Erik Herzfeld Biography and Net Worth

President of The Herzfeld Caribbean Basin Fund

Erik Herzfeld is President and Portfolio Manager at the firm. Prior to joining the firm, Erik had a decade of experience in Wall Street within the equity and foreign exchange/currency derivatives markets in New York and Asia. He served in quantitative research, trading and management roles with both Lehman Brothers and J.P. Morgan. He headed J.P. Morgan's Specialized Risk Trading (SRT) group which managed a $200 billion derivatives book out of Singapore. Erik is the creator of the Bloomberg-JP Morgan Asia Currency Index "ADXY" (FX basket). He is fluent in Japanese. His Master's thesis at MIT, "Static Replication of Interest Rate Contingent Claims ," was supervised by thesis advisor Professor Andrew Lo. Erik began his career in the investment industry in 1998, and holds FINRA Series 66.

What is Erik Mervin Herzfeld's net worth?: The estimated net worth of Erik Mervin Herzfeld is at least $1.53 million as of March 7th, 2025. Mr. Herzfeld owns 584,930 shares of The Herzfeld Caribbean Basin Fund stock worth more than $1,529,592 as of April 1st. This net worth estimate does not reflect any other investments that Mr. Herzfeld may own. Learn More about Erik Mervin Herzfeld's net worth.
How do I contact Erik Mervin Herzfeld?: The corporate mailing address for Mr. Herzfeld and other The Herzfeld Caribbean Basin Fund executives is , , . The Herzfeld Caribbean Basin Fund can also be reached via phone at (305) 777-1600. Learn More on Erik Mervin Herzfeld's contact information.
Has Erik Mervin Herzfeld been buying or selling shares of The Herzfeld Caribbean Basin Fund?: Erik Mervin Herzfeld has not been actively trading shares of The Herzfeld Caribbean Basin Fund during the last ninety days. Most recently, on Friday, March 7th, Erik Mervin Herzfeld bought 95,999 shares of The Herzfeld Caribbean Basin Fund stock. The stock was acquired at an average cost of $2.60 per share, with a total value of $249,597.40. Following the completion of the transaction, the president now directly owns 584,930 shares of the company's stock, valued at $1,520,818. Learn More on Erik Mervin Herzfeld's trading history.
Who are The Herzfeld Caribbean Basin Fund's active insiders?: The Herzfeld Caribbean Basin Fund's insider roster includes Erik Herzfeld (President), Thomas Herzfeld (Director), and Ryan Paylor (Portfolio Manager). Learn More on The Herzfeld Caribbean Basin Fund's active insiders.
Are insiders buying or selling shares of The Herzfeld Caribbean Basin Fund?: In the last twelve months, The Herzfeld Caribbean Basin Fund insiders bought shares 11 times. They purchased a total of 161,372 shares worth more than $418,109.22. The most recent insider tranaction occured on March, 24th when Chairman Thomas J Herzfeld bought 1,674 shares worth more than $4,519.80. Insiders at The Herzfeld Caribbean Basin Fund own 28.8% of the company. Learn More about insider trades at The Herzfeld Caribbean Basin Fund.
Information on this page was last updated on 3/24/2025.

Erik Mervin Herzfeld Insider Trading History at The Herzfeld Caribbean Basin Fund

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
3/7/2025	Buy	95,999	$2.60	$249,597.40	584,930
11/14/2022	Sell	33,365	$4.98	$166,157.70	200,735
11/12/2021	Sell	30,472	$6.98	$212,694.56
10/24/2018	Buy	33,500	$5.79	$193,965.00
12/21/2017	Buy	10,000	$7.10	$71,000.00
12/8/2017	Buy	21,100	$6.98	$147,278.00
4/6/2017	Buy	15,000	$6.92	$103,800.00	114,435
1/18/2017	Buy	8,255	$6.49	$53,574.95	91,180
12/23/2014	Sell	78,475	$13.38	$1,049,995.50

Erik Mervin Herzfeld Buying and Selling Activity at The Herzfeld Caribbean Basin Fund

The Herzfeld Caribbean Basin Fund Company Overview

The Herzfeld Caribbean Basin Fund Inc. is a closed-ended equity mutual fund launched by Thomas J. Herzfeld Advisors, Inc. The fund is managed by Herzfeld/Cuba. It invests in the public equity markets of the United States. The fund employing fundamental analysis investing in stocks of companies that are likely to benefit from economic, political, structural and technological developments in the countries in the Caribbean Basin, which consist of Cuba, Jamaica, Trinidad and Tobago, the Bahamas, the Dominican Republic, Barbados, Aruba, Haiti, the Netherlands Antilles, the Commonwealth of Puerto Rico, Mexico, Honduras, Guatemala, Belize, Costa Rica, Panama, Colombia and Venezuela. It invests in stocks of companies operating across diversified sectors. The Herzfeld Caribbean Basin Fund Inc. was formed on March 10, 1992 and is domiciled in the United States.

Today's Range

Now: $2.62

$2.57

$2.62

50 Day Range

MA: $2.50

$2.30

$2.70

2 Week Range

Now: $2.62

$2.15

$2.72

Volume

17,566 shs

Average Volume

145,597 shs

Market Capitalization

$18.70 million

P/E Ratio

N/A

Dividend Yield

13.83%

Beta

1.14