Filed: 11/12/2025ACC: 0001398344-25-020702
📋 What this filing means
THOMAS J. HERZFELD ADVISORS, INC. filed this quarterly 13F‑HR report disclosing 104 equity positions with a total reported market value of $291.71M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
104
Positions
$291.71M
Total AUM (reported)
26.96M
Total Shares
Allocation by class
COM$126.13M43.2%
COM SH BEN INT$39.15M13.4%
SHS BEN INT$32.28M11.1%
SH BEN INT$13.22M4.5%
SHS$10.97M3.8%
AAA CLO ETF$10.59M3.6%
SIMPLIFY INTERST$9.23M3.2%
Portfolio Concentration
Top 3$73.20M25.1%
4–10$71.96M24.7%
11–25$82.32M28.2%
Rest$64.24M22.0%
Top 3 weight
25.1%
Top 10 weight
49.8%
Voting Authority Distribution
Total shares with voting rights: 26.96M
Sole
Full voting authority
26.96M
shares
% of voting shares100.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
0.00
shares
% of voting shares0.0%
Investment Discretion (by position count)
Sole104
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings104
Rows:
PIMCO Dynamic Income Strategy Fund
SOLEShares1.57M
TypeSH
Market value$39.14M
13.42%
Sole
1.57M
Shared
0.00
None
0.00
Highland Floating Rate Opportunities Fund
SOLEShares2.80M
TypeSH
Market value$17.76M
6.09%
Sole
2.80M
Shared
0.00
None
0.00
Saba Capital Income & Opport II
SOLEShares1.79M
TypeSH
Market value$16.30M
5.59%
Sole
1.79M
Shared
0.00
None
0.00
Herzfeld Credit Income Fund, Inc.
SOLEShares6.10M
TypeSH
Market value$14.52M
4.98%
Sole
6.10M
Shared
0.00
None
0.00
PGIM ETF TR
SOLEShares205.59K
TypeSH
Market value$10.59M
3.63%
Sole
205.59K
Shared
0.00
None
0.00
Nuveen Floating Rate Income
SOLEShares1.29M
TypeSH
Market value$10.53M
3.61%
Sole
1.29M
Shared
0.00
None
0.00
Brookfield Real Assets Incom
SOLEShares724.71K
TypeSH
Market value$9.68M
3.32%
Sole
724.71K
Shared
0.00
None
0.00
Simplify Exchange Traded Fun
SOLEShares191.61K
TypeSH
Market value$9.23M
3.16%
Sole
191.61K
Shared
0.00
None
0.00
Saba Capital Income & Opport
SOLEShares1.18M
TypeSH
Market value$9.13M
3.13%
Sole
1.18M
Shared
0.00
None
0.00
ASA Gold and Precious Metals Ltd
SOLEShares180.65K
TypeSH
Market value$8.27M
2.84%
Sole
180.65K
Shared
0.00
None
0.00
PIMCO Access Income Fund
SOLEShares481.44K
TypeSH
Market value$7.83M
2.69%
Sole
481.44K
Shared
0.00
None
0.00
SRH Total Return Fund Inc
SOLEShares375.45K
TypeSH
Market value$6.82M
2.34%
Sole
375.45K
Shared
0.00
None
0.00
FS Credit Opportunities Corp
SOLEShares963.51K
TypeSH
Market value$6.66M
2.28%
Sole
963.51K
Shared
0.00
None
0.00
Flaherty & Crumrine Pfd Secs
SOLEShares382.78K
TypeSH
Market value$6.47M
2.22%
Sole
382.78K
Shared
0.00
None
0.00
Neuberger Brman Next Genera
SOLEShares394.21K
TypeSH
Market value$6.06M
2.08%
Sole
394.21K
Shared
0.00
None
0.00
iShares Tr
SOLEShares107.52K
TypeSH
Market value$5.44M
1.86%
Sole
107.52K
Shared
0.00
None
0.00
Duff & Phelps Utility and Infrastructure Fund Inc.
SOLEShares420.95K
TypeSH
Market value$5.43M
1.86%
Sole
420.95K
Shared
0.00
None
0.00
PGIM Short Dur Hig yld Opp F
SOLEShares321.35K
TypeSH
Market value$5.37M
1.84%
Sole
321.35K
Shared
0.00
None
0.00
Nuveen Vriabl Rat Pfd & Inm
SOLEShares261.33K
TypeSH
Market value$5.22M
1.79%
Sole
261.33K
Shared
0.00
None
0.00
Cohen & Steers Limited Duration Preferred and Income Fund, Inc.
