
M6G9T9D1X5E5O+TQ8-65A<R8C>$$[9DQ-1G1R16QZ2F\S-DTO4E5C53934T%7
M,79,8S(S<D1G>DHY66=Q-T4X95%6845D,5AO;4MS2&ES9DEE=6,Y06EV<$QP
M-&13,5=E928C>$$[,T919G),0C0W-DIY67=/2T15.6@Q,U5G;F9&54DK9V9L
M=C5F.'4R0U-&<$ER83E&=$)F5S%Q2C=X-7)3-V4X83)+,E9U4TDP;&=F:R8C
M>$$[:5)H448W9&-6461T*U50:U)R1S P-G@Q5SAI4SET>$YA*VDY<W)45W--
M57-*-&HP3TA%>&%J4FEQ:&I53EAL>4I65$,T+TQ8>6EF328C>$$[5G50<C$U
M1'%R.'(Q23!A3VMK14=O9EA:15ET0W=#9E=B;$LP26%G5V@R2DMQ2C!(.'!0
M3&UH6&5M,TYH8UAA2%1'-4I%5$%)-65-8R8C>$$[:U51;%995B]U;&YF:G<T
M:VMK=GE*2GA6;3)+=7A6,DMU>%8R2W5X5C)+<V8X.3)J6$AL;34T:7!H2WDO
M46@S+T%!>2]4;7!H<GEJ,"8C>$$[=DES,FII3WA6,DMU>%8R2W5X5G955SE/
M>7193VAK-7IT-V=N,#%"*UAP<V9P>E@V<59Y<'EC43)3-TU:=&1I<G-69&ER
M<U9D:7%E928C>$$[4TQ,-C4U;W-)>79*16LY5B]94FIL6#=W359E=GAA6DUL
M-S9P8V-!>&%U.50W6DEZ,E)36EI7>65B46514$Y%3VY45VXK:'1):V5N=R8C
M>$$[,DYX2&13>'E"9$AU:%!A>4YZ=' Q1'E#4U%U0W)+<%96;S19;%-Q:EEF
M;%IR96IA;F]M<6%(9%=S1V]7.$]N5VUU,U5N3GID45%2*R8C>$$[;F5C561*
M15%S<U50<"MN=U R<7-/-%8V9FER>4Q69GEC,7%8>D(K;#=75WIU24IP9%-L
M=CE*=5AD8F4U83=V0DYB;5%I2U4Q5TEG=B8C>$$[=#EU3TU#;W%15E17>"]+
M=3A(;&UW,$LY=6Q0,696<FY53'DO=%IP<F4T=45U26)H4%5,>$-.>$YZ=49$
M1&Q1<74U;V5/0E=)860K4B8C>$$[,VY:3&DV=6)Y8E,T-5IR5C19:&)39D-K
M:GEQ-W-G87A#05-2=W)%+TY(2E9J5W%G2FA6;#,U8R]L<G)(;&Y7-')Y.49L
M24ED3V5Y:R8C>$$[=C1:2EI,=31A4U-",%=B,4EK*T,S5T5X>&YM4U9P<T]M
M0EAP3TMU>%8R2W5X5C)+=7A6,DMU>%94=7)E3S1T<%E*0E9*5DM-1#1-2R8C
M>$$[65%A3F])94<S.6Y,6EAS.7!+4&IH8V]E,6%(62]4;31J2WAB:$555D1*
M261I<G-69&ER87%Z34955EIJ441X2G=*5618:U8Y46U#528C>$$[2U)%46]W
M3E%6:4%J1&8W3&I83E1/5FML>D%+0T5Y2UA9<3=&6%EQ-T9867$Y12]+8E-3
M6F)V5EA86E(V14HY>CA4+W=W1E$Y2G=*9"8C>$$[:7)S5F1I<G-69&ER<U9D
M:7)S5F1I<G-69&ER<U9D:7)S5F1I<G-69&ER>C,X>61#2WE*<3A++T,Q23=M
M9S9(.6QJ=#E'6C)L>69W=28C>$$[4&UJ,5E*;6$P3WA6,DMU>%9%5TQE;$UB
M;EEF5FMA644Y3V%J.3-8-7EC4FQ785923%!'3$M4-7$S3&1I<G-69&ER<U9D
M:7%R85=K.28C>$$[,V125W1U<&5A6F=I2T\U3TMV961#,&U(4V1*=#='3'!%
M=GAT+TTU,UIV<$]24VHX5F1I<G-69&ER<U9D:7)S5F1I<G-69&ER<U9D:28C
M>$$[<G-69&ER<U9D:7)S5F1I<6QD,G-&,V)35S V.#1P5DMU<#A$:&E31%E1
M4F)X>GI(;T9Z;S$K,$1G=$$Q5&)Y;F]Y+U!X2&9.<FEY0R8C>$$[671X2GAO
M<%9L<D(R2W5X5E5M9C!T3&M04G)M45)J,U-0-#-(+T)'4$U05E,U0G9W:G%L
M95E493=&6%EQ-T9867$W1EAQ6#5D950R<R8C>$$[;WAQ,2](4S9L6"]2;VU'
M.&%(.6\K1$XK1T%Q>G9!;#)+=7A6,DMU>%8R2W5X5C)+=7A6,DMU>%8R2W5X
M5C)+=7A6,DMU>%8R2W5X5B8C>$$[,DMO3%=.2'-T5W-M=$QT2V]D,&-F85)U
M>DMF2$IW;5EM=WAL14502F9-2&QR54Y&=4-K-C@W9&EF4W5&2'=S4&9W4'1M
M>G@U4DUB3R8C>$$[3$M"0U4U87=D:7)7<G1X3G9B0W8W<4I79G=,>2]V2VHO
M67-O*VI.6FYL8VDU94U514)L3$XR2W5X5C)+<F\T-4I(5T].4SAJ;6EO;R8C
M>$$[2DI*-D%!67$Y2CAL9FPU-DI456194W-O;S!&<C%#+S54*R]G34)+=E%G
M04)18D%D0F=3-T9867$W1EA9<3=&6%EQ-T9867$W1EA9<28C>$$[-T9867$W
M1EA9<3=&6%EQ-T9867$W1EA9<3=&5D\U=')E-6AA1S1J5U=*.6U2:%5(0T-2
M>55H9W5U9FQO0U1.<$5G6'AT<%1T+W-7+R8C>$$[<FU::C%F.$%/84I9935I
M375H86QB6&MD=F5W4&)H,U97:UEF0T%4=658,F1H=C%Z2SA72D9G=%A!8E-3
M.'50<DXS3F-5-"MQ-T]&."8C>$$[07AQ0CE'87-L>6Q(06PR2W)O;W!:6$5C
M4TY)-V1%545K+U%-5EI0;W8U9&593E)+=DY(.5-T>E$X-79T14AW5'(Y.4UB
M5C9.-64X;28C>$$[84YO9T1W<#8Q,3-U6DXR+S)06F9O>4YP5#=&6%EQ-T98
M67$W1EA9<3=&6%EQ-T9867$W1EA9<3=&6%EQ-T9867$W1EA9<3=&6%EQ-R8C
M>$$[1EA9<3=&6%EQ-T96:S-O*VUF5S0K;C,U,' K3TMS4S%4+VQ7;%I0<E@Q
M4#%++T@V6#(V+S@X.$M%9U O04-Q4W4S<E5R,BMS52](1B8C>$$[561P=B]+
M<4]8=V-++W=$3'HV=% K2#)X5FPK:V8T93E)9F]R-G0V9&1V431D9F]W2E1,
M1EA9<3=&6%EQ-T98+S)1/3T\+WAM<$=);6<Z:6UA9V4^"B @(" @(" @(" @
M(" @(#PO<F1F.FQI/@H@(" @(" @(" @(" \+W)D9CI!;'0^"B @(" @(" @
M(#PO>&UP.E1H=6UB;F%I;',^"B @(" @(#PO<F1F.D1E<V-R:7!T:6]N/@H@
M(" @(" \<F1F.D1E<V-R:7!T:6]N(')D9CIA8F]U=#TB(@H@(" @(" @(" @
M("!X;6QN<SIX;7!-33TB:'1T<#HO+VYS+F%D;V)E+F-O;2]X87 O,2XP+VUM
M+R(*(" @(" @(" @(" @>&UL;G,Z<W12968](FAT=' Z+R]N<RYA9&]B92YC
M;VTO>&%P+S$N,"]S5'EP92]297-O=7)C95)E9B,B"B @(" @(" @(" @('AM
M;&YS.G-T179T/2)H='1P.B\O;G,N861O8F4N8V]M+WAA<"\Q+C O<U1Y<&4O
M4F5S;W5R8V5%=F5N=",B/@H@(" @(" @(" \>&UP34TZ1&]C=6UE;G1)1#YX
M;7 N9&ED.CDS,#8U,$$W-3 U,44W,3%!.3@P0C-"-3@R,T$P-#1#/"]X;7!-
M33I$;V-U;65N=$E$/@H@(" @(" @(" \>&UP34TZ26YS=&%N8V5)1#YX;7 N
M:6ED.CDS,#8U,$$W-3 U,44W,3%!.3@P0C-"-3@R,T$P-#1#/"]X;7!-33I)
M;G-T86YC94E$/@H@(" @(" @(" \>&UP34TZ3W)I9VEN86Q$;V-U;65N=$E$
M/G5U:60Z,S(Y04(R,$4S.44Q1$(Q,3DX1C8X13-!,T,P,D5#-#D\+WAM<$U-
M.D]R:6=I;F%L1&]C=6UE;G1)1#X*(" @(" @(" @/'AM<$U-.E)E;F1I=&EO
M;D-L87-S/G!R;V]F.G!D9CPO>&UP34TZ4F5N9&ET:6]N0VQA<W,^"B @(" @
M(" @(#QX;7!-33I$97)I=F5D1G)O;2!R9&8Z<&%R<V54>7!E/2)297-O=7)C
M92(^"B @(" @(" @(" @(#QS=%)E9CII;G-T86YC94E$/G5U:60Z,CDQ,3DU
M9C4M93AC-"TT.6-B+6)C,#4M,V-D8S,T-S<W8SDV/"]S=%)E9CII;G-T86YC
M94E$/@H@(" @(" @(" @(" \<W12968Z9&]C=6UE;G1)1#YX;7 N9&ED.C4T
M039&1#)#-C0T0D4W,3$Y1C<S038Y1C0P-C4V-$8P/"]S=%)E9CID;V-U;65N
M=$E$/@H@(" @(" @(" @(" \<W12968Z;W)I9VEN86Q$;V-U;65N=$E$/G5U
M:60Z,S(Y04(R,$4S.44Q1$(Q,3DX1C8X13-!,T,P,D5#-#D\+W-T4F5F.F]R
M:6=I;F%L1&]C=6UE;G1)1#X*(" @(" @(" @(" @/'-T4F5F.G)E;F1I=&EO
M;D-L87-S/G!R;V]F.G!D9CPO<W12968Z<F5N9&ET:6]N0VQA<W,^"B @(" @
M(" @(#PO>&UP34TZ1&5R:79E9$9R;VT^"B @(" @(" @(#QX;7!-33I(:7-T
M;W)Y/@H@(" @(" @(" @(" \<F1F.E-E<3X*(" @(" @(" @(" @(" @/')D
M9CIL:2!R9&8Z<&%R<V54>7!E/2)297-O=7)C92(^"B @(" @(" @(" @(" @
M(" @(#QS=$5V=#IA8W1I;VX^<V%V960\+W-T179T.F%C=&EO;CX*(" @(" @
M(" @(" @(" @(" @/'-T179T.FEN<W1A;F-E240^>&UP+FEI9#HQ,C-#13=%
M1CA"-#E%,#$Q.$0P,S@Q0S=!14(T0S9!1#PO<W1%=G0Z:6YS=&%N8V5)1#X*
M(" @(" @(" @(" @(" @(" @/'-T179T.G=H96X^,C Q,2TP,RTP.%0P.#HU
M-SHR,"TP-3HP,#PO<W1%=G0Z=VAE;CX*(" @(" @(" @(" @(" @(" @/'-T
M179T.G-O9G1W87)E06=E;G0^061O8F4@26QL=7-T<F%T;W(@0U,U/"]S=$5V
M=#IS;V9T=V%R94%G96YT/@H@(" @(" @(" @(" @(" @(" \<W1%=G0Z8VAA
M;F=E9#XO/"]S=$5V=#IC:&%N9V5D/@H@(" @(" @(" @(" @(" \+W)D9CIL
M:3X*(" @(" @(" @(" @(" @/')D9CIL:2!R9&8Z<&%R<V54>7!E/2)297-O
M=7)C92(^"B @(" @(" @(" @(" @(" @(#QS=$5V=#IA8W1I;VX^<V%V960\
M+W-T179T.F%C=&EO;CX*(" @(" @(" @(" @(" @(" @/'-T179T.FEN<W1A
M;F-E240^>&UP+FEI9#HY,S V-3!!-S4P-3%%-S$Q03DX,$(S0C4X,C-!,#0T
M0SPO<W1%=G0Z:6YS=&%N8V5)1#X*(" @(" @(" @(" @(" @(" @/'-T179T
M.G=H96X^,C Q-RTP-BTQ-%0Q.#HR-SHS,"TP-#HP,#PO<W1%=G0Z=VAE;CX*
M(" @(" @(" @(" @(" @(" @/'-T179T.G-O9G1W87)E06=E;G0^061O8F4@
M26QL=7-T<F%T;W(@0U,V("A7:6YD;W=S*3PO<W1%=G0Z<V]F='=A<F5!9V5N
M=#X*(" @(" @(" @(" @(" @(" @/'-T179T.F-H86YG960^+SPO<W1%=G0Z
M8VAA;F=E9#X*(" @(" @(" @(" @(" @/"]R9&8Z;&D^"B @(" @(" @(" @
M(#PO<F1F.E-E<3X*(" @(" @(" @/"]X;7!-33I(:7-T;W)Y/@H@(" @(" \
M+W)D9CI$97-C<FEP=&EO;CX*(" @(" @/')D9CI$97-C<FEP=&EO;B!R9&8Z
M86)O=70](B(*(" @(" @(" @(" @>&UL;G,Z<&1F/2)H='1P.B\O;G,N861O
M8F4N8V]M+W!D9B\Q+C,O(CX*(" @(" @(" @/'!D9CI0<F]D=6-E<CY!9&]B
M92!01$8@;&EB<F%R>2 Q,"XP,3PO<&1F.E!R;V1U8V5R/@H@(" @(" \+W)D
M9CI$97-C<FEP=&EO;CX*(" @(" @/')D9CI$97-C<FEP=&EO;B!R9&8Z86)O
M=70](B(*(" @(" @(" @(" @>&UL;G,Z>&UP5%!G/2)H='1P.B\O;G,N861O
M8F4N8V]M+WAA<"\Q+C O="]P9R\B"B @(" @(" @(" @('AM;&YS.G-T1&EM
M/2)H='1P.B\O;G,N861O8F4N8V]M+WAA<"\Q+C O<U1Y<&4O1&EM96YS:6]N
M<R,B"B @(" @(" @(" @('AM;&YS.G-T1FYT/2)H='1P.B\O;G,N861O8F4N
M8V]M+WAA<"\Q+C O<U1Y<&4O1F]N=",B"B @(" @(" @(" @('AM;&YS.GAM
M<$<](FAT=' Z+R]N<RYA9&]B92YC;VTO>&%P+S$N,"]G+R(^"B @(" @(" @
M(#QX;7!44&<Z3E!A9V5S/C$\+WAM<%109SI.4&%G97,^"B @(" @(" @(#QX
M;7!44&<Z2&%S5FES:6)L951R86YS<&%R96YC>3Y&86QS93PO>&UP5%!G.DAA
M<U9I<VEB;&54<F%N<W!A<F5N8WD^"B @(" @(" @(#QX;7!44&<Z2&%S5FES
M:6)L94]V97)P<FEN=#Y4<G5E/"]X;7!44&<Z2&%S5FES:6)L94]V97)P<FEN
M=#X*(" @(" @(" @/'AM<%109SI-87A086=E4VEZ92!R9&8Z<&%R<V54>7!E
M/2)297-O=7)C92(^"B @(" @(" @(" @(#QS=$1I;3IW/C8Q,BXP,# P,# \
M+W-T1&EM.G<^"B @(" @(" @(" @(#QS=$1I;3IH/C<Y,BXP,# P,# \+W-T
M1&EM.F@^"B @(" @(" @(" @(#QS=$1I;3IU;FET/E!O:6YT<SPO<W1$:6TZ
M=6YI=#X*(" @(" @(" @/"]X;7!44&<Z36%X4&%G95-I>F4^"B @(" @(" @
M(#QX;7!44&<Z1F]N=',^"B @(" @(" @(" @(#QR9&8Z0F%G/@H@(" @(" @
M(" @(" @(" \<F1F.FQI(')D9CIP87)S951Y<&4](E)E<V]U<F-E(CX*(" @
M(" @(" @(" @(" @(" @/'-T1FYT.F9O;G1.86UE/DAE;'9E=&EC82U#;VYD
M96YS960M3&EG:'0\+W-T1FYT.F9O;G1.86UE/@H@(" @(" @(" @(" @(" @
M(" \<W1&;G0Z9F]N=$9A;6EL>3Y(96QV971I8V$\+W-T1FYT.F9O;G1&86UI
M;'D^"B @(" @(" @(" @(" @(" @(#QS=$9N=#IF;VYT1F%C93Y,:6=H="!#
M;VYD96YS960\+W-T1FYT.F9O;G1&86-E/@H@(" @(" @(" @(" @(" @(" \
M<W1&;G0Z9F]N=%1Y<&4^5'EP92 Q/"]S=$9N=#IF;VYT5'EP93X*(" @(" @
M(" @(" @(" @(" @/'-T1FYT.G9E<G-I;VY3=')I;F<^,# Q+C P,SPO<W1&
M;G0Z=F5R<VEO;E-T<FEN9SX*(" @(" @(" @(" @(" @(" @/'-T1FYT.F-O
M;7!O<VET93Y&86QS93PO<W1&;G0Z8V]M<&]S:71E/@H@(" @(" @(" @(" @
M(" @(" \<W1&;G0Z9F]N=$9I;&5.86UE/DA60TQ?7U]?+E!&0CL@2%9#3%]?
