UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM N-Q
QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED
MANAGEMENT INVESTMENT COMPANIES
Investment Company Act file number: 811-10573
ALLIANCE NATIONAL MUNICIPAL INCOME FUND,
INC.
(Exact name of registrant as specified in charter)
1345 Avenue of the Americas, New York, New York 10105
(Address of principal executive offices) (Zip code)
Mark R. Manley
Alliance Capital Management L.P.
1345 Avenue of the Americas
New York, New York 10105
(Name and address of agent for service)
Registrant's telephone number, including area code: (800) 221-5672
Date of fiscal year end: October 31, 2006
Date of reporting period: January 31, 2006
ITEM 1. SCHEDULE OF INVESTMENTS.
ALLIANCE NATIONAL MUNICIPAL INCOME FUND
PORTFOLIO OF INVESTMENTS
January 31, 2006 (unaudited)
Principal
Amount
(000) Value
--------- -----------
MUNICIPAL BONDS-160.0%
Long-Term Municipal Bonds-159.7%
Alabama-7.5%
Huntsville Hlth Care Auth
(Huntsville Hosp Sys) Ser 02B
5.75%, 6/01/32 $6,000 $ 6,402,660
Jefferson Cnty
Ltd Oblig Sch Warrants Ser 04A
5.25%, 1/01/23 1,275 1,344,080
Jefferson Cnty Swr Rev
FGIC Ser 99A
5.375%, 2/01/36 7,405 7,893,730
Marshall Cnty Hlth Care Auth
(Marshall Cnty Med Ctr) Ser 02A
5.75%, 1/01/32 2,500 2,608,300
(Marshall Cnty Med Ctr) Ser 02D
5.75%, 1/01/32 3,000 3,131,760
Montgomery Spl Care Facs Fin Auth Rev
(Baptist Health) Ser 04C
5.125%, 11/15/24 1,500 1,534,500
5.25%, 11/15/29 810 895,058
-----------
23,810,088
-----------
Alaska-1.8%
Alaska Intl Arpt Rev
MBIA Ser 03B
5.00%, 10/01/26 1,000 1,035,320
Alaska Mun Bd Bk Auth
MBIA Ser 04G
5.00%, 2/15/24 1,345 1,404,651
Anchorage Waste Wtr Rev
MBIA Ser 04
5.125%, 5/01/29 750 786,675
Four Dam Pool Elec Rev
Ser 04
5.00%, 7/01/24 1,035 1,062,841
5.25%, 7/01/26 1,385 1,430,553
-----------
5,720,040
-----------
Arkansas-1.4%
Arkansas Dev Fin Auth SFMR
(Mtg Rev) GNMA Ser 02A
5.30%, 7/01/34 4,430 4,513,195
-----------
California-8.3%
California GO
Ser 02
5.25%, 4/01/30 1,000 1,050,880
Ser 04
5.25%, 4/01/29 2,000 2,118,200
Chula Vista IDR
(San Diego Gas) Ser 96A
5.30%, 7/01/21 4,000 4,249,320
Coachella Valley Uni Sch Dist
MBIA Ser 03
5.00%, 9/01/31 1,000 1,037,620
Hartnell Comm College
MBIA Ser 03A
5.00%, 8/01/27 1,155 1,258,800
La Quinta Fin Auth Loc Agy Rev
AMBAC Ser 04A
5.25%, 9/01/24 2,000 2,151,380
Los Angeles Cmnty Redev Agy
Ser 04L
5.00%, 3/01/18 1,715 1,731,207
Los Angeles Regl Arpts
(Laxfuel Corp) AMBAC Ser 01 AMT
5.50%, 1/01/32 9,500 9,952,770
San Rafael Elem Sch Dist
FSA Ser 03A
5.00%, 8/01/28 2,820 2,913,060
----------
26,463,237
----------
Colorado-4.5%
Avon Hsg Auth MFHR
(Buffalo Ridge II Proj) GNMA Ser 02A AMT
5.70%, 10/20/43 4,950 5,116,617
Colorado Ed & Cultural Facs Auth Rev
(Knowledge Quest Charter Sch) Ser 05
6.50%, 5/01/36 500 504,830
Colorado Hlth Facs Auth Rev
(Parkview Med Ctr) Ser 04
5.00%, 9/01/25 1,800 1,823,724
