Edgar Filing: HERZFELD CARIBBEAN BASIN FUND INC

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

FORM N-PX

ANNUAL REPORT OF PROXY VOTING RECORD OF REGISTERED MANAGEMENT

INVESTMENT COMPANY

Investment Company Act file number 811-06445

The Herzfeld Caribbean Basin Fund, Inc.

(Exact name of registrant as specified in charter)

PO Box 161465, Miami, FL	33116
(Address of principal executive offices)	(Zip code)

(Name and address of agent for service)

Registrant's telephone number, including area code: 305-271-1900

Date of fiscal year end: 6/30

Date of reporting period: year-ended 6/30/06

Form N-PX is to be used by a registered management investment company, other than a small business investment company registered on Form N-5 (ss.ss. 239.24 and 274.5 of this chapter), to file reports with the Commission, not later than August 31 of each year, containing the registrant's proxy voting record for the most recent twelve-month period ended June 30, pursuant to section 30 of the Investment Company Act of 1940 and rule 30b1-4 thereunder (17 CFR 270.30b1-4). The Commission may use the information provided on Form N-PX in its regulatory, disclosure review, inspection, and policymaking roles.

A registrant is required to disclose the information specified by Form N-PX, and the Commission will make this information public. A registrant is not required to respond to the collection of information contained in Form N-PX unless the Form displays a currently valid Office of Management and Budget ("OMB") control number. Please direct comments concerning the accuracy of the information collection burden estimate and any suggestions for reducing the burden to the Secretary, Securities and Exchange Commission, 450 Fifth Street, NW, Washington, DC 20549-0609. The OMB has reviewed this collection of information under the clearance requirements of 44 U.S.C. ss. 3507.

SEC 2451 (4-03)

Persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.

ITEM 1. PROXY VOTING RECORD:

Mtg Date	Company - Ticker Symbol	Security/	Mgmt	Vote	Shares	Shares
/Type	/Ballot Issues	Proponent	Rec	Cast	Available	Voted

10/14/2005	Alfa S.A.	MXP000511016		With	5,300	5,300
EGM
	Approve MXN 24 Million Reduction in Capital	Mgmt	For	For
	Approve Up To $145.1 Million Reduction in Capital	Mgmt	For	For
	Approve Payment of $0.25 Per Share as Reimbursement for Capital Reduction	Mgmt	For	For
	Amend Article 7 to Reflect Changes in Capital	Mgmt	For	For
	Present Report Re: Merger by Absorption of Subsidiary Versax SA de CV by Company	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For	For
	Approve Minutes of Meeting	Mgmt	For	For

3/9/2006	Alfa S.A.	MXP000511016		With	5,400	5,400
EGM
	Amend Articles Re: Change in Address; Compliance with Mexican Securities Regulations Passed 30 December 2005	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For	For
	Approve Minutes of Meeting	Mgmt	For	For

3/31/2006	Alfa S.A.	MXP000511016		With	5,400	5,400
AGM
	Only Class A Shareholders Who Are Mexican Nationals Can Vote
	Accept Financial Statements and Statutory Reports for Fiscal Year Ended 12-31-05	Mgmt	For	For
	Approve Allocation of Income and Dividends; Set Maximum Limit of Share Repurchase Reserve	Mgmt	For	For
	Elect Members to Management and Supervisory Board; Determine Their Respective Remuneration	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For	For
	Approve Minutes of Meeting	Mgmt	For	For

4/27/2006	Alsea S.A. de C.V.	MXP001391012		With	300	300
AGM
	Accept Financial Statements and Statutory Reports for Fiscal Year Ended 12-31-05	Mgmt	For	For
	Approve Dividends	Mgmt	For	For
	Accept Annual Report of Audit Committee, Planning and Financing Committee, Evaluation and Compensation Committee, Marketing Committee for Fiscal Year Ended 12-31-05	Mgmt	For	For
	Amend Articles Re: Compliance with Mexican Securities Regulations Passed December 30 2005	Mgmt	For	For
	Elect Directors, Executives, Supervisory Board Members, and Members of Mid-Level Positions of the Company	Mgmt	For	For
	Approve Remuneration of Directors, Supervisory Board Members and Members of Mid-Level Positions of the Company	Mgmt	For	For
	Presentation Re: Share Repurchase Program and Future Reassurance	Mgmt	For	For
	Set Aggregate Nominal Amount of Share Repurchase Reserve	Mgmt	For	For
	Presentation Re: Employee Stock Incentive Plan; Issuance of Shares Pursuant to Plan	Mgmt	For	For
	Authorize Increase in Variable Capital	Mgmt	For	For
	Authorize Increase in Variable Capital and Subsequent Public Offering of Shares	Mgmt	For	For
	Cancel and Exchange Company Shares	Mgmt	For	For
	Grant Special Powers for the Implementation of the Resolutions Approved at this Meeting	Mgmt	For	For
	Authorize Board to Ratify and Execute Approved Resolutions	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For	For

5/22/2006	Alsea S.A. de C.V.	MXP001391012		With	300	300
EGM
	Ratify Resolution Approved at the April 27, 2006. Re: Authorize Increase in Variable Capital and Subsequent Public Offering of Shares	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For	For

12/13/2005	America Movil SA de CV	MXP001691015		With	35,000	35,000
EGM
	Only Class A and AA Shares Are Entitled to Vote at This Meeting
	Approve Extraordinary Dividend of MXN 0.30 Per Class A, AA, and L Shares	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For	For

4/26/2006	America Movil SA de CV	MXP001691015		With	35,600	35,600
AGM
	Only Class A and AA Shares Are Entitled to Vote at This Meeting
	Approve Financial Statements, Allocation of Income, and Distribution of Dividend of MXN 0.10 per Series A, AA, and L Shares	Mgmt	For	For
	Elect Directors, Supervisory Board Members, and Their Respective Alternates; Fix Their Remuneration; Approve Discharge of Directors for Fiscal Year Ended 2005	Mgmt	For	For
	Approve Discharge of Executive, Audit, and Compensation Committees; Elect Members of Committees and Fix Their Remuneration	Mgmt	For	For
	Accept Director's Report on Share Repurchase Plan; Set Limit for Share Repurchase Reserve	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For	For

4/26/2006	America Movil SA de CV	MXP001691213		With	137,300	137,300
EGM
	Only Class L Shares Can Vote at This Meeting
	Elect Directors to Represent Class L Shareholders	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For	For

4/26/2006	America Telecom S.A. de C.V	MX01AM060000		With	12,500	12,500
AGM
	Annual Meeting Agenda (Note: Only Class A Shareholders Who Are Mexican Nationals May Vote)
	Approve Individual and Consolidated Financial Statements and Supervisory and Audit Reports for Fiscal Year Ended 12-31-05; Approve Allocation of Income	Mgmt	For	For
	Approve Discharge of Management Board; Elect Members to Management and Supervisory Board and Their Respective Alternates; Fix Their Remuneration	Mgmt	For	For
	Elect Members to Board Committees and Fix their Remuneration	Mgmt	For	For
	Set Aggregate Nominal Amount of Share Repurchase Reserve for Fiscal Year 2006; Set Guidelines for Share Repurchase Program	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For	For

