Thomas J. Herzfeld Advisors 13F-HR Quarterly holdings report by institutional manager

The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE

OMB APPROVAL

OMB Number:		3235-0006
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COLUMN 1	COLUMN 2	COLUMN 3	COLUMN 4	COLUMN 5			COLUMN 6	COLUMN 7	COLUMN 8
			VALUE	SHRS OR	SH/	PUT/	INVESTMENT	OTHER	VOTING AUTHORITY
NAME OF ISSUER	TITLE OF CLASS	CUSIP	(x$1000)	PRN AMT	PRN	CALL	DISCRETION	MANAGER	SOLE	SHARED	NONE
Aberdeen Emerging Markets Equity Inc.	COM	00301W105	6,352	1,243	SH		SOLE		1,243	0	0
Aberdeen Global Dynamic Dividend Fund	COM	00302M106	12,572	1,346	SH		SOLE		1,346	0	0
Aberdeen Global Premier Properties Fund	COM SH BEN INT	00302L108	7,876	2,030	SH		SOLE		2,030	0	0
Aberdeen Japan Equity Fund Inc	COM	00306J109	7,709	1,343	SH		SOLE		1,343	0	0
Aberdeen Std Global Infrastructure	SHS BEN INT	00326W106	1,374,437	76,613	SH		SOLE		76,613	0	0
Aberdeen Total Dynamic Dividend Fund	COM SH BEN INT	00326L100	7,633	947	SH		SOLE		947	0	0
Adams Diversified Equity Fund Inc	COM	006212104	4,481	253	SH		SOLE		253	0	0
Adams Natural Resources Fund Inc	COM	00548F105	2,394,607	116,074	SH		SOLE		116,074	0	0
Aersale Corporation	COM	00810F106	1,640,270	129,206	SH		SOLE		129,206	0	0
America Movil SAB de CV	SPON ADR L SHS	02390A101	198,127	10,698	SH		SOLE		10,698	0	0
BlackRock Calif Mun Income	COM SH BEN INT	09248E102	226,525	18,830	SH		SOLE		18,830	0	0
BlackRock Cap Allocation Tr	COM	09260U109	25,415	1,700	SH		SOLE		1,700	0	0
BlackRock Enhanced Equity Dividend Trust	COM	09251A104	4,406	573	SH		SOLE		573	0	0
BlackRock Enhanced International Dividend Trust	COM BENE INTER	092524107	17,517	3,324	SH		SOLE		3,324	0	0
BlackRock ESG Cap Allc Tr	SHS BEN INT	09262F100	26,389	1,636	SH		SOLE		1,636	0	0
BlackRock Health Sciences Trust II	COM SHS	09260E105	12,453	850	SH		SOLE		850	0	0
BlackRock Innovation and Grw	SHS BEN INT	09260Q108	4,992	681	SH		SOLE		681	0	0
BlackRock Muni Income Tr II	COM	09249N101	165,220	15,470	SH		SOLE		15,470	0	0
BlackRock Munihldngs Cali QL	COM	09254L107	2,248,772	202,046	SH		SOLE		202,046	0	0
BlackRock MuniIvest FD II Inc.	COM	09253T101	274,258	25,465	SH		SOLE		25,465	0	0
BlackRock MuniYild Qult FD I	COM	09254F100	2,605,966	213,779	SH		SOLE		213,779	0	0
BlackRock Science and Technology Trust II	SHS BEN INT	09260K101	2,197,850	131,529	SH		SOLE		131,529	0	0
Blackstone Strategic Cred 20	COM SHS BEN IN	09257R101	1,956,130	172,803	SH		SOLE		172,803	0	0
BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund, Inc.	COM	05588N108	2,136,058	262,093	SH		SOLE		262,093	0	0
BNY Mellon Mun Income Inc	COM	05589T104	218,660	33,640	SH		SOLE		33,640	0	0
