Thomas J. Herzfeld Advisors, Inc.
A manager that has invested in closed-end funds for decades.
Right now Herzfeld has stakes in 2 funds and is pushing for changes at 0 of them.
It has been in 3 other funds before and has since sold down. Newest move: Oct 28, 2026, at PennantPark Enhanced Income Fund.
What they usually do
A manager that has invested in closed-end funds for decades. It usually holds as a passive investor and occasionally asks a fund for changes.
Funds they are in right now
Recent moves
-
Oct 28, 2026
PennantPark Enhanced Income Fund: Herzfeld cut its stake to 6.5% (from 8.9%), as a passive investor.
Original document → -
Oct 26, 2026
Started a fight over the vote at HERZ.
Original document → -
July 10, 2026
PennantPark Enhanced Income Fund: Herzfeld now owns 8.9%, as a passive investor.
Original document → -
April 8, 2026
SABA - Saba Capital Income & Opportunities Fund II: Herzfeld sold down below 5% and stopped reporting.
Original document → -
Oct 29, 2025
HFRO - Highland Opportunities & Income Fund: Herzfeld now owns 5.1%, as a passive investor.
Original document → -
Oct 14, 2025
Started a fight over the vote at HERZ.
Original document → -
July 16, 2025
NSLR - Neostellar Capital Corp.: Herzfeld sold down below 5% and stopped reporting.
Original document → -
July 16, 2025
DMA - Destra Multi-Alternative Fund: Herzfeld sold down below 5% and stopped reporting.
Original document →
Show all 20 moves
-
June 3, 2025
Started a fight over the vote at HERZ.
Original document → -
April 7, 2025
SABA - Saba Capital Income & Opportunities Fund II: Herzfeld raised its stake to 6.1% (from 5.1%), as a passive investor.
Original document → -
April 7, 2025
NSLR - Neostellar Capital Corp.: Herzfeld raised its stake to 7.3% (from 5.8%), as a passive investor.
Original document → -
Jan 21, 2025
NSLR - Neostellar Capital Corp.: Herzfeld now owns 5.8%, as a passive investor.
Original document → -
Jan 21, 2025
SABA - Saba Capital Income & Opportunities Fund II: Herzfeld now owns 5.1%, as a passive investor.
Original document → -
Oct 2, 2024
DMA - Destra Multi-Alternative Fund: Herzfeld now owns 7.3%, as a passive investor.
Original document → -
Oct 2, 2024
OCCI - OFS Credit Company: Herzfeld sold down below 5% and stopped reporting.
Original document → -
Oct 2, 2024
Tortoise Energy Independence Fund: Herzfeld sold down below 5% and stopped reporting.
Original document → -
Oct 2, 2024
PCF - High Income Securities Fund: Herzfeld now owns 5.3%, as a passive investor.
Original document → -
Sept 30, 2024
Started a fight over the vote at HERZ.
Original document → -
Jan 17, 2024
Tortoise Energy Independence Fund: Herzfeld now owns 5.5%, as a passive investor.
Original document → -
Jan 17, 2024
OCCI - OFS Credit Company: Herzfeld filed a notice about its stake, as a passive investor.
Original document →
Funds they have left (3)
Details
See this investor's page at the SEC →
Email me whenever Herzfeld files something new
Free. One email per notice or announcement, usually within a day. No password. Most funds announce payout changes on their own website, where we do not look.