IBEROAMER 
By NEW YORK, March 29, 2011 /PRNewswire/ -- The Ibero-America Fund, Inc.(NYSE: SNF) (the "Fund") today released its monthly portfolio update as of February 28, 2011.
The Ibero-America Fund, Inc.
Top 10 Equity Holdings w/
Sector
Portfolio % Sector
1)Telefonica SA 15.11% Telecommunication
Services
2)Banco Santander SA 11.05% Financials
Consumer
3)Inditex SA 6.91% Discretionary
4)Repsol YPF SA 6.28% Energy
5)America Movil SAB de CV 5.28% Telecommunication
Services
6)Banco Bilbao Vizcaya 5.01% Financials
Argentaria SA
7)Iberdrola SA 3.31% Utilities
8)Obrascon Huarte Lain SA 3.13% Industrials
9)Criteria Caixacorp SA 2.92% Financials
10)Tecnicas Reunidas SA 2.32% Energy
Sector/Industry Breakdown
Portfolio %
Financials
Commercial Banks 19.77%
Diversified Financial
Services 5.15%
Consumer Finance 1.96%
Insurance 1.81%
Real Estate Management &
Development 0.67%
SUBTOTAL 29.36%
Telecommunication Services
Diversified
Telecommunication Services 15.11%
Wireless Telecommunication
Services 5.28%
SUBTOTAL 20.39%
Consumer Discretionary
Specialty Retail 6.90%
Household Durables 1.85%
Media 1.45%
Diversified Consumer
Services 1.14%
Hotels, Restaurants &
Leisure 0.58%
SUBTOTAL 11.92%
Energy
Oil, Gas & Consumable Fuels 9.27%
Energy Equipment & Services 2.32%
SUBTOTAL 11.59%
Industrials
Construction & Engineering 5.00%
Machinery 1.71%
Commercial Services &
Supplies 1.32%
SUBTOTAL 8.03%
Utilities
Electric Utilities 3.96%
Independent Power Producers
& Energy 1.95%
Traders
Gas Utilities 0.69%
SUBTOTAL 6.60%
Consumer Staples
Food & Staples Retailing 2.06%
Food Products 1.83%
Beverages 1.03%
Personal Products 0.79%
SUBTOTAL 5.71%
Materials
Metals & Mining 4.79%
SUBTOTAL 4.79%
Health Care
Health Care Providers &
Services 1.17%
Pharmaceuticals 0.44%
SUBTOTAL 1.61%
Total 100.00%
Security Type Breakdown
Portfolio %
Common Stocks:
Foreign 100.00%
Total Investments 100.00%
Country Breakdown
Portfolio %
Spain 68.46%
Brazil 18.70%
Mexico 12.19%
Portugal 0.65%
Total Investments 100.00%
Portfolio Statistics:
Total Net Assets: $69.3
Net Asset Value: $7.78
Number of Holdings: 44
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.