Denver City & Cnty MFHR
(Clyburn Stapleton Proj) GNMA Ser 02 AMT
5.50%, 12/20/43 2,155 2,195,449
Northwest Metro Dist No 3
(Ltd Tax) Ser 05
6.125%, 12/01/25 500 504,030
Park Creek Metro Dist Rev
(Ref-Sr-Ltd Tax Ppty Tax) Ser 05
5.25%, 12/01/25 1,840 1,892,569
5.50%, 12/01/30 890 921,435
Todd Creek Farms Metro Dist No 1 Wtr Rev
(Ref & Impt) Ser 04
6.125%, 12/01/19 780 776,888
Wheatlands Metro Dist No 002 GO
(Ltd Tax) Ser 05
6.00%, 12/01/25 500 502,020
----------
14,237,562
----------
District of Columbia-1.2%
District of Columbia Spl Tax Rev
(Gallery Place Proj) Ser 02 FSA
5.40%, 7/01/31 3,500 3,707,550
----------
Florida-23.6%
Beacon Tradeport CDD
Ser 02B
7.25%, 5/01/33 5,550 5,934,504
Brevard Cnty HFA SFMR
(Mtg Rev) GNMA Ser 02C AMT
5.40%, 3/01/33 1,385 1,403,019
Collier Cnty CFD
(Fiddler's Creek) Ser 02A
6.875%, 5/01/33 2,985 3,140,101
(Fiddler's Creek) Ser 02B
6.625%, 5/01/33 2,245 2,332,218
Dade Cnty Arpt Rev
(Miami Int'l Arpt) FGIC Ser 02 AMT
5.375%, 10/01/32 6,040 6,316,149
Florida Ed & Athletic Fac
(FSU Finl Assist) AMBAC Ser 02
5.00%, 10/01/31 5,000 5,180,050
Florida Hsg Fin Corp MFHR
(Westminster Apts) FSA Ser 02E-1 AMT
5.40%, 4/01/42 3,000 3,072,330
Hamal CDD
(Hamal) Ser 01
6.75%, 5/01/31 2,460 2,594,439
Jacksonville Wtr & Swr Sys Rev
(Jacksonville Elec) MBIA Ser 02A
5.50%, 10/01/41 (a)(b) 20,000 20,454,800
Lee Cnty Arpt Rev
(Southwest FL Intl) FSA Ser 00A AMT
5.75%, 10/01/22-10/01/25 9,500 10,243,610
Lee Cnty CDD
(Miromar Lakes) Ser 00A
7.25%, 5/01/12 1,495 1,578,436
Lee Cnty IDA Hlth Fac
(Shell Point Village) Ser 99A
5.50%, 11/15/29 2,500 2,525,600
Lee Cnty Transn Fac
(Sanibel Brdgs & Causway) CIFG Ser 05B
5.00%, 10/01/30 1,700 1,776,755
Miami Beach Hlth Facs Hosp Rev
(Mount Sinai Med Ctr) Ser 04
6.75%, 11/15/24 2,000 2,236,620
Midtown Miami CDD
Ser 04A
6.00%, 5/01/24 2,500 2,604,075
Orange Cnty Hlth Facs Hosp Rev
(Orlando Regional) Ser 02
5.75%, 12/01/32 1,400 1,571,682
Pinellas Cnty HFA SFMR
(Mtg Rev) GNMA/FNMA Ser 02A AMT
5.40%, 3/01/32 895 908,845
Village CDD
Ser 03A
6.00%, 5/01/22 906 945,565
----------
74,818,798
----------
Georgia-2.3%
Cartersville Dev Auth
(Anheuser Busch Proj) Ser 02 AMT
5.95%, 2/01/32 2,510 2,681,709
Georgia HFA SFMR
(Mtg Rev) Ser 02A-2 AMT
5.60%, 12/01/32 4,620 4,670,358
----------
7,352,067
----------
Hawaii-0.7%
Hawaii St Elec Rev
XLCA Ser 03B AMT
5.00%, 12/01/22 2,000 2,064,220
----------
Illinois-19.8%
Bolingbrook GO
FGIC Ser 02A
5.375%, 1/01/38 5,000 5,261,750
Chicago Arpt Rev
(O'Hare Int'l Arpt) MBIA Ser 02A AMT
5.375%, 1/01/32 15,000 15,563,700
(O'Hare Int'l Arpt) XLCA Ser 03B-1
5.25%, 1/01/34 1,760 1,843,389
Chicago GO
FGIC Ser 00C Prerefunded 7/01/10@101
5.50%, 1/01/40 9,135 9,981,266
FGIC Ser 00C Unrefunded
5.50%, 1/01/40 5,450 5,811,771
Chicago Parking Rev
(Lakefront Millennium) MBIA Ser 98
5.125%, 1/01/28 8,600 8,895,410
Chicago Sales Tax Rev
FGIC Ser 98
