President

0001398344-15-000981.txt : 20150213 0001398344-15-000981.hdr.sgml : 20150213 20150213160946 ACCESSION NUMBER: 0001398344-15-000981 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20141231 FILED AS OF DATE: 20150213 DATE AS OF CHANGE: 20150213 EFFECTIVENESS DATE: 20150213 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: 15614517 BUSINESS ADDRESS: STREET 1: 119 WASHINGTON AVENUE, SUITE 504 CITY: MIAMI BEACH STATE: FL ZIP: 33139 BUSINESS PHONE: 305-271-1900 MAIL ADDRESS: STREET 1: 119 WASHINGTON AVENUE, SUITE 504 CITY: MIAMI BEACH STATE: FL ZIP: 33139 13F-HR 1 primary_doc.xml 13F-HR LIVE false false false 0001509510 XXXXXXXX 12-31-2014 12-31-2014 false Thomas J. Herzfeld Advisors, Inc.

119 Washington Avenue, Suite 504 Miami Beach FL 33139

13F HOLDINGS REPORT 028-14375 N Thomas J. Herzfeld President 305-271-1900 /s/ Thomas J. Herzfeld Miami Beach FL 02-13-2015 0 308 199122 INFORMATION TABLE 2 fp0013253_13fhr-table.xml 13F INFORMATION TABLE 3M Company common stock 88579Y101 12 74 SH SOLE 74 0 0 Abbott Laboratories common stock 002824100 11 253 SH SOLE 253 0 0 Aberdeen Asia-Pacific Income Fund, Inc. common stock 003009107 1104 198879 SH SOLE 198879 0 0 Aberdeen Emerging Markets Smaller Company Opportunities Fund, Inc. common stock 00301T102 65 4964 SH SOLE 4964 0 0 Aberdeen Indonesia Fund, Inc. common stock 00305P106 200 23835 SH SOLE 23835 0 0 Aberdeen Israel Fund, Inc. common stock 00301L109 46 2750 SH SOLE 2750 0 0 Aberdeen Japan Equity Fund, Inc. common stock 00306J109 1911 282238 SH SOLE 282238 0 0 Aberdeen Latin America Equity Fund, Inc. common stock 00306K106 2 88 SH SOLE 88 0 0 Aberdeen Singapore Fund, Inc. common stock 003244100 317 26585 SH SOLE 26585 0 0 ACE Limited common stock H0023R105 10 88 SH SOLE 88 0 0 Adams Express Company common stock 006212104 5509 402677 SH SOLE 402677 0 0 Advent/Claymore Enhanced Growth & Income Fund common stock 00765E104 409 45965 SH SOLE 45965 0 0 AllianceBernstein Global High Income Fund, Inc. common stock 01879R106 392 31513 SH SOLE 31513 0 0 AllianzGI Equity & Convertible Income Fund common stock 018829101 41 2000 SH SOLE 2000 0 0 Alpine Global Dynamic Dividend Fund common stock 02082E205 2638 268076 SH SOLE 268076 0 0 Alpine Total Dynamic Dividend Fund common stock 021060207 4864 572855 SH SOLE 572855 0 0 Altria Group Inc. common stock 02209S103 8 167 SH SOLE 167 0 0 Ambev S.A. common stock 02319V103 7 1105 SH SOLE 1105 0 0 America Movil S.A.B. de C.V. common stock 02364W105 991 44690 SH SOLE 44690 0 0 American Electric Power Co., Inc. common stock 025537101 9 152 SH SOLE 152 0 0 American Express Company common stock 025816109 11 119 SH SOLE 119 0 0 Anheuser-Busch InBev common stock 03524A108 7 64 SH SOLE 64 0 0 Apollo Tactical Income Fund Inc common stock 037638103 931 58353 SH SOLE 58353 0 0 Ares Multi-Strategy Credit Fund common stock 04014Q108 65 3316 SH SOLE 3316 0 0 ASA Gold and Precious Metals Limited common stock G3156P103 104 10307 SH SOLE 10307 0 0 Asia Pacific Fund common stock 044901106 58 5150 SH SOLE 5150 0 0 Atlantic Tele Network, Inc. common stock 049079205 810 11988 SH SOLE 11988 0 0 Avenue Income Credit Strategies Fund common stock 05358E106 139 9185 SH SOLE 9185 0 0 