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Our Philosophy

Herzfeld Advisors deploys a primarily quantitative portfolio strategy to identify quality risk-reward opportunities across the entire universe of closed-end funds.  Performance has historically shown low correlation to the broader equity and fixed-income markets.  The cornerstone of Herzfeld Advisors' investment philosophy focuses on the growth and preservation of capital through the strategic deployment of capital within the closed-end fund universe.

Forecasting macro economic opportunities is a formidable task.  Herzfeld Advisors does not presume to predict the future changes in any asset class.  The investment philosophy is predicated on recognizing and capitalizing on the recurring valuation patterns found in the closed-end fund industry and exploiting them in a systematic manner.  Opportunities are categorized, filtered, and assigned a probability.  It is from these probabilities that investment opportunities are selected.  Among these markets, Herzfeld Advisors takes positions in closed-end funds it believes are best positioned to exhibit favorable shifts in valuation.  This process is accomplished by:

• Active management

• Identification of undervalued assets within the closed-end fund universe

• Active monitoring of developments in U.S. and international markets

• Arbitraging by overlaying short equity positions with long closed-end fund positions leading to optimal risk-reward investments

• The continuing cultivation of a proprietary global network and strong Wall Street relationships

 
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., PO Box 161465, Miami, FL   33116 | Phone: 305-271-1900 | Toll Free: 800-TJH-FUND |