The Herzfeld Caribbean Basin Fund Inc. (CUBA)
The Herzfeld Caribbean Basin Fund Inc. operates in the Asset Management industry of the Financial Services sector, headquartered in Miami, FL, US. The stock last traded at $2.52, down 0.79% on the session, giving a market capitalisation of $39.6M. On trailing twelve-month figures it carries a trailing P/E of 13.26, a net margin of 69.3%. Its beta of 0.92 implies it has historically moved less than the broad market.
The Herzfeld Caribbean Basin Fund Inc. is a closed-end equity investment vehicle, launched by Thomas J. Herzfeld Advisors, Inc. and managed by Herzfeld/Cuba. Although it primarily allocates capital to public equities within the United States, the fund employs a fundamental analysis methodology. Its investment strategy targets companies that are anticipated to profit from the evolving economic, political, structural, and technological landscape across the Caribbean Basin. This diverse region includes nations such as 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 maintains a diversified portfolio, investing in firms spanning various industry sectors. Established on March 10, 1992, the Herzfeld Caribbean Basin Fund Inc. is domiciled in the United States.
The Herzfeld Caribbean Basin Fund Inc. is most often compared with the following Financial Services names: