HERZ: Buy-back results, Nov 18, 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 70.7% 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
Nov 18, 2024
Fund
HERZ - Herzfeld Credit Income Fund
Terms
the fund bought back 5% of its shares, holders offered 70.7% of all shares, at 97.5% of the value of the holdings, $3.23 a share
What
Buy-back results
Document number
0001839882-24-039776

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