Ryan M. Paylor, who serves as a Portfolio Manager at Herzfeld Credit Income Fund, Inc (EXCHANGE: HERZ), made two purchases of the company’s common shares totaling 486 shares and $7,733 in aggregate cost.
The first transaction took place on March 27, 2026, when Paylor acquired 96 shares at $15.50 per share. The second occurred on April 15, 2026, when he bought an additional 390 shares at $16.0141 per share. After these transactions, Paylor directly holds 6,567 shares of Herzfeld Credit Income Fund, Inc.
At the time of reporting, HERZ shares are trading at $16.69. The stock is down approximately 25% year-to-date. The fund is described as income-focused and, according to InvestingPro, carries an 82% dividend yield and has paid dividends for 15 consecutive years. InvestingPro is also cited as providing four additional exclusive tips for investors evaluating this type of income vehicle.
The transactions are confined to the two specified buys and the resulting ownership tally provided. No additional purchases, sales, or intentions were reported in the available information. The documented prices, dates, share quantities, aggregate cost, resulting ownership, current trading price, year-to-date change, dividend yield, and dividend payment history are the factual elements disclosed.
This report focuses on the mechanics and metrics of the insider purchases and the current public market measures that were reported alongside them. It does not include any commentary on motive or forward-looking expectations beyond the figures and records made public in the transaction notice and the InvestingPro summary cited.
Clear summary: Portfolio Manager Ryan M. Paylor purchased 486 shares of Herzfeld Credit Income Fund, Inc in two trades on March 27, 2026 and April 15, 2026 for a total of $7,733, increasing his direct holdings to 6,567 shares. HERZ trades at $16.69, down about 25% YTD, with an 82% dividend yield and 15 consecutive years of dividend payments noted by InvestingPro.