 MIAMI BEACH, Fla., Dec. 21, 2020 GLOBE NEWSWIRE -- Thomas J. Herzfeld Advisors, Inc. TJHA, an SEC-registered investment advisor, today announced that the Board of Directors the Board of The Herzfeld Caribbean Basin Fund, Inc. NASDAQ: CUBA the Fund has lifted its suspension of the Funds Self-Tender Policy Self- Tender Policy and in so doing reinstated fully the Funds three-year plan to address the Funds trading price discount to its net asset value NAV per share that was previously announced on May 31, 2019 the Plan. In addition, the Board has approved an interim tender offer for shares to take place in January 2021. 