M7U\N4$9-/"]S=$9N=#IF;VYT1FEL94YA;64^"B @(" @(" @(" @(" @(#PO
M<F1F.FQI/@H@(" @(" @(" @(" @(" \<F1F.FQI(')D9CIP87)S951Y<&4]
M(E)E<V]U<F-E(CX*(" @(" @(" @(" @(" @(" @/'-T1FYT.F9O;G1.86UE
M/DAE;'9E=&EC84YE=64M3&EG:'1#;VYD/"]S=$9N=#IF;VYT3F%M93X*(" @
M(" @(" @(" @(" @(" @/'-T1FYT.F9O;G1&86UI;'D^2&5L=F5T:6-A($YE
M=64\+W-T1FYT.F9O;G1&86UI;'D^"B @(" @(" @(" @(" @(" @(#QS=$9N
M=#IF;VYT1F%C93XT-R!,:6=H="!#;VYD96YS960\+W-T1FYT.F9O;G1&86-E
M/@H@(" @(" @(" @(" @(" @(" \<W1&;G0Z9F]N=%1Y<&4^5'EP92 Q/"]S
M=$9N=#IF;VYT5'EP93X*(" @(" @(" @(" @(" @(" @/'-T1FYT.G9E<G-I
M;VY3=')I;F<^,# Q+C P,#PO<W1&;G0Z=F5R<VEO;E-T<FEN9SX*(" @(" @
M(" @(" @(" @(" @/'-T1FYT.F-O;7!O<VET93Y&86QS93PO<W1&;G0Z8V]M
M<&]S:71E/@H@(" @(" @(" @(" @(" @(" \<W1&;G0Z9F]N=$9I;&5.86UE
M/DA,3$-?7U]?+E!&0CL@2$Q,0U]?7U\N4$9-/"]S=$9N=#IF;VYT1FEL94YA
M;64^"B @(" @(" @(" @(" @(#PO<F1F.FQI/@H@(" @(" @(" @(" @(" \
M<F1F.FQI(')D9CIP87)S951Y<&4](E)E<V]U<F-E(CX*(" @(" @(" @(" @
M(" @(" @/'-T1FYT.F9O;G1.86UE/DAE;'9E=&EC84YE=64M365D:75M0V]N
M9#PO<W1&;G0Z9F]N=$YA;64^"B @(" @(" @(" @(" @(" @(#QS=$9N=#IF
M;VYT1F%M:6QY/DAE;'9E=&EC82!.975E/"]S=$9N=#IF;VYT1F%M:6QY/@H@
M(" @(" @(" @(" @(" @(" \<W1&;G0Z9F]N=$9A8V4^-C<@365D:75M($-O
M;F1E;G-E9#PO<W1&;G0Z9F]N=$9A8V4^"B @(" @(" @(" @(" @(" @(#QS
M=$9N=#IF;VYT5'EP93Y4>7!E(#$\+W-T1FYT.F9O;G14>7!E/@H@(" @(" @
M(" @(" @(" @(" \<W1&;G0Z=F5R<VEO;E-T<FEN9SXP,#$N,# P/"]S=$9N
M=#IV97)S:6]N4W1R:6YG/@H@(" @(" @(" @(" @(" @(" \<W1&;G0Z8V]M
M<&]S:71E/D9A;'-E/"]S=$9N=#IC;VUP;W-I=&4^"B @(" @(" @(" @(" @
M(" @(#QS=$9N=#IF;VYT1FEL94YA;64^2$Q-0U]?7U\N4$9".R!(3$U#7U]?
M7RY01DT\+W-T1FYT.F9O;G1&:6QE3F%M93X*(" @(" @(" @(" @(" @/"]R
M9&8Z;&D^"B @(" @(" @(" @(#PO<F1F.D)A9SX*(" @(" @(" @/"]X;7!4
M4&<Z1F]N=',^"B @(" @(" @(#QX;7!44&<Z4&QA=&5.86UE<SX*(" @(" @
M(" @(" @/')D9CI397$^"B @(" @(" @(" @(" @(#QR9&8Z;&D^0FQA8VL\
M+W)D9CIL:3X*(" @(" @(" @(" @(" @/')D9CIL:3Y004Y43TY%(#<V.#(@
M0SPO<F1F.FQI/@H@(" @(" @(" @(" \+W)D9CI397$^"B @(" @(" @(#PO
M>&UP5%!G.E!L871E3F%M97,^"B @(" @(" @(#QX;7!44&<Z4W=A=&-H1W)O
M=7!S/@H@(" @(" @(" @(" \<F1F.E-E<3X*(" @(" @(" @(" @(" @/')D
M9CIL:2!R9&8Z<&%R<V54>7!E/2)297-O=7)C92(^"B @(" @(" @(" @(" @
M(" @(#QX;7!'.F=R;W5P3F%M93Y$969A=6QT(%-W871C:"!'<F]U<#PO>&UP
M1SIG<F]U<$YA;64^"B @(" @(" @(" @(" @(" @(#QX;7!'.F=R;W5P5'EP
M93XP/"]X;7!'.F=R;W5P5'EP93X*(" @(" @(" @(" @(" @(" @/'AM<$<Z
M0V]L;W)A;G1S/@H@(" @(" @(" @(" @(" @(" @(" \<F1F.E-E<3X*(" @
M(" @(" @(" @(" @(" @(" @(" @/')D9CIL:2!R9&8Z<&%R<V54>7!E/2)2
M97-O=7)C92(^"B @(" @(" @(" @(" @(" @(" @(" @(" @(#QX;7!'.G-W
M871C:$YA;64^4$%.5$].12 W-C@R($,\+WAM<$<Z<W=A=&-H3F%M93X*(" @
M(" @(" @(" @(" @(" @(" @(" @(" @/'AM<$<Z='EP93Y34$]4/"]X;7!'
M.G1Y<&4^"B @(" @(" @(" @(" @(" @(" @(" @(" @(#QX;7!'.G1I;G0^
M,3 P+C P,# P,#PO>&UP1SIT:6YT/@H@(" @(" @(" @(" @(" @(" @(" @
M(" @(" \>&UP1SIM;V1E/DQ!0CPO>&UP1SIM;V1E/@H@(" @(" @(" @(" @
M(" @(" @(" @(" @(" \>&UP1SI,/C4U+C(Y-# Y.#PO>&UP1SI,/@H@(" @
M(" @(" @(" @(" @(" @(" @(" @(" \>&UP1SI!/BTQ/"]X;7!'.D$^"B @
M(" @(" @(" @(" @(" @(" @(" @(" @(#QX;7!'.D(^+3,P/"]X;7!'.D(^
M"B @(" @(" @(" @(" @(" @(" @(" @(#PO<F1F.FQI/@H@(" @(" @(" @
M(" @(" @(" @(" \+W)D9CI397$^"B @(" @(" @(" @(" @(" @(#PO>&UP
M1SI#;VQO<F%N=',^"B @(" @(" @(" @(" @(#PO<F1F.FQI/@H@(" @(" @
M(" @(" \+W)D9CI397$^"B @(" @(" @(#PO>&UP5%!G.E-W871C:$=R;W5P
M<SX*(" @(" @/"]R9&8Z1&5S8W)I<'1I;VX^"B @(" @(#QR9&8Z1&5S8W)I
M<'1I;VX@<F1F.F%B;W5T/2(B"B @(" @(" @(" @('AM;&YS.D5X=&5N<VES
M1F]N=%-E;G-E/2)H='1P.B\O=W=W+F5X=&5N<VES+F-O;2]M971A+T9O;G13
M96YS92\B/@H@(" @(" @(" \17AT96YS:7-&;VYT4V5N<V4Z<VQU9SX*(" @
M(" @(" @(" @/')D9CI"86<^"B @(" @(" @(" @(" @(#QR9&8Z;&D@<F1F
M.G!A<G-E5'EP93TB4F5S;W5R8V4B/@H@(" @(" @(" @(" @(" @(" \17AT
M96YS:7-&;VYT4V5N<V4Z4&]S=%-C<FEP=$YA;64^2&5L=F5T:6-A3F5U92U-
M961I=6U#;VYD/"]%>'1E;G-I<T9O;G1396YS93I0;W-T4V-R:7!T3F%M93X*
M(" @(" @(" @(" @(" @/"]R9&8Z;&D^"B @(" @(" @(" @(" @(#QR9&8Z
M;&D@<F1F.G!A<G-E5'EP93TB4F5S;W5R8V4B/@H@(" @(" @(" @(" @(" @
M(" \17AT96YS:7-&;VYT4V5N<V4Z4&]S=%-C<FEP=$YA;64^2&5L=F5T:6-A
M3F5U92U,:6=H=$-O;F0\+T5X=&5N<VES1F]N=%-E;G-E.E!O<W138W)I<'1.
M86UE/@H@(" @(" @(" @(" @(" \+W)D9CIL:3X*(" @(" @(" @(" @(" @
M/')D9CIL:2!R9&8Z<&%R<V54>7!E/2)297-O=7)C92(^"B @(" @(" @(" @
M(" @(" @(#Q%>'1E;G-I<T9O;G1396YS93I0;W-T4V-R:7!T3F%M93Y(96QV
M971I8V$M0V]N9&5N<V5D+4QI9VAT/"]%>'1E;G-I<T9O;G1396YS93I0;W-T
M4V-R:7!T3F%M93X*(" @(" @(" @(" @(" @/"]R9&8Z;&D^"B @(" @(" @
M(" @(#PO<F1F.D)A9SX*(" @(" @(" @/"]%>'1E;G-I<T9O;G1396YS93IS
M;'5G/@H@(" @(" \+W)D9CI$97-C<FEP=&EO;CX*(" @/"]R9&8Z4D1&/@H\
M+W@Z>&UP;65T83X*(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @
M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @
M(" @(" @(" @(" @(" @(" @(" @( H@(" @(" @(" @(" @(" @(" @(" @
M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @
M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @"B @(" @(" @(" @
M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @
M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" *
M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @
M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @
M(" @(" @(" @( H@(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @
M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @
M(" @(" @(" @(" @(" @(" @(" @"B @(" @(" @(" @(" @(" @(" @(" @
M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @
M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" *(" @(" @(" @(" @
M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @
M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @( H@
M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @
M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @
M(" @(" @(" @"B @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @
M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @
M(" @(" @(" @(" @(" @(" @(" *(" @(" @(" @(" @(" @(" @(" @(" @
M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @
M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @( H@(" @(" @(" @(" @
M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @
M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @"B @
M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @
M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @
M(" @(" @(" *(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @
M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @
M(" @(" @(" @(" @(" @(" @( H@(" @(" @(" @(" @(" @(" @(" @(" @
M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @
M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @"B @(" @(" @(" @(" @
M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @
M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" *(" @
M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @
M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @
M(" @(" @( H@(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @
M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @
M(" @(" @(" @(" @(" @(" @"B @(" @(" @(" @(" @(" @(" @(" @(" @
M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @
M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" *(" @(" @(" @(" @(" @
M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @
M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @( H@(" @
M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @
M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @
M(" @(" @"B @(" @(" @(" @(" @(" @(" @(" @(" @( H\/WAP86-K970@
M96YD/2)W(C\^_]L 0P ! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$!
M 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$!_]L 0P$! 0$! 0$!
M 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$!
M 0$! 0$! 0$! 0$!_\  $0@ J %( P$1  (1 0,1 ?_$ !\  0 " P$  P$!
M           '" 8)"@4" P0+ ?_$ #P0  $$ @(! P,"! 4" PD   4" P0&
M 0< "!$)$A,4%2$6,1<B,D$C,T)14@HE&"21&39#4V%C<7.!_\0 ' $!  $%
M 0$               $" P4&!P0(_\0 3!$  @$" P0'! 8&!0L% 0    $"
M Q$$(3$%$D%1!A-A<8&1\"*AL<$'%#)"<M$5(U)BX?$E,T."DA8D)E-SHZ2R
MM,+#-39$=(.S_]H # ,!  (1 Q$ /P#K^G^IAU+%2+LDI;+@-%TR+>YL6T3M
M9WR+4=A0]5;1KVE=J2M461X$D5L9G7.T+77ZG:5UJ1,PP^29*C_N(!#Q5L5;
MKY<N*XJZ[KK,S#9_?GK!IP/LD[L*]3@8S4N]ZKUON[^*I9IRANU;?KZG;5&B
MH[, 7(=(B(>N[P&MIZRP4/ 0 :,<EEI\5 $KF,(L\NU76FE[?'(S(YV[T77*
M3OO816RD6*MUHV-C56W9J*V=?> W7(?7YW[=!A-05RCL?[;L^G/?< [4R%[R
M#[/S?+ F)9"SR[<UXY$)CO4OZV2[^;UR2&;YJ)BK;+UYJ&V%[UUVW%3:;4M@
M[:*5<1K(!9[C8*E!KP-V]2[M4E5I\A.9CDH5A&$F7?M\CZE(;K]S>JT5[O7L
M?D26<[NZ%"::K6^6R%TL.O;OM5S3-%?J6N[C9[!>+S^NSVN!\>I540)DGS@D
M]9JV336ST2 H4?$Y@GA<J2&)CYL@$F_CP/%@>H-U8(P>N\]F]EH__BAV);]3
MZJ'E*+=@II6P]?VB10[Q5[H#, 8)?7Q"J[!81K\Q^LH89EBYSQ(%#KLLL.3)
M"S\N[BK^.6>1BM=]2?KC8;T;UVX+WQ5K#6]H:YTN?<O?7C<%)"!]H;;)T8=K
MNED#]CJ0\3%-VF-L>H6,;$=E)6[42?ZI\?98\B8V)W7V:7R:>7@S\M6]4;I9
M<]8UK;]<V@0)4:W:PV5MJOS6*/='"A"M:IVO1M'VH:U7F@;A[-R>VELFDU&M
M4K [-EM<^P0'*\.(17DOY$6?KS)45W6T7'T#L?L>5F74#0]0&359V<'.Z\MX
MS8E+M5?*#1)*L%M?OBL659E,@R'D06A\*;&+#"PTL)E31LV/*<"W#GIVD2%_
M5!ZJA8$:1*<W4^82:VT L%(@==]US]C4<EHVMT*Y[/3=Z!&I+ELK\6N4[:%!
MM29SPIR$7 V<80"OD&G<^T+/TUQ^))VM^\6C-P;5G:GU@UM&\3!::LHML !I
MW9,S30?%VT]5][U1)C;GZ<3113IS6EUJ1J#'(&8S[DFPBA"FDE);<7(6?JU^
M6FIAM3]2_II<=;47;XS;+</6VPYFX8H"VGJY9  QEK15-.;#V&4-J+"XKH,-
M$HM?EVP(4)-,1+,#EB)P!R>T8'YD!9WM;-</7>?K >HIUJ.[%"ZP=E[0KEA.
M&M4U1F=;=+;1K]3%7G=U!"[+U=KZUW";5DURF7JW56P"%#ZS;"(8B@[-CU.2
MVS:7V [KY"SU\=5SL>=4O4MZFW0L#$BK7<(F;A8-=!=?$SNLKX ![+&;7V*_
MJ2A7K7Q@L"BP;3KP[L9N-5F[? >4-BR3-8GS%1P]LK)$L%GZ[K_ Q(]ZM?12
MMZZ#[8*[;FM:_,Q+J0;LC5(N4F&.':_[#4[J[8R!I# 5;XB&C;U[ "QKTUIK
M!<"HA;1N)-<&3B+(G=?+X+A?CV?EJT6QIW86@;!N)FG4[[R9D5F_WG5UI+X@
MMP1 &]4&OU:S%@;RB,F*2)?5A[<-E#"@0:3"/?!.9DDXDAN,S*$6M\? G3@@
M< < < < < < < < < < < < < < < < < < < < < < < < YG=A^G!W>NHP
M'U^54-5L:JT5JGN- TMMN-L3W2]D; W5V,J6X:&.V/7Y UDW1*[*U_6(%6.S
MP@6[RA>Q\$BBFBM74-G)%:DEGG=[M[\DL_&Y)6Q/35[6]H[AMN=L0U1>O] W
MGL_LYNRPUJ)-&;I- S^Q>FVB^BFO*K.:D"@ !^9-UB.[#V<W:0TF0Y4\VZJB
MPBYY7[A/@B5)1M;.UER3M)R[];=CL^P^=8ZD>H5/ZU=INONQM6ZC(6?M'=J1
MMRP[<A[X<=BB;N-TYUJJMN$N4]S6_P!<2C$+KI>Q/0C6#\7*AAT?+?'H>COQ
MW!#DFXV^[EX)MW]^GO+A[EZ6[%V73O5KK_T]7D2.XU?K[^@G)!V7"6+O-,ZJ
MT375+L!Z;&AXDU6?6MS4P?80Y. N?)@-#!QQCVR6TQDB-[.#_9U[?:;^#,PW
MKTLFWWK)U"ZYT:,U4JUHK;'58O88E3O5LUR2!ZZTOF%&L3%%NU+F";@*L$6!
M%PD"0#& Q=Q].)""T20K+W 4K-MYMI]N;[S6>1]*[NE/J<L4%V-K^IRNN-4V
M GJS$GNM7*?LVZD?4#MW<6LE]C7@@.CGZ<;,"]2=1(]ZV1EFR7FXW2)L U;I
M)F2J82L0J4E?L>M^#W;-]NLK+NT+U7WIGN>T[.W?<X2*FP,V+ZC70_M.#9DG
MW<2VM9]>-;=9JOL5J>AL:MMFR(+:HM:00MMQY@K&P,?7.A_6J;CBE/\ Y6O-
MW-:U)]'7M?KP=3&*\2U:\+JW3W2:ETZ3;"46$ON)JOL9T?VK<0$(BU7934/6
M>TJ;TFJ$5=D1!]T"\G[*>(@Y&3,N4X*MY/6^KSM?V6FEQU5W\C8-;.K7;K:O
M17NSI38$G$W86[=HF;%HNJVS>!^\.TK5L^!J(D*H1?:SXB.3$SAUBK]]>S@.
MQ/'@IA-O%?)RQV(<K#G[O7>4W6\GRM?+6SUMIIW%6W_2AW??SA^7:')&LJ+8
M9O>"Q5NG5'M)N8YLFDENP6CNM&OZI'OV^V/TYL#<[=KV-JC8%RN0B\E;A70]
M5.UBB2<VNNA1X<1%L^Y-?#\B=Y997TO>*X-O):+@NW/F?;7^C'=JBSNS9NKZ
MRJB=J;RU+1*W0=HU_MQLG6^KM67*+Z?^GNLAZ46ZJ4\/$T[=&ZULNF68O5R\
MT(J?"!9K+X7(M5?"Q8$BZR3NTGGDKM7OKKI[^\P.X^B;NNV6(=J$IML7,Z_5
MG8$?<-"V$ ;B4*UU#88_IRSU^J2'=9!HLT 8KM,OVI-$W:> DE%!;WAVS*/P
MG/F)QB8;_&W"UM;J]WGYK+-<'RL<UU![L;4V78Y>VJ1IVG@]P]E>@W9[;%UK
M>U215RME^I.O],.W:F4*HIHV)Q?-TV?J;(^LF"YX"R-I!ITF30LO$2&EPN/;
M^21%TM/V9)>-U\'YD3,>FWW!(Z.K5%?@:IK&P.HO2G7?6KK+8V+Q+,"]L;6T
MQV$TMO;7VV3\=NK09&O:[]5UJUBE8N<HN<8,VJXQW&<#!,(D?DJWEX.3;LM+
MIJUKV>3]9H\B@>CKMFI,[!HQO.NK3J9NU^F"*U?7IQJ8XO.L]%[;U-M[NLW9
MF7A66\S[_9J:5E5V$TMS%D^EB*)R($@@XXP&^GF]7OW?.\6H^5_>;(_34ZG;
M4ZJ:JV72-Y&*]=[2OL1L.S:_N\&6X5+FM6_I.A:ZH5ALLB7"BO#[Y8:E184R
M\Q8ZGV,FY,Q3<N0R\GVBF3N[KEZY>O,V2\%(X X X X X X X X X X X X
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M/O,9REUANTU"#,U['?0YCXE-$;E"5\GE/C^1W*!6J<WI%^.7QL:J-B?]7YU
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MVK*W5L 9BR6-MTQL6;;J]>9)I@@V43/%L+LM6"SL"1DF(*0W%7#1#3$D2&7
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MLC,591$R&U+;;>A1$99:P(?/UEP\K&PO@@< < < < < < < < < < < < <
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MA;$MZ&+0PMQT>+)35.(1%\+"V5_ EKQ_?^_[>?\ \>?'_IYS_P"N> . . .
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M7F749QY\9;=1E#S*W&7$.*UMIIM---.S3R::U37!HSJ::33NGFFM&C%.02.
