Virtus AIO Fund EVP Bradley Patrick Buys 2000 Shares at $24.79 on July 29.

Virtus Artificial Intelligence & Technology Opportunities Fund (AIO) recently announced that Bradley William Patrick III, EVP, CFO and Treasurer, has made a notable investment in the company's shares. On July 29, 2025, he acquired 2,000 shares at a price of $24.79 per share, demonstrating his confidence in the company's future prospects and commitment to its success.

Virtus Artificial Intelligence & Technology Opportunities Fund (AIO) recently saw a significant investment from Bradley William Patrick III, the Executive Vice President, Chief Financial Officer, and Treasurer of the company. On July 29, 2025, Patrick III acquired 2,000 shares of AIO at a price of $24.79 per share, signaling his confidence in the fund's future prospects and his commitment to its success [3].

The acquisition of 2,000 shares by Patrick III, at a total cost of $50,000, underscores his belief in the fund's investment strategy and the potential for growth in the artificial intelligence and technology sectors. This move comes amidst a period of strong performance for the fund, which has seen an average annual total return on net asset value (NAV) of 12.87% over the past five years [1].

The fund's investment objective is to provide total return through a combination of current income, current gains, and long-term capital appreciation. Under normal market conditions, it seeks to achieve this by investing in companies across various industries and technologies that stand to benefit from artificial intelligence and other new technologies. At least 80% of the fund's net assets are invested in a combination of securities issued by artificial intelligence companies and in other companies that stand to benefit from these opportunities [1].

Patrick III's investment in AIO also reflects the fund's robust distribution policy. The fund's Managed Distribution Plan aims to maintain a consistent distribution level, which may be paid from net investment income and realized capital gains, or a combination thereof. For the month of July 2025, the fund distributed $0.15 per share, with long-term capital gains accounting for 89.4% of the total distribution [2].

The fund's performance and distribution rates are closely monitored, and investors are encouraged to review the fund's annual report for detailed information on its investment objective and risks. A copy of the most recent annual report is available upon request from the fund's shareholder services [1].

References:
[1] https://www.marketscreener.com/quote/stock/VIRTUS-ARTIFICIAL-INTELLI-73486535/
[2] https://markets.ft.com/data/announce/detail?dockey=600-202507291610BIZWIRE_USPRX____20250729_BW316813-1
[3] https://www.stocktitan.net/news/AIO/virtus-artificial-intelligence-technology-opportunities-fund-0d22n02d77yq.html