Filed: 2/13/2026ACC: 0001398344-26-003154
📋 What this filing means
THOMAS J. HERZFELD ADVISORS, INC. filed this quarterly 13F‑HR report disclosing 107 equity positions with a total reported market value of $295.60M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
107
Positions
$295.60M
Total AUM (reported)
31.12M
Total Shares
Allocation by class
COM$100.18M33.9%
COM SH BEN INT$29.00M9.8%
COM SHS BEN INT$24.52M8.3%
SHS BEN INT$19.41M6.6%
COMMON STOCK$18.11M6.1%
COM NEW$15.78M5.3%
HIGHLAND INCOME$14.69M5.0%
Portfolio Concentration
Top 3$68.22M23.1%
4–10$87.12M29.5%
11–25$85.06M28.8%
Rest$55.21M18.7%
Top 3 weight
23.1%
Top 10 weight
52.5%
Voting Authority Distribution
Total shares with voting rights: 31.12M
Sole
Full voting authority
31.12M
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)
Sole107
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings107
Rows:
FS SPECIALTY LENDING FD
SOLEShares2.05M
TypeSH
Market value$29.00M
9.81%
Sole
2.05M
Shared
0.00
None
0.00
PIMCO DYNAMIC INCOME STRATEG
SOLEShares1.31M
TypeSH
Market value$24.52M
8.30%
Sole
1.31M
Shared
0.00
None
0.00
HIGHLAND OPPS & INCOME FD
SOLEShares2.46M
TypeSH
Market value$14.69M
4.97%
Sole
2.46M
Shared
0.00
None
0.00
SABA CAPITAL INCOME & OPPORT
SOLEShares1.59M
TypeSH
Market value$13.12M
4.44%
Sole
1.59M
Shared
0.00
None
0.00
HERZFELD CREDIT INCOME FUND
SOLEShares5.84M
TypeSH
Market value$12.97M
4.39%
Sole
5.84M
Shared
0.00
None
0.00
SABA CAPITAL INCOME & OPRNT
SOLEShares1.83M
TypeSH
Market value$12.86M
4.35%
Sole
1.83M
Shared
0.00
None
0.00
BLUEROCK PVT REAL ESTATE FD
SOLEShares854.78K
TypeSH
Market value$12.82M
4.34%
Sole
854.78K
Shared
0.00
None
0.00
FS CREDIT OPPORTUNITIES CORP
SOLEShares1.90M
TypeSH
Market value$11.97M
4.05%
Sole
1.90M
Shared
0.00
None
0.00
GUGGENHEIM STRATEGIC OPPORTU
SOLEShares927.25K
TypeSH
Market value$11.94M
4.04%
Sole
927.25K
Shared
0.00
None
0.00
PIMCO ACCESS INCOME FUND
SOLEShares747.91K
TypeSH
Market value$11.44M
3.87%
Sole
747.91K
Shared
0.00
None
0.00
BROOKFIELD REAL ASSETS INCOM
SOLEShares772.27K
TypeSH
Market value$10.01M
3.39%
Sole
772.27K
Shared
0.00
None
0.00
ASA GOLD AND PRECIOUS MTLS L
SOLEShares134.34K
TypeSH
Market value$8.02M
2.71%
Sole
134.34K
Shared
0.00
None
0.00
SRH TOTAL RETURN FUND INC
SOLEShares382K
TypeSH
Market value$7.08M
2.40%
Sole
382K
Shared
0.00
None
0.00
NUVEEN FLOATING RATE INCOME
SOLEShares876.96K
TypeSH
Market value$6.87M
2.32%
Sole
876.96K
Shared
0.00
None
0.00
DUFF & PHELPS UTLITY AND INF
SOLEShares469.48K
TypeSH
Market value$5.97M
2.02%
Sole
469.48K
Shared
0.00
None
0.00
NEUBERGER NEXT GENERATION
SOLEShares412.39K
TypeSH
Market value$5.95M
2.01%
Sole
412.39K
Shared
0.00
None
0.00
OXFORD LANE CAP CORP
SOLEShares399.47K
TypeSH
Market value$5.85M
1.98%
Sole
399.47K
Shared
0.00
None
0.00
PGIM SHORT DUR HIG YLD OPP F
SOLEShares329.95K
TypeSH
Market value$5.43M
1.84%
Sole
329.95K
Shared
0.00
None
0.00
BLACKROCK SCIENCE & TECHNOLO
SOLEShares215.18K
TypeSH
Market value$4.87M
1.65%
Sole
215.18K
Shared
0.00
None
0.00
PIMCO DYNAMIC INCOME OPRNTS
SOLEShares345.43K
TypeSH
Market value$4.78M
1.62%
Sole
