The aggregate number of shares of common stock to which this Schedule 13D relates is 635,567 shares representing 33.09% of the 1,920,989 shares outstanding as reported by the issuer as of October 20, 2026.

With respect to the shares of common stock owned individually, the Reporting Person beneficially owns with sole power to vote and dispose of 66,415 shares of common stock. With respect to the Accounts, the Reporting Person beneficially owns with shared power to vote and/or dispose of 569,152 shares of common stock.

On October 8, 2026, through open market transactions, the Accounts sold 100 shares at $15.00. On October 9, 2026, through open market transactions, the Accounts sold 5,825 shares at $15.0306. On October 12, 2026, through open market transactions, the Accounts sold 208 shares at $14.9302. Tender Offer: On October 20, 2026, Herzfeld Credit Income Fund, Inc. (the "Fund") announced the final results of a cash tender offer to purchase up to 5%, or 100,886 shares, of its outstanding shares of common stock (the "Shares") at 97.5% of the most recently determined net asset value ("NAV") per Share as of October 15, 2026, the expiration date (the "Tender Offer"). The Reporting Person individually properly tendered 71,413 Shares and the Accounts properly tendered 611,986 Shares prior to the expiration date of the Tender Offer. Under the terms and conditions of the Tender Offer, because the number of Shares properly tendered exceeded the number of Shares the Fund offered to purchase, the Fund purchased Shares properly tendered on a pro-rata basis, subject to rounding adjustment to avoid the purchase of fractional shares, of 6.99895%. That proration factor is the number of Shares purchased (100,886) divided by the number of Shares properly tendered by all participating stockholders of the Fund (1,441,647), subject to a rounding adjustment to avoid the purchase of fractional shares. On October 20, 2026, the Fund accepted for purchase 4,998 Shares of the Reporting Person tendered individually and 42,834 Shares tendered by the Accounts, in each case at $18.2033 per Share, which equals 97.5% of the Fund's most recently determined NAV per Share as of October 15, 2026. Payment for the accepted Shares was made on October 20, 2026.

The owner of each of the Accounts individually has the right to receive and the power to direct the receipt of dividends from, or proceeds from the sale of, the shares of common stock. To date no owner of an Account holds more than 5% of the Issuer's common shares.

Not applicable.