The Herzfeld Caribbean Basin Fund Inc.
Price | 15-Aug
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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.
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."
|Peer Group:||Equity Funds - USD|
|Sub-Peer Group:||Latin American Equity|
|Domicile:||United States of America (the)|
|Currency:||United States Dollar|
|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)|