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	6,277	1,243	SH		SOLE		1,243	0	0
Aberdeen Global Dynamic Dividend Fund	COM	00302M106	13,157	1,355	SH		SOLE		1,355	0	0
Aberdeen Std Global Infrastructure	SHS BEN INT	00326W106	404,540	22,791	SH		SOLE		22,791	0	0
Aberdeen Global Premier Properties Fund	COM SH BEN INT	00302L108	7,734	1,953	SH		SOLE		1,953	0	0
Aberdeen Japan Equity Fund Inc	COM	00306J109	8,622	1,384	SH		SOLE		1,384	0	0
Delaware Invts Natl Mun Inco	SH BEN INT	24610T108	590,126	56,962	SH		SOLE		56,962	0	0
Aberdeen Total Dynamic Dividend Fund	COM SH BEN INT	00326L100	7,851	947	SH		SOLE		947	0	0
Adams Diversified Equity Fund Inc	COM	006212104	2,270,879	116,336	SH		SOLE		116,336	0	0
Adams Natural Resources Fund Inc	COM	00548F105	2,697,213	116,965	SH		SOLE		116,965	0	0
Aersale Corporation	COM	00810F106	927,699	129,206	SH		SOLE		129,206	0	0
Wells Fargo Advantage Multi-Sector Income Fund	COM	94987D101	401,227	43,004	SH		SOLE		43,004	0	0
America Movil SAB de CV	SPON ADR L SHS	02390A101	199,625	10,698	SH		SOLE		10,698	0	0
BlackRock Calif Mun Income	COM SH BEN INT	09248E102	298,372	25,243	SH		SOLE		25,243	0	0
BlackRock Cap Allocation Tr	COM	09260U109	1,468,746	88,160	SH		SOLE		88,160	0	0
BlackRock Enhanced Equity Dividend Trust	COM	09251A104	4,727	573	SH		SOLE		573	0	0
BlackRock Enhanced International Dividend Trust	COM BENE INTER	092524107	18,514	3,348	SH		SOLE		3,348	0	0
BlackRock ESG Cap Allc Tr	SHS BEN INT	09262F100	8,541	492	SH		SOLE		492	0	0
BlackRock Innovation and Grw	SHS BEN INT	09260Q108	5,543	681	SH		SOLE		681	0	0
BlackRock Muni Income Tr II	COM	09249N101	243,633	22,434	SH		SOLE		22,434	0	0
BlackRock Munihldngs Cali QL	COM	09254L107	2,751,575	249,916	SH		SOLE		249,916	0	0
BlackRock MuniIvest FD II Inc.	COM	09253T101	405,808	37,196	SH		SOLE		37,196	0	0
BlackRock MuniYild Qult FD I	COM	09254F100	812,543	66,330	SH		SOLE		66,330	0	0
BlackRock Science and Technology Trust II	SHS BEN INT	09260K101	2,872,403	148,062	SH		SOLE		148,062	0	0
Blackstone Strategic Cred 20	COM SHS BEN IN	09257R101	1,991,417	167,346	SH		SOLE		167,346	0	0
BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund, Inc.	COM	05588N108	2,377,014	276,076	SH		SOLE		276,076	0	0
BNY Mellon Mun Income Inc	COM	05589T104	333,352	48,807	SH		SOLE		48,807	0	0
BNY Mellon Strategic Mun Bd	COM	09662E109	332,479	56,737	SH		SOLE		56,737	0	0
Brookfield Real Assets Incom	SHS BEN INT	112830104	1,240,385	96,005	SH		SOLE		96,005	0	0
Carlyle Credit Income Fund	SHS BEN INT	92535C104	1,759,157	223,527	SH		SOLE		223,527	0	0
Carnival Corp	UNIT 99/99/9999	143658300	1,245,239	76,208	SH		SOLE		76,208	0	0
Cemex SAB de CV	SPON ADR NEW	151290889	2,437,935	270,581	SH		SOLE		270,581	0	0
Central Securities Corp	COM	155123102	3,656,922	87,549	SH		SOLE		87,549	0	0
Clearbridge MLP And Midstrm	COM	184692200	3,213,619	70,197	SH		SOLE		70,197	0	0
Clearbridge MLP and Midstrm	COM	18469Q207	2,164,551	52,183	SH		SOLE		52,183	0	0
Cohen & Steers Limited Duration Preferred and Income Fund, Inc.	COM	19248C105	3,172,961	158,016	SH		SOLE		158,016	0	0
Columbia Seligman Premium Technology Growth Fund	COM	19842X109	76,456	2,399	SH		SOLE		2,399	0	0
