The Spain Fund Releases Monthly Portfolio Update
NEW YORK, Oct. 23 /PRNewswire-FirstCall/ -- The Spain Fund, Inc. (NYSE: SNF)
(the "Fund") today released its monthly portfolio update as of September 30,
2009.
Top 10 Equity Holdings
Portfolio % Sector
1)Telefonica SA 21.31% Telecommunication
Services
2)Banco Santander Central Hispano SA 14.22% Financials
3)Banco Bilbao Vizcaya Argentaria SA 7.66% Financials
4)Iberdrola SA 6.16% Utilities
5)Repsol YPF SA 4.96% Energy
6)Enagas 3.56% Utilities
7)Inditex SA 3.36% Consumer
Discretionary
8)America Movil SAB de CV Series L 3.26% Telecommunication
Services
9)Corporacion Financiera Alba 2.75% Financials
10)Abertis Infraestructuras SA 2.66% Industrials
Sector/Industry Breakdown
Portfolio %
Financials:
Commercial Banks 23.91%
Diversified Financial Services 6.13%
Insurance 2.55%
Consumer Finance 0.67%
SUBTOTAL 33.26%
Telecommunication Services:
Diversified Telecommunication Services 21.31%
Wireless Telecommunication Services 3.26%
SUBTOTAL 24.57%
Utilities:
Electric Utilities 9.77%
Gas Utilities 4.64%
Independent Power Producers & Energy 0.57%
Traders
SUBTOTAL 14.98%
Industrials:
Transportation Infrastructure 3.93%
Construction & Engineering 2.13%
Electrical Equipment 1.56%
Commercial Services & Supplies 1.54%
Machinery 0.41%
SUBTOTAL 9.57%
Energy:
Oil, Gas & Consumable Fuels 4.96%
Energy Equipment & Services 0.59%
SUBTOTAL 5.55%
Consumer Discretionary:
Specialty Retail 3.36%
Household Durables 0.46%
SUBTOTAL 3.82%
Information Technology:
IT Services 3.14%
Communications Equipment 0.62%
SUBTOTAL 3.76%
Consumer Staples:
Food Products 2.41%
Household Products 0.62%
SUBTOTAL 3.03%
Health Care:
Biotechnology 0.85%
Materials:
Metals & Mining 0.61%
Total 100.00%
Security Type Breakdown
Portfolio%
Common Stocks:
Foreign 100.00%
Total 100.00%
Country Breakdown
Portfolio%
Spain 90.71%
Mexico 4.39%
Portugal 2.79%
Brazil 2.11%
Total 100.00%
Portfolio Statistics
Total Net Assets: $70.7 Million
Net Asset Value: $7.94
Number of Holdings: 36
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 Spain Fund, Inc.
Shareholders: +1-800-221-5672
