The Ibero-America Fund Releases Monthly Portfolio Update
August 30 2011 - 3:06PM
PR Newswire (US)
NEW YORK, Aug. 30, 2011 /PRNewswire/ -- The Ibero-America
Fund, Inc. (NYSE: SNF) (the "Fund") today released its monthly
portfolio update as of July 31,
2011.
The
Ibero-America Fund, Inc.
|
|
|
|
|
|
Top 10 Equity Holdings
w/Sector
|
|
|
|
|
Portfolio
%
|
Sector
|
|
1) Telefonica SA
|
14.48%
|
Telecommunication
Services
|
|
2) Banco
Santander SA
|
10.33%
|
Financials
|
|
3) Inditex
SA
|
8.75%
|
Consumer
Discretionary
|
|
4) Iberdrola
SA
|
7.51%
|
Utilities
|
|
5) Repsol YPF SA
|
6.45%
|
Energy
|
|
6) America Movil SAB de
CV
|
5.19%
|
Telecommunication
Services
|
|
7) Banco Bilbao Vizcaya
Argentaria SA
|
4.73%
|
Financials
|
|
8) Criteria Caixacorp
SA
|
3.91%
|
Financials
|
|
9) Obrascon Huarte Lain
SA
|
3.27%
|
Industrials
|
|
10) QGEP Participacoes
SA
|
2.31%
|
Energy
|
|
|
|
|
|
Sector/Industry
Breakdown
|
|
|
|
|
Portfolio %
|
|
|
Financials
|
|
|
|
Commercial
Banks
|
18.92%
|
|
|
Diversified Financial
Services
|
5.39%
|
|
|
Insurance
|
2.23%
|
|
|
Consumer
Finance
|
2.02%
|
|
|
Real Estate Management
& Development
|
0.89%
|
|
|
SUBTOTAL
|
29.45%
|
|
|
Telecommunication
Services
|
|
|
|
Diversified
Telecommunication Services
|
14.48%
|
|
|
Wireless Telecommunication
Services
|
5.19%
|
|
|
SUBTOTAL
|
19.67%
|
|
|
Consumer
Discretionary
|
|
|
|
Specialty
Retail
|
8.74%
|
|
|
Household
Durables
|
2.22%
|
|
|
Auto Components
|
1.39%
|
|
|
Diversified Consumer
Services
|
1.08%
|
|
|
Media
|
0.83%
|
|
|
Hotels, Restaurants &
Leisure
|
0.60%
|
|
|
SUBTOTAL
|
14.86%
|
|
|
Energy
|
|
|
|
Oil, Gas & Consumable
Fuels
|
11.02%
|
|
|
SUBTOTAL
|
11.02%
|
|
|
Utilities
|
|
|
|
Electric
Utilities
|
8.15%
|
|
|
Gas Utilities
|
0.80%
|
|
|
SUBTOTAL
|
8.95%
|
|
|
Industrials
|
|
|
|
Construction &
Engineering
|
5.44%
|
|
|
Commercial Services &
Supplies
|
1.63%
|
|
|
Machinery
|
1.02%
|
|
|
SUBTOTAL
|
8.09%
|
|
|
Consumer Staples
|
|
|
|
Food & Staples
Retailing
|
2.19%
|
|
|
Beverages
|
1.26%
|
|
|
Personal
Products
|
0.58%
|
|
|
SUBTOTAL
|
4.03%
|
|
|
Health Care
|
|
|
|
Health Care Providers
& Services
|
1.31%
|
|
|
Pharmaceuticals
|
0.81%
|
|
|
SUBTOTAL
|
2.12%
|
|
|
Information
Technology
|
|
|
|
IT Services
|
1.12%
|
|
|
SUBTOTAL
|
1.12%
|
|
|
Materials
|
|
|
|
Metals &
Mining
|
0.53%
|
|
|
SUBTOTAL
|
0.53%
|
|
|
Short-Term
Investments
|
0.16%
|
|
|
Total
|
100.00%
|
|
|
|
|
|
|
Security Type
Breakdown
|
|
|
|
|
Portfolio
%
|
|
|
Common Stocks:
|
|
|
|
Foreign
|
99.84%
|
|
|
|
|
|
|
Short-Term
Investments:
|
|
|
|
Investment
Companies
|
0.16%
|
|
|
Total Investments
|
100.00%
|
|
|
|
|
|
|
Country Breakdown
|
|
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|
|
Portfolio
%
|
|
|
Spain
|
72.79%
|
|
|
Brazil
|
14.13%
|
|
|
Mexico
|
11.96%
|
|
|
Portugal
|
0.65%
|
|
|
Chile
|
0.31%
|
|
|
Short-Term
|
0.16%
|
|
|
Total Investments
|
100.00%
|
|
|
|
|
|
|
Net Currency Exposure
Breakdown
|
|
|
|
|
Portfolio
%
|
|
|
Euro Dollar
|
74.88%
|
|
|
Brazilian Real
|
13.56%
|
|
|
Mexican Peso
|
11.55%
|
|
|
Chilean Peso
|
0.30%
|
|
|
United States Dollar
|
-0.29%
|
|
|
Total Investments
|
100.00%
|
|
|
|
|
|
|
Portfolio
Statistics:
|
|
|
|
Total Net
Assets:
|
$65.63 Million
|
|
|
Net Asset
Value:
|
$7.37
|
|
|
Number of
Holdings:
|
42
|
|
|
|
|
|
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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