NEW YORK, March 26, 2026 (GLOBE NEWSWIRE) -- StoneX Group Inc. (“StoneX”; NASDAQ: SNEX) today announced the launch of a new Securitization Banking, Lending & Capital Markets platform, expanding the firm’s capabilities across structured finance and capital formation. The new business will provide clients with tailored capital markets solutions, lending capabilities, and opportunities for platform and portfolio investments across a broad range of asset classes. The initiative builds upon StoneX’s established ...

Core Points - Herzfeld Credit Income Fund, Inc. has declared a year-end distribution to stockholders, correcting previous announcements regarding the ex-date and payment date [1][3] - The estimated distribution amount is approximately $11,031,085, characterized as long-term capital gains, with a per-share estimate of $0.6867 [3][4] - The distribution will be made in cash or shares, with 20% of the total distribution limited to cash and 80% in shares, depending on stockholder elections [3][4] Distribution Details - The distribution is aimed at avoiding excise taxes, meeting income distribution requirements under the Internal Revenue Code, and qualifying as a regulated investment company [2] - The ex-date is set for December 31, 2025, and the payment date is December 30, 2025, with a record date of November 21, 2025 [3][5] - Stockholders must return election forms by December 16, 2025, to choose their distribution method; those who do not will receive 100% in stock [5][6] Investment Strategy Transition - The Fund is transitioning its investment strategy, having made initial investments in collateralized loan obligation (CLO) equity, debt, and structured credit [9] - This transition marks a commitment to identifying high-quality strategies in structured credit to generate income for stockholders, with expected income generation beginning in 2026 [9][10] - The Fund plans to implement a new distribution policy starting January 2026, with regular monthly distributions of net investment income [10][11] Net Asset Value Calculation - The Fund will provide monthly calculations of its Net Asset Value (NAV), moving away from daily calculations to reduce costs [12]