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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 (Amended)

Thomas J. Herzfeld Advisors, Inc.

Quarter ended Q2 2023 · Filed May 16, 2023 · Accession 0001398344-23-009914

Total Value
$247.2M
Positions
322
Other Managers
0
Confidential Omitted
No
View on SEC.gov

Holdings (322)

#IssuerTicker / CUSIPSharesValue% of Filing
1Highland Floating Rate Opportunities FundHFRO-PB2,936,570$25.8M10.44%
2Saba Capital Income & Opportunities Fund78518H2022,429,458$19.8M8.01%
3Wisdomtree TrWT347,177$17.5M7.06%
4Oxford Lane Cap CorpOXLCZ2,709,234$14.2M5.73%
5Nexpoint Diversified Rel Et65340G2051,268,053$13.2M5.33%
6PIMCO Enrgy Tactical Cr OppPDX742,833$10.8M4.39%
7iShares Tr46434V860169,829$8.6M3.48%
8ProShares UltraShort S&P5074347G416155,281$6.2M2.51%
9BlackRock ESG Cap Allc TrBLK345,886$5.4M2.18%
10Cornerstone Strategic Value Fund IncCLM688,854$5.4M2.17%
11BlackRock Cap Allocation TrBLK353,949$5.4M2.17%
12Boulder Growth & Income Fund IncSTEW433,567$5.3M2.15%
13Vertical Capital Income FundCCID505,700$5.0M2.01%
14Tortoise Energy Independence89148K200147,309$4.1M1.68%
15Nuveen Short Duration Cr OppNU299,870$3.5M1.42%
16Central Securities Corp15512310298,291$3.4M1.38%
17The Gabelli Healthcare & Wellness Trust36246K103328,224$3.3M1.34%
18Cohen & Steers Limited Duration Preferred and Income Fund, Inc.19248C105169,742$3.0M1.23%
19Western Asset Mortgage Opp Fund Inc.95790B109288,343$3.0M1.22%
20PIMCO Global StocksPLS Inc.722011103383,004$2.8M1.15%
21Adams Natural Resources Fund Inc00548F105137,740$2.8M1.15%
22Clearbridge MLP And Midstrm18469220084,038$2.7M1.10%
23Aberdeen Std Global Infrastructure00326W106151,149$2.7M1.10%
24Angel Oak Final Strategies Incm Trm Trst03464A100218,277$2.7M1.09%
25Nuveen Mortgage and Income FundNU167,160$2.7M1.08%
26Cornerstone Total Rtrn Fd In21924U300360,362$2.7M1.08%
27The Gabelli Dividend & Income Trust36242H104126,436$2.6M1.06%
28Nuveen Mutli Asset Income Fund670750108227,267$2.6M1.06%
29General American Investors Co Inc36880210467,245$2.6M1.06%
30Tortoise Pwr & Energy Infras89147X104202,063$2.6M1.05%
31Nuveen Real Asset Income and Growth Fund67074Y105216,918$2.5M1.03%
32MasTec IncMTZ26,568$2.5M1.02%
33Morgan Stanley Emerging MktsMS-PQ541,414$2.4M0.99%
34Thornburg Incm Builder Opp Tr885213108155,568$2.4M0.98%
35New Fortress Energy IncNFE73,602$2.2M0.88%
36Blackstone Strategic Cred 20BX183,284$2.0M0.79%
37First BanCorp/Puerto Rico318672706160,604$1.8M0.74%
38Royal Caribbean Cruises LtdV7780T10327,926$1.8M0.74%
39Clearbridge MLP and Midstrm18469Q20762,822$1.8M0.73%
40The Herzfeld Caribbean Basin Fund IncHERZ484,796$1.8M0.73%
41Aersale CorporationASLE99,206$1.7M0.69%
42Popular IncBPOPM29,702$1.7M0.69%
43PGT Innovations Inc69336V10164,117$1.6M0.65%
44Norwegian Cruise Line Holdings LtdNCLH116,578$1.6M0.63%
45NextEra Energy IncNEE-PW20,025$1.5M0.62%
46Goldman Sachs MLP Energy RenNVGLF111,887$1.5M0.59%
47Grupo Aeroportuario del Sureste SAB de CV40051E2024,675$1.4M0.58%
48Martin Marietta Materials Inc5732841064,000$1.4M0.57%
49Fomento Economico Mexicano SAB de CV34441910613,110$1.2M0.50%
