Michael Reyes
About Michael Reyes
Michael B. Reyes is Senior Vice President of AllianceBernstein Global High Income Fund, Inc. (AGHIF) and AllianceBernstein National Municipal Income Fund, Inc. (ANMIF), first elected in August 2018; he is 48 years old and also serves as Senior Vice President of AllianceBernstein L.P. (the Adviser). Officers are elected annually by each Fund’s Board, and the officer address is 66 Hudson Boulevard East, New York, NY 10001 . Recent filings note comparative analytical data prepared by the Fund’s Senior Vice President was reviewed by directors in advisory agreement approvals, highlighting the operational role of this position . No education or TSR/performance metrics specific to Reyes are disclosed in the Fund filings reviewed.
Past Roles
| Organization | Role | Years | Strategic Impact |
|---|---|---|---|
| AllianceBernstein Global High Income Fund, Inc. (AGHIF) and AllianceBernstein National Municipal Income Fund, Inc. (ANMIF) | Senior Vice President of the Funds | First elected 8/2018 – Present | Officer supporting fund operations and Board processes; directors reviewed comparative analytical data prepared by the Fund’s Senior Vice President in advisory agreement continuance |
| AllianceBernstein L.P. (Adviser) | Vice President | Prior to 2019 – 2024 | Adviser-side officer supporting AB Funds Complex; role disclosed without additional detail |
| AllianceBernstein L.P. (Adviser) | Senior Vice President | 2025 – Present | Adviser-side senior leadership; role disclosed without additional detail |
External Roles
No external directorships or outside roles for Reyes are disclosed in the Fund officer listings in the proxies reviewed .
Fixed Compensation
Compensation details for Fund officers (including salary, bonus, equity awards) are not disclosed in AGHIF/ANMIF proxies; the proxy provides compensation data only for Directors and Advisory Board members .
Performance Compensation
No disclosure of performance-based pay components (PSUs/RSUs, option grants, metrics, vesting schedules) for Fund officers in the filings reviewed .
Equity Ownership & Alignment
| Metric | As-of Feb 1, 2024 | As-of Feb 3, 2025 |
|---|---|---|
| Directors and officers beneficial ownership (% of shares outstanding) | <1% | <1% |
- Shares pledged/hedged: Not disclosed in filings reviewed .
- Stock ownership guidelines for officers: Not disclosed in Fund filings; proxies detail Board governance and Director compensation only .
Employment Terms
| Item | Disclosure |
|---|---|
| Role | Senior Vice President of the Funds (AGHIF and ANMIF) |
| First elected (Funds) | August 2018 |
| Election/Term | Officers are elected annually by each Fund’s Board |
| Employer | AllianceBernstein L.P. (Adviser); also functions as administrator to the Funds |
| Officer address | 66 Hudson Boulevard East, New York, NY 10001 |
| Severance, change-of-control terms | Not disclosed in Fund filings |
| Non-compete, non-solicit, garden leave | Not disclosed in Fund filings |
| Clawbacks, tax gross-ups | Not disclosed in Fund filings |
| Section 16(a) compliance | No Reyes-specific exceptions noted; one late Form 3 disclosed for Controller Phyllis J. Clarke (AGHIF/ANMIF) |
Investment Implications
- Pay-for-performance visibility is limited: Fund proxies do not disclose officer compensation or performance metrics; analysis of compensation alignment would require Adviser-level disclosures not included in the Fund proxies .
- Alignment via ownership appears modest: Directors and officers, individually and as a group, owned less than 1% of shares as of both 2024 and 2025; monitor for any future Section 16 filings indicating changes in beneficial ownership, hedging, or pledging .
- Tenure and role stability: Reyes has served since 2018 and officers are elected annually; absent Item 5.02 8‑Ks, retention risk signals are low from Fund filings—continue monitoring for executive changes via 8‑K 5.02 filings .
- Operational engagement: Reyes is cc’d on SEC correspondence concerning disclosure and reporting enhancements, and N‑CSRS indicates directors reviewed comparative data prepared by the Fund’s Senior Vice President during advisory agreement continuance—signals of meaningful involvement in governance and reporting processes .