MetaCap

AllianceBernstein National Municipal Income Fund (AFB) vs Taiwan Fund (TWN)

Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.

Summary

On valuation, Taiwan Fund trades at a lower trailing P/E (2.7x vs 11.6x for AllianceBernstein National Municipal Income Fund). Taiwan Fund offers the higher dividend yield (5.97% vs 5.83%).

Summary generated from market data by MetaCap's automated system. Methodology

Head-to-head

AFB versus TWN key metrics
MetricAFBTWN
Share price$9.30$103.91
Market cap—$596.66M
1-day change-0.11%-0.85%
P/E ratio (TTM)11.632.71
EPS (TTM)$0.80$38.39
Dividend yield5.83%5.97%
Annual dividend$0.542$6.20
52-week high$11.50$108.83
52-week low$9.28$51.37
Distance from 52-week high-19.13%-4.52%
Average volume98.60K29.71K
Shares outstanding—5.74M
SectorFinanceFinance
IndustryTrusts Except Educational Religious and CharitableTrusts Except Educational Religious and Charitable

Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.

Key differences

  • AllianceBernstein National Municipal Income Fund trades at a higher earnings multiple (11.6x vs 2.7x trailing P/E).

About Taiwan Fund

TWN stock →

The Taiwan Fund, Inc. is a closed-ended equity mutual fund launched and managed by Nomura Asset Management U.S.A.

Finance · Trusts Except Educational Religious and Charitable

AFB vs TWN FAQ

Which has the lower P/E ratio, AFB or TWN?

TWN has the lower trailing P/E at 2.7, versus 11.6 for AFB. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.

Which pays a higher dividend, AllianceBernstein National Municipal Income Fund or Taiwan Fund?

Taiwan Fund has the higher yield at 5.97%, compared with 5.83% for AllianceBernstein National Municipal Income Fund.

Are AllianceBernstein National Municipal Income Fund and Taiwan Fund in the same industry?

Yes. Both are classified in the Trusts Except Educational Religious and Charitable industry within the Finance sector.

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