13F HOLDINGS REPORT
Thomas J. Herzfeld Advisors, Inc.
Quarter ended Q1 2025 · Filed May 14, 2025 · Accession 0001398344-25-009442
Total Value
$294.0M
Positions
128
Other Managers
0
Confidential Omitted
No
Holdings (128)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | PIMCO Dynamic Income Strategy Fund | PDX | 1,641,558 | $40.3M | 13.70% |
| 2 | FS Credit Opportunities Corp | FSCO | 3,144,864 | $22.2M | 7.54% |
| 3 | The Herzfeld Caribbean Basin Fund Inc | HERZ | 6,043,689 | $16.1M | 5.49% |
| 4 | Saba Capital Income & Opport | BRW | 1,701,210 | $14.8M | 5.03% |
| 5 | Highland Floating Rate Opportunities Fund | HFRO-PB | 2,677,303 | $13.9M | 4.74% |
| 6 | Nuveen Floating Rate Income | 67072T108 | 1,172,900 | $9.9M | 3.38% |
| 7 | Prospect Capital Corporation | PSEC-PA | 2,315,582 | $9.5M | 3.23% |
| 8 | Brookfield Real Assets Incom | RA | 666,668 | $8.8M | 2.98% |
| 9 | Suro Capital Corp | SSSSL | 1,714,062 | $8.5M | 2.90% |
| 10 | Nuveen Vriabl Rat Pfd & Inm | NU | 410,089 | $7.7M | 2.62% |
| 11 | XAI Octagn Flt Rat & Alt Inm | 98400T106 | 1,258,025 | $7.4M | 2.53% |
| 12 | PIMCO Access Income Fund | PAXS | 380,600 | $6.1M | 2.08% |
| 13 | Flaherty & Crumrine Pfd Secs | 338478100 | 355,738 | $5.7M | 1.93% |
| 14 | Destra Multi-Alternative Fd | 25065A502 | 611,015 | $5.2M | 1.76% |
| 15 | Tortoise Energy Infra Corp | TYG | 105,767 | $4.6M | 1.55% |
| 16 | Sound Point Meridian Cap Inc. | SPME | 225,137 | $4.5M | 1.53% |
| 17 | Clearbridge Energy Midstrm O | 18469P209 | 89,770 | $4.5M | 1.52% |
| 18 | Kayne Anderson Energy Infrst | 486606106 | 337,162 | $4.3M | 1.47% |
| 19 | Neuberger Brman Next Genera | NBXG | 348,571 | $4.3M | 1.45% |
| 20 | Nuveen Dow 30 Dynamic Overwrite Fund | NU | 285,536 | $4.1M | 1.41% |
| 21 | Rivernorth Flexible Mun Income Fund II, Inc. | 76883Y107 | 302,810 | $4.1M | 1.38% |
| 22 | Cohen & Steers Limited Duration Preferred and Income Fund, Inc. | 19248C105 | 186,043 | $3.8M | 1.29% |
| 23 | BlackRock Science and Technology Trust II | BLK | 202,849 | $3.6M | 1.22% |
| 24 | MasTec Inc | MTZ | 29,872 | $3.5M | 1.19% |
| 25 | NextEra Energy Inc | NEE-PW | 46,697 | $3.3M | 1.13% |
| 26 | Thornburg Incm Builder Opp Tr | 885213108 | 183,561 | $3.3M | 1.12% |
| 27 | Central Securities Corp | 155123102 | 70,484 | $3.2M | 1.08% |
| 28 | MFS Municipal Income Trust | 552738106 | 587,872 | $3.1M | 1.06% |
| 29 | Ecofin Sustainable and Social Impact Term Fund | 27901F109 | 268,982 | $3.1M | 1.04% |
| 30 | Exchange Listed FDS Tr | 30151E806 | 135,966 | $2.9M | 0.99% |
| 31 | PIMCO Income Strategy FdII | 72201J104 | 362,833 | $2.7M | 0.93% |
| 32 | PGIM Short Dur Hig yld Opp F | 69355J104 | 164,585 | $2.7M | 0.92% |
| 33 | Nuveen NASDAQ 100 Dynamic Overwrite Fund | 670699107 | 111,162 | $2.6M | 0.90% |
| 34 | Simplify Exchange Traded Fun | 82889N855 | 51,764 | $2.5M | 0.85% |
| 35 | BlackRock Munihldngs Cali QL | BLK | 233,897 | $2.5M | 0.85% |
| 36 | The Taiwan Fund Inc | 874036106 | 74,104 | $2.5M | 0.84% |
| 37 | Nuveen Real Estate Income Fund | NU | 289,043 | $2.4M | 0.81% |
| 38 | Royal Caribbean Group | V7780T103 | 9,666 | $2.0M | 0.68% |
| 39 | Norwegian Cruise Line Holdings Ltd | NCLH | 94,207 | $1.8M | 0.61% |
