TJH has a 50-year history of making significant contributions to the closed-end fund (CEF) industry
*Past performance not indicative of future results.
1968 1979 1984 1986 1991 1994 1999 2014 2017 2019
Thomas J. Herzfeld Advisors, Inc. (TJH) is formally established and begins publishing the industry’s first monthly research report on CEFs, subscribed to by global investors, major financials institutions and governmental agencies
Tom Herzfeld begins specializing in CEFs
Nobel Laureate Richard Thaler publishes his seminal paper using TJH research on CEFs, which later laid the foundation for his thesis on irrational behavior earning him the Nobel Prize in Economics
The Firm claims compliance with the Global Investment Performance Standards (GIPS ®) with indepedent verification
Pension & Investments names TJH #1 Top Fixed Income Manager of the Year*
TJH celebrates 35 years in business
The industry's first ever textbook on CEF trading and investing is written by Tom Herzfeld The Investor's Guide to Closed-End Funds: The Herzfeld Hedge (McGraw Hill) followed by five other published books
First of a five-series CEF encyclopedia written by Tom Herzfeld is published
TJH creates the industry benchmark for Barron’s (The Herzfeld Closed-End Average), which has been posted by Barron's
weekly 3+ decades
The Herzfeld Caribbean Basin Fund, Inc. (NASDAQ: CUBA) publicly lists
Female majority independent board of directors (75%) established for the Caribbean Basin Fund