50Copa Holdings SACPA13,250$1.2M0.50%
51Lennar CorpLEN-B10,500$1.1M0.45%
52SPDR Ser Tr78468R66310,919$1.0M0.41%
53Barings Global Short Duration High Yield FundBGH77,121$994,8610.40%
54iShares U.S. Medical Devices ETF46428881018,035$973,5290.39%
55Marriott Vacations Worldwide CorpVAC6,745$909,6310.37%
56Cemex SAB de CVCXMSF155,645$860,7170.35%
57Vulcan Materials Co9291601095,000$857,8000.35%
58Playa Hotels & Resorts NvN7054410678,605$754,6080.31%
59EVERTEC IncEVTC16,956$572,2650.23%
60Insight Select Income Fd45781W10935,142$558,0550.23%
61Destra Multi-Alternative Fd25065A50290,921$547,3440.22%
62Seaboard CorpSE137$516,4910.21%
63Empire State Realty Trust Inc29210410673,894$479,5720.19%
64Exchange Listed FDS Tr30151E80622,630$413,1830.17%
65iShares Nasdaq Biotechnology ETF4642875562,850$368,1060.15%
66LivaNova PLCLIVN8,330$363,0210.15%
67PIMCO Enhanced Short Maturity Active Exchange-Traded Fund72201R8333,587$356,0100.14%
68Merck & Co IncMRK2,830$301,0840.12%
69Investco CurrencyShares Japan46138W1073,680$258,0950.10%
70SPDR Gold TrGLD1,398$256,1420.10%
71NXG NextGen Intrastruacture Inc Fund2316472076,875$252,1060.10%
72Western Asset/Claymore Inflation-Linked Securities & Income Fund95766Q10626,885$232,5590.09%
73America Movil SAB de CVAMXOF10,998$231,5080.09%
74Center Coast Brkfld MLP Enrg15146120911,831$227,7470.09%
75Eli Lilly & CoLLY663$227,6870.09%
76ORG BancorpOFG7,541$188,0730.08%
77Amgen IncAMGN700$169,2250.07%
78SPDR S&P 500 ETF TrSPY390$159,6620.06%
79FS Credit Opportunities CorpFSCO34,330$152,4250.06%
80Sprott Physical Gold and Silver TrustSII8,000$151,2800.06%
81Goldman Sachs ETF TRNVGLF4,302$132,5450.05%
82Bristol-Myers Squibb CoCELG-RI1,700$117,8270.05%
83Invesco CurrencyShares British Pound Sterling Trust46138M109973$115,5230.05%
84Sony CorpSNEJF1,274$115,4880.05%
85Invesco CurrencyShares Euro Currency TrustFXE1,126$112,8140.05%
86AbbVie, Inc.ABBV707$112,6750.05%
87Novartis AGNVSEF1,200$110,4000.04%
88VanEck Vectors Gold Miners ETF92189F1063,180$102,8580.04%
89Consolidated Water Co LtdCWCO6,092$100,0920.04%
90FS KKR Cap CorpFSK5,290$97,8650.04%
91UnitedHealth Group IncUNH195$92,1550.04%
92Invesco QQQ TrIVZ270$86,6510.04%
93United States Oil Fund LPUNTCW1,250$83,0500.03%
94Thermo Fisher Scientific, Inc.TMO139$80,1150.03%
95SPDR S&P MidCap 400 ETF TrMDY150$68,7620.03%
96Canadian National Railway Company136375102565$66,6530.03%
97Takeda Pharmaceutical Co LtdTKPHF4,000$65,9200.03%
98ASML Holding N VASMLF96$65,3480.03%
99Novo Nordisk A/S ADRNONOF389$61,9050.03%
100Suncor Energy Inc.SU1,793$55,6730.02%
101Nuveen NASDAQ 100 Dynamic Overwrite Fund6706991072,214$53,0150.02%
102Western Asset/Claymore Inflation-Linked Opportunities & Income Fund95766R1045,754$52,6490.02%
103Royce Value Trust IncRVT3,570$48,4440.02%
104Nuveen Core Equity Alpha FundNU3,809$46,9320.02%
105Gabelli Equity Trust IncGAB-PK7,722$44,3260.02%
106Rice Acquisition CorpG7552912629,742$43,5660.02%
107Baker Hughes CompanyBKR1,506$43,4630.02%
108Netflix, Inc.NFLX122$42,1490.02%
109PayPal Holdings, Inc.PYPL552$41,9190.02%
110The GDL Fund3615701045,291$41,5090.02%
