The Herzfeld Caribbean Basin Fund Inc. [CUBA] Stock Forecast

Three out of 22 CEF sectors positive on price and 5 out of 22 sectors positive on NAV last week. Delaware/Abrdn mergers are closed.

CUBA provides exposure to companies that benefit from developments in the Caribbeans. The CUBA fund has a history of volatile returns and high expenses.

Economies of Latin America and Caribbean have continued their strong post-pandemic rebound, but the winds are shifting as global financial conditions are tightening and commodity prices are reversing their upward trend, while inflationary pressures persist. The reopening of contact-intensive sectors, especially hospitality and travel, the unwinding of pandemic pent-up demand, and still favorable external financial conditions supported a solid expansion in the first half of the year, allowing services to catch up with manufacturing, and employment to reach pre-pandemic levels.

One straightforward way to beat inflation is with a dividend greater than inflation. Each of these stocks to buy offers exactly that.

CUBA Is Not A Closed-End Fund I Would Want To Own

MIAMI BEACH, Fla., Oct. 12, 2021 (GLOBE NEWSWIRE) -- Thomas J. Herzfeld Advisors, Inc., an SEC-registered investment advisor, today announced the commencement of a Tender Offer by The Herzfeld Caribbean Basin Fund, Inc. (Nasdaq: CUBA) (the “Fund”). Under the terms of the Tender Offer the Fund is offering to purchase up to 5% of outstanding shares of the Fund at 97.5% of NAV.

MIAMI BEACH, Fla., Oct. 04, 2021 (GLOBE NEWSWIRE) -- Thomas J. Herzfeld Advisors, Inc., an SEC-registered investment advisor, today announced its intention to commence a Tender Offer by The Herzfeld Caribbean Basin Fund, Inc. (Nasdaq: CUBA) (the “Fund”) on October 12, 2021, in accordance with the Fund's three-year plan to address the Fund's trading price discount to its net asset value (“NAV”) per share that was previously announced on May 31, 2019 (the “Plan”).

MIAMI BEACH, Fla., Sept. 30, 2021 (GLOBE NEWSWIRE) -- The Herzfeld Caribbean Basin Fund, Inc. (NASDAQ: CUBA) (the “Fund”) today announced that the Fund has made the following distribution pursuant to the Fund's managed distribution plan (the “Plan”):

MIAMI BEACH, Fla., Aug. 20, 2021 (GLOBE NEWSWIRE) -- The Herzfeld Caribbean Basin Fund, Inc. (NASDAQ: CUBA) (the “Fund”) today announced that the Fund has made changes to its managed distribution policy (the “Policy”) to pay its September 30, 2021 distribution using a combination of shares of common stock and cash as outlined below and has modified the Self-Tender Policy to extend the date for commencement of the expected Self-Tender to no later than October 31, 2021.

MIAMI BEACH, Fla., June 30, 2021 (GLOBE NEWSWIRE) -- The Herzfeld Caribbean Basin Fund, Inc. (NASDAQ: CUBA) (the “Fund”) today announced that the Fund has made the following distribution pursuant to the Fund's managed distribution plan (the “Plan”):

The Herzfeld Caribbean Basin Fund Inc. is a US stock , located in Miami of Fl and trading under the symbol CUBA

The Herzfeld Caribbean Basin Fund Inc. stock price is $3.85 today.

Yes, The Herzfeld Caribbean Basin Fund Inc. is a publicly traded company.