Allianz Global Investors U.S. LLC (AllianzGI U.S.), investment manager to each of the Funds listed above, announced today that (i) the shareholders of AllianzGI Convertible & Income Fund voted to approve a new investment advisory agreement with Virtus Investment Partners, Inc. (Virtus) at its Special Meeting of Shareholders (the Meeting) as well as a new subadvisory agreement by and among the Fund, Virtus and AllianzGI U.S., and (ii) the Meeting was adjourned with respect to AllianzGI Artificial Intelligence & Technology Opportunities Fund to a later date and time as described in this press release in order to permit the solicitation of additional shareholder votes.
The new investment advisory agreement and subadvisory agreement for AllianzGI Convertible & Income Fund will become effective upon the transition of operational control of the Fund as part of the strategic partnership…