Virtus Artificial Intelligence & Technology Opportunities Fund Announces Monthly Distributions
HARTFORD, Conn., March 01, 2024
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 | March 8, 2024 | March 11, 2024 | March 28, 2024 |
$0.15 | April 10, 2024 | April 11, 2024 | April 29, 2024 |
$0.15 | May 10, 2024 | May 13, 2024 | May 30, 2024 |
$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 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 provided this estimate of the sources of the distributions:
Distribution Estimates | February 2024 (MTD) | Fiscal Year-to-Date (1) | |||||||
(Sources) | Per Share Amount | Percentage of Current Distribution | Per Share Amount | Percentage of Current Distribution | |||||
Net Investment Income | $ 0.003 | 2.1% | $ 0.003 | 2.1% | |||||
Net Realized Short-Term Capital Gains | – | 0.0% | – | 0.0% | |||||
Net Realized Long-Term Capital Gains | – | 0.0% |  | ||||||
