CUBA

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Herzfeld Caribbean Basin Fund Inc.

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The Herzfeld Caribbean Basin Fund Inc. is a closed-ended equity mutual fund launched by Thomas J. Herzfeld Advisors, Inc. The fund is managed by Herzfeld/Cuba. It invests in the public equity markets of the United States. The fund employing fundamental analysis investing in stocks of companies that are likely to benefit from economic, political, structural and technological developments in the countries in the Caribbean Basin, which consist of Cuba, Jamaica, Trinidad and Tobago, the Bahamas, the Dominican Republic, Barbados, Aruba, Haiti, the Netherlands Antilles, the Commonwealth of Puerto Rico, Mexico, Honduras, Guatemala, Belize, Costa Rica, Panama, Colombia and Venezuela. It invests in stocks of companies operating across diversified sectors. The Herzfeld Caribbean Basin Fund Inc. was formed on March 10, 1992 and is domiciled in the United States.

Latest news

25 items

281dSEC
Herzfeld Caribbean Basin Fund Inc. filed SEC Form 8-K: Other Events, Financial Statements and Exhibits
8-K - Herzfeld Credit Income Fund, Inc (0000880406) (Filer)
281dPR
Herzfeld Credit Income Fund, Inc. Announces Board Approval of Change in Dividend Reinvestment Policy
MIAMI BEACH, Fla., July 16, 2025 (GLOBE NEWSWIRE) -- Herzfeld Credit Income Fund, Inc. (NASDAQ:HERZ) (the "Fund") today announced that the Fund's Board of Directors ("Board") approved amendments to the Fund's Dividend Reinvestment Plan (the "Plan"), on May 8, 2025. The changes to the Plan will become effective thirty (30) days from the date that notice is mailed to shareholders of the Fund. The amendments make a number of changes to the Plan to align the terms with more recently adopted dividend reinvestment plans of similar funds in our industry. Such changes include a modification that allows the Fund to issue new shares to Plan participants regardless of whether the Fund's common stock
295dPR
The Herzfeld Caribbean Basin Fund, Inc. Announces Change of Name and NASDAQ Ticker Symbol
MIAMI BEACH, Fla., July 02, 2025 (GLOBE NEWSWIRE) -- The Herzfeld Caribbean Basin Fund, Inc. (NASDAQ:CUBA) (the "Fund") today announced that it has changed the name of the Fund to "Herzfeld Credit Income Fund, Inc." and that effective on or about July 7, the Fund will continue to trade on NASDAQ under the new ticker symbol "HERZ". On June 17, 2025, the Fund's Stockholders approved the Fund's conversion from its prior investment strategy to focus on a "CLO Equity Strategy". Under the new strategy, the Fund's primary investment objective is a total return strategy with a secondary objective of generating high current income for stockholders. In accordance with the investment objective, the
295dINSIDER
Director Gondor Cecilia L acquired $5,802 worth of shares (2,357 units at $2.46), increasing direct ownership by 6% to 44,317 units (SEC Form 4)
4 - HERZFELD CARIBBEAN BASIN FUND INC (0000880406) (Issuer)
295dINSIDER
Director Lieff Ann S acquired $9,247 worth of shares (3,756 units at $2.46), increasing direct ownership by 9% to 43,533 units (SEC Form 4)
4 - HERZFELD CARIBBEAN BASIN FUND INC (0000880406) (Issuer)
295dINSIDER
Portfolio Manager Paylor Ryan M acquired $10,729 worth of shares (4,358 units at $2.46), increasing direct ownership by 9% to 50,502 units (SEC Form 4)
4 - HERZFELD CARIBBEAN BASIN FUND INC (0000880406) (Issuer)
295dINSIDER
Director Herzfeld Brigitta Suzanne acquired $17,255 worth of shares (7,009 units at $2.46), increasing direct ownership by 6% to 131,766 units (SEC Form 4)
4 - HERZFELD CARIBBEAN BASIN FUND INC (0000880406) (Issuer)
295dINSIDER
Director Gelety John A acquired $1,908 worth of shares (775 units at $2.46), increasing direct ownership by 8% to 10,206 units (SEC Form 4)
4 - HERZFELD CARIBBEAN BASIN FUND INC (0000880406) (Issuer)
295dINSIDER
Chairman of the Advisor Herzfeld Thomas J acquired $222,333 worth of shares (90,313 units at $2.46), increasing direct ownership by 6% to 1,664,037 units (SEC Form 4)
4 - HERZFELD CARIBBEAN BASIN FUND INC (0000880406) (Issuer)
295dINSIDER
President Herzfeld Erik Mervin acquired $135,992 worth of shares (55,241 units at $2.46), increasing direct ownership by 9% to 640,171 units (SEC Form 4)
4 - HERZFELD CARIBBEAN BASIN FUND INC (0000880406) (Issuer)
295dINSIDER
Director Tatum Kay W acquired $694 worth of shares (282 units at $2.46), increasing direct ownership by 6% to 5,309 units (SEC Form 4)
4 - HERZFELD CARIBBEAN BASIN FUND INC (0000880406) (Issuer)
297dPR
The Herzfeld Caribbean Basin Fund, Inc. Pays Distribution
