VCIF News and Press, Vertical Capital Income Fund of Beneficial Interest From 09/10/19

Note: data from the article are from August 23, 2019. The Weekly Closed-End Fund Roundup will be put out at the start of each week to summarize recent price movements in closed-end fund [CEF] sectors in the last week, as well as to highlight recently concluded or upcoming corporate actio...

Bulldog Investors, LLC (“Bulldog”) today responded to the adjournment of the annual meeting of stockholders of Vertical Capital Income Fund (NYSE: VCIF) (the “Fund”), which was scheduled to be held on August 30, 2019. Oakline Advisors, LLC currently serves as the F...

The Weekly Closed-End Fund Roundup will be put out at the start of each week to summarize recent price movements in closed-end fund ((CEF)) sectors in the last week, as well as to highlight recently concluded or upcoming corporate actions on CEFs, such as tender offers. Most of the informati...

Bulldog Investors is an investment firm that, to paraphrase a Forbes headline, " bites bigger than it barks." Their general strategy is to buy closed end funds at a discount, and then engage with management to close that gap. A recent interview on Seeking Alpha provides some additional back...

The Weekly Closed-End Fund Roundup will be put out at the start of each week to summarize recent price movements in closed-end fund [CEF] sectors in the last week, as well as to highlight recently concluded or upcoming corporate actions on CEFs, such as tender offers. Most of the information...

We initiated a position into Vertical Capital Corp. ( VCIF ) shortly after we recommended it in our July monthly letter. Our thesis on the fund rested on our notion that activists would soon attack the fund and attempt to exploit it via some sort of corporate action. We were very quickly pro...

The Weekly Closed-End Fund Roundup will be put out at the start of each week to summarize recent price movements in closed-end fund [CEF] sectors in the last week, as well as to highlight recently concluded or upcoming corporate actions on CEFs, such as tender offers. Most of the information...

Our weekly commentary goes over the latest news that's occurring in the closed-end fund space. Closed-End Fund Analysis Distribution Increase N/A Distribution Decrease Tortoise Nrg Ind Fund ( NDP ): Quarterly distribution was cut by 77.1% to $0.10 from $0.4375. Tortoise Pipe...

Distribution cuts were relatively mild and infrequent this month with just one double-digit cutter. That was the Templeton Global Income ( GIM ) fund which cut the distribution by 10.6% to $0.032 from $0.036. The cut is not surprising given the fall in global yields. GIM tends to adjust the ...

Bulldog Investors, LLC (“Bulldog”) today announced that it will solicit proxies for the annual meeting of shareholders of Vertical Capital Income Fund (the “Fund”) (NYSE: VCIF) to oppose the approval of a new investment advisory agreement between the Fund and Oakli...