Welcome to our dedicated page for Herzfeld Credit Income Fund news (Ticker: HERZ), a resource for investors and traders seeking the latest updates and insights on Herzfeld Credit Income Fund stock.
Herzfeld Credit Income Fund, Inc. reports recurring closed-end fund developments tied to net asset value, distributions, tender offers, and capital structure. The Fund is a non-diversified closed-end management investment company with common stock listed on Nasdaq under HERZ. Its updates include estimated NAV releases, cash-and-stock distribution announcements tied to regulated investment company requirements, tender offer results for common shares, and the completed 1-for-10 reverse stock split. The Fund also identifies Thomas J. Herzfeld Advisors, Inc. as the SEC-registered investment adviser associated with its closed-end fund management.
Herzfeld Credit Income Fund (NASDAQ: HERZ) reported an estimated net asset value of $2.16 per share as of January 30, 2026. The Fund completed a 1-for-10 reverse stock split effective February 9, 2026, giving a post-split adjusted NAV of $21.56.
Herzfeld Credit Income Fund (NASDAQ: HERZ) announced a 10-for-1 reverse stock split of its common stock. The new CUSIP 42804T205 becomes effective at 5:00pm ET on Feb 6, 2026, and shares will trade post-split at the Nasdaq opening on Feb 9, 2026 under the same symbol, HERZ.
Herzfeld Credit Income Fund (NASDAQ: HERZ) announced a 1-for-10 reverse stock split of its common stock, effective Feb 6, 2026 at 5:00pm ET. Trading will continue on Nasdaq under HERZ and the new CUSIP will be 42804T205. No fractional shares will be issued; shareholders entitled to fractions will receive one whole share in lieu of fractions. Authorized shares remain at 100,000,000. Book-entry holders need take no action; certificate holders will receive instructions from Equiniti Trust Company. The Board approved the Reverse Split on the Investment Manager's recommendation to improve the Fund's price point, broaden institutional appeal, and lower trading costs.
Herzfeld Credit Income Fund (NASDAQ: HERZ) announced its estimated net asset value as of December 31, 2025 was $2.14.
Herzfeld Credit Income Fund (NASDAQ: HERZ) announced a year-end distribution of $0.6867 per share, declared 11/10/2025 and paid on 12/30/2025 with an ex-date of 12/31/2025. Stockholders received cash or common stock by election; cash was limited to 20% of the total distribution. The VWAP used to calculate share issuance was $2.5799 (Dec 12, 15, 16, 2025).
Total cash paid was $2,206,188.40 and total shares issued were 3,420,452. Stock-only electors received ~0.26617 shares per share; ~84.49% of holders elected stock or made no election. Total outstanding shares after the distribution are ~19,483,671. The entire distribution is attributed to net realized long-term capital gains ($0.6867).
Herzfeld Credit Income Fund (NASDAQ: HERZ) corrected its year-end distribution details and announced policy and operational changes on Nov 17, 2025.
The Fund estimates a $11,031,085 distribution (≈$0.6867 per share estimated) with an Ex-Date 12/31/2025, Record Date 11/21/2025 and Payment Date 12/30/2025. Stockholders may elect cash or stock; total cash paid is capped at 20% of the distribution and ~80% will be paid in shares using VWAP from Dec 12, 15 and 16, 2025.
Effective Jan 2026 the Fund will target monthly distributions of net investment income, adopt monthly NAV calculations, and has begun allocations to CLO equity, debt, and structured credit expected to generate income in 2026.
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.