Virtus AllianzGI Artificial Intelligence & Technology Opportunities Fund (AIO) Stock

Virtus Artificial Intelligence & Technology Opportunities Fund (AIO) has seen strong performance, driven by a narrowing discount and also AI-related investments. AIO's hybrid approach includes equities, convertibles, and high-yield bonds, making it more diversified but potentially limiting the relative returns. The fund comes with an attractive distribution yield that is paid monthly, which can be appealing to income-oriented investors.

The AI technology trend has driven significant outperformance for AI-related growth stocks like Nvidia and Microsoft, with closed-end funds like BlackRock Science and Technology Term Trust and Virtus Artificial Intelligence & Technology Opportunities Fund offering high-yield income opportunities. The AIO CEF has delivered nearly 70% total return since August 2022, but I'm downgrading it to a Hold due to lack of NAV discount and potential tech stock volatility. AIO's stable monthly distribution and diversified holdings in tech, healthcare, and financials make it a solid long-term investment, despite potential market corrections.

HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Artificial Intelligence & Technology Opportunities Fund (NYSE: AIO) today announced the following monthly distributions: Amount of Distribution Ex-Date/Record Date Payable Date $0.15 December 12, 2024 December 30, 2024 $0.15 January 13, 2025 January 30, 2025 $0.15 February 13, 2025 February 27, 2025 $0.15 March 13, 2025 March 28, 2025 The Fund previously announced the following monthly distribution on August 29, 2024: Amount of Distribution Ex-Date R.

24/7 Wall Street Insights Closed-End Mutual Funds (CEF) trade like stocks but provide comparable performance to their Open-End Mutual Fund cousins and may have additional advantages.

Earnings estimates for AI-related companies are declining, leading to a shift towards value and cyclical stocks. The Virtus Artificial Intelligence & Technology Opportunities Fund (AIO) has been downgraded from buy to hold due to bearish seasonal trends and stretched valuation. AIO's portfolio heavily focuses on growth stocks, with limited exposure to value positions, leading to uncertainty in liquidity metrics.

HARTFORD, Conn,--(BUSINESS WIRE)--Virtus Artificial Intelligence & Technology Opportunities Fund (NYSE: AIO) previously announced the following monthly distribution on March 1, 2024: Ticker Amount of Distribution Ex-Date Record Date Payable Date AIO $0.15 June 13, 2024 June 13, 2024 June 27, 2024 Under the terms of its Managed Distribution Plan, the Fund will seek to maintain a consistent distribution level that may be paid, in part or in full, from net investment income and realized capita.

HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Artificial Intelligence & Technology Opportunities Fund (NYSE: AIO) today announced the following monthly distributions: Amount of Distribution Ex-Date Record Date Payable Date $0.15 July 11, 2024 July 11, 2024 July 30, 2024 $0.15 August 12, 2024 August 12, 2024 August 29, 2024 Under the terms of its Managed Distribution Plan, the Fund will seek to maintain a consistent distribution level that may be paid, in part or in full, from net investment inco.

Virtus Artificial Intelligence & Technology Opportunities Fund (NYSE: AIO) has declared a monthly distribution of $0.15 per share, with an ex-date of May 10, 2024, a record date of May 13, 2024, and a payable date of May 30, 2024. The Fund aims to maintain a steady distribution level, which may be funded by net investment income and realized capital gains as per its Managed Distribution Plan.

The stock market continues to rise despite facing numerous concerns. Today, we are not lacking in worries.