5.25%, 1/01/28 5,710 5,951,876
Cook Cnty Sch Dist
FSA Ser 04
4.60%, 12/01/20 (c) 1,000 952,250
Gilberts Special Service Area No 15 Spl Tax
(Gilberts Town Ctr Proj) Ser 05
6.00%, 3/01/28 2,766 2,776,704
Manhattan
No 04-1 (Brookstone Springs Proj) Ser 05
5.875%, 3/01/28 1,875 1,838,363
Met Pier & Expo Auth
(McCormick Place) MBIA Ser 02A
5.25%, 6/15/42 3,750 3,938,887
----------
62,815,366
----------
Indiana-5.2%
Hendricks Cnty Ind Bldg Facs Corp
(First Mtg) Ser 04
5.50%, 7/15/22 1,105 1,214,218
Indiana HFA SFMR
(Mtg Rev) GNMA/FNMA Ser 02 AMT
5.55%, 7/01/32 2,250 2,299,860
Indiana St Dev Fin Auth Rev
(Exempt Facs Inland Steel) Ser 97
5.75%, 10/01/11 2,060 2,116,753
Indianapolis Pub Improv Bd
MBIA Ser 02A
5.25%, 7/01/33 10,000 10,930,800
----------
16,561,631
----------
Iowa-0.2%
Iowa Fin Auth SFMR
(Mtg Rev) GNMA/FNMA Ser 02A AMT
5.40%, 7/01/32 595 603,038
----------
Louisiana-1.6%
Calcasieu Parish SFMR
(Mtg Rev) GNMA/FNMA Ser 02A
6.05%, 4/01/33 410 429,635
Louisiana HFA SFMR
(Mtg Rev) GNMA Ser 02C AMT
5.60%, 6/01/33 1,870 1,900,631
New Orleans
MBIA Ser 05
5.00%, 12/01/29 2,700 2,793,096
----------
5,123,362
----------
Massachusetts-3.1%
Massachusetts GO
Ser 02C
5.25%, 11/01/30 1,780 1,937,708
Ser 02C Prerefunded
5.25%, 11/01/30 3,220 3,505,292
Massachusetts Hlth & Ed Fac Hosp Rev
(Berkshire Hlth Sys) Asset Gty RADIAN Ser 01E
5.70%, 10/01/25 2,000 2,177,040
(Cape Cod Hlth Care) Asset Gty RADIAN Ser 01C
5.25%, 11/15/31 2,100 2,202,060
----------
9,822,100
----------
Michigan-5.0%
Detroit Dev Fin Auth
(Daimler/Chrysler Plant) Ser 98A
5.50%, 5/01/21 1,630 1,535,754
Kent Hosp Fin Auth
(Metro Hosp Proj) Series 05A
5.75%, 7/01/25 770 816,454
Michigan State Hosp Fin Auth
(Marquette Gen Hosp Oblig Group) Ser 05A
5.00%, 5/15/26 1,215 1,223,882
Michigan Strategic
(Detroit Edison Co Proj) XLCA Ser 02 AMT
5.45%, 12/15/32 5,000 5,286,700
Plymouth Ed Ctr Charter Sch Pub Sch Academy Rev Ref
Ser 05
5.125%, 11/01/23 2,140 2,123,372
Saginaw Hosp Fin Auth Hosp Rev
(Covenant Med Ctr) Ser 00F
6.50%, 7/01/30 4,410 4,819,380
----------
15,805,542
----------
Minnesota-0.2%
St Paul Hsg & Redev Auth Hosp
(Hlth East Proj) Ser 05
6.00%, 11/15/25 500 536,620
----------
Missouri-0.5%
Missouri SFMR
(Mtg Rev) GNMA/FNMA Ser 02A-1 AMT
5.58%, 9/01/32 1,590 1,630,036
----------
Nevada-15.4%
Carson City Hosp Rev
(Carson-Tahoe Hosp Proj) RADIAN Ser 03A
5.00%, 9/01/23 2,600 2,664,142
Clark Cnty Arpt Rev
FGIC Ser 01B
5.25%, 7/01/34 11,920 12,927,598
Nevada Dept Bus & Ind
(Las Vegas Monorail Proj) AMBAC Ser 00
5.625%, 1/01/32 11,720 12,638,965
Reno Cap Improvement Rev
(Unrefunded Balance) FGIC Ser 02
5.375%, 6/01/32 2,790 2,994,116
FGIC Ser 02
5.375%, 6/01/32 4,710 5,176,290
Truckee Meadows Wtr Auth
FSA Ser 01A
5.25%, 7/01/34 12,000 12,485,880
----------
48,886,991
----------
New Hampshire-1.4%
New Hampshire Hlth & Ed Fac Hosp Rev
(Covenant Med Ctr) Ser 02
