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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="herzfeld_MarketRiskMember_lbl" xml:lang="en-US">Market Risk [Member]</link:label>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="herzfeld_VolatilityRiskMember_lbl" xml:lang="en-US">Volatility Risk [Member]</link:label>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="herzfeld_CLOWarehouseRiskMember_lbl" xml:lang="en-US">CLO Warehouse Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="herzfeld-20260630.xsd#herzfeld_FairValueOfPortfolioInvestmentRiskMember" xlink:label="herzfeld_FairValueOfPortfolioInvestmentRiskMember" />
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