BNY Mellon Strategic Mun Bd	COM	09662E109	222,804	39,020	SH		SOLE		39,020	0	0
Carlyle Credit Income Fund	SHS BEN INT	92535C104	2,974,890	374,200	SH		SOLE		374,200	0	0
Cemex SAB de CV	SPON ADR NEW	151290889	1,748,749	225,645	SH		SOLE		225,645	0	0
Central Securities Corp	COM	155123102	3,421,244	90,581	SH		SOLE		90,581	0	0
Chargepoint Holdings Inc.	COM CL A	15961R105	1,041	445	SH		SOLE		445	0	0
Clearbridge MLP And Midstrm	COM	184692200	4,141,016	103,293	SH		SOLE		103,293	0	0
Clearbridge MLP and Midstrm	COM	18469Q207	2,761,849	76,231	SH		SOLE		76,231	0	0
Cohen & Steers Limited Duration Preferred and Income Fund, Inc.	COM	19248C105	2,691,001	146,012	SH		SOLE		146,012	0	0
Columbia Seligman Premium Technology Growth Fund	COM	19842X109	56,564	1,790	SH		SOLE		1,790	0	0
Consolidated Water Co Ltd	ORD	G23773107	216,875	6,092	SH		SOLE		6,092	0	0
Copa Holdings SA	CL A	P31076105	1,940,158	18,250	SH		SOLE		18,250	0	0
Cornerstone Strategic Value Fund Inc	COM	21924B302	8,490,369	1,180,858	SH		SOLE		1,180,858	0	0
Cornerstone Total Rtrn Fd In	COM	21924U300	3,400,442	481,649	SH		SOLE		481,649	0	0
Delaware Invts Natl Mun Inco	SH BEN INT	24610T108	395,903	38,776	SH		SOLE		38,776	0	0
Destra Multi-Alternative Fd	COM	25065A502	5,550,687	890,961	SH		SOLE		890,961	0	0
Deutsche Municipal Income Trust	COM	233368109	164,643	18,520	SH		SOLE		18,520	0	0
DWS Strategic Municipal Income Trust	COM	23342Q101	165,803	19,168	SH		SOLE		19,168	0	0
Eaton Vance New York Mun Bd	COM	27827Y109	328,061	33,996	SH		SOLE		33,996	0	0
Ecofin Sustainable and Social Impact Term Fund	SH BEN INT	27901F109	92,977	7,940	SH		SOLE		7,940	0	0
Empire State Realty Trust Inc	CL A	292104106	716,033	73,894	SH		SOLE		73,894	0	0
EVERTEC Inc	COM	30040P103	694,179	16,956	SH		SOLE		16,956	0	0
Exchange Listed FDS Tr	SABA INT RATE	30151E806	2,955,583	155,803	SH		SOLE		155,803	0	0
Federated Hermes Prem Muni I	COM	31423P108	184,698	16,806	SH		SOLE		16,806	0	0
First BanCorp/Puerto Rico	COM NEW	318672706	2,806,436	170,604	SH		SOLE		170,604	0	0
Fomento Economico Mexicano SAB de CV	SPON ADR UNITS	344419106	1,578,539	12,110	SH		SOLE		12,110	0	0
Forge Global Holdings Inc.	COM	34629L103	3,430	1,000	SH		SOLE		1,000	0	0
Franklin Limited Duration Income Trust	COM	35472T101	4,739,690	762,008	SH		SOLE		762,008	0	0
FS Credit Opportunities Corp	COM	30290Y101	22,128,524	3,902,738	SH		SOLE		3,902,738	0	0
Gabelli Equity Trust Inc	COM	362397101	4,415	869	SH		SOLE		869	0	0
Gabelli Global Small & Mid C	COM	36249W104	6,534	557	SH		SOLE		557	0	0
General American Investors Co Inc	COM	368802104	29,507	687	SH		SOLE		687	0	0
Grupo Aeroportuario del Sureste SAB de CV	SPON ADR SER B	40051E202	1,228,577	4,175	SH		SOLE		4,175	0	0