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M$W2EHL=VF6T\<,MY-3"*BQ U-*!KFS,MI]=M5[L%%0VU*["O,*<=%'1>;&+
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MK_!2?_F1Y3W1(.OS]!O<7C_C]YU[8(']_P#7]J*6'V^/WS[??_?QYSX\V)=
M=NQT>!G^'$35_P#'1C[[%:V_@'JL1'OIQ^51GG9Z&V!EUN2+W]IQEUAQ#S#L
MV)N<;*:=;5AQMQI0W5!=+;K:TI4A:)&,H7C"DKQG'GGGET'Z1+3#4)_AQ5#_
M +Y0+BVYLY_VM1=]*?R3+;:=ZLT(?L[9?:C;=YHYC:[&CCE%VV_J^/?TX[%U
MXM<M=.@C=U79J'2F*]M1NQ!*]6K)?X#I)R^ C'ZFL(I%ZK9$[?;-/9FW>BF+
MPVV:V#A2ZFI5IT)RQ&%JQ6(K8:O3IMPI5JDY;EY5=W<46H;LG%.ZNU<5@=LX
M6KLY5I3510G-*G5C+JJ=6G*:WIPC%;V4+[S:WKI.QYEA.D+,:(GBBVE324A3
M[B([2(T2,WA*6HL"!$:QAF$-'16V8(V!'2B- @1X\.,VVPPVA.!G.=2<ZE2<
MJE2I*4ZDY-N4YS;E.<F[MRE)N4FW=MMLR$8QA&,(148QBHQC%)1C&*LHI+))
M)))+)(\;E)4. . . . . . 27I9U;&XM3/-YSAQG9=$=;SC\YPMNTBEHSC'^
M^%8QXY$LXR78_@%EF0EV>_ZKK;6G>[.PM6T#K?K*Q=:M1[4L6M+$Y9)EOB[F
MNS%)L4NM62RURPP[!%I]121ECITRNA3-%LCS</,-!:>U)??;A> ]\:-XIWS:
MOV9Z?+WG:C4;.*N]3K%S!*?6$MU>"V<.N4PJ-)6*/C8Q4>J1&5G*H[ZHDMG+
MS"LY4TYE3><YRGSP6"A=YWEV/K^GN]MFARM7M73KUL8O"J#GVPY)!"=?0NM.
MF-OI:^%Q;4JR7'!&\E_BED_MP7$V4W\T)X4,:&SA+X=WS9FW>+LY+Z\4FLPZ
MI8*<"V)=#D2:/D727 9&#->5&QU/&SK F"0FCT%I7TMDKU'%1HLE<D=8M@ K
M'(@S@H(RSP$F^%^XQ%KLELNB[D*U?>4D7K^A3K39B@ X5"1X\1ZE5(YNEIZ"
M!(#99B01CR-<0.O^TCUA*P4P 0F?OF=.. H5 )AJ,%K]_K^7;EE<V&\$%/NW
M&Q[+07.O0P!<MC4>%L;=Q.F6<OJC64?;%Y?#0-![QV%!&BZJ_KC::OII5JHM
M;47)1ZK\L02S,2HN'COOSFA*X]WS2(-7WFV'KO7\-S;^GH#&QZ[)H&O;B.CW
M-@-]\V\[U9"=F-I"J\$&AKLT.C"(1>)2*;!59#2K+?R#(>01#U6,[>G MGEG
MK\<OEYD];,[@T&E1!,RK-P]@LM6:S"=A)'G6A4C6X:C:WONU+D2,PG1T^?,.
M0JYKH\,"U5F+'>*VE\:-(DZ^*43/"PMX<=.T@L;W5N9W9&J\JI@X10B2SU2N
M$,+;<GFC-TL.V.G&N:26K!PKK@.L_5*K$[/979GA\FMN.7$+:*XUDI$JL(A8
MPM;UWZKR\#.3'>8:#L%B20UQ-9H-%)$QEYMZK1'47'NL;C[*:8&/5ZHLA'TG
MV'C76TP9,YG6&N."@]K"_;6[%.ADXC )7TUY>O7NO',3O7=*I:[=7]H:QACC
M;EL;GUZG"KBDO)@ZU#:AZYV^T,UPB.I2)U\V5]^WE%:%T>4) 0R1"#8Q<&ZJ
M'C*[/L86Y9I:Y=_Y$^=?]]W3<VS[TT1J\:LZU=TKHG:FJLH,1C)(X"VA<>P(
MYNP'L)#B9-?,F*]KZI$9%2P\?' X\N)]-8II*89AC@^/%6T+?<$#@#@#@#@#
M@#@#@#@&M/U0QBY&E:250GW?;=F0HSF<8SY0T2K-ES[\_P!L)^:"RWG/_)Q&
M,?OSH7T<5-W:^,I/^TV?.2[Z>(P^7E.3\#7.DL;X.C+]G$I/^]3J?.)HKYV8
MTH< < < < < < < R4V]]EU(]X_EE7RZ-0&UI_#B0E#&((%([OG\JB%#-NKD
MAK./Y52JTYC&<J95C'+?I"QF]7V?L^+_ *JG4Q=5<-ZJ^IH^,8TZ_A-:<=JZ
M.4;0Q&(?WI1HQYK=6_/P>]#QCQX05SG)LPX X X X X X X!-'7$4LWV!TB+
M0G*L2MKT#YL8QYRF*S:1<B8YX_\ M16GG,__ $3RF?V)?A?O5B5JN]?$V3[G
M_P"GI]-'>W:8EVLO6OKNFU6>UKO=[UJ#NV!6H-AV^1,P1+GK15\!WSJ7; 1R
MHA9(-<M5?#FYLB;)(#GGB1%4OPGK52:CNIY:+FNY^K<.%MWC##$5AF+%9:C1
MHS3;$>.PVAEAAAE&&V6666\);:::;2E#;:$I0A"<)3C"<8QP6R&[9J;53U5W
M@+M>$CZSOV<Y)VG(GV!X7'(S"^O:9IS&(A!Z4PD)F54Z;6!$=J"[']Y%M4MK
M&9\YU;@'ZMCZQUE=PAJM;+^$J(O=@&8CP[$83CX"K42OM0P5-7,<2Z):GN5*
M(4>"AE(^XDW3)!QEUXA,4H#P-I=?]2;CD3G+R@A,E2\C0<O(VS30SN(,>I['
MJC]9S@;(CY1%.4O<FQQ!2.K&2+X^VNSH4F&0&U\@* G[@&#VJL5 _8=9EK&X
MTDY2;B3L] 0LGF"X[:)>O+S3"&&8F'F_O*DTBVV]:QZFY"6&\++?$E0U+[0$
M8W#KUJW942PSESK# =MUZD;#*6.FVZ:*(.G7]2P]"'&X!6$Z[B".+:N&YJI!
MB#EEZ#*6Y8PTD1;X0PZ. R/9];TX><I(C:,VMQDIE6(=401ZPQ0K-@=LU,-Z
M\/!HH^1-B+/IEU:XDAC@]A,A;2B$=]"4/XCKX'KY_(P-WJ9K&2.CLDR^P"U@
MB9>=@7DQ<YI"WPRB;)IJU!"[$J2RL0LC6C'7[4;P9,@,_!?Q5%J.P34BP6=\
MT!_D;JAHL$#*1BH\F3%REPBUFGVZUE">2RP^P-L;6>GV*>1E^V2B5;]T;%*&
M7)"T,2XI9N%(PF".AM,AZ^1XXGI=J</\LAHYM*87GD'7#UA([#,RSMDK<FKZ
MWI<ZA&)ZL)\TTI6M/ZT'EH@YL<7*2*JV9GFI!TY:"AP3?N\N]\+<_5D21JKK
M[0M.G[18JB_:'95F 56GMPCMCG%P]8I%'.7RPU"F5(6][(H8#7B>R[A]!CV2
M2>1\X>&DDI >OUZ +"^BY>ODOYMDX<$#@#@#@#@#@#@#@#@%0N]E37;.L>PT
ML-9=F5Q >V1L8QY]B A>&Z4=S_?&&P;I5?G'[>/S_+YYM/0O%+"](L!O.T,0
MZN%EVNM2FJ:\:RI&)VW2=79N(LKRI[E5=T)IS?A3<SF\YW\YZ. . . . . .
M . ?OW"]](2JE21G^6G4H)$E>/Y<J,V7#]X,ID-X\83-&2[/^G).58^3P!9:
M7G.&4^.!])<9]>VYM"LG>$*[PU+EU>%2H7C^[.<)U%^-OB= V71ZC 8>%K2E
M#K9<]ZK[>?;%-1_ND0<P9D!P!P!P!P!P!P!P"\?ITTY=M[6421EK+L*G0+)<
M2&,8_P M$ /(&#G<Y_9.&SQ@1GSG]_Z<>,JQGENJ[0?;9>O JC]I>N!N,MD"
M[JV!/5\!=PRLL\H2_'1(SGZ;ZA68"H#R<>Q$5N/EO&,I5A#*<+2_E*DN^-DP
ML\)]1AG25+JEUL9./VK)3WUQDY7X7EE:Z:,;5C6=>64M_>]EJ^E_9::X6\N.
M=R[4;#^(T?$K*<R<,-8D91^$9?\ C3\V48_'A.7/=E/X_;QS4)6WI;OV;O=O
MROE[C+J]E?6V?>4_[=.TJ#,ZZ&=K1PKVGPVY;1(V.[:(,<A488^?UOWV$!N6
MIF;'D#E#"%C*#*\*8G(4DC<3=5%#VI!J>+8<@JY]WS1K^WH+L<CJKH <0?K9
M'?8#H_?-"9H^T&[9%LL7L-L#4?6T\&)4TO&J5FA%.PM8L0@+BGT622JUELZ;
M=9K"$N(F-0[<K J6O9O7OV7:\GQ>A*&Q Q'JKNLYLBK!L;-@$+'8K5/#.PI%
M49:O5R1VPW!41+!H) LS]PV1-1;]BZ;!Q",4%%F-;3Z]0$#21X*TY:!3JN[/
M\_)9^?/+;QP04-[LT6U76P]59=$ANR+Y0-UVS9-%>PM<6&FX4_K_ +B(@PID
MJA.?M%=O;V%ZXM$S*VE.UBX&8#;GR3$I4"^.IK>A7K85IZYRZH*,[*KQ:[ZA
MO\:F:5<&3 1*P:COVH^R-CMEM+5.2+6;8LHN[-"($@JXMF;5;!4Z348V1ZM@
M$1EV%3RY.UNU75LKI]_8\^5RU/<JBVS8("AL:PEU:UCV_3][C?\ =+C29>VF
M;F(G(ZH+'C*V5@V4*/$WZZ0HSSU5O)"%>1[#Z)I)="ML;#T+ ++7]I>&NOY$
M)VK;-ON^UI 4-;K;)K%8VG0K( !V'8.2!V-9J)V *Z\KL:R!(M4 B->UL^P1
MK4.OA8]DL)+8%)*Z[V)<Y<2SW)MTB&79Q^%U[[W=LO!6Q&Q;2VA<>O%I%;&W
M)8'0EGTYOK[-FLV I8_U/N9.G^K"P6I"-H+:QHC]J+GS=ZWW-*:L$A'X55FR
M[?4X"H4G2<=BD!:S[GQ6G)V\GWY'0)P4C@#@#@#@#@#@#@#@#@#@'C6,% M-
M>.UDJW\HNQ!B8(DU^/\ $@%H3\"6C'G&<>51Y#B<><9QYS^<<O8>M/#5Z.(I
M.U3#UJ=:F^4Z4XS@_"4445*<:M.I2FKQJ0E3DN<9Q<6O)LY/;E5B='MMFIIE
MO+96K'2@&>GVY2E4D7->AN.M^?ZF7\L_,PO&<I<9<;<0I2%85GZ:PF)IXS"X
M?%T7>EB:-.M#\-2"DD^U7M)<&FCEU:E*C5J49_:I3E3EWPDXMKL=KKFC&N>@
MMC@#@#@#@#@&54<-$L%NKXHBM;(A\BR\=DH_"H5>@^XA82'GSCPD>$BSYJ\^
M<>$,*SYYX=IXM8#9V-QCUP^&JU()\:B@^JC_ 'ZCC%=K+^&HO$8BC15_UE2$
M7;A%M;S_ +L;R?8B([58)=LL]BM$Y*&YMC.%3LIMO_*:D%IS\YUIK'C&$M-+
M?RVTG&,82VE*<8QC&,8^=<WFVVWFV\VV\VV^+;S;XLZ2E;)9)9)+@>#P!P!P
M!P!P!P!P!P#>!Z2NL7(H79NWYT?VY+RX-"KSRT>U>8@S#9NR.-YSCRY&E3)5
M?82M'A'U N2WG*EMYPWYJ\LU'EF_EZ[2Y!:OP-R'+!<' ' ' ' ' ' ' ' '
M ' ' ' ' ' ' ' ' ' ' ' ' ' -&OJ6:;<K.PP^WA47*0FP([0L\MI&<-1;
M>%B)::<=SC&$-_>P3$=QA&,96[)#E9#BLJ<QY[)]'NUEB,#5V55E^NP,G5H7
M><L+6DVTN+ZFLY)\%&K3BM#2ND6#ZK$0Q<5[&(6[.RR5:"MGP6_!)KBW";9K
M)YT0UP< < < < < S(&]]DI^QK5G/QO,@&*6(>_?P9OSSH^8PI/]TR:&/OB,
M*\_RN8;S^?/C.C]/<9U.R:6$B[3QN)@I+G1PUJTWX5?JZ_O>#SO1^CUF,E6:
MRH4Y-/\ ?J>Q%>,.L\BOO./FYC@#@#@#@#@#@#@'J! I2QF1->"0GB)DZ2@A
MQ(^,GW2)Q(E):AP8C*?QC+LB2\VTC&<XQ[EX\YQC\\-V3?+,'7!HC58_2FHZ
M+K,?EIW-9",LDY;2?:@B>F+<(6 DGSC"_CFF9<U]A+GE;49;+&59PUCG@D]Z
M3?-_R]Q?2LDB7.02. . . . . . . . . . . . . . . . . . . . . .
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MQ?AZ[#>OSSET< < < < < < < < < < < < < < < < < < < < < < < <
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4?KEH5I):?Q)5Y!(X X X X!__]D!

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>7
<FILENAME>g391334g22c48.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 g391334g22c48.jpg
M_]C_X  02D9)1@ ! @$ 8 !@  #_[0C,4&AO=&]S:&]P(#,N,  X0DE- ^T
M     !  8     $  0!@     0 !.$))300-       $    'CA"24T$&0
M    !    !XX0DE- _,       D           $ .$))300*       !   X
M0DE-)Q        H  0         ".$))30/U      !( "]F9@ ! &QF9@ &
M       ! "]F9@ ! *&9F@ &       ! #(    ! %H    &       ! #4
M   ! "T    &       !.$))30/X      !P  #_____________________
M________ ^@     _____________________________P/H     /______
M______________________\#Z     #_____________________________
M ^@  #A"24T$"       $     $   )    "0      X0DE-!!X       0
M    .$))300:      !M    !@              %P   %8    & &< ,@ R
M &, -  X     0                         !              !6
M%P                                             X0DE-!!$
M  $! #A"24T$%       !     (X0DE-! P     !C     !    5@   !<
M  $$   77   !A0 &  !_]C_X  02D9)1@ ! @$ 2 !(  #_[@ .061O8F4
M9(     !_]L A  ," @("0@,"0D,$0L*"Q$5#PP,#Q48$Q,5$Q,8$0P,# P,
M#!$,# P,# P,# P,# P,# P,# P,# P,# P,# P, 0T+"PT.#1 .#A 4#@X.
M%!0.#@X.%!$,# P,#!$1# P,# P,$0P,# P,# P,# P,# P,# P,# P,# P,
M# P,# S_P  1"  7 %8# 2(  A$! Q$!_]T !  &_\0!/P   04! 0$! 0$
M         P ! @0%!@<("0H+ 0 !!0$! 0$! 0         !  (#! 4&!P@)
M"@L0  $$ 0,"! (%!P8(!0,,,P$  A$#!"$2,05!46$3(G&!,@84D:&Q0B,D
M%5+!8C,T<H+10P<EDE/PX?%C<S46HK*#)D235&1%PJ-T-A?25>)E\K.$P]-U
MX_-&)Y2DA;25Q-3D]*6UQ=7E]59F=H:6IK;&UN;V-T=79W>'EZ>WQ]?G]Q$
M @(! @0$ P0%!@<'!@4U 0 "$0,A,1($05%A<2(3!3*!D12AL4(CP5+1\#,D
M8N%R@I)#4Q5C<S3Q)086HK*#!R8UPM)$DU2C%V1%539T9>+RLX3#TW7C\T:4
MI(6TE<34Y/2EM<75Y?569G:&EJ:VQM;F]B<W1U=G=X>7I[?'_]H # ,!  (1
M Q$ /P#H?\9O4.H4=,KQ,6NP8^09RLEH.T-'T*'/;]'U7+CG?5#-_P";5'6
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M '     3 $$ 9 !O &( 90 @ %  : !O '0 ;P!S &@ ;P!P "  -@ N #
M   ! #A"24T$!@      !P (  $  0$ _^X #D%D;V)E &1      ?_; (0
M 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0("
M @(" @(" @(" P,# P,# P,# P$! 0$! 0$! 0$! @(! @(# P,# P,# P,#
M P,# P,# P,# P,# P,# P,# P,# P,# P,# P,# P,# P,# P,#_\  $0@
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M]12(X:.KM7.6U03?RAKKMW;05ZM38=8=?SD9.=F,,+#5CB'4CZ1L*$&E>_\
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M[+9=;5U#T%;*GS2G686F2C5?H-KI-EX^M!<V!>D15)U16TEL8O2A]Y=WLK"
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I+Q3N@5Q%TF.37^ U'"M_ZC;:*35>_P!(1I1L?TL9)6^DEWU!GU)__]D!

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>8
<FILENAME>g391334g30w01.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 g391334g30w01.jpg
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M 0$! 0$! ?_  !$( "  AP,!$0 "$0$#$0'_Q  <   " P$! 0$
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M:+1K37D.+^I4$VJI R5%#"DY+6KQVVI0LX+2L-PKSSH/M=_W!9T]6)H/33M
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&J^1&A__9

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>9
<FILENAME>g391334g59k71.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 g391334g59k71.jpg
M_]C_X  02D9)1@ ! 0$#P /   #_[16<4&AO=&]S:&]P(#,N,  X0DE-! 0
M     &$< 5H  QLE1QP!6@ #&R5'' %:  ,;)4<< 5H  QLE1QP!6@ #&R5'
M' %:  ,;)4<< @   @ $' (W  @R,#$T,#(Q.!P"/  +,38P-30S*S P,# <
M CX "#(P,30P,C$X #A"24T$)0      $ =#5CT':RC(NK,&C,74&#0X0DE-
M!#H      .4    0     0      "W!R:6YT3W5T<'5T    !0    !0<W13
M8F]O; $     26YT965N=6T     26YT90    !#;')M    #W!R:6YT4VEX
M=&5E;D)I=&)O;VP     "W!R:6YT97).86UE5$585     $       ]P<FEN
M=%!R;V]F4V5T=7!/8FIC    # !0 '( ;P!O &8 ( !3 &4 = !U '
M  IP<F]O9E-E='5P     0    !";'1N96YU;0    QB=6EL=&EN4')O;V8
M   )<')O;V9#35E+ #A"24T$.P     "+0   !     !       2<')I;G1/
M=71P=71/<'1I;VYS    %P    !#<'1N8F]O;       0VQB<F)O;VP
M %)G<TUB;V]L      !#<FY#8F]O;       0VYT0V)O;VP      $QB;'-B
M;V]L      !.9W1V8F]O;       16UL1&)O;VP      $EN=')B;V]L
M  !"8VMG3V)J8P    $       !21T)#     P    !29" @9&]U8D!OX
M         $=R;B!D;W5B0&_@            0FP@(&1O=6) ;^
M  !"<F1456YT1B-2;'0               !";&0@56YT1B-2;'0
M      !2<VQT56YT1B-0>&Q <L            IV96-T;W)$871A8F]O; $
M    4&=0<V5N=6T     4&=0<P    !09U!#     $QE9G15;G1&(U)L=
M             %1O<"!5;G1&(U)L=                %-C;"!5;G1&(U!R
M8T!9            $&-R;W!7:&5N4')I;G1I;F=B;V]L      YC<F]P4F5C
M=$)O='1O;6QO;F<         #&-R;W!296-T3&5F=&QO;F<         #6-R
M;W!296-T4FEG:'1L;VYG          MC<F]P4F5C=%1O<&QO;F<      #A"
M24T#[0      $ /      0 ! \     !  $X0DE-!"8       X
M    /X   #A"24T$#0      !    !XX0DE-!!D       0    >.$))30/S
M       )           ! #A"24T$"@       0  .$))32<0       *  $
M         3A"24T#]       $@ U     0 M    !@       3A"24T#]P
M    '   _____________________________P/H   X0DE-! @      !
