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VOL. XII · NO. 117Established MMXIV · George Town, Grand CaymanAtlantic Edition · $4.50

The Cayman Journal

Finance · Business · Technology · Caribbean & Global Affairs
13F HOLDINGS REPORT

Thomas J. Herzfeld Advisors, Inc.

Quarter ended Q1 2023 · Filed February 14, 2023 · Accession 0001398344-23-003265

Total Value
$244.0M
Positions
317
Other Managers
0
Confidential Omitted
No
View on SEC.gov

Holdings (317)

#IssuerTicker / CUSIPSharesValue% of Filing
1Highland Floating Rate Opportunities FundHFRO-PB2,460,982$25.3M10.39%
2Saba Capital Income & Opportunities Fund78518H2021,945,655$14.8M6.07%
3Nexpoint Diversified Rel Et65340G2051,212,410$13.6M5.57%
4Oxford Lane Cap CorpOXLCZ2,643,918$13.4M5.49%
5PIMCO Enrgy Tactical Cr OppPDX783,798$11.7M4.80%
6ProShares TR74347R131485,859$9.2M3.78%
7Cornerstone Strategic Value Fund IncCLM1,098,687$8.1M3.32%
8Wisdomtree TrWT154,252$7.8M3.18%
9Tortoise Energy Independence89148K200191,004$5.6M2.28%
10Boulder Growth & Income Fund IncSTEW421,703$5.4M2.19%
11Vertical Capital Income FundCCID510,499$4.4M1.82%
12Clearbridge MLP And Midstrm184692200130,039$4.3M1.78%
13Adams Natural Resources Fund Inc00548F105189,944$4.1M1.70%
14Apollo Tactical Income Fund Inc037638103328,093$4.0M1.63%
15Cornerstone Total Rtrn Fd In21924U300540,105$3.8M1.57%
16BlackRock Cap Allocation TrBLK270,013$3.7M1.53%
17Nuveen Short Duration Cr OppNU293,059$3.5M1.42%
18Central Securities Corp155123102100,088$3.3M1.37%
19BlackRock ESG Cap Allc TrBLK246,898$3.3M1.36%
20Aberdeen Asia Pacific IncomeABAKF1,189,202$3.1M1.28%
21Nuveen Mortgage and Income FundNU178,022$2.9M1.18%
22Western Asset Mortgage Opp Fund Inc.95790B109257,171$2.8M1.13%
23New Fortress Energy IncNFE63,602$2.7M1.11%
24The Gabelli Dividend & Income Trust36242H104126,903$2.6M1.07%
25Neuberger Brman Next GeneraNBXG282,582$2.6M1.05%
26Nuveen Real Asset Income and Growth Fund67074Y105218,290$2.6M1.05%
27MasTec IncMTZ29,868$2.5M1.04%
28BlackRock Innovation and GrwBLK373,379$2.5M1.04%
29Nuveen Mutli Asset Income Fund670750108220,296$2.5M1.04%
30Clearbridge MLP and Midstrm18469Q20789,260$2.5M1.03%
31Tortoise Pwr & Energy Infras89147X104195,206$2.5M1.02%
32Aberdeen Std Global Infrastructure00326W106146,169$2.5M1.02%
33BlackRock Science and Technology Trust IIBLK159,003$2.5M1.02%
34PIMCO Global StocksPLS Inc.722011103357,401$2.5M1.01%
35General American Investors Co Inc36880210468,440$2.5M1.01%
36The Gabelli Healthcare & Wellness Trust36246K103238,456$2.5M1.00%
37Thornburg Incm Builder Opp Tr885213108159,202$2.3M0.93%
38Clearbridge Energy Midstrm O18469P20979,376$2.3M0.93%
39Sutter Rock Cap CorpSSSSL545,926$2.1M0.85%
40First BanCorp/Puerto Rico318672706160,604$2.0M0.84%
41Cohen & Steers Limited Duration Preferred and Income Fund, Inc.19248C105105,729$2.0M0.82%
42Angel Oak Final Strategies Incm Trm Trst03464A100154,503$2.0M0.81%
43The Herzfeld Caribbean Basin Fund IncHERZ504,037$1.9M0.76%
44Popular IncBPOPM25,899$1.7M0.70%
45NextEra Energy IncNEE-PW20,025$1.7M0.69%
46Barings Global Short Duration High Yield FundBGH130,671$1.7M0.68%
