Herzfeld Credit Income Fund, Inc. (NASDAQ: HERZ) declared monthly cash distributions of $0.17 per share for October, November, and December 2026.

The closed-end investment company announced the payouts on September 11, 2026, consistent with its policy to distribute substantially all net investment income and net short-term capital gains to stockholders.

Distribution Schedule

The fund will pay the distributions in cash to stockholders of record on the respective dates. The schedule for the three-month period is as follows:

Distribution Policy

The distributions align with the fund’s objective of maximizing risk-adjusted total returns while generating high current income. The fund intends to make regular monthly distributions of all or a portion of its net investment income.

To maintain stable distribution levels, the fund may occasionally pay out less than current net investment income or distribute accumulated undistributed income in addition to current earnings. The fund also aims to distribute at least annually all or a portion of its net capital gains. If retained, these gains are subject to federal income tax, with stockholders receiving a corresponding tax credit or refund.

About the Fund

Herzfeld Credit Income Fund is a non-diversified, closed-end management investment company incorporated in Maryland in 1992. It is registered under the Investment Company Act of 1940. Thomas J. Herzfeld Advisors, Inc. serves as the investment adviser.

The fund primarily invests in credit-related instruments, including equity and junior debt tranches of collateralized loan obligations (CLOs). Investors are advised that shares of closed-end funds often trade at a discount to net asset value and are subject to market risks.

Herzfeld Credit Income Fund, Inc. (NASDAQ: HERZ) announced a monthly distribution of $0.17 per share, payable on August 31, 2026 to shareholders of record as of August 17, 2026.

The payout represents the second distribution for the fiscal year, bringing cumulative distributions year-to-date to $0.34 per share. The fund’s estimated net asset value (NAV) per share was $19.24 as of July 31, 2026.

Distribution Breakdown

The current distribution is derived entirely from net investment income. There were no contributions from realized capital gains or return of capital for this period.

Performance Metrics

The fund reported an annualized current distribution rate of 10.60% expressed as a percentage of NAV as of July 31, 2026.

Cumulative total return relative to NAV for the fiscal year through July 31, 2026 was -0.51%. The average annual total return for the five-year period ending July 31, 2026 was -7.29%.

What the Numbers Show

The fund’s distribution policy relies exclusively on net investment income rather than capital gains or return of capital. This structure indicates that the current yield is driven by interest and dividend accruals from its portfolio of credit-related instruments, primarily equity and junior debt tranches of collateralized loan obligations (CLOs), rather than asset sales or principal repayments.

About the Fund

Herzfeld Credit Income Fund, Inc. is a non-diversified, closed-end management investment company incorporated in Maryland. Its primary investment objective is maximizing risk-adjusted total returns, with a secondary objective of generating high current income. The fund is advised by Thomas J. Herzfeld Advisors, Inc.

Distributions are not guaranteed and may vary based on earnings, realized gains, and market conditions. The amounts disclosed are estimates and not provided for tax reporting purposes. Shareholders will receive Form 1099-DIV for federal income tax reporting.