Herzfeld Credit Income Fund, Inc. (NASDAQ: HERZ) reported an estimated net asset value (NAV) of $19.13 per share as of August 31, 2026. The update was announced by its investment adviser, Thomas J. Herzfeld Advisors, Inc., on September 16, 2026.

Fund Overview

The 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. Its primary investment objective is maximizing risk-adjusted total returns, with a secondary goal of generating high current income for stockholders.

The Fund’s strategy focuses on investing in credit-related instruments. This includes equity and junior debt tranches of collateralized loan obligations (CLOs).

Advisor Profile

Thomas J. Herzfeld Advisors, Inc., founded in 1984, serves as the Fund’s investment adviser. The firm is an SEC-registered investment advisor specializing in investment analysis and account management for closed-end funds.

Risk Factors

Shares of closed-end funds often trade at a discount to their net asset value. There is no assurance that share repurchases will reduce or eliminate this discount. Investors are advised to consider the Fund’s risks, charges, and expenses before investing.

Forward-looking statements in this release are subject to risks and uncertainties. Actual results may differ materially from historical performance due to factors such as CLO investment risks, dependence on CLO managers, and market disruptions.

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.