Highland Floating Rate Opportunities Fund	SHS BEN INT	43010E404	23,255,267	3,024,092	SH		SOLE		3,024,092	0	0
Insight Select Income Fd	COM	45781W109	354,534	22,200	SH		SOLE		22,200	0	0
Invesco California Value Municipal Income Trust	COM	46132H106	121,755	12,424	SH		SOLE		12,424	0	0
Invesco QQQ Tr	UNIT SER 1	46090E103	110,570	270	SH		SOLE		270	0	0
Invesco Tr Invt Grade New Yo	COM	46131T101	163,541	15,710	SH		SOLE		15,710	0	0
Investco CurrencyShares Japan	Japanese Yen	46138W107	276,270	4,198	SH		SOLE		4,198	0	0
iShares Tr	TRS FLT RT BD	46434V860	451,303	8,942	SH		SOLE		8,942	0	0
iShares Tr	Shrt Nat Mun ETF	464288158	442,806	4,200	SH		SOLE		4,200	0	0
Japan Smaller Capitalization Fund Inc	COM	47109U104	7,689	1,013	SH		SOLE		1,013	0	0
Lennar Corp	CL A	526057104	1,564,920	10,500	SH		SOLE		10,500	0	0
Liberty All Star Equity Fund	SH BEN INT	530158104	4,300	674	SH		SOLE		674	0	0
Liberty All Star Growth Fund Inc	COM	529900102	4,477	848	SH		SOLE		848	0	0
Marriott Vacations Worldwide Corp	COM	57164Y107	1,054,673	12,424	SH		SOLE		12,424	0	0
Martin Marietta Materials Inc	COM	573284106	2,414,724	4,840	SH		SOLE		4,840	0	0
MasTec Inc	COM	576323109	2,541,769	33,568	SH		SOLE		33,568	0	0
Matterport Inc	CL A	577096100	1,966	731	SH		SOLE		731	0	0
Meta Platforms Inc	CL A	30303M102	35,396	100	SH		SOLE		100	0	0
Mexico Equity & Income Fd	COM	592834105	12,454	1,112	SH		SOLE		1,112	0	0
MFS High Yield Municipal Trust	SH BEN INT	59318E102	486,252	146,904	SH		SOLE		146,904	0	0
MFS Investment Grade Municipal Trust	SH BEN INT	59318B108	487,849	64,445	SH		SOLE		64,445	0	0
MFS Municipal Income Trust	SH BEN INT	552738106	2,157,146	417,243	SH		SOLE		417,243	0	0
Morgan Stanley Emerging Mkts	COM	617477104	467,911	100,410	SH		SOLE		100,410	0	0
Morgan Stanley India Investment Fund Inc	COM	61745C105	8,932	416	SH		SOLE		416	0	0
Net Power Inc.	W EXP 06/08/202	64107A113	65,432	29,742	SH		SOLE		29,742	0	0
Netflix, Inc.	COM	64110L106	48,688	100	SH		SOLE		100	0	0
Neuberger Brman Next Genera	COMMON STOCK	64133Q108	3,011,182	275,497	SH		SOLE		275,497	0	0
New Fortress Energy Inc	CL A	644393100	3,531,603	93,602	SH		SOLE		93,602	0	0
Nexpoint Diversified Rel Et	COM	65340G205	9,045,868	1,137,845	SH		SOLE		1,137,845	0	0
NextEra Energy Inc	COM	65339F101	2,471,936	40,697	SH		SOLE		40,697	0	0
Norwegian Cruise Line Holdings Ltd	SHS	G66721104	3,739,023	186,578	SH		SOLE		186,578	0	0
Nuveen AMT-Free Quality Municipal Income Fund	COM	670657105	13,200	1,200	SH		SOLE		1,200	0	0
Nuveen CA Qualty Mun Income	COM	67066Y105	190,859	17,210	SH		SOLE		17,210	0	0
Nuveen Core Equity Alpha Fund	COM	67090X107	4,404	325	SH		SOLE		325	0	0
