EX-FILING FEES

 

Calculation of Filing Fee Tables

 

SC TO-I

(Form Type)

 

Herzfeld Credit Income Fund, Inc.

(Exact Name of Registrant as Specified in its Charter)

 

Table 1: Transaction Valuation

 

 

Transaction

Valuation

 

 

 Fee rate

 

 

Amount of

Filing Fee

 

Fees to Be Paid

 

$1,881,528.56(1)

 

$0.0001381

 

 

$259.84(2)

Fees Previously Paid

 

 

—

 

 

 

 

 

 

 

—

 

Total Transaction Valuation

 

$1,881,528.56(1)

 

 

 

 

 

 

 

 

Total Fees Due for Filing

 

 

 

 

 

 

 

 

 

$259.84(2)

Total Fee Previously Paid

 

 

 

 

 

 

 

 

 

 

—

 

Total Fee Offsets

 

 

 

 

 

 

 

 

 

 

—

 

Net Fee Due

 

 

 

 

 

 

 

 

 

$259.84(2)

 

(1)

Calculated as the aggregate maximum purchase price for common stock, based upon the net asset value per share as of August 31, 2026, of $19.13. This amount is based upon the offer to purchase up to 100,886 common stock, par value $0.001 per share, of Herzfeld Credit Income Fund, Inc.

 

 

(2)

Calculated at $138.10 per $1,000,000.00 of the Transaction Valuation, pursuant to Rule 0-11 under the Securities Exchange Act of 1934, as amended, as modified by Fee Rate Advisory No. 1 for fiscal year 2026.