The Herzfeld Caribbean Basin Fund, Inc. SC TO-I
Exhibit 107
Calculation of Filing Fee Tables
SC TO-I
(Form Type)
The Herzfeld Caribbean Basin Fund, Inc.
(Name of Issuer)
The Herzfeld Caribbean Basin Fund, Inc.
(Name of Person(s) Filing Statement)
Table 1: Transaction Valuation
| | Transaction | | Fee | | Amount of |
Fees to Be Paid | | $1,534,139.39(1) | | $0.0001102 | | $169.06(2) |
Fees Previously Paid | | — | | | | — |
Total Transaction Valuation | | $1,534,139.39(1) | | | | |
Total Fees Due for Filing | | | | | | $169.06(2) |
Total Fee Previously Paid | | | | | | — |
Total Fee Offsets | | | | | | — |
Net Fee Due | | | | | | $169.06(2) |
(1)Calculated as the aggregate maximum purchase price for common shares of beneficial interest, based upon the net asset value per share as of October 7, 2022, of $4.65. This amount is based upon the offer to purchase up to 338,382 common shares of beneficial interest, par value $0.001 per share, of The Herzfeld Caribbean Basin Fund, Inc.
(2)Calculated at $110.20 per $1,000,000.00 of the Transaction Valuation, pursuant to Rule 0-11 under the Securities Exchange Act of 1934, as amended, as modified by Fee Rate Advisory No. 1 for fiscal year 2023.