6.125%, 7/01/31 4,200 4,548,768
----------
New Jersey-3.2%
Morris Union Jointure Commn COP
RADIAN Ser 04
5.00%, 5/01/24 5,185 5,382,911
New Jersey Eco Dev Auth Rev
(Cigarette Tax) Ser 04 FGIC
5.00%, 6/15/12 4,000 4,252,720
(Sch Facs Constr) Ser 05O
5.25%, 3/01/25 500 531,505
----------
10,167,136
----------
New York-2.1%
Erie Cnty IDA
(City of Buffalo Proj) FSA Ser 04
5.75%, 5/01/23 4,100 4,630,130
New York City GO
Ser 04G
5.00%, 12/01/23 1,600 1,668,320
New York State HFA
(Eco Dev & Hsg) Ser 05A
5.00%, 9/15/25 300 315,456
----------
6,613,906
----------
North Carolina-0.6%
Charlotte Arpt Rev
MBIA Ser 04A
5.25%, 7/01/24 1,895 2,031,914
----------
North Dakota-0.6%
North Dakota HFA SFMR
(Mtg Rev) Ser 02A AMT
5.65%, 1/01/34 1,705 1,743,533
----------
Ohio-3.4%
Cleveland-Cuyahoga Cnty
(Port Auth Rev) Ser 01
7.35%, 12/01/31 5,000 5,256,900
Fairfield Cnty Hosp Rev
(Fairfield Med Ctr Proj) RADIAN Ser 03
5.00%, 6/15/22-6/15/24 3,955 4,062,801
Port Auth of Columbiana Cnty SWR
(Apex Environmental Llc) Ser 04A AMT
7.125%, 8/01/25 1,340 1,346,472
----------
10,666,173
----------
Oregon-1.1%
Forest Grove Rev
(Ref & Campus Impt Pacific Proj) RADIAN Ser 05A
5.00%, 5/01/28 3,340 3,429,312
----------
Pennsylvania-3.6%
Montgomery Cnty IDA Rev
(Whitemarsh Con Care Proj) Ser 05
6.00%, 2/01/21 875 921,944
Pennsylvania Parking Fac
(30th St Station Garage Proj) ACA Ser 02A AMT
5.875%, 6/01/33 2,050 2,156,538
Pennsylvania Trpk Transp Rev
AMBAC Ser 01
5.00%, 7/15/41 2,000 2,158,000
Philadelphia Auth IDR
(Leadership Learning Partners) Ser 05A
5.25%, 7/01/24 1,150 1,120,549
Philadelphia Hosp Rev
(Temple Univ Hosp) Ser 93A
6.625%, 11/15/23 3,000 3,029,370
Pittsburgh Pub Parking Auth
FGIC, Ser 05A
5.00%, 12/01/25 2,000 2,081,820
----------
11,468,221
----------
Rhode Island-1.3%
Rhode Island Hlth & Ed Bldg Corp
(Times2 Academy) Ser 04
5.00%, 12/15/24 4,100 4,167,281
----------
South Carolina-1.4%
Newberry Investing In Childrens Ed
(Newberry Cnty Sch Dist Proj) Ser 05
5.00%, 12/01/27-12/01/30 4,275 4,397,113
----------
Tennessee-0.5%
Johnson City Hlth & Ed Fac Hosp Rev
(First Mtg-MTN Sts Hlth) Ser 06A
5.50%, 7/01/31 (d) 1,500 1,557,750
----------
Texas-22.8%
Bexar Cnty Hsg Fin Corp MFHR
(Doral Club & Sutton House Apts) MBIA Ser 01A
5.55%, 10/01/36 14,995 15,600,498
Brownwood ISD
(Sch Bldg) FGIC Ser 05
5.25%, 2/15/22-2/15/24 3,510 3,789,553
Dallas-Fort Worth Arpt Rev
(Int'l Arpt) FGIC Ser 01 AMT
5.50%, 11/01/35 6,500 6,788,535
Garza Cnty Pub Fac Corp
Ser 05
5.50%, 10/01/19 610 633,979
Gulf Coast Waste Disp Auth
(Anheuser-Busch Proj) Ser 02 AMT
5.90%, 4/01/36 9,000 9,605,970
Harris Cnty
(Flood Ctl) Ser 03B
5.00%, 10/01/23 2,600 2,712,398
Harris Cnty Toll Road Rev
FSA Ser 02
5.125%, 8/15/32 2,500 2,597,600
Hidalgo Cnty Hlth Svcs
(Mission Hosp Inc Proj) Ser 05
5.00%, 8/15/14-8/15/19 765 778,707
Houston
(Northeast Wtr Purification Proj) FGIC Ser 02