Avianca Holdings S.A. common stock 05367G100 1040 88682 SH SOLE 88682 0 0 Baidu, Inc. common stock 056752108 10 42 SH SOLE 42 0 0 Banco Santander, S.A. common stock 05964H105 8 968 SH SOLE 968 0 0 Bancolombia S.A. common stock 05968L102 947 19780 SH SOLE 19780 0 0 Bancroft Fund Ltd. common stock 059695106 624 31101 SH SOLE 31101 0 0 Barclays PLC common stock 06738E204 10 652 SH SOLE 652 0 0 BlackRock Core Bond Trust common stock 09249E101 3 200 SH SOLE 200 0 0 BlackRock Credit Allocation Income Trust common stock 092508100 1312 101530 SH SOLE 101530 0 0 BlackRock Energy & Resources Trust common stock 09250U101 39 1935 SH SOLE 1935 0 0 BlackRock Enhanced Equity Dividend Trust common stock 09251A104 11 1382 SH SOLE 1382 0 0 BlackRock Income Trust, Inc. common stock 09247F100 32 5000 SH SOLE 5000 0 0 BlackRock Multi-Sector Income Trust common stock 09258A107 325 19406 SH SOLE 19406 0 0 BlackRock Resources & Commodities Strategy Trust common stock 09257A108 163 16756 SH SOLE 16756 0 0 BlackRock Science and Technology Trust common stock 09258G104 2380 135326 SH SOLE 135326 0 0 BlackRock Utility & Infrastructure Trust common stock 09248D104 98 4746 SH SOLE 4746 0 0 Blackstone/GSO Strategic Credit Fund common stock 09257R101 428 26001 SH SOLE 26001 0 0 Boulder Growth and Income Fund, Inc. common stock 101507101 1945 214942 SH SOLE 214942 0 0 Boulder Total Return Fund, Inc. common stock 101541100 1351 48673 SH SOLE 48673 0 0 BP PLC common stock 055622104 7 177 SH SOLE 177 0 0 British America Tobacco PLC common stock 110448107 6 59 SH SOLE 59 0 0 Brookfield Mortgage Opportunity Income Fund common stock 112792106 82 5001 SH SOLE 5001 0 0 Cameco Corporation common stock 13321L108 6 396 SH SOLE 396 0 0 Canadian Natural Resrouces Limited common stock 136385101 9 276 SH SOLE 276 0 0 Canadian Pacific Railway Limited common stock 13645T100 13 65 SH SOLE 65 0 0 Carnival Corp. common stock 143658300 1405 31000 SH SOLE 31000 0 0 Cemex, S.A.B. de C.V. common stock 151290889 1149 112743 SH SOLE 112743 0 0 Center Coast MLP & Infrastructure Fund common stock 151461100 43 2399 SH SOLE 2399 0 0 Central Europe Russia and Turkey Fund common stock 153436100 82 4122 SH SOLE 4122 0 0 Central Fund of Canada Limited (USA) common stock 153501101 93 8000 SH SOLE 8000 0 0 Central Securities Corp. common stock 155123102 764 34769 SH SOLE 34769 0 0 China Fund, Inc. common stock 169373107 91 5000 SH SOLE 5000 0 0 China Unicom (Hong Kong) Limited common stock 16945R104 7 515 SH SOLE 515 0 0 ClearBridge Energy MLP Fund Inc. common stock 184692101 524 18972 SH SOLE 18972 0 0 Clough Global Allocation Fund common stock 18913Y103 576 38994 SH SOLE 38994 0 0 Clough Global Equity Fund common stock 18914C100 1228 84779 SH SOLE 84779 0 0 Clough Global Opportunities Fund common stock 18914E106 3895 303857 SH SOLE 303857 0 0 Coca Cola Femsa S.A.B. de C.V. common stock 191241108 761 8799 SH SOLE 8799 0 0 Cohen & Steers Infrastructure Fund, Inc. common stock 19248A109 1688 74313 SH SOLE 74313 0 0 Cohen & Steers MLP Income and Energy Opportunity Fund common stock 19249B106 147 7496 SH SOLE 7496 0 0 Cohen & Steers Total Return Realty Fund common stock 19247R103 753 57060 SH SOLE 57060 0 0 Companhia Brasileira