AFB vs MCI

Comparison between AllianceBernstein National Municipal Income Fund Inc (AFB, ETF) and Barings Corporate Investors (MCI, ETF).

5-Year PerformanceMCI has outperformed AFB, delivering a return of +10.9% compared to -1.4%

AFB vs MCI - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	AFB(ETF)	MCI(ETF)
Net Assets	$345M	$343M
Max Drawdown	56.18%	64.05%
Sharpe Ratio	1.39	-0.30
5Y Beta	0.11	0.17
5Y Dividends CAGR	-2.44%	15.81%

Net Assets

Winner

AFB

$345M

MCI

$343M

Max Drawdown

Winner

AFB

56.18%

MCI

64.05%

Sharpe Ratio

Winner

AFB

1.39

MCI

-0.30

5Y Beta

Winner

AFB

0.11

MCI

0.17

5Y Dividends CAGR

AFB

-2.44%

Winner

MCI

15.81%

AFB vs MCI - Historical Returns

Returns include dividend reinvestment.

Period	AFB	MCI
1 month	+0.63%	-0.01%
3 months	+3.43%	-14.60%
6 months	+5.35%	-13.45%
1 year	+15.10%	-5.58%
5 years(CAGR)	-1.37%	+10.92%
10 years(CAGR)	+1.54%	+7.68%
Max(CAGR)	+4.43%	+10.78%

Winner

AFB

+0.63%

MCI

-0.01%

Winner

AFB

+3.43%

MCI

-14.60%

Winner

AFB

+5.35%

MCI

-13.45%

Winner

AFB

+15.10%

MCI

-5.58%

5Y(CAGR)

AFB

-1.37%

Winner

MCI

+10.92%

10Y(CAGR)

AFB

+1.54%

Winner

MCI

+7.68%

Max(CAGR)

AFB

+4.43%

Winner

MCI

+10.78%

AFB vs MCI - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	AFB	MCI
2026	+5.15%	-6.04%
2025	+3.74%	-2.24%
2024	+3.62%	+25.47%
2023	+6.52%	+44.43%
2022	-26.36%	-5.06%
2021	+7.80%	+28.28%
2020	+8.62%	-15.03%
2019	+17.80%	+20.89%
2018	-5.64%	+2.87%
2017	+5.98%	+6.96%
2016	+0.60%	-3.80%
2015	+6.57%	+19.34%
2014	+17.08%	+14.78%
2013	-16.19%	+2.90%
2012	+12.31%	-4.33%
2011	+23.79%	+24.49%
2010	+2.72%	+31.19%
2009	+46.56%	+44.56%
2008	-26.19%	-27.72%
2007	-7.62%	-6.42%
2006	+5.59%	+23.05%
2005	+17.67%	+15.14%
2004	+6.73%	+35.66%
2003	+9.12%	+28.22%
2002	-3.10%	-0.10%
2001	N/A	-0.01%
2000	N/A	+18.33%
1999	N/A	+15.71%

AFB vs MCI Drawdown Comparison

The maximum drawdown for AFB was -51.00%, occurring on Oct 10, 2008. Recovery took 746 trading sessions.

The maximum drawdown for MCI was -57.11%, occurring on Mar 9, 2009. Recovery took 887 trading sessions.

The current AFB drawdown is -10.10%. The current MCI drawdown is -24.63%.

Rank	AFB	MCI
#1	-51.00% Oct 19, 2006 - Oct 7, 2009	-57.11% Feb 7, 2007 - Aug 16, 2010
#2	-35.14% Dec 16, 2021 - Oct 20, 2023	-44.64% Feb 14, 2020 - Aug 11, 2021
#3	-26.40% Jan 18, 2013 - Jan 7, 2016	-27.61% Feb 20, 2025 - May 11, 2026
#4	-23.23% Mar 6, 2020 - Nov 27, 2020	-24.09% Aug 15, 2016 - Feb 22, 2019
#5	-18.03% Oct 7, 2010 - Sep 13, 2011	-22.89% Aug 27, 2001 - Aug 21, 2003
#6	-14.00% Mar 17, 2004 - Nov 1, 2004	-20.91% Jan 18, 2022 - Jun 13, 2023
#7	-13.99% Jul 8, 2016 - Jun 13, 2019	-20.24% May 26, 2011 - Oct 6, 2011
#8	-12.35% Jan 29, 2002 - Apr 28, 2003	-20.21% Jan 17, 2012 - Jan 16, 2013
#9	-9.33% Oct 7, 2009 - Jan 25, 2010	-19.37% Feb 16, 2000 - May 26, 2000
#10	-8.25% Mar 2, 2012 - May 17, 2012	-17.12% May 22, 2013 - Nov 17, 2014
#11	-8.16% Jun 13, 2003 - Jan 9, 2004	-13.04% Mar 7, 2001 - May 15, 2001
#12	-6.23% Oct 1, 2012 - Jan 7, 2013	-12.54% Feb 14, 2005 - Jun 17, 2005
#13	-6.06% Sep 7, 2005 - Dec 15, 2005	-12.46% Dec 5, 2011 - Jan 17, 2012
#14	-5.38% Jul 11, 2006 - Aug 1, 2006	-12.18% Dec 17, 1999 - Feb 16, 2000
#15	-5.24% Jan 30, 2012 - Mar 2, 2012	-11.79% Nov 18, 2010 - Feb 15, 2011

Correlation

Correlation between AFB and MCI is 0.82 which considered as a strong positive correlation - the stocks tend to move together.

0.82

-101

Dividend Comparison (1999 - 2026)

AFB vs MCI dividend yield comparison.

Year	AFB	MCI
2026	2.71%	2.34%
2025	4.72%	8.82%
2024	3.83%	8.29%
2023	3.62%	7.70%
2022	5.26%	7.31%
2021	4.32%	6.01%
2020	4.18%	7.28%
2019	3.93%	7.12%
2018	4.53%	8.16%
2017	4.70%	7.86%
2016	5.34%	7.75%
2015	5.80%	6.96%
2014	6.35%	7.55%
2013	7.06%	8.04%
2012	5.98%	10.47%
2011	6.29%	7.50%
2010	7.19%	7.07%
2009	6.64%	8.61%
2008	8.37%	11.22%
2007	5.91%	8.51%
2006	6.29%	7.11%
2005	6.48%	7.62%
2004	7.14%	7.58%
2003	6.81%	6.46%
2002	5.18%	7.39%
2001	0.00%	9.08%
2000	0.00%	12.55%
1999	0.00%	6.83%