Q1 2025 · 13F-HR
Thomas J. Herzfeld Advisors, Inc.holdings as filed
Filed 2025-05-14 · accession 0001398344-25-009442
$294.0M
Reported value
128
Positions
2025-03-31
Period end
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 69346N107 | PDX | PIMCO Dynamic Income Strategy Fund | $40.3M | 13.7% | 1,641,558 | Common | SOLE |
| 30290Y101 | FSCO | FS Credit Opportunities Corp | $22.2M | 7.54% | 3,144,864 | Common | SOLE |
| 42804T106 | — | The Herzfeld Caribbean Basin Fund Inc | $16.1M | 5.49% | 6,043,689 | Common | SOLE |
| 880198205 | SABA | Saba Capital Income & Opport | $14.8M | 5.03% | 1,701,210 | Common | SOLE |
| 43010E404 | HFRO | Highland Floating Rate Opportunities Fund | $13.9M | 4.74% | 2,677,303 | Common | SOLE |
| 67072T108 | JFR | Nuveen Floating Rate Income | $9.9M | 3.38% | 1,172,900 | Common | SOLE |
| 74348T102 | PSEC | Prospect Capital Corporation | $9.5M | 3.23% | 2,315,582 | Common | SOLE |
| 112830104 | RA | Brookfield Real Assets Incom | $8.8M | 2.98% | 666,668 | Common | SOLE |
| 86887Q109 | SSSS | Suro Capital Corp | $8.5M | 2.90% | 1,714,062 | Common | SOLE |
| 67080R102 | NPFD | Nuveen Vriabl Rat Pfd & Inm | $7.7M | 2.62% | 410,089 | Common | SOLE |
| 98400T106 | — | XAI Octagn Flt Rat & Alt Inm | $7.4M | 2.53% | 1,258,025 | Common | SOLE |
| 72203T100 | PAXS | PIMCO Access Income Fund | $6.1M | 2.08% | 380,600 | Common | SOLE |
| 338478100 | XFFCX | Flaherty & Crumrine Pfd Secs | $5.7M | 1.93% | 355,738 | Common | SOLE |
| 25065A502 | DMA | Destra Multi-Alternative Fd | $5.2M | 1.76% | 611,015 | Common | SOLE |
| 89147L886 | TYG | Tortoise Energy Infra Corp | $4.6M | 1.55% | 105,767 | Common | SOLE |
| 83617A108 | SPMC | Sound Point Meridian Cap Inc. | $4.5M | 1.53% | 225,137 | Common | SOLE |
| 18469P209 | EMO | Clearbridge Energy Midstrm O | $4.5M | 1.52% | 89,770 | Common | SOLE |
| 486606106 | KYN | Kayne Anderson Energy Infrst | $4.3M | 1.47% | 337,162 | Common | SOLE |
| 64133Q108 | NBXG | Neuberger Brman Next Genera | $4.3M | 1.45% | 348,571 | Common | SOLE |
| 67075F105 | XDIAX | Nuveen Dow 30 Dynamic Overwrite Fund | $4.1M | 1.41% | 285,536 | Common | SOLE |
| 76883Y107 | RFMZ | Rivernorth Flexible Mun Income Fund II, Inc. | $4.1M | 1.38% | 302,810 | Common | SOLE |
| 19248C105 | LDP | Cohen & Steers Limited Duration Preferred and Income Fund, Inc. | $3.8M | 1.29% | 186,043 | Common | SOLE |
| 09260K101 | BSTZ | BlackRock Science and Technology Trust II | $3.6M | 1.22% | 202,849 | Common | SOLE |
| 576323109 | MTZ | MasTec Inc | $3.5M | 1.19% | 29,872 | Common | SOLE |
| 65339F101 | NEE | NextEra Energy Inc | $3.3M | 1.13% | 46,697 | Common | SOLE |
| 885213108 | TBLD | Thornburg Incm Builder Opp Tr | $3.3M | 1.12% | 183,561 | Common | SOLE |
| 155123102 | CET | Central Securities Corp | $3.2M | 1.08% | 70,484 | Common | SOLE |
| 552738106 | MFM | MFS Municipal Income Trust | $3.1M | 1.06% | 587,872 | Common | SOLE |
| 27901F109 | XTEAX | Ecofin Sustainable and Social Impact Term Fund | $3.1M | 1.04% | 268,982 | Common | SOLE |