SOLEShares221.20K
TypeSH
Market value$4.79M
1.64%
Sole
221.20K
Shared
0.00
None
0.00
BlackRock Science and Technology Trust II
SOLEShares209.71K
TypeSH
Market value$4.65M
1.59%
Sole
209.71K
Shared
0.00
None
0.00
The Taiwan Fund Inc
SOLEShares84.58K
TypeSH
Market value$4.58M
1.57%
Sole
84.58K
Shared
0.00
None
0.00
Thornburg Incm Builder Opp Tr
SOLEShares227.96K
TypeSH
Market value$4.53M
1.55%
Sole
227.96K
Shared
0.00
None
0.00
PIMCO Dynamic Income Oprnts
SOLEShares318.13K
TypeSH
Market value$4.49M
1.54%
Sole
318.13K
Shared
0.00
None
0.00
Kayne Anderson Energy Infrst
SOLEShares321.17K
TypeSH
Market value$3.97M
1.36%
Sole
321.17K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
PIMCO Dynamic Income Strategy FundSOLE | COM SH BEN INT | 1.57M | SH | $39.14M 13.42% | 1.57M | 0.00 | 0.00 |
Highland Floating Rate Opportunities FundSOLE | SHS BEN INT | 2.80M | SH | $17.76M 6.09% | 2.80M | 0.00 | 0.00 |
Saba Capital Income & Opport IISOLE | COM | 1.79M | SH | $16.30M 5.59% | 1.79M | 0.00 | 0.00 |
Herzfeld Credit Income Fund, Inc.SOLE | COM | 6.10M | SH | $14.52M 4.98% | 6.10M | 0.00 | 0.00 |
PGIM ETF TRSOLE | AAA CLO ETF | 205.59K | SH | $10.59M 3.63% | 205.59K | 0.00 | 0.00 |
Nuveen Floating Rate IncomeSOLE | COM | 1.29M | SH | $10.53M 3.61% | 1.29M | 0.00 | 0.00 |
Brookfield Real Assets IncomSOLE | SHS BEN INT | 724.71K | SH | $9.68M 3.32% | 724.71K | 0.00 | 0.00 |
Simplify Exchange Traded FunSOLE | Simplify Interst | 191.61K | SH | $9.23M 3.16% | 191.61K | 0.00 | 0.00 |
Saba Capital Income & OpportSOLE | SHS NEW | 1.18M | SH | $9.13M 3.13% | 1.18M | 0.00 | 0.00 |
ASA Gold and Precious Metals LtdSOLE | SHS | 180.65K | SH | $8.27M 2.84% | 180.65K | 0.00 | 0.00 |
PIMCO Access Income FundSOLE | SHS BENFIN INT | 481.44K | SH | $7.83M 2.69% | 481.44K | 0.00 | 0.00 |
SRH Total Return Fund IncSOLE | COM | 375.45K | SH | $6.82M 2.34% | 375.45K | 0.00 | 0.00 |
FS Credit Opportunities CorpSOLE | COM | 963.51K | SH | $6.66M 2.28% | 963.51K | 0.00 | 0.00 |
Flaherty & Crumrine Pfd SecsSOLE | COM | 382.78K | SH | $6.47M 2.22% | 382.78K | 0.00 | 0.00 |
Neuberger Brman Next GeneraSOLE | COMMON STOCK | 394.21K | SH | $6.06M 2.08% | 394.21K | 0.00 | 0.00 |
iShares TrSOLE | TRS FLT RT BD | 107.52K | SH | $5.44M 1.86% | 107.52K | 0.00 | 0.00 |
Duff & Phelps Utility and Infrastructure Fund Inc.SOLE | COM | 420.95K | SH | $5.43M 1.86% | 420.95K | 0.00 | 0.00 |
PGIM Short Dur Hig yld Opp FSOLE | COM | 321.35K | SH | $5.37M 1.84% | 321.35K | 0.00 | 0.00 |
Nuveen Vriabl Rat Pfd & InmSOLE | COM | 261.33K | SH | $5.22M 1.79% | 261.33K | 0.00 | 0.00 |
Cohen & Steers Limited Duration Preferred and Income Fund, Inc.SOLE | COM | 221.20K | SH | $4.79M 1.64% | 221.20K | 0.00 | 0.00 |
BlackRock Science and Technology Trust IISOLE | SHS BEN INT | 209.71K | SH | $4.65M 1.59% | 209.71K | 0.00 | 0.00 |
The Taiwan Fund IncSOLE | COM | 84.58K | SH | $4.58M 1.57% | 84.58K | 0.00 | 0.00 |
Thornburg Incm Builder Opp TrSOLE | COM | 227.96K | SH | $4.53M 1.55% | 227.96K | 0.00 | 0.00 |
PIMCO Dynamic Income OprntsSOLE | COM Ben Shs | 318.13K | SH | $4.49M 1.54% | 318.13K | 0.00 | 0.00 |
Kayne Anderson Energy InfrstSOLE | COM | 321.17K | SH | $3.97M 1.36% | 321.17K | 0.00 | 0.00 |
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