UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM N-PX
ANNUAL REPORT OF PROXY VOTING RECORD OF REGISTERED MANAGEMENT INVESTMENT COMPANY
Investment Company Act file number: 811-23016
Alternative CREDIT INCOME FUND
(Exact name of registrant as specified in charter)
650 Madison Avenue, 23rd Floor
New York, NY 10022
(Address of principal executive offices) (Zip code)
The Corporation Trust Company
Corporation Trust Center, 1209 Orange Street
Wilmington, DE 19801
(Name and address of agent for service)
Registrant’s telephone number, including area code: (212) 891-2880
Date of fiscal year end: September 30
Date of reporting period: July 1, 2022 - June 30, 2023
Item 1 – Proxy Voting Record.
ALTERNATIVE CREDIT INCOME FUND
Company | Ticker | CUSIP | Meeting Date | A brief identification of the matter voted on | Proposed by Issuer or Security Holder | Voted | Vote Cast | With or Against Management |
Ares Capital Corporation | ARCC | 04010L103 | 8/4/22 | 1. To authorize the Company, with the approval of its board of directors, to sell or otherwise issue shares of its common stock at a price below its then current net asset value per share subject to the limitations set forth in the proxy statement for the special meeting of stockholders (including, without limitation, that the number of shares issued does not exceed 25% of the Company's then outstanding common stock). | Issuer | Yes | Against | Against |
WhiteHorse Finance Inc. | WHF | 96524V106 | 8/4/22 | 1. To elect two Class I directors of the Company who will serve until the 2025 annual meeting of Stockholders or until their successors are duly elected and qualify; and 2. To ratify the selection of Crowe LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2022. | Issuer | Yes | For | With |
Apollo Investment Corporation | AINV | 03761U502 | 8/9/22 | 1. To consider and vote upon the election of two Class III directors of the Company, who will each serve until the Company’s 2025 Annual Meeting of Stockholders and until his or her successor is duly elected and qualified; and 2. To consider and vote upon ratifying the selection of Deloitte & Touche LLP to serve as the Company’s independent registered public accounting firm for the year ending March 31, 2023; and 3. To transact such other business as may properly come before the meeting and any postponements or adjournments thereof. | Issuer | Yes | For | With |
SLR Investment Corp | SLRC | 83413U100 | 10/26/22 | 1. To elect one director of the Company, who will serve for a term of three years, or until his successor is duly elected and qualified; and 2.To approve a proposal to authorize the Company to sell shares of its common stock at a price or prices below the Company’s then current net asset value per share in one or more offerings, in each case subject to the approval of its board of directors and compliance with the conditions set forth in the proxy statement (including, without limitation, that the number of shares issued does not exceed 25% of the Company’s then outstanding common stock immediately prior to each such offering). | Issuer | Yes | 1. For 2. Against | 1. With 2. Against |
PennantPark Floating Rate Capital | PLFT | 70806A106 | 2/7/23 | 1. To consider and vote upon the election of two directors to the Board of Directors of the Company, who will each serve for a term of three years until the 2026 annual meeting of Stockholders and until his successor is duly elected and qualifies; and 2. To consider and vote upon the ratification of the selection of RSM US LLP to serve as the Company’s independent registered public accounting firm for the fiscal year ending September 30, 2023; and 3. To transact such other business as may properly come before the Annual Meeting or any postponement or adjournment of the Annual Meeting. | Issuer | Yes | For | With |
CHORD ENERGY CORPORATION | CHRD | 674215207 | 4/26/23 | 1. Election of nine Directors to serve until the Company's 2024 Annual Meeting. 2. Ratification of the selection of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for 2023. 3. Advisory vote to approve executive compensation as described in the accompanying proxy statement. 4. Advisory vote on the frequency of future executive compensation advisory votes. 5. To transact such other business as may properly come before the Annual Meeting | Issuer | Yes | For | With |
Ares Capital Corporation | ARCC | 04010L103 | 5/17/23 | 1. To elect three directors to serve until the 2026 annual meeting of stockholders and until their successors are duly elected and qualify; and 2. To consider and vote upon the ratification of the selection of KPMG LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2023; and 3. To consider and take action upon such other matters as may properly come before the meeting or any adjournment or postponement thereof. | Issuer | Yes | For | For |
FS KKR Capital Corp | FSK | 302635206 | 6/23/23 | 1. Elect the following individuals as Class A Directors, each of whom has been nominated for election for a three-year term expiring at the 2026 annual meeting of stockholders: (a) Michael J. Hagan, (b) Jeffrey K. Harrow, (c) James H. Kropp and (d) Elizabeth J. Sandler; and 2. Approve a proposal to allow the Company in future offerings to sell its shares below net asset value per share in order to provide flexibility for future sales. | Issuer | Yes | 1. For 2. Against | 1.With 2. Against |
SIGNATURES
Pursuant to the requirements of the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Registrant: Alternative Credit Income Fund
By: | /s/ Edward Goldthorpe | |
| Edward Goldthorpe | |
Title: | President and Chief Executive Officer (Principal Executive Officer) | |
| | |
Date: | August 24, 2023 | |