0001398344-12-001809.txt : 20120514 0001398344-12-001809.hdr.sgml : 20120514 20120514160829 ACCESSION NUMBER: 0001398344-12-001809 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20120331 FILED AS OF DATE: 20120514 DATE AS OF CHANGE: 20120514 EFFECTIVENESS DATE: 20120514 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Thomas J. Herzfeld Advisors, Inc. CENTRAL INDEX KEY: 0001509510 IRS NUMBER: 592414380 STATE OF INCORPORATION: FL FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-14375 FILM NUMBER: 12838766 BUSINESS ADDRESS: STREET 1: PO BOX 161465 CITY: MIAMI STATE: FL ZIP: 33116 BUSINESS PHONE: 305-271-1900 MAIL ADDRESS: STREET 1: PO BOX 161465 CITY: MIAMI STATE: FL ZIP: 33116 13F-HR 1 fp0004893_13fhr.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F Form 13F COVER PAGE Report for the Calendar Year or Quarter Ended: March 31, 2012 Check here if Amendment [ ]; Amendment Number: This Amendment (Check only one.): [ ] is a restatement. [ ] adds new holdings entries. Institutional Investment Manager Filing this Report: Name: Thomas J. Herzfeld Advisors, Inc. Address: 119 Washington Ave, Suite 504 Miami Beach, FL 33139 Form 13F File Number: 028-14375 The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: Thomas J. Herzfeld Title: President Phone: (305) 271-1900 Signature, Place, and Date of Signing: /s/ Thomas J. Herzfeld Miami, FL May 14, 2012 ---------------------- --------- ------------ [Signature] [City, State] [Date] Report Type (Check only one.): [X] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.) [ ] 13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).) [ ] 13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).) List of Other Managers Reporting for this Manager: [If there are no entries in this list, omit this section.] Form 13F File Number Name Form 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 ----------- Form 13F Information Table Entry Total: 225 ----------- Form 13F Information Table Value Total: $ 115,816 ----------- (thousands) List of Other Included Managers: Provide a numbered list of the names(s) and Form 13F file numbers(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report. [If there are no entries in this list, state "NONE" and omit the column headings and list entries.] NONE

COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 ------------------------------- --------------- --------- ----------- -------------------- ---------- -------- --------------------- VOTING AUTHORITY TITLE OF VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER --------------------- NAME OF ISSUER CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE ------------------------------- --------------- --------- ----------- ----------- --- ---- ---------- -------- --------- ------ ---- Adams Express common stock 006212104 2,716 247,379 247,379 Alliance Bernstein Income Fund common stock 01881E101 254 31,000 31,000 Alpine Global Premier Properties Fund common stock 02083A103 466 71,661 71,661 Alpine Total Dynamic Dividend Fund common stock 021060108 194 41,000 41,000 American Select Portfolio common stock 029570108 167 15,998 15,998 American Strategic Income Portfolio common stock 030098107 46 3,900 3,900 American Strategic Income Portfolio II common stock 030099105 904 108,920 108,920 American Strategic Income Portfolio III common stock 03009T101 967 138,200 138,200 ASA Gold and Precious Metals common stock G3156P103 180 7,000 7,000 Asia Pacific Fund common stock 044901106 11 1,000 1,000 Asia Tigers Fund common stock 04516T105 18 1,356 1,356 Bancroft Fund common stock 059695106 481 28,834 28,834 BlackRock Build America Bond Trust common stock 09248X100 217 10,101 10,101 BlackRock Credit Allocation Income Trust II common stock 09255H105 860 