Consolidated Water Co Ltd	ORD	G23773107	178,557	6,092	SH		SOLE		6,092	0	0
Copa Holdings SA	CL A	P31076105	1,692,600	16,250	SH		SOLE		16,250	0	0
Cornerstone Strategic Value Fund Inc	COM	21924B302	9,281,462	1,234,237	SH		SOLE		1,234,237	0	0
Cornerstone Total Rtrn Fd In	COM	21924U300	3,827,952	509,714	SH		SOLE		509,714	0	0
Destra Multi-Alternative Fd	COM	25065A502	7,267,400	929,335	SH		SOLE		929,335	0	0
Deutsche Municipal Income Trust	COM	233368109	243,268	26,940	SH		SOLE		26,940	0	0
DWS Strategic Municipal Income Trust	COM	23342Q101	253,780	28,387	SH		SOLE		28,387	0	0
Eaton Vance New York Mun Bd	COM	27827Y109	476,577	49,081	SH		SOLE		49,081	0	0
Eaton Vance Tax-Managed Glob	COM	27829F108	1,533,501	187,929	SH		SOLE		187,929	0	0
Ecofin Sustainable and Social Impact Term Fund	SH BEN INT	27901F109	93,771	7,940	SH		SOLE		7,940	0	0
Empire State Realty Trust Inc	CL A	292104106	748,546	73,894	SH		SOLE		73,894	0	0
The European Equity Fund Inc	COM	298768102	6,549	735	SH		SOLE		735	0	0
EVERTEC Inc	COM	30040P103	676,544	16,956	SH		SOLE		16,956	0	0
Federated Hermes Prem Muni I	COM	31423P108	261,828	23,652	SH		SOLE		23,652	0	0
First BanCorp/Puerto Rico	COM NEW	318672706	2,641,594	150,604	SH		SOLE		150,604	0	0
Fomento Economico Mexicano SAB de CV	SPON ADR UNITS	344419106	1,419,813	10,899	SH		SOLE		10,899	0	0
Forge Global Holdings Inc.	COM	34629L103	1,930	1,000	SH		SOLE		1,000	0	0
New Fortress Energy Inc	CL A	644393100	2,557,385	83,602	SH		SOLE		83,602	0	0
Franklin Limited Duration Income Trust	COM	35472T101	3,447,867	549,899	SH		SOLE		549,899	0	0
FS Credit Opportunities Corp	COM	30290Y101	23,645,223	3,987,390	SH		SOLE		3,987,390	0	0
The Gabelli Dividend & Income Trust	COM	36242H104	4,872	212	SH		SOLE		212	0	0
Gabelli Equity Trust Inc	COM	362397101	4,797	869	SH		SOLE		869	0	0
Gabelli Global Small & Mid C	COM	36249W104	2,765	230	SH		SOLE		230	0	0
General American Investors Co Inc	COM	368802104	4,744	102	SH		SOLE		102	0	0
Grupo Aeroportuario del Sureste SAB de CV	SPON ADR SER B	40051E202	1,203,017	3,775	SH		SOLE		3,775	0	0
The Herzfeld Caribbean Basin Fund Inc	COM	42804T106	6,580,615	2,540,778	SH		SOLE		2,540,778	0	0
Highland Floating Rate Opportunities Fund	SHS BEN INT	43010E404	22,044,660	3,135,798	SH		SOLE		3,135,798	0	0
Invesco California Value Municipal Income Trust	COM	46132H106	242,167	24,314	SH		SOLE		24,314	0	0
Invesco Exch Traded Fd Tr II	CEF INM COMPSI	46138E404	16,211	860	SH		SOLE		860	0	0
Investco CurrencyShares Japan	Japanese Yen	46138W107	257,044	4,198	SH		SOLE		4,198	0	0
Invesco QQQ Tr	UNIT SER 1	46090E103	119,883	270	SH		SOLE		270	0	0
Invesco Tr Invt Grade New Yo	COM	46131T101	245,820	22,867	SH		SOLE		22,867	0	0
iShares Tr	TRS FLT RT BD	46434V860	226,534	4,469	SH		SOLE		4,469	0	0
Japan Smaller Capitalization Fund Inc	COM	47109U104	9,783	1,226	SH		SOLE		1,226	0	0
The Korea Fund Inc	COM NEW	500634209	9,867	388	SH		SOLE		388	0	0
Lennar Corp	CL A	526057104	1,625,211	9,450	SH		SOLE		9,450	0	0
Liberty All Star Growth Fund Inc	COM	529900102	4,656	848	SH		SOLE		848	0	0
Liberty All Star Equity Fund	SH BEN INT	530158104	4,819	674	SH		SOLE		674	0	0
