Welcome to our dedicated page for Herzfeld Credit Income Fund SEC filings (Ticker: HERZ), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The Herzfeld Credit Income Fund, Inc. (NASDAQ: HERZ) SEC filings page on Stock Titan provides access to the Fund’s regulatory documents as filed with the U.S. Securities and Exchange Commission. As a non-diversified, closed-end management investment company and regulated investment company, HERZ files periodic and transactional reports that describe its governance, investment policies, distribution practices, and stockholder rights.
Among the key filings for HERZ are proxy statements such as the definitive proxy statement (DEF 14A) filed in October 2025. That document outlines the Fund’s classified Board structure, director elections, quorum and voting requirements, and details of the Annual Meeting of Stockholders. It also confirms that the Fund’s common stock trades on the NASDAQ Capital Market under the ticker "HERZ" and provides information on how stockholders can obtain the Fund’s annual and semi-annual reports.
Investors can also use HERZ’s SEC filings to understand how the Fund operates under the Investment Company Act of 1940 and the Internal Revenue Code of 1986. Filings and related materials explain that the Fund seeks to qualify as a regulated investment company, describe its distribution requirements, and discuss how it may distribute or retain net capital gains. Disclosures associated with tender offers and self-tender policies, referenced in press releases, are filed with the SEC and set out the terms under which the Fund may repurchase a portion of its outstanding shares at a percentage of net asset value.
On Stock Titan, HERZ filings are complemented by AI-powered summaries that highlight the most important points in dense documents such as proxy statements, annual reports, and tender offer materials. These summaries help readers quickly identify information on topics such as Board elections, distribution policies, changes to dividend reinvestment plans, and share repurchase programs. Users can review Forms and schedules related to governance, stockholder meetings, and corporate actions, while AI-generated insights clarify complex regulatory language and point to sections that discuss risk factors, voting procedures, and the Fund’s status as a NASDAQ-listed closed-end fund.
In addition, Stock Titan’s filings interface is designed to surface updates as new HERZ documents are posted to the SEC’s EDGAR system, helping investors follow changes in policies, capital structure, or governance that are reflected in formal filings. This combination of real-time access and AI explanation allows users to navigate HERZ’s regulatory history more efficiently and to better understand how its filings relate to its investment and distribution practices.
Erik M. Herzfeld reports beneficial ownership of 730,542 shares of Herzfeld Credit Income Fund, Inc., representing 36.47% of the common stock. This is based on 2,002,996 shares outstanding as of February 23, 2025.
He has sole voting and dispositive power over 71,411 shares, and shared power over 659,131 shares held in advisory accounts. On February 18, 2026, advisory clients sold 1,835 shares at $17.3134. The issuer effected a 10‑to‑1 reverse stock split on February 6, 2026, and the amendment reflects post‑split figures, including rounding of fractional shares.
Herzfeld Credit Income Fund, Inc. received an amended Schedule 13D from Thomas J. Herzfeld, et al., updating his beneficial ownership. The filing reports beneficial ownership of 844,762 common shares, or 42.17% of the issuer’s 2,002,996 shares outstanding as of February 23, 2025.
Herzfeld has sole voting and dispositive power over 185,631 shares and shared voting and/or dispositive power over 659,131 shares held in advisory accounts. On February 18, 2026, advisory clients sold 1,835 shares in open-market transactions at $17.3134 per share.
The issuer effected a 10‑to‑1 reverse stock split effective February 6, 2026, and this amendment presents ownership on a post‑split basis, including additional shares from rounding up fractional positions. No individual advisory account holds more than 5% of the fund’s common shares.
Herzfeld Credit Income Fund, Inc. received an updated ownership report from Erik M. Herzfeld and related advisory accounts. The filing states beneficial ownership of 7,381,500 shares of common stock, equal to 37.89% of the 19,483,671 shares outstanding as of December 30, 2025.
The report explains that this amount reflects stock received in the Fund’s December 30, 2025 cash-or-stock distribution of $0.6867 per share, where roughly 20% was paid in cash and about 80% in stock, based on a share price of $2.5799. Mr. Herzfeld received 120,584 shares and advisory clients received 1,141,754 shares through that distribution.
