AIO News and Press, AllianzGI Artificial Intelligence & Technology Opportunities Fund From 08/26/21

Last year, we were looking at distribution changes due to the COVID pandemic sell-off. CEFs distribute out most of their earnings as distributions, so they pay relatively higher yields. However, relatively higher yields mean that any downturn is likely to cause distribution cuts. ...

For 2020 and now back in 2021, growth and technology ETFs have been the go-to funds for enhanced performance. But for CEFs, there's often an added twist or two that can make the funds either outperform or underperform their ETF benchmarks, often based simply on emotions and whims. ...

Technology is back, though in this either/or market, that means everything else is struggling to go up much. That still means close to all-time highs in the case of DIA, and actual all-time highs for SPY, but technology had the most room to catch up. So with the QQQ's nearing all-...

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 wel...

The proverbial shot-across-the-bow came last week as the markets finally reacted to inflation fears as reflected in the sizzling CPI (Consumer Price Index) and PPI (Producer Price Index) numbers. The closure of the Colonial Pipeline due to a cyber attack didn't help either as gasoline...

The question today is, should you avoid CEF IPOs? From the data we have compiled, it seems that the averages come to be quite flat and it largely depends on the circumstances of its launch. One potential way to play this could be buying on day 1 and selling after 1-month of holdin...

After raising the Virtus-AllianzGI Artificial Intelligence & Technology Opportunities Fund (AIO) target price from $25 to $28 last year, I'm raising again to $32 as the technology sector firms up. Because despite AIO's name and a 46.6% rise in its NAV in 2020, third best out of al...

STK is an unleveraged, technology, closed-end fund. The fund generates income from option-writing premiums and long-term capital gains. Comparisons with other technology-sector CEFs and top option-income CEFs show STK as presenting a balance between distribution rate and capital a...

There are three primary things that I see a lot of newer CEF investors get hung up on; return of capital, section 19a and data aggregators distribution classifications. All three of these have to do with the tax character of the distributions and the mistakes that can be made. The...

We anticipate that artificial intelligence will play a crucial part in the further digitization of companies in all industries. 4 out of the top 10 holdings consist of major semiconductor companies. Approximately 50% of total assets are invested in equities, while the rest are inv...