de Disrtibuicao common stock 20440T201 4 119 SH SOLE 119 0 0 Companhia de Saneamento Basico do Estado de Sao Paulo common stock 20441A102 6 974 SH SOLE 974 0 0 Consolidated Water Co. Ltd. common stock G23773107 1338 125238 SH SOLE 125238 0 0 Consumer Discret Select Sector SPDR ETF common stock 81369Y407 16 225 SH SOLE 225 0 0 Copa Holdings SA common stock P31076105 3918 37800 SH SOLE 37800 0 0 Cornerstone Progressive Return Fund common stock 21925C200 994 65346 SH SOLE 65346 0 0 Cornerstone Strategic Value Fund Inc. common stock 21924B302 11 555 SH SOLE 555 0 0 Credicorp Ltd. common stock G2519Y108 9 59 SH SOLE 59 0 0 Cushing Renaissance Fund common stock 231647108 328 15387 SH SOLE 15387 0 0 CVS Health Corporation common stock 126650100 9 91 SH SOLE 91 0 0 Cyberonics, Inc. common stock 23251P102 1021 18330 SH SOLE 18330 0 0 Delaware Enhanced Global Dividend & Income Fund common stock 246060107 477 42322 SH SOLE 42322 0 0 Delaware Investments Dividend & Income Fund, Inc. common stock 245915103 67 6767 SH SOLE 6767 0 0 Deutsche Global High Income Fund common stock 25158V108 14 1802 SH SOLE 1802 0 0 Deutsche Multi-Market Income Trust common stock 25160E102 40 4751 SH SOLE 4751 0 0 Deutsche Strategic Income Trust common stock 25160F109 23 2000 SH SOLE 2000 0 0 Diversified Real Asset Income Fund common stock 25533B108 2277 131272 SH SOLE 131272 0 0 Dominion Resources, Inc. common stock 25746U109 8 104 SH SOLE 104 0 0 DoubleLine Income Solutions Fund common stock 258622109 3358 168746 SH SOLE 168746 0 0 Duff & Phelps Global Utility Income Fund, Inc. common stock 26433C105 52 2410 SH SOLE 2410 0 0 Duff & Phelps Select Energy MLP common stock 26433F108 292 20600 SH SOLE 20600 0 0 Eaton Vance Floating-Rate Income Plus Fund common stock 278284104 151 9331 SH SOLE 9331 0 0 Eaton Vance Limited Duration Income Fund common stock 27828H105 77 5440 SH SOLE 5440 0 0 Eaton Vance Michigan Municipal Income Trust common stock 27826D106 1 100 SH SOLE 100 0 0 EGShares Emerging Markets Consumer common stock 268461779 2 72 SH SOLE 72 0 0 Equus Total Return, Inc. common stock 294766100 185 88121 SH SOLE 88121 0 0 Era Group Inc. common stock 26885G109 250 11815 SH SOLE 11815 0 0 European Equity Fund, Inc. common stock 298768102 151 18296 SH SOLE 18296 0 0 Evertec Inc. common stock 30040P103 501 22643 SH SOLE 22643 0 0 Exxon Mobil Corporation common stock 30231G102 8 86 SH SOLE 86 0 0 Federated Enhanced Treasury Income Fund common stock 314162108 2776 208436 SH SOLE 208436 0 0 FedEx Corporation common stock 31428X106 69 400 SH SOLE 400 0 0 Financial Select Sector SPDR ETF common stock 81369Y605 7 302 SH SOLE 302 0 0 First Opportunity Fund, Inc. common stock 33587T108 7376 772342 SH SOLE 772342 0 0 First Trust Dow Jones Internet Index common stock 33733E302 6 97 SH SOLE 97 0 0 First Trust Energy Infrastructure Fund common stock 33738C103 110 4621 SH SOLE 4621 0 0 First Trust High Income Long/Short Fund common stock 33738E109 2187 136694 SH SOLE 136694 0 0 First Trust Intermediate Duration Preferred & Income Fund common stock 33718W103 164 7221 SH SOLE 7221 0 0 First Trust ISE Cloud Computing Index common stock 33734X192 6 209 SH SOLE 209 0 0 First Trust Mortgage Income Fund