Thomas J. Herzfeld Advisors, Inc., an SEC-
registered investment advisor, announced the commencement of a Tender Offer by Herzfeld
Credit Income Fund, Inc. (NASDAQ: HERZ) (the “Fund”). Under the terms of the Tender Offer
the Fund is offering to purchase up to 5% of outstanding shares of the Fund at 97.5% of NAV. The Fund has offered to purchase up to 5% of the currently outstanding common shares of the
Fund, par value $0.001 per share (the “Common Shares”) at 97.5% of the most recently
determined Net Asset Value (“NAV”) per Common Share (as of the Termination Date) for cash,
upon the terms and subject to the conditions contained in the Offer to Purchase dated September
17, 2026 and the related Letter of Transmittal.
