{"success":true,"data":{"pressRelease":{"id":"141797","rtpr_id":"nGNX4WTdP2-20260911","ticker":"HERZ","exchange":"NASDAQ","all_tickers":["HERZ"],"title":"Herzfeld Credit Income Fund, Inc. Declares Distributions in Cash","author":"Globe Newswire","published_at":"2026-09-11T19:59:59.814Z","article_body":"MIAMI BEACH, Fla., Sept. 11, 2026 (GLOBE NEWSWIRE) -- Herzfeld Credit Income\nFund, Inc. (NASDAQ: HERZ) (the “Fund”) today declared monthly\ndistributions to stockholders of record as of the Record Dates set forth below\nfor the months of October, November and December.\n\nEach monthly distribution will distribute to stockholders substantially all of\nthe Fund’s net investment income and net short-term capital gains, as set\nforth in the Fund’s Prospectus.  \n\nThe Fund has announced distributions of $0.17 per share for the months of\nOctober, November, and December, to be paid as follows:\n\n Monthly Distribution  Declaration Date  Ex-Date   Record Date  Payment Date  Per Share (estimated)     \n October               9/11/26           10/23/26  10/23/26     11/06/26      $0.17                     \n November              9/11/26           11/16/26  11/16/26     11/30/26      $0.17                     \n December              9/11/26           12/17/26  12/17/26     12/31/26      $0.17                     \n\nThe distribution to stockholders will be paid in cash.\n\nThe schedule above applies to the distribution to stockholders of record on\nthe close of business on the respective Record Dates.\n\nDistribution Policy; Monthly Distribution of Net Investment Income\n\nThe Distributions are consistent with the Fund’s distribution policy:\n\nThe Fund intends to make regular monthly distributions of all or a portion of\nthe Fund’s net investment income to holders of the Fund’s common stock. \n\nAt times, to maintain a stable level of distributions, the Fund may pay out\nless than the Fund’s net investment income or pay out accumulated\nundistributed income in addition to current net investment income.\n\nThe Fund also intends to make at least annual distributions of all or a\nportion of the Fund’s net capital gains (which is the excess of net\nlong-term capital gains over net short-term capital loss) or, alternatively,\nto retain all or a portion of the year’s net capital gains and pay federal\nincome tax on the retained gain. As provided under federal tax law, if the\nFund retains all or a portion of such gains and makes an election,\nstockholders of record as of the end of our taxable year will include their\nattributable share of the retained gain in their income for the year as a\nlong-term capital gain and will be entitled to a tax credit or refund for the\ntax deemed paid on their behalf by the Fund.\n\nAbout the Fund\n\nHerzfeld Credit Income Fund, Inc. (the “Fund”) is a non-diversified,\nclosed-end management investment company incorporated under the laws of the\nState of Maryland on March 10, 1992, and has registered as an investment\ncompany under the Investment Company Act of 1940 (the “1940 Act”). The\nFund’s investment adviser is Thomas J. Herzfeld Advisors, Inc. (the\n“Adviser”). The Fund’s primary investment objective is maximizing risk\nadjusted total returns with a secondary objective of generating high current\nincome for stockholders. In accordance with the investment objective, the\nFund’s current principal investment strategies and policies focus on\ninvesting in credit related instruments, including equity and junior debt\ntranches of collateralized loan obligations, or “CLOs.”\n\nStockholders should consult their tax advisor for proper tax treatment of the\nFund’s distributions\n\nAbout Thomas J. Herzfeld Advisors, Inc.\n\nThomas J. Herzfeld Advisors, Inc., founded in 1984, is an SEC registered\ninvestment advisor, specializing in investment analysis and account management\nin closed-end funds.\n\nMore information about the advisor can be found at www.herzfeld.com.\n\nPast performance is no guarantee of future performance. An investment in the\nFund is subject to certain risks, including market risk. In general, shares of\nclosed-end funds often trade at a discount from their net asset value and at\nthe time of sale may be trading on the exchange at a price which is more or\nless than the original purchase price or the net asset value. There can be no\nassurance that any Share repurchases will reduce or eliminate the discount of\nthe Fund’s market price to the Fund’s net asset value per share. An\ninvestor should carefully consider the Fund’s investment objective, risks,\ncharges and expenses. Please read the Fund’s disclosure documents before\ninvesting.