common stock 33734E103 894 60156 SH SOLE 60156 0 0 First Trust New Opportunities MLP & Energy Fund common stock 33739M100 659 36781 SH SOLE 36781 0 0 Fomento Economico Mexicano, S.A.B. de C.V. common stock 344419106 968 11000 SH SOLE 11000 0 0 Fort Dearborn Income Securities, Inc common stock 347200107 76 5400 SH SOLE 5400 0 0 Foxby Corp. common stock 351645106 143 76580 SH SOLE 76580 0 0 Freeport McMoran Copper & Gold common stock 35671D857 737 32000 SH SOLE 32000 0 0 Fresh Del Monte Produce Inc. common stock G36738105 168 5000 SH SOLE 5000 0 0 Gabelli Dividend & Income Trust common stock 36242H104 152 7000 SH SOLE 7000 0 0 Gabelli Equity Trust Preferred Series D preferred stock 362397705 22 848 SH SOLE 848 0 0 Gabelli Equity Trust Preferred Series G preferred stock 362397176 113 5045 SH SOLE 5045 0 0 Gabelli Equity Trust, Inc. common stock 362397101 21 3300 SH SOLE 3300 0 0 Gabelli Global Small and Mid-Cap Value Fund common stock 36249W104 7 700 SH SOLE 700 0 0 Gabelli Global Utility & Income Trust common stock 36242L105 34 1763 SH SOLE 1763 0 0 Gabelli Healthcare & Wellness (Rx) Trust common stock 36246K103 2418 232013 SH SOLE 232013 0 0 Gabelli Multimedia Trust Inc. common stock 36239Q109 889 88773 SH SOLE 88773 0 0 GAMCO Global Gold, Natural Resources & Income Trust by Gabelli Preferred Series B preferred stock 36465A307 860 40200 SH SOLE 40200 0 0 GDL Fund common stock 361570104 102 9961 SH SOLE 9961 0 0 GDL Fund Preferred Series B preferred stock 361570302 643 12800 SH SOLE 12800 0 0 General American Investors Company, Inc. common stock 368802104 3339 95409 SH SOLE 95409 0 0 General Electric Company common stock 369604103 9 370 SH SOLE 370 0 0 Gilead Sciences Inc. common stock 375558103 141 1500 SH SOLE 1500 0 0 Grupo Televisa, S.A.B. common stock 40049J206 967 28400 SH SOLE 28400 0 0 Guggenheim Enhanced Equity Strategy Fund common stock 40167K100 268 15119 SH SOLE 15119 0 0 Health Care Select Sector SPDR ETF common stock 81369Y209 14 211 SH SOLE 211 0 0 Hewlett-Packard Company common stock 428236103 8 210 SH SOLE 210 0 0 ICIC Bank Ltd. common stock 45104G104 10 875 SH SOLE 875 0 0 Incyte Corporation common stock 45337C102 35 477 SH SOLE 477 0 0 ING Groep N.V. common stock 456837103 6 487 SH SOLE 487 0 0 Ingersoll-Rand PLC common stock G47791101 12 186 SH SOLE 186 0 0 Intel Corporation common stock 458140100 9 240 SH SOLE 240 0 0 iShares 3-7 Year Treasury Bond common stock 464288661 1 6 SH SOLE 6 0 0 iShares Core MSCI Emerging Market common stock 46434G103 5 116 SH SOLE 116 0 0 iShares iBoxx $ Investment Grade Corporate Bond common stock 464287242 2 20 SH SOLE 20 0 0 iShares MBS common stock 464288588 4 38 SH SOLE 38 0 0 iShares MSCI Canada common stock 464286509 2 81 SH SOLE 81 0 0 iShares MSCI EMU Index common stock 464286608 12 322 SH SOLE 322 0 0 iShares MSCI Mexico Capped common stock 464286822 356 6000 SH SOLE 6000 0 0 iShares MSCI Pacific ex-Japan common stock 464286665 2 51 SH SOLE 51 0 0 iShares MSCI Sweden common stock 464286756 1 33 SH SOLE 33 0 0 iShares MSCI Switzerland Capped Index common stock 464286749 3 99 SH SOLE 99 0 0 iShares MSCI United Kingdom common stock 46434V548 5 282 SH SOLE 282 0 0 iShares Nasdaq Biotechnology common