CUBA is a closed-end fund that invests primarily in securities of companies in the Caribbean Basin region, including those with exposure to Cuba. It seeks capital appreciation.
Description: The Herzfeld Caribbean Basin Fund, Inc. (CUBA) is a non-diversified, closed-end management investment company. The fund's investment objective is long-term capital appreciation. It invests primarily in equity securities of companies that are based in or have significant operations in the Caribbean Basin region, including companies that may benefit from the eventual normalization of relations with Cuba. The fund may also invest in fixed-income securities. It was launched in 1994 and is managed by Herzfeld & Associates, LLC.