| 30151E806 | CEFS | Exchange Listed FDS Tr | $2.9M | 0.99% | 135,966 | Common | SOLE |
| 72201J104 | PFN | PIMCO Income Strategy FdII | $2.7M | 0.93% | 362,833 | Common | SOLE |
| 69355J104 | SDHY | PGIM Short Dur Hig yld Opp F | $2.7M | 0.92% | 164,585 | Common | SOLE |
| 670699107 | QQQX | Nuveen NASDAQ 100 Dynamic Overwrite Fund | $2.6M | 0.90% | 111,162 | Common | SOLE |
| 82889N855 | PFIX | Simplify Exchange Traded Fun | $2.5M | 0.85% | 51,764 | Common | SOLE |
| 09254L107 | MUC | BlackRock Munihldngs Cali QL | $2.5M | 0.85% | 233,897 | Common | SOLE |
| 874036106 | TWN | The Taiwan Fund Inc | $2.5M | 0.84% | 74,104 | Common | SOLE |
| 67071B108 | JRS | Nuveen Real Estate Income Fund | $2.4M | 0.81% | 289,043 | Common | SOLE |
| V7780T103 | RCL | Royal Caribbean Group | $2.0M | 0.68% | 9,666 | Common | SOLE |
| G66721104 | NCLH | Norwegian Cruise Line Holdings Ltd | $1.8M | 0.61% | 94,207 | Common | SOLE |
| 67103X102 | OFG | OFG Bancorp | $1.7M | 0.59% | 43,454 | Common | SOLE |
| 670735109 | JLS | Nuveen Mortgage and Income Fund | $1.7M | 0.59% | 92,014 | Common | SOLE |
| 733174700 | BPOP | Popular Inc | $1.7M | 0.58% | 18,598 | Common | SOLE |
| 318672706 | FBP | First BanCorp/Puerto Rico | $1.7M | 0.58% | 88,690 | Common | SOLE |
| 95790B109 | DMO | Western Asset Mortgage Opp Fund Inc. | $1.7M | 0.57% | 140,994 | Common | SOLE |
| 67066V101 | NAD | Nuveen Quality Municipal Income Fund | $1.5M | 0.50% | 127,072 | Common | SOLE |
| 72369H106 | XPHTX | Pioneer High Income Fund Inc. | $1.4M | 0.47% | 178,792 | Common | SOLE |
| 006212104 | ADX | Adams Diversified Equity Fund Inc | $1.4M | 0.46% | 71,378 | Common | SOLE |
| 72200M108 | XPCKX | PIMCO Calif Mun Income Fd II | $1.3M | 0.43% | 223,924 | Common | SOLE |
| 69355M107 | PDO | PIMCO Dynamic Income Oprnts | $1.2M | 0.42% | 89,425 | Common | SOLE |
| 59318E102 | CMU | MFS High Yield Municipal Trust | $1.2M | 0.42% | 353,305 | Common | SOLE |
| 929160109 | VMC | Vulcan Materials Co | $1.2M | 0.40% | 5,019 | Common | SOLE |
| 56064K100 | MMD | NYLI MacKay Defined Term Muni | $1.1M | 0.37% | 71,859 | Common | SOLE |
| 74347G416 | — | ProShares UltraShort S&P50 | $1.0M | 0.35% | 48,007 | Common | SOLE |
| 143658300 | CCL1EUR | Carnival Corp | $1.0M | 0.35% | 52,657 | Common | SOLE |
| 74347G275 | — | Proshares Tr | $1.0M | 0.35% | 86,805 | Common | SOLE |
| 26923N686 | SKRE | ETF Opportunities Trust | $1.0M | 0.34% | 70,133 | Common | SOLE |
| 74349Y837 | PSQ | Proshares Tr | $999,742 | 0.34% | 24,606 | Common | SOLE |
| 59318B108 | CXH | MFS Investment Grade Municipal Trust | $954,685 | 0.32% | 120,541 | Common | SOLE |
| 573284106 | MLM | Martin Marietta Materials Inc | $879,759 | 0.30% | 1,840 | Common | SOLE |
| 670663103 | NMCO | Nuveen Municipal Credit Opp Fund | $830,031 | 0.28% | 77,573 | Common | SOLE |
| 09253T101 | XMVTX | BlackRock MuniIvest FD II Inc. | $772,339 | 0.26% | 73,069 | Common | SOLE |
| P31076105 | CPA | Copa Holdings SA | $762,795 | 0.26% | 8,250 | Common | SOLE |
| 00768Y412 | HDGE | Advisorshares Tr | $749,563 | 0.25% | 42,063 | Common | SOLE |
