NEW YORK, Dec. 28, 2010 /PRNewswire/ -- The Ibero-America Fund, Inc. [NYSE: SNF] (the "Fund") today released its monthly portfolio update as of November 30, 2010.
The Ibero-America Fund, Inc. Top 10 Equity Holdings w/Sector Portfolio % Sector Telecommunication 1) Telefonica SA 11.98% Services 2) Banco Santander SA 9.67% Financials Consumer 3) Inditex SA 8.02% Discretionary Telecommunication 4) America Movil SAB de CV 6.90% Services 5) Repsol YPF SA 5.18% Energy 6) Investimentos Itau SA (Preference Shares) 4.40% Financials 7) Banco Bilbao Vizcaya Argentaria SA 4.28% Financials 8) Iberdrola SA 2.98% Utilities 9) Ebro Puleva SA 2.94% Consumer Staples 10) Vale SA 2.82% Materials Sector/Industry Breakdown Portfolio % Financials Commercial Banks 19.46% Diversified Financial Services 5.66% Consumer Finance 2.42% Insurance 1.57% Real Estate Management & Development 0.79% SUBTOTAL 29.90% Telecommunication Services Diversified Telecommunication Services 11.99% Wireless Telecommunication Services 6.90% SUBTOTAL 18.89% Consumer Discretionary Specialty Retail 8.02% Household Durables 1.73% Diversified Consumer Services 1.35% SUBTOTAL 11.10% Consumer Staples Food Products 6.72% Food & Staples Retailing 2.35% Beverages 1.78% SUBTOTAL 10.85% Energy Oil, Gas & Consumable Fuels 6.25% Energy Equipment & Services 2.50% SUBTOTAL 8.75% Industrials Construction & Engineering 3.97% Transportation Infrastructure 1.84% Commercial Services & Supplies 1.49% Machinery 0.39% SUBTOTAL 7.69% Utilities Electric Utilities 3.60% Gas Utilities 2.45% Independent Power Producers & Energy 1.02% Traders SUBTOTAL 7.07% Materials Metals & Mining 2.82% Paper & Forest Products 1.36% SUBTOTAL 4.18% Health Care Health Care Providers & Services 1.42% SUBTOTAL 1.42% Short-Term Investments 0.15% Total 100.00% Security Type Breakdown Portfolio % Common Stocks: Foreign 99.85% Short-Term Investments: Investment Companies 0.15% Total Investments 100.00% Country Breakdown Portfolio % Spain 68.08% Brazil 18.37% Mexico 12.78% Portugal 0.62% Short-Term 0.15% Total Investments 100.00% Portfolio Statistics: Total Net Assets: $61.26 Million Net Asset Value: $6.88 Number of Holdings: 39
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 Ibero-America Fund, Inc.
CONTACT: Shareholder Contact: 1-800-221-5672
Web Site: http://www.alliancebernstein.com/