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Herzfeld Cr Incm Fd

Thomas J. Herzfeld Advisors, Inc., an SEC-registered
investment adviser, and Herzfeld Credit Income Fund, Inc. (NASDAQ: HERZ) (the “Fund”) announced the final results of the Fund’s cash tender offer to purchase up to 5% of its outstanding common
shares at 97.5% of the Fund’s most recently determined net asset value (“NAV”) per share as of October
15, 2026, the expiration date of the tender offer (the “Tender Offer”). Under the terms and conditions of the Fund’s Tender Offer, if the number of common shares properly
tendered exceeds the number of common shares offered to purchase, the Fund will purchase common shares
properly tendered on a pro-rata basis (disregarding fractional shares). As indicated above, the Fund will
purchase 6.99895% of the common shares properly tendered. The Fund will purchase the common shares
accepted for payment as promptly as practicable.

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Listed closed-end funds (CEFs) and business development companies (BDCs) trade on exchanges at prices that may be above or below their NAVs. There is no guarantee that an investor can sell shares at a price greater than or equal to the purchase price, or that a CEF’s or BDC’s discount will narrow or be eliminated. Non-listed closed-end funds and business development companies do not offer investors daily liquidity, but rather on a quarterly or semi-annual basis, often on a small percentage of shares. CEFs often use leverage, which can increase a fund’s risk or volatility. The actual amount of distributions may vary with fund performance and other conditions.

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