111Microsoft CorpMSFT143$41,2270.02%
112Equinix IncEQIX56$40,3780.02%
113Liberty All Star Equity Fund5301581046,290$38,9960.02%
114Liberty All Star Growth Fund Inc5299001027,318$38,6400.02%
115Meta Platforms IncMETA176$37,3010.02%
116Tri-Continental Corp8954361031,325$35,1820.01%
117Taiwan Semiconductor Manufacturing Company Limited874039100378$35,1620.01%
118Adams Diversified Equity Fund Inc0062121042,239$34,8170.01%
119Broadcom, Inc.AVGO46$29,5110.01%
120CRISPR Therapeutics AGCRSP625$28,2690.01%
121Smith & Nephew PLCSNNUF820$22,8860.01%
122Medtronic plcMDT278$22,4120.01%
123BlackRock Enhanced International Dividend TrustBLK3,644$19,6780.01%
124Western Asset Mun Hi Incm Fd95766N1032,883$19,2300.01%
125The Mexico Fund, Inc.5928351021,105$18,8070.01%
126BlackRock Enhanced Equity Dividend TrustBLK2,182$18,7460.01%
127PepsiCo, Inc.PEP100$18,2300.01%
128The New Germany Fund Inc6444651061,953$17,7570.01%
129Incyte CorpINCY242$17,4890.01%
130The Taiwan Fund Inc874036106647$17,4430.01%
131The Home Depot IncHD59$17,4120.01%
132Mondelez International, Inc.609207105239$16,6630.01%
133Nuveen Amt- Free Mun Value FdNU1,188$16,3590.01%
134Chevron Corp.CVX100$16,3160.01%
135Procter & Gamble Co. (The)742718109103$15,3150.01%
136Nuveen NY Muni Value FundNU1,710$14,9200.01%
137Tesla IncTSLA70$14,5220.01%
138Air products and Chemicals, Inc.AIIR50$14,3610.01%
139ICICI Bank LtdIBN645$13,9190.01%
140Starbucks Corp.SBUX131$13,6410.01%
141Aberdeen Global Dynamic Dividend FundAGD1,456$13,5840.01%
142Alphabet, Inc. Cl CGOOG129$13,4160.01%
143AstraZeneca Group plc ADRAZN192$13,3270.01%
144Texas Instruments, Inc88250810470$13,0210.01%
145Virtus Total Return Fund Inc.92835W1071,993$12,9040.01%
146McDonald's CorpMCD45$12,5820.01%
147Nuveen Select Maturities Municipal FundNU1,340$12,3680.01%
148Oppfi Inc ComOPFI-WT5,898$12,0910.00%
149ProLogis, Inc.PLDGP95$11,8530.00%
150Nuveen California Municipal Value FundNU1,310$11,5410.00%
151Marsh & McLennan Companies, Inc.57174810268$11,3250.00%
152PGIM Global Short Duration High Yield Fund, Inc.69346J1061,032$11,3210.00%
153United Parcel Service IncUPS58$11,2510.00%
154The PNC Financial Services Group Inc69347510587$11,0580.00%
155JPMorgan Chase & CoVYLD84$10,9460.00%
156Lockheed Martin Corp.LMT23$10,8730.00%
157BlackRock, Inc.BLK16$10,7060.00%
158Nuveen Mun Value Fd Inc.NU1,170$10,3080.00%
159Sutter Rock Cap CorpSSSSL2,792$10,1070.00%
160Truist Financial Corp89832Q109291$9,9230.00%
161Realty Income Corp.O156$9,8780.00%
162Eaton Corp. plc (Ireland)ETN57$9,7660.00%
163Sempra EnergySREA64$9,6740.00%
164Vale SAVALE608$9,5940.00%
165TCW Strategic Income Fund Inc8723401042,000$9,3600.00%
166Automatic Data Processing, Inc.ADP42$9,3500.00%
167Aberdeen Total Dynamic Dividend FundAOD1,117$9,0250.00%
168Chubb LtdCB45$8,7380.00%
169Crown Castle Intl Corp.CCI64$8,5660.00%
170Cisco Systems, Inc.CSCO161$8,4160.00%
171Intuitive Surgical, Inc.ISRG31$7,9200.00%
172Applied Materials, Inc.03822210564$7,8610.00%
173Purecycle Technologies IncPCTTW2,457$7,7400.00%
174Equifax, Inc.EFX38$7,7080.00%
175Aberdeen Emerging Markets Equity Inc.AEF1,393$7,4660.00%