Marriott Vacations Worldwide Corp	COM	57164Y107	1,203,775	11,174	SH		SOLE		11,174	0	0
Martin Marietta Materials Inc	COM	573284106	2,357,530	3,840	SH		SOLE		3,840	0	0
MasTec Inc	COM	576323109	3,251,814	34,872	SH		SOLE		34,872	0	0
Matterport Inc	CL A	577096100	1,652	731	SH		SOLE		731	0	0
Meta Platforms Inc	CL A	30303M102	48,558	100	SH		SOLE		100	0	0
Mexico Equity & Income Fd	COM	592834105	12,855	1,112	SH		SOLE		1,112	0	0
The Mexico Fund, Inc.	COM	592835102	12,397	645	SH		SOLE		645	0	0
MFS High Yield Municipal Trust	SH BEN INT	59318E102	650,978	195,489	SH		SOLE		195,489	0	0
MFS Investment Grade Municipal Trust	SH BEN INT	59318B108	653,064	85,704	SH		SOLE		85,704	0	0
MFS Municipal Income Trust	SH BEN INT	552738106	2,768,052	515,466	SH		SOLE		515,466	0	0
Morgan Stanley Emerging Mkts	COM	617477104	6,175	1,300	SH		SOLE		1,300	0	0
Morgan Stanley India Investment Fund Inc	COM	61745C105	10,162	443	SH		SOLE		443	0	0
Net Power Inc.	W EXP 06/08/202	64107A113	86,252	29,742	SH		SOLE		29,742	0	0
Netflix, Inc.	COM	64110L106	60,733	100	SH		SOLE		100	0	0
Neuberger Brman Next Genera	COMMON STOCK	64133Q108	3,438,790	292,663	SH		SOLE		292,663	0	0
The New Germany Fund Inc	COM	644465106	12,656	1,453	SH		SOLE		1,453	0	0
Nexpoint Diversified Rel Et	COM	65340G205	9,349,527	1,416,595	SH		SOLE		1,416,595	0	0
NextEra Energy Inc	COM	65339F101	2,217,485	34,697	SH		SOLE		34,697	0	0
Norwegian Cruise Line Holdings Ltd	SHS	G66721104	4,336,843	207,207	SH		SOLE		207,207	0	0
Nuveen CA Qualty Mun Income	COM	67066Y105	275,225	24,975	SH		SOLE		24,975	0	0
Nuveen Core Equity Alpha Fund	COM	67090X107	4,573	325	SH		SOLE		325	0	0
Nuveen Credit Strategies Income Fund	COM SHS	67073D102	2,553,338	458,409	SH		SOLE		458,409	0	0
Nuveen Dow 30 Dynamic Overwrite Fund	SHS	67075F105	3,464,011	236,290	SH		SOLE		236,290	0	0
Nuveen Floating Rate Income	COM	67072T108	7,484,360	857,315	SH		SOLE		857,315	0	0
Nuveen Mortgage and Income Fund	COM	670735109	1,669,529	94,005	SH		SOLE		94,005	0	0
Nuveen Municipal Credit Inc.	COM SH BEN INT	67070X101	495,047	40,445	SH		SOLE		40,445	0	0
Nuveen NASDAQ 100 Dynamic Overwrite Fund	COM SHS	670699107	1,663,077	68,893	SH		SOLE		68,893	0	0
Nuveen Pfd & Income Opportun	COM	67073B106	8,376,781	1,165,060	SH		SOLE		1,165,060	0	0
Nuveen Quality Municipal Income Fund	COM	67066V101	2,878,041	251,138	SH		SOLE		251,138	0	0
Nuveen Vriabl Rat Pfd & Inm	COM	67080R102	2,908,351	162,387	SH		SOLE		162,387	0	0
NWTN Inc	W EXP 12/31/202	G6693P114	1,532	26,327	SH		SOLE		26,327	0	0
OFG Bancorp	COM	67103X102	1,746,782	47,454	SH		SOLE		47,454	0	0
OFS Credit Company Inc	COM	67111Q107	9,328,692	1,302,890	SH		SOLE		1,302,890	0	0
OneSpaWorld Holdings Limited	COM	P73684113	989,062	74,759	SH		SOLE		74,759	0	0
Oppfi Inc Com	CL A	68386H103	14,139	5,898	SH		SOLE		5,898	0	0
PGIM Global Short Duration High Yield Fund, Inc.	COM	69346J106	10,668	892	SH		SOLE		892	0	0
PIMCO Access Income Fund	SHS BENFIN INT	72203T100	1,546,699	98,328	SH		SOLE		98,328	0	0
PIMCO Dynamic Income Strategy Fund	COM SH BEN INT	69346N107	28,279,335	1,333,302	SH		SOLE		1,333,302	0	0
PIMCO Income Strategy FdII	COM	72201J104	1,449,806	194,344	SH		SOLE		194,344	0	0