M   !   "0    D      .$))300>       $     #A"24T$&@     #-0
M  8              /0   )W          $
M 0             "=P   /0                      0
M           0     0       &YU;&P    "    !F)O=6YD<T]B:F,    !
M        4F-T,0    0     5&]P(&QO;F<          $QE9G1L;VYG
M      !"=&]M;&]N9P   /0     4F=H=&QO;F<   )W    !G-L:6-E<U9L
M3',    !3V)J8P    $       5S;&EC90   !(    '<VQI8V5)1&QO;F<
M        !V=R;W5P241L;VYG          9O<FEG:6YE;G5M    #$53;&EC
M94]R:6=I;@    UA=71O1V5N97)A=&5D     %1Y<&5E;G5M    "D53;&EC
M951Y<&4     26UG(     9B;W5N9'-/8FIC     0       %)C=#$    $
M     %1O<"!L;VYG          !,969T;&]N9P          0G1O;6QO;F<
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M=&QO;F<      #A"24T$*       #     (_\        #A"24T$$0
M 0$ .$))3004       $    $SA"24T$#      '%0    $   "@    /@
M >   '1    &^0 8  '_V/_M  Q!9&]B95]#30 #_^X #D%D;V)E &2
M ?_; (0 # @(" D(# D)#!$+"@L1%0\,# \5&!,3%1,3&!$,# P,# P1# P,
M# P,# P,# P,# P,# P,# P,# P,# P,# $-"PL-#@T0#@X0% X.#A04#@X.
M#A01# P,# P1$0P,# P,#!$,# P,# P,# P,# P,# P,# P,# P,# P,# P,
M_\  $0@ /@"@ P$B  (1 0,1 ?_=  0 "O_$ 3\   $% 0$! 0$!
M  ,  0($!08'" D*"P$  04! 0$! 0$          0 " P0%!@<("0H+$  !
M! $# @0"!0<&" 4###,!  (1 P0A$C$%05%A$R)Q@3(&%)&AL4(C)!52P6(S
M-'*"T4,')9)3\.'Q8W,U%J*R@R9$DU1D1<*C=#87TE7B9?*SA,/3=>/S1B>4
MI(6TE<34Y/2EM<75Y?569G:&EJ:VQM;F]C='5V=WAY>GM\?7Y_<1  (" 0($
M! ,$!08'!P8%-0$  A$#(3$2!$%187$B$P4R@9$4H;%"(\%2T? S)&+A<H*2
M0U,58W,T\24&%J*R@P<F-<+21)-4HQ=D154V=&7B\K.$P]-UX_-&E*2%M)7$
MU.3TI;7%U>7U5F9VAI:FML;6YO8G-T=79W>'EZ>WQ__:  P# 0 "$0,1 #\
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M6[O;OM?6Q7G22 =!W*\Q^L3\ZSK>4_.K=3:YP+*G$';3'ZLUKF%S'?HOW/\
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MI_Q2]6Z#?]8MGV;KN-[VMW,S6NKEW_!9=%;_ .?_ .%K9_X8J]3]*DI__]D
M.$))300A      !5     0$    / $$ 9 !O &( 90 @ %  : !O '0 ;P!S
M &@ ;P!P    $P!! &0 ;P!B &4 ( !0 &@ ;P!T &\ <P!H &\ <  @ $,
M4P V     0 X0DE-!"(      [Y-30 J    "  / 0   P    $"=P   0$
M P    $ ]    0(  P    $ "    0,  P    $  0   08  P    $  0
M 0\  @    8   #" 1   @   !8   #( 1(  P    $  0   14  P    $
M 0   1H !0    $   #> 1L !0    $   #F 2@  P    $  @   3$  @
M !X   #N 3(  @   !0   $,AVD !     $   $@   #8$-A;F]N $-A;F]N
M($5/4R U1"!-87)K($E)20  +<;    G$  MQL   "<0061O8F4@4&AO=&]S
M:&]P($-3-B H5VEN9&]W<RD ,C Q-SHP,3HQ," Q-CHU,CHU-@  'X*:  4
M   !   "FH*=  4    !   "HH@B  ,    !  $  (@G  ,    ! H   (@P
M  ,    !  (  (@R  0    !   "@)    <    $,#(S,) #  (    4   "
MJI $  (    4   "OI(!  H    !   "TI("  4    !   "VI($  H    !
M   "XI(%  4    !   "ZI('  ,    !  ,  )()  ,    !  D  )(*  4
M   !   "\I*1  (    #-30  * !  ,    !__\  * "  0    !   "=Z #
M  0    !    ]*(.  4    !   "^J(/  4    !   # J(0  ,    !  ,
M *0!  ,    !     *0"  ,    !  $  *0#  ,    !     *0&  ,    !
M     *0Q  (    -   #"J0R  4    $   #%Z0T  (    <   #-Z0U  (
M   +   #4P         !    4    #@    *,C Q-#HP,CHQ." Q-CHP-3HT
M,P R,#$T.C R.C$X(#$V.C U.C0S  !@=P@ #T)  $O99@ /0D
M 0    ,    !    9     $#(     "   ,@     (  ,#(R,#(Q,#$Q,3DQ
M     &0    !    9     $                     148Q,#!M;2!F+S(N
M.$P@36%C<F\@25,@55-- # P,# P,3EA9C$     !@$#  ,    !  8   $:
M  4    !   #K@$;  4    !   #M@$H  ,    !  (   (!  0    !   #
MO@("  0    !              !(     0   $@    !.$))300!      'N
M  8                                 "
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M *1\HP ! 5V5EP"85>$!7967 )A5X0%=E9< F%7A  $!#LF? )]^DP$.R9\
MGWZ3 0[)GP"??I,  0#@$A, J*V\ . 2$P"HK;P X!(3 *BMO  ! ,MTY0"M
MS_@ RW3E *W/^ #+=.4 K<_X  $ P+D" *]%O # N0( KT6\ ,"Y @"O1;PX
M0DE- _T       @          /_A \!-30 J    "  / 0   P    $"=P
M 0$  P    $ ]    0(  P    $ "    0,  P    $  0   08  P    $
M 0   0\  @    8   #" 1   @   !8   #( 1(  P    $      14  P
M  $  0   1H !0    $   #> 1L !0    $   #F 2@  P    $  @   3$
M @   !X   #N 3(  @   !0   $,AVD !     $   $@   #8$-A;F]N $-A
M;F]N($5/4R U1"!-87)K($E)20    /      0   \     !061O8F4@4&AO
M=&]S:&]P($-3-B H5VEN9&]W<RD ,C Q-SHP,3HQ," Q-CHU,CHU-@  'X*:
M  4    !   "FH*=  4    !   "HH@B  ,    !  $  (@G  ,    ! H
M (@P  ,    !  (  (@R  0    !   "@)    <    $,#(S,) #  (    4
M   "JI $  (    4   "OI(!  H    !   "TI("  4    !   "VI($  H
M   !   "XI(%  4    !   "ZI('  ,    !  ,  )()  ,    !  D  )(*
M  4    !   "\I*1  (    #-30  * !  ,    !__\  * "  0    !   "
M=Z #  0    !    ]*(.  4    !   "^J(/  4    !   # J(0  ,    !
M  ,  *0!  ,    !     *0"  ,    !  $  *0#  ,    !     *0&  ,
M   !     *0Q  (    -   #"J0R  4    $   #%Z0T  (    <   #-Z0U
M  (    +   #4P         !    4    #@    *,C Q-#HP,CHQ." Q-CHP
M-3HT,P R,#$T.C R.C$X(#$V.C U.C0S  !@=P@ #T)  $O99@ /0D
M     0    ,    !    9     $#(     "   ,@     (  ,#(R,#(Q,#$Q
M,3DQ     &0    !    9     $                     148Q,#!M;2!F
M+S(N.$P@36%C<F\@25,@55-- # P,# P,3EA9C$     !@$#  ,    !  8
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M4K6O(CB2"$&147M O&]R]:NY!G(7G_F307,/EZ+]=!7!\_5?IH*G01GT#0-
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MM1J(/MGDZ>2)S3DJIST':Q?ZDT%S#Y>B_705P?/U7Z:"IT$9] T#0- T#0-
MT#0- T#0- T#0<S?LIZ_704]M50KZHM**Q'VU?<U<ZIGB3Q[2%91"PY0_%'(
MBO 8C4\%Y<^?+PT'FYWCVJEUTO+-MKR?<4>4X#>E8ZYHS@KK"17-?%F5,^*Z
M3'E!/7V\4P[%H9<>0(\*8@I D<O-H9YX6I88%G1P9D^NN7-:80PV5/ED<G:R
M.\!&YI*[(8;(LF.\D9>]@MY4<G8E&2&[O3&1 F=-VELJK=3',Y%DV26U%!=9
MSK>DL[J;-J?>%D1LJIK:VI*4D>(&!)& 45R=M)'&5KI<T[NIR!.7;P1K6R@V
MDR3)5]-3EB "A$2/*66Z,PAI+%8JD[(D0CXW21&HXG:.1Q$1&!G<;N2I]_/E
M\T_O_7\]!<@KS7U3P]?/]_KH+H'R]%^N@K@^?JOTT%3H(SZ!H&@:!H&@:!H&
M@:!H&@:!H.-7_OG^O]O_ "T'Q#-1OG_?\UYN_?RT'*R4U%3FJ>7X_+Y_?]WX
M>N@U%^T<(7']P=N<MKH#2%LL/NZFS>R.-%L8U1:@.&.XRHO;FAI=$(,9OA:$
MKALZE*G9A@OA_O\ &+"SQ63&$45F*7,][11PF,<@V,&X!>R1%<B=:E3FUCVO
M=R:KF]"N<&T^+D4*>D%P&=TKHK%(U\AR-)+,K58^44I&L5HAM8YJR"-9\#%Z
M4_Z?,)%;AS0\-7#[;<3.ZD&[I<!A9'M[CU@@H0TF8_B^8Y5%Q#^/+BIDDCV+
MZ2'D>28_VX(037/N9UK<1:FQCB@=Z#*E=91IT>/*BG#)C2A#DQI,<K# . S&
MD"<)1N<,P2C<UXBC<YA&.:]BN:Y%T'8H[N?X*B+_ .V@O(%YIZ>?S\47]=!7
MA\_5?IH*G01GT#0- T#0- T#0- T#0-!\5>7^/[\5_?-?NT%.0B)S_?Y_P!D
M_JOCH+>>4UB*JK^/+[_]O]O'06DMJ-B*O-$Y<U5?N1$Y\U557ERY)S7GRY<O
M%=!KBXDO:L\*'#FRPJBYJ/=+/HBK'9@FV!8N1'!.1JHX.09.P[<4QQ(KNAUE
M$EVI\CC <IHF.V#T:!P8=X,[3./:0\-F\^[&ZP68[8YIO[E,[9.,PIK"NV^Q
M#$\*PG$::JIB/9$).JFY/6YI'RI7"CI>W$V]M1 @2B0AP0S)P:\-6[5Y>Y7C
M<2IP^="QBX-17F9UF6T608S#L!B8Y8KY=))L)LV;W9W;,KVP1R(959!R 5%8
M(>.$/01P_<,^W^!RX5M:!;FF81&QS^_[F*%(-7* JO$N-T:N/%J' (YY 3RE
ML+L3GN9[W[NK0C#SD?\ $1>T(J\SR:CX#MM;F(>CPNQJ,^WUM8\L'*QRR,TI
M<(V^ U9'_-1\>[=F97;15EZY<@;B:1*\L^CE 4(3^SU]K33;)5>/[$<24V8W
M;JK:&HP3<)@3S[K"ZQ"-'$I,DHP=O=SL(K JX,"Y[JE]1()L!:65CZP_X?#U
M(X?E./9E15&58G>U.38U?00V-+?T-C$MJ:V@2$1P9E=902GB3(Q6\^@P#/8Y
M45.?-%Y!WZ/Y?Y4_3_?07$/GZK]-!4Z",^@:!H&@:!H&@:!H&@:#XJ\OW^_W
MR304Q"<D\_\ [\^7S^2?=_50L\N6T2*JN\?'E^_VJ_X:#SW\;OMKX6S6X>9;
M-[ X+29[DN&RGT=_N'E5I+=AU;D\<G1:U-5CM+W6?D;*<J/KI=D7)**.ER*3
M'B1+2*&.>P#0%OQQY\67$0VPA[E[R90?&K+J;(PK'3)B6%)&<Y4[K+QW'Q5L
M2VB!Z'*BY"MG(1XW*>6LAJ1M!&S"\-O,[R;'\&QR.V5DN8WE3B=0-S6-Y65]
M:1ZH"EDHSK9# DX,F1(\!CC1R'<QB,5$#V.;N;83>&7@'P#8K:W-9.*4-/7T
M])DMA%F$'E672,ML3W5KC,61$$YT5<AR#(;&[RM NBJW'(<RE8K:VRE=D&1.
M!_&-Y-DLRJ]VMKC"A;9X_ 3']Q**6_O$??&?(<X)J7J>ATK8N,2Y#"XWD\<)
MK6%;,-$:*94R[RNLPW%\=G'+1<(7"WG.\M;'*[)YU#%K\1QN>6-#LP95>]E&
M@4]CTG-'AR1RY84DRAEDQ(L7M+?M2T\<TU _G%YEN+E&4Y5D>;Y/=S[_ ";,
M[J;D&5V+WRD/D%G<RB2R$=&%*B2'BEE10XQC\DK.FO%[SEAB0$&[08@L,JCG
MFOC.D688$L$N"*/61*%(Z=_4T1Y4=72G1AN85I>I9!>MW8DZB*T3R-";G!)[
M2#?[@POQ2,'R1]MM[/G=_P FVFR8\B?A=NV5RF3I5?&:5I:"];41X0PWE$^+
M)=*)%%;,M((UKB![.N";VFO#=QHPX=/BUU_ F[7='$M-I,QF10WCBQ1C=.?B
M=JSLJS-:^,YZJY]6H;J/&8Z3;8_4CY<PV1A\_5?IH*G01GT#0- T#0- T#0-
M T!?!%7Y:"G([E^/CR]?'^GX<_ZZ"T2CJQJKR7Q3P\?ST$)N.??"YV$X5][M
MU\?81V0XUAIX^.&:C7>[\AR6="Q6CMWC<0:&%36MY$MC@0C'2 PG@8YKB([0
M> CO+SNF3)+WE(69;$.5R(\Q7PI!A22N<1SNL[VA54*1SUF-Y!G(_J<9 ^L<
M@U/UKU*)SEZ$:G0J1U&*0U>I5<Y"A/TC5W-S6C$,BD[)"O#95[*K;V%GO&!@
M[9SQ]&.1)EI7J9JD<R>^'90%D.3DJ/<&H]Y/!U*BI9K!(JHP;R-#=MQ);AW6
MX?%'C^)D*Z)B6WE[)JJRF=U$ 5U".P2\L"!0B =,L["*5H55G2ZKA5$8W9$&
M9R!M<X&#2KG&;6ELGM+28]NSF,J+$1SB/*-:>DRXXS=:(UW,URH MY]#.N6Y
M.EI6-8'G[]M9Q-Y/NQO[7[-#:>%BF!LI;ZQ@2"(R-D.;YJ.Q9CJR>[D*J4>+
M8FKA,,C&3C6-[D=>R*R(<%FH:!KR<0KV=#GE[Z$IH[CNZ'%;+LEIR$E*)5>
MUC,8]9J1B$)'J AKP2S=N=[ ZC.=VL2,1KG*Z4#J:XB>+QJ255#<5K7=(BH>
M9)D*,/4(8'"C,54"CW!^0M_E))Y<XY'(0P%7S%WJ=*43/!6M:L2ABQFM^RSJ
M=X.1.:ADC:FWO1Y=1+46\VFL*^776<2V@R#1[*#+KR1+(1J^6!PCQY+)\J1/
MCRNT5\:5'A*-G-%(,/9C[)[VB^[&\>44W#3OFQN;9 /%["=B6ZP7JS(9K<>J
CP6TRKS\1R(&Z.M6?LX&506Q[23(AC%>U]G*GR;\(;_M!_]D!

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>10
<FILENAME>g391334image7682.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 g391334image7682.jpg
M_]C_X  02D9)1@ ! 0(!>@%Z  #_X5"2:'1T<#HO+VYS+F%D;V)E+F-O;2]X
M87 O,2XP+P \/WAP86-K970@8F5G:6X](N^[OR(@:60](E<U33!-<$-E:&E(
M>G)E4WI.5&-Z:V,Y9"(_/CQX.GAM<&UE=&$@>&UL;G,Z>#TB861O8F4Z;G,Z
M;65T82\B('@Z>&UP=&L](D%D;V)E(%A-4"!#;W)E(#4N,RUC,#$Q(#8V+C$T
M-38V,2P@,C Q,B\P,B\P-BTQ-#HU-CHR-R @(" @(" @(CX*(" @/')D9CI2
M1$8@>&UL;G,Z<F1F/2)H='1P.B\O=W=W+G<S+F]R9R\Q.3DY+S R+S(R+7)D
M9BUS>6YT87@M;G,C(CX*(" @(" @/')D9CI$97-C<FEP=&EO;B!R9&8Z86)O
M=70](B(*(" @(" @(" @(" @>&UL;G,Z>&UP/2)H='1P.B\O;G,N861O8F4N
M8V]M+WAA<"\Q+C O(@H@(" @(" @(" @("!X;6QN<SIX;7!'26UG/2)H='1P
M.B\O;G,N861O8F4N8V]M+WAA<"\Q+C O9R]I;6<O(CX*(" @(" @(" @/'AM
M<#I#<F5A=&5$871E/C(P,3<M,#8M,C=4,3$Z,C0Z,C4K,#4Z,S \+WAM<#I#
M<F5A=&5$871E/@H@(" @(" @(" \>&UP.DUE=&%D871A1&%T93XR,#$W+3 V
M+3(W5#$Q.C(T.C(U*S U.C,P/"]X;7 Z365T861A=&%$871E/@H@(" @(" @
M(" \>&UP.DUO9&EF>41A=&4^,C Q-RTP-BTR-U0Q,3HR-#HR-2LP-3HS,#PO
M>&UP.DUO9&EF>41A=&4^"B @(" @(" @(#QX;7 Z0W)E871O<E1O;VP^061O
M8F4@26QL=7-T<F%T;W(@0U,V("A7:6YD;W=S*3PO>&UP.D-R96%T;W)4;V]L
M/@H@(" @(" @(" \>&UP.E1H=6UB;F%I;',^"B @(" @(" @(" @(#QR9&8Z
M06QT/@H@(" @(" @(" @(" @(" \<F1F.FQI(')D9CIP87)S951Y<&4](E)E
M<V]U<F-E(CX*(" @(" @(" @(" @(" @(" @/'AM<$=);6<Z=VED=&@^,C4V
M/"]X;7!'26UG.G=I9'1H/@H@(" @(" @(" @(" @(" @(" \>&UP1TEM9SIH
M96EG:'0^,3@P/"]X;7!'26UG.FAE:6=H=#X*(" @(" @(" @(" @(" @(" @
M/'AM<$=);6<Z9F]R;6%T/DI014<\+WAM<$=);6<Z9F]R;6%T/@H@(" @(" @
M(" @(" @(" @(" \>&UP1TEM9SII;6%G93XO.6HO-$%!45-K6DI29T%"06=%
M05-!0DE!040O-U%!<U5':'9D1SEZ84<Y=TE$375-04$T46ML3D$K,$%!04%!