176U.S. BancorpUSB-PS206$7,4260.00%
177TMC The Metals Company IncTMCWW8,959$7,4260.00%
178Abbott LaboratoriesABLZF73$7,3920.00%
179Keurig Dr. Pepper Inc.KDP209$7,3740.00%
180Illinois Tool Works, Inc.45230810930$7,3040.00%
181HDFC Bank LtdHDB109$7,2670.00%
182Nike, Inc.NKE59$7,2360.00%
183ProShares Short VIX Short-Term Futures ETF74347W130110$7,0130.00%
184Templeton Emerging Markets Fund880191101599$7,0080.00%
185Philip Morris International Inc.71817210972$7,0020.00%
186The Korea Fund Inc500634209318$6,9860.00%
187Costco Wholesale Corp.22160K10514$6,9560.00%
188Vertex Pharmaceuticals, Inc.VRTX22$6,9320.00%
189ON Semiconductor CorporationON82$6,7500.00%
190Barrick Gold Corp067901108361$6,7040.00%
191Caterpillar Inc.CAT29$6,6360.00%
192Qualcomm IncQCOM52$6,6340.00%
193Regeneron Pharmaceuticals, Inc.REGN8$6,5730.00%
194Pool CorpPOOL19$6,5060.00%
195Carrier Global CorporationCARR142$6,4970.00%
196Gabelli Global Small & Mid CGGZ557$6,4860.00%
197Ishares Tr46434V423167$6,4680.00%
198Bentley Sys Inc.BSY150$6,4490.00%
199Alibaba Group Holding LimitedBBAAY63$6,4370.00%
200Paychex, IncPAYX56$6,4170.00%
201Corning Inc.GLW181$6,3860.00%
202Cooper Cos Inc.21664840217$6,3470.00%
203Travelers Companies IncTRV37$6,3420.00%
204MFS Investment Grade Municipal Trust59318B108850$6,2820.00%
205MFS High Yield Municipal Trust59318E1021,940$6,2270.00%
206Raytheon Technologies Corp.RTX63$6,1700.00%
207Zoetis Inc.ZTS37$6,1580.00%
208The European Equity Fund Inc298768102718$6,0640.00%
209Schlumberger LtdSLB123$6,0390.00%
210Amazon Com IncAMZN57$5,8880.00%
211WEC Energy Group, Inc.WEC62$5,8770.00%
212Aberdeen Japan Equity Fund IncJEQ1,071$5,8580.00%
213CME Group Inc.CME30$5,7460.00%
214Ansys Inc03662Q10517$5,6580.00%
215MasterCard, Inc.MA15$5,4510.00%
216Morgan Stanley China A Sh FdMS-PQ377$5,4140.00%
217NWTN IncAIIOW26,327$5,4080.00%
218Zebra Technologies CorpZBRA17$5,4060.00%
219Nordson CorpNDSN24$5,3340.00%
220Linde plcLIN15$5,3320.00%
221Cenovus Energy IncCVE304$5,3080.00%
222Teradyne IncTER49$5,2680.00%
223Aspen Technology Inc.29109X10623$5,2640.00%
224BlackRock Science and Technology Trust IIBLK280$5,2330.00%
225GoDaddy, Inc.GDDY66$5,1300.00%
226Interactive Brokers Group In45841N10762$5,1190.00%
227Siteone Landsscape Supply IncSITE37$5,0640.00%
228Visa IncV22$4,9600.00%
229STMicroelectronics N VSTMEF91$4,8680.00%
230LPL Finl Hldgs Inc50212V10024$4,8580.00%
231Japan Smaller Capitalization Fund IncJOF703$4,8580.00%
232Williams Cos Inc.969457100162$4,8370.00%
233Insulet Corp.PODD15$4,7840.00%
234BeiGene, Ltd.BEIGF22$4,7420.00%
235Totalenergies SETTE80$4,7240.00%
236Dolby Laboratories IncDLB55$4,6980.00%
237British American Tobacco PLC110448107133$4,6710.00%
238Chargepoint Holdings Inc.CHPT445$4,6590.00%
239Charles Riv Labs Intl Inc15986410723$4,6420.00%
240Aberdeen Global Premier Properties Fund00302L1081,120$4,6140.00%
241Moody's Corp.MCO15$4,5900.00%
242Exponent IncEXPO46$4,5860.00%
243Restaurant Brands International Inc76131D10368$4,5660.00%
244SAP SESAPGF36$4,5560.00%
245Berkley W R CorpWRB-PH73$4,5450.00%
246IDEXX Labs Inc.45168D1049$4,5010.00%
247Seattle Genetics, InSE22$4,4540.00%
