Herzfeld Credit Income Fund, Inc. has announced a monthly distribution of $0.17 per share, payable to shareholders of record as of June 16, 2026. The distribution stems from net investment income and realized capital gains following the implementation of the Fund's new investment strategy focused on credit-related instruments. The payment date is set for June 30, 2026.

The Fund disclosed that the entire $0.17 per share distribution for the current period is sourced from net investment income, representing 100% of the payout. Cumulative distributions for the fiscal year to date total $7.377 per share, comprising $0.51 from net investment income and $6.867 from net realized long-term capital gains. No return of capital or short-term capital gains have been distributed this fiscal year.

As of May 31, 2026, the Fund's net asset value (NAV) per share was $19.70. The annualized current distribution rate expressed as a percentage of NAV is 10.36%, while cumulative fiscal year distributions represent 36.58% of the NAV. The average annual total return for the five-year period ending May 31, 2026, was -8.28%, and the cumulative total return for the fiscal year through May 31, 2026, was -0.10%.

Herzfeld Credit Income Fund, Inc. is a non-diversified, closed-end management investment company incorporated under the laws of the State of Maryland. The Fund's investment adviser is Thomas J. Herzfeld Advisors, Inc. The primary investment objective is maximizing risk-adjusted total returns, with a secondary objective of generating high current income. The Fund focuses on investing in credit-related instruments, including equity and junior debt tranches of collateralized loan obligations (CLOs).

The Fund intends to make regular monthly distributions of net investment income and realized capital gains, consistent with its investment objectives. However, distributions are not guaranteed and may vary based on earnings, realized gains, and market conditions. The amounts and sources of distributions reported are estimates and not provided for tax reporting purposes; actual amounts may differ based on the Fund's investment experience and tax regulations.

Herzfeld Credit Income Fund, Inc. reported an estimated net asset value (NAV) of $19.70 as of May 31, 2026. Thomas J. Herzfeld Advisors, Inc., the investment adviser to the fund, disclosed the figure in a recent update. The NAV represents the per-share value of the fund's assets minus its liabilities.

Fund Overview

Herzfeld Credit Income Fund, Inc. is a non-diversified, closed-end management investment company. It was incorporated under the laws of the State of Maryland on March 10, 1992. The fund is registered as an investment company under the Investment Company Act of 1940 (the "1940 Act").

Investment Objectives and Strategies

The fund's primary investment objective is maximizing risk-adjusted total returns. A secondary objective is generating high current income for stockholders. To achieve these goals, the fund focuses on credit-related instruments. This includes equity and junior debt tranches of collateralized loan obligations, or "CLOs."

Key Details

Thomas J. Herzfeld Advisors, Inc. serves as the fund's investment adviser. Founded in 1984, the adviser is an SEC-registered investment advisor specializing in investment analysis and account management in closed-end funds.