STOCK TITAN

VCIF - VCIF STOCK NEWS

Welcome to our dedicated news page for VCIF (Ticker: VCIF), a resource for investors and traders seeking the latest updates and insights on VCIF.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect VCIF's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of VCIF's position in the market.

Rhea-AI Summary
Vertical Capital Income Fund (VCIF) has selected two winning bidders for a majority of its investment portfolio in a sales process conducted to facilitate a transaction with Carlyle. The Fund will invest the sales proceeds in cash equivalents, resulting in reduced investment income. As a result, the Fund's net asset value per share has been adjusted from $9.96 to $8.27. The Fund's Managed Distribution Plan has been terminated, and its distribution policy has been suspended. Carlyle will become the investment adviser to the Fund, and the investment mandate will change to focus on investing in CLOs. If certain closing conditions are met, Carlyle will make a special one-time payment to shareholders of $10,000,000, or approximately $0.96 per share. Carlyle will also make a $40,000,000 equity investment in the Fund. The Transaction is expected to close this week.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.41%
Tags
none
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
Rhea-AI Summary
Vertical Capital Income Fund (the 'Fund') paid a monthly distribution of $0.0673 per share to shareholders of record as of May 18, 2023. The distribution breakdown includes 33.58% from net investment income, 5.20% from net realized long-term capital gains, and 61.22% from return of capital or other capital sources. The Fund's distribution rate may be affected by various factors, and the amendment or termination of the distribution plan could impact the market price of the Fund's shares.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.1%
Tags
none
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.82%
Tags
none
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.82%
Tags
none
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.2%
Tags
none
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.15%
Tags
none
VCIF

NYSE:VCIF

VCIF Rankings

VCIF Stock Data

81.55M