345.43K
Shared
0.00
None
0.00
THORNBURG INCM BUILDER OPP T
SOLEShares231.76K
TypeSH
Market value$4.66M
1.58%
Sole
231.76K
Shared
0.00
None
0.00
TAIWAN FD INC
SOLEShares82.67K
TypeSH
Market value$4.41M
1.49%
Sole
82.67K
Shared
0.00
None
0.00
RIVERNORTH FLEXIBLE MUNI INC
SOLEShares319.49K
TypeSH
Market value$4.04M
1.37%
Sole
319.49K
Shared
0.00
None
0.00
BLACKROCK TECH AND PRIVATE E
SOLEShares543.20K
TypeSH
Market value$3.58M
1.21%
Sole
543.20K
Shared
0.00
None
0.00
EAGLE POINT INCOME COMPANY I
SOLEShares310.81K
TypeSH
Market value$3.55M
1.20%
Sole
310.81K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
FS SPECIALTY LENDING FDSOLE | COM SH BEN INT | 2.05M | SH | $29.00M 9.81% | 2.05M | 0.00 | 0.00 |
PIMCO DYNAMIC INCOME STRATEGSOLE | COM SHS BEN INT | 1.31M | SH | $24.52M 8.30% | 1.31M | 0.00 | 0.00 |
HIGHLAND OPPS & INCOME FDSOLE | HIGHLAND INCOME | 2.46M | SH | $14.69M 4.97% | 2.46M | 0.00 | 0.00 |
SABA CAPITAL INCOME & OPPORTSOLE | COM NEW | 1.59M | SH | $13.12M 4.44% | 1.59M | 0.00 | 0.00 |
HERZFELD CREDIT INCOME FUNDSOLE | COM | 5.84M | SH | $12.97M 4.39% | 5.84M | 0.00 | 0.00 |
SABA CAPITAL INCOME & OPRNTSOLE | SHS NEW | 1.83M | SH | $12.86M 4.35% | 1.83M | 0.00 | 0.00 |
BLUEROCK PVT REAL ESTATE FDSOLE | COM | 854.78K | SH | $12.82M 4.34% | 854.78K | 0.00 | 0.00 |
FS CREDIT OPPORTUNITIES CORPSOLE | COMMON STOCK | 1.90M | SH | $11.97M 4.05% | 1.90M | 0.00 | 0.00 |
GUGGENHEIM STRATEGIC OPPORTUSOLE | COM SBI | 927.25K | SH | $11.94M 4.04% | 927.25K | 0.00 | 0.00 |
PIMCO ACCESS INCOME FUNDSOLE | SHS BENFIN INT | 747.91K | SH | $11.44M 3.87% | 747.91K | 0.00 | 0.00 |
BROOKFIELD REAL ASSETS INCOMSOLE | SHS BEN INT | 772.27K | SH | $10.01M 3.39% | 772.27K | 0.00 | 0.00 |
ASA GOLD AND PRECIOUS MTLS LSOLE | SHS | 134.34K | SH | $8.02M 2.71% | 134.34K | 0.00 | 0.00 |
SRH TOTAL RETURN FUND INCSOLE | COM | 382K | SH | $7.08M 2.40% | 382K | 0.00 | 0.00 |
NUVEEN FLOATING RATE INCOMESOLE | COM | 876.96K | SH | $6.87M 2.32% | 876.96K | 0.00 | 0.00 |
DUFF & PHELPS UTLITY AND INFSOLE | COM | 469.48K | SH | $5.97M 2.02% | 469.48K | 0.00 | 0.00 |
NEUBERGER NEXT GENERATIONSOLE | COMMON STOCK | 412.39K | SH | $5.95M 2.01% | 412.39K | 0.00 | 0.00 |
OXFORD LANE CAP CORPSOLE | COM | 399.47K | SH | $5.85M 1.98% | 399.47K | 0.00 | 0.00 |
PGIM SHORT DUR HIG YLD OPP FSOLE | COM | 329.95K | SH | $5.43M 1.84% | 329.95K | 0.00 | 0.00 |
BLACKROCK SCIENCE & TECHNOLOSOLE | SHS BEN INT | 215.18K | SH | $4.87M 1.65% | 215.18K | 0.00 | 0.00 |
PIMCO DYNAMIC INCOME OPRNTSSOLE | COM BEN SHS | 345.43K | SH | $4.78M 1.62% | 345.43K | 0.00 | 0.00 |
THORNBURG INCM BUILDER OPP TSOLE | COM | 231.76K | SH | $4.66M 1.58% | 231.76K | 0.00 | 0.00 |
TAIWAN FD INCSOLE | COM | 82.67K | SH | $4.41M 1.49% | 82.67K | 0.00 | 0.00 |
RIVERNORTH FLEXIBLE MUNI INCSOLE | COM | 319.49K | SH | $4.04M 1.37% | 319.49K | 0.00 | 0.00 |
BLACKROCK TECH AND PRIVATE ESOLE | SHS BEN INT | 543.20K | SH | $3.58M 1.21% | 543.20K | 0.00 | 0.00 |
EAGLE POINT INCOME COMPANY ISOLE | COM | 310.81K | SH | $3.55M 1.20% | 310.81K | 0.00 | 0.00 |
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