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News  ›  GlobeNewswire Inc.

CORRECTION - Herzfeld Credit Income Fund, Inc. Declares Year-End Distribution in Stock and Cash; Fund Updates

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Thomas J. Herzfeld Advisors, Inc.
CORRECTION - Herzfeld Credit Income Fund, Inc. Declares Year-End Distribution in Stock and Cash; Fund Updates

Herzfeld Credit Income Fund announced a year-end distribution of approximately $11 million, to be paid in cash and stock, and revealed a new investment strategy focusing on collateralized loan obligations (CLOs) and structured credit investments.

Insights
AMD   neutral

Already competing in AI chip market, showing growth in data center revenue, but still facing significant market challenges


HERZ   neutral

The fund is transitioning its investment strategy, making initial targeted investments in CLO equity, debt, and structured credit, with an expectation of generating current income in 2026. The neutral sentiment reflects a strategic pivot without clear immediate positive or negative indicators.