SCHEDULE 13G/A: Bulldog Investors Discloses Passive 0.04% Stake in Herzfeld Caribbean Basin Fund

Bulldog Investors, LLP and its principals, Phillip Goldstein and Andrew Dakos, have filed an amended Schedule 13G disclosing their passive ownership in Herzfeld Caribbean Fund Inc., holding a combined 0.04% of the common stock.

Summary

• Bulldog Investors, LLP, an investment adviser, along with its principals Phillip Goldstein and Andrew Dakos, have filed an amended Schedule 13G (Amendment No. 1) regarding their beneficial ownership in Herzfeld Caribbean Basin Fund Inc. Common Stock.
• As of March 31, 2025, Bulldog Investors, LLP beneficially owns 6,088 shares, representing 0.04% of the issuer's common stock, with sole voting and dispositive power over these shares.
• Phillip Goldstein beneficially owns 6,720 shares, also representing 0.04% of the common stock, with sole voting and dispositive power over 6,088 shares and shared voting and dispositive power over 632 shares.
• Andrew Dakos is reported to beneficially own 0 shares.
• The filing certifies that the securities were acquired and are held in the ordinary course of business and not for the purpose of or with the effect of changing or influencing the control of the issuer, other than activities solely in connection with a nomination under Rule 240.14a-11.

Sentiment

Score: 5

Explanation: The document is a standard passive ownership disclosure (Schedule 13G) and does not contain information that would significantly alter the perception of the company's performance or outlook. It is purely factual regarding ownership.

Future Outlook

NA

Industry Context

This Schedule 13G filing is a routine disclosure by an institutional investor and its principals, indicating a passive, non-controlling stake in a publicly traded investment fund. Such filings provide transparency regarding significant ownership positions in the market.

Stakeholder Impact

• Shareholders: Provides transparency regarding the beneficial ownership of a small, passive stake by an institutional investor.

Key Dates

Keywords

Herzfeld Caribbean Basin Fund Inc., Bulldog Investors LLP, Phillip Goldstein, Andrew Dakos, Schedule 13G, Beneficial Ownership, Common Stock, Investment Adviser, Passive Investment