5.125%, 3/01/32 7,000 7,222,600
Lewisville Combination Contract
(Spl Assmt Cap Impt Dist No 2) ACA Ser 05
6.00%, 10/01/25 550 600,061
Matagorda Cnty Util Rev
(Centerpoint Energy Proj) Ser 04
5.60%, 3/01/27 1,000 1,037,850
Richardson Hosp Auth Rev
(Richardson Regional) Ser 04
5.875%, 12/01/24 2,310 2,442,478
6.00%, 12/01/19 1,830 1,992,925
San Antonio Arpt Rev
FGIC Ser 02A AMT
5.25%, 7/01/27 5,250 5,425,612
Seguin High Ed Fac Rev
(Texas Lutheran University Proj) Ser 04
5.25%, 9/01/33 1,250 1,259,388
Texas GO
Ser 02A AMT
5.50%, 8/01/41 9,470 9,998,142
----------
72,486,296
----------
Utah-0.8%
Davis Cnty Sales Tax Rev
AMBAC Ser 03B
5.25%, 10/01/23 1,000 1,068,300
Utah Hsg Corp MFHR
(Bluffs Apts Proj) GNMA Ser 02A AMT
5.60%, 7/20/30 1,480 1,551,040
----------
2,619,340
----------
Virginia-3.2%
Fauquier Cnty IDA Hosp Rev
(Fauquier Hospital) Asset Gty Ser 02
5.25%, 10/01/31 8,500 8,847,310
Pocahontas Pkwy Assoc Toll Rd Rev
(Cap Appreciation) Sr Ser 98B
Zero coupon, 8/15/15 2,250 1,347,773
----------
10,195,083
----------
Washington-4.2%
King Cnty Swr Rev
FSA Ser 02A
5.25%, 1/01/32 3,000 3,123,420
Twenty-Fifth Ave Pptys
(University of WA) MBIA Ser 02
5.25%, 6/01/33 9,750 10,169,932
-------------
13,293,352
-------------
Wisconsin-7.2%
Wisconsin Hlth & Ed Fac Auth Rev
(Bell Tower Residence Proj) Ser 05
5.00%, 7/01/20-7/01/25 1,485 1,510,840
Wisconsin Hlth & Ed Fac Hosp Rev
(Ministry Hlth Care) MBIA Ser 02A
5.25%, 2/15/32 13,615 14,241,290
Wisconsin Hsg Auth SFMR
(Mtg Rev) MBIA Ser 02A AMT
5.60%, 5/01/33 4,885 5,112,104
(Mtg Rev) Ser 02A AMT
5.50%, 9/01/32 2,090 2,123,628
-------------
22,987,862
-------------
Total Long-Term Municipal Bonds
(cost $481,261,833) 506,844,483
-------------
Short-Term Municipal Note (e)-0.3%
Massachusetts-0.3%
Massachusetts GO
(Central Artery/Ted Williams) Ser 00A
3.08%, 12/01/30
(cost $1,000,000) 1,000 1,000,000
-------------
Total Investments-160.0%
(cost $482,261,833) 507,844,483
Other assets less liabilities-1.4% 4,601,155
Preferred Stock at redemption value-(61.4%) (195,000,000)
-------------
Net Assets Applicable to Common
Shareholders - 100%(f) $ 317,445,638
-------------
INTEREST RATE SWAP TRANSACTIONS
Rate Type
---------------------------------
Payments Payments
Notional made by received Unrealized
Swap Amount Termination the by the Appreciation/
Counterparty (000) Date Portfolio Portfolio (Depreciation)
-------------- -------- ----------- --------------- --------------- --------------
Goldman Sachs $26,700 2/03/06 76.48% of BMA* $(8,836)
1 Month LIBOR**
Merrill Lynch 26,700 2/03/06 BMA* 85.10% of 17,794
1 Month LIBOR**
Merrill Lynch 9,000 11/01/19 3.896% BMA* (5,769)
Merrill Lynch+ 3,000 7/30/26 4.090% BMA* (7,446)
* BMA (Bond Market Association)
** LIBOR (London Interbank Offered Rate)
+ Represents a forward interest rate swap whose effective date for the
exchange of cash flows is July 30, 2006.
