NEW YORK, Jan. 25, 2011 /PRNewswire/ -- The Ibero-America Fund, Inc.(NYSE: SNF) (the "Fund") today released its monthly portfolio update as of December 31, 2010.
The Ibero-America Fund, Inc.
Top 10 Equity Holdings w/ Sector Portfolio % Sector 1) Telefonica SA 11.72% Telecommunication Services 2) Banco Santander SA 9.83% Financials Consumer 3) Inditex SA 7.24% Discretionary 4) America Movil SAB de CV 6.19% Telecommunication Services 5) Repsol YPF SA 5.47% Energy 6) Banco Bilbao Vizcaya 4.32% Financials Argentaria SA 7) Iberdrola SA 3.07% Utilities 8) Obrascon Huarte Lain SA 2.99% Industrials 9) Ebro Puleva SA 2.89% Consumer Staples 10) Viscofan SA 2.77% Consumer Staples
Sector/Industry Breakdown Portfolio % Financials Commercial Banks 18.51% Diversified Financial Services 5.71% Consumer Finance 2.33% Insurance 1.70% Real Estate Management & Development 0.75% SUBTOTAL 29.00% Telecommunication Services Diversified Telecommunication Services 11.72% Wireless Telecommunication Services 6.19% SUBTOTAL 17.91% Consumer Staples Food Products 7.69% Food & Staples Retailing 2.13% Beverages 1.83% Personal Products 0.98% SUBTOTAL 12.63% Energy Oil, Gas & Consumable Fuels 7.58% Energy Equipment & Services 2.69% SUBTOTAL 10.27% Consumer Discretionary Specialty Retail 7.24% Household Durables 1.61% Diversified Consumer Services 1.28% SUBTOTAL 10.13% Industrials Construction & Engineering 4.11% Transportation Infrastructure 1.90% Commercial Services & Supplies 1.37% Machinery 0.71% SUBTOTAL 8.09% Utilities Electric Utilities 3.66% Independent Power Producers & Energy 1.12% Traders Gas Utilities 0.67% SUBTOTAL 5.45% Materials Metals & Mining 4.93% SUBTOTAL 4.93% Health Care Health Care Providers & Services 1.37% SUBTOTAL 1.37% Short-Term Investments 0.22% Total 100.00%
Security Type Breakdown Portfolio % Common Stocks: Foreign 99.78% Short-Term Investments: Investment Companies 0.22% Total Investments 100.00% Country Breakdown Portfolio % Spain 66.39% Brazil 20.01% Mexico 12.79% Portugal 0.59% Short-Term 0.22% Total Investments 100.00% Portfolio Statistics: Total Net Assets: $65.61 Million Net Asset Value: $7.37 Number of Holdings: 41
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.
SOURCE The Ibero-America Fund, Inc.