News for The Herzfeld Caribbean Basin Fund Inc. (CUBA)

The Herzfeld Caribbean Basin Fund (NASDAQ: CUBA) changes name to Herzfeld Credit Income Fund and ticker symbol to HERZ, effective July 7, 2025. New inve

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”):

Herzfeld Caribbean Basin Fund (NASDAQ: CUBA) has received 96% stockholder approval to convert its investment strategy to a CLO Equity Strategy. The new

MIAMI BEACH, FLA., June 18, 2025 (GLOBE NEWSWIRE) -- The Herzfeld Caribbean Basin Fund, Inc. ( CUBA) (the ”œFund”) today announced that the Fund's Stockhol

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.

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.

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 stockholders. In accordance with the change in investment objective, the Fund will focus on investing in equity and junior debt tranches of collateralized loan obligations, or 'CLOs”. CLOs are portfolios of collateralized loans consisting primarily of below investment grade U.S. senior secured loans with a large number of distinct underlying borrowers across various industry sectors.

We recently published a list of 10 Stocks Insiders Are Buying In March. In this article, we are going to take a look at where The Herzfeld Caribbean Basin Fund Inc.

MIAMI BEACH, Fla., March 04, 2025 (GLOBE NEWSWIRE) -- The Herzfeld Caribbean Basin Fund, Inc. ( CUBA) (the ”œFund”) today announced that the Fund's Board o

The Herzfeld Caribbean Basin Fund Inc. (CUBA) experienced a significant stock price surge, climbing 6.35% to $2.51 per share. Trading volume reached 67,655 shar

MIAMI BEACH, Fla., Jan. 13, 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”):

MIAMI BEACH, Fla., Dec. 20, 2024 (GLOBE NEWSWIRE) -- The Herzfeld Caribbean Basin Fund, Inc. (NASDAQ: CUBA) (the 'Fund”) today announced that the Fund will pay a cash distribution pursuant to the Fund's managed distribution policy (the 'Policy”).

MIAMI BEACH, Fla., Nov. 21, 2024 (GLOBE NEWSWIRE) -- Thomas J. Herzfeld Advisors, Inc., an SEC-registered investment adviser, and The Herzfeld Caribbean Basin Fund, Inc. (Nasdaq: CUBA) (the 'Fund”) today announced the final results of the Fund's cash tender offer to purchase up to 5% of its outstanding common shares at 97.5% of the Fund's net asset value ('NAV”) as of the close of ordinary trading on the NASDAQ Capital Market (the 'NASDAQ”) on November 15, 2024, the expiration date (the 'Tender Offer”).

MIAMI BEACH, Fla., Nov. 21, 2024 (GLOBE NEWSWIRE) -- Thomas J. Herzfeld Advisors, Inc., an SEC-registered investment adviser, and The Herzfeld Caribbean Basin

MIAMI, Nov. 18, 2024 (GLOBE NEWSWIRE) -- Thomas J. Herzfeld Advisors, Inc., an SEC-registered investment adviser, and The Herzfeld Caribbean Basin Fund, Inc. (Nasdaq: CUBA) (the 'Fund”) today announced the preliminary results of the Fund's cash tender offer to purchase up to 5% of its outstanding common shares at 97.5% of the Fund's net asset value ('NAV”) as of the close of ordinary trading on the NASDAQ Capital Market (the 'NASDAQ”) on November 15, 2024, the expiration date (the 'Tender Offer”).

MIAMI, Nov. 18, 2024 (GLOBE NEWSWIRE) -- Thomas J. Herzfeld Advisors, Inc., an SEC-registered investment adviser, and The Herzfeld Caribbean Basin Fund, Inc.

The Herzfeld Caribbean Basin Fund, Inc.  Commences Tender Offer for up to 5% of Outstanding Common Shares

MIAMI BEACH, Fla., Oct. 15, 2024 (GLOBE NEWSWIRE) -- Thomas J. Herzfeld Advisors, Inc., an SEC-registered investment advisor, today announced the...

MIAMI BEACH, Fla., Oct. 03, 2024 (GLOBE NEWSWIRE) -- Thomas J. Herzfeld Advisors, Inc., an SEC-registered investment advisor, today announced its intention to commence a Tender Offer by The Herzfeld Caribbean Basin Fund, Inc. (Nasdaq: CUBA) (the 'Fund”) on October 14, 2024, in accordance with the Fund's ongoing plan to address the Fund's trading price discount to its net asset value ('NAV”) per share that was previously announced on May 31, 2019, and subsequently modified and extended to June 30, 2025 by the Fund's Board of Directors as announced in May 2024 (the 'Plan”).