Virtus Artificial Intelligence & Technology Opportunities Fund Pretax Margin % : 99.38% (As of Jan. 2024)

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What is Virtus Artificial Intelligence & Technology Opportunities Fund Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Virtus Artificial Intelligence & Technology Opportunities Fund's Pre-Tax Income for the six months ended in Jan. 2024 was $48.07 Mil. Virtus Artificial Intelligence & Technology Opportunities Fund's Revenue for the six months ended in Jan. 2024 was $48.37 Mil. Therefore, Virtus Artificial Intelligence & Technology Opportunities Fund's pretax margin for the quarter that ended in Jan. 2024 was 99.38%.

The historical rank and industry rank for Virtus Artificial Intelligence & Technology Opportunities Fund's Pretax Margin % or its related term are showing as below:

AIO' s Pretax Margin % Range Over the Past 10 Years
Min: 96.64 Med: 99.53 Max: 100.76
Current: 99.31

AIO's Pretax Margin % is ranked better than
77.76% of 1668 companies
in the Asset Management industry
Industry Median: 90.255 vs AIO: 99.31

Virtus Artificial Intelligence & Technology Opportunities Fund Pretax Margin % Historical Data

The historical data trend for Virtus Artificial Intelligence & Technology Opportunities Fund's Pretax Margin % 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 Pretax Margin % Chart

Virtus Artificial Intelligence & Technology Opportunities Fund Annual Data

Trend

Feb20

Feb21

Jan22

Jan23

Jan24

Pretax Margin %

96.64

99.75

100.76

99.31

Virtus Artificial Intelligence & Technology Opportunities Fund Semi-Annual Data
	Feb20	Aug20	Feb21	Aug21	Jul22	Jan23	Jul23	Jan24
Pretax Margin %	Get a 7-Day Free Trial			99.17	100.33	98.05	99.21	99.38

Competitive Comparison of Virtus Artificial Intelligence & Technology Opportunities Fund's Pretax Margin %

For the Asset Management subindustry, Virtus Artificial Intelligence & Technology Opportunities Fund's Pretax Margin %, along with its competitors' market caps and Pretax Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Virtus Artificial Intelligence & Technology Opportunities Fund's Pretax Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Virtus Artificial Intelligence & Technology Opportunities Fund's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Virtus Artificial Intelligence & Technology Opportunities Fund's Pretax Margin % falls into.

Virtus Artificial Intelligence & Technology Opportunities Fund Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

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

Pretax Margin	=	Pre-Tax Income (A: Jan. 2024 )	/	Revenue (A: Jan. 2024 )
	=	85.509	/	86.106
	=	99.31 %

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

Pretax Margin	=	Pre-Tax Income (Q: Jan. 2024 )	/	Revenue (Q: Jan. 2024 )
	=	48.065	/	48.365
	=	99.38 %

Virtus Artificial Intelligence & Technology Opportunities Fund (NYSE:AIO) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.

Virtus Artificial Intelligence & Technology Opportunities Fund Pretax Margin % 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 » Pretax Margin %

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