47Aersale CorporationASLE99,206$1.6M0.66%
48Cushing MLP & InfrastructSRV45,963$1.5M0.63%
49Norwegian Cruise Line Holdings LtdNCLH116,578$1.4M0.58%
50Goldman Sachs MLP Energy RenNVGLF110,522$1.4M0.58%
51Royal Caribbean Cruises LtdV7780T10327,926$1.4M0.57%
52Martin Marietta Materials Inc5732841064,000$1.4M0.55%
53Copa Holdings SACPA15,250$1.3M0.52%
54PGT Innovations Inc69336V10170,117$1.3M0.52%
55Grupo Aeroportuario del Sureste SAB de CV40051E2025,175$1.2M0.49%
56Lennar CorpLEN-B12,500$1.1M0.46%
57Fomento Economico Mexicano SAB de CV34441910613,110$1.0M0.42%
58SPDR Ser Tr78468R66310,919$998,7610.41%
59iShares U.S. Medical Devices ETF46428881017,875$939,6890.39%
60Marriott Vacations Worldwide CorpVAC6,745$907,8100.37%
61Vulcan Materials Co9291601095,000$875,5500.36%
62First Trust Aberdeen Global Opportunity Income Fund337319107133,191$799,1460.33%
63Cemex SAB de CVCXMSF155,645$630,3620.26%
64Ishares Tr 13 Yr4642874577,481$607,2330.25%
65EVERTEC IncEVTC16,956$549,0350.22%
66Destra Multi-Alternative Fd25065A50277,111$526,6680.22%
67Seaboard CorpSE137$517,2040.21%
68Playa Hotels & Resorts NvN7054410678,605$513,2910.21%
69Empire State Realty Trust Inc29210410673,894$498,0460.20%
70LivaNova PLCLIVN8,330$462,6480.19%
71iShares Nasdaq Biotechnology ETF4642875562,850$374,1770.15%
72PIMCO Enhanced Short Maturity Active Exchange-Traded Fund72201R8333,587$353,8580.15%
73Merck & Co IncMRK2,830$313,9890.13%
74Exchange Listed FDS Tr30151E80615,778$272,2700.11%
75Investco CurrencyShares Japan46138W1073,680$261,6480.11%
76Center Coast Brkfld MLP Enrg15146120914,089$244,4440.10%
77Eli Lilly & CoLLY663$242,5520.10%
78SPDR Gold TrGLD1,398$237,1570.10%
79Western Asset/Claymore Inflation-Linked Securities & Income Fund95766Q10626,716$230,0270.09%
80America Movil SAB de CVAMXOF10,998$200,1640.08%
81Amgen IncAMGN700$183,8480.08%
82SPDR S&P 500 ETF TrSPY390$149,1480.06%
83Sprott Physical Gold and Silver TrustSII8,000$143,4400.06%
84NXG NextGen Intrastruacture Inc Fund2316472073,655$139,8770.06%
85Columbia Seligman Premium Technology Growth Fund19842X1095,332$123,8620.05%
86Goldman Sachs ETF TRNVGLF4,302$123,8120.05%
87Bristol-Myers Squibb CoCELG-RI1,700$122,3150.05%
88AbbVie, Inc.ABBV707$114,2580.05%
89Invesco CurrencyShares British Pound Sterling Trust46138M109973$113,0040.05%
90Invesco CurrencyShares Euro Currency TrustFXE1,126$111,2490.05%
91Novartis AGNVSEF1,200$108,8640.04%
92UnitedHealth Group IncUNH195$103,3850.04%
93Sony CorpSNEJF1,223$93,2900.04%
94VanEck Vectors Gold Miners ETF92189F1063,180$91,1250.04%
95Consolidated Water Co LtdCWCO6,092$90,1620.04%
96United States Oil Fund LPUNTCW1,250$87,6380.04%
97Trinity Cap Inc.TRINZ7,917$86,5330.04%
98Novo Nordisk A/S ADRNONOF553$74,8430.03%
99ASA Gold and Precious Metals LtdG3156P1035,042$72,1450.03%
100Invesco QQQ TrIVZ270$71,8960.03%
101Thermo Fisher Scientific, Inc.TMO130$71,5900.03%
102ASML Holding N VASMLF130$71,0320.03%
103ProShares Tr.74347B2012,049$66,5930.03%
104SPDR S&P MidCap 400 ETF TrMDY150$66,4190.03%
105Takeda Pharmaceutical Co LtdTKPHF4,000$62,4000.03%
106Western Asset/Claymore Inflation-Linked Opportunities & Income Fund95766R1045,684$51,8930.02%