The filing also lists numerous open-market purchases and sales by advisory clients around year-end 2025 and early 2026. It notes that effective February 6, 2026 the Fund executed a 10‑to‑1 reverse stock split, though the reported ownership figures are presented on a pre-split basis for consistency with the prior amendment.
Herzfeld Credit Income Fund, Inc. received an updated ownership report from longtime holder Thomas J. Herzfeld and related advisory accounts. They now beneficially own 8,523,628 common shares, equal to 43.75% of the 19,483,671 shares outstanding as of December 30, 2025.
The filing details a December 30, 2025 distribution of $0.6867 per share, paid about 20% in cash and 80% in stock, based on each investor’s election and an overall cash cap. Mr. Herzfeld received 313,441 shares and advisory clients 1,141,754 shares in stock. Numerous open-market buys and sells around $1.90–$2.76 per share are listed. The issuer effected a 10‑to‑1 reverse stock split effective February 6, 2026, but all amounts in this amendment are reported on a pre-split basis, and no single advisory account holds more than 5% of the fund’s common shares.
Herzfeld Credit Income Fund, Inc. reported that Chairman of the Advisor Thomas J. Herzfeld received additional common shares through a fund distribution. On December 30, 2025, the fund paid a distribution of $0.6867 per share to stockholders, which could be taken in cash or common stock, with total cash for all stockholders capped at 20% of the total payout.
Approximately 80% of this December 2025 distribution was paid in shares of common stock. The stock portion was valued using a price of $2.5799 per share, based on the volume-weighted average trading price on December 12, 15 and 16, 2025. In connection with this distribution, Mr. Herzfeld received 313,441 shares, bringing his directly held beneficial ownership to 1,856,241 common shares of the fund.
Herzfeld Credit Income Fund, Inc. has an updated ownership report from major holder Erik M. Herzfeld and related advisory clients. They beneficially own 7,394,580 shares of common stock, equal to 37.85% of the fund’s 19,483,671 shares outstanding as of December 30, 2025, combining 714,113 shares over which he has sole voting and dispositive power and 6,680,467 shares over which he shares that power.
The fund paid a $0.6867 per-share cash and stock distribution on December 30, 2025, with total cash limited to 20% of the payout and the remainder in stock priced at $2.5799 per share. In this distribution, Mr. Herzfeld received 120,584 shares and advisory clients received 1,140,165 shares. Advisory client accounts also sold blocks of shares in open market trades between December 24, 2025 and January 7, 2026 at prices between $1.9612 and $2.7619 per share.
Herzfeld Credit Income Fund, Inc. (HERZ) filed a Form 4 indicating that the reporting person is a retired director. The filing notes it is made solely to check the exit box for board member retirement, and does not report any acquisitions or disposals of the company’s securities. This means the individual is no longer serving on the board and is updating insider reporting status accordingly.
Herzfeld Credit Income Fund (HERZ) reported an insider transaction on Form 4. On 10/21/2025, the reporting person disposed of 121,238 shares of common stock at $2.5935 per share in connection with the issuer’s tender offer.
Following the transaction, the insider beneficially owned 1,542,799 shares, held directly. The filing notes the shares were tendered pursuant to the Fund’s tender offer, with a final proration factor of 7.2858%. The reporting person’s relationship to the issuer is listed as Chairman of the Advisor.
Herzfeld Credit Income Fund (HERZ) reported an insider transaction by a director. On 10/21/2025, the reporting person disposed of 9,600 shares of common stock at a price of $2.5935 per share through participation in the company’s issuer tender offer. Following this transaction, the director beneficially owns 122,166 shares directly. The filing notes the shares were accepted pursuant to the tender offer described in a Schedule TO filed on September 17, 2025, with a final proration factor of 7.2858%.
Herzfeld Credit Income Fund (HERZ) — Form 4 insider activity: A reporting person identified as a portfolio manager disposed of 3,679 shares of common stock on 10/21/2025 at
The explanation notes the final proration factor for the tender offer was