11/7/2005	Banco Latinoamericano De Export, S.A. - CIB	P16994132		With	21,920	21,920
AGM
	Approve and adopt in full the proposed amended and restated Articles of Incorporation of the bank	Mgmt	For	For

4/18/2006	Banco Latinoamericano De Export, S.A. - CIB	P16994132		With	22,920	22,920
AGM
	Election of Directors	Mgmt	For	For
	Approve the bank's audited financial statements for the fiscal year ended December 31, 2005	Mgmt	For	For
	Appoint KPMG as the bank's independent auditors for the fiscal year ended December 31, 2006	Mgmt	For	For


5/3/2006	Cancervax Corporation - CNVX	13738Y107		With	25,159	25,159
AGM
	Election of Directors	Mgmt	For	For

	To approve the issuance of Cancervax common stock pursuant to the agreement and plan of merger and reorganization, dated as of January 6, 2006 and amended as of March 17,2006, by and among Cancervax, Carlsbad Acquisition Corporation, a wholly-owned subsidiary of Cancervax, Micromet, Inc. and Micromet AG	Mgmt	For	For
	To approve an amendment to Cancervax's amended and restated certificate of incorporation to increase the number of authorized shares of common stock from 75,000,000 shares to 150,000,000 shares	Mgmt	For	For
	To authorize the board of directors of Cancervax to amend in its discretion Cancervax's amended and restated certificate of incorporation to effect a reverse stock split of the Cancervax common stock, at a ratio within the ranger of 1:2 to 1:4	Mgmt	For	For
	To approve an amendment to Cancervax's amended and restated certificate of incorporation to change the name of "Cancervax Corporation" to "Micromet, Inc."	Mgmt	For	For
	To ratify the selection of Ernst & Young LLP as Cancervax's independent registered public accounting firm for the year 2006
	To adjourn the annual meeting to a later date, if necessary, to solicit additional proxies in the event there are insufficient shares present in person or by proxy voting in favor of proposal NOS. 1 through 6	Mgmt	For	For

4/20/2006	Carnival Corporation - CCL	143658300		With	6,500	6,500
AGM
	Election of Directors	Mgmt	For	For
	Re-appoint PricewaterhouseCoopers LLP as independent auditors for Carnival PLC and to ratify the selection of PricewaterhouseCoopers LLP as the independent registered CPA for the firm.	Mgmt	For	For
	Authorize the audit committee of Carnival PLC to agree to the remuneration of the independent auditors	Mgmt	For	For
	Receive the accounts and reports for Carnival PLC for the financial year ended November 30, 2005.	Mgmt	For	For
	Approve the director's remuneration report of Carnival PLC	Mgmt	For	For
	Approve limits on the authority to allot shares by Carnival PLC	Mgmt	For	For
	Approve the disapplication of pre-emption rights for Carnival PLC	Mgmt	For	For
	Approve a general authority for Carnival PLC to buy back Carnival PLC ordinary shares in the open market	Mgmt	For	For

4/27/2006	Carso Global Telecom	MXP740451010		With	11,900	11,900
AGM
	Only A1 shares can vote and they must be Mexican.. only A1 shares can vote and they must be Mexican.. Only A1 Shares Can Vote and They Must Be Mexican
	Approve Individual and Consolidated Financial Statements, Supervisory Report, and Audit Report for Fiscal Year Ended 12-31-05, Approve Allocation of Income	Mgmt	For	For
	Approve Discharge of Management Board; Elect Members to Management and Supervisory Board and Their Respective Alternates; Fix Their Remuneration	Mgmt	For	For
	Elect Board Committees and Fix Their Remuneration	Mgmt	For	For
	Set Aggregate Nominal Amount of Share Repurchase Reserve; Approve Share Repurchase Policy	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For	For

8/25/2005	Caribbean Utilities Company, Ltd. - CUPUF.PK	G1899E146		With	12,000	12,000
AGM
	Election of Directors	Mgmt	For	For
	Re-appointment of PricewaterhouseCoopers a auditors of the company and the authorization of the directors to fix the auditors' remuneration.	Mgmt	For	For
	Amendments to the Company's Articles of Incorporation	Mgmt	For	For

8/17/2005	Consolidated Water Co. LTD - CWCO	G23773107		With	24,300	24,300
AGM
	Election of Directors	Mgmt	For	For
	Approve the amendment to the company's employee's share incentive plan	Mgmt	For	For
	Approve the issuance of ordinary shares to Messrs. Crowley, Gregory McTaggart, Morrison, Pereira and Santha	Mgmt	For	For
	Approve the grant of discretionary authority to Jeffrey M. Parker and Frederick W. McTaggart	Mgmt	For	For
	Elect KPMG as the independent accountants for fiscal year ending December 31, 2005	Mgmt	For	For

4/27/2006	Cemex S.A.	MXP225611567		With	22,716	22,716
EGM
	Class A and B Shares Can Vote at This Meeting; Only Mexican Nationals Own Class A Shares
	Approve 1:2 Class A and B Shares Stock Split	Mgmt	For	For
	Amend Articles Re: Compliance with Mexican Securities Regulations Passed December 30 2005	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For	For

4/27/2006	Cemex S.A.	MXP225611567		With	22,716	22,716
AGM
	Class A and B Shares Can Vote at This Meeting; Only Mexican Nationals Own Class A Shares
	Accept Financial Statements and Statutory Reports for 2005	Mgmt	For	For
	Approve Allocation of Income; Set Maximum Amount for Share Repurchase	Mgmt	For	For
	Approve Variable Capital Increase Through Capitalization of Accumulated Profits Account	Mgmt	For	For
	Elect Directors, Supervisory Board Members, and Chairman of the Audit and Corporate Practices Committee	Mgmt	For	For
	Approve Remuneration of Directors, Supervisory Board, and Audit and Corporate Practices Committee	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For	For

6/12/2006	Cemex S.A.	MXP225611567		With	22,716	22,716
EGM
	Meeting For CPO Shareholders
	Amend CPO Prospectus (Cemex.CPO) and Trust Deed 111033-9 with The National Bank of Mexico Re: 2:1 Stock Split on Class and Class B Shares Approved at April 27,2006 EGM	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For	For
	Approve Minutes of Meeting	Mgmt	For	For

4/27/2006	Cemex, S.A. de C.V. - CX	151290889		With	1,500	1,500
EGM
	Proposal to split each of the Company's ordinary common shares series "A" and series "B" shares and Amend Article 6 of the Company's By-Laws	Mgmt	For	For
	Proposal to change the Company's By-Laws	Mgmt	For	For
	Appointment of delegates to formalize the resolutions adopted at the meeting and the changes in the Company's By-Laws or Estatutos Sociales, if applicable.	Mgmt	For	For
	Approval of the financial statements for the fiscal year ended December 31, 2005	Mgmt	For	For
	Allocation of profits and the maximum amount of funds to be used for the purchase of company shares	Mgmt	For	For
	Proposal to increase the capital stock of the company in its variable portion	Mgmt	For	For
	Appointment of directors and statutory auditors, and president of the audit committee and societal practices	Mgmt	For	For
	Compensation of directors, statutory auditors and audit and societal practices committee	Mgmt	For	For
	Appointment of delegates to formalize the resolutions adopted at the meeting	Mgmt	For	For

3/8/2006	Coca-Cola Femsa S.A.	MXP2861W1067		With	200	200
AGM
	Accept Financial Statements and Statutory Reports for the 2005 Fiscal Year	Mgmt	For	For
	Approve Allocation of Income and Cash Dividends	Mgmt	For	For
	Establish Maximum Amount to be Allocated for Share Repurchase Program	Mgmt	For	For
	Elect Directors, Supervisory Board Members, and their Respective Alternates, and Approve Their Remuneration	Mgmt	For	For
	Elect Board Committee Members	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For	For
	Approve Minutes of Meeting	Mgmt	For	For

3/8/2006	Coca-Cola Femsa, S.A. de C.V. - KOF	191241108			4,800	4,800
EGM
	Election of the members of the board of directors and examiners, principal and alternates for fiscal year 2006	Mgmt	None	For
	Reading and approval of the minutes of the ordinary shareholders' meeting	Mgmt	None	For
	Approval of the minutes of the ordinary shareholder's meeting	Mgmt	None	For
	Proposal not to cancel and make available to the board of the company the "L" Shares issued by resolution of the meeting on 12/20/02	Mgmt	None	For
	Appointment of delegates	Mgmt	None	For
	Reading and approval of the minutes of the special shareholder's meeting	Mgmt	None	For


3/8/2006	Coca-Cola Femsa S.A.	MXP2861W1067		With	200	200
EGM
	Special Meeting Agenda - L Shareholders Only
	Approve Not Cancellation of 98.7 Million Series L Shares Approved at the EGM Held On 12-20-02, which were not Subscribed by Series L Holders in Exercise of their Pre-emptive Rights	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For	For
	Approve Minutes of Meeting	Mgmt	For	For

4/20/2006	Consorcio ARA S.A.	MXP001161019		With	4,300	4,300
AGM
	Ordinary Business
	Accept Individual and Consolidated Financial Statements, Statutory Reports, and Supervisor's Reports for Fiscal Year Ended 12-31-05	Mgmt	For	For
	Approve Allocation of Income and Dividends of MXN 3.80 Per Share	Mgmt	For	For
	Accept Audit Committee Report	Mgmt	For	For
	Set Aggregate Nominal Amount of Share Repurchase Reserve	Mgmt	For	For
	Elect Directors, Board Secretary and Alternate, and Supervisory Board; Approve Discharge and Remuneration of Directors, Board Secretary and Alternate, and Supervisory Board	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For	For
	Special Business
	Approve Stock Split; Amend Company Articles to Reflect Stock Split	Mgmt	For	For
	Amend Company Articles to Comply with Mexican Stock Market Regulations Article 14 Bis 3 Subsection VII	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For	For

4/6/2006	Controladora Comercial Mexicana S.A.	MXP200821413		With	3,700	3,700
AGM
	Only Class B Shareholders May Vote
	Special Business
	Amend Articles Re: Compliance with Mexican Securities Regulations Passed 30 December 2005	Mgmt	For	For
	Approve Merger by Absorption of Inmobiliaria Cinematografica Ecatepec, S.A. de C.V.	Mgmt	For	For

4/6/2006	Controladora Comercial Mexicana S.A.	MXP200821413		With	3,700	3,700
AGM
	Ordinary Business
	Approve Financial Statements and Statutory Reports for 2005, Approve Report on Share Repurchase and Reissuance of Shares, and Approve Discharge Directors	Mgmt	For	For
	Approve Allocation of Income and Dividends of MXN 0.138 per Unit Share; Set Maximum Limit for Share Repurchase Fiscal Year 2006	Mgmt	For	For
	Elect Members of Management Board, Supervisory Board, Executive Committee, and Audit Committee and Approve Their Remuneration	Mgmt	For	For
	Designate Inspector or Shareholder Representatives of Minutes of Meeting	Mgmt	For	For

4/21/2006	Corporacion Geo S.A. de C.V.	MXP3142C1177			1,700	0
AGM
	Present Financial Statements and Statutory Reports Including Audit Committee's Report for Fiscal Year Ended 12-31-05	Mgmt	For
	Accept Financial Statements and Statutory Reports	Mgmt	For
	Approve Discharge of Management	Mgmt	For
	Approve Allocation of Income	Mgmt	For
	Elect Directors, Supervisory Board, and Board Secretary	Mgmt	For
	Elect Chairman to Audit Committee and Corporate Practices Committee	Mgmt	For
	Approve Remuneration of Directors, Supervisory Board, and Board Secretary	Mgmt	For
	Set Aggregate Nominal Amount of Share Repurchase Reserve	Mgmt	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For
	Approve Minutes of Meeting	Mgmt	For

4/21/2006	Corporacion Geo S.A. de C.V.	MXP3142C1177		With	1,700	1,700
EGM
	Amend Articles Re: Compliance with Mexican Securities Regulations Passed December 30, 2005	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For	For
	Approve Minutes of Meeting	Mgmt	For	For

4/25/2006	Corporacion Interamericana De Entretenimiento, S.A.	MXP201161017		With	3,200	3,200
AGM
	Special Business
	Authorize Capitalization of Reserves of MXN 5.96 Billion	Mgmt	For	For
	Ordinary Business
	Accept Board of Directors' Report	Mgmt	For	For
	Accept Supervisory Board's Report	Mgmt	For	For
	Accept Financial Statements and Statutory Reports	Mgmt	For	For
	Elect Directors and Approve Their Remuneration	Mgmt	For	For
	Authorize Board to Ratify and Execute Approved Resolutions	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For	For
	Special Business
	Approve Increase in Fixed Capital of MXN 564 Million	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For	For

4/28/2006	Desarrolladora Homex S.A. de C.V.	MX01HO000007		With	100	100
AGM
	Accept Financial Statements, Statutory Reports, and Supervisory Board's Report for Fiscal Year Ended 12-31-05	Mgmt	For	For
	Approve Allocation of Income	Mgmt	For	For
	Elect Members to the Board of Directors, Executive Committee, Board Secretary, Supervisory Board, and Their Respective Alternates; Fix Their Remuneration	Mgmt	For	For
	Present Report from the Audit Committee	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For	For

4/28/2006	Desarrolladora Homex S.A. de C.V.	MX01HO000007		With	100	100
EGM
	Amend Articles Re: Compliance with Mexican Securities Market Law	Mgmt	For	For
	Authorize Board to Ratify and Execute Approved Resolutions	Mgmt	For	For

11/16/2005	Desc, S.A. de C.V.	MXP300061415		With	7,900	7,900
EGM
	Only Class A and B Shares Are Entitled to Vote at This Meeting
	Approve Company's Plan to Restructure its Share Capital Re: Reverse Stock Split	Mgmt	For	For
	Amend Articles to Reflect Changes in Capital Re: Share Restructure	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For	For
	Approve Minutes of Meeting	Mgmt	For	For

4/26/2006	Desc, S.A. de C.V.	MXP300061415		With	1,580	1,580
AGM
	Only Holders of A and B Shares Have Voting Rights
	Present Board of Directors and Audit Committee's Report for Fiscal Year Ended 12-31-05	Mgmt	For	For
	Approve Discharge of Management and Board Committees	Mgmt	For	For
	Accept Financial Statements and Statutory Reports for Fiscal Year Ended 12-31-05	Mgmt	For	For
	Approve Allocation of Income	Mgmt	For	For
	Elect Members of Board of Directors, Committee of Directors, and Supervisory Board	Mgmt	For	For
	Approve Remuneration of Directors and Supervisory Board	Mgmt	For	For
	Present Report Re: Compliance with Article 60 (III) of Regulations Set Forth by National Banking and Securities Commission (CNBV)	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For	For
	Approve Minutes of Meeting	Mgmt	For	For

7/14/2005	Empresas ICA S. A.	MXP371491046		With	17,400	17,400
EGM
	Meeting for Mexican Nationals Only
	Approve Increase in Variable Portion of Capital Through Issuance of Shares Without Preemptive Rights	Mgmt	For	For
	Approve Public Offer of New Shares in Mexican Market and Distribution on Other Markets	Mgmt	For	For
	Amend Article 6 to Reflect Changes in Capital	Mgmt	For	For
	Authorize Board to Ratify and Execute Approved Resolutions; Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For	For

4/6/2006	Empresas ICA S. A.	MXP371491046		With	3,583	3,583
AGM
	Present Report on Financial Statements and Statutory Reports for Fiscal Year Ended 12-31-05	Mgmt	For	For
	Accept Supervisory Board's Report	Mgmt	For	For
	Accept Audit Committee's Report	Mgmt	For	For
	Accept Financial Statements and Statutory Reports for Fiscal Year Ended 12-31-05	Mgmt	For	For
	Approve Allocation of Income and Dividends	Mgmt	For	For
	Elect Members to the Board of Directors, Supervisory Board, Board Secretary and Their Respective Alternates	Mgmt	For	For
	Approve Remuneration of Directors and Supervisory Board Members	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For	For

4/28/2006	Florida East Coast Industries, Inc. - FLA	340632108			49,500	0
AGM
	Election of Directors	Mgmt	For
	Ratification of KPMG LLP as independent registered public accounting firm for the 2006 fiscal year	Mgmt	For

2/1/2006	Florida Rock Industries, Inc. - FRK	341140101		With	16,600	16,600
AGM
	Election of Directors	Mgmt	For	For
	Approval of the amended management incentive compensation	Mgmt	For	For
	The approval of the proposed amendment of the company's articles of incorporation to increase the authorized capital stock	Mgmt	For	For

3/10/2006	Fomento Economico Mexicano S.A.	MXP320321310		With	6,300	6,300
AGM
	Annual Meeting Agenda - There are B Unit Shares Consisting of 5 B Shares and Another Set of Units Composed of 1 B Share and 4 D Shares; Only the B Portion of These Can Vote
	Accept Financial Statements and Statutory Reports For Fiscal Year Ended 2005	Mgmt	For	For
	Approve Allocation of Income and Distribute Cash Dividends	Mgmt	For	For
	Set Maximum Amount to be Allocated for Share Repurchase Program	Mgmt	For	For
	Elect Directors and Supervisory Board Members and Determine Their Remuneration	Mgmt	For	For
	Elect Board Committee Members	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For	For
	Approve Minutes of Meeting	Mgmt	For	For

12/15/2005	Gruma S.A.	MXP4948K1056		With	600	600
EGM
	Approve Increase in Fixed Portion of Capital Via Issuance of 30 Million New Shares for Public Offering	Mgmt	For	For
	Approve Public Offer of New Shares	Mgmt	For	For
	Amend Article 6 to Reflect Changes in Capital	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For	For
	Approve Minutes of Meeting	Mgmt	For	For

4/27/2006	Gruma S.A.	MXP4948K1056		With	800	800
AGM
	Accept Financial Statements and Statutory Reports for Fiscal Year Ended 12-31-05	Mgmt	For	For
	Accept Audit Committee Report	Mgmt	For	For
	Approve Allocation of Income and Dividends	Mgmt	For	For
	Set Aggregate Nominal Amount of Share Repurchase Reserve	Mgmt	For	For
	Elect Board of Directors, Supervisory Board, and Their Alternates; Fix their Remuneration	Mgmt	For	For
	Elect Members to Audit Committee; Fix Their Remuneration	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For	For
	Approve Minutes of Meeting	Mgmt	For	For

4/27/2006	Grupo Aeroportuario del Sureste, S.A. de C.V.	MXP001661018		With	700	700
AGM
	Special Business
	Amend Articles Re: Compliance with Mexican Securities Regulations Passed December 30 2005	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For	For

4/27/2006	Grupo Aeroportuario del Sureste, S.A. de C.V.	MXP001661018		With	700	700
AGM
	Ordinary Business
	Accept Individual and Consolidated Financial Statements and Statutory Reports for Fiscal Year Ended 12-31-05; Present Audit Committee's Report and Supervisory Board's Report	Mgmt	For	For
	Approve Allocation of Income	Mgmt	For	For
	Approve Dividends of MXN 0.682 for Series B and BB Shares	Mgmt	For	For
	Elect Members to the Board of Directors, Supervisory Board, and Their Respective Alternates	Mgmt	For	For
	Elect Members to the Board Committees	Mgmt	For	For
	Elect Members to Audit Committee	Mgmt	For	For
	Approve Remuneration of Directors	Mgmt	For	For
	Cancel Series B Class II Company Treasury Shares	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For	For

4/6/2006	Grupo Bimbo	MXP495211262		With	7,600	7,600
AGM
	Accept Financial Statements and Statutory Reports for Fiscal Year Ended 12-31-05	Mgmt	For	For
	Approve Allocation of Income	Mgmt	For	For
	Approve Dividends of MXN 0.31 Per Share	Mgmt	For	For
	Elect Management and Supervisory Board; Fix Their Respective Remuneration	Mgmt	For	For
	Elect Members to the Audit Committee, Evaluation and Compensation Committee, and Finance and Planning Committee; Fix Their Remuneration	Mgmt	For	For
	Present Report Re: Shares Repurchase Program; Set Maximum Amount for Share Repurchase	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For	For

4/25/2006	Grupo Carso S.A. de C.V.	MXP461181085		With	11,000	11,000
AGM
	Annual Meeting Agenda (Note: Only Series A Shareholders and Mexican Nationals Can Vote)
	Accept Financial Statements, Statutory Reports, and Supervisory Board Report for Fiscal Year Ended 12-31-05	Mgmt	For	For
	Approve Allocation of Income and Dividends of MXN 0.30 Per Share	Mgmt	For	For
	Set Aggregate Nominal Amount of Share Repurchase Reserve for an Additional Increment of MXN 3 Billion	Mgmt	For	For
	Approve Discharge of Management Board for Fiscal Year 2005	Mgmt	For	For
	Elect Directors and Supervisory Board Members; Fix Their Remuneration	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For	For

4/27/2006	Grupo Casa Saba, S.A. de C.V. - SAB	40048P104			5,900	5,900
AGM
	Approval of the report submitted by the board of directors pursuant to Article 172 of The General Law on Commercial Companies for the year terminated December 31, 2005 including financial statements	Mgmt	None	For
	Approval of the allocation of profits which shall include the approval and payment of a dividend for the shareholders	Mgmt	None	For
	Resolution regarding the amount that may be destined to the purchase of the company's shares, pursuant to Article 14 BIS 3, paragraph I of the Securities Market Law	Mgmt	None	For
	Presentation of audit committee's annual report, in Article 14 BIS 3, Section IV, Subsection C of the Securities Market Law	Mgmt	None	For
	Appointment or ratification, as the case may be, of the members of the board of directors, as well as the secretary, the alternate secretary and the statutory auditor of the company	Mgmt	None	For
	Appointment or ratification, as the case may be, of the members that shall conform the audit committee	Mgmt	None	For
	Appointment or ratification, as the case may be, of the members that shall conform the executive committee	Mgmt	None	For
	Remuneration for the members of the board of directors, the audit committee and the executive committee, as well as the statutory auditors, the secretary, and the alternate secretary	Mgmt	None	For
	Designation of delegates who will execute the resolutions taken at this meeting	Mgmt	None	For

4/26/2006	Grupo Cementos de Chihuahua	MX01GC2M0006		With	800	800
AGM
	Accept Financial Statements and Statutory Reports for Fiscal Year Ended 12-31-05	Mgmt	For	For
	Accept Supervisory Board Report	Mgmt	For	For
	Accept Management Board Report for Fiscal Year 2005	Mgmt	For	For
	Approve Discharge of Management Board and Officers	Mgmt	For	For
	Approve Allocation of Income and Dividends of MXN 0.38 per Share	Mgmt	For	For
	Set Aggregate Nominal Amount of Share Repurchase Reserve	Mgmt	For	For
	Authorize Board to Appoint Audit Committee Members	Mgmt	For	For
	Elect Members to the Board of Directors and Supervisory Board; Fix Their Remuneration	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For	For
	Approve Minutes of Meeting	Mgmt	For	For

3/29/2006	Grupo Elektra S.A.	MX01EL000003		With	1,380	1,380
AGM
	Accept Financial Statements and Statutory Reports for Year Ended Dec. 31, 2005	Mgmt	For	For
	Approve Financial Statements and Statutory Reports, Allocation of Income for Fiscal Year Dec. 31, 2005	Mgmt	For	For
	Elect Management Board, Supervisory Board Members, and Members to Board Committees	Mgmt	For	For
	Approve Directors' Report Re: Share Repurchase Program, Cancellation of Shares, and Set Limit for Share Repurchase Reserve	Mgmt	For	For
	Analysis, Discussion and Possible Approval of By-Laws for the Audit, Related Parties, Investment and Compensation Committees	Mgmt	For	For
	Analysis, Discussion and Possible Approval of the Revocation of General and Special Powers and the Granting of Powers to Diverse Persons	Mgmt	For	For
	Other Business (Voting)	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For	For

3/29/2006	Grupo Elektra S.A.	MX01EL000003		With	1,380	1,380
EGM
	Approve Partial Amendments of Bylaws	Mgmt	For	For
	Other Business (Voting)	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For	For

10/6/2005	Grupo Financiero Banorte S.A.	MXP370711014		With	4,000	4,000
EGM
	Approve Distribution of Cash Dividend	Mgmt	For	For
	Approve Increase in Variable Portion of Capital	Mgmt	For	For
	Elect Supervisory Board and Fix Their Remuneration	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For	For
	Approve Minutes of Meeting	Mgmt	For	For

4/28/2006	Grupo Financiero Banorte S.A.	MXP370711014		With	16,400	16,400
AGM
	Accept Financial Statements and Statutory Reports for Fiscal Year Ended 12-31-2005; ; Accept Report from Supervisory Board and Audit Committee	Mgmt	For	For
	Approve Allocation of Income	Mgmt	For	For
	Elect Members to the Board of Directors and Supervisory Board	Mgmt	For	For
	Approve Remuneration of Directors and Supervisory Board Members	Mgmt	For	For
	Accept Director's Report on Share Repurchase Plan from 2005; Set Limit for Share Repurchase Reserve for 2006	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For	For
	Approve Minutes of Meeting	Mgmt	For	For

4/20/2006	Grupo Financiero Inbursa S.A. de C.V.	MXP370641013		With	9,900	9,900
AGM
	Accept Financial Statements, Statutory Reports and Reports from the Board, Supervisory Board, and Audit Committee for Fiscal Year Ended 12-31-2005	Mgmt	For	For
	Approve Allocation of Income	Mgmt	For	For
	Approve Distribution of Dividends	Mgmt	For	For
	Elect Directors, Supervisory Board Members, Board Secretary, and Alternate Secretary	Mgmt	For	For
	Approve Remuneration of Directors, Supervisory Board Members, Board Secretary, and Alternate Secretary	Mgmt	For	For
	Appoint Corporate Practices Committee and Audit Committee Members	Mgmt	For	For
	Approve Remuneration of Practices Committee and Audit Committee Members	Mgmt	For	For
	Approve Report Re: Share Repurchase Policy and Set Aggregate Nominal Amount of Share Repurchase Reserve	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For	For

12/16/2005	Grupo Imsa S.A. de C.V.	MXP430241010		With	500	500
EGM
	Only Class B Shares are Entitled to Vote at this Meeting
	Approve Cash Dividend of MXN 0.35713 Per Each Class of Share	Mgmt	For	For
	Elect Directors for the Remainder of the 2005 Fiscal Year	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For	For

12/16/2005	Grupo Imsa S.A. de C.V.	MXP430241010		With	500	500
EGM
	Only Class C Shares are Entitled to Vote at This Meeting
	Approve Conversion of Class C Shares into Common Shares	Mgmt	For	For
	Approve Delisting of Class C Shares From National Securities Registry Re: Conversion of Shares	Mgmt	For	For
	Designate Representative to the General Meeting to Explain Resolutions Adopted in Previous Items	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For	For

12/16/2005	Grupo Imsa S.A. de C.V.	MXP430241010		With	500	500
EGM
	Only Class B Shares are Entitled to Vote at this Meeting
	Approve Conversion of Class C Shares into Common Shares	Mgmt	For	For
	Approve Delisting of Class C Shares From National Security Registry	Mgmt	For	For
	Approve Spin-Off of Company to Create a New Entity	Mgmt	For	For
	Approve Registration of Shares of the New Entity on the National Security Registry and Subsequent Listing of Shares on the Mexican Stock Exchange	Mgmt	For	For
	Approve Reduction in Capital through Cancellation of Treasury Shares	Mgmt	For	For
	Update Registration of Company Shares on National Security Registry and Mexican Stock Exchange	Mgmt	For	For
	Amend Articles to Reflect Changes in Capital	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For	For

4/4/2006	Grupo Imsa S.A. de C.V.	MXP430241010		With	600	600
AGM
	Only Holders of B Shares May Vote at this Meeting
	Accept Individual and Consolidated Financial Statements, Statutory Reports, Supervisory Report, and Audit Committee's Report for Fiscal Year Ended 12-31-05	Mgmt	For	For
	Approve Allocation of Income and Dividends of MXN $0.19406 per Unit Share To Be Paid on 4-17-06	Mgmt	For	For
	Elect Directors to Management and Supervisory Board and Their Respective Alternates for Fiscal Year 2006; Fix Their Remuneration	Mgmt	For	For
	Information Regarding Repurchase of Shares in 2005; Set Aggregate Nominal Amount of Share Repurchase Reserve for 2006	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For	For

4/4/2006	Grupo Imsa S.A. de C.V.	MXP430241010		With	600	600
EGM
	Only Holders of B Shares May Vote at this Meeting
	Amend Articles Re: Compliance with Mexican Securities Regulations Passed 30 December 2005	Mgmt	For	For
	Approve Delisting of Company Shares from the Special Section of the National Registry of Stocks	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For	For

4/27/2006	Grupo Iusacell S.A. de C.V.	MX01CE080006		With	725	725
AGM
	Accept Financial Statements, Statutory Reports, and Board's Report for Fiscal Year Ended 12-31-05	Mgmt	For	For
	Approve Allocation of Income	Mgmt	For	For
	Accept Audit Committee Report	Mgmt	For	For
	Elect Directors	Mgmt	For	For
	Approve Remuneration of Directors, Members of Committees, and Their Alternates	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For	For

4/28/2006	Grupo Mexico S.A. de C.V.	MXP370841019		With	1,200	1,200
AGM
	Annual Meeting Agenda
	Accept Individual and Consolidated Financial Statements and Statutory Reports for Grupo Mexico and its Subsidiaries for Fiscal Year Ended 12-31-05; Accept Report From Supervisory Board	Mgmt	For	For
	Accept Audit Committee Report	Mgmt	For	For
	Approve Allocation of Income	Mgmt	For	For
	Elect Members to the Board, Supervisory Board, Executive Committee, Audit Committee and Corporate Practices Committee	Mgmt	For	For
	Approve Remuneration of Directors, Board Committees and Supervisory Board	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For	For

4/28/2006	Grupo Mexico S.A. de C.V.	MXP370841019		With	1,200	1,200
AGM
	Special Meeting Agenda
	Amend Articles Re: Compliance with Mexican Securities Regulations Passed December 30 2005	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For	For

4/24/2006	Grupo Modelo S.A. de C.V.	MXP4833F1044		With	7,700	7,700
AGM
	Accept Financial Statements, Statutory Reports, and Reports from the Supervisory Board and the Audit Committee for Fiscal Year Ended 12-31-05	Mgmt	For	For
	Approve Allocation of Income and Dividends	Mgmt	For	For
	Approve Remuneration of Directors, Supervisory Board, and Their Respective Alternates; Approve Remuneration of Secretary of the Board and Respective Alternate	Mgmt	For	For
	Elect Directors, Supervisory Board Members, Board Secretary, and Their Respective Alternates	Mgmt	For	For
	Elect Members to Executive Committee	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For	For

4/28/2006	Grupo Televisa, S.A.	MXP4987V1378			13,400	13,400
AGM
	Only Holders of Series A and B Can Vote and A Must be Mexican
	Accept Financial Statements and Statutory Reports for Fiscal Year Ended 12-31-05	Mgmt	For	For
	Present Audit Committee Report in Accordance with Article 14 BIS IV Paragraph C	Mgmt	For	For
	Approve Allocation of Income	Mgmt	For	For
	Set Aggregate Nominal Amount of Share Repurchase Reserve and Discuss Share Repurchase Policy	Mgmt	For	For
	Elect Members of the Board of Directors; Secretary and Deputy Secretary, Other Employees, and Supervisory Board	Mgmt	For	For
	Elect Members of the Executive Committee	Mgmt	For	For
	Elect Members to Audit Committee	Mgmt	For	For
	Approve Remuneration of Directors, Executive and Audit Committee Members, Supervisory Board, Secretary and Deputy Secretary	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For	For

4/28/2006	Grupo Televisa, S.A.	MXP4987V1378		With	13,400	13,400
EGM
	Meeting for Series D Shareholders
	Elect Series D Representatives to the Board of Directors	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For	For

4/28/2006	Grupo Televisa, S.A.	MXP4987V1378			13,400	13,400
EGM
	Meeting for Series L Shareholders
	Elect Series L Representatives to the Board	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For	For

4/28/2006	Grupo Televisa, S.A.	MXP4987V1378		With	13,400	13,400
EGM
	Only Holders of Series A and B Can Vote and A Must be Mexican
	Approve Cancellation of Company's Shares and Subsequent Capital Reduction; Amend Article 6 Accordingly	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For	For

8/15/2005	Hylsamex S.A. de C.V.	MX01HY000005		With	1,665	1,665
EGM
	Elect Members to Management Board in Light of Resignation, Including Board Secretaries, Supervisory Board Members; Fix Their Respective Remuneration	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For	For
	Approve Minutes of Meeting	Mgmt	For	For

10/10/2005	Hylsamex S.A. de C.V.	MX01HY000005		With	100	100
EGM
	Amend Bylaws	Mgmt	For	For
	Cancel Subscription of Shares in National Securities Registry and Delisting from Bolsa Mexicana de Valores (Mexican Stock Exchange)	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For	For
	Approve Minutes of Meeting	Mgmt	For	For

3/1/2006	Kimberly Clark De Mexico S.A. De C.V.	MXP606941179		With	6,100	6,100
AGM
	Meeting for Class A and Class B Shares; Only Mexican May Hold Class A Shares
	Approve Individual and Consolidated Financial Statements and Statutory Report; Approve Allocation of Income	Mgmt	For	For
	Approve Series A, B, and Special Series T Cash Dividend of MXN 2.24 Per Share	Mgmt	For	For
	Elect Members to Management Board, Supervisory Board, and Their Respective Alternates	Mgmt	For	For
	Approve Remuneration of Management Board, Committees' Members, Supervisory Board, and Respective Alternates	Mgmt	For	For
	Accept Report Regarding Share Repurchase; Approve MXN 160,022.26 Reduction in Variable Portion of Capital Through Cancellation of 19.5 Million Ordinary Class II Shares; Set Aggregate Nominal Amount of Share Repurchase Program	Mgmt	For	For
	Approve Conversion of Class II Shares Representatives of Variable Portion of Capital Into Class I Representative of Fixed Portion of Capital Through Reduction in Variable Capital and Subsequent Increase in Fixed Capital	Mgmt	For	For
	Amend Articles Re: Modify Business Lines	Mgmt	For	For
	Amend Articles Re: Compliance With New Mexican Securities Regulations of 12-30-05	Mgmt	For	For
	Approve Merger by Absorption of Promotora de Eficiencia, S.C	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For	For