| 40 | OFG Bancorp | OFG | 43,454 | $1.7M | 0.59% |
| 41 | Nuveen Mortgage and Income Fund | NU | 92,014 | $1.7M | 0.59% |
| 42 | Popular Inc | BPOPM | 18,598 | $1.7M | 0.58% |
| 43 | First BanCorp/Puerto Rico | 318672706 | 88,690 | $1.7M | 0.58% |
| 44 | Western Asset Mortgage Opp Fund Inc. | 95790B109 | 140,994 | $1.7M | 0.57% |
| 45 | Nuveen Quality Municipal Income Fund | NU | 127,072 | $1.5M | 0.50% |
| 46 | Pioneer High Income Fund Inc. | 72369H106 | 178,792 | $1.4M | 0.47% |
| 47 | Adams Diversified Equity Fund Inc | 006212104 | 71,378 | $1.4M | 0.46% |
| 48 | PIMCO Calif Mun Income Fd II | 72200M108 | 223,924 | $1.3M | 0.43% |
| 49 | PIMCO Dynamic Income Oprnts | 69355M107 | 89,425 | $1.2M | 0.42% |
| 50 | MFS High Yield Municipal Trust | 59318E102 | 353,305 | $1.2M | 0.42% |
| 51 | Vulcan Materials Co | 929160109 | 5,019 | $1.2M | 0.40% |
| 52 | NYLI MacKay Defined Term Muni | MMD | 71,859 | $1.1M | 0.37% |
| 53 | ProShares UltraShort S&P50 | 74347G416 | 48,007 | $1.0M | 0.35% |
| 54 | Carnival Corp | CUKPF | 52,657 | $1.0M | 0.35% |
| 55 | Proshares Tr | 74347G275 | 86,805 | $1.0M | 0.35% |
| 56 | ETF Opportunities Trust | 26923N686 | 70,133 | $1.0M | 0.34% |
| 57 | Proshares Tr | 74349Y837 | 24,606 | $999,742 | 0.34% |
| 58 | MFS Investment Grade Municipal Trust | 59318B108 | 120,541 | $954,685 | 0.32% |
| 59 | Martin Marietta Materials Inc | 573284106 | 1,840 | $879,759 | 0.30% |
| 60 | Nuveen Municipal Credit Opp Fund | NU | 77,573 | $830,031 | 0.28% |
| 61 | BlackRock MuniIvest FD II Inc. | BLK | 73,069 | $772,339 | 0.26% |
| 62 | Copa Holdings SA | CPA | 8,250 | $762,795 | 0.26% |
| 63 | Advisorshares Tr | 00768Y412 | 42,063 | $749,563 | 0.25% |
| 64 | BNY Mellon Strategic Mun Bd | 09662E109 | 127,724 | $736,967 | 0.25% |
| 65 | Cornerstone Strategic Value Fund Inc | CLM | 88,892 | $660,470 | 0.22% |
| 66 | Pioneer Mun High Income Oppo | 723760104 | 52,597 | $620,119 | 0.21% |
| 67 | OneSpaWorld Holdings Limited | OSW | 35,000 | $587,650 | 0.20% |
| 68 | Invesco Tr Invt Grade Muns | IVZ | 47,965 | $477,731 | 0.16% |
| 69 | BNY Mellon Strategic Muns In | 05588W108 | 71,290 | $436,295 | 0.15% |
| 70 | SPDR Gold Tr | GLD | 1,398 | $402,820 | 0.14% |
| 71 | Pioneer Municipal High Income Advantage Trust | 723762100 | 44,032 | $367,667 | 0.13% |
| 72 | ASA Gold and Precious Metals Ltd | G3156P103 | 12,088 | $364,332 | 0.12% |
| 73 | Eaton Vance New York Mun Bd | ETN | 36,969 | $350,836 | 0.12% |
| 74 | MFS High Income Mun Tr | 59318D104 | 93,879 | $346,414 | 0.12% |
| 75 | Delaware Invts Natl Mun Inco | 24610T108 | 31,321 | $317,595 | 0.11% |
| 76 | iShares Tr | 46434V860 | 4,469 | $226,400 | 0.08% |
| 77 | SPDR S&P 500 ETF Tr | SPY | 390 | $218,162 | 0.07% |
| 78 | NYLI CBRE Gbl Infr Megtrnds | 56064Q107 | 14,009 | $186,460 | 0.06% |
| 79 | Consolidated Water Co Ltd | CWCO | 6,092 | $149,193 | 0.05% |
| 80 | Invesco QQQ Tr | IVZ | 270 | $126,608 | 0.04% |
| 81 | Columbia Seligman Premium Technology Growth Fund | 19842X109 | 3,452 | $96,587 | 0.03% |
| 82 | Netflix, Inc. | NFLX | 100 | $93,253 | 0.03% |
| 83 | SPDR S&P MidCap 400 ETF Tr | MDY | 150 | $80,022 | 0.03% |
| 84 | Meta Platforms Inc | META | 100 | $57,636 | 0.02% |