\n\nForward-Looking Statements\n\nThis press release, and other statements that Thomas J. Herzfeld Advisors,\nInc. (“TJHA”) or the Fund may make, may contain forward looking statements\nwithin the meaning of the Private Securities Litigation Reform Act, with\nrespect to the Fund’s or TJHA’s future financial or business performance,\nstrategies or expectations. Forward-looking statements are typically\nidentified by words or phrases such as “trend,” “potential,”\n“opportunity,” “pipeline,” “believe,” “comfortable,”\n“expect,” “anticipate,” “current,” “intention,”\n“estimate,” “position,” “assume,” “outlook,” “continue,”\n“remain,” “maintain,” “sustain,” “seek,” “achieve,” and\nsimilar expressions, or future or conditional verbs such as “will,”\n“would,” “should,” “could,” “may” or similar expressions. TJHA\nand the Fund caution that forward-looking statements are subject to numerous\nassumptions, risks and uncertainties, which change over time. Forward-looking\nstatements speak only as of the date they are made, and TJHA and the Fund\nassume no duty to and do not undertake to update forward-looking statements.\nActual results could differ materially from those anticipated in\nforward-looking statements and future results could differ materially from\nhistorical performance. With respect to the Fund, the following factors, among\nothers, could cause actual events to differ materially from forward-looking\nstatements or historical performance: (1) shares of the Fund may trade at a\ndiscount from Net Asset Value; (2) risk of investment in CLOs and related\nsecurities generally; (3) dependence on managers of the CLOs in which the Fund\ninvests; (4) the Fund is exposed to risks associated with equity and\nequity-linked securities to the extent that adverse equity market conditions\ncould negatively impact the ability of the borrowers to make payment of\ninterest and/or principal with respect to loans underlying the CLOs in which\nthe Fund invests; (5) as a “non-diversified” investment company, the\nFund’s investments involve greater risks than would be the case for a\nsimilar diversified investment company; (6) the Adviser’s judgment about the\nattractiveness, relative value or potential appreciation of a particular\nsecurity or investment strategy may prove incorrect; and (7) market disruption\nrisks, including certain events that have had a disruptive effect on the\nsecurities markets, generally, such as pandemics, terrorist attacks, war and\nother geopolitical events, hurricanes, droughts, floods and other natural\ndisasters. Annual and Semi-Annual Reports and other regulatory filings of the\nFund with the SEC are accessible on the SEC’s website at www.sec.gov and on\nTJHA’s website at www.herzfeld.com/herz and may discuss these or other\nfactors that affect the Fund. The information contained on TJHA’s website is\nnot a part of this press release.\n\nContact:\nThomas K. Morgan\nChief Compliance Officer\nThomas J. Herzfeld Advisors, Inc.\n1-305-777-1660\n\n\n\nGlobeNewswire, Inc. 2026","article_body_html":"","raw_payload":{"data":{"id":"nGNX4WTdP2-20260911","title":"Herzfeld Credit Income Fund, Inc. Declares Distributions in Cash","author":"Globe Newswire","ticker":"HERZ","created":"2026-09-11T19:59:59.814Z","tickers":["HERZ"],"exchange":"NASDAQ","article_body":"MIAMI BEACH, Fla., Sept. 11, 2026 (GLOBE NEWSWIRE) -- Herzfeld Credit Income\nFund, Inc. (NASDAQ: HERZ) (the “Fund”) today declared monthly\ndistributions to stockholders of record as of the Record Dates set forth below\nfor the months of October, November and December.\n\nEach monthly distribution will distribute to stockholders substantially all of\nthe Fund’s net investment income and net short-term capital gains, as set\nforth in the Fund’s Prospectus.  \n\nThe Fund has announced distributions of $0.17 per share for the months of\nOctober, November, and December, to be paid as follows:\n\n Monthly Distribution  Declaration Date  Ex-Date   Record Date  Payment Date  Per Share (estimated)     \n October               9/11/26           10/23/26  10/23/26     11/06/26      $0.17                     \n November              9/11/26           11/16/26  11/16/26     11/30/26      $0.17                     \n December              9/11/26           12/17/26  12/17/26     12/31/26      $0.17                     \n\nThe distribution to stockholders will be paid in cash.\n\nThe schedule above applies to the distribution to stockholders of record on\nthe close of business on the respective Record Dates.\n\nDistribution Policy; Monthly Distribution of Net Investment Income\n\nThe Distributions are consistent with the Fund’s distribution policy:\n\nThe Fund intends to make regular monthly distributions of all or a portion of\nthe Fund’s net investment income to holders of the Fund’s common stock. \n\nAt times, to maintain a stable level of distributions, the Fund may pay out\nless than the Fund’s net investment income or pay out accumulated\nundistributed income in addition to current net investment income.