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Portfolio (Quarterly) Guide ↗

Thomas J. Herzfeld Advisors, Inc.

· CIK 0001509510
13F Portfolio $294M AUM 115 positions Filed May 12, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 27 New 28 Added 46 Reduced 19 Exited
Page 3 of 6  ·  115 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
41 GAM General American Investors Co Inc Financial Services 32,661.0 $1.9M 0.65% +33K +10000.0% $58.47 +9.5%
42 BlackRock Tech and Private Eq 280,753.0 $1.9M 0.63% -262K -48.3% $6.60
43 STEW SRH Total Return Fund Inc Financial Services 107,778.0 $1.8M 0.63% -274K -71.8% $17.10 +2.8%
44 BSTZ BlackRock Science and Technology Trust II Financial Services 82,672.0 $1.8M 0.62% -133K -61.6% $22.15 +25.8%
45 SDHY PGIM Short Dur Hig yld Opp F Financial Services 113,577.0 $1.8M 0.62% -216K -65.6% $16.02 -0.6%
46 CET Central Securities Corp Financial Services 36,505.0 $1.8M 0.62% -18K -33.1% $49.66 +6.2%
47 TBLD Thornburg Incm Builder Opp Tr Financial Services 69,502.0 $1.5M 0.50% -162K -70.0% $21.15 +4.4%
48 CEFS Exchange Listed FDS Tr 64,610.0 $1.5M 0.49% -19K -23.1% $22.55 +10.8%
49 GDV The Gabelli Dividend & Income Trust Financial Services 51,278.0 $1.4M 0.47% -17K -24.7% $26.93 +6.6%
50 JLS Nuveen Mortgage and Income Fund Financial Services 72,639.0 $1.3M 0.45% -8K -10.0% $18.13 +0.1%
51 BGX Blackstone / GSO Long-Short Credit Income Fund Financial Services 117,867.0 $1.3M 0.44% -115K -49.4% $10.90 +0.0%
52 DMO Western Asset Mortgage Opp Fund Inc. Financial Services 114,887.0 $1.2M 0.42% -7K -5.7% $10.75 +3.8%
53 PVI Invesco Exch Traded Fd Tr II 49,141.0 $1.2M 0.42% NEW $24.87 -0.4%
54 MSD Morgan Stanley Emerging Mkt Debt Fund Inc. Financial Services 172,416.0 $1.2M 0.41% -150K -46.6% $7.02 +4.0%
55 BTT BlackRock Municipal 2030 Target Term Trust Financial Services 49,066.0 $1.1M 0.38% -619.0 -1.2% $22.70 -1.0%
56 XFLT XAI Octagn Flt Rat & Alt Inm Financial Services 59,545.0 $1.0M 0.35% NEW $17.18 +11.2%
57 DSM BNY Mellon Strategic Mun Bd Financial Services 164,932.0 $991K 0.34% -176K -51.6% $6.01 +0.7%
58 PDO PIMCO Dynamic Income Oprnts Financial Services 66,751.0 $863K 0.29% -279K -80.7% $12.93 -2.2%
59 EDD Morgan Stanley Emerging Mkts Financial Services 136,584.0 $692K 0.23% +135K +10000.0% $5.07 +6.9%
60 PCQ PIMCO Calif Mun Income Fund Financial Services 79,226.0 $680K 0.23% -142K -64.2% $8.58 +1.3%
Page 3 of 6  ·  115 positions

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Financial Services 99.9%
Communication Services 0.1%
Basic Materials 0.0%