President's Group Increases Stake to 37.85% in Herzfeld Credit Income Fund
HERZ is trading near its 52-week low of $1.91 (0.5% above the low).
Summary
Erik M. Herzfeld and his advisory clients reported a net increase in their beneficial ownership of Herzfeld Credit Income Fund, Inc. to 37.85% following a stock distribution, despite some client-driven share sales.
Key Events · Ownership and Investor Activity · HERZ
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Beneficial Ownership Update
Erik M. Herzfeld and his advisory clients now collectively own 7,394,580 shares, representing 37.85% of the outstanding common stock.
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Stock Distribution Received
The reporting group received 1,260,749 shares of common stock as part of a December 2025 distribution, valued at approximately $3.26 million based on the distribution price.
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Advisory Client Sales
Advisory clients sold a total of 123,374 shares in open market transactions between December 24, 2025, and January 7, 2026, for an aggregate value of approximately $290,000.
Analysis · HERZ · Unknown
This Schedule 13D/A filing indicates that Erik M. Herzfeld, President, and his advisory clients now collectively hold a substantial 37.85% stake in Herzfeld Credit Income Fund, Inc. The increase in beneficial ownership primarily stems from the receipt of 1.26 million shares through a December 2025 stock distribution. While advisory clients also sold approximately $290,000 worth of shares in open market transactions, the net effect is a significant consolidation of ownership by this group. This high level of insider ownership suggests continued commitment to the company.
How filings like this one have moved
In the 30 days to Sep 15, 2026, 29.9% of the 1678 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.25%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, HERZ was trading at $1.92 on NASDAQ in the Unknown sector, with a market capitalization of approximately $31.2M. The 52-week trading range was $1.91 to $3.10. This filing was assessed with neutral market sentiment and an importance score of 7 out of 10.