Virtus Artificial Intelligence & Technology Opportunities Fund (AIO)
Virtus Artificial Intelligence & Technology Opportunities Fund operates in the Asset Management industry of the Financial Services sector, headquartered in Atlanta, GA, US. The stock last traded at $26.62, up 1.22% on the session, giving a market capitalisation of $916.8M. On trailing twelve-month figures it carries a trailing P/E of 6.13, a net margin of 99.5%. Its beta of 1.19 implies it has historically moved more than the broad market.
The Virtus Artificial Intelligence & Technology Opportunities Fund operates as a diversified, closed-end management investment company. Its core objective is to deliver both consistent income and capital appreciation. The fund achieves this by concentrating on a significant, enduring growth trend in the market: the transformative potential of artificial intelligence and other emerging technologies. It strategically allocates capital across an expanding array of technologies and industries that are leveraging these disruptive innovations. Virtus Investment Advisers, Inc. serves as the primary investment advisor, with Voya Investment Management Co. LLC fulfilling the role of its designated subadvisor.
Virtus Artificial Intelligence & Technology Opportunities Fund is most often compared with the following Financial Services names: