The Herzfeld Caribbean Basin Fund, Inc. Declares $0.635 Per Share Year-End Distribution

MIAMI BEACH, FL--(Marketwired - Dec 18, 2014) - The Board of Directors of The Herzfeld Caribbean Basin Fund, Inc. (NASDAQ: CUBA) declared a year-end distribution of $0.635 per share which is estimated to consist of $0.596 per share from net long-term capital gains, and $0.039 per share from short-term capital gains. The distribution is payable on January 7, 2015 to stockholders of record on December 30, 2014. The distribution is taxable to stockholders for the calendar year 2014. The distribution will be payable in cash. 

The final determination of the source and tax characteristic of the distribution will be made after the end of 2014.

Please note that for shareholders enrolled in the Fund's Dividend Distribution Reinvestment Plan ("Plan"), the distribution will be reinvested in additional shares of the Fund as described in the Plan. 

The Herzfeld Caribbean Basin Fund, Inc. is a closed-end fund managed by HERZFELD/CUBA a division of Thomas J. Herzfeld Advisors, Inc. (based in Miami). The Fund seeks long-term capital appreciation. To achieve its objective the Fund invests in issuers that are likely, in the Advisor's view, to benefit from economic, political, structural and technological developments in the countries in the Caribbean Basin, which the Fund considers to 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, Venezuela and the United States.

Thomas J. Herzfeld Advisors, Inc. specializes in the field of closed-end funds. Information about the advisor and the Fund can be found at www.herzfeld.com. 

NASDAQ Capital Market: CUBA
Cusip: 42804T106

For further information contact:
Reanna Lee
305-271-1900

Thomas J. Herzfeld Advisors, Inc.
119 Washington Avenue, Suite 504
Miami Beach, FL 33139
www.herzfeld.com