Vertical Capital Income Fund Releases Results of 2020 Annual Meeting of Shareholders

Rhea-AI Summary

Vertical Capital Income Fund (NYSE: VCIF) reported the outcomes of its 2020 Annual Meeting of Shareholders, held on August 28, 2020. The shareholders re-elected Mr. Mark J. Schlafly as an Independent Trustee and elected Mr. Jack L. Macdowell, Jr. as an Independent Trustee. The Fund primarily focuses on investing in residential whole mortgage loans with the objective of seeking income. Oakline Advisors, LLC serves as the adviser to the Fund, specializing in the residential whole loan market.

Positive

• Re-election of Mark J. Schlafly as Independent Trustee.
• Election of Jack L. Macdowell, Jr. as Independent Trustee.

Negative

• None.

DALLAS, Sept. 1, 2020 /PRNewswire/ -- Vertical Capital Income Fund (NYSE: VCIF) announced today the results of the 2020 Annual Meeting of Shareholders of the fund held on August 28, 2020.  Shareholders of the fund voted to re-elect as a trustee Mr. Mark J. Schlafly, who currently serves as an Independent Trustee; and to elect Mr. Jack L. Macdowell, Jr. as an Independent Trustee of the Fund.

About Vertical Capital Income Fund
Vertical Capital Income Fund is an NYSE listed closed-end fund that primarily invests in residential whole mortgage loans and residential whole loans secured by deeds of trust.  The investment objective of the Fund is to seek income.

About Oakline Advisors, LLC
Oakline Advisors, LLC is the adviser to Vertical Capital Income Fund.  Founded in 2013, Oakline Advisors, LLC is an SEC-registered investment adviser that specializes in the residential whole loan market. It is a wholly owned subsidiary of Dallas, TX-based Behringer.  Since its inception in 1989, Behringer, together with its affiliates, has raised equity of more than $6 billion in assets through public and private fund structures.  For more information about Oakline and Behringer please visit their respective websites at oaklineadvisors.com and behringerinvestments.com.  

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SOURCE Vertical Capital Income Fund

FAQ

What were the results of the 2020 Annual Meeting for VCIF?

At the 2020 Annual Meeting, shareholders re-elected Mark J. Schlafly and elected Jack L. Macdowell, Jr. as Independent Trustees.

When was the VCIF Annual Meeting held?

The VCIF Annual Meeting was held on August 28, 2020.

Who is the adviser for Vertical Capital Income Fund?

Oakline Advisors, LLC is the adviser for Vertical Capital Income Fund.

What is the primary investment focus of VCIF?

The primary investment focus of VCIF is on residential whole mortgage loans.