NEW YORK, Jan. 28, 2011 /PRNewswire/ -- The Ibero-America Fund, Inc. , a registered closed-end investment company, today announced earnings for the fourth quarter ended November 30, 2010.
Total net assets of the Fund on November 30, 2010 were $61,262,777 compared with $59,171,702 on August 31, 2010 and $72,821,924 on November 30, 2009. On November 30, 2010 the net asset value per share was $6.88 based on 8,905,699 shares outstanding.
November 30, August 31, November 30, 2010 2010 2009 ------------- ----------- ------------- Total Net Assets $61,262,777 $59,171,702 $72,821,924 NAV Per Share $6.88 $6.64 $8.18 Shares Outstanding 8,905,699 8,905,699 8,905,699
For the period September 1, 2010 through November 30, 2010, total net investment income was $133,072 or $0.02 per share. The total net realized and unrealized gain was $1,957,221 or $0.22 per share for the same period.
Third Fourth Fourth Quarter Quarter Quarter Ended Ended Ended November 30, August 31, November 30, 2010 2010 2009 ----------- ------------- Total Net Investment Income $133,072 $104,533 $160,514 Per Share $0.02 $0.01 $0.02 Total Net Realized/ $1,957,221 $5,006,056 $6,300,449 Unrealized Gain/ (Loss) Per Share $0.22 $0.56 $0.71 The Ibero-America Fund, Inc. is managed by AllianceBernstein L.P.
The Ibero-America Fund, Inc.
CONTACT: Shareholder Contact: +1-800-221-5672
