HERZ: Buy-back results, Nov 21, 2024

The buy-back ended; the fund paid $3.2273 a share.

Do I need to do anything? The buy-back is over. The fund bought back 5% of its shares at $3.2273 a share. Holders offered 70.6% of all shares, so each holder who tendered had about 7% of their tendered shares bought. If you tendered, the cash arrives through your broker within a few days.

Date
Nov 21, 2024
Fund
HERZ - Herzfeld Credit Income Fund
Terms
the fund bought back 5% of its shares, holders offered 70.6% of all shares, about 7% of each holder's tendered shares were bought, at 97.5% of the value of the holdings, $3.23 a share
What
Buy-back results
Document number
0001839882-24-040387

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