HERZ: Buy-back results, Oct 16, 2025
The buy-back ended; the fund paid $2.5935 a share.
Do I need to do anything? The buy-back is over. The fund bought back 5% of its shares at $2.5935 a share. Holders offered 68.6% of all shares, more than the fund would take, so each holder who tendered had only part of their tendered shares bought. If you tendered, the cash arrives through your broker within a few days.
- Date
- Oct 16, 2025
- Fund
- HERZ - Herzfeld Credit Income Fund
- Terms
- the fund bought back 5% of its shares, holders offered 68.6% of all shares, at 97.5% of the value of the holdings, $2.59 a share
- What
- Buy-back results
- Document number
- 0001999371-25-015571
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