| 09662E109 | DSM | BNY Mellon Strategic Mun Bd | $736,967 | 0.25% | 127,724 | Common | SOLE |
| 21924B302 | CLM | Cornerstone Strategic Value Fund Inc | $660,470 | 0.22% | 88,892 | Common | SOLE |
| 723760104 | XMIOX | Pioneer Mun High Income Oppo | $620,119 | 0.21% | 52,597 | Common | SOLE |
| P73684113 | OSW | OneSpaWorld Holdings Limited | $587,650 | 0.20% | 35,000 | Common | SOLE |
| 46131M106 | VGM | Invesco Tr Invt Grade Muns | $477,731 | 0.16% | 47,965 | Common | SOLE |
| 05588W108 | LEO | BNY Mellon Strategic Muns In | $436,295 | 0.15% | 71,290 | Common | SOLE |
| 78463V107 | GLD | SPDR Gold Tr | $402,820 | 0.14% | 1,398 | Common | SOLE |
| 723762100 | XPMAX | Pioneer Municipal High Income Advantage Trust | $367,667 | 0.13% | 44,032 | Common | SOLE |
| G3156P103 | ASA | ASA Gold and Precious Metals Ltd | $364,332 | 0.12% | 12,088 | Common | SOLE |
| 27827Y109 | XENWX | Eaton Vance New York Mun Bd | $350,836 | 0.12% | 36,969 | Common | SOLE |
| 59318D104 | CXE | MFS High Income Mun Tr | $346,414 | 0.12% | 93,879 | Common | SOLE |
| 24610T108 | VFL | Delaware Invts Natl Mun Inco | $317,595 | 0.11% | 31,321 | Common | SOLE |
| 46434V860 | TFLO | iShares Tr | $226,400 | 0.08% | 4,469 | Common | SOLE |
| 78462F103 | SPY | SPDR S&P 500 ETF Tr | $218,162 | 0.07% | 390 | Common | SOLE |
| 56064Q107 | MEGI | NYLI CBRE Gbl Infr Megtrnds | $186,460 | 0.06% | 14,009 | Common | SOLE |
| G23773107 | CWCO | Consolidated Water Co Ltd | $149,193 | 0.05% | 6,092 | Common | SOLE |
| 46090E103 | QQQ | Invesco QQQ Tr | $126,608 | 0.04% | 270 | Common | SOLE |
| 19842X109 | STK | Columbia Seligman Premium Technology Growth Fund | $96,587 | 0.03% | 3,452 | Common | SOLE |
| 64110L106 | NFLX | Netflix, Inc. | $93,253 | 0.03% | 100 | Common | SOLE |
| 78467Y107 | MDY | SPDR S&P MidCap 400 ETF Tr | $80,022 | 0.03% | 150 | Common | SOLE |
| 30303M102 | META | Meta Platforms Inc | $57,636 | 0.02% | 100 | Common | SOLE |
| 46138W107 | FXY | Investco CurrencyShares Japan | $36,900 | 0.01% | 600 | Common | SOLE |
| 33848E106 | PFO | Flaherty & Crumrine Pfd Inco | $26,415 | 0.01% | 2,865 | Common | SOLE |
| 33718W103 | FPF | First Tr Inter Dur Pfd & In | $18,629 | 0.01% | 1,013 | Common | SOLE |
| 61745C105 | IIF | Morgan Stanley India Investment Fund Inc | $17,219 | 0.01% | 706 | Common | SOLE |
| 644465106 | GF | The New Germany Fund Inc | $16,829 | 0.01% | 1,715 | Common | SOLE |
| 87261Y106 | TMC | TMC The Metals Company Inc | $15,409 | 0.01% | 8,959 | Common | SOLE |
| 00302M106 | XAGDX | Aberdeen Global Dynamic Dividend Fund | $14,811 | 0.01% | 1,487 | Common | SOLE |
| 47109U104 | JOF | Japan Smaller Capitalization Fund Inc | $13,995 | 0.00% | 1,668 | Common | SOLE |
| 298768102 | EEA | The European Equity Fund Inc | $11,767 | 0.00% | 1,293 | Common | SOLE |
| 88018T101 | TDF | Templeton Dragon Fd Inc. | $11,456 | 0.00% | 1,181 | Common | SOLE |
| 00302L108 | XAWPX | Aberdeen Global Premier Properties Fund | $10,845 | 0.00% | 2,795 | Common | SOLE |
