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Virtus Artificial Intelligence & Technology Opportunities Fund Discloses Sources of Distribution – Section 19(a) Notice

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Virtus Artificial Intelligence & Technology Opportunities Fund (NYSE: AIO) has announced its January 2025 monthly distribution of $0.15 per share, payable on January 30, 2025. The distribution sources include: 9.3% from net investment income, 71.3% from short-term capital gains, and 19.4% from long-term capital gains.

The Fund's performance metrics show an average annual total return on NAV of 13.36% for the 5-year period, with an annualized current distribution rate of 7.92%. The fiscal YTD cumulative total return on NAV stands at 18.82%, with a cumulative distribution rate of 7.26%.

Under its Managed Distribution Plan, the Fund maintains consistent distribution levels, which may be paid from various sources. Shareholders are advised that if aggregate income and capital gains are less than the distribution amount, the difference will constitute a return of capital.

Il Virtus Artificial Intelligence & Technology Opportunities Fund (NYSE: AIO) ha annunciato la sua distribuzione mensile di gennaio 2025 di $0.15 per azione, che sarà pagata il 30 gennaio 2025. Le fonti della distribuzione includono: 9.3% da reddito netto da investimenti, 71.3% da guadagni in conto capitale a breve termine, e 19.4% da guadagni in conto capitale a lungo termine.

I parametri di performance del Fondo mostrano un ritorno totale medio annuale sul NAV del 13.36% per il periodo di 5 anni, con un tasso di distribuzione attuale annualizzato del 7.92%. Il ritorno totale cumulativo dall'inizio dell'anno fiscale sul NAV è del 18.82%, con un tasso di distribuzione cumulativo del 7.26%.

Nel suo Piano di Distribuzione Gestita, il Fondo mantiene livelli di distribuzione costanti, che possono essere pagati da varie fonti. Si avvisa gli azionisti che se il reddito aggregato e i guadagni in conto capitale sono inferiori all'importo della distribuzione, la differenza costituirà un ritorno di capitale.

El Virtus Artificial Intelligence & Technology Opportunities Fund (NYSE: AIO) ha anunciado su distribución mensual de enero de 2025 de $0.15 por acción, pagadera el 30 de enero de 2025. Las fuentes de la distribución incluyen: 9.3% de ingresos netos por inversiones, 71.3% de ganancias de capital a corto plazo, y 19.4% de ganancias de capital a largo plazo.

Los métricas de desempeño del Fondo muestran un retorno total promedio anual sobre el NAV del 13.36% para el período de 5 años, con un tasa de distribución actual anualizada del 7.92%. El retorno total acumulativo año fiscal hasta la fecha sobre el NAV es del 18.82%, con una tasa de distribución acumulativa del 7.26%.

Bajo su Plan de Distribución Administrada, el Fondo mantiene niveles de distribución consistentes, que pueden pagarse de varias fuentes. Se informa a los accionistas que si los ingresos y ganancias de capital agregados son menores al monto de distribución, la diferencia constituirá un retorno de capital.

버추스 인공지능 및 기술 기회 펀드 (NYSE: AIO)는 2025년 1월에 주당 $0.15의 월 배당금을 발표했으며, 이는 2025년 1월 30일에 지급됩니다. 배당금의 출처는 순 투자 수익의 9.3%, 단기 자본 이득의 71.3%, 장기 자본 이득의 19.4%를 포함합니다.

펀드의 성과 지표는 5년 동안 NAV에 대한 평균 연간 총 수익률이 13.36%이며, 연간화된 현재 배당률이 7.92%임을 보여줍니다. 회계 연도 시작 이후 총 NAV 수익률은 18.82%이며, 총 배당률은 7.26%입니다.

관리 배당 계획에 따라 펀드는 여러 출처에서 지급될 수 있는 일관된 배당 수준을 유지합니다. 주주들은 총 소득 및 자본 이득이 배당 금액보다 적을 경우, 그 차액이 자본 반환으로 간주된다는 점을 유의해야 합니다.

Le Virtus Artificial Intelligence & Technology Opportunities Fund (NYSE: AIO) a annoncé sa distribution mensuelle de janvier 2025 de 0,15 $ par action, qui sera versée le 30 janvier 2025. Les sources de la distribution comprennent : 9,3 % de revenus nets d'investissement, 71,3 % de gains en capital à court terme et 19,4 % de gains en capital à long terme.

Les indicateurs de performance du fonds montrent un rendement total annuel moyen sur le NAV de 13,36 % pour la période de 5 ans, avec un taux de distribution actuel annualisé de 7,92 %. Le rendement total cumulé depuis le début de l'exercice fiscal sur le NAV s'élève à 18,82 %, avec un taux de distribution cumulé de 7,26 %.