M04)!05-!04%!045!)B-X03M!44))04%!04%104(O*S1!1&M&:V(R2FQ!1U1!
M04%!04%F+V)!25%!0F=114)!545"9U5&0F=K1T)164I#=V='0F=G3$1!;TM#
M=V]+)B-X03M$0D%-1$%W341!=U%$031014$X3T1"351&0E%417AW8D=X<V-(
M>#AF2'@X9DAX.&9(=T5(0G=C3D1!,%E%0D%91VA54D92;V9(>#AF)B-X03M(
M>#AF2'@X9DAX.&9(>#AF2'@X9DAX.&9(>#AF2'@X9DAX.&9(>#AF2'@X9DAX
M.&9(>#AF2'@X9DAX.&8O.$%!15%G071!14%!=T52)B-X03M!04E205%-4D%F
M+T5!84E!04%!2$%114)!445!04%!04%!04%!05%&07=)1T%104A#06M+0W=%
M04%G241!445"05%%04%!04%!04%!)B-X03M!44%#07=11D)G8TE#46],14%!
M0T%1341!9U%#0F=C1$)!24=!;DU"06=-4D)!049)4DEX459%1T4R16EC6455
M37!':$)X5WA1:5!")B-X03M5=$AH37A::3A#4GEG=D5L47I25&MQ2WE9,U!#
M3E51;FLV3WI.:&156DA41#!U24E*;TU*0VAG6FA*4D92<5,P5G1.5DM"<GDT
M+U!%)B-X03LQ3U0P6EA71FQA5S%X9%AL.5=:,FAP86UT<V)7-799,U(Q9&YD
M-&58<#=F2#$K9C-/16A984AI26U+:31Y3FIO*T-K-5-6;'!E66U:)B-X03MQ
M8FY*,F5N-4MJ<$M7;7 V:7!Q<75S<F$V=F]204%)0T%1241"455%0E%914-!
M341B445!06A%1$)#15--545&55).:$EG6GAG6D5Y)B-X03MO8DAW1DU(4C13
M3D-&5DII8W9%>DI$4D1G:&%357E7:5DW3$-",U!33F5*16=X9%5K=V=*0VAG
M6DIJ6D9':61K9$95,SAQ3WIW>6=P)B-X03LP*U!Z:$I3:W1-5%4U4%)L9%E7
M5G!B6$8Q95@Q4FQ:;61O85=P<F)',75B,E(Q9&YD-&58<#=F2#$K9C-/16A9
M84AI26U+:31Y3FIO)B-X03LK1&Q*5U=L-6E:;7!U8VY:-F9K<4]K<&%A;G%+
M;7%Q-GET<G$K=B]A04%W1$%104-%44U2040X03E5-'$W1EA9<3=&6%EQ-T98
M67$W)B-X03M&6%EQ-T9867$W1EA9<3=&6%EQ-T9867$W1EA9<6QE<V5A3D$P
M8T@Y23-S8TPY9E-R>6M0*W=7<F9H;&M-37!C9W=L35(U;$IH-39V)B-X03MR
M,&HY0V%"93-Y2%I:-75.=$5F:S<X='-U+TQG9E9)1#=72&EK.&=6=W5V>DYN
M2DUD:G!L;7996$5K<V@K*TDP=U9H2%=25&,O2DMD)B-X03M:,6HX>$Y,=CE-
M<S5R;E0S9E4U:D1#56IK-&<O0U!J<E$P*U!T;'-)67!!;6IS=VQ+64E',C9B
M2"]L845)<5 P4F1$<E0Y*VHO261&)B-X03MY<CEY9C5W*U10.$%E95,P*UIV
M3U9N+W@P4$Q4>7 S;'-P;&Q0+TEV9'9X=RM&:E!+6'I8:FM/65)&:BM99FQI
M-&U&=E!-*VY86%$R)B-X03LY.&AG669.:E9"+W=74FQP<&IC8FIY55IO;GE:
M26IO-D(P64UJ0W%S<'%#1#-"1UDW83-I<G-69&ER<U9D:7)S5F1I<G-69&ER
M<U9D)B-X03MI<G-69&ER<U9D:7)S5F1I<G-69&ER<U9D:7)S5E-R6"]-*VMA
M2$-R,W-T6G!0-VDQ:DA+85$Y4&A4*THR>3-(:&Q0:W=N35(U<$=S)B-X03M(
M;F)Z1T]6>$EF3'5L=C!G:2M+.61F.$%+8S Y4#EF=&QT-#AF3#%(-T=&4VPU
M1#=5,C!B>5HU8S!K:5,R=$9K=6$Q83=N+V5Z1G8U)B-X03MU5&1$+W$P>75E
M96-U6EIX>'A#9#53>F1I<D-V4&XO2U(K568K630O.%-J>DPP+S!4.7I2;"MQ
M4'9:<FU),W5X5D18*VUA9'%%4&\S)B-X03LQ=$AC>&9Y4W%'07(S1F5N,%I+
M37I(:U5'25!.:DUV:V$W,#%Z8V563E)K,#DV.&I95$5Y,FHK,T9U4E@U-R]2
M;5%.44IB5$8K9E9Q)B-X03LX2W9P3DMM;BMD,V=U,# S>DYA+V]M+V)A2V-M
M=').+W%38CAF:U0Y3T-7;G-803A1*S%)>3<Q3%IL95EZ83=&6%EQ-T9867$W
M1EA9)B-X03MQ-T9867$W1EA9<3=&6%EQ-T9867$W1EA9<3=&6%EQ-T9736$O
M=T-A<G(V.2MG+TPP83-E=$]0,W)N*S5T5B]N;%!3=F=V.$%T2$EX)B-X03LT
M4EA&4&%0,W15-3<P3V%T-64X;E=M;7EN54QY439J<F-U.#DO3G515#)J0BMW
M;S9F,F)9375C>3)',&4U34UD8FYC<VAY:'-D:7)S)B-X03M69&ER0W90;B]+
M4BM59CA!;4]0+T%"2U!-=E0O0454.7I2;"MQ4'9:<FU),W5X5C)+=7A61&%L
M<&QH<59O.7!F44QC5S<O85)X6&9X)B-X03M"-F=J>$=3:$UX3FA":4-+3$5#
M9%DX:T]+=$IQ6&Q5:T-P*TME>D)0+T12+S4W9#AR,#5V2V8S=$\X4$]0,TUZ
M=$QY,79,84\V=%I6)B-X03MM=#5L-5)Y;V%G:DU355-$4F)G8E9C0UA9<3=&
M6%EQ-T9867$W1EA9<3=&6%EQ-T9867$W1EA9<3=&6%EQ-T97365A=&9V:&-X
M95@Y)B-X03M$;RMT,VDQ850Y;3)H-WEU97@O;"]W0G%U4FAX:75+6#!J-U=R
M2DTX:'I43'DU-6-S9$-S9G$Q=%=35U$X-W$V9F5385$Y5UDO<4AB)B-X03M+
M.'55>DYL;$-!:44Q>71M-T9867$W1EA9<7=R>C4O>6MF;$@O;4]0+T5O.'DY
M4#E%+V,P6F9Q:C<R835I3C=S5F1I<G-69&ER5$MR)B-X03MQ5EE";%E56E1U
M0T0Q0D=+<TAN:6PX:C9L.6%G1% U5G9P04QQ1599,F-R8D(Q2#AJ9"\Y<759
M1#1W;R]74'1A1#9$+T%%5V)X>5)Y)B-X03M2<DI'=V5.=T=2,4Y145)514A-
M36AV6%EQ-T9867$W1EA9<3=&6%EQ-T9867$W1EA9<3=&6%EQ-T9867%L9FUB
M6%ED1#!E82MC8S52)B-X03M33S)H1S5K;69:14%(=C$Y<W-X62M/5DU*>312
M84,X;F58-3E/=%IB-U54-G5T-FMF5W8U:C%5;F19:#1"3VTS-G%:4%!L-&I1
M*VMC)B-X03MK6316=65:6D1L1%DW1EA9<3=&6%EQ-T971F5F4"M5:CAO+SAX
M>"\T;$AM6' O;VXW;6I,.55F97I835)V9&ER<U9D:7)S5F1I<6YD)B-X03M7
M='9D5S!T=&-2:5=#6E-K<V)D1U9H46I#0U%B0T-,66PU5FYU3D0Q96)Y;F9/
M6&A!32MI>G0Q94-T5VE*+VU4*W9A;5I/64-C94UF)B-X03M&<7AN:%!#9F=Z
M2$U6=61I<G-69&ER<U9D:7)S5F1I<G-69&ER<U9D:7)S5F1I<G-666%I:GI&
M-31D,BM,4R],:#1O3WHS<CE39CA!)B-X03MJ2%0W>#<U;"]W0C-J.#5F8S O
M5DQY:7I,35)U9&ER<U9D:7)S5F1I<G-6658U."\U4U!Y:B]Z2$@O:55E6F5N
M*VEF=6%-=C%2.3=.)B-X03MC>$<Y,DMU>%8R2W5X5C)+=7A6:F9N<E-:<G)3
M;#%#>3(Q5%-7*W0R8CEZ=S-D4&--;S9::V%E9%-O.'!B3F573FEX>D-B-DIQ
M<T=R)B-X03MA5&$V:D(O9#--665N.')D1U@O67-#37%Y44U:149L1U9I,&)K
M1U1S5F1I<G-69&ER<U9D:7)S5F1I<G-69&ER<U9D:7%8*UED5EA3)B-X03MD
M179D4F%L8F5*;5%(;UA/>40V5TE'5UEO8U5G1TTU54Q14&MB4U<P,WDQ87!,
M=F1824XQ9$UE<&QM*TDQ.7=+3#E'4S%%*TM:-VU/)B-X03M+3E)4-TM7>#)+
M=7A6,DMU>%8R2W5X5FA8;GHO04I34'EJ+WI(2"]I565:96XK:69U84UV,5(Y
M-TYC>$<Y,DMU>%8R2W5X5C)+=7A6)B-X03LR2W-1.&U$.48V,7)8;'<W4E%3
M:3AS1B\T;VXS2VHR4G%$37)0-F]X;CA#,#0Y:5ES=GI&8FY9<3=&6%EQ-T98
M67$W1EA9<3=&6%EQ)B-X03LW1EA9<3=&5TIF;4(O<%DP8E)D>4Y3=F]X34(S
M:&@K2U0Y64]:5VTR-'!D=V%C=3E$=DQ,8WA7-3)+=7A6,DMU>%8R2W5X5C)+
M<TLX)B-X03LK9CA!2U(K568K630O=T1%;SAY.5 Y12]C,%IF<6HW,F$U:4XW
M<U9D:7)S5F1I<G-6458O<FUJ86956#$Y0F)-0GDT4WE+<D5D9&Q*)B-X03MQ
M9F]Y8V-C<&-G>$UG3UI9-U X06UJ-6$Y5EE,0F)N5DHR,E=/,&A9;FPP02M0
M9V9U0GDX85-F33!'<S4T.4XP;FDQ=E9*+U!':C9P)B-X03ME85).<$U&>7-M
M;D9P;2M+54U#-D%O5E%R4GE-=$]-1$=99SA85FAX2&I"27)O.4AZ06-L,DMU
M>%8R2W5X5C)+=7A6,DMU>%8R2W5X)B-X03M6,DMU>%9J1W!7=#%C968Y2&LY
M2GIA,E9R8U,K='A005!,*S=P>396<%1B36E"07A(=DI$5DE834UN>DAB6%EQ
M-T9867$W1EA9<3=&)B-X03M867%W<GHU+WEK9FQ(+VU/4"]%;SAY.5 Y12]C
M,%IF<6HW,F$U:4XW<U936%503VYL4W<O,W Q4T%.5VA33G96645E2WAC,D@S
M6F1()B-X03M"3UA)341K:4]Q5$@X>DQE-D1$43E)=G169%-">5-0:$91.7DT
M-6MF4W57+VQ#4'%)1$1X<C5!;&\S9C5O-FQY149L6F%.0W<U4G9/)B-X03LO
M<E-G2'0X2$U6*V%$2&AW>#5K>5)E43E!1WHU1C%Y+TI/=65:8G5D2%5#4S-T
M04QE3W9H4596:"]S369Z15DO5$5F1E!H13AY:G10)B-X03LO3&IY9EI&5T9G
M='A+=E=3-5IP95AU5EDX4#A!:&-H3%9:1#%334U2,%I$8E=T=&%X0T<R:%-#
M1F9S>'AQ155F471";$)*4$YS07!I)B-X03LO=T-:1EET2G-B-61M<TY1=')G
M3C1567(O=T%B6FMA6#9I3SA&<GIC9V9.;&U9>F$W1EA9<3=&6%EQ-T9867$W
M1EA%9T%K;6=(531Q)B-X03MK='HU;W1"36)F5#1P3E-U4C%305919C8P;E%F
M:FQW=VYM9&=W32LW9$%A=&0K8UET3VUV5TU&;6M10CE'365P2E%K03%*-4QT
M6'1K)B-X03LT4GAK,7I9>4UQ=$57;6@S3C-B4EA-=7-8<$5Y3$EO:6-20VIG
M16)!2'AY37-G0G)H0U)'*W%T+VA:1B]U.50Q0D0S26XV;GA0=S10)B-X03M'
M.&=N9SAY:$1"<6-'<&9O-GHQ=WE8=V@K<R]63'%0;E=(;'<U96]"+TYT:W)"
M1FU/>4XW<3!19&,Q97<O=T-/=EE6:$A7-W1#6%%E)B-X03LW269I07=E2$=8
M,&XU<#1I3UE497EV-T\Y:$4Q<$US,%HW<65H.$-/;U!Z>7%54T]B24<Q9DEP
M9&ER<U9D:7)S5F1I<D%F>E5N=3=+)B-X03MF>2]Q8T51:U=Z=6U.6$E64%50
M1FM6:E550C1(9DTS4F=%4TAE2$AZ:VEI:7A:+VUJ<5!!>C-T;&\P5$-K:V1U
M;G)39TAU969.82\V)B-X03MR:DDX5T=024=42W-H-F=/6#AS<E<U-$YR;7)8
M,G%U<')X:VM+4E4X3TAX<U!O8D@X,E(Y24%2-$XX>5-N3VXK4R]+;&=0.$%2
M=$QG)B-X03M"<E50279Q<T-00G!/8D0W.'%L;FY,;5=W631J;VY757,S67$W
M1EA9<3=&5TQF;65"+V=F550S57=%2'=0,6E036Y39C-G+TA2<7HO)B-X03M!
