The Ibero-America Fund Releases Monthly Portfolio Update

Dec 28, 2010, 16:06 ET from The Ibero-America Fund, Inc.

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

1) Telefonica SA

11.98%

Telecommunication Services

2) Banco Santander SA

9.67%

Financials

3) Inditex SA

8.02%

Consumer Discretionary

4) America Movil SAB de CV

6.90%

Telecommunication 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.

SOURCE The Ibero-America Fund, Inc.



RELATED LINKS

http://www.alliancebernstein.com