|Bid||10.50 x 1100|
|Ask||12.12 x 900|
|Day's Range||10.44 - 10.57|
|52 Week Range||7.29 - 10.73|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||0.29 (2.72%)|
|1y Target Est||N/A|
DALLAS, Sept. 17, 2019 /PRNewswire/ -- Vertical Capital Income Fund (NYSE: VCIF) has adjourned its 2019 Annual Meeting of Shareholders to September 30, 2019 and is asking shareholders to cast their votes to continue the stability of the Fund. This is the last chance that shareholders will have to vote at the Annual Meeting. The Fund does not plan to adjourn the Annual Meeting past this date. The Fund is asking shareholders to vote on proposals to approve a new investment advisory agreement with Oakline Advisors, LLC (with no fee increase) and re-elect Mr. Robert Boulware as a trustee. Mr. Boulware currently serves as the Fund's Lead Independent Trustee. Please vote to continue the stability of the Fund by renewing our investment advisor and re-electing our Lead Independent Trustee.
DALLAS, Sept. 11, 2019 /PRNewswire/ -- Vertical Capital Income Fund (NYSE: VCIF) announced the adjournment of its Annual Meeting at Gemini Fund Services, 80 Arkay Drive, Suite 110 in Hauppauge, New York 11788. The rescheduled Annual Meeting will be held on September 30, 2019, at 10:00 a.m., Eastern Time, at the same location. Commencing September 12, 2019, the Fund's investment portfolio will be internally managed by the Fund's officers. The Fund anticipates that on September 30, 2019, shareholders will approve an investment advisory agreement with Oakline Advisors, LLC and Oakline Advisors, LLC will return to its role as investment adviser to the Fund.
In connection with the Annual Meeting, the Fund has filed on June 21, 2019 with the SEC, and furnished to the Fund's shareholders on or around June 27, 2019, a Definitive Proxy Statement and WHITE proxy card pertaining to the Annual Meeting. Shareholders of the Fund are urged to read the Definitive Proxy Statement and other relevant documents that have been or may be filed with the SEC carefully and in their entirety because they contain important information about the Annual Meeting.
The July distribution was higher than the prior month as net investment income increased due to recent acquisitions and a reduction in non-recurring costs. The Fund's distribution rate may be affected by numerous factors, including changes in realized and projected market returns, Fund performance, and other factors.
Shareholders of record of the Fund as of the close of business on June 20, 2019 are entitled to notice of, and to vote at, the Annual Meeting and at any adjournment thereof. The notice of the Annual Meeting will be mailed to shareholders on or about June 27, 2019. At the Annual Meeting, shareholders of the Fund will be asked to elect one of the Trustees of the Fund, and to re-approve the advisory agreement between the Fund and its adviser, Oakline Advisors, LLC.