Transaction details
Thomas J. Herzfeld, who serves as chairman of the advisor to Herzfeld Credit Income Fund, Inc. (EXCHANGE: HERZ), made an open-market purchase of 3,610 shares of the fund's common stock on April 15, 2026. The shares were bought at a price of $16.0141 each, bringing the total value of the trade to $57,810.
Position after the purchase
Following the acquisition, Herzfeld's direct holding in Herzfeld Credit Income Fund stands at 197,248 shares. The fund's prevailing market price at the time of reporting is $16.69 per share, and the shares are down 25% year-to-date.
Dividend and liquidity snapshot
The fund displays an 82% dividend yield. According to InvestingPro Tips, Herzfeld Credit Income Fund has maintained dividend payments for 15 consecutive years. The same note flags a liquidity point of concern: the fund's short-term obligations exceed its liquid assets. Additional analysis and financial metrics are available through four further ProTips on the InvestingPro platform.
Context for investors
This report records the reported insider purchase and restates current, reported financial metrics and ownership levels. It does not attempt to assess causation or future outcomes beyond the specific, reported items: the trade, the resulting ownership figure, the fund's market price and year-to-date performance, the stated dividend yield, and the liquidity observation cited in the InvestingPro Tips.
Where to find more information
Investors interested in supplemental ProTips and detailed financial metrics may consult the InvestingPro service referenced in the fund's note for the four additional ProTips and the broader set of financial data it offers.
Note on reporting
The foregoing summarizes the reported insider transaction and the specific, attributed statements about dividend history and liquidity. Where the publicly reported material provides limited detail, that limitation is reflected rather than supplemented with inference.