The Herzfeld Caribbean Basin Fund (NASDAQ: CUBA)
Caribbean Basin Fund, Inc.
Apr. 9, 2021
Net Asset Value
2021 Fund Announcements:
2020 Fund Announcements:
2019 Fund Announcements:
2018 Fund Announcements:
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'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.
Meet the Board
Board of Directors: (from left to right) John A. Gelety, Esq., Cecilia Gondor, Ann Lieff, Kay Tatum Ph.D.,CPA and Thomas J. Herzfeld.
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.
Cecilia Gondor, joined the Board in 2014. Cecilia served as Secretary/Treasurer of The Herzfeld Caribbean Basin Fund, Inc. from the Fund’s inception until her retirement in May 2014. She also served as Executive Vice President of Thomas J. Herzfeld Advisors, Inc. from 1984 through May 2014. During her years at the firm, her research analysis garnered her the reputation as being one of the most knowledgeable analysts in the industry. Additionally, she was the Executive Vice President of Thomas J. Herzfeld & Co., Inc., a broker-dealer, from 1984 through 2010.
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.
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.
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 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.
American Stock Transfer & Trust Company, LLC (AST) is Herzfeld Caribbean Basin Fund, Inc.’s transfer agent, dividend disbursing agent and dividend reinvestment administrator. AST's automated telephone support services are available 24 hours per day, seven days per week. AST's staff also is available by mail or on the Internet.
AST may be contacted as follows:
Attention: Herzfeld Caribbean Basin Fund, Inc.
6201 15th Avenue
Brooklyn, NY 11219
An AST shareholder services representative can be reached at (877) 283-0317 between the hours of 8 a.m. and 8 p.m. Eastern Time, Monday through Friday. An Interactive Voice Response System is available 24 hours a day, seven days a week.
Shareholders can access information on AST's website at https://www.astfinancial.com/
Shareholders can email inquiries to email@example.com
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.