Monitor for further open-market sales by the Herzfeld group, which could signal reduced conviction if selling continues; no escalation or de-escalation in this filing.
Price Chart
Executive Summary
Thomas J. Herzfeld filed an amended Schedule 13D disclosing a 40.59% beneficial ownership stake in Herzfeld Credit Income Fund as of September 30, 2026, representing 820,755 shares. The filing details recent open-market sales by advisory clients totaling approximately 60,462 shares between September 29 and October 7, 2026, alongside dividend reinvestment acquisitions. This is a routine position update with no new activist demands or purpose changes.
Key Financial Metrics
Key Facts
- Beneficial ownership: 820,755 shares, 40.59% of 2,021,875 shares outstanding as of September 30, 2026
- Thomas J. Herzfeld individually owns 202,135 shares with sole voting/dispositive power
- Advisory clients hold 618,620 shares with shared voting/dispositive power
- Recent sales: advisory clients sold ~60,462 shares in open market from Sep 29 to Oct 7, 2026 at prices $14.89–$15.71
- Dividend reinvestment: 3,027.4 shares to advisory clients and 1,088.8 shares to Mr. Herzfeld at $14.2786 on Sep 30, 2026
- No new demands or changes in purpose stated; routine position update
Financial Impact
No material stake change; net selling by advisory clients of ~60,462 shares; no financial impact on issuer financials
Risk Factors
- Insider selling by advisory clients reducing aggregate position
- No stated catalyst or catalyst for future action
Documents Analyzed
This report is based on 3 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| SC 13D/A Filing (Primary) | 0001398344-26-018039 |
| Document: 0001398344-26-018039-index.html | 0001398344-26-018039 |
| Document: 0001398344-26-018039.txt | 0001398344-26-018039 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 26, 2026 today | DEF 14A | $14.42 | awaiting T+60 | — | $13.90 (−3.61%) |
Oct 22, 2026 4d ago | SC 13D/A | $14.73 | awaiting T+60 | — | $13.90 (−5.63%) |
Oct 20, 2026 6d ago | SC 13G | $14.77 | awaiting T+60 | — | $13.90 (−5.89%) |
Oct 20, 2026 6d ago | SC TO-I/A | $14.77 | awaiting T+60 | — | $13.90 (−5.89%) |
Oct 19, 2026 7d ago | SC TO-I/A | $14.85 | awaiting T+60 | — | $13.90 (−6.40%) |
Oct 8, 2026 18d ago | SC 13D/A | $14.79 | awaiting T+60 | — | $13.90 (−6.02%) |
Oct 8, 2026 18d ago | SC 13D/A | $14.79 | awaiting T+60 | — | $13.90 (−6.02%) |
Mar 27, 2026 30w ago | Insider Cluster | $15.35 $16.84 | ▲ +9.72% | ▼ −6.35% | $13.90 (−9.43%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Create a free account Live analysis, Telegram alerts, watchlists and the MCP server for subscribers