{"id":961014,"date":"2026-05-11T18:23:58","date_gmt":"2026-05-11T22:23:58","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/alliancebernstein-national-municipal-income-fund-inc-and-alliancebernstein-global-high-income-fund-inc-announcement-regarding-planned-merger-of-equitable-and-corebridge\/"},"modified":"2026-05-11T18:23:58","modified_gmt":"2026-05-11T22:23:58","slug":"alliancebernstein-national-municipal-income-fund-inc-and-alliancebernstein-global-high-income-fund-inc-announcement-regarding-planned-merger-of-equitable-and-corebridge","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/alliancebernstein-national-municipal-income-fund-inc-and-alliancebernstein-global-high-income-fund-inc-announcement-regarding-planned-merger-of-equitable-and-corebridge\/","title":{"rendered":"AllianceBernstein National Municipal Income Fund, Inc. and AllianceBernstein Global High Income Fund, Inc. Announcement Regarding Planned Merger of Equitable and Corebridge"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"legendSpanClass\">NEW YORK<\/span>, <span class=\"legendSpanClass\">May 11, 2026<\/span> \/PRNewswire\/ &#8212; AllianceBernstein Global High Income Fund, Inc. (NYSE: AWF) and AllianceBernstein National Municipal Income Fund, Inc. (NYSE: AFB) (each a &#8220;Fund&#8221;), each announced today that at in-person meetings of the Board of Directors (the &#8220;Board&#8221;) held on May 5-7, 2026, the Board voted unanimously approved a new investment advisory agreement and interim investment advisory agreement with AllianceBernstein L.P. (the &#8220;Adviser&#8221;) containing identical terms to those in the current advisory agreement. \u00a0<\/p>\n<p>The approvals were made in connection with the previously announced merger transaction (the &#8220;Transaction&#8221;) between Equitable Holdings, Inc., the holder of a majority of the partnership interests in the Adviser, and Corebridge Financial, Inc. Upon completion of the Transaction, each Fund&#8217;s existing investment advisory agreement may be deemed an &#8220;assignment,&#8221; as defined under the Investment Company Act of 1940, as amended (the &#8220;1940 Act&#8221;), and as a result, will automatically terminate upon assignment.<\/p>\n<p>Pursuant to the 1940 Act, the new advisory agreement for each Fund requires stockholder approval. It is anticipated that the advisory agreement proposal will be submitted to each Fund&#8217;s stockholders at an upcoming special meeting of stockholders.<\/p>\n<p>Each Fund is a registered closed-end management investment company managed by the Adviser.<\/p>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/edge.prnewswire.com\/c\/img\/favicon.png?sn=NY56564&amp;sd=2026-05-11\" \/> View original content:<a id=\"PRNURL\" rel=\"nofollow\" href=\"https:\/\/www.prnewswire.com\/news-releases\/alliancebernstein-national-municipal-income-fund-inc-and-alliancebernstein-global-high-income-fund-inc-announcement-regarding-planned-merger-of-equitable-and-corebridge-302768630.html\" target=\"_blank\">https:\/\/www.prnewswire.com\/news-releases\/alliancebernstein-national-municipal-income-fund-inc-and-alliancebernstein-global-high-income-fund-inc-announcement-regarding-planned-merger-of-equitable-and-corebridge-302768630.html<\/a><\/p>\n<p>SOURCE AllianceBernstein Closed-End Funds<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=NY56564&amp;Transmission_Id=202605111606PR_NEWS_USPR_____NY56564&amp;DateId=20260511\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire NEW YORK, May 11, 2026 \/PRNewswire\/ &#8212; AllianceBernstein Global High Income Fund, Inc. (NYSE: AWF) and AllianceBernstein National Municipal Income Fund, Inc. (NYSE: AFB) (each a &#8220;Fund&#8221;), each announced today that at in-person meetings of the Board of Directors (the &#8220;Board&#8221;) held on May 5-7, 2026, the Board voted unanimously approved a new investment advisory agreement and interim investment advisory agreement with AllianceBernstein L.P. (the &#8220;Adviser&#8221;) containing identical terms to those in the current advisory agreement. \u00a0 The approvals were made in connection with the previously announced merger transaction (the &#8220;Transaction&#8221;) between Equitable Holdings, Inc., the holder of a majority of the partnership interests in the Adviser, and Corebridge Financial, Inc. Upon completion of the Transaction, each Fund&#8217;s &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/alliancebernstein-national-municipal-income-fund-inc-and-alliancebernstein-global-high-income-fund-inc-announcement-regarding-planned-merger-of-equitable-and-corebridge\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;AllianceBernstein National Municipal Income Fund, Inc. and AllianceBernstein Global High Income Fund, Inc. Announcement Regarding Planned Merger of Equitable and Corebridge&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-961014","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>AllianceBernstein National Municipal Income Fund, Inc. and AllianceBernstein Global High Income Fund, Inc. Announcement Regarding Planned Merger of Equitable and Corebridge - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/alliancebernstein-national-municipal-income-fund-inc-and-alliancebernstein-global-high-income-fund-inc-announcement-regarding-planned-merger-of-equitable-and-corebridge\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"AllianceBernstein National Municipal Income Fund, Inc. and AllianceBernstein Global High Income Fund, Inc. Announcement Regarding Planned Merger of Equitable and Corebridge - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire NEW YORK, May 11, 2026 \/PRNewswire\/ &#8212; AllianceBernstein Global High Income Fund, Inc. (NYSE: AWF) and AllianceBernstein National Municipal Income Fund, Inc. (NYSE: AFB) (each a &#8220;Fund&#8221;), each announced today that at in-person meetings of the Board of Directors (the &#8220;Board&#8221;) held on May 5-7, 2026, the Board voted unanimously approved a new investment advisory agreement and interim investment advisory agreement with AllianceBernstein L.P. (the &#8220;Adviser&#8221;) containing identical terms to those in the current advisory agreement. \u00a0 The approvals were made in connection with the previously announced merger transaction (the &#8220;Transaction&#8221;) between Equitable Holdings, Inc., the holder of a majority of the partnership interests in the Adviser, and Corebridge Financial, Inc. Upon completion of the Transaction, each Fund&#8217;s &hellip; Continue reading &quot;AllianceBernstein National Municipal Income Fund, Inc. and AllianceBernstein Global High Income Fund, Inc. 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(NYSE: AFB) (each a &#8220;Fund&#8221;), each announced today that at in-person meetings of the Board of Directors (the &#8220;Board&#8221;) held on May 5-7, 2026, the Board voted unanimously approved a new investment advisory agreement and interim investment advisory agreement with AllianceBernstein L.P. (the &#8220;Adviser&#8221;) containing identical terms to those in the current advisory agreement. \u00a0 The approvals were made in connection with the previously announced merger transaction (the &#8220;Transaction&#8221;) between Equitable Holdings, Inc., the holder of a majority of the partnership interests in the Adviser, and Corebridge Financial, Inc. Upon completion of the Transaction, each Fund&#8217;s &hellip; Continue reading \"AllianceBernstein National Municipal Income Fund, Inc. and AllianceBernstein Global High Income Fund, Inc. 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