4/19/2006	Mexichem S.A.	MX01ME050007		With	100	100
AGM
	Accept Statutory Reports	Mgmt	For	For
	Accept Financial Statements	Mgmt	For	For
	Approve Allocation of Income	Mgmt	For	For
	Approve Discharge of Directors	Mgmt	For	For
	Elect Corporate Bodies	Mgmt	For	For
	Approve Remuneration of Directors	Mgmt	For	For
	Authorize Board to Ratify and Execute Approved Resolutions	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For	For

5/18/2006	Mastec, Inc. - MTZ	576323109		With	21,950	21,950
AGM
	Election of Directors	Mgmt	For	For

3/8/2006	The Mexico Fund - MXF	592835102		With	4,081	4,081
AGM
	Election of Directors	Mgmt	For	For

6/27/2006	Ortofix International N.V. - OFIX	N6748L102		With	11,160	11,160
AGM
	Election of Directors	Mgmt	For	For
	Proposal to approve amendments to the Articles of Association (Article 16)	Mgmt	For	For
	Proposal to approve amendments to the Articles of Association (Article 4)	Mgmt	For	For
	Proposal to approve balance sheet and income statement at and for the year ended December 31, 2005	Mgmt	For	For
	Proposal to ratify the selection of Ernst & Young as the independent registered public accounting firm for the Orthofix and its subsidiaries for the fiscal year ending December 31, 2006	Mgmt	For	For

4/28/2006	Promotora Ambiental S.A. de C.V.	MX01PA0B0006		With	100	100
AGM
	Accept Statutory Reports	Mgmt	For	For
	Accept Financial Statements; Approve Allocation of Income	Mgmt	For	For
	Elect Directors, Supervisory Board Members, and Members of Board Committees	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For	For

4/28/2006	Promotora Ambiental S.A. de C.V.	MX01PA0B0006		With	100	100
EGM
	Amend Articles Re: Compliance with Mexican Securities Regulations Passed December 30 2005	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For	For

5/26/2006	Royal Caribbean Cruises LTD - RCL	V7780T103		With	20,500	20,500
AGM
	Election of Directors	Mgmt	For	For
	Ratification of appointment of PricewaterhouseCoopers LLP as the company's independent registered certified public accounting firm for 2006	Mgmt	For	For

2/28/2006	Salomon Bros Emerging Mkts Debt FD Inc - ESD	79550E107			5,096	5,096
AGM
	Election of Directors	Mgmt	For	Withhold

4/27/2006	SARE Holdings S.A. de C.V., MEXICO	MX01SA030007		With	400	400
AGM
	Ordinary Business
	Accept Individual and Consolidated Financial Statements and Statutory Reports for Fiscal Year Ended 12-31-05	Mgmt	For	For
	Approve Allocation of Income	Mgmt	For	For
	Set Aggregate Nominal Amount of Share Repurchase Reserve	Mgmt	For	For
	Present Report Re: Activities of Audit Committee	Mgmt	For	For
	Elect/Ratify Members of Board of Directors, Supervisory Board Member and Alternate, Board Secretary and Alternate	Mgmt	For	For
	Approve Remuneration of Directors and Supervisory Board	Mgmt	For	For
	Elect/Ratify Members of Different Corporate Bodies	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For	For

4/27/2006	SARE Holdings S.A. de C.V., MEXICO	MX01SA030007		With	400	400
AGM
	Special Business
	Amend Bylaws to Comply with New Mexican Securities Law	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For	For

4/24/2006	Seaboard Corporation - SEB	811543107		With	700	700
AGM
	Election of Directors	Mgmt	For	For
	Ratify the appointment of KPMG LLP as independent auditors of the company	Mgmt	For	For
	Approval of a proposed amendment to article third relating to authorized business purposes	Mgmt	For	For
	Approval of a proposed amendment to article third relating to pre-emptive rights and conversion rights	Mgmt	For	For
	Approval of a proposed amendment to article third relating to the company's perpetual existence	Mgmt	For	For
	Approval of a proposed amendment to article third relating to insulation of stockholders from the company's debts	Mgmt	For	For
	Approval of a proposed amendment to article third relating to the powers of the board of directors	Mgmt	For	For
	Approval of a proposed amendment to article third relating to a director's self-interest in transactions	Mgmt	For	For
	Approval of a proposed amendment to article third relating to indemnification of directors and officers	Mgmt	For	For
	Approval of a proposed amendment and restatement of the company's restated certificate of incorporation	Mgmt	For	For

9/29/2005	Siderurgica Venezolana "Sivensa", S.A.- SDNVY.PK	825865603			843	0
AGM
	Consider and resolve on the transfer of all the shares that Siderurgica Venezolana "Sivensa", S.A. owns in Consorcio Siderurgia Amazonia LTD and Vicson S.A., to its affiliate company, Siderurgica De Turbio S.A. "Sidetur"	Mgmt	None

11/28/2005	Telefonos De Mexico S.A. De C.V.	MXP904131085		With	23,400	23,400
EGM
	Only AA and A Shares Can Vote, and AA Shares Must be Held by Mexican Nationals
	Authorize Increase in Share Repurchase Funds by Up to MXN 10 Billion	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For	For

3/30/2006	Telefonos de Mexico S.A. de C.V.	MXP904131085		With	23,800	23,800
EGM
	Only AA and A Shares Can Vote, and AA Shares Must be Held by Mexican Nationals
	Authorize Increase in Share Repurchase Funds by up to MXN 15 Billion	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For	For

4/27/2006	Telefonos de Mexico S.A. de C.V.	AGM		With	23,800	23,800
AGM
	Only AA and A Shares Can Vote, and AA Shares Must be Held by Mexican Nationals
	Accept Financial Statements, Statutory Reports, Directors and Supervisory Board Reports for Fiscal Year Ended 12-31-05	Mgmt	For	For
	Approve Allocation of Income and Dividends of MXN 0.41 Per Share	Mgmt	For	For
	Approve Discharge of Management Board for Fiscal Year 2004 and Specifically Discharge for Resolutions Adopted at the Board Meeting Held on 02-09-2005	Mgmt	For	For
	Elect Directors, Executive Committee, and Supervisory Board Members; Approve Their Respective Remuneration	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For	For

4/27/2006	Telefonos de Mexico S.A. de C.V.	MXP904131325		With	78,600	78,600
EGM
	Only Series L Shareholders are Entitled to Vote at This Meeting
	Elect One Series L Representatives to the Board	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For	For