81,800 81,800 BlackRock Credit Allocation Income Trust III common stock 09249V103 485 43,200 43,200 BlackRock Credit Allocation Income Trust IV common stock 092508100 1,215 92,944 92,944 BlackRock Enhanced Dividend Achievers Trust common stock 09251A104 739 98,515 98,515 BlackRock Income Trust common stock 09247F100 440 59,267 59,267 BlackRock International Growth & Income Trust common stock 092524107 16 2,000 2,000 BlackRock MuniYield California Insured Fund common stock 09254N103 147 9,900 9,900 Boulder Growth and Income Fund common stock 101507101 355 56,545 56,545 Boulder Total Return Fund common stock 101541100 227 36,215 36,215 Brantley Capital common stock 105494108 14 59,109 59,109 Calamos Global Dynamic Income Fund common stock 12811L107 70 7,944 7,944 Calamos Strategic Total Return Fund common stock 128125101 1,319 131,853 131,853 Central Europe and Russia Fund common stock 153436100 254 7,245 7,245 Central Securities common stock 155123102 1,107 50,035 50,035 Clough Global Allocation Fund common stock 18913Y103 259 18,601 18,601 Clough Global Equity Fund common stock 18914C100 1,188 76,486 76,486 Clough Global Opportunities Fund common stock 18914E106 1,237 104,985 104,985 Cohen & Steers Global Income Builder common stock 19248M103 58 5,400 5,400 Cohen & Steers Select Utility Fund common stock 19248A109 876 52,744 52,744 Cornerstone Strategic Value Fund common stock 21924B203 10 1,293 1,293 Cornerstone Total Return Fund common stock 21924U201 2 300 300 Cutwater Select Income Fund common stock 232229104 499 25,300 25,300 Delaware Investments CO Insured Municipal Income common stock 246101109 58 4,000 4,000 Delaware Investments Minnesota Municipal Income II common stock 24610V103 140 9,814 9,814 Diamond Hill Financial Trends Fund common stock 25264C101 110 10,222 10,222 Dividend & Income Fund common stock 25538A105 51 14,050 14,050 DWS Global High Income common stock 23338W104 53 6,600 6,600 Eagle Capital Growth Fund common stock 269451100 30 4,500 4,500 Eaton Vance Tax-Managed Global Buy-Write Opp. Fund common stock 27829C105 730 66,166 66,166 Eaton Vance Enhanced Equity Income Fund common stock 278274105 193 17,422 17,422 Eaton Vance Enhanced Equity Income Fund II common stock 278277108 133 12,180 12,180 Eaton Vance Risk-Managed Diversified Equity Income Fund common stock 27829G106 4,214 397,901 397,901 Eaton Vance Tax Advantage Bond and Option Strategies common stock 27829M103 510 30,177 30,177 Eaton Vance Tax Advantaged Global Dividend Opportunity Fund common stock 27828U106 135 6,911 6,911 Eaton Vance Tax-Managed Buy-Write Income Fund common stock 27828X100 137 10,000 10,000 Eaton Vance Tax-Managed Buy-Write Opportunities Fund common stock 27828Y108 214 16,500 16,500 Eaton Vance Tax-Managed Diversified Equity Income Fund common stock 27828N102 2,154 226,020 226,020 Eaton Vance Tax-Managed Global Diversified Equity Income Fund common stock 27829F108 3,501 392,943 392,943 Aberdeen Emerging Markets Telecommunications Fund common stock 00301T102 66 3,400 3,400 Engex common stock 292851102 36 13,097 13,097 Enzo Biochem common stock 294100102 8 3,000 3,000 Equus Total Return common stock 294766100 342 150,631 150,631 European Equity Fund common stock 298768102 105 15,500 15,500 Federated Enhanced Treasury Income Fund common stock 314162108 4,169 282,437 282,437 Aberdeen Israel Fund common stock 00301L109 38 2,750 2,750 First Opportunity Fund common stock 33587T108 4,696 666,113 666,113 First Trust/Aberdeen Emerging Opportunities Fund common stock 33731K102 36 1,730 1,730 Foxby Corp. common stock 351645106 154 97,538 97,538 Franklin Universal Trust common stock 355145103 70 5,000 5,000 Gabelli Convertible and Income Securities Preferred Series B preferred stock 36240B307 78 3,054 