HERZ

Herzfeld Credit Income Fund, Inc. Provides July 2026 Net Asset Value Update

Herzfeld Credit Income Fund NAV at $19.24; CLO exposure remains a key driver

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    <h3>Information</h3>
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    <h3>AI Summary</h3>
    <p>Thomas J. Herzfeld Advisors disclosed that the Herzfeld Credit Income Fund&#039;s NAV was $19.24 as of July 31, 2026. The fund remains CLO-focused and non-diversified, with price performance likely tied to NAV-to-market price discounts and CLO credit conditions. Investors should watch discount/premium dynamics and CLO risks as the main near-term price catalysts.</p>
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  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>HERZ NAV as of 7/31/2026: $19.24.</li><li>Fund focuses on credit-related instruments and CLOs; non-diversified under the 1940 Act.</li><li>NAV updates and discount/premium dynamics are key price drivers for HERZ.</li><li>Forward-looking statements carry risk; actual results may differ materially.</li></ul>
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  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>Herzfeld Credit Income Fund, Inc. (HERZ)</strong>: NAV update directly relevant to stock price; price often trades at a discount/premium to NAV.</li><li><strong>Thomas J. Herzfeld Advisors, Inc. (N/A)</strong>: Advisor to the fund; may influence portfolio strategy and disclosures; not a public company.</li></ul>
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  <section data-block="category">
    <h3>Corporate Developments</h3>
    <p>Category: Corporate Developments. Fund NAV update and disclosed CLO exposure are fund-level developments with potential pricing impact through NAV vs. market price dynamics.</p>
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  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>HERZ NAV as of 7/31/2026 is $19.24; price may diverge from NAV.</li><li>Closed-end fund discounts/premiums to NAV can expand or contract.</li><li>CLO exposure and broader credit conditions could affect NAV.</li><li>Regulatory or adviser actions could influence fund strategy and risk.</li></ul>
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  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>NAV as of July 31, 2026: $19.24.</li><li>Fund established March 10, 1992.</li><li>Investment adviser: Thomas J. Herzfeld Advisors, Inc.</li><li>Registered under the Investment Company Act of 1940.</li><li>Primary strategy: credit-related instruments including CLO equity and junior debt.</li></ul>
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  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>Neutral stance; monitor NAV vs. market price and discount changes over 1–3 months.</p>
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<article>
  <p>MIAMI BEACH, Fla., Aug. 19, 2026 (GLOBE NEWSWIRE) -- Thomas J. Herzfeld Advisors, Inc., investment advisor to Herzfeld Credit Income Fund, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/HERZ">HERZ</a>) (the "Fund"), today announced the estimated net asset value ("NAV") of the Fund as of July 31, 2026 was <strong>$19.24</strong>. This NAV update provides investors with the latest valuation for the Fund as of July 31, 2026.</p>

  <section>
    <h2>NAV Update: Fund Snapshot and Key Details</h2>
    <p>The Fund is a non-diversified, closed-end management investment company incorporated under the laws of the State of Maryland on March 10, 1992, and has registered as an investment company under the Investment Company Act of 1940 (the "1940 Act"). The Fund’s investment adviser is Thomas J. Herzfeld Advisors, Inc. (the "Adviser"). The Fund’s primary investment objective is maximizing risk adjusted total returns with a secondary objective of generating high current income for stockholders. In accordance with the investment objective, the Fund’s current principal investment strategies and policies focus on investing in credit related instruments, including equity and junior debt tranches of collateralized loan obligations, or "CLOs."</p>

