0001398344-23-012606.txt : 20230705 0001398344-23-012606.hdr.sgml : 20230705 20230705165541 ACCESSION NUMBER: 0001398344-23-012606 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230630 FILED AS OF DATE: 20230705 DATE AS OF CHANGE: 20230705 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Paylor Ryan M CENTRAL INDEX KEY: 0001767956 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 811-06445 FILM NUMBER: 231070122 MAIL ADDRESS: STREET 1: THE HERZFELD CARIBBEAN BASIN FUND INC. STREET 2: 119 WASHINGTON AVE., SUITE 504 CITY: MIAMI BEACH STATE: FL ZIP: 33139 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: HERZFELD CARIBBEAN BASIN FUND INC CENTRAL INDEX KEY: 0000880406 IRS NUMBER: 650396889 STATE OF INCORPORATION: MD FISCAL YEAR END: 0630 BUSINESS ADDRESS: STREET 1: 119 WASHINGTON AVENUE, SUITE 504 CITY: MIAMI BEACH STATE: FL ZIP: 33139 BUSINESS PHONE: 305-777-1660 MAIL ADDRESS: STREET 1: 119 WASHINGTON AVENUE, SUITE 504 CITY: MIAMI BEACH STATE: FL ZIP: 33139 FORMER COMPANY: FORMER CONFORMED NAME: FIRST CUBA FUND INC DATE OF NAME CHANGE: 19920929 4 1 fp0084036-5_4.xml X0407 4 2023-06-30 0 0000880406 HERZFELD CARIBBEAN BASIN FUND INC CUBA 0001767956 Paylor Ryan M THE HERZFELD CARIBBEAN BASIN FUND INC. 119 WASHINGTON AVE., SUITE 504 MIAMI BEACH FL 33139 0 0 0 1 Portfolio Manager 0 Common stock 2023-06-30 4 J 0 113 3.9028 A 4033 D On June 30, 2023, the Fund paid a quarterly distribution of $0.173625 per share to shareholders of record on May 22, 2023 in cash and shares of common stock (the "June 2023 Distribution"). The June 2023 Distribution was paid in cash or shares of the Fund's common stock at the election of stockholders with the total amount of cash distributed to all stockholders limited to 20% of the total distribution to be paid, excluding any cash paid for fractional shares. The remainder of the June 2023 Distribution (approx. 80%) was paid in the form of shares of the Fund's common stock. The exact distribution of cash and stock to any given stockholder was dependent upon their election as well as elections of other stockholders, subject to the pro-rata limitation. The price per share used to calculate the number of shares to be issued in lieu of cash was $3.9028. Mr. R. Paylor received 113 shares of common stock of the Fund in connection with the June 2023 Distribution. /s/ Ryan M. Paylor 2023-07-05