\n\nThe Fund also intends to make at least annual distributions of all or a\nportion of the Fund’s net capital gains (which is the excess of net\nlong-term capital gains over net short-term capital loss) or, alternatively,\nto retain all or a portion of the year’s net capital gains and pay federal\nincome tax on the retained gain. As provided under federal tax law, if the\nFund retains all or a portion of such gains and makes an election,\nstockholders of record as of the end of our taxable year will include their\nattributable share of the retained gain in their income for the year as a\nlong-term capital gain and will be entitled to a tax credit or refund for the\ntax deemed paid on their behalf by the Fund.\n\nAbout the Fund\n\nHerzfeld Credit Income Fund, Inc. (the “Fund”) is a non-diversified,\nclosed-end management investment company incorporated under the laws of the\nState of Maryland on March 10, 1992, and has registered as an investment\ncompany under the Investment Company Act of 1940 (the “1940 Act”). The\nFund’s investment adviser is Thomas J. Herzfeld Advisors, Inc. (the\n“Adviser”). The Fund’s primary investment objective is maximizing risk\nadjusted total returns with a secondary objective of generating high current\nincome for stockholders. In accordance with the investment objective, the\nFund’s current principal investment strategies and policies focus on\ninvesting in credit related instruments, including equity and junior debt\ntranches of collateralized loan obligations, or “CLOs.”\n\nStockholders should consult their tax advisor for proper tax treatment of the\nFund’s distributions\n\nAbout Thomas J. Herzfeld Advisors, Inc.\n\nThomas J. Herzfeld Advisors, Inc., founded in 1984, is an SEC registered\ninvestment advisor, specializing in investment analysis and account management\nin closed-end funds.\n\nMore information about the advisor can be found at www.herzfeld.com.\n\nPast performance is no guarantee of future performance. An investment in the\nFund is subject to certain risks, including market risk. In general, shares of\nclosed-end funds often trade at a discount from their net asset value and at\nthe time of sale may be trading on the exchange at a price which is more or\nless than the original purchase price or the net asset value. There can be no\nassurance that any Share repurchases will reduce or eliminate the discount of\nthe Fund’s market price to the Fund’s net asset value per share. An\ninvestor should carefully consider the Fund’s investment objective, risks,\ncharges and expenses. Please read the Fund’s disclosure documents before\ninvesting.\n\nForward-Looking Statements\n\nThis press release, and other statements that Thomas J. Herzfeld Advisors,\nInc. (“TJHA”) or the Fund may make, may contain forward looking statements\nwithin the meaning of the Private Securities Litigation Reform Act, with\nrespect to the Fund’s or TJHA’s future financial or business performance,\nstrategies or expectations. Forward-looking statements are typically\nidentified by words or phrases such as “trend,” “potential,”\n“opportunity,” “pipeline,” “believe,” “comfortable,”\n“expect,” “anticipate,” “current,” “intention,”\n“estimate,” “position,” “assume,” “outlook,” “continue,”\n“remain,” “maintain,” “sustain,” “seek,” “achieve,” and\nsimilar expressions, or future or conditional verbs such as “will,”\n“would,” “should,” “could,” “may” or similar expressions. TJHA\nand the Fund caution that forward-looking statements are subject to numerous\nassumptions, risks and uncertainties, which change over time. Forward-looking\nstatements speak only as of the date they are made, and TJHA and the Fund\nassume no duty to and do not undertake to update forward-looking statements.\nActual results could differ materially from those anticipated in\nforward-looking statements and future results could differ materially from\nhistorical performance. With respect to the Fund, the following factors, among\nothers, could cause actual events to differ materially from forward-looking\nstatements or historical performance: (1) shares of the Fund may trade at a\ndiscount from Net Asset Value; (2) risk of investment in CLOs and related\nsecurities generally; (3) dependence on managers of the CLOs in which the Fund\ninvests; (4) the Fund is exposed to risks associated with equity and\nequity-linked securities to the extent that adverse equity market conditions\ncould negatively impact the ability of the borrowers to make payment of\ninterest and/or principal with respect to loans underlying the CLOs in which\nthe Fund invests; (5) as a “non-diversified” investment company, the\nFund’s investments involve greater risks than would be the case for a\nsimilar diversified investment company; (6) the Adviser’s judgment about the\nattractiveness, relative value or potential appreciation of a particular\nsecurity or investment strategy may prove incorrect; and (7) market disruption\nrisks, including certain events that have had a disruptive effect on the\nsecurities markets, generally, such as pandemics, terrorist attacks, war and\nother geopolitical events, hurricanes, droughts, floods and other natural\ndisasters. Annual and Semi-Annual Reports and other regulatory filings of the\nFund with the SEC are accessible on the SEC’s website at www.sec.gov and on\nTJHA’s website at www.herzfeld.com/herz and may discuss these or other\nfactors that affect the Fund. The information contained on TJHA’s website is\nnot a part of this press release.