The Herzfeld Balanced Composite invests in closed-end funds with the goal of maximizing risk adjusted total return. The benchmark used for this strategy is the 60/40 blend of S&P500TR/iShares Core U.S. Aggregate Bond ETF.
The Herzfeld Fixed Income Composite invests in closed-end funds which invest in the U.S. Fixed Income market with the goal of generating durable yield while maximizing risk adjusted total return. The benchmark used for this strategy is the iShares Core U.S. Aggregate Bond ETF.
The Herzfeld Tax-Exempt Composite invests in closed-end funds of the U.S. Municipal Bond market to maximize risk-adjusted total return, benchmarked against the iShares National Municipal Bond ETF (MUB).
The Herzfeld Preferred Portfolio Composite invests in preferred shares, baby bonds, and senior notes, targeting risk-adjusted total return against the S&P Preferred Stock Total Return Index.
Herzfeld Advisors runs closed-end fund investment strategies for institutional and private-wealth clients, grounded in its own closed-end fund research.
