Virtus Artificial Intelligence & Technology Opportunities Fund Discloses Sources of Distribution – Section 19(a) Notice
Virtus Artificial Intelligence & Technology Opportunities Fund (NYSE: AIO) has disclosed information about its monthly distribution under its Managed Distribution Plan. The fund aims to maintain consistent distribution levels that may be sourced from net investment income, realized capital gains, or a combination of both.
Shareholders are advised that if the Fund's aggregate net investment income and realized capital gains are less than the distribution amount, the difference will be distributed from Fund assets and constitute a return of shareholder capital. The Fund emphasizes that distribution estimates are provided for informational purposes only and should not be used to draw conclusions about investment performance.
Final tax reporting will be provided via Form 1099-DIV, as actual distribution sources may vary based on the Fund's fiscal year investment experience and tax regulations.
Virtus Artificial Intelligence & Technology Opportunities Fund (NYSE: AIO) ha divulgato informazioni riguardanti la sua distribuzione mensile nell'ambito del Piano di Distribuzione Gestita. Il fondo mira a mantenere livelli di distribuzione coerenti, che possono derivare da reddito da investimenti netti, guadagni di capitale realizzati, o una combinazione di entrambi.
Si avvisa gli azionisti che, se il reddito netto da investimenti aggregato del Fondo e i guadagni di capitale realizzati sono inferiori all'importo della distribuzione, la differenza sarà distribuita dalle attività del Fondo e costituirà un ritorno di capitale per gli azionisti. Il Fondo sottolinea che le stime di distribuzione sono fornite solo a scopo informativo e non dovrebbero essere utilizzate per trarre conclusioni sulle performance degli investimenti.
La reportistica fiscale finale sarà fornita tramite il Modulo 1099-DIV, poiché le fonti di distribuzione effettive possono variare in base all'esperienza di investimento dell'anno fiscale del Fondo e alle normative fiscali.
Virtus Artificial Intelligence & Technology Opportunities Fund (NYSE: AIO) ha divulgado información sobre su distribución mensual bajo su Plan de Distribución Administrada. El fondo tiene como objetivo mantener niveles de distribución consistentes que pueden provenir de ingresos netos de inversiones, ganancias de capital realizadas, o una combinación de ambos.
Se aconseja a los accionistas que, si los ingresos netos de inversiones agregados del Fondo y las ganancias de capital realizadas son inferiores al monto de la distribución, la diferencia se distribuirá de los activos del Fondo y constituirá un retorno de capital para los accionistas. El Fondo enfatiza que las estimaciones de distribución se proporcionan solo con fines informativos y no deben utilizarse para sacar conclusiones sobre el rendimiento de la inversión.
El informe fiscal final se proporcionará a través del Formulario 1099-DIV, ya que las fuentes de distribución reales pueden variar según la experiencia de inversión del año fiscal del Fondo y las regulaciones fiscales.
Virtus Artificial Intelligence & Technology Opportunities Fund (NYSE: AIO)는 관리 배당 계획에 따라 월별 배당에 대한 정보를 공개했습니다. 이 펀드는 순 투자 수익, 실현된 자본 이득 또는 두 가지의 조합에서 나올 수 있는 일관된 배당 수준을 유지하는 것을 목표로 합니다.
주주들에게 알리면, 펀드의 총 순 투자 수익과 실현된 자본 이득이 배당 금액보다 적을 경우, 차액은 펀드 자산에서 분배되어 주주 자본의 반환으로 간주됩니다. 펀드는 배당 추정치는 정보 제공 목적으로만 제공되며, 투자 성과에 대한 결론을 내리는 데 사용되지 않아야 한다고 강조합니다.
최종 세금 보고서는 실제 배당 출처가 펀드의 회계 연도 투자 경험 및 세법에 따라 달라질 수 있으므로 1099-DIV 양식을 통해 제공됩니다.
Virtus Artificial Intelligence & Technology Opportunities Fund (NYSE: AIO) a divulgué des informations concernant sa distribution mensuelle dans le cadre de son Plan de Distribution Géré. Le fonds vise à maintenir des niveaux de distribution cohérents, qui peuvent provenir de revenus d'investissement nets, de gains en capital réalisés, ou d'une combinaison des deux.
Les actionnaires sont informés que si les revenus d'investissement nets agrégés du Fonds et les gains en capital réalisés sont inférieurs au montant de la distribution, la différence sera distribuée à partir des actifs du Fonds et constituera un retour de capital pour les actionnaires. Le Fonds souligne que les estimations de distribution sont fournies uniquement à des fins d'information et ne doivent pas être utilisées pour tirer des conclusions sur la performance des investissements.
Le rapport fiscal final sera fourni via le formulaire 1099-DIV, car les sources de distribution réelles peuvent varier en fonction de l'expérience d'investissement de l'année fiscale du Fonds et des réglementations fiscales.
Virtus Artificial Intelligence & Technology Opportunities Fund (NYSE: AIO) hat Informationen über seine monatliche Ausschüttung im Rahmen des verwalteten Ausschüttungsplans veröffentlicht. Der Fonds zielt darauf ab, konsistente Ausschüttungsniveaus aufrechtzuerhalten, die aus Nettoanlageerträgen, realisierten Kapitalgewinnen oder einer Kombination aus beidem stammen können.
