The Herzfeld Caribbean Basin Fund Inc.

Price | 17-Oct

7.20

2017 Return *

▲7.14%

2016 Return *

▲3.54%

2015 Return *

▼-23.77%

2014 Return *

▲17.74%

Currency

USD

* Returns are bid-bid with the reinvestment of distributions (unannualized).

The fund's price is adjusted for the distributions reinvested on the Reinvestment Date.   Distributions are accrued according to the fund's Accrual Frequency.   Price data are forward-filled on weekends, holidays and other no-quote days.   Returns are not load-adjusted. Bid-to-Bid return is used where applicable.   The Growth of $10,000 (y-axis) is shown using a logarithmic scale.



Fund Description

The The Herzfeld Caribbean Basin Fund Inc. is a equity mutual fund domiciled in the United States of America. The fund was launched in 1992 and manages an estimated $52.6 million (USD) in assets (as at 2017-06-30).

According to the fund's prospectus, its 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."



Stewardship

Trustee NA
Manager NA
Administrator NA
Sponsor NA
Advisor NA

Fund Details

Fund Status: Active
Asset Category: Equity
Peer Group: Equity Funds - USD
Sub-Peer Group: Latin American Equity
Benchmark: MSCI138482
Domicile: United States of America (the)
Currency: United States Dollar
NAV Type: Floating
Minimum Investment: None
Minimum Add. Investment: None
Distrib. Frequency: None Specified
Distrib. Accrual Frequency: None Specified
Fractional Units Allowed: No
Share Type: Closed End
Inception Date: March 10, 1992
Assets Under Mgmt: USD $52,603,309.00 (Jun 30, 2017)