M149L3UEZ83=&6%EQ-'-Q:7!)03DX5E=P3$4O,DA6=FM19C%9859D9U8R2V]E
M+W8W4W=T;75B<5%2>$HS-VMN;T%/-7E566U2;TE*)B-X03MP26]B9E5035-R
M8UAB=&$V43(X5G!'9FIL6'AK661"-V8W95A%:DAS3C5-2TUV8WE#,71,5S!H
M14YT17-54SE&555Y9WE*-7-W2U<S)B-X03LQ=#EA<W)I,G)4,6\S:G%E,TI3
M2S1X3D<Q27-*6C5/=698.'8R=TIQ.%!+2C8Y=4Q'9R\T1VU7-7A5:7AX;EI/
M<W!:<U5U;4U0-6TR)B-X03M4.4)D85A*05!C>'I'5$UK8C14-5-A:B]!2&YW
M6EAM33)P3&8K6$9->'9D2VLK;S,T,TI4*S=K-S!D3VTO:FPP8W935S191TA5
M2VUK)B-X03MA-&)M6G)'*VDK<39N15!J:% R6$$O86I08UE*-#8S1S17375H
M-7!T;%1.,DMU>%8R2W5X5DQV34]J46$Q;S$Q<',Q04HP;VIN.6QX)B-X03MU
M:F91=T=767-H:$E&:D]014M3;CAV=%EM=F1%*V\S;%)Q96MU8D\X4G%C<7@W
M27AP-'%+5C=K2$Q.5$-P5T]5=#)'2U9I:GI$2CAX)B-X03LR,3)+=7A6,DMU
M>%8R2W5X5FEN-6Y.6'EN3&(Y-W5E,VA(,'EQ,C,O04%/6D]K*W4K-7%Z+U-Y
M=DU:=%$Y-V97.7!'2&Q/-V))9S-:)B-X03MJ-$%:2TU3544P:$)(<3$W.%5K
M;C%+03E),#-L23DR-UI+-&IZ4G56-C9$<'974D=M9G4X:G-4*T)'4&E&945*
M9F]U;%=&>EIU.#!8)B-X03M*>$EY:'%S0T%+539(2C5*:T9%445A9$UU-V8T
M<D<V654O,U1..&%(,G(Q1U$T=V595%AC<5=U<49P:&)88V8Q938O6D(K>2\K
M<6-")B-X03MH,4A*455T='1-=4Y8=E=V.5=I2U<P4DLR5FA*,$$V1C5&.%1L
M:&U):6\O3FE"6G-O9%=L.'(S;VIB:RMG,TQN9S(W1S-C.6HO:R\U)B-X03LY
M97-V-W=F,&@Y<5!P4&MY:%=6,41+47ES2W%W,T)"-VI-6G1B>%9J,VQR;&)A
M;G)/;D=I<DA/2C1K2#AS=W(K;TQL*UAE35,Q=S5K)B-X03M-:'EH<UEL-7A*
M<SEF.',V=#!32S=E>FQB,G5K-&EV<TM(37)"=D=59DLO:S U3FE#>3--5G5D
M:7)&3EED=&1V;S=B4U98,6)*=50V)B-X03MM4U%S8D0Y:$=(,G$U:W<Y0758
M6&\Q4SE2,E1F4617:W9)<$QE-U@P=%-T1'=U;W5L5#)C97I:5FMH5S0U1FY'
M5BLY3DUR6D]X5C)+)B-X03MU>%8R2W-',6](>3$U,G1.8E0T3DPQ;6QP<5!:
M56TO66M0441P6#9'.&-Z368W>D=9.5DW:&]L-EI8,$Q/8W<R.3)+=7A6,DMU
M>%8R)B-X03M+=7A6:69N52]7=%<X=&%5=35M=GAD3W8K4F%R>6%V=#A76D]$
M84UP95@S=%=48V=E8DIR=39I=&)D-350<V]/;F-N<T)M4$5786)#)B-X03MA
M46UN,E5J>698-WIE-68K-U$Y23$W041X>6-P9$)Y44(Q5$A+,E1S5E-R>3,O
M=D1*+WAM9CE1>3-,>EEX-4IR;%1*2TQY-&AV=%5/)B-X03MK96QZ.4],,7!R
M9T=H:5DO64$Y>C%Y,DEQ4$5W2G,P<C9B9%1#4C='-TYB;4565B\Y*THR8BMU
M4FU">D-196E-=6)A0S5G93-N45-1)B-X03MY1&DV2&]2:U%31%E34F)'-TLT
M;3AU,WDV8F5/6#!M9&HY4G5M+S-74V8W='HP2"M:*U=2265)3$@Q3EE00V%0
M2FQ'67IA>#910S$X)B-X03LW>$U&*TA53%9K62\U8V9X9CA245IE3CAF=4Q8
M>6MY2$M'>$EF4%=L=G%8;&4Y:&E(*VM22TQI,TDV:#14>D908V=%9E1L,FYN
M=WI$)B-X03M8;&IC4VID0C%E3%9.1'1.5$)!5V5)4$EE9U9G2U-$9BM69U)K
M8VM/1U)$2TUR1G!B4&0S9FU#6C=45#-A1%-K2E<V=E%+1U%J<6M8)B-X03MT
M-&XO041.9VE)8FXV;4XX6$QK;G1L6E=T;&)P8C(P66IH5&]O+U=F13522U)*
M<W-W2U-B>D1!.6QC438W8DQ6-V5I6&E$+V1K1$=H)B-X03LK;&8X*VU866I9
M-%-X;G1U;G-5:V-S85-X<T=J8T)K661#0TMG-5%25$YD:7)S5F1I<G-64W9Z
M3F]C5W0V2&1A83E!,'E6:&,O<WER)B-X03LX4TXP3S-)8C W6EII>6-%9U=-
M-#A1<$QV24]U5&%N;UEH=DMR<65N36)3*U(O=#@T.6=Z5DYA:T1F.$%Y9V-S
M,4]0:&QT>4\W1$9+)B-X03MX=GI$2F-X,C$R2W5X5C)+=7A6,DMS4C X+W!8
M.'=R-CA(>%<R:3(V,F-2-V5V2U,P:$AU0E94;59,,#1G4#4R-U-.-6LY>60S
M42MT)B-X03LV=$1A;F5',E@Q<%(R3&1&0B]8;$DR:F)99'EM959S;EEQ-T95
M<3AT+W=#.$UN+T=:+S%$3&-V3FI(:VUC:VE2>'1)-6]I07-X.$%")B-X03M5
M-55!>5EB;U!M3S%T1W5,<E5O6F]8,4=5>7)D1D-9>6<R5E%2=CA!1#=$379*
M:4IO1&\P>&Y83D\W;3=T3#%98C=46E9U6G):9WA3)B-X03M-,6-X='-W2R]A
M2# U54EK8D9M5&4T5&Y+5V%(=C=#,78W5C=7-51N12\S9SEI1#))>55:1TIS
M24ET23E)=G)R4V(Q9$4Q3BM58F)A)B-X03MD94A:6%AS:$HW:F]".4AH;# T
M:5$T;R]&:$4P84LO>F13,V93.5-*249R9$MR,"]K:S-B+VE&34=$97@S:%HY
M0WE(2T=X6DY.1D1%)B-X03LP<W)I3TY"5C-9,$%!.&-)1G%W6%%B5S!H,5!5
M4$MC-W-.3G5Y3E,P;&\R-&@T2D16-&=F04AT.'IM6FM*245X>D=X84E$8W@V
M8S)D)B-X03M145%W47!$0V=J:5%54D9&04)M1U1B9E,O07%Y84=/848T6D)Y
M:FM5;S8K25E53T5';%-F>6Y,26QN4' P<'),<#!Z458X57)61&QU)B-X03M9
M8C,S<TEC<51V2U=B<U9D:7)S5F1I<D(Y5&(O04$Q-39T.5-(=V%4<C1&=&9D
M:U,U6#=%:"MY;W(T;B]!0WIM6D0Y-6IR*TM0,V9J)B-X03LY1%),,'IV;U=C
M6FAT-W-69&ER<U9D:7%7*UDY86@P6%)B<E5:845W<"LV5"MA4G1K6#973U=9
M<V9(24)J3UA#3%%F:VI2<&1,,$-*)B-X03MB:VLS.3)Z6&0V>"LP6EIV:4E0
M=6]O1&MT4E!I;'1Y1WI(2$=H-6\S5%!J=G11;%!5>6E0-D5&36I0:T=1-6Q-
M8W):3WA6,DMP5C5B)B-X03LO=T(T2"\T>78K;UIB;#5S63AN96%R9W=E6#<Q
M,2LP>4--9C@Y1T-(.$=X=VDU0EIN6D<R;'!(1%E1,FI+1U-/2EDR56=%2&EO
M0G)K)B-X03M*4W,R:T1:3&(O>6YO53E::$-B5U)F:3E7,E!P:U5(6E)69G=Y
M>4]A43@R2F=%1F)7=FUE0T),:E1R.6(K,UE&:$)E0VHW-U4U9VMK)B-X03LO
M=T-Y07E234-A27(S24%L,%92-7-M=$-%,6Y4<')--T0Q:TAQ4D4O-G<O:%A"
M-$XO4V)8:G)M159C=&]8;4MX83)3-&IL2DA+37%A)B-X03M327<V3GA.1WE)
M-'-:=$IQ45-+*W9,='1*=F1#,5=G=F])+U9T8F<Y2F\T:4A&1#-A:6XK3SEC
M=FI%8U%L2&MW2C)O<VMS.5=T>&]6)B-X03MV<4YZ2T9J34MT3$EF-7%56690
M;'1M4$M"-'%$64IB5VQK5G1E95E:5G5B,5=G,&1$5S-T1%97;3A(:SEV068W
M95=%:4=W*W!J6$9Z)B-X03LU3F5C.41U6C=+,S%,4VQ#871O-V5T6FA2.71!
M4&IH;T]Z2T]N,&0X8T=103%,-EI)>5(R<V-W;6YL+U<W5%<Y2F<Q1S).16Q(
M>'AN)B-X03MQ:FI::U!Y3U8U35IH2VEZ:$E31G!J;&)*,DMP2&%J,%!..3='
M3FQU-U=/96YV1S-P-6-D.%DX:7=(,4HU;$Q.,DMU>%8R2W5X5DMF)B-X03M.
M96=X83=O5GIP-U5%:G)Y=#-0-TUQ-V]A-S S,E!T6$QC3U1G:T-W>5$T:%-$
M.&EA."MR-D)%8F=K86A:;C9R9DDY969Q4C=C;7)V)B-X03M6:'5F9753,4=0
M:&QT>4M-53=(;7E,2T=X,DMU>%8R2W-,9'8X5BMA,&I4-#E",$=4;DDS5DHW
M=V1!4$99+SA!4%EJ378K-V@O4VPY)B-X03MZ5#EC=DE-,'I%8FMU,#,T3"]5
M250Q.5):0CAN1F-S;GE$16-Y;4]6<VY9<6QM<EA5<VIR<#%Q9CE);2]V5R]K
M:C=K+U!,241Q5TUJ)B-X03LP4C%P87A7='5K15%O<41R,THW:R]025-.;3!G
M56Q(;DPO:FIG2#=";FE$;B]*-5IB9RMP:FLU2C5L3$Y2=G!"2%IZ=65I>'-F
M=W=X)B-X03M'-D-P851'63E.=&Q06#!W9BM#,R]J:&UD>7-E4TIK94Y%3%--
M1E%F85II04%097520U=,87=N:TYZ5V%32T]5:EHW56MK2#520FQR)B-X03LX
M>&U41'AF-U=Q6$-X,CEH=F115DDY3TXW9C(V3BLW865+<%1W06Q"2BMJ65IK
M4DEJ>F].6D)02DY03%9G2C=X9$XQ:&U75%1W5W1T)B-X03M08T%),TEL:35.
M9FIP6#=S<7EY;UA(<C%:44A1<S5Z1&(S67%W;E9)6B]+3W-Y835:;S!M9S,W
M1#E,,G%B*VI)5%0V=V<X1"LP4#=+)B-X03M:8T--<V5%+U5/6#9M:5AO3FIL
M,5IJ83-6=F17.&1Z8E-,3$)+;V%/4E15340S1UEP0D)O='=.<75"2U)Z,2]X
M;&)5,W):=GDY:'HV)B-X03LU8U W<RLY9V9Q5'I+5V)S5F1I<G-69&ER<U99
M4&1,+T%)83@O4EAI+T)P6&U,.7IC+WEP9'(Y;'1V-6EE+VDR6F<O95EQ+VEJ
M.7I1)B-X03MF5$\K:VUC6FAT-W-69&ER12].3W0S,35E1'EX;TQF-VMP,7)E
M,UDK>F%W2#=22DA2>4]N.6%::S1C64$T-6-V=F%P>4I00T]A9F%*)B-X03MO
M,6QO*VU1-F9:<GAH:$9+;C=4369T3S-U>'EN2DUZ3FQN1TE!;TDW24UK<W94
M.54Q4T,X3S!-=SE#63EG97%K-5I(94Y-5'-5>GET)B-X03MK:&13=FMS-UEY
M2#1P1#A-4V0R63E-;$-.;$).2U=K,D1W4G108TAL950O1DMX-U8O6BMJ1$]6
M-T1K:4E2*U%:2E U=FE-;FPV-S0O)B-X03MA44I)<#A/1&<O<7DS06971T=4
M:V@O.$%'=6U314IA=S-&-4U6<G=H:DHK2VY496@O1$IF;'HQ,E(T9U5P3E<X
M>5AW.4=$4UDT430K)B-X03M*8G515DLY2VU0-$AP:$5)1&UF:W9%5#!8+V]F
M>E9C<59U=%=3,E-U,&1R2#(X03-W34U(2$%C:#@Q-%I(<794>5AP5%-E<&53
M,T8Y)B-X03M*5#1J4$E4=C0O1'A0-#0K4$QP<W9H:G%M9')O=6LR=D4R.7!&
M1WDO6F-)0S,O0D@T=GAY<S5*2&U766E!:DUG;$MD93!-86A':SEU)B-X03LS
M;V%L8F9&8EA!,DY2=G=B+TI0-&9F;'502G<W2&MW;$<O93=13F(K=F\Y=F-P
M-D=P5S-W,TU",D\R,TY2+TMF=RLW2$IJ-&1X>5=-)B-X03MR.39B6E5Z86MJ
M4U)':FM54$<T2W5J0V])3WA"0C=99W%W:6$R,4AY5&-Y6%9J1SDU-5=L8FYC
M5V%K=$IA16UR4$A8<6YT.2]J;5E#)B-X03M-;V\W5"LY;V]W-693>2]49%1S
M3E1S,'9,1UI:-V54-TQO92]G4C%"2&-(35=C1$4P5S130D9H3$EZ-C-N2UIV
M,F)7>5=-*WI34'DO)B-X03LT:FQH,G@K.'-F-&LX>6QM-T9867$W1EA9<3=&
M56PX-#9!=74V0F,R27 Y64$Y5S!9-U5M5&1D*S%F<VXR3UA936Y"249H:VAX
M0VQ,)B-X03MY4')Z-C$U9FAN;G%,,D%M,W963W@Y5T]G2E!4-U%O,S T9%)J
M-$I53U--52M)2B]L1%EX2%=03E8W<4XT,F@K5F%4,V\R=3E3-G=7)B-X03MW
M-S<P25HO.#DK,E9$0TEJ:6YY-W4Y<&Q-:S%&3U!,;FQU>#!+,&%+071.8U1.
M-FPS95-B>7I32&9K>"MN65I6;'EM6C-:=V=):$YS)B-X03MQ6G5X5E-U8F%+
M-6=E0U564GA1*S-G4CAS24Y',$5)0S!V;7,R3FQQ1&-7:D)-334K>39$*TEY
M8V\S=45!,7I75T5B-FID+W!'8U5G)B-X03MJ2E=Z:5!T*S)F.$%0.5='4C12
M45%..3 S>7!M-T963S9G4S1T<&)D+W-423!B9DIH42]R=V<P8E%1;$=L6$5U
M;#9&8GA8>6-B;4QL)B-X03M':TMK179X66AA57(Q1DUT;4]+5WI'2F]B;WI4
M8E-:5V4X=78Y-C4K;S=);EI":TIY-D1K:T)(-4)K-T9867$W1EA9<6MM=C9*
M3D\V)B-X03MA;'!P.4Q68F)D0TM5:U5F<TY8,C9F9#AR<V53=&HY3$-596\U
M;W)1.6%H,5,R3$)41F-X2&AC,C=F85)X-TAE;5)Y62M%*U-9>71-)B-X03MC
M<EI/>%9I96]E5')U>'4S,51Y<F-#=W4S4$LT<T@S=$HO;6<K=V9C9FAM5$A/
M0T]'930W*W)38UI"=4LS4R]/96UX6'HR,G4R:#!0)B-X03M72G50<6UB*S9L
M-$1I0VLS,F%F4#=Z:&YG2D9X4$9&635"92MX6F%R2S9H;$E:5T9666)G9SE#
M1&U+,TXT<3=&6%EQ-T9867$W1EAN)B-X03ME;V%T82M54%!6>$Y8,610,7%,
M,4QI,6<T=$ML>6Y1.$LX=FI*,G)3<%DO>35N>&=C=4UD.&9U8UEY-$HK4E(W
M5W9M>GI8=&5C=$(P)B-X03M*=71S<"\P>61F0GHO=7-(=R]!-5AC369,,5,K
M>&Q5<#@Y9WER4W1*,#=3<DY,3W=G5T-"4#)6-FLY,EDY4V9C-6I4;5I'>3-2
M:4%+)B-X03M#3'E+6%EQ-T9867%O,V1N8C-C4FEN5&MV8GA".%%C35I%8VM%
M5V=5:3%7=T%324,Y=%9&1E5K3$EO2&%V435/-'DX:6IC3'AR='%U)B-X03LQ
M>$A,8G0S16E(*T9C9D104F5*>#$O5$0O9'4P<"]L4D=R*TE'4&A&94E.1RLQ
M3S4R=$Q5=W%F.3-82'<P*U-$9DAH035L8DM(8S)M)B-X03ML,V1T2F9-.#EX
M9'59>&1S0G=J86UW-B]$6'1K=#5!,3!2>35P,6Q,3C)+=7A6,DMU>%8R2W5X
M5DE.8S!M-VAU:')7:T-L.4=0.4EG)B-X03M(4V1/-$DW;B]0<E1,.&-W4G=Y
M-4YC;SE1;5=K871A-G!:<F-W1VYA4TTO85)U-FY+-7=-5%):4FQA3GE$2DIV
M370Y3W-%5VY76B\P)B-X03LK+V(P-'E/<4HK,C5P,&]-=7A21C)E45E44%%)
M,F933E!U=%!3>'99574T15%*4UE"<3A25&Q5.2]F24-:0G-B36I%15573VYY
M2F,V)B-X03ME-6LX=&%T4'!G2C5F5350.4ET:68Y4CEX.#DX=B]-0U@Q:2]V
M879#<C945&8V52]-4%0V:3@P;3(Q5TYF.3-753-P35(T;$I"56XR)B-X03M!
M>#1-575223DV.%5X>D9R=BM69U)W9V98.44Q4S!B=7I7+TM0-DA",RLW0BM7
M=FQ+2BM+9D8W=UA$.'IF2S,W8EA#3C-2<F53;RMD)B-X03M!8V9Y:R]*9D=I
M-&9M4F\X:'!A,E=O6%I0,E)$8DU397=P57)J*U9L,4E(>%AX:#5T2'I6-7)U
M>G@P>GEZ36=04V$K:U=!1#5O9'HY)B-X03M">#A'035Y*U,X8VIY0S V0C4S
M,5$O-VQT6E14-V,W=&$V5W!6=FPV>B]%4'A'2'A-8V9P:F9V4G=34$TQ-VLQ
M,%AY:#5F,&,K<%HR)B-X03MQ;34V=&13+W9*:50Q4$YQ,'(W57ER2FYL3&U7
M8V-92$I/8W%:=7A6,DMU>%8R2W5X5C)+=7A6,DMU>%8R2V]853E/=#E2<W!,
M4V-F)B-X03M"24YM2%972%)H-VI*46M9;7=G:7=L,F@V;D]K<F%0<5)P<49U
M4#-C:#94>&IO-FYU861F.79,36M".5$U35EN;U4W>6QM-T9867$W)B-X03M&
M6%EQ-T9867%X=E8W0S8P;3AB5SE,57-H,S%#>D=Y=6\S3&IW22]T.&-Y25-%
M:'=Y*T18259U17E0;4A3>'!0-E5%=&)C:EEF=&,O)B-X03LU2V9Z9C4Y37(X
M2UA&=W-U259A1S!+>'5P6C5.6C%&94XU8VEK14HO,U1$,E@U;G8O=#5,2DE!
M8TDU26E/<%1V2U=B<U9D:7)S5F1I)B-X03MR<U9D:7)S5F1I<G-69&ER<U9D
M:7)S5F1I<G-69&ER<U9D:7)S5F1I<5@V>&\P1W!1<4-X:759:GET<FQF=&\S
M:5!B,GEC36AI>&Q')B-X03LP1EIA.5!A>DQ9831O=#=N<$9D+S=P;4AI1S9+
M9C@Y<VY,1T1V1D%L5WA4,$=U-#9:4WID:7)S5F1I<G-69&EQ6#9R<F1L<'%!