3,054 Gabelli Dividend and Income Trust common stock 36242H104 437 26,666 26,666 Gabelli Dividend and Income Trust Preferred Series A preferred stock 36242H203 26 1,000 1,000 Gabelli Equity Trust common stock 362397101 15 2,564 2,564 Gabelli Equity Trust Preferred Series D preferred stock 362397705 222 8,672 8,672 GDL Fund common stock 361570104 295 24,012 24,012 Gabelli Multimedia Trust common stock 36239Q109 446 61,647 61,647 Gabelli Multimedia Trust preferred Series B preferred stock 36239Q307 203 7,934 7,934 Gabelli Healthcare and Wellness Trust common stock 36246K103 418 50,222 50,222 GDL Fund Preferred Series B preferred stock 361570302 2,359 46,810 46,810 General American Investors common stock 368802104 1,747 60,250 60,250 General American Investors Preferred Series B preferred stock 368802401 195 7,600 7,600 Global Income and Currency fund common stock 378968101 461 33,597 33,597 Global Income Fund common stock 37934Y108 66 16,250 16,250 Greater China Fund common stock 39167B102 624 54,262 54,262 Guggenheim Enhanced Equity Strategy Fund common stock 40167K100 52 3,016 3,016 Guggenheim Equal Weight Enhanced Equity Income common stock 40167M106 30 1,563 1,563 H&Q Healthcare Investors common stock 404052102 372 22,557 22,557 H&Q Life Sciences Investors Fund common stock 404053100 67 4,853 4,853 Helios Strategic Income Fund common stock 42328A203 152 25,510 25,510 Pyxis Credit Strategies Fund common stock 74734W107 2 300 300 Aberdeen Indonesia Fund common stock 00305P106 549 43,121 43,121 CBRE Clarion Global Real Estate Income Fund common stock 12504G100 72 9,000 9,000 Japan Equity Fund common stock 471057109 877 154,610 154,610 Japan Smaller Capitalization Fund common stock 47109U104 220 28,143 28,143 JF China Region Fund common stock 46614T107 173 13,567 13,567 John Hancock Hedged Equity & Income Fund common stock 47804L102 346 21,001 21,001 JZ Capital Partners common stock G5216J134 345 60,000 60,000 Korea Fund common stock 500634209 1,334 32,900 32,900 Aberdeen Latin America Equity Fund common stock 00306K106 3 88 88 Liberty All-Star Equity Fund common stock 530158104 1,710 346,956 346,956 Liberty All-Star Growth Fund common stock 529900102 34 7,757 7,757 LMP Real Estate Income Fund common stock 50208C108 62 6,000 6,000 Macquarie Global Infrastructure Total Return Fund common stock 55608D101 488 26,433 26,433 Madison Strategic Sector Premium Fund common stock 558268108 71 6,043 6,043 Madison/Claymore Covered Call & Equity Strategy Fund common stock 556582104 8 1,000 1,000 Malaysia Fund common stock 560905101 21 2,000 2,000 Mexico Equity & Income Fund common stock 592834105 190 16,696 16,696 Mexico Fund common stock 592835102 82 3,256 3,256 MFS Intermarket Income Trust I common stock 59318R103 422 50,467 50,467 Montgomery Street Income Securities common stock 614115103 715 45,222 45,222 Morgan Stanley Asia Pacific Fund common stock 61744U106 394 26,512 26,512 Morgan Stanley China A Share Fund common stock 617468103 232 11,837 11,837 Morgan Stanley Eastern Europe Fund common stock 616988101 50 3,000 3,000 Morgan Stanley Emerging Market Debt Fund common stock 61744H105 580 53,466 53,466 Morgan Stanley Emerging Markets common stock 61744G107 99 6,800 6,800 Morgan Stanley Frontier Emerging Markets Fund common stock 61757P101 165 14,504 14,504 Morgan Stanley India Investment Fund common stock 61745C105 233 14,100 14,100 MS Insured CA Municipal Securities common stock 46130W105 105 7,192 7,192 MVC Capital Corp. common stock 553829102 44 3,318 3,318 NASDAQ Premium Income & Growth Fund common stock 63110R105 16 1,023 1,023 Neuberger Berman Real Estate Securities Income Fund common stock 64190A103 561 131,184 131,184 New Germany Fund common stock 644465106 664 44,015 44,015 New Ireland