| 169373107 | XXCHNXX | China Fd Inc | $10,696 | 0.00% | 833 | Common | SOLE |
| 74347W130 | SVXY | ProShares Short VIX Short-Term Futures ETF | $10,067 | 0.00% | 220 | Common | SOLE |
| 64107A113 | NPWR/WS | Net Power Inc. | $9,995 | 0.00% | 32,771 | Common | SOLE |
| 872340104 | TSI | TCW Strategic Income Fund Inc | $9,720 | 0.00% | 2,000 | Common | SOLE |
| 592834105 | MXE | Mexico Equity & Income Fd | $9,688 | 0.00% | 1,111 | Common | SOLE |
| 00306J109 | XJEQX | Aberdeen Japan Equity Fund Inc | $9,615 | 0.00% | 1,479 | Common | SOLE |
| 00326W106 | ASGI | Aberdeen Std Global Infrastructure | $9,489 | 0.00% | 516 | Common | SOLE |
| 592835102 | MXF | The Mexico Fund, Inc. | $9,477 | 0.00% | 666 | Common | SOLE |
| 269808101 | ECC | Eagle Pt Cr Co LLC | $9,310 | 0.00% | 1,149 | Common | SOLE |
| 00326L100 | XAODX | Aberdeen Total Dynamic Dividend Fund | $9,179 | 0.00% | 1,094 | Common | SOLE |
| 86164T107 | EDF | Virtus Stone HBR Emrg Mkts I | $8,855 | 0.00% | 1,750 | Common | SOLE |
| 612160119 | AIRJW | Montana Technologies Corp | $8,648 | 0.00% | 15,307 | Common | SOLE |
| 74623V111 | PCTTW | Purecycle Technologies Inc | $8,458 | 0.00% | 5,457 | Common | SOLE |
| 09262F100 | ECAT | BlackRock ESG Cap Allc Tr | $7,459 | 0.00% | 473 | Common | SOLE |
| 617477104 | EDD | Morgan Stanley Emerging Mkts | $7,111 | 0.00% | 1,513 | Common | SOLE |
| 500634209 | KF | The Korea Fund Inc | $6,906 | 0.00% | 346 | Common | SOLE |
| 00301W105 | AEF | Aberdeen Emerging Markets Equity Inc. | $6,284 | 0.00% | 1,267 | Common | SOLE |
| 101507101 | STEW | SRH Total Return Fund Inc | $6,231 | 0.00% | 361 | Common | SOLE |
| 09260U109 | BCAT | BlackRock Cap Allocation Tr | $6,192 | 0.00% | 430 | Common | SOLE |
| 092524107 | XBGYX | BlackRock Enhanced International Dividend Trust | $6,171 | 0.00% | 1,100 | Common | SOLE |
| 368802104 | GAM | General American Investors Co Inc | $5,641 | 0.00% | 112 | Common | SOLE |
| 09260Q108 | BTX | BlackRock Tech and Private Eq | $5,640 | 0.00% | 901 | Common | SOLE |
| 09251A104 | BDJ | BlackRock Enhanced Equity Dividend Trust | $5,587 | 0.00% | 650 | Common | SOLE |
| 36242H104 | XGDVX | The Gabelli Dividend & Income Trust | $5,525 | 0.00% | 229 | Common | SOLE |
| 362397101 | GAB | Gabelli Equity Trust Inc | $5,478 | 0.00% | 994 | Common | SOLE |
| 895436103 | TY | Tri-Continental Corp | $5,323 | 0.00% | 174 | Common | SOLE |
| 67090X107 | JCE | Nuveen Core Equity Alpha Fund | $5,287 | 0.00% | 362 | Common | SOLE |
| 780910105 | RVT | Royce Value Trust Inc | $5,241 | 0.00% | 368 | Common | SOLE |
| 530158104 | USA | Liberty All Star Equity Fund | $5,135 | 0.00% | 784 | Common | SOLE |
| 529900102 | ASG | Liberty All Star Growth Fund Inc | $5,057 | 0.00% | 1,034 | Common | SOLE |
| 92835W107 | ZTR | Virtus Total Return Fund Inc. | $3,938 | 0.00% | 660 | Common | SOLE |
| 22160N109 | CSGP | Costar Group Inc | $1,981 | 0.00% | 25 | Common | SOLE |
| 65340G205 | NXDT | Nexpoint Diversified Rel Et | $1,367 | 0.00% | 357 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.