Detail akcie Herzfeld Carib online

Business Summary: The Herzfeld Caribbean Basin Fund, Inc. (the Fund) is a non-diversified, closed-end management investment company. The Fund's investment objective is to obtain long-term capital appreciation. The Fund pursues its objective by investing primarily in equity and equity-linked securities of public and private companies, including the United States-based companies, whose securities are traded principally on a stock exchange in a Caribbean Basin Country or that 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 (collectively, Caribbean Basin Companies). It invests at least 80% of its total assets in equity and equity-linked securities of Caribbean Basin Countries. It invests in various sectors, such as banking and finance; consumer products and related manufacturing; food, beverages and tobacco; pulp and paper, and other. The Fund's investment advisor is HERZFELD/CUBA.
Financial Summary: BRIEF: For the six months ended 31 December 2020, HerzfeldCaribbean Basin Fund Inc revenues decreased 44% to $212K.Net income increased from $5.1M to $10.8M. Revenues reflecta decrease in demand for the Company's products andservices due to unfavorable market conditions. Net incomereflects Unrealized G/L on Investment Securities increaseof 88% to $12M (income), Realized G/L on InvestmentsSecurities decrease of 22% to $834K (expense).