Fund common stock 645673104 148 18,278 18,278 Nuveen CA Premium Income Municipal Fund Preferred Series C preferred stock 6706L0300 10 1,000 1,000 Nuveen Core Equity Alpha Fund common stock 67090X107 15 1,113 1,113 Nuveen Equity Premium & Growth Fund common stock 6706EW100 80 6,001 6,001 Nuveen GA Dividend Advantage Municipal Fund 2 Preferred Series C preferred stock 67072B107 25 2,500 2,500 Nuveen GA Dividend Advantage Municipal Fund Preferred Series C preferred stock 67070T308 20 2,000 2,000 Nuveen GA Premium Income Municipal Fund Preferred Series C preferred stock 67060F300 10 1,000 1,000 Nuveen Insured Municipal Opportunity Fund common stock 670984103 6 400 400 Nuveen MD Premium Income Fund Preferred Series C preferred stock 67061Q404 20 2,000 2,000 Nuveen MI Premium Income Municipal Fund common stock 67101Q109 330 22,221 22,221 Nuveen MI Quality Income Municipal Fund common stock 670979103 26 1,726 1,726 Nuveen Multi-Currency Short-Term Government Income Fund common stock 67090N109 1,848 139,774 139,774 Nuveen Pfd Income Opp. Fund common stock 67073B106 151 17,000 17,000 Nuveen Credit Strategies Inc. Fund common stock 67073D102 270 30,067 30,067 Nuveen PA Municiple Value Fund common stock 67074K105 16 1,100 1,100 Nuveen Pennsylvania Dividend Advantage Fund Preferred Series C preferred stock 67071W300 10 1,000 1,000 Nuveen Tax-Advantaged Dividend Growth Fund common stock 67073G105 26 1,904 1,904 Nuveen Tax-Advantaged Floating Rate Fund common stock 6706EV102 224 92,336 92,336 Nuveen Tax-Advantaged Total Return Strategy Fund common stock 67090H102 33 3,000 3,000 Nuveen VA Premium Income Municipal Preferred Series C preferred stock 67064R409 25 2,500 2,500 Petroleum & Resources Corp. common stock 716549100 2,525 97,163 97,163 RENN Global Entrepreneurs Fund common stock 759720105 224 114,638 114,638 RMR Real Estate Income Fund common stock 76970B101 2,779 172,580 172,580 Royce Focus Trust common stock 78080N108 236 26,352 26,352 Royce Focus Trust Preferred Series A preferred stock 78080N306 26 1,000 1,000 Royce Micro-Cap Trust, Inc. common stock 780915104 706 75,045 75,045 Royce Micro-Cap Trust, Inc. Preferred Series A preferred stock 780915302 84 3,300 3,300 Royce Value Trust common stock 780910105 2,072 149,169 149,169 Royce Value Trust Preferred Series B preferred stock 780910402 147 5,739 5,739 Singapore Fund common stock 82929L109 39 3,047 3,047 Source Capital common stock 836144105 296 5,591 5,591 Special Opportunities Fund common stock 84741T104 32 2,000 2,000 Starbucks Corp. common stock 855244109 34 600 600 Swiss Helvetia Fund common stock 870875101 93 8,324 8,324 Taiwan Fund common stock 874036106 118 7,000 7,000 Templeton Dragon Fund common stock 88018T101 45 1,600 1,600 The China Fund common stock 169373107 233 10,000 10,000 The Herzfeld Caribbean Basin Fund common stock 42804T106 1,818 247,719 207,030 40,689 Tim Hortons Inc. common stock 88706M103 1 13 13 Tortoise Capital Resources Corporation common stock 89147N304 4 510 510 Tri-Continental Corp. common stock 895436103 3,977 249,823 249,823 Tri-Continental Corp. preferred preferred stock 895436202 25 500 500 Turkish Investment Fund common stock 900145103 156 11,400 11,400 Tuxis Corporation common stock 901144105 9 6,900 6,900 VelocityShares Daily Inverse VIX Short common stock 22542D795 614 50,000 50,000 Virtus Total Return Fund common stock 92829A103 3,948 1,038,881 1,038,881 Western Asset Worldwide Income Fund common stock 957668106 658 45,421 45,421 Western Asset Claymore Inflation Linked Opportunities Fund common stock 95766R104 204 15,924 15,924 Western Asset Claymore Inflation Linked Securities Fund common stock 95766Q106 38 3,000 3,000 Western Asset Emerging Markets Debt Fund common stock 95766A101 1,628 80,884 