107Nuveen Core Equity Alpha FundNU3,696$50,0490.02%
108Royce Value Trust IncRVT3,497$46,3670.02%
109Nuveen NASDAQ 100 Dynamic Overwrite Fund6706991072,160$44,1320.02%
110Gabelli Equity Trust IncGAB-PK7,525$41,2370.02%
111The GDL Fund3615701045,211$40,8520.02%
112Baker Hughes CompanyBKR1,358$40,1020.02%
113Suncor Energy Inc.SU1,199$38,0440.02%
114Rice Acquisition CorpG7552912629,742$37,1780.02%
115Prudential PLCPUKPF1,351$37,1250.02%
116Microsoft CorpMSFT152$36,4530.01%
117Netflix, Inc.NFLX122$35,9750.01%
118Canadian National Railway Company136375102292$34,7130.01%
119Liberty All Star Growth Fund Inc5299001027,031$34,6650.01%
120Liberty All Star Equity Fund5301581045,989$34,1360.01%
121Tri-Continental Corp8954361031,311$33,5900.01%
122Adams Diversified Equity Fund Inc0062121042,235$32,4920.01%
123Equinix IncEQIX49$32,0960.01%
124Taiwan Semiconductor Manufacturing Company Limited874039100367$27,3380.01%
125Broadcom, Inc.AVGO46$25,7200.01%
126CRISPR Therapeutics AGCRSP625$25,4060.01%
127Medtronic plcMDT295$22,9270.01%
128Meta Platforms IncMETA176$21,1800.01%
129GXO Logistics IncorporatedGXO476$20,3200.01%
130Incyte CorpINCY242$19,4370.01%
131Invesco Exch Traded Fd Tr IIIVZ771$19,2330.01%
132The Home Depot IncHD59$18,6360.01%
133BlackRock Enhanced Equity Dividend TrustBLK2,045$18,4240.01%
134Chevron Corp.CVX100$17,9490.01%
135BlackRock, Inc.BLK24$17,0070.01%
136PepsiCo, Inc.PEP93$16,8010.01%
137ICICI Bank LtdIBN757$16,5710.01%
138Procter & Gamble Co. (The)742718109103$15,6110.01%
139Air products and Chemicals, Inc.AIIR50$15,4130.01%
140Mondelez International, Inc.609207105226$15,0630.01%
141Starbucks Corp.SBUX146$14,4830.01%
142Aberdeen Global Dynamic Dividend FundAGD1,456$13,7740.01%
143The PNC Financial Services Group Inc69347510587$13,7410.01%
144The New Germany Fund Inc6444651061,703$13,4410.01%
145The Mexico Fund, Inc.592835102905$13,3400.01%
146Nuveen California Municipal Value FundNU1,560$13,1820.01%
147AstraZeneca Group plc ADRAZN192$13,0180.01%
148The Taiwan Fund Inc874036106557$12,8610.01%
149Virtus Total Return Fund Inc.92835W1071,921$12,5830.01%
150Truist Financial Corp89832Q109291$12,5220.01%
151The New Ireland Fund Inc6456731041,326$12,3980.01%
152Oppfi Inc ComOPFI-WT5,898$12,0910.00%
153Alphabet, Inc. Cl CGOOG136$12,0670.00%
154Texas Instruments, Inc88250810470$11,5650.00%
155JPMorgan Chase & CoVYLD84$11,2640.00%
156Marsh & McLennan Companies, Inc.57174810268$11,2530.00%
157PGIM Global Short Duration High Yield Fund, Inc.69346J1061,032$11,1870.00%
158Nuveen Amt- Free Mun Value FdNU818$11,1330.00%
159McDonald's CorpMCD42$11,0680.00%
160Vale SAVALE604$10,2500.00%
161Lockheed Martin Corp.LMT21$10,2160.00%
162Western Asset Mun Hi Incm Fd95766N1031,593$10,1630.00%
163Rivernorth Flexible Mun Income Fund II, Inc.76883Y107750$10,1480.00%
164Nuveen Select Maturities Municipal FundNU1,120$10,1470.00%
165Tesla IncTSLA82$10,1010.00%
166United Parcel Service IncUPS58$10,0830.00%
167Automatic Data Processing, Inc.ADP42$10,0320.00%
168Chubb LtdCB45$9,9270.00%
169Realty Income Corp.O156$9,8950.00%
170Sempra EnergySREA64$9,8910.00%
