UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORMN-CSR
CERTIFIED SHAREHOLDER REPORT OF REGISTERED
MANAGEMENT INVESTMENT COMPANIES
Investment Company Act file number:811-04791
AB 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)
Joseph J. Mantineo
AllianceBernstein 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: May 31, 2019
Date of reporting period: May 31, 2019
The Registrant is filing this Amendment to its Certified Shareholder Report on FormN-CSR filed with the Securities and Exchange Commission on August 1, 2019 to amend Item 4: “Principal Accountant Fees and Services.” The purpose of the amendment is to revise the 2019 amounts pertaining to “All Fees forNon-Audit Services Provided to the Portfolio, the Adviser and Service Affiliates.” Other than the aforementioned revision, this FormN-CSR/A does not reflect events occurring after the filing of the original FormN-CSR, or modify or update theN-CSR filing in any way.
ITEM 4. PRINCIPAL ACCOUNTANT FEES AND SERVICES.
(a) - (c) The following table sets forth the aggregate fees billed by the independent registered public accounting firm Ernst & Young LLP, for the Fund’s last two fiscal years for professional services rendered for: (i) the audit of the Fund’s annual financial statements included in the Fund’s annual report to stockholders; (ii) assurance and related services that are reasonably related to the performance of the audit of the Fund’s financial statements and are not reported under (i), which include advice and education related to accounting and auditing issues and quarterly press release review (for those Funds which issue press releases), and preferred stock maintenance testing (for those Funds that issue preferred stock); and (iii) tax compliance, tax advice and tax return preparation.
| | | | | | | | | | | | | | | | |
| | | | | | Audit Fees | | | Audit-Related
Fees | | | Tax Fees | |
California Portfolio | | | 2018 | | | $ | 37,288 | | | $ | 91 | | | $ | 18,762 | |
| | | 2019 | | | $ | 37,288 | | | $ | — | | | $ | 19,038 | |
National Portfolio | | | 2018 | | | $ | 38,664 | | | $ | 160 | | | $ | 18,762 | |
| | | 2019 | | | $ | 38,664 | | | $ | — | | | $ | 18,258 | |
New York Portfolio | | | 2018 | | | $ | 38,664 | | | $ | 77 | | | $ | 18,762 | |
| | | 2019 | | | $ | 38,664 | | | $ | — | | | $ | 19,038 | |
High Income | | | 2018 | | | $ | 46,438 | | | $ | 324 | | | $ | 18,762 | |
| | | 2019 | | | $ | 46,438 | | | $ | — | | | $ | 19,761 | |
(d) Not applicable.
(e) (1) Beginning with audit andnon-audit service contracts entered into on or after May 6, 2003, the Fund’s Audit Committee policies and procedures require thepre-approval of all audit andnon-audit services provided to the Fund by the Fund’s independent registered public accounting firm. The Fund’s Audit Committee policies and procedures also requirepre-approval of all audit andnon-audit services provided to the Adviser and Service Affiliates to the extent that these services are directly related to the operations or financial reporting of the Fund.
(e) (2) All of the amounts for Audit Fees, Audit-Related Fees and Tax Fees in the table under Item 4 (a) – (c) are for servicespre-approved by the Fund’s Audit Committee.
(f) Not applicable.
(g) The following table sets forth the aggregatenon-audit services provided to the Fund, the Fund’s Adviser and entities that control, are controlled by or under common control with the Adviser that provide ongoing services to the Fund:
| | | | | | | | | | | | |
| | | | | | All Fees for
Non-Audit Services
Provided to the
Portfolio, the Adviser
and Service
Affiliates | | | Total Amount of
Foregoing Column Pre-
approved by the Audit
Committee
(Portion Comprised of
Audit Related Fees)
(Portion Comprised of
Tax Fees) | |
California Portfolio | | | 2018 | | | $ | 845,543 | | | $ | 18,853 | |
| | | | | | | | | | $ | (91 | ) |
| | | | | | | | | | $ | (18,762 | ) |
| | | 2019 | | | $ | 634,441 | | | $ | 19,038 | |
| | | | | | | | | | $ | — | |
| | | | | | | | | | $ | (19,038 | ) |
National Portfolio | | | 2018 | | | $ | 845,612 | | | $ | 18,922 | |
| | | | | | | | | | $ | (160 | ) |
| | | | | | | | | | $ | (18,762 | ) |
| | | 2019 | | | $ | 633,661 | | | $ | 18,258 | |
| | | | | | | | | | $ | — | |
| | | | | | | | | | $ | (18,258 | ) |
New York Portfolio | | | 2018 | | | $ | 845,529 | | | $ | 18,839 | |
| | | | | | | | | | $ | (77 | ) |
| | | | | | | | | | $ | (18,762 | ) |
| | | 2019 | | | $ | 634,441 | | | $ | 19,038 | |
| | | | | | | | | | $ | — | |
| | | | | | | | | | $ | (19,038 | ) |
High Income | | | 2018 | | | $ | 845,776 | | | $ | 19,086 | |
| | | | | | | | | | $ | (324 | ) |
| | | | | | | | | | $ | (18,762 | ) |
| | | 2019 | | | $ | 635,164 | | | $ | 19,761 | |
| | | | | | | | | | $ | — | |
| | | | | | | | | | $ | (19,761 | ) |
(h) The Audit Committee of the Fund has considered whether the provision of anynon-audit services notpre-approved by the Audit Committee provided by the Fund’s independent registered public accounting firm to the Adviser and Service Affiliates is compatible with maintaining the auditor’s independence.
ITEM 12. EXHIBITS.
The following exhibits are attached to this FormN-CSR:
| | |
EXHIBIT NO. | | DESCRIPTION OF EXHIBIT |
| |
| 12 (b) (1) | | Certification of Principal Executive Officer Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 |
| |
| 12 (b) (2) | | Certification of Principal Financial Officer Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 |
| |
| 12 (c) | | Certification of Principal Executive Officer and Principal Financial Officer Pursuant to Section 906 of theSarbanes-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): AB Municipal Income Fund, Inc.
| | |
| By: | | /s/ Robert M. Keith |
| | Robert M. Keith |
| | President |
| |
| Date: | | August 13, 2019 |
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/ Robert M. Keith |
| | Robert M. Keith |
| | President |
| |
| Date: | | August 13, 2019 |
| |
| By: | | /s/ Joseph J. Mantineo |
| | Joseph J. Mantineo |
| | Treasurer and Chief Financial Officer |
| |
| Date: | | August 13, 2019 |
