CUBA News and Press, The Herzfeld Caribbean Basin Fund Inc. From 10/24/23

MIAMI BEACH, Fla., Oct. 24, 2023 (GLOBE NEWSWIRE) -- The Herzfeld Caribbean Basin Fund, Inc. (NASDAQ: CUBA) (the “Fund”) announced initial terms of its Non-Transferable Rights Offering (the “Rights Offering”) on August 29, 2023 together with information about the ...

MIAMI BEACH, Fla., Oct. 20, 2023 (GLOBE NEWSWIRE) -- The Herzfeld Caribbean Basin Fund, Inc. (NASDAQ: CUBA) (the “Fund”) announced initial terms of its Non-Transferable Rights Offering on August 29, 2023 together with information about the Fund’s Self-Tender Policy. ...

2023-10-17 07:34:32 ET Summary Closed-end funds are currently trading at historically deep discounts, with the average discount at -9.64% at the end of Q3 2023. Municipal bond funds are experiencing particularly wide discounts, with an average discount of -12.89%. Non-leverage...

MIAMI BEACH, Fla., Aug. 29, 2023 (GLOBE NEWSWIRE) -- Thomas J. Herzfeld Advisors, Inc., an SEC-registered investment advisor, today announced (i) the filing of a registration statement (the “Registration Statement”) with the Securities and Exchange Commission (“SEC”) f...

2023-07-08 03:36:51 ET Summary In June, 92% of all closed-end funds (CEFs) posted net asset value (NAV)-based returns in the black, with average returns of 3.57% for equity CEFs and 1.63% for fixed income CEFs. The Natural Resources CEFs classification topped the equity leaderboar...

2023-03-21 10:23:55 ET Summary Three out of 22 CEF sectors positive on price and 5 out of 22 sectors positive on NAV last week. Delaware/Abrdn mergers are closed. New: adding tables of highest yielding, cheapest and most expensive funds from our screener to the Weekly Roundup....

Summary CUBA provides exposure to companies that benefit from developments in the Caribbeans. The CUBA fund has a history of volatile returns and high expenses. In fiscal 2022, CUBA began paying its unsustainably high distribution through dilutive shares. For a fund trading at a ste...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Inflation is all over the news. Whether it’s business, consumer or political news, we simply cannot escape it, and folks will continue to debate it. The Labor Department recently reported that its Producer Price In...

Herzfeld Caribbean Basin Fund ( NASDAQ: CUBA ) declares $0.1736/share quarterly dividend , in line with previous. Forward yield 17.06% Payable Dec. 30; for shareholders of record Nov. 18; ex-div Nov. 17. See CUBA Dividend Scorecard, Yield Chart, & Dividen...

MIAMI BEACH, Fla., Oct. 12, 2022 (GLOBE NEWSWIRE) -- Thomas J. Herzfeld Advisors, Inc., an SEC-registered investment advisor, today announced the commencement of a Tender Offer by The Herzfeld Caribbean Basin Fund, Inc. (Nasdaq: CUBA) (the “Fund”). Under the terms of the Tende...