stock 464287556 11 36 SH SOLE 36 0 0 iShares TIPS Bond common stock 464287176 47 420 SH SOLE 420 0 0 Japan Smaller Capitalization Fund Inc. common stock 47109U104 1321 147228 SH SOLE 147228 0 0 John Hancock Premium Dividend Fund common stock 41013T105 51 3727 SH SOLE 3727 0 0 John Hancock Tax-Advantaged Dividend Income Fund common stock 41013V100 15 655 SH SOLE 655 0 0 Johnson & Johnson common stock 478160104 9 85 SH SOLE 85 0 0 JPMorgan Alerian MLP Index ETN common stock 46625H365 46 1000 SH SOLE 1000 0 0 JPMorgan Chase & Co. common stock 46625H100 11 170 SH SOLE 170 0 0 JPMorgan China Region Fund, Inc. common stock 48126T104 187 11067 SH SOLE 11067 0 0 Karyopharm Therapeutics Inc. common stock 48576U106 51 1368 SH SOLE 1368 0 0 Kayne Anderson Midstream/Energy Fund common stock 48661E108 3465 101799 SH SOLE 101799 0 0 Kraft Foods Group, Inc. common stock 50076Q106 12 186 SH SOLE 186 0 0 Latin American Discovery Fund Inc. common stock 51828C106 9 800 SH SOLE 800 0 0 Legg Mason BW Global Income Opportunities Fund common stock 52469B100 254 15206 SH SOLE 15206 0 0 Lennar Corp. common stock 526057104 1813 40500 SH SOLE 40500 0 0 Liberty All-Star Equity Fund common stock 530158104 3292 550454 SH SOLE 550454 0 0 Liberty All-Star Growth Fund, Inc. common stock 529900102 287 55569 SH SOLE 55569 0 0 LMP Capital and Income Fund, Inc. common stock 50208A102 565 33740 SH SOLE 33740 0 0 LyondellBasell Industries N.V. common stock N53745100 4 56 SH SOLE 56 0 0 Macquarie Global Infrastructure Total Return Fund Inc. common stock 55608D101 408 16506 SH SOLE 16506 0 0 Mallinckrodt Public Limitied Company common stock G5785G107 9 88 SH SOLE 88 0 0 Market Vectors EM Local Currency Bond ETF common stock 57060U522 1 33 SH SOLE 33 0 0 Market Vectors Gold Miners ETF common stock 57060U100 55 3000 SH SOLE 3000 0 0 Martin Marietta Materials Inc. common stock 573284106 375 3400 SH SOLE 3400 0 0 MasTec, Inc. common stock 576323109 2715 120100 SH SOLE 120100 0 0 McDonald's Corp. common stock 580135101 9 97 SH SOLE 97 0 0 Mexico Equity and Income Fund, Inc. common stock 592834105 186 14786 SH SOLE 14786 0 0 Morgan Stanley Asia Pacific Fund common stock 61744U106 227 15294 SH SOLE 15294 0 0 Morgan Stanley Emerging Market Debt Fund, Inc. common stock 61744H105 181 19899 SH SOLE 19899 0 0 Morgan Stanley Emerging Markets Domestic Debt Fund common stock 617477104 439 41536 SH SOLE 41536 0 0 Morgan Stanley Emerging Markets Fund, Inc. common stock 61744G107 29 1964 SH SOLE 1964 0 0 Morgan Stanley Income Securities Inc. common stock 61745P874 69 3843 SH SOLE 3843 0 0 Morgan Stanley India Investment Fund common stock 61745C105 139 5167 SH SOLE 5167 0 0 MVC Capital, Inc. common stock 553829102 26 2618 SH SOLE 2618 0 0 Nasdaq Premium Income & Growth Fund common stock 670699107 24 1250 SH SOLE 1250 0 0 Neuberger Berman High Yield Strategies Fund common stock 64128C106 21 1743 SH SOLE 1743 0 0 Neuberger Berman MLP Income Fund common stock 64129H104 186 10582 SH SOLE 10582 0 0 Neuberger Berman Real Estate Securities Income Fund common stock 64190A103 38 7216 SH SOLE 7216 0 0 New America High Income Fund, Inc. common stock 641876800 18 2000 SH SOLE 2000 0 0 New Germany Fund, Inc. common stock 