Herzfeld Credit Income Fund, Inc. reported an estimated net asset value of $2.14 per share at quarter-end December 31, 2025. This figure reflects the fair value of the Fund’s portfolio, which is composed primarily of senior and mezzanine tranches of collateralized loan obligations (CLOs) and other credit income instruments. The NAV update was provided by Thomas J. Herzfeld Advisors, Inc., the Fund’s investment adviser since the firm’s founding in 1984.

The Fund specializes in credit income investments, with approximately 75% of assets allocated to CLO debt and equity tranches and the remainder invested in high-yield corporate loans, structured credit notes and floating-rate senior secured loans. The Adviser’s strategy emphasizes floating-rate exposure to mitigate interest rate volatility, while targeting a current yield in the mid-8% range. All positions are marked to market monthly and are subject to standard liquidity constraints of closed-end vehicles.

As a non-diversified closed-end management investment company, the Fund’s shares frequently trade at a discount or premium relative to NAV. Historically, the average discount over the past 12 months stood near 6%, influenced by secondary market liquidity and changes in credit spreads. There is no guarantee that share repurchase programs will narrow this discount. Investors should consider market risk, CLO manager performance risk and the impact of adverse equity market conditions on underlying loan obligors.

Forward-looking statements contained in the Fund’s release underscore risks including market disruptions (geopolitical events, natural disasters, pandemics), manager selection risk within underlying CLOs, and interest-rate and credit-spread volatility. Past performance does not ensure future results. Prospective investors are urged to review the Fund’s registration statement and semi-annual reports filed with the SEC for a comprehensive discussion of objectives, charges and expenses before making any investment decisions.