Nuveen Credit Strategies Income Fund	COM SHS	67073D102	2,737,253	524,378	SH		SOLE		524,378	0	0
Nuveen Dow 30 Dynamic Overwrite Fund	SHS	67075F105	3,104,206	221,729	SH		SOLE		221,729	0	0
Nuveen Floating Rate Income	COM	67072T108	5,511,140	670,455	SH		SOLE		670,455	0	0
Nuveen Mortgage and Income Fund	COM	670735109	1,842,199	109,135	SH		SOLE		109,135	0	0
Nuveen Municipal Credit Inc.	COM SH BEN INT	67070X101	328,241	27,770	SH		SOLE		27,770	0	0
Nuveen Mutli Asset Income Fund	COM	670750108	19,520	1,587	SH		SOLE		1,587	0	0
Nuveen NASDAQ 100 Dynamic Overwrite Fund	COM SHS	670699107	4,445	192	SH		SOLE		192	0	0
Nuveen Pfd & Income Opportun	COM	67073B106	8,906,679	1,317,556	SH		SOLE		1,317,556	0	0
Nuveen Quality Municipal Income Fund	COM	67066V101	2,293,687	200,322	SH		SOLE		200,322	0	0
Nuveen Real Asset Income and Growth Fund	COM	67074Y105	18,576	1,585	SH		SOLE		1,585	0	0
Nuveen Vriabl Rat Pfd & Inm	COM	67080R102	432,851	26,637	SH		SOLE		26,637	0	0
NWTN Inc	W EXP 12/31/202	G6693P114	4,381	26,327	SH		SOLE		26,327	0	0
OFG Bancorp	COM	67103X102	1,182,157	31,541	SH		SOLE		31,541	0	0
OFS Credit Company Inc	COM	67111Q107	8,249,543	1,277,019	SH		SOLE		1,277,019	0	0
OneSpaWorld Holdings Limited	COM	P73684113	602,987	42,765	SH		SOLE		42,765	0	0
Oppfi Inc Com	CL A	68386H103	30,198	5,898	SH		SOLE		5,898	0	0
Oxford Lane Cap Corp	COM	691543102	809,617	163,890	SH		SOLE		163,890	0	0
PGIM Global Short Duration High Yield Fund, Inc.	COM	69346J106	10,133	892	SH		SOLE		892	0	0
PGIM Short Duration High Yield Fund, Inc.	COM	69346H100	2,710	220	SH		SOLE		220	0	0
PGT Innovations Inc	COM	69336V101	1,307,162	32,117	SH		SOLE		32,117	0	0
PIMCO Dynamic Income Strategy Fund	COM SH BEN INT	69346N107	25,390,223	1,239,757	SH		SOLE		1,239,757	0	0
Pioneer Diversified High Income Trust	COM	723653101	1,913,099	178,311	SH		SOLE		178,311	0	0
Playa Hotels & Resorts Nv	SHS	N70544106	1,942,427	224,558	SH		SOLE		224,558	0	0
Popular Inc	COM NEW	733174700	2,437,643	29,702	SH		SOLE		29,702	0	0
ProShares Short VIX Short-Term Futures ETF	SHT VIX ST TRM	74347W130	11,374	110	SH		SOLE		110	0	0
Purecycle Technologies Inc	W Exp 01/28/202	74623V111	2,801	2,457	SH		SOLE		2,457	0	0
Restaurant Brands International Inc	COM	76131D103	781	10	SH		SOLE		10	0	0
Rivernorth Flexible Mun Income Fund II, Inc.	COM	76883Y107	2,336,202	178,336	SH		SOLE		178,336	0	0
RiverNorth Managed Duration Municipal Income Fund II, Inc	COM	76882M104	249,461	15,940	SH		SOLE		15,940	0	0
Royal Caribbean Group	COM	V7780T103	3,866,960	29,863	SH		SOLE		29,863	0	0
Royce Value Trust Inc	COM	780910105	4,819	331	SH		SOLE		331	0	0
Saba Capital Income & Opportunities Fund	COM	78518H202	10,628,220	1,378,498	SH		SOLE		1,378,498	0	0
