The Spain Fund Releases Monthly Portfolio Update
November 19 2008 - 4:06PM
PR Newswire (US)
NEW YORK, Nov. 19 /PRNewswire-FirstCall/ -- The Spain Fund, Inc.
(NYSE: SNF) (the "Fund") today released its monthly portfolio
update as of October 31, 2008. Top 10 Equity Holdings Portfolio%
Country 1)Telefonica SA 20.71% Spain 2)Banco Santander Central
Hispano SA 14.72% Spain 3)Iberdrola SA 12.42% Spain 4)Banco Bilbao
Vizcaya Argentaria SA 6.81% Spain 5)Enagas 6.28% Spain 6)RED
ELECTRICA Corp. SA 5.56% Spain 7)Repsol YPF SA 5.06% Spain 8)Indra
Sistemas SA 4.37% Spain 9)Grifols SA 3.61% Spain 10)America Movil
SAB de CV Series L 2.43% Mexico Sector/Industry Breakdown
Portfolio% Utilities: Electric & Gas Utility 27.66% Telephone
Utility 20.71% Miscellaneous 1.61% SUBTOTAL 49.98% Finance: Banking
-- Money Center 21.53% Miscellaneous 2.49% SUBTOTAL 24.02% Energy:
International 5.06% Miscellaneous 1.58% SUBTOTAL 6.64% Technology:
Computer Services 4.36% Consumer Services: Cellular Communications
2.43% Miscellaneous 1.21% SUBTOTAL 3.64% Health Care: Miscellaneous
3.61% Capital Goods: Engineering & Construction 3.32% Consumer
Staples: Food 2.53% Basic Industry: Mining & Metals 1.90% Total
100.00% Security Type Breakdown Portfolio% Common Stocks: Foreign
Equity 100.00% Total 100.00% Country Breakdown Portfolio% Spain
97.57% Mexico 2.43% Total 100.00% Portfolio Statistics Total Net
Assets: $53.2 Million Net Asset Value: $5.98 Number of Holdings: 22
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. DATASOURCE: The Spain Fund, Inc. CONTACT:
Shareholder Contact, 1-800-221-5672
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