AFB Alliance National Municipal Income Fund, Inc.

NYSE
$10.60

Alliance National Municipal Income Fund, Inc. (AFB) Insider Activity

What the officers, directors and large holders did with their own shares. Only open-market purchases and sales count toward the totals — grants, option exercises and shares withheld for tax are compensation mechanics, not decisions, and they're listed separately below.

30D 90D 6M 1Y
Insider signal In line Selling ran in line with AFB's own trailing one-year pace, with 0% of sale value under a prearranged plan.
Cluster activity 0 buyers in the last 30 days 0 buyers in the last 90 days 0 sellers in the last 90 days
Insiders buying
2
3 transactions
Insiders selling
3
16 transactions
Purchases
$176.9K
16,000 shares
Sales
$2.8M
258,290 shares
Net activity
-$2.7M
purchases less sales

How much of that selling was preplanned? 0% planned / 100% discretionary

10b5-1 plan sales $0 0 transactions · 0 shares
Discretionary sales $2.8M 16 transactions · 258,290 shares

Largest single sale: $651.5K.

Where they traded

Buy Sell Dot area is proportional to transaction value.

Last open-market purchase: May 22, 2026 , by GERKEN R JAY .

Recent open-market activity

Date Insider Role Action Shares Price Value Held after
GERKEN R JAY Director Buy 2,500 $10.96 $27.4K 2,500
MOODY GARRY L Director Sell 13,500 $10.96 $148.0K None left
Saba Capital Management, L.P. 10% Owner Sell 19,623 $10.91 $214.1K 2,869,239 −0.7% of holding
Saba Capital Management, L.P. 10% Owner Sell 22,247 $10.99 $244.5K 2,888,862 −0.8% of holding
Saba Capital Management, L.P. 10% Owner Sell 30,873 $11.01 $339.9K 2,911,109 −1% of holding
Saba Capital Management, L.P. 10% Owner Sell 684 $11.01 $7.5K 2,941,982 −0% of holding
MOODY GARRY L 2 fills Director Buy 13,500 $11.07 $149.5K 13,500
Saba Capital Management, L.P. 10% Owner Sell 7,693 $11.00 $84.6K 2,942,666 −0.3% of holding
Saba Capital Management, L.P. 10% Owner Sell 25,686 $10.99 $282.3K 2,950,359 −0.9% of holding
Saba Capital Management, L.P. 10% Owner Sell 19,800 $11.01 $218.0K 2,976,045 −0.7% of holding
Saba Capital Management, L.P. 10% Owner Sell 21,442 $10.96 $235.0K 2,995,845 −0.7% of holding
Saba Capital Management, L.P. 10% Owner Sell 1,955 $11.03 $21.6K 3,017,287 −0.1% of holding
Saba Capital Management, L.P. 10% Owner Sell 2,509 $10.90 $27.3K 3,019,242 −0.1% of holding
Saba Capital Management, L.P. 10% Owner Sell 59,548 $10.94 $651.5K 3,021,751 −1.9% of holding
Saba Capital Management, L.P. 10% Owner Sell 1,900 $10.92 $20.7K 3,081,299 −0.1% of holding
Saba Capital Management, L.P. 10% Owner Sell 4,244 $10.91 $46.3K 3,083,199 −0.1% of holding
Saba Capital Management, L.P. 10% Owner Sell 22,486 $10.94 $246.0K 3,087,443 −0.7% of holding
Sell 4,100 $10.65 $43.7K 3,109,929 −0.1% of holding

Form 4s are due within two business days of a transaction, so this is close to real time — unlike the quarterly 13F data on the Institutional tab. A single large sale often reflects a prearranged 10b5-1 plan rather than a fresh view, so read a pattern of sales rather than any one of them.