THOMAS J. HERZFELD ADVISORS, INC. Information

119 WASHINGTON AVENUE, SUITE 504, MIAMI BEACH, Florida, 33139, (305) 271-1900

Report Date: 03/31/2015

Position Statistics

Total Positions 324
New Positions 18
Increased Positions 135
Decreased Positions 90
Positions with Activity 225
Sold Out Positions 33
Total Mkt Value (in $ millions) 216

Institutional Holdings information is filed by major institutions on form 13-F with the Securities and Exchange Commission.

Sector Weighting

Basic Materials 0.54%
Capital Goods 3.71%
Conglomerates 1.24%
Consumer Cyclical 0.04%
Consumer/Non-Cyclical 1.86%
Energy 0.06%
Financial 73.1%
Healthcare 0.5%
Services 4.88%
Technology 0.03%
Transportation 2.65%
Utilities 1.33%

324 Positions as of 03/31/2015

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
BOULDER GROWTH & INCOME FD INC COM 12,042 1,307 12.18 1,374,708
OXFORD LANE CAP CORP PFD SHS SER 2023 11,195 2,852 34.18 448,896
OXFORD LANE CAP CORP LIQUIDAT PREF 8,160 3,428 72.46 324,298
TEKLA HEALTHCARE OPPORTUNIT FD SHS 7,118 2,676 60.24 354,650
ADAMS DIVERSIFIED EQUITY FD COM 6,038 324 5.66 425,479
BLACKROCK SCIENCE & TECH TR SHS 5,618 3,187 131.04 312,658
PIMCO DYNAMIC CR INCOME FD COM SHS 5,560 293 5.56 268,319
VIRTUS TOTAL RETURN FD COM 5,169 91 1.79 1,104,454
ALPINE TOTAL DYNAMIC DIVID FD COM SH BEN INT N 5,041 -109 (2.12) 560,722
HERZFELD CARIBBEAN BASIN FD COM 4,761 New 405,210
TRI CONTL CORP COM 4,610 -60 (1.28) 210,010
ADAM NAT RES FD INC COM 4,341 -161 (3.57) 181,238
KAYNE ANDERSON MDSTM ENERGY FD COM 3,927 596 17.91 120,029
CLOUGH GLOBAL OPPORTUNITIES FD SH BEN INT 3,782 75 2.03 310,020
LIBERTY ALL STAR EQUITY FD SH BEN INT 3,542 311 9.61 603,366
GENERAL AMERN INVS INC COM 3,334 -53 (1.56) 93,924
FEDERATED ENHANC TREAS INCM FD COM SH BEN INT 3,225 422 15.06 239,827
COPA HOLDINGS SA CL A 3,224 New 37,800
SALIENT MIDSTREAM & MLP FD SH BEN INT 3,181 214 7.23 142,397
TORTOISE ENERGY INFRSTRCTR CP COM 3,174 264 9.09 75,526