M4VMY)B-X03M81#=1,C!F>%-/5#!O0BMV2G=X;51'56=%;S!0>7EF<F)A;&91
M<D1Z8WDR*VYR57AX368R:C(U9G$O5F)K>F)54&UX:D1Q5U0U:G1J)B-X03MS
M5F1I<G-69&ER<U9D:7)S5F1I<G-69&ER<U9D:7)S5F1I<G-69&ER<U9D:7)S
M5F1I<G-69&EQ:F0R9')D=TY"8WA,3$4S5D=&9G!()B-X03MG8TU:14=W9VDP
M;4=I-GAP<')O.3)*3&-D3$<V<7EG94-/3GAL,VE2;#E1*TQ$:$DU3&@U;75,
M654Q5%1,:3))-GEX:C%O=BM#6'!G)B-X03LX24@V4VYJ-W=R4BMB=DQS9W%,
M,58Y;58Q4#1G641G;C-,>&AE+VUF>2MN5RMI4"MQ4S,V<3100FPS2C1W:#(X
M-&%9-4LR56,Y."]:)B-X03M926U)<C@R-#5,=T0Q,E(T9S9,0R]M<E5F:%9%
M,&TR4%8R26QN23EG3F@K=D0V22\P;#E2.&MB<&UG5T9G>&U53E!D=B]E6%5X
M-7E%)B-X03MN<G5E;C!:0V51>3EY4D5"37-R6D]X5C)+=7A6,DMU>%8R2W5X
M5C)+=7A6,DMU>%8R2W5X5C)+=7A6,DMU>%8R2W5X5C)+=7A6,DMU)B-X03MX
M5C)+=7A6,DMO834O4FY,+U-V435F.$%&=D-V+T1:25@P46%1.%@K2&$O=69Q
M;&%J-TAP9&4S5$I(:C@P8DIG=DAI3T9/4&%N4VU6)B-X03MS;3A69&ER<U9D
M:7)S5F1I<G-69&ER<U9D:7)S5F1I<G-69&ER<U9D:7)S5F1I<B]!4"]:/"]X
M;7!'26UG.FEM86=E/@H@(" @(" @(" @(" @(" \+W)D9CIL:3X*(" @(" @
M(" @(" @/"]R9&8Z06QT/@H@(" @(" @(" \+WAM<#I4:'5M8FYA:6QS/@H@
M(" @(" \+W)D9CI$97-C<FEP=&EO;CX*(" @(" @/')D9CI$97-C<FEP=&EO
M;B!R9&8Z86)O=70](B(*(" @(" @(" @(" @>&UL;G,Z>&UP34T](FAT=' Z
M+R]N<RYA9&]B92YC;VTO>&%P+S$N,"]M;2\B"B @(" @(" @(" @('AM;&YS
M.G-T4F5F/2)H='1P.B\O;G,N861O8F4N8V]M+WAA<"\Q+C O<U1Y<&4O4F5S
M;W5R8V52968C(@H@(" @(" @(" @("!X;6QN<SIS=$5V=#TB:'1T<#HO+VYS
M+F%D;V)E+F-O;2]X87 O,2XP+W-4>7!E+U)E<V]U<F-E179E;G0C(CX*(" @
M(" @(" @/'AM<$U-.DEN<W1A;F-E240^>&UP+FEI9#HW0C<T,D0X1D9"-4%%
M-S$Q.$9$,D$X14-",D0R0D,R0SPO>&UP34TZ26YS=&%N8V5)1#X*(" @(" @
M(" @/'AM<$U-.D]R:6=I;F%L1&]C=6UE;G1)1#YX;7 N9&ED.C1E,#5C,#AA
M+3DU-F(M-&8S92TY-S,R+34S8C)C.6%B,#DP93PO>&UP34TZ3W)I9VEN86Q$
M;V-U;65N=$E$/@H@(" @(" @(" \>&UP34TZ1&]C=6UE;G1)1#YX;7 N9&ED
M.C="-S0R1#A&1D(U044W,3$X1D0R03A%0T(R1#)"0S)#/"]X;7!-33I$;V-U
M;65N=$E$/@H@(" @(" @(" \>&UP34TZ4F5N9&ET:6]N0VQA<W,^9&5F875L
M=#PO>&UP34TZ4F5N9&ET:6]N0VQA<W,^"B @(" @(" @(#QX;7!-33I697)S
M:6]N240^,3PO>&UP34TZ5F5R<VEO;DE$/@H@(" @(" @(" \>&UP34TZ1&5R
M:79E9$9R;VT@<F1F.G!A<G-E5'EP93TB4F5S;W5R8V4B/@H@(" @(" @(" @
M(" \<W12968Z:6YS=&%N8V5)1#YX;7 N:6ED.C=!-S0R1#A&1D(U044W,3$X
M1D0R03A%0T(R1#)"0S)#/"]S=%)E9CII;G-T86YC94E$/@H@(" @(" @(" @
M(" \<W12968Z9&]C=6UE;G1)1#YX;7 N9&ED.C=!-S0R1#A&1D(U044W,3$X
M1D0R03A%0T(R1#)"0S)#/"]S=%)E9CID;V-U;65N=$E$/@H@(" @(" @(" @
M(" \<W12968Z;W)I9VEN86Q$;V-U;65N=$E$/GAM<"YD:60Z-&4P-6,P.&$M
M.34V8BTT9C-E+3DW,S(M-3-B,F,Y86(P.3!E/"]S=%)E9CIO<FEG:6YA;$1O
M8W5M96YT240^"B @(" @(" @(" @(#QS=%)E9CIV97)S:6]N240^,3PO<W12
M968Z=F5R<VEO;DE$/@H@(" @(" @(" @(" \<W12968Z<F5N9&ET:6]N0VQA
M<W,^9&5F875L=#PO<W12968Z<F5N9&ET:6]N0VQA<W,^"B @(" @(" @(#PO
M>&UP34TZ1&5R:79E9$9R;VT^"B @(" @(" @(#QX;7!-33I(:7-T;W)Y/@H@
M(" @(" @(" @(" \<F1F.E-E<3X*(" @(" @(" @(" @(" @/')D9CIL:2!R
M9&8Z<&%R<V54>7!E/2)297-O=7)C92(^"B @(" @(" @(" @(" @(" @(#QS
M=$5V=#IA8W1I;VX^8V]N=F5R=&5D/"]S=$5V=#IA8W1I;VX^"B @(" @(" @
M(" @(" @(" @(#QS=$5V=#IP87)A;65T97)S/F9R;VT@87!P;&EC871I;VXO
M>"UI;F1E<VEG;B!T;R!A<'!L:6-A=&EO;B]P9&8\+W-T179T.G!A<F%M971E
M<G,^"B @(" @(" @(" @(" @(" @(#QS=$5V=#IS;V9T=V%R94%G96YT/D%D
M;V)E($EN1&5S:6=N($-#(#(P,34@*$UA8VEN=&]S:"D\+W-T179T.G-O9G1W
M87)E06=E;G0^"B @(" @(" @(" @(" @(" @(#QS=$5V=#IC:&%N9V5D/B\\
M+W-T179T.F-H86YG960^"B @(" @(" @(" @(" @(" @(#QS=$5V=#IW:&5N
M/C(P,38M,3(M,3E4,3$Z,# Z-3(M,#4Z,# \+W-T179T.G=H96X^"B @(" @
M(" @(" @(" @(#PO<F1F.FQI/@H@(" @(" @(" @(" @(" \<F1F.FQI(')D
M9CIP87)S951Y<&4](E)E<V]U<F-E(CX*(" @(" @(" @(" @(" @(" @/'-T
M179T.F%C=&EO;CYS879E9#PO<W1%=G0Z86-T:6]N/@H@(" @(" @(" @(" @
M(" @(" \<W1%=G0Z:6YS=&%N8V5)1#YX;7 N:6ED.C9F9#8X,V4T+69D9#(M
M-&)F92TX-34X+65C9#DW9C-E-C T-3PO<W1%=G0Z:6YS=&%N8V5)1#X*(" @
M(" @(" @(" @(" @(" @/'-T179T.G=H96X^,C Q-BTQ,BTR,50Q,3HR-CHU
M.2TP-3HP,#PO<W1%=G0Z=VAE;CX*(" @(" @(" @(" @(" @(" @/'-T179T
M.G-O9G1W87)E06=E;G0^061O8F4@26QL=7-T<F%T;W(@0T,@,C Q-R H36%C
M:6YT;W-H*3PO<W1%=G0Z<V]F='=A<F5!9V5N=#X*(" @(" @(" @(" @(" @
M(" @/'-T179T.F-H86YG960^+SPO<W1%=G0Z8VAA;F=E9#X*(" @(" @(" @
M(" @(" @/"]R9&8Z;&D^"B @(" @(" @(" @(" @(#QR9&8Z;&D@<F1F.G!A
M<G-E5'EP93TB4F5S;W5R8V4B/@H@(" @(" @(" @(" @(" @(" \<W1%=G0Z
M86-T:6]N/G-A=F5D/"]S=$5V=#IA8W1I;VX^"B @(" @(" @(" @(" @(" @
M(#QS=$5V=#II;G-T86YC94E$/GAM<"YI:60Z-T(W-#)$.$9&0C5!13<Q,3A&
M1#)!.$5#0C)$,D)#,D,\+W-T179T.FEN<W1A;F-E240^"B @(" @(" @(" @
M(" @(" @(#QS=$5V=#IW:&5N/C(P,3<M,#8M,C=4,3$Z,C0Z,C4K,#4Z,S \
M+W-T179T.G=H96X^"B @(" @(" @(" @(" @(" @(#QS=$5V=#IS;V9T=V%R
M94%G96YT/D%D;V)E($EL;'5S=')A=&]R($-3-B H5VEN9&]W<RD\+W-T179T
M.G-O9G1W87)E06=E;G0^"B @(" @(" @(" @(" @(" @(#QS=$5V=#IC:&%N
M9V5D/B\\+W-T179T.F-H86YG960^"B @(" @(" @(" @(" @(#PO<F1F.FQI
M/@H@(" @(" @(" @(" \+W)D9CI397$^"B @(" @(" @(#PO>&UP34TZ2&ES
M=&]R>3X*(" @(" @/"]R9&8Z1&5S8W)I<'1I;VX^"B @(" @(#QR9&8Z1&5S
M8W)I<'1I;VX@<F1F.F%B;W5T/2(B"B @(" @(" @(" @('AM;&YS.F1C/2)H
M='1P.B\O<'5R;"YO<F<O9&,O96QE;65N=',O,2XQ+R(^"B @(" @(" @(#QD
M8SIF;W)M870^87!P;&EC871I;VXO<&]S='-C<FEP=#PO9&,Z9F]R;6%T/@H@
M(" @(" @(" \9&,Z=&ET;&4^"B @(" @(" @(" @(#QR9&8Z06QT/@H@(" @
M(" @(" @(" @(" \<F1F.FQI('AM;#IL86YG/2)X+61E9F%U;'0B/F-I<F-L
M97,\+W)D9CIL:3X*(" @(" @(" @(" @/"]R9&8Z06QT/@H@(" @(" @(" \
M+V1C.G1I=&QE/@H@(" @(" \+W)D9CI$97-C<FEP=&EO;CX*(" @(" @/')D
M9CI$97-C<FEP=&EO;B!R9&8Z86)O=70](B(*(" @(" @(" @(" @>&UL;G,Z
M<&1F/2)H='1P.B\O;G,N861O8F4N8V]M+W!D9B\Q+C,O(CX*(" @(" @(" @
M/'!D9CI0<F]D=6-E<CY!9&]B92!01$8@;&EB<F%R>2 Q,"XP,3PO<&1F.E!R
M;V1U8V5R/@H@(" @(" @(" \<&1F.E1R87!P960^1F%L<V4\+W!D9CI4<F%P
M<&5D/@H@(" @(" \+W)D9CI$97-C<FEP=&EO;CX*(" @(" @/')D9CI$97-C
M<FEP=&EO;B!R9&8Z86)O=70](B(*(" @(" @(" @(" @>&UL;G,Z<&1F>&ED
M/2)H='1P.B\O=W=W+FYP97,N;W)G+W!D9G@O;G,O:60O(CX*(" @(" @(" @
M/'!D9GAI9#I'5%-?4$1&6%9E<G-I;VX^4$1&+U@M,3HR,# Q/"]P9&9X:60Z
M1U137U!$1EA697)S:6]N/@H@(" @(" \+W)D9CI$97-C<FEP=&EO;CX*(" @
M(" @/')D9CI$97-C<FEP=&EO;B!R9&8Z86)O=70](B(*(" @(" @(" @(" @
M>&UL;G,Z<&1F>#TB:'1T<#HO+VYS+F%D;V)E+F-O;2]P9&9X+S$N,R\B/@H@
M(" @(" @(" \<&1F>#I'5%-?4$1&6%9E<G-I;VX^4$1&+U@M,3HR,# Q/"]P
M9&9X.D=44U]01$985F5R<VEO;CX*(" @(" @(" @/'!D9G@Z1U137U!$1EA#
M;VYF;W)M86YC93Y01$8O6"TQ83HR,# Q/"]P9&9X.D=44U]01$980V]N9F]R
M;6%N8V4^"B @(" @(#PO<F1F.D1E<V-R:7!T:6]N/@H@(" @(" \<F1F.D1E
M<V-R:7!T:6]N(')D9CIA8F]U=#TB(@H@(" @(" @(" @("!X;6QN<SIX;7!4
M4&<](FAT=' Z+R]N<RYA9&]B92YC;VTO>&%P+S$N,"]T+W!G+R(*(" @(" @
M(" @(" @>&UL;G,Z<W1$:6T](FAT=' Z+R]N<RYA9&]B92YC;VTO>&%P+S$N
M,"]S5'EP92]$:6UE;G-I;VYS(R(*(" @(" @(" @(" @>&UL;G,Z>&UP1STB
M:'1T<#HO+VYS+F%D;V)E+F-O;2]X87 O,2XP+V<O(CX*(" @(" @(" @/'AM
M<%109SI.4&%G97,^,3PO>&UP5%!G.DY086=E<SX*(" @(" @(" @/'AM<%10
M9SI(87-6:7-I8FQE5')A;G-P87)E;F-Y/D9A;'-E/"]X;7!44&<Z2&%S5FES
M:6)L951R86YS<&%R96YC>3X*(" @(" @(" @/'AM<%109SI(87-6:7-I8FQE
M3W9E<G!R:6YT/D9A;'-E/"]X;7!44&<Z2&%S5FES:6)L94]V97)P<FEN=#X*
M(" @(" @(" @/'AM<%109SI-87A086=E4VEZ92!R9&8Z<&%R<V54>7!E/2)2
M97-O=7)C92(^"B @(" @(" @(" @(#QS=$1I;3IW/C8Q,BXP,# P,# \+W-T
M1&EM.G<^"B @(" @(" @(" @(#QS=$1I;3IH/C<Y,BXP,# P,# \+W-T1&EM
M.F@^"B @(" @(" @(" @(#QS=$1I;3IU;FET/E!O:6YT<SPO<W1$:6TZ=6YI
M=#X*(" @(" @(" @/"]X;7!44&<Z36%X4&%G95-I>F4^"B @(" @(" @(#QX
M;7!44&<Z4&QA=&5.86UE<SX*(" @(" @(" @(" @/')D9CI397$^"B @(" @
M(" @(" @(" @(#QR9&8Z;&D^4$%.5$].12 W-C@R($,\+W)D9CIL:3X*(" @
M(" @(" @(" @/"]R9&8Z4V5Q/@H@(" @(" @(" \+WAM<%109SI0;&%T94YA
M;65S/@H@(" @(" @(" \>&UP5%!G.E-W871C:$=R;W5P<SX*(" @(" @(" @
M(" @/')D9CI397$^"B @(" @(" @(" @(" @(#QR9&8Z;&D@<F1F.G!A<G-E
M5'EP93TB4F5S;W5R8V4B/@H@(" @(" @(" @(" @(" @(" \>&UP1SIG<F]U
M<$YA;64^1&5F875L="!3=V%T8V@@1W)O=7 \+WAM<$<Z9W)O=7!.86UE/@H@
M(" @(" @(" @(" @(" @(" \>&UP1SIG<F]U<%1Y<&4^,#PO>&UP1SIG<F]U
M<%1Y<&4^"B @(" @(" @(" @(" @(" @(#QX;7!'.D-O;&]R86YT<SX*(" @
M(" @(" @(" @(" @(" @(" @/')D9CI397$^"B @(" @(" @(" @(" @(" @
M(" @(" @(#QR9&8Z;&D@<F1F.G!A<G-E5'EP93TB4F5S;W5R8V4B/@H@(" @
M(" @(" @(" @(" @(" @(" @(" @(" \>&UP1SIS=V%T8VA.86UE/E!!3E1/
M3D4@-S8X,B!#/"]X;7!'.G-W871C:$YA;64^"B @(" @(" @(" @(" @(" @
M(" @(" @(" @(#QX;7!'.G1Y<&4^4U!/5#PO>&UP1SIT>7!E/@H@(" @(" @
M(" @(" @(" @(" @(" @(" @(" \>&UP1SIT:6YT/C$P,"XP,# P,# \+WAM
M<$<Z=&EN=#X*(" @(" @(" @(" @(" @(" @(" @(" @(" @/'AM<$<Z;6]D
M93Y,04(\+WAM<$<Z;6]D93X*(" @(" @(" @(" @(" @(" @(" @(" @(" @
M/'AM<$<Z3#XU-2XR.30P.3@\+WAM<$<Z3#X*(" @(" @(" @(" @(" @(" @
M(" @(" @(" @/'AM<$<Z03XM,3PO>&UP1SI!/@H@(" @(" @(" @(" @(" @
M(" @(" @(" @(" \>&UP1SI"/BTS,#PO>&UP1SI"/@H@(" @(" @(" @(" @
M(" @(" @(" @(" \+W)D9CIL:3X*(" @(" @(" @(" @(" @(" @(" @/"]R
M9&8Z4V5Q/@H@(" @(" @(" @(" @(" @(" \+WAM<$<Z0V]L;W)A;G1S/@H@
M(" @(" @(" @(" @(" \+W)D9CIL:3X*(" @(" @(" @(" @/"]R9&8Z4V5Q
M/@H@(" @(" @(" \+WAM<%109SI3=V%T8VA'<F]U<',^"B @(" @(#PO<F1F
M.D1E<V-R:7!T:6]N/@H@(" \+W)D9CI21$8^"CPO>#IX;7!M971A/@H@(" @
M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @
M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @
M(" @(" @"B @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @
M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @
M(" @(" @(" @(" @(" @(" *(" @(" @(" @(" @(" @(" @(" @(" @(" @
M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @
M(" @(" @(" @(" @(" @(" @(" @(" @(" @( H@(" @(" @(" @(" @(" @
M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @
M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @"B @(" @
M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @
M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @
M(" @(" *(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @
M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @
M(" @(" @(" @(" @(" @( H@(" @(" @(" @(" @(" @(" @(" @(" @(" @
M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @
M(" @(" @(" @(" @(" @(" @(" @(" @(" @"B @(" @(" @(" @(" @(" @
M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @
M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" *(" @(" @
M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @
M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @
M(" @( H@(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @
M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @
M(" @(" @(" @(" @(" @"B @(" @(" @(" @(" @(" @(" @(" @(" @(" @
M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @
M(" @(" @(" @(" @(" @(" @(" @(" @(" *(" @(" @(" @(" @(" @(" @
M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @
M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @( H@(" @(" @
M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @
M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @
M(" @"B @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @
M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @
M(" @(" @(" @(" @(" *(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @
M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @
M(" @(" @(" @(" @(" @(" @(" @(" @( H@(" @(" @(" @(" @(" @(" @
M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @
M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @"B @(" @(" @
M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @
M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @
M(" *(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @
M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @
M(" @(" @(" @(" @( H@(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @
M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @
M(" @(" @(" @(" @(" @(" @(" @(" @"B @(" @(" @(" @(" @(" @(" @
M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @
M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" *(" @(" @(" @
M(" @(" @(" @(" @(" @(" @"CP_>'!A8VME="!E;F0](G<B/S[_VP!#  $!
M 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$!
M 0$! 0$! 0$! 0$! 0$! 0'_VP!# 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$!
M 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0'_P  1
M" %U A8# 1$  A$! Q$!_\0 '@ !  (" @,!              @)!@<%"@(#
M! '_Q !,$  !! (! P(#!@$'" <'!0 " 0,$!0 &!P@1$A,A"10B%18C,3)!
M41<X0F%Q<K88)"4S-#52@4-38H*1DK09)T1C<Z&B)D5D@Y/_Q  < 0$  P$!