171ProLogis, Inc.PLDGP85$9,5820.00%
172TCW Strategic Income Fund Inc8723401042,000$9,2400.00%
173Nuveen Mun Value Fd Inc.NU1,070$9,2020.00%
174Nuveen NY Select Tax-Free Income PortfolioNU790$9,1560.00%
175U.S. BancorpUSB-PS206$8,9840.00%
176BlackRock Enhanced International Dividend TrustBLK1,784$8,9560.00%
177Eaton Corp. plc (Ireland)ETN57$8,9460.00%
178Aberdeen Total Dynamic Dividend FundAOD1,117$8,7130.00%
179Crown Castle Intl Corp.CCI64$8,6810.00%
180HDFC Bank LtdHDB123$8,4140.00%
181Intuitive Surgical, Inc.ISRG31$8,2260.00%
182Nuveen NY Muni Value FundNU980$8,0950.00%
183Abbott LaboratoriesABLZF73$8,0150.00%
184Qualcomm IncQCOM70$7,6960.00%
185Cisco Systems, Inc.CSCO161$7,6700.00%
186Keurig Dr. Pepper Inc.KDP209$7,4530.00%
187Equifax, Inc.EFX38$7,3860.00%
188Philip Morris International Inc.71817210972$7,2870.00%
189Purecycle Technologies IncPCTTW2,457$7,0760.00%
190Caterpillar Inc.CAT29$6,9470.00%
191Berkley W R CorpWRB-PH96$6,9190.00%
192Aberdeen Emerging Markets Equity Inc.AEF1,343$6,9160.00%
193Nike, Inc.NKE59$6,9040.00%
194TMC The Metals Company IncTMCWW8,959$6,8980.00%
195Templeton Emerging Markets Fund880191101599$6,8410.00%
196Illinois Tool Works, Inc.45230810930$6,6090.00%
197Schlumberger LtdSLB123$6,5760.00%
198Paychex, IncPAYX56$6,4710.00%
199ProShares Short VIX Short-Term Futures ETF74347W130110$6,4550.00%
200Morgan Stanley India Investment Fund IncMS-PQ316$6,4150.00%
201The India Fund Inc454089103433$6,4130.00%
202Costco Wholesale Corp.22160K10514$6,3910.00%
203Vertex Pharmaceuticals, Inc.VRTX22$6,3530.00%
204Ishares Tr46434V423167$6,2990.00%
205Gabelli Global Small & Mid CGGZ557$6,2500.00%
206Amazon Com IncAMZN74$6,2160.00%
207The Korea Fund Inc500634209288$5,9990.00%
208American Tower Corporation03027X10028$5,9320.00%
209Cenovus Energy IncCVE304$5,9010.00%
210Carrier Global CorporationCARR142$5,8580.00%
211WEC Energy Group, Inc.WEC62$5,8130.00%
212Corning Inc.GLW181$5,7810.00%
213Regeneron Pharmaceuticals, Inc.REGN8$5,7720.00%
214Pool CorpPOOL19$5,7440.00%
215Nordson CorpNDSN24$5,7050.00%
216Aberdeen Japan Equity Fund IncJEQ1,071$5,6550.00%
217Applied Materials, Inc.03822210558$5,6480.00%
218Cooper Cos Inc.21664840217$5,6210.00%
219Pfizer IncPFE109$5,5850.00%
220Zoetis Inc.ZTS37$5,4220.00%
221The European Equity Fund Inc298768102718$5,3850.00%
222Bentley Sys Inc.BSY145$5,3590.00%
223Williams Cos Inc.969457100162$5,3300.00%
224British American Tobacco PLC110448107133$5,3170.00%
225Canadian Pac Ry Ltd13645T10071$5,2960.00%
226Alibaba Group Holding LimitedBBAAY60$5,2850.00%
227Barrick Gold Corp067901108305$5,2400.00%
228MasterCard, Inc.MA15$5,2160.00%
229LPL Finl Hldgs Inc50212V10024$5,1880.00%
230ON Semiconductor CorporationON82$5,1140.00%
231ConocoPhillipsCOP43$5,0740.00%
232CME Group Inc.CME30$5,0450.00%
233Charles Riv Labs Intl Inc15986410723$5,0120.00%
234Alnylam Pharmaceuticals, Inc.ALNY21$4,9910.00%
235Totalenergies SETTE80$4,9660.00%
236Linde plcLIN15$4,8930.00%
237Globus Med IncGMED64$4,7530.00%
238Visa IncV22$4,5710.00%
239Copart Inc.CPRT75$4,5670.00%
240Exponent IncEXPO46$4,5580.00%
241Japan Smaller Capitalization Fund IncJOF703$4,5550.00%
242Morgan Stanley China A Sh FdMS-PQ317$4,5010.00%
243Insulet Corp.PODD15$4,4160.00%
244Restaurant Brands International Inc76131D10368$4,3980.00%
245Bunge LimitedBG44$4,3900.00%
246Aberdeen Global Premier Properties Fund00302L1081,120$4,3680.00%
247Eversource EnergyES52$4,3600.00%
248Zebra Technologies CorpZBRA17$4,3590.00%
249Siteone Landsscape Supply IncSITE37$4,3410.00%
250Interactive Brokers Group In45841N10760$4,3410.00%
251Teradyne IncTER49$4,2800.00%
252AES CorpAES148$4,2560.00%
253Chargepoint Holdings Inc.CHPT445$4,2410.00%
254JD.Com IncJDCMF75$4,2100.00%
255Moody's Corp.MCO15$4,1790.00%
256Ansys Inc03662Q10517$4,1070.00%
257Fidelity Natl Information Sv31620M10660$4,0710.00%
258Yum China Hldgs IncYUMC73$3,9890.00%
259Phillips 66PSX38$3,9550.00%
260BP p.l.c.BPPFF109$3,8070.00%
261Dolby Laboratories IncDLB53$3,7390.00%
262Danaher Corp.23585110214$3,7160.00%
263SAP SESAPGF36$3,7150.00%
264Shinhan Financial Group Co LSHG132$3,6870.00%
265IDEXX Labs Inc.45168D1049$3,6720.00%
266Chungwa Telecom Co LtdCHT100$3,6590.00%
267Teledyne Technologies Inc.TDY9$3,5990.00%
268Blackstone Inc.BX48$3,5610.00%
269Trip.com Group Ltd ADRTRPCF103$3,5430.00%
270Allegion PLCALLE33$3,4740.00%
271Lennox Intl Inc52610710714$3,3490.00%
272Sherwin-Williams Co. (The)SHW14$3,3230.00%
273BeiGene, Ltd.BEIGF15$3,2990.00%
274GoDaddy, Inc.GDDY44$3,2920.00%
275Watsco Inc.WSO-B13$3,2420.00%
276Henry Jack & Assoc Inc42628110118$3,1600.00%
277ServiceNow, Inc.NOW8$3,1060.00%
278SK Telecom LtdSKM150$3,0890.00%
279Chemed Corp NewCHE6$3,0630.00%
280Fair Isaac CorpFICO5$2,9930.00%
281Micron Technology IncMU59$2,9490.00%
282Aspen Technology Inc.29109X10614$2,8760.00%
283Thor Inds Inc88516010138$2,8690.00%
284Apple IncAAPL22$2,8580.00%
285Rollins IncROL78$2,8500.00%
286Seattle Genetics, InSE22$2,8270.00%
287Goldman Sachs Group, Inc. (The)GSCE8$2,7470.00%
288Anheuser-Busch Inbev SA/NV ADRBUDFF45$2,7020.00%
289Kinder Morgan Inc.EP-PC148$2,6760.00%
290Credicorp LtdBAP19$2,5780.00%
291Netease IncNETTF35$2,5420.00%
292Trimble, Inc.TRMB50$2,5280.00%
293Bright Horizons Fam Sol In D10919410038$2,3980.00%
294Scotts Miracle-Gro CoSMG48$2,3320.00%
295Raytheon Technologies Corp.RTX23$2,3210.00%
296Tc Energy CorpTRPRF56$2,2320.00%
297Ase Technology Hldg Co. Ltd.ASX352$2,2070.00%
298Ryanair Holdings plc ADRRYAOF29$2,1680.00%
299Matterport Inc577096100731$2,0470.00%
300Petroleo Brasileiro S.A. PETROBRAS71654V408192$2,0450.00%
301Wallbox NVWBXWF4,552$1,9980.00%
302H World Group LtdHWLDF45$1,9090.00%
303Hilton, IncHLT15$1,8950.00%
304FabrinetFN14$1,7950.00%
305MakeMyTrip Limited MauritiusMMYT65$1,7920.00%
306Forge Global Holdings Inc.34629L1031,000$1,7300.00%
307Novocure LtdNVCR22$1,6140.00%
308Infosys LtdINFY89$1,6030.00%
309JinkoSolar Holdings Co., LtdJKS39$1,5940.00%
310Baidu Inc.BAIDF13$1,4870.00%
311Suzano Papel e Celulose S.A.SUZ160$1,4780.00%
312Wolfspeed, Inc.WOLF21$1,4500.00%
313Itau Unibanco Holding S.A.465562106301$1,4180.00%
314Pagseguro Digital LtdPAGS154$1,3460.00%
315Albemarle CorporationALB-PA6$1,3010.00%
316Pinduoduo Inc.PDD15$1,2230.00%
317LCI Inds50189K10312$1,1090.00%