HERZFELD / CUBA

HERZFELD / CUBA, a division of Thomas J. Herzfeld Advisors, Inc. is the investment advisor to The Herzfeld Caribbean Basin Fund, Inc. (NASDAQ Capital Market, CUBA). 

THE HERZFELD
CARIBBEAN BASIN
FUND, INC.

Date
April 23, 2014

Net Asset Value
(unaudited) 
$8.89

Closing Price
$8.12

The December 31, 2013 Semi-Annual Report is now available (pdf format)

The Herzfeld Caribbean Basin Fund, Inc. Declares $1.14 Per Share Year-End Distribution Payable in Stock

CURRENT QUOTE | 1 YEAR CHART | SEC FILINGS | INSIDER HOLDINGS | OBJECTIVE | DIRECTORS | FINANCIAL REPORTS

 

INVESTMENT OBJECTIVE

The Herzfeld Caribbean Basin Fund's investment objective is long-term capital appreciation.  To achieve its objective, the Fund invests in issuers that are likely, in the Advisor's view, 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.  The fund invests at least 80% of its total assets in a broad range of securities of issuers including U.S.-based companies that engage in substantial trade with, and derive substantial revenue from, operations in the Caribbean Basin Countries.

DIRECTORS

Directors of The Herzfeld Caribbean Basin Fund, Inc.

Meet the Board: (from left to right) Thomas J. Herzfeld, Ann Lieff, Michael Rubin, Esq., Kay Tatum Ph.D.,CPA and John A. Gelety, Esq.

Thomas J. Herzfeld has served as Chairman of the Board since inception of The Herzfeld Caribbean Basin Fund, Inc. in 1993. In addition, he is the Chairman and President of Thomas J. Herzfeld Advisors, Inc., the Fund's investment advisor. Thomas entered the securities industry in 1968, was founder of a New York Stock Exchange member firm in 1970 and was the Chairman and President of FINRA member firm Thomas J. Herzfeld & Co., Inc., formed in 1981.

Ann Lieff joined the board in 1998. Ann is President of Lieff Company, a management consulting firm that offers ongoing advisory services as a corporate director to several retail operations. Previously she served as CEO of Spec’s Music for 18 years, from 1980-1998; Specs was one of the largest music retail chain stores in the SE region for many decades.

Michael Rubin, Esq., joined the board in 2002. Michael is a Partner in  the law firm of Michael A. Rubin, PA., and is Real Estate Broker at  Oaks Management & Real Estate Corp., Miami, Florida.

Kay Tatum, Ph.D., CPA, joined the board in 2007. Kay is an Associate Professor of Accounting at the University of Miami School of Business Administration, where she has been since 1986.  She also served as Chair of the Department of Accounting from 2004-2008.

John A. Gelety, Esq. joined the Board in 2011. John is a practicing attorney  who specializes in business law, with a concentration on domestic and cross-border mergers & acquisitions, private equity and commercial transactions.

FINANCIAL REPORTS

The Herzfeld Caribbean Basin Fund, Inc. publishes financial reports twice a year.  Click below to view the latest annual or semi-annual report and/or press releases.

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Press Releases

November 14, 2013: The Herzfeld Caribbean Basin Fund, Inc. Declares $1.14 Per Share Year-End Distribution Payable in Stock
December 4, 2012
: "Herzfeld Caribbean Basin Fund Changes 2012 Year-End Distribution Payable Date,
Announces New All-Time High for Net Asset Value"

November 15, 2012
: "The Herzfeld Caribbean Basin Fund, Inc. Declares $0.196 Per Share Year-End Distribution"
November 11, 2011:
"The Herzfeld Caribbean Basin Fund, Inc. Declares $0.0634 Per Share Year-End Distribution"

