Thomas J. Herzfeld Advisors, Inc. 13F holdings, Q4 2025
Holdings as of December 31, 2025 · filings on SEC EDGAR · latest filing →
Thomas J. Herzfeld Advisors, Inc. disclosed 107 US equity positions worth $295.6m in its Q4 2025 13F filing. The largest position was FS SPECIALTY LENDING FD at 9.8% of the reported book, followed by PIMCO DYNAMIC INCOME STRATEG and HIGHLAND OPPS & INCOME FD. Against the Q3 2025 filing, it opened 11 new positions, added to 25 and reduced 14 among the top 50 holdings.
What did Thomas J. Herzfeld Advisors, Inc. own in Q4 2025? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2025 |
|---|---|---|---|---|---|---|---|
| 1 | FS SPECIALTY LENDING FD | 9.8% | $29.0m | 2,050,866 | – | new | |
| 2 | PIMCO DYNAMIC INCOME STRATEG | 8.3% | $24.5m | 1,305,721 | -17% | reduced | |
| 3 | HIGHLAND OPPS & INCOME FD | 5.0% | $14.7m | 2,457,285 | -12% | reduced | |
| 4 | SABA CAPITAL INCOME & OPPORT | 4.4% | $13.1m | 1,590,092 | -11% | reduced | |
| 5 | HERZFELD CREDIT INCOME FUND | 4.4% | $13.0m | 5,841,928 | -4% | reduced | |
| 6 | SABA CAPITAL INCOME & OPRNT | 4.4% | $12.9m | 1,834,714 | 56% | added | |
| 7 | BLUEROCK PVT REAL ESTATE FD | 4.3% | $12.8m | 854,779 | – | new | |
| 8 | FS CREDIT OPPORTUNITIES CORP | 4.0% | $12.0m | 1,899,781 | 97% | added | |
| 9 | GUGGENHEIM STRATEGIC OPPORTU | 4.0% | $11.9m | 927,245 | – | new | |
| 10 | PIMCO ACCESS INCOME FUND | 3.9% | $11.4m | 747,910 | 55% | added | |
| 11 | BROOKFIELD REAL ASSETS INCOM | 3.4% | $10.0m | 772,267 | 7% | added | |
| 12 | ASA GOLD AND PRECIOUS MTLS L | 2.7% | $8.0m | 134,342 | -26% | reduced | |
| 13 | SRH TOTAL RETURN FUND INC | 2.4% | $7.1m | 382,005 | 2% | added | |
| 14 | NUVEEN FLOATING RATE INCOME | 2.3% | $6.9m | 876,956 | -32% | reduced | |
| 15 | DUFF & PHELPS UTLITY AND INF | 2.0% | $6.0m | 469,477 | 12% | added | |
| 16 | NEUBERGER NEXT GENERATION | 2.0% | $6.0m | 412,390 | 5% | added | |
| 17 | OXFORD LANE CAP CORP | 2.0% | $5.8m | 399,466 | 75% | added | |
| 18 | PGIM SHORT DUR HIG YLD OPP F | 1.8% | $5.4m | 329,953 | 3% | added | |
| 19 | BLACKROCK SCIENCE & TECHNOLO | 1.6% | $4.9m | 215,176 | 3% | added | |
| 20 | PIMCO DYNAMIC INCOME OPRNTS | 1.6% | $4.8m | 345,432 | 9% | added | |
| 21 | THORNBURG INCM BUILDER OPP T | 1.6% | $4.7m | 231,757 | 2% | added | |
| 22 | TAIWAN FD INC | 1.5% | $4.4m | 82,666 | -2% | reduced | |
| 23 | RIVERNORTH FLEXIBLE MUNI INC | 1.4% | $4.0m | 319,486 | 6% | added | |
| 24 | BLACKROCK TECH AND PRIVATE E | 1.2% | $3.6m | 543,195 | – | new | |
| 25 | EAGLE POINT INCOME COMPANY I | 1.2% | $3.5m | 310,811 | – | new | |
| 26 | XAI OCTAGN FLT RAT & ALT INM | 1.0% | $3.1m | 638,082 | – | new | |
| 27 | ANGEL OAK FINL STRATEGIES IN | 1.0% | $2.9m | 216,513 | 4% | added | |
| 28 | NUVEEN DOW 30 DYNMC OVERWRT | 0.9% | $2.8m | 183,190 | 1% | added | |
| 29 | CENTRAL SECS CORP | 0.9% | $2.8m | 54,569 | 4% | added | |
| 30 | BLACKSTONE LONG SHORT CR INC | 0.9% | $2.7m | 233,050 | 46% | added | |
| 31 | PIMCO DYNAMIC INCOME FD | 0.9% | $2.7m | 152,852 | – | new | |
| 32 | NUVEEN CR STRATEGIES INCOME | 0.9% | $2.7m | 531,122 | -22% | reduced | |
| 33 | VIRTUS CONVERTIBLE & INCOME | 0.9% | $2.6m | 174,319 | – | new | |
| 34 | COHEN & STEERS LTD DURATION | 0.9% | $2.6m | 124,038 | -44% | reduced | |
| 35 | MORGAN STANLEY EMKT DBT FD I | 0.8% | $2.4m | 322,893 | – | new | |
| 36 | BNY MELLON STRATEGIC MUN BD | 0.7% | $2.1m | 341,091 | 1% | added | |
| 37 | MFS HIGH YIELD MUN TR | 0.7% | $2.0m | 558,611 | 2% | added | |
| 38 | EXCHANGE LISTED FDS TR | 0.7% | $1.9m | 84,021 | -15% | reduced | |
| 39 | PIMCO CALIF MUN INCOME FD | 0.7% | $1.9m | 221,201 | 1% | added | |
| 40 | MFS INVT GRADE MUN TR | 0.7% | $1.9m | 242,426 | 1% | added | |
| 41 | GABELLI DIVID & INCOME TR | 0.6% | $1.9m | 68,091 | -28% | reduced | |
| 42 | NYLI CBRE GBL INFR MEGTRNDS | 0.5% | $1.6m | 113,493 | -34% | reduced | |
| 43 | NUVEEN MORTGAGE AND INCOME F | 0.5% | $1.5m | 80,720 | -17% | reduced | |
| 44 | NYLI MACKAY DEFINEDTERM MUNI | 0.5% | $1.4m | 97,226 | 1% | added | |
| 45 | WESTERN ASSET MTG DEFINED OP | 0.5% | $1.3m | 121,852 | -11% | reduced | |
| 46 | BLACKROCK MUN TARGET TERM TR | 0.4% | $1.1m | 49,685 | 1% | added | |
| 47 | CARLYLE CREDIT INCOME FUND | 0.3% | $943.2k | 201,113 | 497% | added | |
| 48 | MFS MUN INCOME TR | 0.3% | $746.5k | 137,475 | 2% | added | |
| 49 | PIMCO CORPORATE & INCOME OPP | 0.2% | $720.1k | 55,818 | – | new | |
| 50 | EAGLE POINT CREDIT COMPANY I | 0.2% | $718.5k | 124,736 | – | new |
Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.