\n\nContact:\nThomas K. Morgan\nChief Compliance Officer\nThomas J. Herzfeld Advisors, Inc.\n1-305-777-1660\n\n\n\nGlobeNewswire, Inc. 2026"},"type":"article","timestamp":"2026-09-11T19:59:59.857999592Z","server_sent_at_ms":1789156799858},"received_at":"2026-09-11T20:00:00.004Z","source_url":null},"analysis":{"id":"130632","press_release_id":"141797","analysis_json":{"industry":{"label":"Capital Markets","sector":"Financials"},"redFlags":[],"eventType":"dividend","narrative":"Herzfeld Credit Income Fund (NASDAQ: HERZ) declared monthly cash distributions of $0.17 per share for October, November, and December 2026.\n\nEx-dates fall on 10/23/26, 11/16/26, and 12/17/26, with payments on 11/06/26, 11/30/26, and 12/31/26 to holders of record on the respective record dates.\n\nThe distributions come substantially from net investment income and net short-term capital gains per the fund's stated monthly distribution policy; the non-diversified closed-end fund primarily invests in credit instruments including equity and junior debt tranches of CLOs.","sentiment":"neutral","agentHooks":{"shouldPost":false,"suggestedAngle":"Routine Q4 distribution schedule confirmation for CEF income investors — payout unchanged at $0.17/month."},"keyFigures":{"customDimensions":{"ex_dates":["10/23/26","11/16/26","12/17/26"],"record_dates":["10/23/26","11/16/26","12/17/26"],"payment_dates":["11/06/26","11/30/26","12/31/26"],"distribution_type":"cash","distribution_months":["October","November","December"],"monthly_distribution_per_share":0.17}},"namedEntities":{"people":[{"name":"Thomas K. Morgan","role":"Chief Compliance Officer, Thomas J. Herzfeld Advisors, Inc."}],"products":[],"companies":[{"name":"Herzfeld Credit Income Fund, Inc.","ticker":"HERZ","relationship":"filer"},{"name":"Thomas J. Herzfeld Advisors, Inc.","relationship":"investment adviser"}],"dollarAmounts":[{"amount":"$0.17","context":"estimated monthly distribution per share for October, November, and December"}]},"materialImpact":{"score":1,"reasoning":"Routine declaration of the fund's standard $0.17 monthly distribution for Q4, consistent with its existing distribution policy. No change in amount, policy, or funding source is disclosed."},"tickerRelevance":{"others":[],"primary":"HERZ"},"globalImportance":10,"audienceRelevance":15,"eventTypeSecondary":[],"importanceComponents":{"isRoutine":true,"tickerTier":"small-cap closed-end fund","eventGravity":"routine-dividend-declaration","householdBrandBoost":0}},"event_type":"dividend","event_type_secondary":null,"sentiment":"neutral","material_impact_score":1,"narrative":"Herzfeld Credit Income Fund (NASDAQ: HERZ) declared monthly cash distributions of $0.17 per share for October, November, and December 2026.\n\nEx-dates fall on 10/23/26, 11/16/26, and 12/17/26, with payments on 11/06/26, 11/30/26, and 12/31/26 to holders of record on the respective record dates.\n\nThe distributions come substantially from net investment income and net short-term capital gains per the fund's stated monthly distribution policy; the non-diversified closed-end fund primarily invests in credit instruments including equity and junior debt tranches of CLOs.","key_figures":{"customDimensions":{"ex_dates":["10/23/26","11/16/26","12/17/26"],"record_dates":["10/23/26","11/16/26","12/17/26"],"payment_dates":["11/06/26","11/30/26","12/31/26"],"distribution_type":"cash","distribution_months":["October","November","December"],"monthly_distribution_per_share":0.17}},"named_entities":{"people":[{"name":"Thomas K. Morgan","role":"Chief Compliance Officer, Thomas J. Herzfeld Advisors, Inc."}],"products":[],"companies":[{"name":"Herzfeld Credit Income Fund, Inc.","ticker":"HERZ","relationship":"filer"},{"name":"Thomas J. Herzfeld Advisors, Inc.","relationship":"investment adviser"}],"dollarAmounts":[{"amount":"$0.17","context":"estimated monthly distribution per share for October, November, and December"}]},"model_name":"glm-5.3-flash","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-09-11T20:00:20.078Z","global_importance":10,"audience_relevance":15,"importance_components":{"isRoutine":true,"tickerTier":"small-cap closed-end fund","eventGravity":"routine-dividend-declaration","householdBrandBoost":0}},"durationMs":20066,"modelName":"glm-5.3-flash"}}