NEW YORK, June 19 /PRNewswire-FirstCall/ -- The Spain Fund, Inc. (the "Fund") today released its monthly portfolio update as of May 31, 2009.
Top 10 Equity Holdings Portfolio % Sector 1)Telefonica SA 20.89% Utilities 2)Banco Santander Central Hispano 11.71% Finance SA 3)Repsol YPF SA 10.49% Energy 4)Banco Bilbao Vizcaya Argentaria 6.56% Finance SA 5)Iberdrola SA 4.73% Utilities 6)Indra Sistemas SA 3.63% Technology 7)Enagas 3.54% Utilities 8)America Movil SAB de CV Series L 3.27% Consumer Services 9)Grifols SA 2.96% Health Care 10)Corporacion Financiera Alba 2.84% Finance Sector/Industry Breakdown Portfolio % Utilities: Telephone Utility 20.89% Electric & Gas Utility 11.43% Miscellaneous 2.76% SUBTOTAL 35.08% Finance: Banking - Money Center 18.26% Miscellaneous 5.16% Insurance 1.79% Banking - Regional 1.05% Brokerage & Money Management 0.66% Real Estate 0.39% SUBTOTAL 27.31% Energy: International 10.87% Miscellaneous 1.95% SUBTOTAL 12.82% Capital Goods: Engineering & Construction 8.42% Consumer Services: Cellular Communications 3.26% Miscellaneous 1.47% Apparel 1.28% SUBTOTAL 6.01% Consumer Staples: Food 3.77% Technology: Computer Services 3.63% Health Care: Miscellaneous 2.96% Total 100.00% Security Type Breakdown Portfolio% Common Stocks: Foreign 100.00% Total 100.00% Country Breakdown Portfolio% Spain 94.36% Mexico 3.65% Portugal 1.99% Total 100.00% Portfolio Statistics Total Net Assets: $58.5 Million Net Asset Value: $6.56 Number of Holdings: 31
The foregoing portfolio characteristics are as of the date indicated and can be expected to change. The Fund is a closed-end U.S.-registered management investment company advised by AllianceBernstein L. P.
The Spain Fund, Inc.
CONTACT: Shareholder Contact, +1-800-221-5672