Seaboard Corp	COM	811543107	489,104	137	SH		SOLE		137	0	0
SPDR Gold Tr	GOLD SHS	78463V107	267,256	1,398	SH		SOLE		1,398	0	0
SPDR S&P 500 ETF Tr	TR UNIT	78462F103	185,371	390	SH		SOLE		390	0	0
SPDR S&P MidCap 400 ETF Tr	UTSER1 S&PDCRP	78467Y107	76,107	150	SH		SOLE		150	0	0
SPDR Ser Tr	SPDR BLOOMBERG	78468R663	351,029	3,841	SH		SOLE		3,841	0	0
Sprott Physical Gold and Silver Trust	TR UNIT	85208R101	153,200	8,000	SH		SOLE		8,000	0	0
SRH Total Return Fund Inc	COM	101507101	5,494,670	396,155	SH		SOLE		396,155	0	0
Suro Capital Corp	COM	86887Q109	3,257,379	826,746	SH		SOLE		826,746	0	0
TCW Strategic Income Fund Inc	COM	872340104	9,180	2,000	SH		SOLE		2,000	0	0
Tekla Life Sciences Investors	SH BEN INT	87911K100	11,872	882	SH		SOLE		882	0	0
Templeton Emerging Markets Fund	COM	880191101	5,011	429	SH		SOLE		429	0	0
The European Equity Fund Inc	COM	298768102	6,267	727	SH		SOLE		727	0	0
The Gabelli Dividend & Income Trust	COM	36242H104	23,631	1,092	SH		SOLE		1,092	0	0
The Gabelli Healthcare & Wellness Trust	SHS	36246K103	21,739	2,330	SH		SOLE		2,330	0	0
The Herzfeld Caribbean Basin Fund Inc	COM	42804T106	7,500,987	2,698,197	SH		SOLE		2,698,197	0	0
The Korea Fund Inc	COM NEW	500634209	9,079	388	SH		SOLE		388	0	0
The Mexico Fund, Inc.	COM	592835102	12,307	645	SH		SOLE		645	0	0
The New Germany Fund Inc	COM	644465106	12,699	1,453	SH		SOLE		1,453	0	0
The Taiwan Fund Inc	COM	874036106	20,996	607	SH		SOLE		607	0	0
Thornburg Incm Builder Opp Tr	COM	885213108	3,263,102	210,387	SH		SOLE		210,387	0	0
TMC The Metals Company Inc	COM	87261Y106	9,855	8,959	SH		SOLE		8,959	0	0
Tortoise Energy Independence	COM	89148K200	2,624,969	91,590	SH		SOLE		91,590	0	0
Tortoise Pipeline & Energy Fund, Inc.	COM	89148H207	97,261	3,460	SH		SOLE		3,460	0	0
Tortoise Pwr & Energy Infras	COM	89147X104	3,194,428	227,939	SH		SOLE		227,939	0	0
Tri-Continental Corp	COM	895436103	4,469	155	SH		SOLE		155	0	0
United States Oil Fund LP	UNITS	91232N207	74,981	1,125	SH		SOLE		1,125	0	0
Vesta Real Estate Corp	ADX	92540K109	1,521,883	38,412	SH		SOLE		38,412	0	0
Virtus Total Return Fund Inc.	COM	92835W107	4,617	838	SH		SOLE		838	0	0
Vulcan Materials Co	COM	929160109	1,366,373	6,019	SH		SOLE		6,019	0	0
Western Asset Mortgage Opp Fund Inc.	COM	95790B109	3,473,323	310,951	SH		SOLE		310,951	0	0
Western Asset/Claymore Inflation-Linked Opportunities & Income Fund	COM	95766R104	64,765	7,470	SH		SOLE		7,470	0	0
Western Asset/Claymore Inflation-Linked Securities & Income Fund	COM SH BEN INT	95766Q106	169,708	20,900	SH		SOLE		20,900	0	0
Wisdomtree Tr	Floating Rat Trea	97717Y527	260,394	5,183	SH		SOLE		5,183	0	0