    <ul>
      <li><strong>NAV as of July 31, 2026:</strong> <strong>$19.24</strong> per share</li>
      <li><strong>Fund ticker:</strong> HERZ (NASDAQ)</li>
      <li><strong>Fund type:</strong> non-diversified, closed-end management investment company</li>
      <li><strong>Incorporation date:</strong> March 10, 1992</li>
      <li><strong>Primary objective:</strong> maximizing risk adjusted total returns</li>
      <li><strong>Secondary objective:</strong> generating high current income for stockholders</li>
      <li><strong>Primary focus:</strong> investing in credit related instruments, including equity and junior debt tranches of collateralized loan obligations (CLOs)</li>
    </ul>
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  <section>
    <h2>About Herzfeld Credit Income Fund, Inc. (the Fund)</h2>
    <p>Herzfeld Credit Income Fund, Inc. (the "Fund") is a non-diversified, closed-end management investment company incorporated under the laws of the State of Maryland on March 10, 1992, and has registered as an investment company under the Investment Company Act of 1940 (the "1940 Act"). The Fund’s investment adviser is Thomas J. Herzfeld Advisors, Inc. (the "Adviser"). The Fund’s primary investment objective is maximizing risk adjusted total returns with a secondary objective of generating high current income for stockholders. In accordance with the investment objective, the Fund’s current principal investment strategies and policies focus on investing in credit related instruments, including equity and junior debt tranches of collateralized loan obligations, or "CLOs."</p>
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  <section>
    <h2>About the Adviser</h2>
    <p>Thomas J. Herzfeld Advisors, Inc., founded in 1984, is an SEC registered investment advisor, specializing in investment analysis and account management in closed-end funds.</p>
    <p>More information about the advisor can be found at <a href="https://www.globenewswire.com/Tracker?data=8uzACjUwpyiG2MmPprQ6ok9V1EFb3MaS0YM-Wk5FDalUu02YOWr-p0n2pj1O9XDueEz6XnaqhsaQ5hNmCtGNwFRKJBN2hTtbOaIoQXt8lDM=" rel="nofollow" target="_blank">www.herzfeld.com</a>.</p>
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  <section>
    <h2>Important Disclosures and Risk Considerations</h2>
    <p><em>Past performance is no guarantee of future performance. An investment in the Fund is subject to certain risks, including market risk. In general, shares of closed-end funds often trade at a discount from their net asset value and at the time of sale may be trading on the exchange at a price which is more or less than the original purchase price or the net asset value. There can be no assurance that any Share repurchases will reduce or eliminate the discount of the Fund’s market price to the Fund’s net asset value per share. An investor should carefully consider the Fund’s investment objective, risks, charges and expenses. Please read the Fund’s disclosure documents before investing. </em></p>
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  <section>
    <h2>Forward-Looking Statements</h2>
    <p><em>This press release, and other statements that Thomas J. Herzfeld Advisors, Inc. ("TJHA") or the Fund may make, may contain forward looking statements within the meaning of the Private Securities Litigation Reform Act, with respect to the Fund’s or TJHA’s future financial or business performance, strategies or expectations. Forward-looking statements are typically identified by words or phrases such as "trend," "potential," "opportunity," "pipeline," "believe," "comfortable," "expect," "anticipate," "current," "intention," "estimate," "position," "assume," "outlook," "continue," "remain," "maintain," "sustain," "seek," "achieve," and similar expressions, or future or conditional verbs such as "will," "would," "should," "could," "may" or similar expressions. TJHA and the Fund caution that forward-looking statements are </em><em>subject to numerous assumptions, risks and uncertainties, which change over time. Forward-looking statements speak only as of the date they are made, and TJHA and the Fund assume no duty to and do not undertake to update forward-looking statements. Actual results could differ materially from those anticipated in forward-looking statements and future results could differ materially from historical performance. With respect to the Fund, the following factors, among others, could cause actual events to differ materially from forward-looking statements or historical performance: (1) shares of the Fund may trade at a discount from Net Asset Value; (2) risk of investment in CLOs and related securities generally (3) dependence on managers of the CLOs in which the Fund invests (4) the Fund is exposed to risks associated with equity and equity-linked securities to the extent that adverse equity market conditions could negatively impact the ability of the borrowers to make payment of interest and/or principal with respect to loans underlying the CLOS in which the Fund invests; (5) as a "non-diversified" investment company, the Fund’s investments involve greater risks than would be the case for a similar diversified investment company (6) the Adviser’s judgment about the attractiveness, relative value or potential appreciation of a particular security or investment strategy may prove incorrect; and (7) market disruption risks, including certain events that have had a disruptive effect on the securities markets, generally, such as pandemics, terrorist attacks, war and other geopolitical events, hurricanes, droughts, floods and other natural disasters;. Annual and Semi-Annual Reports and other regulatory filings of the Fund with the SEC are accessible on the SEC’s website at </em><a href="https://www.globenewswire.com/Tracker?data=4fqpQQnML3rFd2-jKUxNswABtqUTNX__7gca_lTUpl192b3_vhhmBQSeYUNByiraffKDS3YGjDK25LaUIRleYg==" rel="nofollow" target="_blank"><em>www.sec.gov</em></a> <em>and on TJHA’s website at </em><a href="https://www.globenewswire.com/Tracker?data=8uzACjUwpyiG2MmPprQ6omdSXLts3RsvULCZq-thndT_NZ1kN_6Ut6DVPaAB9Ori1fgaIw-UhTaAtfz1aOqt5PtQsY43KFHIHyo2knBR6gs=" rel="nofollow" target="_blank"><em>www.herzfeld.com/herz</em></a> <em>and may discuss these or other factors that affect the Fund. The information contained on TJHA’s website is not a part of this press release. </em></p>
  </section>

  <section>
    <h2>Contact</h2>
    <p>Thomas Morgan<br>
       <strong>Chief Compliance Officer</strong><br>
       Thomas J. Herzfeld Advisors, Inc.<br>
       <strong>1-305-777-1660</strong></p>
  </section>
</article>

Thomas J. Herzfeld Advisors disclosed that the Herzfeld Credit Income Fund's NAV was $19.24 as of July 31, 2026. The fund remains CLO-focused and non-diversified, with price performance likely tied to NAV-to-market price discounts and CLO credit conditions. Investors should watch discount/premium dynamics and CLO risks as the main near-term price catalysts.

News insight

Herzfeld Credit Income Fund, Inc. Provides July 2026 Net Asset Value Update

AI summary

Sentiment rationale

Key facts

Corporate Developments