Herzfeld Credit Income Fund:HERZ

    Manage Alerts

    Overview

    As of 4/2/2026. NAV as of 2/27/2026.

     Share
    Price    		NAVPremium/
    Discount
    Current$15.70$19.67-20.18%
    52 Wk Avg$22.86$25.37-10.14%
    52 Wk High$28.30$28.903.74%
    52 Wk Low$13.71$19.67-29.81%
    Regular Distribution Type†Income Only
    Distribution Rate174.95541000%
    Distribution Amount$6.8670
    Distribution FrequencyQuarterly
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    The Fund’s primary investment objective is to maximize risk adjusted total returns with a secondary objective of generating high current income for stockholders. In accordance with the change in investment objective, the Fund will focus on investing in equity and junior debt tranches of collateralized loan obligations, or “CLOs”. CLOs are portfolios of collateralized loans consisting primarily of below investment grade U.S. senior secured loans with a large number of distinct underlying borrowers across various industry sectors.

    Capital Structure

    As of 4/2/2026

    Total Investment Exposure:$383.244M
    Total Common Assets:$383.244M
    Common Shares Outstanding:19,483,671
    Annual Expense Ratios

    As of 6/30/2025

      Per Common Share
    Management Fees1.45%
    Other Expenses:2.12%
    Baseline Expense: N/A
    Interest Expense:N/A
    Total: 3.57%
    Fund Management

    Fund Sponsor
    Thomas J Herzfeld Advisors Inc

    Portfolio Managers
    Erik Herzfeld, Ryan Paylor

    Basics
    Category: Equity-U.S. Equity
    Ticker: HERZ
    NAV Ticker: HERZ
    Average Daily Volume (shares): 5,556
    Average Daily Volume (USD): $0.125M
    Inception Date: 5/20/1994
    Inception Share Price: $5.20
    Inception NAV: $5.00
    Tender Offer: No
    Term: No
    Fiscal Year End: June 30
    Third Party Links & Reports

    Distributions

    As of 4/2/2026

    Past performance is no guarantee of future results.
    Distribution History

    Enter declared start and end dates to display distribution history below. Income, Long Gain, Short Gain and ROC breakdowns will only be shown for the past year.

    to
    Declared Date Payable Date Ex Date Distrib Amount Income Long Gain Short Gain ROC

    *Indicates a Special Distribution: A distribution disbursed in addition to the normal distributions paid out by the company.

    Key Information Regarding Distributions†
    Avg. Earnings Per Share:
    As of 12/31/2025    		 $0.2155
    Annualized Distribution Rate on NAV:
    As of 4/2/2026    		139.64%
    Total Return on NAV (12 months):
    As of 4/2/2026    		-0.43%
    Total % Portfolio Effectively Leveraged:
    As of 4/2/2026     		0.00%

    Pricing Information

    Premium/Discount Information
    Past performance is no guarantee of future results.
    Premium/Discount Information

    As of 4/3/2026

    PeriodAvg Discount
    6 Month-11.65%
    1 Year-10.14%
    3 Year-19.63%
    5 Year-17.68%
    Z-Score

    As of 4/3/2026

    PeriodZStat
    3 Month-0.48
    6 Month-1.09
    1 Year-1.68
    Pricing History
     from  
    Date NAV Premium / Discount

    Performance

    Calendar Year Total Returns

    As of 3/31/2026
    Category: Morningstar US CEF US Equity

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    YTD-30.18%-8.08%-5.41%-2.23%
    202537.50%0.21%15.96%15.54%
    20242.79%2.60%22.97%15.86%
    202358.76%63.68%15.59%17.84%
    2022-20.27%-19.08%-20.28%-16.72%
    202124.46%19.91%31.33%22.95%
    2020-5.10%-6.64%8.80%9.76%
    201947.27%29.73%32.25%27.32%
    2018-27.64%-18.66%-11.89%-10.13%
    20178.21%13.39%22.72%19.06%
    20163.61%19.43%13.79%12.38%
    2015-23.76%-14.98%-7.45%-6.29%
    201418.12%-8.05%24.05%7.38%
    201320.68%17.38%  
    201222.16%24.27%  
    2011-9.58%-7.83%  
    201011.68%18.58%  
    200952.86%36.78%  
    2008-45.05%-38.50%  
    20077.58%109.96%  
    2006115.34%16.47%  
    Past performance is no guarantee of future results.
    Annualized Total Returns

    Returns for periods less than one year are cumulative rather than annualized

    As of 3/31/2026
    Category: Morningstar US CEF US Equity

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Number of Holdings:
    As of 12/31/2025    		1
    Annual Portfolio Turnover:
    As of 6/30/2025    		28.00%
    Asset Allocation

    As of 12/31/2025

    Top Sectors

    As of 12/31/2025

    Sector%Portfolio
    Cash Equivalents100.00%
    Cash Equivalents (Super Sector)100.00%
    Top Holdings

    As of 12/31/2025

    HoldingValue% Portfolio
    Usd$0.01M100.00%

    Closed-end fund historical distribution sources have included net investment income, realized gains, and return of capital. For more detailed information on the distributions of a specific fund, please visit the sponsor's website.

    NOTES:

    † Distribution type sourced from Morningstar. For specific information about a fund's distribution sources, visit the fund sponsor's website.

    The following information applies to closed-end funds in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation. Shares of closed-end funds are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

    E-2949862P-E0623W

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