80,884 Western Asset Inflation Management Fund common stock 95766U107 93 5,261 5,261 Zweig Fund common stock 989834106 220 68,452 68,452 Zweig Total Return Fund common stock 989837109 1,236 386,365 386,365 AMERICA MOVIL ADR SERIES L common stock 02364W105 1,110 44,690 44,690 AMERICA MOVIL SAB DE C SER A common stock 264997909 89 71,200 71,200 AMERICA MOVIL SAB DE C SER L common stock 266747906 260 209,144 209,144 ATLANTIC TELE NETWORK INC common stock 049079205 462 12,698 12,698 BANCO LATINOAMERICANO COME E common stock P16994132 866 41,000 41,000 BANCOLOMBIA S.A. SPONS ADR common stock 05968L102 1,279 19,780 19,780 BCB HOLDINGS LTD common stock 072536907 23 70,348 70,348 CARIBBEAN UTILITIES CO LTD A common stock G1899E146 120 12,000 12,000 CARNIVAL CORP common stock 143658300 1,315 41,000 41,000 CEMEX SAB CPO common stock 240645903 45 58,021 58,021 CEMEX SAB SPONS ADR PART CER common stock 151290889 447 57,656 57,656 CHIQUITA BRANDS INTL common stock 170032809 176 20,000 20,000 COCA COLA FEMSA SAB SP ADR common stock 191241108 2,383 22,500 22,500 CONSOLIDATED WATER CO ORD SH common stock G23773107 529 66,841 66,841 COPA HOLDINGS SA CLASS A common stock P31076105 2,257 28,500 28,500 DORAL FINANCIAL CORP common stock 25811P886 18 11,500 11,500 FOMENTO ECONOMICO MEX SP ADR common stock 344419106 494 6,000 6,000 FOMENTO ECONOMICO MEXICA UBD common stock 224205906 155 18,900 18,900 FREEPORT MCMORAN COPPER common stock 35671D857 76 2,000 2,000 FRESH DEL MONTE PRODUCE INC common stock G36738105 450 19,690 19,690 FUEGO ENTERPRISES INC common stock 35953E102 5 377,100 377,100 GARMIN LIMITED common stock H2906T109 8 168 168 GELTECH SOLUTIONS INC common stock 368537106 20 25,000 25,000 GRUPO AEROPORTUARIO DE SUR B common stock 263934903 5 700 700 GRUPO CASA SABA SA SPON ADR common stock 40048P104 145 15,273 15,273 GRUPO ELEKTRA SA common stock 296708902 119 1,270 1,270 GRUPO MEXICO SA SER B common stock 264367905 12 3,872 3,872 GRUPO RADIO CENTRO SAB SP AD common stock 40049C102 226 23,666 23,666 GRUPO TELEVISA SA SPON ADR common stock 40049J206 683 32,400 32,400 GRUPO TMM SA SP ADR A common stock 40051D303 25 12,280 12,280 HOMEX DEVELOPMENT CORP. ADR common stock 25030W100 77 4,100 4,100 IMPELLAM GROUP PLC common stock B2Q2M0909 73 13,000 13,000 KIMBERLY CLARK MEXICO CL A common stock 249191008 41 18,300 18,300 LENNAR CORP A common stock 526057104 1,019 37,500 37,500 MARGO CARIBE INC common stock 566605101 225 64,239 64,239 MARTIN MARIETTA MATERIALS common stock 573284106 240 2,800 2,800 MASTEC INC common stock 576323109 1,341 74,132 74,132 NORFOLK SOUTHERN CORP common stock 655844108 1,218 18,500 18,500 POPULAR INC common stock 733174106 123 60,000 60,000 PRICEMART INC common stock 741511109 847 12,000 12,000 RAILAMERICA INC common stock 750753402 644 30,000 30,000 ROYAL CARIBBEAN CRUISES LTD common stock V7780T103 1,295 44,000 44,000 SEABOARD CORP common stock 811543107 2,577 1,321 1,321 SEACOR HOLDINGS INC common stock 811904101 192 2,000 2,000 SHELLPROOF LTD common stock B2R9C9905 3 4,420 4,420 SHELLSHOCK LTD common stock B27W7V903 2 3,250 3,250 SPANISH BROADCASTING SYS A common stock 846425882 54 8,030 8,030 STEINER LEISURE LTD common stock P8744Y102 709 14,527 14,527 TECO ENERGY INC common stock 872375100 799 45,500 45,500 TEEKAY CORP common stock Y8564W103 348 10,000 10,000 TEEKAY LNG PARTNERS LP common stock Y8564M105 327 8,361 8,361 TRAILER BRIDGE INC common stock 892782103 15 93,687 93,687 ULTRAPETROL (BAHAMAS) LTD common stock P94398107 56 28,000 28,000 VULCAN MATERIALS common stock 929160109 231 5,400 5,400 WALMART DE MEXICO SER V common stock B02YZ0905 302 90,222 90,222 WATSCO INC common stock 942622200 2,081 28,100 28,100 WESTERN UNION CO common stock 959802109 352 20,000 20,000