248Pfizer IncPFE109$4,4470.00%
249Exxon Mobil CorpXOM40$4,3860.00%
250Henry Jack & Assoc Inc42628110129$4,3710.00%
251ConocoPhillipsCOP43$4,2660.00%
252Invesco Exch Traded Fd Tr IIIVZ171$4,2660.00%
253Blackstone Inc.BX48$4,2160.00%
254Alnylam Pharmaceuticals, Inc.ALNY21$4,2070.00%
255Bunge LimitedBG44$4,2030.00%
256Watsco Inc.WSO-B13$4,1360.00%
257BP p.l.c.BPPFF109$4,1350.00%
258BlackRock Innovation and GrwBLK511$4,1030.00%
259Eversource EnergyES52$4,0700.00%
260Chungwa Telecom Co LtdCHT104$4,0660.00%
261Teledyne Technologies Inc.TDY9$4,0260.00%
262Trip.com Group Ltd ADRTRPCF106$3,9930.00%
263Phillips 66PSX38$3,8520.00%
264Chemed Corp NewCHE7$3,7640.00%
265ServiceNow, Inc.NOW8$3,7180.00%
266Allegion PLCALLE34$3,6290.00%
267Apple IncAAPL22$3,6280.00%
268AES CorpAES148$3,5640.00%
269Micron Technology IncMU59$3,5600.00%
270Wallbox NVWBXWF4,552$3,5530.00%
271Danaher Corp.23585110214$3,5290.00%
272Lennox Intl Inc52610710714$3,5180.00%
273Fair Isaac CorpFICO5$3,5130.00%
274Scotts Miracle-Gro CoSMG48$3,3480.00%
275Yum China Hldgs IncYUMC52$3,2960.00%
276SK Telecom LtdSKM160$3,2820.00%
277Sherwin-Williams Co. (The)SHW14$3,1470.00%
278Thor Inds Inc88516010138$3,0260.00%
279Rollins IncROL78$2,9270.00%
280Bright Horizons Fam Sol In D10919410038$2,9260.00%
281American Tower Corporation03027X10014$2,8610.00%
282Ase Technology Hldg Co. Ltd.ASX352$2,8050.00%
283Ryanair Holdings plc ADRRYAOF29$2,7340.00%
284Saia IncSAIA10$2,7210.00%
285Shinhan Financial Group Co LSHG99$2,6670.00%
286H World Group LtdHWLDF54$2,6450.00%
287P T Telekomunikasi Indonesia71568410697$2,6450.00%
288Trimble, Inc.TRMB50$2,6210.00%
289Goldman Sachs Group, Inc. (The)GSCE8$2,6170.00%
290Kinder Morgan Inc.EP-PC148$2,5910.00%
291Apollo Tactical Income Fund Inc037638103213$2,5870.00%
292Catalent Inc.14880610238$2,4970.00%
293Morgan Stanley India Investment Fund IncMS-PQ116$2,2570.00%
294Credicorp LtdBAP17$2,2510.00%
295Dr Reddys Labs Ltd25613520339$2,2200.00%
296Tc Energy CorpTRPRF56$2,1790.00%
297Baidu Inc.BAIDF14$2,1130.00%
298Pinduoduo Inc.PDD27$2,0490.00%
299Petroleo Brasileiro S.A. PETROBRAS71654V408192$2,0030.00%
300Matterport Inc577096100731$1,9960.00%
301Banco Santander Chile NewBSAC111$1,9790.00%
302Forge Global Holdings Inc.34629L1031,000$1,7500.00%
303MakeMyTrip Limited MauritiusMMYT70$1,7130.00%
304FabrinetFN14$1,6630.00%
305Lam Research CorpLRCX3$1,5900.00%
306Infosys LtdINFY89$1,5520.00%
307Itau Unibanco Holding S.A.465562106301$1,4660.00%
308JD.Com IncJDCMF32$1,4040.00%
309JinkoSolar Holdings Co., LtdJKS27$1,3780.00%
310Grupo Aeroportario Del Pacific4005061017$1,3660.00%
311Wolfspeed, Inc.WOLF21$1,3640.00%
312Pagseguro Digital LtdPAGS158$1,3540.00%
313Albemarle CorporationALB-PA6$1,3260.00%
314Novocure LtdNVCR22$1,3230.00%
315LCI Inds50189K10312$1,3180.00%
316Rio Tinto PLCRTNTF19$1,3030.00%
317Netease IncNETTF12$1,0610.00%
318The Wendy's Co95058W10042$9150.00%
319Sociedad Quimica Y Minera De83363510511$8920.00%
320Alpha Tau MedicalDRTSW2,109$6890.00%
321Ginkgo Bioworks Holdings Inc.DNABW1,690$3040.00%
322Nuveen NY Select Tax-Free Income PortfolioNU8$960.00%