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Key Stats

Net Expense Ratio Discount or Premium to NAV Total Assets Under Management 30-Day Average Daily Volume
3.57% -4.12% -- 64509.93
Weighted Average Dividend Yield Turnover Ratio (Generic) 1 Year Fund Level Flows Max Drawdown (Since Inception)
2.32% 28.00% -- Upgrade

Basic Info

Investment Strategy
The Fund seeks total return with a secondary objective of generating high current income for stockholders. The Fund will focus on investing in equity and junior debt tranches of collateralized loan obligations, or CLOs. CLOs are portfolios of collateralized loans consisting primarily of below investment grade loans.
General
Security Type Closed-End Fund
Equity Style Mid Cap Core
Broad Asset Class Taxable Bond
Broad Category Fixed Income
Global Peer Group Loan Participation Funds
Peer Group Loan Participation Funds
Global Macro Loan Participation Funds
US Macro General Domestic Taxable Fixed Income Funds
YCharts Categorization --
YCharts Benchmark --
Prospectus Objective Loan Participation Funds
Fund Owner Firm Name Thomas J Herzfeld Advisors
Broad Asset Class Benchmark Index
^BBUSATR 100.0%

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Performance Versus Peer Group

 
20%
15%
10%
5%
0
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Name
1M
3M
YTD
1Y
3Y
5Y
10Y
15Y
Total Return (Price)
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Total Return (NAV)
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Peer Group Rtn. (NAV)
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% Rank in Peer Group (NAV)
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Annual Total Returns Versus Peers

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Name
2018
2019
2020
2021
2022
2023
2024
YTD
-27.64%
47.27%
-5.12%
24.46%
-20.27%
-13.60%
2.79%
20.04%
0.01%
8.72%
7.51%
-1.54%
-13.01%
5.53%
1.25%
7.09%
-11.96%
18.64%
-0.84%
25.90%
-16.55%
26.28%
16.06%
-1.53%
-10.05%
23.83%
1.52%
19.36%
-15.48%
30.28%
11.10%
5.93%
-6.95%
16.40%
0.86%
22.88%
-19.17%
29.27%
11.30%
-5.82%
-6.12%
16.83%
2.55%
21.01%
-20.09%
27.54%
13.16%
-5.03%
As of December 20, 2025.

Asset Allocation

As of June 30, 2025.
Type % Net
Cash 49.27%
Stock 19.33%
Bond 31.26%
Convertible 0.00%
Preferred 0.00%
Other 0.14%
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Basic Info

Investment Strategy
The Fund seeks total return with a secondary objective of generating high current income for stockholders. The Fund will focus on investing in equity and junior debt tranches of collateralized loan obligations, or CLOs. CLOs are portfolios of collateralized loans consisting primarily of below investment grade loans.
General
Security Type Closed-End Fund
Equity Style Mid Cap Core
Broad Asset Class Taxable Bond
Broad Category Fixed Income
Global Peer Group Loan Participation Funds
Peer Group Loan Participation Funds
Global Macro Loan Participation Funds
US Macro General Domestic Taxable Fixed Income Funds
YCharts Categorization --
YCharts Benchmark --
Prospectus Objective Loan Participation Funds
Fund Owner Firm Name Thomas J Herzfeld Advisors
Broad Asset Class Benchmark Index
^BBUSATR 100.0%

View Basic Info
Start Trial

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