Erik M. Herzfeld Increases Stake in Herzfeld Credit Income Fund to 38.59% via Open Market Purchases
Erik M. Herzfeld filed a Schedule 13D/A on April 20, 2026, disclosing an increased stake in Herzfeld Credit Income Fund, Inc. (HERZ). As of the event date on April 16, 2026, the reporting person beneficially owns an aggregate of 772,965 shares of common stock, representing 38.59% of the class. This position consists of 71,412 shares held with sole voting and dispositive power, and 701,553 shares held with shared power through various advisory accounts. The amendment details a series of open market purchases conducted between March 17, 2026, and April 16, 2026. These transactions were primarily executed by advisory clients at prices ranging from $15.50 to $16.527 per share. The most significant recent activity occurred on April 16, 2026, with the purchase of 13,573 shares. This filing marks the 29th amendment to the original Schedule 13D, reflecting ongoing accumulation and active management of the position by Herzfeld and associated entities in the Miami Beach-based fund.