Aktionäre werden darauf hingewiesen, dass, wenn das aggregierte Nettoanlageergebnis des Fonds und die realisierten Kapitalgewinne geringer sind als der Ausschüttungsbetrag, die Differenz aus den Fondsvermögen verteilt wird und als Rückzahlung des Aktionärskapitals betrachtet wird. Der Fonds betont, dass die Ausschüttungsschätzungen nur zu Informationszwecken bereitgestellt werden und nicht verwendet werden sollten, um Schlussfolgerungen über die Anlageperformance zu ziehen.
Die endgültige Steuerberichterstattung erfolgt über das Formular 1099-DIV, da die tatsächlichen Ausschüttungsquellen je nach den Anlageerfahrungen des Geschäftsjahres des Fonds und den Steuervorschriften variieren können.
- Consistent monthly distribution policy maintained
- Potential return of shareholder capital if income/gains insufficient
- Distributions may not reflect actual fund performance
Ticker |
Amount of Distribution |
Ex-Date/Record Date |
Payable Date |
AIO |
|
February 13, 2025 |
February 27, 2025 |
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 capital gains, or a combination thereof. Shareholders should note, however, that if the Fund's aggregate net investment income and net realized capital gains are less than the amount of the distribution level, the difference will be distributed from the Fund's assets and will constitute a return of the shareholder's capital. You should not draw any conclusions about the Fund’s investment performance from the amount of this distribution or from the terms of the Fund’s Managed Distribution Plan.
The Fund provides this estimate of the sources of its distributions:
Distribution Estimates |
February 2025 (MTD) |
Fiscal Year-to-Date (YTD) (1) |
||
(Sources) |
Per Share Amount |
Percentage of Current Distribution |
Per Share Amount |
Percentage of Current Distribution |
Net Investment Income |
|
|
|
|
Net Realized Short-Term Capital Gains |
0.042 |
|
0.042 |
|
Net Realized Long-Term Capital Gains |
0.096 |
|
0.096 |
|
Return of Capital (or other Capital Source) |
- |
|
- |
|
Total Distribution |
|
|
|
|
(1) Fiscal year started February 1, 2025. |
||||
Information regarding the Fund’s performance and distribution rates is set forth below. Please note that all performance figures are based on the Fund’s net asset value (NAV) and not the market price of the Fund’s shares. Performance figures are not meant to represent individual shareholder performance.
January 31, 2025 |
|
Average Annual Total Return on NAV for the 5-year period (2) |
|
Annualized Current Distribution Rate (3) |
|
Fiscal YTD Cumulative Total Return on NAV (4) |
|
Fiscal YTD Cumulative Distribution Rate (5) |
|
(2) |
Average Annual Total Return on NAV is the annual compound return for the five-year period. It reflects the change in the Fund’s NAV and reinvestment of all distributions. |
(3) |
Annualized Current Distribution Rate is the current distribution rate annualized as a percentage of the Fund's NAV at month end. |
(4) |
Fiscal YTD Cumulative Total Return on NAV is the percentage change in the Fund's NAV from the first day of the fiscal year to this month end, including distributions paid and assuming reinvestment of those distributions. |
(5) |
Fiscal YTD Cumulative Distribution Rate is the dollar value of distributions from the first day of the fiscal year to this month end as a percentage of the Fund's NAV at month end. |
The amounts and sources of distributions reported in this notice are estimates only and are not being provided for tax reporting purposes. The actual amounts and sources of the distributions for tax purposes will depend on the Fund’s investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The Fund or your broker will send you a Form 1099-DIV for the calendar year that will tell you what distributions to report for federal income tax purposes.
About the Fund
Virtus Artificial Intelligence & Technology Opportunities Fund is a diversified closed-end fund that seeks to provide total return through a combination of current income, current gains, and long-term capital appreciation. A multi-asset approach based on fundamental research is employed, dynamically allocating to attractive segments of a company's debt and equity in order to offer an attractive risk/reward profile. The Fund has a limited term and will terminate on or around October 29, 2031, absent approval by the Fund’s Board of Trustees to extend the Fund’s term by up to 18 months. Virtus Investment Advisers, Inc. is the investment adviser to the Fund and Voya Investment Management is its subadviser.
For more information on the Fund, contact shareholder services at (866) 270-7788, by email at closedendfunds@virtus.com, or through the Closed-End Funds section of virtus.com.
Fund Risks
An investment in a fund is subject to risk, including the risk of possible loss of principal. A fund’s shares may be worth less upon their sale than what an investor paid for them. Shares of closed-end funds may trade at a premium or discount to their NAV. For more information about the Fund’s investment objective and risks, please see the Fund’s annual report. A copy of the Fund’s most recent annual report may be obtained free of charge by contacting “Shareholder Services” as set forth at the end of this press release.
About Virtus Investment Partners, Inc.
Virtus Investment Partners (NYSE: VRTS) is a distinctive partnership of boutique investment managers singularly committed to the long-term success of individual and institutional investors. We provide investment management products and services from our affiliated managers, each with a distinct investment style and autonomous investment process, as well as select subadvisers. Investment solutions are available across multiple disciplines and product types to meet a wide array of investor needs. Additional information about our firm, investment partners, and strategies is available at virtus.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250227359209/en/
For Further Information:
Shareholder Services
(866) 270-7788
closedendfunds@virtus.com
Source: Virtus Artificial Intelligence & Technology Opportunities Fund
FAQ
How does AIO's Managed Distribution Plan work?
What tax implications do AIO's distributions have for shareholders?
What happens if AIO's investment income is less than the distribution amount?
How are AIO's distribution sources estimated and reported?
