Thomas J. Herzfeld Advisors, Inc.

Annual Report of Proxy Voting Record of Registered Management Investment Company

Annual Report of Proxy Voting Record of Registered Management Investment Company

Annual Report of Proxy Voting Record of Registered Management Investment Company

Shareholder Letter

none

Thomas J. Herzfeld Advisors, Inc.

Thomas J. Herzfeld Advisors, Inc.

none

Thomas J. Herzfeld Advisors, Inc.

Thomas J. Herzfeld Advisors, Inc.

none

none

Thomas J. Herzfeld Advisors, Inc.

Thomas J. Herzfeld Advisors, Inc.

none

Thomas J. Herzfeld Advisors, Inc.

Thomas J. Herzfeld Advisors, Inc.

Thomas J. Herzfeld Advisors, Inc.

Thomas J. Herzfeld Advisors, Inc.

none

Thomas J. Herzfeld Advisors, Inc.

Thomas J. Herzfeld Advisors, Inc.

Thomas J. Herzfeld Advisors, Inc.

Thomas J. Herzfeld Advisors, Inc.

Application for an order under the Investment Company Act (exemptive relief) (amendment)

Application for an order under the Investment Company Act (exemptive relief) (amendment)