Virtus Artificial Intelligence & Technology Opportunities Fund Total Assets : $844.28 Mil (As of Jan. 2024)

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What is Virtus Artificial Intelligence & Technology Opportunities Fund Total Assets?

Virtus Artificial Intelligence & Technology Opportunities Fund's Total Assets for the quarter that ended in Jan. 2024 was $844.28 Mil.

During the past 12 months, Virtus Artificial Intelligence & Technology Opportunities Fund's average Total Assets Growth Rate was -1.20% per year. During the past 3 years, the average Total Assets Growth Rate was -7.80% per year.

During the past 5 years, Virtus Artificial Intelligence & Technology Opportunities Fund's highest 3-Year average Total Assets Growth Rate was 5.50%. The lowest was -7.80%. And the median was -1.15%.

Total Assets is connected with ROA %. Virtus Artificial Intelligence & Technology Opportunities Fund's annualized ROA % for the quarter that ended in Jan. 2024 was 11.43%. Total Assets is also linked to Revenue through Asset Turnover. Virtus Artificial Intelligence & Technology Opportunities Fund's Asset Turnover for the quarter that ended in Jan. 2024 was 0.06.

Virtus Artificial Intelligence & Technology Opportunities Fund Total Assets Historical Data

The historical data trend for Virtus Artificial Intelligence & Technology Opportunities Fund's Total Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Virtus Artificial Intelligence & Technology Opportunities Fund Total Assets Chart

Virtus Artificial Intelligence & Technology Opportunities Fund Annual Data

Trend

Feb20

Feb21

Jan22

Jan23

Jan24

Total Assets

711.26

1,052.12

883.26

834.23

844.28

Virtus Artificial Intelligence & Technology Opportunities Fund Semi-Annual Data
	Feb20	Aug20	Feb21	Aug21	Jul22	Jan23	Jul23	Jan24
Total Assets	Get a 7-Day Free Trial			1,078.97	847.15	834.23	837.63	844.28

Virtus Artificial Intelligence & Technology Opportunities Fund Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Virtus Artificial Intelligence & Technology Opportunities Fund's Total Assets for the fiscal year that ended in Jan. 2024 is calculated as

Total Assets	=	Total Equity (A: Jan. 2024 )	+	Total Liabilities (A: Jan. 2024 )
	=	707.738	+	136.542
	=	844.28

Virtus Artificial Intelligence & Technology Opportunities Fund's Total Assets for the quarter that ended in Jan. 2024 is calculated as

Total Assets	=	Total Equity (Q: Jan. 2024 )	+	Total Liabilities (Q: Jan. 2024 )
	=	707.738	+	136.542
	=	844.28

Virtus Artificial Intelligence & Technology Opportunities Fund (NYSE:AIO) Total Assets Explanation

Total Assets is connected with ROA %.

Virtus Artificial Intelligence & Technology Opportunities Fund's annualized ROA % for the quarter that ended in Jan. 2024 is

ROA %	=	Net Income (Q: Jan. 2024 )	/	( (Total Assets (Q: Jul. 2023 )	+	Total Assets (Q: Jan. 2024 ))	/ count )
	=	96.088	/	( (837.629	+	844.28)	/ 2 )
	=	96.088	/	840.9545
	=	11.43 %

Note: The Net Income data used here is two times the semi-annual (Jan. 2024) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Virtus Artificial Intelligence & Technology Opportunities Fund's Asset Turnover for the quarter that ended in Jan. 2024 is

	Asset Turnover
=	Revenue (Q: Jan. 2024 )	/	( (Total Assets (Q: Jul. 2023 )	+	Total Assets (Q: Jan. 2024 ))	/ count )
=	48.365	/	( (837.629	+	844.28)	/ 2 )
=	48.365	/	840.9545
=	0.06

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Virtus Artificial Intelligence & Technology Opportunities Fund Total Assets Related Terms

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Virtus Artificial Intelligence & Technology Opportunities Fund Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Virtus Artificial Intelligence & Technology Opportunities Fund (NYSE:AIO) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

101 Munson Street, Greenfield, MA, USA, 01301

Website

https://www.allianzinvestors.com

AllianzGI Artificial Intelligence & Technology Opportunities Fund is a newly organized, diversified, limited term closed-end management investment company. The fund's investment objective is to provide total return through a combination of current income, current gains and long-term capital appreciation.

Executives

Mcdaniel Connie D	director	C/O VIRTUS INVESTMENT PARTNERS, INC., ONE FINANCIAL PLAZA, 26TH FL., HARTFORD CT 06103
Donald C Burke	director	C/O BLACKROCK FINANCIAL MANAGEMENT, INC., 40 EAST 52ND STREET, NEW YORK NY 10022
Geraldine M Mcnamara	director	150 EAST 44TH ST, APT 35G, NEW YORK NY 10017
Voya Investment Management Co	other: Subadviser to the issuer	10 STATE HOUSE SQUARE, SH12, HARTFORD CT 06103-3602
Paul Zemsky	other: CIO-Subadviser to the issuer	230 PARK AVENUE, NEW YORK NY 10169
Vincent J Costa	other: CIO-Subadviser to the issuer	800 SCUDDERS MILL ROAD, PLAINSBORO NJ 08536
Christine Hurtsellers	other: CEO - Subadviser to the issuer	230 PARK AVENUE, NEW YORK NY 10169
R Keith Walton	director	100 PEARL STREET, HARTFORD CT 06103
Deborah A Decotis	director	1633 BROADWAY, NEW YORK NY 10019
Philip R Mcloughlin	director	800 SCUDDERS HILL ROAD, PLAINSBORO NJ 08536
David J. Oberto	officer: Portfolio Manager	1633 BROADWAY, NEW YORK NY 10019
Sarah E Cogan	director	1633 BROADWAY, NEW YORK NY 10019
Brian T Zino	director	100 PARK AVENUE, NEW YORK NY 10017
George R Aylward	director, officer: President and CEO	C/O VIRTUS INVESTMENT PARTNERS, INC., 100 PEARL STREET, HARTFORD CT 06103
James S Macleod	director	250 E KILBOURN AVE, MILWAUKEE WI 53202