FINANCIAL FUTURES CONTRACTS SOLD
Value at
Number of Expiration Original January 31, Unrealized
Type Contracts Month Value 2006 Appreciation
------------ --------- ---------- ----------- ----------- ------------
U.S. T-Note March
10 Yr Future 112 2006 $12,177,830 $12,145,000 $32,830
(a) Positions, or portions thereof, with a market value of $705,691 have been
segregated to collateralize margin requirements for open futures contracts.
(b) Represents entire or partial position as collateral for interest rate
swaps.
(c) Indicates a security that has a zero coupon that remains in effect until a
predetermined date at which time the stated coupon rate becomes effective
until final maturity.
(d) When Issued security.
(e) Variable Rate Demand Notes (VRDN) are instruments whose interest rates
change on a specific date (such as coupon date or interest payment date) or
whose interest rates vary with changes in a designated base rate (such as
the prime interest rate). This instrument is payable on demand and is
secured by letters of credit or other credit support agreements from major
banks.
(f) Portfolio percentages are calculated based on net assets applicable to
common shareholders.
Glossary of Terms:
ACA -American Capital Access Financial Guaranty Corporation
AMBAC -American Municipal Bond Assurance Corporation
AMT -Alternative Minimum Tax- (subject to)
CDD -Community Development District
CFD -Communities Facilities District
CIFG -CIFG Assurance North America, Inc.
COP -Certificate of Participation
FGIC -Financial Guaranty Insurance Company
FNMA -Federal National Mortgage Association
FSA -Financial Security Assurance, Inc.
GNMA -Government National Mortgage Association
GO -General Obligation
HFA -Housing Finance Authority
IDA -Industrial Development Authority
IDR -Industrial Development Revenue
ISD -Independent School District
MBIA -Municipal Bond Investors Assurance
MFHR -Multi-Family Housing Revenue
RADIAN -Radian Group, Inc.
SFMR -Single Family Mortgage Revenue
SWR -Solid Waste Revenue
XLCA -XL Capital Assurance
ITEM 2. CONTROLS AND PROCEDURES.
(a) The registrant's principal executive officer and principal financial officer
have concluded that the registrant's disclosure controls and procedures (as
defined in Rule 30a-3(c) 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.
(b) There were no changes in the registrant'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's internal control over financial reporting.
ITEM 3. EXHIBITS.
The following exhibits are attached to this Form N-Q:
EXHIBIT NO. DESCRIPTION OF EXHIBIT
----------- --------------------------
3 (a)(1) Certification of Principal Executive Officer Pursuant
to Section 302 of the Sarbanes-Oxley Act of 2002
3 (a)(2) Certification of Principal Financial Officer Pursuant to
Section 302 of the Sarbanes-Oxley Act of 2002
SIGNATURES
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.
(Registrant): Alliance National Municipal Income Fund, Inc.
By: /s/ Marc O. Mayer
--------------------------
Marc O. Mayer
President
Date: March 23, 2006
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.
By: /s/ Marc O. Mayer
--------------------------
Marc O. Mayer
President
Date: March 23, 2006
By: /s/ Mark D. Gersten
--------------------------
Mark D. Gersten
Treasurer and Chief Financial Officer
Date: March 23, 2006