Herzfeld Caribbean Basin Fund Executive Sold 200,000 Shares

Thomas Herzfeld, President of the

recently sold 200,000 shares. According to a Form 4 SEC Filing, Herzfeld disclosed he had sold 100,000 shares of the fund on December 19 at a price of $11.5174. On December 22, Herzfeld sold an additional 100,000 shares of the fund at a cost of $13.0865. Shares of the fund soared after the U.S. government announced it will seek to normalize relations with the Cuban government. Based on the SEC filing, the executive still holds 324,722 shares.