The Ibero-America Fund Releases Monthly Portfolio Update
28 September 2011 - 6:06AM
PR Newswire (US)
NEW YORK, Sept. 27, 2011 /PRNewswire/ -- The Ibero-America
Fund, Inc. (NYSE: SNF) (the "Fund") today released its monthly
portfolio update as of August 31,
2011.
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The
Ibero-America Fund, Inc.
|
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Top 10 Equity Holdings
w/Sector
|
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Portfolio
%
|
Sector
|
|
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1) Telefonica SA
|
14.70%
|
Telecommunication
Services
|
|
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2) Banco
Santander SA
|
9.55%
|
Financials
|
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3) Inditex
SA
|
8.95%
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Consumer
Discretionary
|
|
|
4) Iberdrola SA
|
7.40%
|
Utilities
|
|
|
5) Repsol YPF SA
|
6.41%
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Energy
|
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6) America Movil SAB de
CV
|
5.13%
|
Telecommunication
Services
|
|
|
7) Banco Bilbao
Vizcaya Argentaria SA
|
4.46%
|
Financials
|
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8) Criteria Caixacorp
SA
|
3.79%
|
Financials
|
|
|
9) Obrascon Huarte Lain
SA
|
3.11%
|
Industrials
|
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10) Ferrovial
SA
|
2.31%
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Industrials
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Sector/Industry
Breakdown
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Portfolio
%
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Financials
|
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Commercial Banks
|
17.81%
|
|
|
Diversified Financial Services
|
5.32%
|
|
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Insurance
|
2.22%
|
|
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Consumer Finance
|
1.98%
|
|
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Real Estate Management &
Development
|
0.93%
|
|
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SUBTOTAL
|
28.26%
|
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Telecommunication
Services
|
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Diversified Telecommunication Services
|
14.69%
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|
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Wireless Telecommunication
Services
|
5.13%
|
|
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SUBTOTAL
|
19.82%
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Consumer
Discretionary
|
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Specialty Retail
|
8.96%
|
|
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Household Durables
|
2.24%
|
|
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Auto
Components
|
1.45%
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Diversified Consumer
Services
|
1.00%
|
|
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Media
|
0.75%
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Hotels, Restaurants &
Leisure
|
0.49%
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SUBTOTAL
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14.89%
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Energy
|
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Oil,
Gas & Consumable Fuels
|
10.87%
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SUBTOTAL
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10.87%
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Utilities
|
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Electric Utilities
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8.06%
|
|
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Gas Utilities
|
0.80%
|
|
|
SUBTOTAL
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8.86%
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|
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Industrials
|
|
|
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Construction & Engineering
|
5.41%
|
|
|
Commercial Services & Supplies
|
1.78%
|
|
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Machinery
|
1.03%
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Transportation
Infrastructure
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0.54%
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SUBTOTAL
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8.76%
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Consumer
Staples
|
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Food
& Staples Retailing
|
2.32%
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Beverages
|
1.61%
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|
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Personal Products
|
0.69%
|
|
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SUBTOTAL
|
4.62%
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|
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Health
Care
|
|
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Health Care Providers & Services
|
1.19%
|
|
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Pharmaceuticals
|
0.84%
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|
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SUBTOTAL
|
2.03%
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Information
Technology
|
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IT Services
|
1.21%
|
|
|
SUBTOTAL
|
1.21%
|
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Materials
|
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Metals & Mining
|
0.54%
|
|
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SUBTOTAL
|
0.54%
|
|
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Short-Term
Investments
|
0.14%
|
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Total
|
100.00%
|
|
|
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Security Type
Breakdown
|
|
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Portfolio
%
|
|
|
Common Stocks:
|
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Foreign
|
99.86%
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Short-Term
Investments:
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Investment
Companies
|
0.14%
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Total
Investments
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100.00%
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Country Breakdown
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Portfolio
%
|
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Spain
|
72.48%
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Brazil
|
14.36%
|
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Mexico
|
12.01%
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Portugal
|
0.67%
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Chile
|
0.34%
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Short-Term
|
0.14%
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Total
Investments
|
100.00%
|
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Net Currency Exposure
Breakdown
|
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Portfolio
%
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Euro
Dollar
|
74.56%
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Brazilian
Real
|
13.71%
|
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Mexican
Peso
|
11.52%
|
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Chilean
Peso
|
0.33%
|
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United States
Dollar
|
-0.12%
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Total
Investments
|
100.00%
|
|
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Portfolio
Statistics:
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Total Net
Assets:
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$60.73 Million
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Net Asset
Value:
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$6.82
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Number of
Holdings:
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42
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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.
Copyright 2011 PR Newswire
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