What if you'd held AFB?
A $1,000 investment in AllianceBernstein National Municipal Income Fund Inc (AFB) at the month-end close of 2002-01 would be worth $2,872 at the close of 2026-08 — +187.2% total return, dividends reinvested. The same $1,000 in the S&P 500 would be worth $6,820.
Your scenario
Result
If you'd bought $1,000 at the start of each year
Value of $1,000 invested on January 1 of each year, held to 2026-08, dividends included.
Every year, $1,000 from 2002
| Year | Value of $1,000 | Year return |
|---|---|---|
| 2002 | $1,000 | — |
| 2003 | $1,092 | +9.2% |
| 2004 | $1,165 | +6.7% |
| 2005 | $1,373 | +17.9% |
| 2006 | $1,451 | +5.7% |
| 2007 | $1,341 | -7.6% |
| 2008 | $1,008 | -24.8% |
| 2009 | $1,532 | +52.0% |
| 2010 | $1,584 | +3.4% |
| 2011 | $1,941 | +22.5% |
| 2012 | $2,168 | +11.7% |
| 2013 | $1,862 | -14.1% |
| 2014 | $2,184 | +17.3% |
| 2015 | $2,324 | +6.4% |
| 2016 | $2,335 | +0.5% |
| 2017 | $2,481 | +6.3% |
| 2018 | $2,346 | -5.4% |
| 2019 | $2,819 | +20.2% |
| 2020 | $3,038 | +7.8% |
| 2021 | $3,257 | +7.2% |
| 2022 | $2,414 | -25.9% |
| 2023 | $2,592 | +7.4% |
| 2024 | $2,700 | +4.2% |
| 2025 | $2,819 | +4.4% |
| 2026 | $2,965 | +5.2% |
Best and worst month-end to buy
The best single month-end close to have bought AFB was 2002-03 ($3.42): $1,000 then is $3,208 today. The worst was 2021-11 ($12.17): $1,000 then is $901.
FAQ
What would $1,000 in AFB be worth today?
A $1,000 investment in AllianceBernstein National Municipal Income Fund Inc (AFB) at the start of 2002 would be worth about $2,872 today, a total return of +187.2%. Dividends are reinvested in these figures.
What were the best and worst years for AFB?
AllianceBernstein National Municipal Income Fund Inc (AFB)'s strongest calendar year since 2002 was 2009, a +52.0% return — $1,000 held through that year became about $1,520 by year-end. Its weakest year was 2022, at -25.9%.
Does the calculator include dividends and splits?
Yes where available. Prices are adjusted for both stock splits and reinvested dividends (total return), the same measure brokerages use.
How much would $100 per month in AFB have grown?
Investing $100 at the end of every month since 2002-01 would have grown to about $48,631 on $29,600 invested.
Did AFB beat the S&P 500?
Over the same period, $1,000 in the S&P 500 index would be worth $6,820. AFB trailed the S&P 500 by +57.9% in total return.
Is this investment advice?
No. Wall Street Regrets is an entertainment and education tool. Every number is a historical calculation, not a prediction, and past performance never guarantees future results.
Methodology
AllianceBernstein National Municipal Income Fund Inc (AFB) historical total-return data from 2002-01 to 2026-08, reduced to month-end closes for the tables above.
Returns use adjusted close prices from Yahoo Finance historical data — adjusted for stock splits and reinvested dividends — the same convention used by major brokerages. A "year" scenario invests $1,000 at the prior December's month-end close and values it at the latest available month-end close. Non-USD amounts are converted at historical month-end exchange rates (Yahoo Finance): to USD on the buy date and back to your currency at the latest rate, so the return reflects the currency move as well as the asset.
Month-end resolution means intra-month extremes are not captured in tables; the calculator uses exact trading-day closes where daily data is available. Figures ignore taxes, fees, and the currency effects of non-USD listings. History is not a forecast. Wall Street Regrets is entertainment, not investment advice.
What if you'd held…
Data: adjusted close prices via Yahoo Finance. As of 2026-08. Not financial advice.