August 10, 2010: "The Herzfeld Caribbean Basin Fund, Inc. Appoints New Independent Director"
July 1, 2010: "The Herzfeld Caribbean Basin Fund, Inc. Appoints New Independent Director"
May 25, 2010: "The Herzfeld Caribbean Basin Fund, Inc. Announces Changes to Board of Directors"
November 12, 2008: "The Herzfeld Caribbean Basin Fund, Inc. Declares $0.211 Per Share Year-End Distribution and Appoints Erik Herzfeld as Co-Portfolio Manager"
February 11, 2008: "The Herzfeld Caribbean Basin Fund, Inc. Announces Reinvestment Price and Revised Breakdown of the Source of its $1.28 per share 2007 Year-End Distribution"
November 26, 2007: "The Herzfeld Caribbean Basin Fund, Inc. Declares $1.28 Per Share Year-End Distribution"
November 1, 2007: "The Herzfeld Caribbean Basin Fund, Inc. Announces the Final Results of its Non-Transferable Rights Offering"
October 29, 2007: "The Herzfeld Caribbean Basin Fund, Inc. Announces Preliminary Results of its Rights Offering"
September 20, 2007: "The Herzfeld Caribbean Basin Fund, Inc. Revises Expiration Date for its Non-Transferable Rights Offering"
September 14, 2007: "The Herzfeld Caribbean Basin Fund, Inc. Announces Important Dates for its Non-Transferable Rights Offering"
August 7, 2007: "The Herzfeld Caribbean Basin Fund, Inc. Appoints New Independent Director"
July 24, 2007: "The Herzfeld Caribbean Basin Fund, Inc. Announces Planned Non-Transferable Rights Offering"
November 16, 2006: "The Herzfeld Caribbean Basin Fund, Inc. Declares $1.00 Per Share Year-End Distribution and
Establishes Dividend Reinvestment Plan"
November 16, 2005: "The Herzfeld Caribbean Basin Fund, Inc. Declares Year-End Distribution"
November 20, 2002: "The Herzfeld Caribbean Basin Fund, Inc. Declares Year-End Distribution"
December 05, 2001: "The Herzfeld Caribbean Basin Fund, Inc. Declares Year-End Distribution"
February 17, 1999:  "The Herzfeld Caribbean Basin Fund Ranked Number One"
December 15, 1998: "The Herzfeld Caribbean Basin Fund Declares Year-End Distribution"

Annual Reports
Annual Report 6/30/13
Annual Report 6/30/12
Annual Report 6/30/11
Annual Report 6/30/10
Annual Report 6/30/09
Annual Report 6/30/08
Annual Report 6/30/07
Annual Report 6/30/06
Annual Report 6/30/05
Annual Report 6/30/04
Annual Report 6/30/03
Annual Report 6/30/02
Annual Report 6/30/01
Annual Report 6/30/00

Semi-Annual Reports

Semi-Annual Report 12/31/13
Semi-Annual Report 12/31/12
Semi-Annual Report 12/31/11
Semi-Annual Report 12/31/10
Semi-Annual Report 12/31/09
Semi-Annual Report 12/31/08
Semi-Annual Report 12/31/07
Semi-Annual Report 12/31/06
Semi-Annual Report 12/31/05
Semi-Annual Report 12/31/04
Semi-Annual Report 12/31/03
Semi-Annual Report 12/31/02
Semi-Annual Report 12/31/01
Semi-Annual Report 12/31/00

Proxy Statements

Proxy Statement for Annual Meeting of Shareholders November 13, 2013
Proxy Statement for Annual Meeting of Shareholders November 14, 2012
Proxy Statement for Annual Meeting of Shareholders November 10, 2011
Proxy Statement for Annual Meeting of Shareholders November 16, 2010
Proxy Statement for Annual Meeting of Shareholders November 12, 2009
Proxy Statement for Annual Meeting of Shareholders November 11, 2008
Proxy Statement for Annual Meeting of Shareholders November 14, 2007

Other Documents

Rule 19a-1 Notice (2011 Distribution)
Nominating and Governance Committee Charter
Audit Committee Charter
 


Nothing on this page or web site should be considered a buy, sell or hold recommendation.  Investing in securities of non-U.S. issuers involves certain risks and considerations not typically associated with investing in securities of U.S. issuers.   These risks include currency fluctuations, political and economic risks, including nationalization and expropriation, reduced levels of publicly available information concerning issuers and reduced levels of government regulation of foreign securities markets.  Also, investment in the Caribbean Basin Countries may involve special considerations, such as limited liquidity and small market capitalization of the Caribbean Basin securities markets, currency devaluations, high inflation and repatriation restrictions.


Thomas J. Herzfeld Advisors, Inc. maintains this web site as a convenience for its clients, the stockholders of The Herzfeld Caribbean Basin Fund, Inc. and other interested investors for information purposes only.  The information on this web site is not intended to address any individual's particular circumstances.   This web site should not be considered an offer to buy or sell securities.  While we have made every effort to provide current, accurate information, it may, however, contain errors, and we make no representation or warranty, express or implied, as to the timeliness, accuracy or completeness of any information when it is received.  Thomas J. Herzfeld Advisors, Inc. and its affiliates bear no responsibility for the content of any other web site that may be linked to this web site.

Thomas J. Herzfeld Advisors, Inc., 119 Washington Avenue, Suite 504, Miami Beach, FL   33139
Phone: 305-271-1900 | Toll Free: 800-TJH-FUND |