644465106 1145 81590 SH SOLE 81590 0 0 New Ireland Fund, Inc. common stock 645673104 133 10532 SH SOLE 10532 0 0 NexPoint Credit Strategies Fund common stock 65340G106 1959 174442 SH SOLE 174442 0 0 NextEra Energy, Inc. common stock 65339F101 9 82 SH SOLE 82 0 0 Nike, Inc. common stock 654106103 8 88 SH SOLE 88 0 0 Norfolk Southern Corp. common stock 655844108 627 5750 SH SOLE 5750 0 0 Norwegian Cruise Line Holdings Ltd. common stock G66721104 1704 36443 SH SOLE 36443 0 0 Nuveen All Cap Energy MLP Opportunities Fund common stock 67075E108 252 16501 SH SOLE 16501 0 0 Nuveen Build America Bond Fund common stock 67074C103 192 9049 SH SOLE 9049 0 0 Nuveen Build America Bond Opportunity Fund common stock 67074Q102 505 23013 SH SOLE 23013 0 0 Nuveen Core Equity Alpha Fund common stock 67090X107 25 1411 SH SOLE 1411 0 0 Nuveen Credit Strategies Income Fund common stock 67073D102 4176 476129 SH SOLE 476129 0 0 Nuveen Diversified Dividend and Income Fund common stock 6706EP105 238 20232 SH SOLE 20232 0 0 Nuveen Dividend Advantage Municipal Fund 3 common stock 67070X101 88 6352 SH SOLE 6352 0 0 Nuveen Flexible Investment Income Fund common stock 67075B104 147 9001 SH SOLE 9001 0 0 Nuveen Floating Rate Income Fund common stock 67072T108 9 800 SH SOLE 800 0 0 Nuveen Global Equity Income Fund common stock 6706EH103 13 1000 SH SOLE 1000 0 0 Nuveen Global High Income Fund common stock 67075G103 473 27432 SH SOLE 27432 0 0 Nuveen Long/Short Commodity Total Return Fund common stock 670731108 199 12000 SH SOLE 12000 0 0 Nuveen Multi-Market Income Fund, Inc. common stock 67075J107 1253 163332 SH SOLE 163332 0 0 Nuveen Preferred & Income Term Fund common stock 67075A106 52 2300 SH SOLE 2300 0 0 Nuveen Preferred Income Opportunities Fund common stock 67073B106 29 3000 SH SOLE 3000 0 0 Nuveen Quality Preferred Income Fund 3 common stock 67072W101 814 97720 SH SOLE 97720 0 0 Nuveen S&P 500 Dynamic Overwrite Fund common stock 6706EW100 86 6001 SH SOLE 6001 0 0 Nuveen Tax - Advantaged Dividend Growth Fund common stock 67073G105 2 150 SH SOLE 150 0 0 NXP Semiconductors NV common stock N6596X109 9 122 SH SOLE 122 0 0 Occidental Petroleum Corporation common stock 674599105 7 92 SH SOLE 92 0 0 Oxford Lane Capital, 7.50% Pfd Series 2023 preferred stock 691543300 8153 334552 SH SOLE 334552 0 0 Oxford Lane Capital, 8.125% Pfd Series 2024 preferred stock 691543409 4647 188048 SH SOLE 188048 0 0 Pacholder High Yield Fund Inc. common stock 693742108 167 22679 SH SOLE 22679 0 0 Petroleum & Resources Corp. common stock 716549100 4481 187948 SH SOLE 187948 0 0 Pfizer Inc. common stock 717081103 11 342 SH SOLE 342 0 0 Philip Morris International, Inc. common stock 718172109 7 90 SH SOLE 90 0 0 PIMCO Dynamic Credit Income Fund common stock 72202D106 5249 254194 SH SOLE 254194 0 0 PIMCO Dynamic Income Fund common stock 72201Y101 1680 54644 SH SOLE 54644 0 0 PIMCO Enchanced Short Maturity Active ETF common stock 72201R833 1074 10629 SH SOLE 10629 0 0 PIMCO Income Strategy Fund II common stock 72201J104 728 74256 SH SOLE 74256 0 0 Pioneer Diversified High Income Trust common stock 723653101 4 200 SH SOLE 200 0 0 Popular, Inc. common stock 733174700 477 14000 SH SOLE 14000 0 0 PowerShares CEF