WELLS FARGO & COMPANY/MN - 27 Oct 2025 Form 4 Insider Report for ALLIANCEBERNSTEIN NATIONAL MUNICIPAL INCOME FUND (AFB)

Reporting Owners (2)

Name	Relationship	Address	Signature	Signature date	CIK
WELLS FARGO & COMPANY/MN	10%+ Owner	401 SOUTH TRYON STREET, CHARLOTTE	WELLS FARGO & COMPANY, by: /s/ Patricia Arce	29 Oct 2025	0000072971
Wells Fargo Municipal Capital Strategies, LLC	10%+ Owner	30 HUDSON YARDS, NEW YORK	WELLS FARGO MUNICIPAL CAPITAL STRATEGIES, LLC, by: /s/ Daniel Frizsell	29 Oct 2025	0001585457

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AFB	2018 Variable Rate MuniFund Term Preferred Shares	Other		-3,531	-100%		0	27 Oct 2025	By Subsidiary	F1, F2, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

WELLS FARGO & COMPANY/MN is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Id	Content
F1	The 3,531 preferred shares reported as disposed of in Table I represent 2018 Variable Rate MuniFund Term Preferred Shares (the "Preferred Shares") that were beneficially owned by Wells Fargo Municipal Capital Strategies, LLC ("Capital Strategies"). The Preferred Shares were disposed of as a result of a redemption by the Issuer for a redemption price of $25,068.69428 per share (which includes a liquidation preference of $25,000.00 per share and accrued dividends of $68.69428 per share). Capital Strategies is a wholly owned subsidiary of Wells Fargo & Company ("Wells Fargo").
F2	This statement is jointly filed by Wells Fargo and Capital Strategies. Wells Fargo holds an indirect interest in the securities listed in Table I by virtue of its indirect ownership of its subsidiary Capital Strategies.
F3	Each reporting person declares that neither the filing of this statement nor anything herein shall be construed as an admission that such person is, for the purposes of Section 13(d) of the US Securities Exchange Act of 1934 or any other purpose, (i) acting (or has agreed or is agreeing to act together with any other person) as a partnership, limited partnership, syndicate or other group for the purpose of acquiring, holding or disposing of securities of the Issuer or otherwise with respect to the Issuer or any securities of the Issuer or (ii) a member of any group with respect to the Issuer or any securities of the Issuer.

Exhibits Index Exhibit 99.1 - Joint Filing Agreement Exhibit 99.2 - Joint Filer Information