Herzfeld Caribbean Basin:CUBA

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    Overview

    As of 8/11/2020. NAV as of 8/10/2020.

     Share
    Price
    NAVPremium/
    Discount
    Current$3.67$4.98-26.31%
    52 Wk Avg$5.27$6.32-17.06%
    52 Wk High$7.15$8.05-7.69%
    52 Wk Low$2.20$3.59-26.51%
    Regular Distribution TypeIncome Only
    Distribution Rate16.92%
    Distribution Amount$0.1553
    Distribution FrequencyQuarterly
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    To achieve long-term capital appreciation, investing primarily in equity and equity-linked securities in the Caribbean Basin countries, 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, whose securities are traded principally on a stock exchange in a Caribbean Basin Country; or have at least 50% of the value of their assets in a Caribbean Basin Country; or that derive at least 50% of their total revenue from operations in a Caribbean Basin Country.

    Capital Structure

    As of 8/11/2020

    Total Investment Exposure:$30.546M
    Total Common Assets:$30.546M
    Common Shares Outstanding:6,133,659
    Annual Expense Ratios

    As of 6/30/2020

      Per Common Share
    Management FeesN/A
    Other Expenses:N/A
    Baseline Expense: N/A
    Interest Expense:N/A
    Total: 2.79%
    Fund Management

    Fund Sponsor
    Herzfeld

    Portfolio Managers
    Thomas J. Herzfeld

    Basics
    Category: Equity-U.S. Equity
    Ticker: CUBA
    NAV Ticker: XCUBAX
    Average Daily Volume (shares): 23,685
    Average Daily Volume (USD): $0.116M
    Inception Date: 5/20/1994
    Inception Share Price: $5.20
    Inception NAV: $5.00
    Tender Offer: No
    Term: No
    Fiscal Year End: June 30
    Third Party Links & Reports

    Distributions

    As of 8/11/2020

    Past performance is no guarantee of future results.
    Distribution History

    Enter declared start and end dates to display distribution history below. Income, Long Gain, Short Gain and ROC breakdowns will only be shown for the past year.

    Declared Date Payable Date Ex Date Distrib Amount Income Long Gain Short Gain ROC

    *Indicates a Special Distribution: A distribution disbursed in addition to the normal distributions paid out by the company.

    Key Information Regarding Distributions
    Avg. Earnings Per Share:
    As of 12/31/2019
    -$0.0406
    Annualized Distribution Rate on NAV:
    As of 8/11/2020
    12.47%
    Total Return on NAV (12 months):
    As of 8/11/2020
    -26.56%
    Total % Portfolio Effectively Leveraged:
    As of 8/11/2020
    0.00%

    Pricing Information

    Premium/Discount Information
    Past performance is no guarantee of future results.
    Premium/Discount Information

    As of 8/12/2020

    PeriodAvg Discount
    6 Month-18.79%
    1 Year-17.06%
    3 Year-17.68%
    5 Year-12.37%
    Z-Score

    As of 8/11/2020

    PeriodZStat
    3 Month-1.74
    6 Month-1.93
    1 Year-2.74
    Pricing History
    Date NAV Premium / Discount

    Performance

    Calendar Year Total Returns

    As of 7/31/2020
    Category: Morningstar US CEF US Equity

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    YTD-39.81%-34.15%-11.34%-8.61%
    201947.27%29.73%32.25%27.32%
    2018-27.64%-18.66%-11.89%-10.13%
    20178.21%13.39%22.72%19.06%
    20163.61%19.43%13.79%12.38%
    2015-23.76%-14.98%-7.45%-6.29%
    201418.12%-8.05%24.05%7.38%
    201320.68%17.38%37.23%30.01%
    201222.16%24.27%16.19%14.79%
    2011-9.58%-7.83%-2.63%-1.36%
    201011.68%18.58%22.35%18.15%
    200952.86%36.78%50.91%28.82%
    2008-45.05%-38.50%-41.61%-37.74%
    2007-34.28%14.43%  
    2006115.34%16.47%  
    200535.24%13.75%  
    200426.32%34.42%  
    200343.07%55.57%  
    20020.82%-15.97%  
    2001-7.49%-13.28%  
    2000-29.07%-17.04%  
    Past performance is no guarantee of future results.
    Annualized Total Returns

    Returns for periods less than one year are cumulative rather than annualized

    As of 7/31/2020
    Category: Morningstar US CEF US Equity

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Number of Holdings:
    As of 9/30/2019
    49
    Annual Portfolio Turnover:
    As of 6/30/2020
    6.00%
    Asset Allocation

    As of 9/30/2019 reported by Fund Sponsor

    Top Sectors

    As of 9/30/2019 reported by Fund Sponsor

    Sector%Portfolio
    Cyclical (Super Sector)50.95%
    Sensitive (Super Sector)32.50%
    Industrials29.59%
    Consumer Cyclical26.39%
    Financial Services16.66%
    Defensive (Super Sector)15.84%
    Consumer Defensive9.98%
    Basic Materials7.90%
    Utilities5.86%
    Communication Services1.77%
    Top Holdings

    As of 9/30/2019 reported by Fund Sponsor

    HoldingValue% Portfolio
    MasTec Inc$7.29M15.59%
    Royal Caribbean Cruises Ltd$3.38M7.24%
    Popular Inc$2.99M6.39%
    Norwegian Cruise Line Holdings Ltd$2.95M6.31%
    First BanCorp$2.64M5.65%
    Copa Holdings SA Class A$2.40M5.13%
    Lennar Corp$2.26M4.84%
    Marriott Vacations Worldwide Corp$1.73M3.71%
    Fresh Del Monte Produce Inc$1.44M3.09%
    NextEra Energy Inc$1.40M2.99%
    Country Allocation

    As of 9/30/2019 reported by Fund Sponsor

    Country% Portfolio
    United States - Equity66.80%
    Mexico - Equity14.02%
    Others - Equity13.79%
    Colombia - Equity4.27%
    Canada - Equity0.40%

    Closed-end fund historical distribution sources have included net investment income, realized gains, and return of capital. For more detailed information on the distributions of a specific fund, please visit the sponsor's website.

    NOTES:

    Distribution type sourced from Morningstar. For specific information about a fund's distribution sources, visit the fund sponsor's website.

    The following information applies to closed-end funds in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation. Shares of closed-end funds are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

    EWB-1014244PR-E1119W