Income Composite ETF common stock 73936Q843 496 21000 SH SOLE 21000 0 0 PowerShares Emerging Markets Soverign Debt ETF common stock 73936T573 1 27 SH SOLE 27 0 0 PriceSmart Inc. common stock 741511109 91 1000 SH SOLE 1000 0 0 Principal Real Estate Income Fund common stock 74255X104 39 2097 SH SOLE 2097 0 0 Prudential PLC common stock 74435K204 8 163 SH SOLE 163 0 0 Putnam High Income Securities Fund common stock 746779107 1363 168115 SH SOLE 168115 0 0 Putnam Master Intermediate Income Trust common stock 746909100 373 77528 SH SOLE 77528 0 0 Putnam Premier Income Trust common stock 746853100 1196 227832 SH SOLE 227832 0 0 Rand Capital Corp. common stock 752185108 8 2000 SH SOLE 2000 0 0 RENN Global Entrepreneurs Fund, Inc. common stock 759720105 139 106588 SH SOLE 106588 0 0 RMR Real Estate Income Fund common stock 76970B101 2970 142629 SH SOLE 142629 0 0 Royal Caribbean Cruises Ltd. common stock V7780T103 2143 26000 SH SOLE 26000 0 0 Royce Focus Trust, Inc. common stock 78080N108 327 44962 SH SOLE 44962 0 0 Royce Global Value Trust, Inc. common stock 78081T104 137 17044 SH SOLE 17044 0 0 Royce Micro-Cap Trust, Inc. common stock 780915104 4 357 SH SOLE 357 0 0 Royce Value Trust Inc. common stock 780910105 2078 145020 SH SOLE 145020 0 0 Salient Midstream & MLP Fund common stock 79471V105 3156 132800 SH SOLE 132800 0 0 Schlumberger Limited common stock 806857108 7 78 SH SOLE 78 0 0 Seaboard Corp. common stock 811543107 2393 570 SH SOLE 570 0 0 Seacor Holdings, Inc. common stock 811904101 148 2000 SH SOLE 2000 0 0 Sensata Technologies Holding NV common stock N7902X106 9 175 SH SOLE 175 0 0 Silver Wheaton Corp. common stock 828336107 8 378 SH SOLE 378 0 0 Simon Property Group Inc. common stock 828806109 11 60 SH SOLE 60 0 0 SK Telecom Co. Ltd. common stock 78440P108 5 188 SH SOLE 188 0 0 Source Capital Corp. common stock 836144105 307 4295 SH SOLE 4295 0 0 Spanish Broadcasting System Inc. common stock 846425833 29 10030 SH SOLE 10030 0 0 Spirit Airlines, Inc. common stock 848577102 756 10000 SH SOLE 10000 0 0 Steiner Leisure Ltd. common stock P8744Y102 1038 22467 SH SOLE 22467 0 0 Sumitomo Mitsui Financial Group, Inc. common stock 86562M209 11 1542 SH SOLE 1542 0 0 Swiss Helvetia Fund Inc. common stock 870875101 29 2573 SH SOLE 2573 0 0 Tahoe Resources Inc. common stock 873868103 373 26900 SH SOLE 26900 0 0 Taiwan Fund, Inc. common stock 874036106 269 16434 SH SOLE 16434 0 0 Tata Motors Limited common stock 876568502 9 206 SH SOLE 206 0 0 TCW Strategic Income Fund, Inc. common stock 872340104 249 46230 SH SOLE 46230 0 0 Teco Energy, Inc. common stock 872375100 821 40500 SH SOLE 40500 0 0 Teekay LNG Partners LP common stock Y8564M105 405 9589 SH SOLE 9589 0 0 Tekla Healthcare Opportunities Fund common stock 879105104 4438 221329 SH SOLE 221329 0 0 Tekla Life Sciences Investors common stock 87911K100 10 390 SH SOLE 390 0 0 Templeton Dragon Fund, Inc. common stock 88018T101 317 13170 SH SOLE 13170 0 0 Templeton Russia and East European Fund, Inc. common stock 88022F105 90 10000 SH SOLE 10000 0 0 Teva Parmaceutical Industries Limited common stock 881624209 7 116 SH SOLE 116 0 0 Thai Fund, Inc. common stock 882904105 333 28227 SH SOLE 28227 0 0 The Coca-Cola