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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 4 of 6  ·  115 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
61 EMD Western Asset Emerging Mkts Financial Services 68,384.0 $672K 0.23% +67K +4300.5% $9.82 +6.7%
62 MMD NYLI MacKay Defined Term Muni Financial Services 44,396.0 $659K 0.22% -53K -54.3% $14.85 +1.3%
63 GLD SPDR Gold Tr Financial Services 1,398.0 $602K 0.20% $430.29 -0.7%
64 PNI Pimco New York Municipal Income Fund II Financial Services 75,124.0 $515K 0.17% NEW $6.85 +0.9%
65 CCIF Carlyle Credit Income Fund Financial Services 126,239.0 $405K 0.14% -75K -37.2% $3.21 +8.7%
66 CEF Sprott Physical Gold and Silver Trust Financial Services 8,000.0 $382K 0.13% NEW $47.72 +0.3%
67 SSSS Suro Capital Corp Financial Services 32,518.0 $348K 0.12% NEW $10.71 +25.1%
68 MFM MFS Municipal Income Trust Financial Services 61,837.0 $333K 0.11% -76K -55.0% $5.39 +0.6%
69 CXE MFS High Income Mun Tr Financial Services 88,443.0 $328K 0.11% -78K -46.9% $3.71 +0.2%
70 SPY SPDR S&P 500 ETF Tr Financial Services 390.0 $254K 0.09% $650.34 +13.7%
71 CXH MFS Investment Grade Municipal Trust Financial Services 23,409.0 $187K 0.06% -219K -90.3% $7.99 -0.8%
72 HQL Aberdeen Life Sciences Investor Financial Services 11,076.0 $180K 0.06% NEW $16.27 +9.3%
73 DTF DTF Tax-Free Income Inc Financial Services 13,654.0 $156K 0.05% NEW $11.45 -0.6%
74 QQQ Invesco QQQ Tr Financial Services 270.0 $156K 0.05% $577.18 +22.8%
75 NFLX Netflix, Inc. Communication Services 1,000.0 $96K 0.03% $96.15 -9.6%
76 MDY SPDR S&P MidCap 400 ETF Tr Financial Services 150.0 $93K 0.03% $616.76 +6.9%
77 EUM Proshares Tr 3,245.0 $62K 0.02% NEW $19.20 -13.0%
78 TMC TMC The Metals Company Inc Basic Materials 12,911.0 $60K 0.02% $4.67 +22.3%
79 META Meta Platforms Inc Communication Services 100.0 $57K 0.02% $572.13 +8.1%
80 WIW Western Asset/Claymore Inflation-Linked Opportunities & Income Fund Financial Services 6,546.0 $55K 0.02% NEW $8.46 +0.4%
Page 4 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%