Virtus Artificial Intelligence & Technology Opportunities Fund
AIO
New York Stock Exchange- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- CEO
- George Robert Aylward
- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 1633 Broadway New York City NY United States of America 10019
- IPO Date
- Oct 29, 2019
- CIK
- 0001778114
- Website
- virtus.com
- Similar Companies
- Business
- Virtus Artificial Intelligence & Technology Opportunities Fund (NYSE: AIO) is a diversified, closed-end management investment company with a limited term that seeks to provide total return through a combination of current income, current gains, and long-term capital appreciation. The Fund normally invests at least 80% of its net assets (plus any borrowings for investment purposes) in a combination of securities issued by artificial intelligence companies and other companies benefiting from artificial intelligence and technology opportunities, including common equities, convertible securities, high-yield bonds, and cash equivalents across sectors such as information technology, industrials, financials, and consumer discretionary; it employs a multi-asset approach based on fundamental research, dynamically allocating to debt and equity segments of issuers positioned to capitalize on AI-driven disruption in areas like machine learning, robotics, data analytics, cloud computing, and semiconductors. Incorporated in Massachusetts and listed on the New York Stock Exchange, the Fund was incepted on October 31, 2019, with Virtus Investment Advisers, Inc. serving as investment adviser and Voya Investment Management Co. LLC as subadviser; it maintains an address in Hartford, Connecticut, and operates primarily in U.S. markets with global equity exposure. Recent developments include the appointment of Ethan Turner, CFA, as Vice President and Portfolio Manager for Income & Growth in January 2023, enhancing the management team alongside lead managers Justin M. Kass, James Chen, Stephen B. Jue, and David J. Oberto; the Fund implemented a managed distribution plan in December 2021, setting monthly distributions at $0.15 per share, which continued consistently through 2025 with announcements for ex-dates in December 2025 and beyond. In June 2022, the Fund underwent a name change from Virtus AllianzGI Artificial Intelligence & Technology Opportunities Fund to its current name, reflecting a transition in subadvisory arrangements, while annual shareholder meetings in June 2025 approved board matters without reported reorganizations. The Fund sustains effective leverage of approximately 13% through short-term borrowings totaling $130 million as of late 2025, supporting a portfolio of 96 holdings with top positions in NVIDIA Corp., Oracle Corp., and Microsoft Corp., and it is scheduled to terminate on or around October 29, 2031, unless extended by up to 18 months by its Board of Trustees.