The Ibero-America Fund Releases Monthly Portfolio Update
NEW YORK, May 25 /PRNewswire-FirstCall/ -- The Ibero-America Fund, Inc. [NYSE: SNF] (the "Fund") today released its monthly portfolio update as of April 30, 2010.
Top 10 Equity Holdings |
|||
Portfolio % |
Sector |
||
1)Telefonica SA |
15.14% |
Telecommunication Services |
|
2)Banco Santander Central Hispano SA |
13.00% |
Financials |
|
3)Banco Bilbao Vizcaya Argentaria SA |
6.50% |
Financials |
|
4)Inditex SA |
5.95% |
Consumer Discretionary |
|
5)America Movil SAB de CV Series L |
4.95% |
Telecommunication Services |
|
6)Respol YPF SA |
4.91% |
Energy |
|
7)Iberdrola SA |
3.25% |
Utilities |
|
8)Obrascon Huarte Lain SA |
2.99% |
Industrials |
|
9)Usinas Siderurgicas de Minas Gerais SA |
2.77% |
Materials |
|
(preference shares) – Class A |
|||
10)Tecnicas Reunidas SA |
2.74% |
Energy |
|
Sector/Industry Breakdown |
||
Portfolio % |
||
Financials: |
||
Commercial Banks |
22.47% |
|
Diversified Financial Services |
6.18% |
|
Insurance |
1.82% |
|
Consumer Finance |
1.62% |
|
Real Estate Management & Development |
0.50% |
|
SUBTOTAL |
32.59% |
|
Telecommunication Services: |
||
Diversified Telecommunication Services |
15.14% |
|
Wireless Telecommunication Services |
4.95% |
|
SUBTOTAL |
20.09% |
|
Industrials: |
||
Construction & Engineering |
3.64% |
|
Transportation Infrastructure |
2.34% |
|
Commercial Services & Supplies |
2.05% |
|
Machinery |
0.51% |
|
SUBTOTAL |
8.54% |
|
Consumer Discretionary: |
||
Specialty Retail |
5.95% |
|
Household Durables |
1.02% |
|
Multiline Retail |
0.87% |
|
Hotels, Restaurants & Leisure |
0.54% |
|
SUBTOTAL |
8.38% |
|
Utilities: |
||
Electric Utilities |
3.93% |
|
Independent Power Producers & Energy |
2.82% |
|
Traders |
||
Gas Utilities |
1.58% |
|
SUBTOTAL |
8.33% |
|
Energy: |
||
Oil, Gas & Consumable Fuels |
4.91% |
|
Energy Equipment & Services |
2.74% |
|
SUBTOTAL |
7.65% |
|
Consumer Staples: |
||
Food Products |
4.99% |
|
Food & Staples Retailing |
0.63% |
|
Beverages |
0.57% |
|
SUBTOTAL |
6.19% |
|
Materials: |
||
Metals & Mining |
5.32% |
|
Paper & Forest Products |
0.84% |
|
SUBTOTAL |
6.16% |
|
Information Technology: |
||
IT Services |
1.23% |
|
Communications Equipment |
0.68% |
|
SUBTOTAL |
1.91% |
|
Short-Term Investments |
0.16% |
|
Total |
100.00% |
|
Security Type Breakdown |
||
Portfolio% |
||
Common Stocks: |
||
Foreign |
99.84% |
|
Short-Term Investments |
0.16% |
|
Total |
100.00% |
|
Country Breakdown |
||
Portfolio% |
||
Spain |
79.15% |
|
Brazil |
10.35% |
|
Mexico |
9.24% |
|
Portugal |
1.10% |
|
Short-Term |
0.16% |
|
Total |
100.00% |
|
Portfolio Statistics |
||
Total Net Assets: |
$62.6 Million |
|
Net Asset Value: |
$7.03 |
|
Number of Holdings: |
43 |
|
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.
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