Virtus AI & Tech Opp Fund Stock Price, News & Analysis

The Virtus Artificial Intelligence & Technology Opportunities Fund (NYSE: AIO) announced a monthly distribution of $0.15 per share on March 3, 2023. The ex-date for the distribution is April 12, 2023, with a record date of April 13, 2023 and payable date of May 1, 2023. According to the Fund's Managed Distribution Plan, distributions may consist of net investment income, realized capital gains, or a return of capital if necessary. The Fund warned that a portion of the distribution may be a return of capital, indicating that shareholders could receive back part of their original investment. For the fiscal year-to-date, the cumulative total return on NAV is reported at -0.77%, while the annualized current distribution rate is 9.25%.

Virtus Artificial Intelligence & Technology Opportunities Fund (NYSE: AIO) announced a monthly distribution of $0.15 per share, with an ex-date of March 10, 2023, record date of March 13, 2023, and payable date on April 3, 2023. Shareholders are advised that this distribution may include a return of capital, as the fund has distributed more than its net investment income and realized capital gains. For March 2023, 100% of the distribution is estimated to come from return of capital. The fund's average annual total return over the past five years is 10.74%, while its fiscal year-to-date cumulative total return shows a decline of -2.68%.