Herzfeld Credit Income Fund amends DRIP to allow share issuance at discount to NAV

Herzfeld Credit Income Fund, Inc

Board approved amendments on May 8, 2025; effective 30 days after shareholder notice.
New Plan allows issuing new shares regardless of premium/discount to NAV; prior required open market purchases when below NAV.
Reinvested shares priced at 95% of market price (closing or bid-ask average), providing 5% discount.
Fund retains right to buy open market shares when trading below NAV.
Changes align terms with similar industry funds.

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