The Virtus Artificial Intelligence & Technology Opportunities Fund (NYSE: AIO) today announced that its stockholders are seeking approval for a new sub-advisor agreement between the fund, advisors Virtus Investment Advisers, Inc., and Voya Investment Management (Voya IM).
Voya IM has been managing the fund under a preliminary sub-advisory agreement since July 25, 2022, pending shareholder approval of a new sub-advisory agreement. There is no change in the fund’s investment objective or investment strategy.
The Virtus Artificial Intelligence & Technology Opportunities Fund (NYSE: AIO) is a diversified closed-end fund that seeks total returns through a combination of current income, current returns and long-term capital gains. We employ a fundamental research-based multi-asset approach that dynamically allocates attractive segments of a company’s debt and equity to provide an attractive risk/reward profile.
Investing in the Fund involves risks, including the risk of potential loss of capital. Stocks in the Fund, when sold, may be worth less than what investors paid for them. Closed-end fund shares may trade at a premium or discount to net asset value. For more information on each fund’s investment objectives and risks, please refer to the fund’s annual report. A copy of the Fund’s most recent annual report is available free of charge by contacting Shareholder Services as described at the end of this press release.