Dans le cadre de son Plan de Distribution Gérée, le fonds maintient des niveaux de distribution constants, qui peuvent être versés à partir de diverses sources. Les actionnaires sont informés que si le revenu agrégé et les gains en capital sont inférieurs au montant de la distribution, la différence constituera un retour de capital.

Der Virtus Artificial Intelligence & Technology Opportunities Fund (NYSE: AIO) hat die monatliche Verteilung für Januar 2025 von $0.15 pro Aktie angekündigt, die am 30. Januar 2025 ausgezahlt wird. Die Quellen der Verteilung umfassen: 9.3% aus Nettoinvestitionseinkünften, 71.3% aus kurzfristigen Kapitalgewinnen und 19.4% aus langfristigen Kapitalgewinnen.

Die Leistungskennzahlen des Fonds zeigen eine durchschnittliche jährliche Gesamtrendite auf das NAV von 13.36% über einen Zeitraum von 5 Jahren, mit einem annualisierten aktuellen Ausschüttungsquote von 7.92%. Der kumulierte Gesamtertrag auf das NAV seit Beginn des Geschäftsjahres liegt bei 18.82%, mit einer kumulierten Ausschüttungsquote von 7.26%.

Im Rahmen seines verwalteten Ausschüttungsplans hält der Fonds konsistente Ausschüttungsniveaus aufrecht, die aus verschiedenen Quellen gezahlt werden können. Den Aktionären wird geraten, dass, wenn das Gesamteinkommen und die Kapitalgewinne geringer sind als der Ausschüttungsbetrag, die Differenz als Rückzahlung von Kapital angesehen wird.

Positive
  • Strong fiscal YTD cumulative total return on NAV of 18.82%
  • Solid 5-year average annual total return on NAV of 13.36%
  • High annualized current distribution rate of 7.92%
  • 90% of current distribution comes from realized capital gains
Negative
  • 8.1% of fiscal YTD distributions represent return of capital, indicating insufficient earnings to cover all distributions

HARTFORD, Conn.--(BUSINESS WIRE)-- Virtus Artificial Intelligence & Technology Opportunities Fund (NYSE: AIO) previously announced the following monthly distribution on November 20, 2024:

Ticker

Amount of Distribution

Ex-Date/Record Date

Payable Date

AIO

$0.15

January 13, 2025

January 30, 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 estimates that it has distributed more than its income and capital gains; therefore, a portion of your distribution may be a return of capital. A return of capital may occur, for example, when some or all of the money that you invested in the Fund is paid back to you. A return of capital distribution does not necessarily reflect the Fund’s investment performance and should not be confused with ‘yield’ or ‘income’.

The Fund provides this estimate of the sources of its distributions:

Distribution Estimates

January 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

$

0.014

9.3%

$

0.020

1.1%

Net Realized Short-Term Capital Gains

 

0.107

71.3%

 

0.854

47.5%

Net Realized Long-Term Capital Gains

 

0.029

19.4%

 

0.779

43.3%

Return of Capital (or other Capital Source)

 

-

0.0%

 

0.147

8.1%

Total Distribution

$

0.150

100.0%

$

1.800

100.0%

(1)

Fiscal year started February 1, 2024.

 

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.

December 31, 2024

 

Average Annual Total Return on NAV for the 5-year period (2)

13.36%

Annualized Current Distribution Rate (3)

7.92%

Fiscal YTD Cumulative Total Return on NAV (4)

18.82%

Fiscal YTD Cumulative Distribution Rate (5)

7.26%

(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.

For Further Information:

Shareholder Services

(866) 270-7788

closedendfunds@virtus.com

Source: Virtus Artificial Intelligence & Technology Opportunities Fund

FAQ

What is AIO's January 2025 distribution amount and payment date?

AIO's January 2025 distribution is $0.15 per share, payable on January 30, 2025.

What is the composition of AIO's January 2025 distribution?

The January 2025 distribution consists of 9.3% net investment income, 71.3% short-term capital gains, and 19.4% long-term capital gains.

What is AIO's 5-year average annual total return on NAV?

AIO's average annual total return on NAV for the 5-year period is 13.36%.

What is AIO's fiscal YTD cumulative total return and distribution rate?

AIO's fiscal YTD cumulative total return on NAV is 18.82%, with a cumulative distribution rate of 7.26%.

What percentage of AIO's fiscal YTD distributions represents return of capital?

8.1% of AIO's fiscal YTD distributions represents return of capital.

Virtus Investment Partners, Inc.

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