MIAMI BEACH, Fla., June 30, 2025 (GLOBE NEWSWIRE) -- The Herzfeld Caribbean Basin Fund, Inc. (NASDAQ:CUBA) (the "Fund") today announced that the Fund has made the following distribution pursuant to the Fund's Managed Distribution Policy (the "Policy"): Declaration DateEx-DateRecord DatePayment DatePer Share05/09/202505/23/202505/23/202506/30/2025$0.2325 The distribution for stockholders has been paid in cash or shares of the Fund's common stock at the election of stockholders. The total amount of cash distributed to all stockholders was limited to 20% of the total distribution to be paid, excluding any cash paid for fractional shares. The remainder of the distribution (approximately 80%) w
309dSEC
Herzfeld Caribbean Basin Fund Inc. filed SEC Form 8-K: Other Events, Financial Statements and Exhibits
8-K - HERZFELD CARIBBEAN BASIN FUND INC (0000880406) (Filer)
309dPR
The Herzfeld Caribbean Basin Fund, Inc. Announces Results of Special Meeting of Stockholders; Approval of Conversion of Fund to CLO Equity Strategy
MIAMI BEACH, FLA., June 18, 2025 (GLOBE NEWSWIRE) -- The Herzfeld Caribbean Basin Fund, Inc. (NASDAQ:CUBA) (the "Fund") today announced that the Fund's Stockholders have approved the Fund's conversion from its current investment strategy to focus on a "CLO Equity Strategy". The approval was voted for at a Special Meeting of Stockholders held on June 17, 2025, with approximately 96% of the votes cast in favor of the changes. With this change, the Fund's primary investment objective will change to a total return strategy with a secondary objective of generating high current income for stockholders. In accordance with the change in investment objective, the Fund will focus on investing in eq
324dSEC
SEC Form DEF 14A filed by Herzfeld Caribbean Basin Fund Inc.
DEF 14A - HERZFELD CARIBBEAN BASIN FUND INC (0000880406) (Filer)
345dSEC
Amendment: SEC Form SCHEDULE 13D/A filed by Herzfeld Caribbean Basin Fund Inc.
SCHEDULE 13D/A - HERZFELD CARIBBEAN BASIN FUND INC (0000880406) (Subject)
349dPR
The Herzfeld Caribbean Basin Fund, Inc. Announces Distribution in Stock and Cash
MIAMI BEACH, Fla., May 09, 2025 (GLOBE NEWSWIRE) -- The Herzfeld Caribbean Basin Fund, Inc. (NASDAQ:CUBA) (the "Fund") today announced that the Fund will pay a distribution pursuant to the Fund's managed distribution policy (the "Policy") using a combination of shares of common stock and cash. Distribution in Stock and Cash: The Fund has announced a distribution to be paid as follows: Declaration DateEx-DateRecord DatePayment DatePer Share05/09/202505/23/202505/23/202506/30/2025$0.2325 The distribution for stockholders will be paid in cash or shares of our common stock at the election of stockholders. The total amount of cash distributed to all stockholders will be limited to 20% of
351dSEC
Herzfeld Caribbean Basin Fund Inc. filed SEC Form 8-K: Other Events, Financial Statements and Exhibits
8-K - HERZFELD CARIBBEAN BASIN FUND INC (0000880406) (Filer)
351dPR
The Herzfeld Caribbean Basin Fund, Inc. Announces Special Meeting of Stockholders to be Held on June 17, 2025
MIAMI BEACH, Fla., May 07, 2025 (GLOBE NEWSWIRE) -- The Herzfeld Caribbean Basin Fund, Inc. (NASDAQ:CUBA) (the "Fund") today announced that the Fund has filed preliminary proxy materials ("Proxy Materials") with the U.S. Securities and Exchange Commission in connection with a special meeting of stockholders to be held on June 17, 2025, for its stockholders to consider and vote on proposals necessary to approve the Fund's conversion from its current investment strategy and redirect the Fund to focus on a "CLO Equity Strategy". With this change, the Fund's primary investment objective will change to a total return strategy with a secondary objective of generating high current income for stoc
351dSEC
SEC Form PRE 14A filed by Herzfeld Caribbean Basin Fund Inc.
PRE 14A - HERZFELD CARIBBEAN BASIN FUND INC (0000880406) (Filer)
379dINSIDER
Chairman of the Advisor Herzfeld Thomas J bought $4,090 worth of shares (1,706 units at $2.40), increasing direct ownership by 0.11% to 1,573,724 units (SEC Form 4)
4 - HERZFELD CARIBBEAN BASIN FUND INC (0000880406) (Issuer)
385dINSIDER
Director Herzfeld Brigitta Suzanne bought $3,426 worth of shares (1,294 units at $2.65), increasing direct ownership by 1% to 124,757 units (SEC Form 4)
4 - HERZFELD CARIBBEAN BASIN FUND INC (0000880406) (Issuer)
385dINSIDER
Chairman of the Advisor Herzfeld Thomas J bought $2,068 worth of shares (781 units at $2.65), increasing direct ownership by 0.05% to 1,572,018 units (SEC Form 4)
4 - HERZFELD CARIBBEAN BASIN FUND INC (0000880406) (Issuer)
387dINSIDER
Chairman of the Advisor Herzfeld Thomas J bought $2,245 worth of shares (864 units at $2.60), increasing direct ownership by 0.06% to 1,571,237 units (SEC Form 4)
4 - HERZFELD CARIBBEAN BASIN FUND INC (0000880406) (Issuer)
387dINSIDER
Director Herzfeld Brigitta Suzanne bought $2,412 worth of shares (929 units at $2.60), increasing direct ownership by 0.76% to 123,463 units (SEC Form 4)
4 - HERZFELD CARIBBEAN BASIN FUND INC (0000880406) (Issuer)