Company common stock 191216100 9 208 SH SOLE 208 0 0 The Herzfeld Caribbean Basin Fund, Inc. common stock 42804T106 3602 405210 SH DFND 309514 95696 0 The Home Depot, Inc. common stock 437076102 10 94 SH SOLE 94 0 0 The Korea Fund, Inc. common stock 500634209 1235 32924 SH SOLE 32924 0 0 The Mexico Fund, Inc. common stock 592835102 104 5000 SH SOLE 5000 0 0 The Procter & Gamble Company common stock 742718109 12 129 SH SOLE 129 0 0 The Western Union Company common stock 959802109 304 17000 SH SOLE 17000 0 0 Thermo Fisher Scientific, Inc. common stock 883556102 11 84 SH SOLE 84 0 0 Tortoise Energy Independence Fund, Inc. common stock 89148K101 2119 111817 SH SOLE 111817 0 0 Tortoise Energy Infrastructure common stock 89147L100 3030 69235 SH SOLE 69235 0 0 Tortoise Energy Infrastructure, 3.75% Preferred Series B preferred stock 89147L704 13 1300 SH SOLE 1300 0 0 Tortoise MLP Fund, Inc. common stock 89148B101 691 24753 SH SOLE 24753 0 0 Tortoise Pipeline & Energy Fund common stock 89148H108 2843 92499 SH SOLE 92499 0 0 Toyota Motor Corporation common stock 892331307 10 79 SH SOLE 79 0 0 Transamerica Income Shares Inc. common stock 893506105 9 429 SH SOLE 429 0 0 Tri-Continental Corp. common stock 895436103 4555 212736 SH SOLE 212736 0 0 Tri-Continental Corp., $2.50 Cumulative Preferred Stock preferred stock 895436202 24 500 SH SOLE 500 0 0 Turkish Investment Fund, Inc. common stock 900145103 51 4630 SH SOLE 4630 0 0 Ultrapetrol (Bahamas) Ltd. common stock P94398107 77 36000 SH SOLE 36000 0 0 United States Oil ETF common stock 91232N108 20 1000 SH SOLE 1000 0 0 United Technologies Corporation common stock 913017109 9 76 SH SOLE 76 0 0 Vanguard Consumer Staples ETF common stock 92204A207 5 40 SH SOLE 40 0 0 Vanguard Information Technology ETF common stock 92204A702 19 186 SH SOLE 186 0 0 Vanguard Materials ETF common stock 92204A801 3 31 SH SOLE 31 0 0 Vanguard Telecommunication Services ETF common stock 92204A884 3 39 SH SOLE 39 0 0 Verizon Communications Inc. common stock 92343V104 7 159 SH SOLE 159 0 0 Vipshop Holdings Limited common stock 92763W103 9 486 SH SOLE 486 0 0 Virtus Global Multi-Sector Income Fund common stock 92829B101 48 3001 SH SOLE 3001 0 0 Virtus Total Return Fund common stock 92829A103 4904 1085047 SH SOLE 1085047 0 0 Vulcan Materials Company common stock 929160109 263 4000 SH SOLE 4000 0 0 Wal-Mart Stores Inc. common stock 931142103 12 135 SH SOLE 135 0 0 Watsco Inc. common stock 942622200 1307 12300 SH SOLE 12300 0 0 Wells Fargo Advantage Multi-Sector Income Fund common stock 94987D101 3 234 SH SOLE 234 0 0 Western Asset High Yield Defined Opportunity Fund Inc. common stock 95768B107 357 22669 SH SOLE 22669 0 0 Western Asset/Claymore Inflation-Linked Opportunities & Income Fund common stock 95766R104 396 35075 SH SOLE 35075 0 0 Western Asset/Claymore Inflation-Linked Securities & Income Fund common stock 95766Q106 99 8497 SH SOLE 8497 0 0 WisdomTree Japan Hedged Equity common stock 97717W851 7 143 SH SOLE 143 0 0 WuXi Pharma Tech (Cayman) Inc. common stock 929352102 9 253 SH SOLE 253 0 0 Zweig Fund, Inc. common stock 989834205 267 17290 SH SOLE 17290 0 0 Zweig Total Return Fund Inc. common stock 989837208 1498 106890 SH SOLE 106890 0 0