5/17/2006	Trailer Bridge, Inc. - TRBR	892782103		With	41,799	41,799
AGM
	Election of Directors	Mgmt	For	For
	Approve the amendment to the company's stock incentive plan	Mgmt	For	For

2/20/2006	TV Azteca S.A. de C.V.	MXP740471117		With	13,900	13,900
EGM
	Only A Shares Have Voting Rights and they must be Mexican; CPO composed 1A +1D-A and 1D-L only the A part can vote and must be Mexican
	Approve Reduction in Stated Capital Via Cash Payment to Shareholders; Amend Article 6 of the Bylaws	Mgmt	For	For
	Designate Inspector of Shareholder Representative(s) of Minutes of Minutes	Mgmt	For	For

2/20/2006	TV Azteca S.A. de C.V.	MXP740471117		With	13,900	13,900
EGM
	Only A Shares Have Voting Rights and they must be Mexican; CPO composed 1A +1D-A and 1D-L only the A part can vote and must be Mexican
	Accept Consolidated Financial Statements for Period Ended 10-31-05	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meetings	Mgmt	For	For

4/28/2006	TV Azteca S.A. de C.V.	MXP740471117		With	13,900	13,900
AGM
	Only A Shares Have Voting Rights; Only Holders of CPOs Who Are Mexican Nationals May Vote
	Accept Report of Management Board for Fiscal Year Ended 12-31-05	Mgmt	For	For
	Accept Report of Supervisory Board Related to Management Board Activities for Fiscal Year Ended 12-31-05	Mgmt	For	For
	Accept Financial Statements and Statutory Reports for Fiscal Year Ended 12-31-05	Mgmt	For	For
	Approve Allocation of Income for Fiscal Year Ended 12-31-05	Mgmt	For	For
	Approve Dividend of MXN 0.005155 Per Class D-A and Class D-L Shares	Mgmt	For	For
	Set Aggregate Nominal Amount of Share Repurchase Reserve	Mgmt	For	For
	Elect Directors, Secretary, and Supervisory Board Member	Mgmt	For	For
	Approve Remuneration of Directors, Secretary, and Supervisory Board Member	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For	For

4/28/2006	Urbi Desarrollos Urbanos S.A. de C.V.	MX01UR000007		With	500	500
AGM
	Approve Subdivision of Shares	Mgmt	For	For
	Amend Articles Re: Reflect Change in Number of Shares in Article 8 as a Result of Share Subdivision in Item 1	Mgmt	For	For
	Accept Financial Statements and Statutory Reports	Mgmt	For	For
	Elect Directors, Supervisory Board Members, and Respective Alternates; Approve Their Remuneration	Mgmt	For	For
	Set Aggregate Nominal Amount of Share Repurchase Reserve	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For	For

7/28/2005	US Commercial Corp., S.A.	MX01US000006			3,300	3,300
EGM
	Cancel 62.033 Million Company Treasury Shares and Subsequent Reduction in Capital	Mgmt	For	For
	Approve Merger Agreement with Corporativo Comercial Capital SA; Approve Terms and Conditions of Merger	Mgmt	For	For
	Amend Article 6 of Bylaws	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For	For

4/25/2006	US Commercial Corp., S.A.	MX01US000006			3,300	0
EGM
	Special Business
	Approve Cancellation of Merger Agreement Adopted During the Extraordinary Shareholder Meeting on 7-28-05	Mgmt	For
	Amend Company Article 6	Mgmt	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For

4/25/2006	US Commercial Corp., S.A.	MX01US000006			3,300	3,300
AGM
	Ordinary Business
	Accept Financial Statements, Reports from the Management and Supervisory Boards and the Audit Committee for Fiscal Year Ended 12-31-04, and Approve Allocation of Income	Mgmt	For	For
	Approve Discharge of Management Board; Elect Directors, Supervisory Board Members, and Alternates; Fix Their Remuneration	Mgmt	For	For
	Elect Members to Board Committees; Fix Their Remuneration	Mgmt	For	For
	Set Aggregate Nominal Amount of Share Repurchase Reserve; Approve Company's Policy on Share Repurchase Program	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For	For

4/27/2006	Vitro Corporativo, S.A. de C.V.	MXP9802B1093		With	2,900	2,900
AGM
	Annual Meeting Agenda. Note: Only Class A Shareholders who are Mexican Nationals May Vote
	Accept Financial Statements and Statutory Reports for Fiscal Year 2005	Mgmt	For	For
	Approve Allocation of Income	Mgmt	For	For
	Set Aggregate Nominal Amount of Share Repurchase Reserve	Mgmt	For	For
	Approve Dividends of MXN 0.30 Per Share	Mgmt	For	For
	Elect Directors and Supervisory Board for Fiscal Year 2005 and Determine Their Remuneration	Mgmt	For	For
	Approve Sale of Company Assets in Subsidiary Unit Negocio Crisa, Composed of the Following Sub-Units: Vitrocrisa Holdings, Vitrocrisa Comercial, Vitrocrisa, Crisa Libbey, and Crisa Industrial	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For	For

2/28/2006	Wal-Mart de Mexico S.A. de C.V.	MXP810081010		With	44,612	44,612
AGM
	Ordinary Business - Only V Shares Can Vote
	Accept Chairman's Report	Mgmt	For	For
	Accept Audit Committee's Report	Mgmt	For	For
	Accept Supervisory Board Report	Mgmt	For	For
	Accept Financial Statements for Fiscal Year Ended December 2005	Mgmt	For	For
	Present Report on the Share Repurchase Reserves	Mgmt	For	For
	Special Business
	Approve Cancellation of 201.5 Million Company Treasury Shares	Mgmt	For	For
	Approve Modifications to Article 5 in the Bylaws Re: Changes in Variable and Fixed Capital	Mgmt	For	For
	Ordinary Business
	Approve Allocation of Income	Mgmt	For	For
	Approve Dividend of MXN 0.38 per Share or Stock Calculated as of March 22, 2006	Mgmt	For	For
	Approve MXN 3.28 Million Variable Capital Increase Through Issuance of 164.3 Million Common Shares To Be Paid Back as Dividends at MXN 20 per Share	Mgmt	For	For
	Accept Report Re: Employee Stock Purchase Plan	Mgmt	For	For
	Accept Report Re: Wal-Mart de Mexico Foundation	Mgmt	For	For
	Approve Discharge of the Board of Directors	Mgmt	For	For
	Elect or Ratify Members of the Board of Directors and Supervisory Board	Mgmt	For	For
	Approve Minutes of Meeting	Mgmt	For	For

5/26/2006	Watsco, Inc. - WSO	942622200		With	17,500	17,500
AGM
	Election of Directors	Mgmt	For	For
	Re-approve the material terms of the performance goal under the performance award provisions of the company's 2001 incentive compensation plan	Mgmt	For	For

SIGNATURES

Pursuant to the requirements of the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

(Registrant) The Herzfeld Caribbean Basin Fund, Inc.

By (Signature and Title)* /s/ Thomas J. Herzfeld - President & Chairman

Date August 1, 2006

* Print the name and title of each signing officer under his or her signature.