Herzfeld Credit Income Fund Stock Price, News & Analysis

Herzfeld Credit Income Fund (NASDAQ: HERZ) declared a year-end distribution estimated at $11,031,035, expected to be characterized as long-term capital gains. The distribution is estimated at $0.6867 per share (est), with an ex-date and record date of 11/21/2025 and payment on 12/31/2025. Stockholders may elect cash or common stock, but total cash is limited to 20% of the distribution; approximately 80% will be paid in shares. Election deadline is 5:00 PM ET on 12/16/2025.

The Fund announced first investments in CLO equity, debt and structured credit and adopted a new policy to pay regular monthly distributions of net investment income beginning January 2026; NAV will be calculated monthly going forward.

Herzfeld Credit Income Fund (NASDAQ: HERZ) announced final results of its cash tender offer dated October 15, 2025 and disclosed on October 21, 2025. The Fund offered to purchase up to 5% (845,433 shares) of outstanding common shares at 97.5% of NAV, with a purchase price of $2.5935 per share. A total of 11,603,885 shares were properly tendered, producing a pro-ration factor of 7.2858%, so the Fund will purchase 845,433 shares. The Fund’s outstanding common shares after the tender offer will be 16,063,219. EQ Fund Solutions served as information agent and shareholder questions are directed to (877) 536-1555.

Herzfeld Credit Income Fund (NASDAQ: HERZ) announced preliminary results of a cash tender offer to buy up to 5% (845,433 shares) of outstanding common shares at 97.5% of NAV ($2.5935) as of the close of trading on October 15, 2025.

Shareholders properly tendered 11,603,885 shares, creating an oversubscription that will require a pro‑rata purchase (disregarding fractional shares). Results are preliminary, based on depositary data, and the Fund expects to announce final results on or about October 20, 2025. For questions, shareholders may call EQ Fund Solutions at (877) 536-1555.

Herzfeld Credit Income Fund (NASDAQ: HERZ) has announced a Tender Offer to purchase up to 5% of its outstanding common shares. The Fund will buy back shares at 97.5% of NAV per Common Share, with the NAV to be determined at market close on October 15, 2025.

The Tender Offer, initially announced on August 25, 2025, is now officially commencing with formal documentation available to shareholders. The purchase price will be paid in cash, subject to terms outlined in the Offer to Purchase dated September 17, 2025, and related documentation.

Herzfeld Credit Income Fund (NASDAQ:HERZ) has announced plans to initiate a tender offer in September 2025 for up to 5% of its outstanding shares at 97.5% of NAV. This move is part of the Fund's ongoing strategy to address its trading price discount to net asset value (NAV).

The tender offer follows the Fund's Board of Directors' approval to continue the previously announced plan from May 31, 2019, which has been modified and extended to June 30, 2026. Under the modified Self-Tender Policy, the Fund will commence the tender offer by October 31, 2025, provided that the average discount was greater than 10% for the previous fiscal year.

Herzfeld Credit Income Fund (NASDAQ: HERZ) announced Board-approved changes to its Dividend Reinvestment Plan, effective 30 days after shareholder notification. The key modification allows the Fund to issue new shares to Plan participants regardless of whether the stock trades at a premium or discount to NAV, eliminating the previous requirement to purchase shares on the open market when trading below NAV.

The amended Plan will price reinvested distributions at 95% of the market price at close of trading on the NASDAQ Capital Market, or if no sales occur, using the average of closing bid and ask quotations.