Pioneer Diversified High Income Trust	COM	723653101	2,233,417	188,082	SH		SOLE		188,082	0	0
Playa Hotels & Resorts Nv	SHS	N70544106	1,959,963	202,058	SH		SOLE		202,058	0	0
Popular Inc	COM NEW	733174700	2,512,591	28,523	SH		SOLE		28,523	0	0
ProShares Short VIX Short-Term Futures ETF	SHT VIX ST TRM	74347W130	6,201	110	SH		SOLE		110	0	0
Purecycle Technologies Inc	W Exp 01/28/202	74623V111	4,545	2,457	SH		SOLE		2,457	0	0
Rivernorth Flexible Mun Income Fund II, Inc.	COM	76883Y107	3,175,480	226,335	SH		SOLE		226,335	0	0
RiverNorth Managed Duration Municipal Income Fund II, Inc	COM	76882M104	371,861	23,054	SH		SOLE		23,054	0	0
Royal Caribbean Group	COM	V7780T103	3,801,645	27,348	SH		SOLE		27,348	0	0
Royce Value Trust Inc	COM	780910105	5,021	331	SH		SOLE		331	0	0
SABA Capital Income & Oprnt	SHS NEW	78518H202	3,728,040	511,391	SH		SOLE		511,391	0	0
Saba Capital Income & Opport	COM	880198106	1,507,265	394,572	SH		SOLE		394,572	0	0
Exchange Listed FDS Tr	SABA INT RATE	30151E806	1,260,829	60,998	SH		SOLE		60,998	0	0
Seaboard Corp	COM	811543107	441,677	137	SH		SOLE		137	0	0
SPDR Ser Tr	SPDR BLOOMBERG	78468R663	125,674	1,369	SH		SOLE		1,369	0	0
SPDR Gold Tr	GOLD SHS	78463V107	287,597	1,398	SH		SOLE		1,398	0	0
SPDR S&P 500 ETF Tr	TR UNIT	78462F103	203,997	390	SH		SOLE		390	0	0
SPDR S&P MidCap 400 ETF Tr	UTSER1 S&PDCRP	78467Y107	83,460	150	SH		SOLE		150	0	0
Sprott Physical Gold and Silver Trust	TR UNIT	85208R101	162,720	8,000	SH		SOLE		8,000	0	0
SRH Total Return Fund Inc	COM	101507101	1,911,189	126,905	SH		SOLE		126,905	0	0
Suro Capital Corp	COM	86887Q109	2,446,312	537,651	SH		SOLE		537,651	0	0
The Taiwan Fund Inc	COM	874036106	1,807,464	45,620	SH		SOLE		45,620	0	0
TCW Strategic Income Fund Inc	COM	872340104	9,620	2,000	SH		SOLE		2,000	0	0
Templeton Emerging Markets Fund	COM	880191101	2,149	180	SH		SOLE		180	0	0
Thornburg Incm Builder Opp Tr	COM	885213108	3,304,469	204,358	SH		SOLE		204,358	0	0
TMC The Metals Company Inc	COM	87261Y106	12,811	8,959	SH		SOLE		8,959	0	0
Tortoise Energy Independence	COM	89148K200	3,006,104	89,149	SH		SOLE		89,149	0	0
Tortoise Pipeline & Energy Fund, Inc.	COM	89148H207	109,406	3,460	SH		SOLE		3,460	0	0
Tortoise Pwr & Energy Infras	COM	89147X104	3,558,962	228,345	SH		SOLE		228,345	0	0
Tri-Continental Corp	COM	895436103	4,774	155	SH		SOLE		155	0	0
United States Oil Fund LP	UNITS	91232N207	88,571	1,125	SH		SOLE		1,125	0	0
Vesta Real Estate Corp	ADS	92540K109	1,507,287	38,412	SH		SOLE		38,412	0	0
Virtus Stone HBR Emrg Mkts I	COM	86164T107	5,291	978	SH		SOLE		978	0	0
Virtus Total Return Fund Inc.	COM	92835W107	4,668	838	SH		SOLE		838	0	0
Vulcan Materials Co	COM	929160109	1,424,369	5,219	SH		SOLE		5,219	0	0
Western Asset/Claymore Inflation-Linked Securities & Income Fund	COM SH BEN INT	95766Q106	170,126	20,900	SH		SOLE		20,900	0	0
Western Asset/Claymore Inflation-Linked Opportunities & Income Fund	COM	95766R104	52,073	6,034	SH		SOLE		6,034	0	0
Western Asset Mortgage Opp Fund Inc.	COM	95790B109	2,575,509	219,941	SH		SOLE		219,941	0	0
Wisdomtree Tr	Floating Rat Trea	97717Y527	50,290	1,000	SH		SOLE		1,000	0	0