| 85 | Investco CurrencyShares Japan | 46138W107 | 600 | $36,900 | 0.01% |
| 86 | Flaherty & Crumrine Pfd Inco | 33848E106 | 2,865 | $26,415 | 0.01% |
| 87 | First Tr Inter Dur Pfd & In | 33718W103 | 1,013 | $18,629 | 0.01% |
| 88 | Morgan Stanley India Investment Fund Inc | MS-PQ | 706 | $17,219 | 0.01% |
| 89 | The New Germany Fund Inc | 644465106 | 1,715 | $16,829 | 0.01% |
| 90 | TMC The Metals Company Inc | TMCWW | 8,959 | $15,409 | 0.01% |
| 91 | Aberdeen Global Dynamic Dividend Fund | AGD | 1,487 | $14,811 | 0.01% |
| 92 | Japan Smaller Capitalization Fund Inc | JOF | 1,668 | $13,995 | 0.00% |
| 93 | The European Equity Fund Inc | 298768102 | 1,293 | $11,767 | 0.00% |
| 94 | Templeton Dragon Fd Inc. | 88018T101 | 1,181 | $11,456 | 0.00% |
| 95 | Aberdeen Global Premier Properties Fund | 00302L108 | 2,795 | $10,845 | 0.00% |
| 96 | China Fd Inc | 169373107 | 833 | $10,696 | 0.00% |
| 97 | ProShares Short VIX Short-Term Futures ETF | 74347W130 | 220 | $10,067 | 0.00% |
| 98 | Net Power Inc. | NPWR-WT | 32,771 | $9,995 | 0.00% |
| 99 | TCW Strategic Income Fund Inc | 872340104 | 2,000 | $9,720 | 0.00% |
| 100 | Mexico Equity & Income Fd | 592834105 | 1,111 | $9,688 | 0.00% |
| 101 | Aberdeen Japan Equity Fund Inc | JEQ | 1,479 | $9,615 | 0.00% |
| 102 | Aberdeen Std Global Infrastructure | 00326W106 | 516 | $9,489 | 0.00% |
| 103 | The Mexico Fund, Inc. | 592835102 | 666 | $9,477 | 0.00% |
| 104 | Eagle Pt Cr Co LLC | ECCW | 1,149 | $9,310 | 0.00% |
| 105 | Aberdeen Total Dynamic Dividend Fund | AOD | 1,094 | $9,179 | 0.00% |
| 106 | Virtus Stone HBR Emrg Mkts I | 86164T107 | 1,750 | $8,855 | 0.00% |
| 107 | Montana Technologies Corp | AIRJW | 15,307 | $8,648 | 0.00% |
| 108 | Purecycle Technologies Inc | PCTTW | 5,457 | $8,458 | 0.00% |
| 109 | BlackRock ESG Cap Allc Tr | BLK | 473 | $7,459 | 0.00% |
| 110 | Morgan Stanley Emerging Mkts | MS-PQ | 1,513 | $7,111 | 0.00% |
| 111 | The Korea Fund Inc | 500634209 | 346 | $6,906 | 0.00% |
| 112 | Aberdeen Emerging Markets Equity Inc. | AEF | 1,267 | $6,284 | 0.00% |
| 113 | SRH Total Return Fund Inc | STEW | 361 | $6,231 | 0.00% |
| 114 | BlackRock Cap Allocation Tr | BLK | 430 | $6,192 | 0.00% |
| 115 | BlackRock Enhanced International Dividend Trust | BLK | 1,100 | $6,171 | 0.00% |
| 116 | General American Investors Co Inc | 368802104 | 112 | $5,641 | 0.00% |
| 117 | BlackRock Tech and Private Eq | BLK | 901 | $5,640 | 0.00% |
| 118 | BlackRock Enhanced Equity Dividend Trust | BLK | 650 | $5,587 | 0.00% |
| 119 | The Gabelli Dividend & Income Trust | 36242H104 | 229 | $5,525 | 0.00% |
| 120 | Gabelli Equity Trust Inc | GAB-PK | 994 | $5,478 | 0.00% |
| 121 | Tri-Continental Corp | 895436103 | 174 | $5,323 | 0.00% |
| 122 | Nuveen Core Equity Alpha Fund | NU | 362 | $5,287 | 0.00% |
| 123 | Royce Value Trust Inc | RVT | 368 | $5,241 | 0.00% |
| 124 | Liberty All Star Equity Fund | 530158104 | 784 | $5,135 | 0.00% |
| 125 | Liberty All Star Growth Fund Inc | 529900102 | 1,034 | $5,057 | 0.00% |
| 126 | Virtus Total Return Fund Inc. | 92835W107 | 660 | $3,938 | 0.00% |
| 127 | Costar Group Inc | CSGP | 25 | $1,981 | 0.00% |
| 128 | Nexpoint Diversified Rel Et | 65340G205 | 357 | $1,367 | 0.00% |