Vertical Capital Income Fund (NYSE: VCIF) held its 2021 Annual Meeting on August 27, re-electing T. Neil Bathon as trustee. The fund announced a renewed $35 million credit facility maturing in July 2022, with $2.0 million currently outstanding. Interest rates will be based on the Prime Rate plus 0.50%, with a floor of 3.90%. The board emphasized its commitment to investor goals and responsible borrowing. Additionally, a monthly distribution of $0.0789 per share was declared for August 2021, with details on the sources of this distribution provided.
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Vertical Capital Income Fund (NYSE: VCIF) has scheduled its Annual Meeting of Shareholders for August 27, 2021, at 10:00 a.m. Eastern Time in Columbus, Ohio. Shareholders as of July 16, 2021 are eligible to vote. A notice with meeting details will be mailed on July 26, 2021. The meeting will involve the reelection of a Fund Trustee. The Fund, focusing on residential whole mortgage loans, advises potential investors to consider its risks and investment objectives before investing.
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