CUBA
Closed
Herzfeld Caribbean Basin Closed Fund
2.5436
+0.0136 (+0.54%)
Last Update: 01 Jul 2025 23:00:00
Yesterday: 2.53
Day's Range: 2.5 - 2.555
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When Written:
3.7
The Herzfeld Caribbean Basin Closed Fund (CUBA) is a closed-end fund that invests primarily in equities of companies that are based in or have significant operations in the Caribbean Basin. The fund was launched in 1994 and is managed by Thomas J. Herzfeld Advisors, Inc.
The fund's investment objective is to provide long-term capital appreciation by investing in companies that are expected to benefit from the economic and political developments in the Caribbean Basin. The fund may also invest in fixed-income securities, including convertible bonds and preferred stocks.
As of June 30, 2021, the fund had total net assets of approximately $44.6 million and a portfolio of 33 securities. The top three sectors in the portfolio were financials, consumer discretionary, and industrials. The fund's top three holdings were Banco Latinoamericano de Comercio Exterior, Ltd., Copa Holdings, S.A., and Grupo Aeroportuario del Pacifico, S.A.B. de C.V.
The fund is traded on the NASDAQ stock exchange under the ticker symbol CUBA. The fund's shares are traded at a premium to its net asset value, which may reflect the fund's unique investment strategy and the limited availability of investment opportunities in the Caribbean Basin.
Note: This message is generated by artificial intelligence; it does not guarantee the accuracy of the information it contains and should not be considered as investment advice.
The fund's investment objective is to provide long-term capital appreciation by investing in companies that are expected to benefit from the economic and political developments in the Caribbean Basin. The fund may also invest in fixed-income securities, including convertible bonds and preferred stocks.
As of June 30, 2021, the fund had total net assets of approximately $44.6 million and a portfolio of 33 securities. The top three sectors in the portfolio were financials, consumer discretionary, and industrials. The fund's top three holdings were Banco Latinoamericano de Comercio Exterior, Ltd., Copa Holdings, S.A., and Grupo Aeroportuario del Pacifico, S.A.B. de C.V.
The fund is traded on the NASDAQ stock exchange under the ticker symbol CUBA. The fund's shares are traded at a premium to its net asset value, which may reflect the fund's unique investment strategy and the limited availability of investment opportunities in the Caribbean Basin.
Note: This message is generated by artificial intelligence; it does not guarantee the accuracy of the information it contains and should not be considered as investment advice.
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