CUBA

Herzfeld Caribbean Basin Fund
CUBA

$2.32
1.09%
 

About: Herzfeld Caribbean Basin Fund Inc operates as a closed-end management investment company. The company's investment objective is to obtain long-term capital appreciation. The firm offers customized discretionary account management and fund management services to individual and institutional investors. The fund invests in equity and equity-linked securities of public and private companies, including United States-based companies, whose securities are traded principally on a stock exchange in a Caribbean Basin Country. The fund's revenue source is through the dividends it receives. Its investments are geographically allocated in the United States followed by Puerto Rico, Mexico, and other countries.

0
Funds holding %
of 6,702 funds
Analysts bullish %
News positive %

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

5% less funds holding

Funds holding: 22 [Q4 2023] → 21 (-1) [Q1 2024]

20% less first-time investments, than exits

New positions opened: 4 | Existing positions closed: 5

26% less capital invested

Capital invested by funds: $18.6M [Q4 2023] → $13.7M (-$4.93M) [Q1 2024]

50% less funds holding in top 10

Funds holding in top 10: 2 [Q4 2023] → 1 (-1) [Q1 2024]

62.28% less ownership

Funds ownership: 93.75% [Q4 2023] → 31.47% (-62.28%) [Q1 2024]

69% less repeat investments, than reductions

Existing positions increased: 4 | Existing positions reduced: 13

Research analyst outlook

We haven’t received any recent analyst ratings for CUBA.

Financial journalist opinion