M 0$!            !08'! ," 0C_Q !5$0 " @$"! (&!08*!@@%! ,! @ #
M! 41!A(A,1-!%"(R46%Q!R-"@9$5,U)B<J$6)#0U0V."DK&T<W2#DZ*R)5-D
MH[/!PO 71)3#T52$TN%%T_'_V@ , P$  A$#$0 _ ._QB(Q$8B,1&(C$1B(Q
M$8B,1&(C$1B(Q$8B,1&(C$1B(Q$8B,1&(C$1B(Q$8B,1&(C$1B(Q$8B,1&(C
M$1B(Q$8B,1&(C$1B)^$2"BD2H(BBD1$J(@HB=U557V1$3W55]D3$34FS\_\
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M<59E&7D]ZL4@MC<XV)2C%V\;.<'H6L04 $%Z4 YY1LC7=7URUL31:+:*>SW
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MJJ!A<M7B4'B#1[=/O&MZ5O4U3^+D5UC\VQWYKT7L:G!(OKZ@!BVWAE^6RCI
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M[O8VWVG8EC[M]AT FU,C9UQB(Q$8B,1&(C$1B(Q$8B,1&(C$1B(Q$H4^$_\
MSD>J[^X]_CRXS:OI+_F#AO\ :7_)5S/N$?YTU;Y'_,-+Z\Q6:#&(C$1B(Q$8
MB,1&(C$1B(Q$8B,1&(C$2ICXJG3,YR'QK$Y^TJ,\SR)PU&^:MGZY#:L+70&9
M*SI;P/,J+PR]+FF[L<)\3;6-6N[":*;WRHAIOT;<0C!U!M$RV!P-5;EJ%FQK
MJS2O(H(;IRY: 4.NQYK!0.@YMZ?Q;I?I.*-1H!&3A+NY7HSXP/,3N.N]!)M4
M[C9#;W/+M)WH5ZDF>IC@37]GLI;3F_:OX:CR+&'P!TMAKH[2LWB,CX^,;9ZX
MHUP)-MA%;GO65='4OLUSM7>,M /#VM7X]:D863OE8#==O L8\U._Z6/9S5;$
MEB@KL;;Q!)70-3_*FGUVN1Z15]3DCWV*!M9M[K5(?W!BZC?EDRLJDFXQ$8B,
M1&(C$1B(Q$8B,1&(C$1B(Q$8B,1&(C$1B(Q$8B,1&(C$1B(Q$8B,1&(C$1B)
MI+J,YGI^G[A??.5[?T75UFF=*EKWC\4N=FGD-?K=0B"2.J$ZXDQ&Y9LH1QH"
M2YJBK<9Q4E]!TFW6]6PM,JW'I%H\5P/S6.@+Y%O8C=*E8KOT9^5.["<&IYR:
M=@Y&6^Q-2'PU/V[6]6I.G79G(YB.R[MV$JX^$]PG;[#*Y!ZP>2%?M=LWVXOJ
M?4;*Q!"?DI+L3E[YMS:DB@KMM=>5!$?91HXS=;L$5$6-.1,T;Z2]7JH7!X6T
M_EJQ<*JBW*KK/1>2L+A8IZ[[54[7LK;\Q>AO:253A#!>PY.LY.[VY#V)2S ;
MG=^;(N'EN]GU8(V(Y+1[+2[3,BEZC$1B(Q$8B,1&(C$1B(Q$8B,1&(C$1B(Q
M$H4^$_\ SD>J[^X]_CRXS:OI+_F#AO\ :7_)5S/N$?YTU;Y'_,-+Z\Q6:#&(
MC$1B(Q$8B,1&(C$1B(Q$8B,1&(C$3YY<2+/BR8,V.S+A3([T27$DM _'E19#
M9,R(\AEQ";>9>:,VW6G!('&R("1154SZ5F1E=&9'1@R,I*LK*=U92.H8$ @C
MJ"-Q/QE# JP#*P*L"-P01L00>X(Z$3KX</O2?A]?$*N^);)YZ'PUS1(@UU(_
M)</Y-NDV6PD.\=VYNNDB.O:IL1SM)LY\@P;;BNWMB8^'HKFX:H%XXX&IU.L!
MM5TE7LN"@<YNQT49]0 WV7)HY,RM%!)84U]]YG.$3PYQ'9AN2,+-*JA).PKM
M8G%<D]S386H=SL #:_;:=A?,-FCQB(Q$8B,1&(C$1B(Q$8B,1&(C$1B(Q$8B
M,1&(C$1B(Q$8B,1&(C$1B(Q$8B,1&(C$2B+XH^\W_-'-G"O1KH$CUILNZI;G
M96FU,V VC:W"K-::LA!4)IC6M;D6.Q3B+NT-??,RB(5B]QV;Z.<.C2=(U;BO
M-79%INJQR>A.-C#Q,@U[]VR,A4H3SYZ"HWYI0.*\BS.SL'1,<[DO6]ON\:X\
ME0;S JJ+6-Y<M@/V>EU''&A4'%VA:?QUJ['R]!I>O5>O5@J(BZZQ6Q6XY2Y*
M@B(Y-GNBY-G/K]4B9(??-5-PE7),_-NU'-RL_(/-?EWV7V=]@;&+<J[]D0$(
M@^RB@#H)>,;'KQ,>G&J&U=%:5)[R$ ',?>S'=F/<L23U,S7.2>\8B,1&(C$1
MB(Q$8B,1&(C$1B(Q$8B,1&(E"GPG_P"<CU7?W'O\>7&;5])?\P<-_M+_ )*N
M9]PC_.FK?(_YAI?7F*S08Q$8B,1&(C$1B(Q$8B,1&(C$1B(Q$8B,1*F?BW\%
M+OG"%5S%2127:.&;))$]V.*I)DZ1L,B)"M4[MHCKA4MN-/;LF1*$" EZ^*!Z
MSAYIGT8ZSZ%K%NE7-_%]6KV0-[*YF.KO7WZ 6U>+41W=_!7R E0XPT_TC!3-
M0?6X3;MMW:BTJK]N_(_(XWZ*OB'S,EWT5<Y+U!]./'N^S9(R=GCP"U7=_J0G
M4V[6?"OLI4A$]FW+N.D+9 :15]./<L!W[HJ)5^+='_(>O9V$B\N.S^DX?3IZ
M+D;O6J^\4MSXY/FU1,F=#S_RCIF-D,=[0O@W^_QJO58G_2#EM \@XDJ\K<EH
MQ$8B,1&(C$1B(Q$8B,1&(C$1B(Q$8B,1&(C$1B(Q$8B,1&(C$1B(Q$8B,1&(
MG&7=Q6Z[36VP7,IN#4459/N+6:ZO9J'6UD5V;.E.K^S<>*PZZ:_L(+GI359?
M;514I>VZQ*JD'=[+&"(H^+,0!\Y\NZUH]CGE2M6=V/950%F)^0!,H?\ ANT=
MEU&]6G.75SMD4R9IYMG]VVY*(?R-]O!2H==#B.KYH8ZIH4)^C(452;9M:YSU
M%7]6S<?75Z#PSHW"^,PWM2OT@KTYZ<,*[NPZ;')S76X'S-5@F?\ #%;:EJ^?
MK%P]AF\('KRV9!8*%/\ 4XZFOW[.O7WWYYBLT*,1&(C$1B(Q$8B,1&(C$1B(
MQ$8B,1&(C$1B)0I\)_\ G(]5W]Q[_'EQFU?27_,'#?[2_P"2KF?<(_SIJWR/
M^8:7UYBLT&,1&(C$1B(Q$8B,1&(C$1B(Q$8B,1&(C$3']LUBGW;5]CT[88HS
M:':Z*VURZAEV[2:NZ@OUT]GNJ$@JY%DNB)>*J!*A(G=$SWQLBW$R<?+H;DOQ
MKJLBE_T;:76Q&\NS*#\9YW5)?5;38.:NZMZK%]Z6*58?>"91S\+O8[CA'J(Y
M^Z1]MEDCC=C;6-&+W=IF1L>B6!U%F_7M*OO]Y]6D0[L#^H7*[7V' -$[>IL/
MTBX]6KZ%HG$^,O>NI+MNI7'S4%M8L/\ V?)#4[>5E[#;>4/A2U\'4M0T>YCO
MS.U8/0&W'8HY4'K]=45L!Z@I4#O[[YLQ>:!&(C$1B(Q$8B,1&(C$1B(Q$8B,
M1&(C$1B(Q$8B,1&(C$1B(Q$8B,1&(C$1B(Q$KU^)[RH7&723N<*'(6/<<FV%
M7QK6J!JA_*W:R+#9$415")E_5:BZKW"[H G.90U7S$#O'T=Z:-0XGQ'=>:K3
MZ[-0LW'3FIY:Z/AN,FVEP.Y"';MN*YQ5E^BZ/>JG9\IDQ5^3[M;]QI2Q3Y>L
M/D>7^&OQ0/%?23QXLB*D>ZY$&5R==$H>)O?>KT2UXB[_ %]AT^'KJ*)>PN^L
MHHGDO?SX_P!2_*7$^=RMS4X')IU77<#T;?QQ[OY4]_;RVGWPQB>B:/C;C9\G
MFRG_ -MMX?\ W*U;[^>\GGE+E@C$1B(Q$8B,1&(C$1B(Q$8B,1&(C$1B(Q$8
MB4*?"?\ YR/5=_<>_P >7&;5])?\P<-_M+_DJYGW"/\ .FK?(_YAI?7F*S08
MQ$8B,1&(C$1B(Q$8B,1&(C$1B(Q$8B,1&(E G7:T731\0'@KJ4@ME"H=P.@L
M-EDM"K?S+NMO,Z7OS >">*D_Q]9TH$O8B-^6Z;H'W[GMG!I_A#P1K/#[D/?B
M^/7CJW7E&0#EX3'?]'.KN^2J "/+/-?'Y+XBP-47U:[O#>T@=3X1%&2!M[\9
MT'F=V.X]]_(&#@ XV8N-N")@8$A 8$B$)@0JHD)"J*)(JHJ*BHO;,3(()!&Q
M'0@]"".X(FASRQ$8B,1&(C$1B(Q$8B,1&(C$1B(Q$8B,1&(C$1B(Q$8B,1&(
MC$1B(Q$8B,1&(E#?Q8;2?R?SQTS=-E+(-)-J_&GR665\Q6SY'VF'IU([('W%
M':YBCLWVT+LK<>R<</\ #=!<VCZ-*TT[1>(=?N7U:U9%)Z?5Z?C/E7!?A8;J
MU/7JU8 ZB9_Q>[96H:7IE9ZL0Q _3RK5IKW^*BMB.O9^OE+TZ>I@4-15T55'
M&)5TM=!J:V*'Z(T"NC-0X<</^RS'9;;'^H4S&[;7OMLNM;FLNL>VQCW9[&+N
MQ^;$F7Y$6M%K0<J(JHH'DJ@!1]P $Y'/.?48B,1&(C$1B(Q$8B,1&(C$1B(Q
M$8B,1&(C$2A3X3_\Y'JN_N/?X\N,VKZ2_P"8.&_VE_R5<S[A'^=-6^1_S#2^
MO,5F@QB(Q$8B,1&(C$1B(Q$8B,1&(C$1B(Q$8B::W_J(X)XL1X>0N7./]5E,
M>7J5=EL]6EXOCW\D:H&)#]U((>W8A8@.DB]D5$5419;!T+6=2V]!TO.R5;;:
MRO'L\'KV)O912H/O9P/P,X<C4M/Q-QDYF/4PW]1K4\3IWVK!+G[E,HU^)EU=
M]-?47H&HZKQ?>WNS[AI^Z?:\6]'5[&IU[["FU$^!>0$E7XU-KZTF8-)*9)BH
M>8=^SB0G1$FW,V'Z/N%^(-!SLK)U&FG'Q<K$\)J?2*[;_&2VMZ7Y:#97LJFY
M3O:&'/VE#XHUC3-2QZ*L1[+;J;^<6>$R5^&R,MB[V<C[LWAD;(1ZO<2Y3HSY
M%7E3I<X2W)YY9$Z1H]=1V[Y%Y./W>GF]J%S(=[^XN2K.CE2E1?V?11^A15<I
MXLP/R;Q'J^(!LBYCW5 =EIR@N54H^"UW*OW2ZZ)D^EZ3@W$[L:%K<^]Z2:7/
MWM63]_3I)-Y7I*QB(Q$8B,1&(C$1B(Q$8B,1&(C$1B(Q$8B,1&(C$1B(Q$8B
M,1&(C$1B(Q$8B4(5:+S5\8ZQDN_YU2\4OS%!K_6)%3C[0VZIOLJ^P>GO\]):
M^WT&X3:?7V/-JL_Z(^BJM1ZMVI*G7MS>G9IM/SWPD*#X 'MTF?*/3N-&)ZIB
M$D#W>C8X4?AD-S?NE]^8K-!C$1B(Q$8B,1&(C$1B(Q$8B,1&(C$1B(Q$8B,1
M*%/A/_SD>J[^X]_CRXS:OI+_ )@X;_:7_)5S/N$?YTU;Y'_,-+Z\Q6:#&(C$
M1B(Q$8B,1&(C$1B(Q$^:9,AU\9Z;/E1H,.,"NR)<Q]J-&8;']3CS[Q TT"?N
M9F(I^ZY]*C.P1%9W8[*J@LS'W!0"2?D)^,RJ"S$*!W+$ #YD])%CD#KEZ3>-
M/7;V3G#2I4R/Y"=;J<Q_>;$7A[I\L[&TZ/>+$?4D\5&:446U7N\;8]R2R8/!
MW$VH;&C1\M4.VUF4@PZ]C]H-EM3SKY[IS;^0)D3D:]I&+OXN?0Q'=:6.0V_;
M8B@6<IW\FVV\]I![D#XS7#%-ZT?CCC+?-ZE-^0MRKZ54Z13OEW5!<8> MGMS
M:_)5&32PG5_3XC^M+A@_1/JUNQS]0PL-3W6E;<RT? J?1JM_V;F'^$@<CC;"
M3<8V+D7D=C8R4(?B"/&?\:Q_YS3/^6Y\2/GC\/@_@!=1J)?M!OX.AVEF@>I^
MCU-OW]YK1W2$5$A5:J.G95,Q(%1!EOX(< Z+UUC6_2K5]NA\VNH].^V+A Y@
MW/\ 6-[AU[\7Y=XFU#I@:?X*-[-BX[MW]]^010?[@]\?Y$OQ)N>/Q.;^?UU"
MHE^\Z@G;Y9V(CZGZD#3^/F&M(=(14A)/M6.B)V %(%7Q_/X7< :-TTC1/2K5
M]B],*NL_?E9Q.8-_]&WQVC\A\3Y_\NU'P4/M5MD.WX4XP%!_OCW3<O'_ ,&7
MAFG5F1R1R=OF]26U$W(M#$J=(J'R]E)M]IP=HMC:_-/*-<PG2]B\A_1D5G?2
MOJMNZZ?IV%AJ>@:]K<RT#R*D>C5 _M5./+XSMQ^"<)-CDY>1>1W%:I0A^!!\
M9]ODZGSZ=IO7E+X?G3+J_ '+]7QUQ#KT+;%XVVU_7MCM#LMGV*+L%?2RK&JD
MPK78YMK+KGWK&)':=.K*)V8=>9: &S5M8;3>-^(<G6]+LS]4O?%_*&,M]%?A
MXU#467*EBO70E:V*$9B!9S=0"3N-YWY?#NETZ=FKC858N]%N-5C\UM@M6MF0
MJ]K.R$L /4VZ$[#RFK/@Y;L=YTZ;?ILAWS?T7DJP6(WY=_1IMHJ*NTC!XK[C
MY7+&P.=T["7G[)Y"2K(_2KABG7L7+4;+F:>G,=N]N/;96QW\_JFH'W?*<O!=
M_B:;=03N<?*;E'NKM1''XV"TRW#,QEPC$1B(Q$8B,1&(C$1B(Q$8B,1&(C$1
MB(Q$8B,1&(C$1B(Q$8B,1&(C$1B(Q$H4^%TG\H'5QU8\PG^.LH=@4)!?5XER
M-R1*V(5$O=!4VM8,14>W9M"$?I54S:?I%_B/#'#6ECU0IH]7MTP,!:.OR.0.
M^_7KWF?\*_QC6=7S3UW\7K_K.4;?\*OPWE]>8M- C$1B(Q$8B,1&(C$1B(Q$
M8B,1&(C$1B(Q$8B,1*%/A/\ \Y'JN_N/?X\N,VKZ2_Y@X;_:7_)5S/N$?YTU
M;Y'_ ##2^O,5F@QB(Q$8B,1&(C$3%=KWO2-#@_:>\;CJVFUR(1?/[3L%3K\-
M4']2I)MI<1E>W[]C7.G&P\S-?P\/%R<NS]#&HMO?^[4K']T\;LBC'7GONJI7
M]*VQ*UZ=^KD"0NY ^)IT>:#Z[(<DO[S8L>7>NX_H;._]7Q_+T+J0U6:N[Y*G
M8?&^_P"T7B"H2VW!^CWBG-V)P%PZSM]9G7UT[;^^I39DC;SWI_?(3(XIT7'W
M R3D,/LX];V;_*PA*3O_ *3Y[2%VV?&4>N9JTG"/3]>;!8R2(*Z1MEP;DUTO
MR!/NCJ4&T?DD7="(6-F!1[>">7EYC;,7Z*14GC:QK=-"*-[%Q:MD'_[K*>L
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M:[+8?#ZTU*IZD>KS #MN.DE/Q_\ ",Z5M4]!_;%WODR6'B3S>P[(5)4&X/\
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MPJT/WY6<3F#_ ';>_P!V[\A<3ZA_+]0-"-[5;9#/^%&-_%SW(]L>[M-R<?\
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M*\4Q(<:VBOOL3/D%L(/HDX;K"Q^@-@:;J_/K:O2,9&:H-6]BIE*R&MF2M7+
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MFY:260$[XQ$8B,1(.]7'^_\ C7^[<?\ K:;+APO^:U#_ &/_ "W2'U3V\?\
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MEEN*O<SFZR3NN2W'?W]1V15./'W[=U<\D3Q),AN(<;T76M1IVV!R6N4>07(
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MI&'F\]8O5E4KS+S%F4K?6%WWZ.BN!MT0;[;'>16&KT9EU&Q\,@D';R'5#O\
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M9MW4@<N/D@[%&%190PM:5;A;4K,>VW0L[=+:7L]&YO)E)-N/OYCVK:CU# N
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MC#LF5)?,6V6([ $Z\\ZX2H(-M-B1F9*B"(JJKV3/I59V5%!9F8*J@;EF8[
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M/M[HJI9*H?Q[%V_)<N'#FUV%J.)YMY?"^EJ__M]?N]\A]2]2['N]W_VW#?\
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M9TWZ+;7N2C=-^J,>5CMP:A@5YU/*=EM3<U6;>RWZ+=-RC=.8?)AU D,NEWJ
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M7&"-&:3LI*@]R<>>-$3U9$ATCD27B3R>?<<=+ZB7*=??9DW67W-S66L68_X
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MHE_Z5/NM6@BA/*[3N/N)916$5$=M**3:U0$0ME-%[R;'*]<X7UGA^S;4,5O
M+;5YE&]N)9[@+0!X;'KM7<M5IV)"%>LNFG:SI^J+OC7#Q -VQ[=DO3W[IN0X
M'F]9= 3MS;]))G*_)2,1&(C$1B(Q$8B,1&(C$1B(Q$8B,1&(F%\BZ'KW*.B;
M;QWM<;YO7MRH++7[5I$'U0CV,8V4E12,21J=!=)N; D(GG&FQV)#?8VQ5.O
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MID#>6?!XETG.V49'HUIV'A96U1W/DK[FIMST %G,?-1O)RM.MO-MO,N ZRZ
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M0PZ"D#K+S1@XTX!*!@0D*JBHN0K*R,R.I5T8JRL-F5E.S*0>H((((/8SN!#
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M1B(Q$8B,1&(C$1B(Q$8B,1&(G'6E157D-RON:V!:P7?]9#L8C$R,:^_959D
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MD;3.HYG ^I=;L=<*QOZBW%(/O+89:C?S)<D$]3N9X^#K^+[%AO0>YTMW'RN
ML^Y9[4ZONK/3>[.^\#?,-L_KF%IVZ42NBGZC^?!^PJ74]E[.18XM)[^R]L_/
MX+\-9?7"UGE)^P,O$OV]WJ;):/DS;Q^5M5I_/X.X'F:;J]_[6[+^ VGU1_B6
MN1R]"ZX5?COBGUK'W8@+O^2_YK+U$#;3NG[R#7]OVSY;@ -UJU8%3VYL/?\
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,(C$1B(Q$8B,1/__9

end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
