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AllianzGI Artificial Intelligence & Technology Opportunities Fund
The regular distribution of 5.6% is attractive for a tech fund, particularly if the distribution can be supported.
I continue my series on Closed-End Funds looking beyond the yield.
While the special distribution paid in January was quite sweet, the regular yield is based on a well-supported distribution.
Although there is additional risk in investing in such a new fund, the distribution is well supported and the price is attractive. It is worth the risk of a small position.