Virtus Artificial Intelligence & Technology Opportunities Fund Announces Increase to Monthly Distributions
Publish Date: 2026-06-03 16:15:00
Source Domain: www.businesswire.com
- Virtus Artificial Intelligence & Technology Opportunities Fund raised its monthly distribution from $0.15 to $0.18 per share, increasing by 20%.
- The new distribution aims to enhance shareholder value and reduce the discount of fund’s shares compared to its net asset value.
- Under its Managed Distribution Plan, the fund seeks to maintain steady distribution levels using net investment income and gains, with potential returns of capital if necessary.
- The fund is a closed-end, diversified fund seeking total return through combinations of income, gains, and capital appreciation, and will terminate around October 29, 2031 unless extended.
- Investors should consider that the fund’s shares may trade at a premium or discount to their net asset value and be aware of associated risks.
