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#Herzfeld Caribbean Basin Fund Invokes Strategic Shift Towards CLO Equity as Market Dynamics Shift

Summary by csimarket.com
In a significant move indicative of changing market dynamics and investment priorities, The Herzfeld Caribbean Basin Fund, Inc. (NASDAQ: CUBA) announced today the convening of a special meeting of stockholders set for June 17, 2025. This comes as the Fund prepares to pivot away from its traditional investment strategy, redirecting its focus towards a Collateralized Loan Obligation (CLO) Equity Strategy. The announcement, made from the Fund's hea…
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csimarket.com broke the news in on Tuesday, May 13, 2025.
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