Thomas J. Herzfeld Advisors, Inc. (TJH), founded in 1984, is one of the oldest investment management firms in the United States to exclusively specialize in the field of closed-end funds (CEF). TJH and its affiliates offer individuals and institutions highly customized and active investment management strategies spanning the entire CEF universe, including balanced and alternative trading strategies. In addition to offering discretionary account management to individual and institutional investors, TJH also offers a mutual fund (VHFAX), and a publicly traded fund (NASDAQ: CUBA) focused on the Caribbean Basin (including Cuba, as legally permissible). The firm created the industry benchmark, featured in Barron's weekly since 1987. TJH has been independently verified, and claims compliance with the Global Investment Performance Standards (GIPS®). For more information, please contact us at 305-TJH-FUND.