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.
Fund Risks
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 closedendfunds@virtus.com, or
through the Closed-End Funds section of virtus.com.
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SOURCE Virtus Funds