Specifies the vertical alignment of text in a text frame. Used with the .vertical_anchor property of the TextFrame object. Note that the vertical_anchor property can also have the value None, indicating there is no directly specified vertical anchor setting and its effective value is inherited from its placeholder if it has one or from the theme. None may also be assigned to remove an explicitly specified vertical anchor setting.

Aligns text to top of text frame and inherits its value from its layout placeholder or theme.
Centers text vertically
Aligns text to bottom of text frame
Return value only; indicates a combination of the other states.