HARTFORD, Conn., Nov. 11, 2022 /PRNewswire/ — Virtus Artificial Intelligence & Technology Opportunities Fund (NYSE: AIO) announced today that its shareholders have voted to approve a new subadvisory agreement among the fund, its adviser, Virtus Investment Advisers, Inc., and Voya Investment Management (Voya IM).
Voya IM has been managing the fund since July 25, 2022 under an interim subadvisory agreement pending shareholder approval of the new subadvisory agreement. There have been no changes to the investment objectives or investment strategies of the fund.
About the Fund
Virtus Artificial Intelligence & Technology Opportunities Fund (NYSE: AIO) 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.
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 net asset value. For more information about each 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.
For more information on the Fund, contact shareholder services at (866) 270-7788, by email at [email protected], or through the Closed-End Funds section of virtus.com.
SOURCE Virtus Funds