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Virtus Dividend, Interest & Premium Strategy Fund

NFJ

Market cap $1.35B

14.52 USD

-0.14

0.95%

At close Updated Oct 23, 4:00 PM EDT

1 day

-0.95%

5 days

-0.89%

1 month

-3.46%

3 months

-3.84%

6 months

3.2%

Year to date

12.04%

1 year

12.47%

5 years

-6.92%

10 years

16.81%

About: Virtus Dividend, Interest & Premium Strategy Fund is a Massachusetts-based business trust. The primary investment objective of the company is to seek current income and gains, with a secondary objective of long-term capital appreciation. It pursues its investment objectives by investing in a diversified portfolio of dividend-paying common stocks and income-producing convertible securities.

Financials Asset Management

News

Positive

Neutral

Negative

Sentiment 3-Months

Positive 20%

Neutral 80%

Negative 0%

NFJ's Tender Offer Results

The Virtus Dividend, Interest & Premium Strategy Fund accepted 23,241,811 shares, 25% of its outstanding shares, at $15.9192 (99% of NAV); 28,811,699 shares were tendered, for a proration factor of 80.67%. Only about 31% of shares were tendered, far fewer than our 50% base case, even though Saba Capital alone held about 11% of the fund going into the offer. A 1,000-share position bought on September 4 and fully tendered was up +2.02% after five weeks, versus a -4.82% loss for simply holding.

NFJ's Tender Offer Results

Virtus Dividend, Interest & Premium Strategy Fund Announces Final Results of Tender Offer

HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Dividend, Interest & Premium Strategy Fund (NYSE: NFJ) (the “Fund”) today announced the final results of its previously announced tender offer (“Tender Offer”) to acquire up to 25% of its outstanding shares. The Tender Offer expired October 5, 2026, at 5:00 p.m. (Eastern). The Fund accepted 23,241,811 shares, representing 25% of its outstanding shares, for payment on or about October 13, 2026. A total of 28,811,699 shares were properly tendered. Ther.

Virtus Dividend, Interest & Premium Strategy Fund Announces Final Results of Tender Offer

Virtus Dividend, Interest & Premium Strategy Fund Announces Preliminary Results of Tender Offer

HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Dividend, Interest & Premium Strategy Fund (NYSE: NFJ) (the “Fund”) today announced preliminary results of its previously announced tender offer (“Tender Offer”) to acquire up to 25% of the Fund's outstanding shares. The Tender Offer expired on October 5, 2026, at 5 p.m. (Eastern). Based on preliminary information, approximately 28,818,491 shares were tendered pursuant to notices of guaranteed delivery. Because the Tender Offer was oversubscribed, th.

Virtus Dividend, Interest & Premium Strategy Fund Announces Preliminary Results of Tender Offer

Virtus Dividend, Interest & Premium Strategy Fund Announces Distribution and Discloses Sources of Distribution – Section 19(a) Notice

HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Dividend, Interest & Premium Strategy Fund (NYSE: NFJ) today announced the following quarterly distribution: Ticker Amount of Distribution Ex-Date/Record Date Payable Date NFJ $0.305 September 14, 2026 September 29, 2026 Under the terms of its Managed Distribution Plan, the Fund will seek to maintain a consistent distribution level that may be paid, in part or in full, from net investment income and realized capital gains, or a combination thereof. S.

Virtus Dividend, Interest & Premium Strategy Fund Announces Distribution and Discloses Sources of Distribution – Section 19(a) Notice

Virtus Dividend, Interest & Premium Strategy Fund Announces Commencement of Tender Offer

HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Dividend, Interest & Premium Strategy Fund (NYSE: NFJ) (the “Fund”) today announced the commencement of a tender offer (“Tender Offer”) beginning September 1, 2026, and expiring at 5:00 p.m. (Eastern) on October 5, 2026, unless the Tender Offer is extended (the “Expiration Date”).The Fund, as announced on April 17, 2026, is offering to acquire up to 25% of its outstanding common shares in exchange for cash at a price equal to 99% of the Fund's net ass.

Virtus Dividend, Interest & Premium Strategy Fund Announces Commencement of Tender Offer

NFJ: Income Seekers Might Have A Lot To Like Here

The Virtus Dividend, Interest & Premium Strategy Fund offers an 8.07% yield with a flexible allocation to dividend equities and convertible bonds. NFJ's portfolio is heavily weighted toward financials, energy, and basic materials, providing diversification and less exposure to overvalued tech sectors. The fund's recent outperformance versus the S&P 500 is driven more by valuation expansion than underlying portfolio gains, making the current discount less attractive than historical averages.

NFJ: Income Seekers Might Have A Lot To Like Here

Virtus Dividend, Interest & Premium Strategy Fund Announces Distribution and Discloses Sources of Distribution – Section 19(a) Notice

HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Dividend, Interest & Premium Strategy Fund (NYSE: NFJ) today announced the following quarterly distribution: Ticker Amount of Distribution Ex-Date/Record Date Payable Date NFJ $0.305 June 15, 2026 June 29, 2026 Under the terms of its Managed Distribution Plan, the Fund will seek to maintain a consistent distribution level that may be paid, in part or in full, from net investment income and realized capital gains, or a combination thereof. Shareholder.

Virtus Dividend, Interest & Premium Strategy Fund Announces Distribution and Discloses Sources of Distribution – Section 19(a) Notice

Virtus Closed-End Funds Announce Results of Joint Annual Meeting of Shareholders

HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Artificial Intelligence & Technology Opportunities Fund (NYSE: AIO), Virtus Convertible & Income Fund (NYSE: NCV), Virtus Convertible & Income Fund II (NYSE: NCZ), Virtus Diversified Income & Convertible Fund (NYSE: ACV), Virtus Dividend, Interest & Premium Strategy Fund (NYSE: NFJ), Virtus Equity & Convertible Income Fund (NYSE: NIE), Virtus Global Multi-Sector Income Fund (NYSE: VGI), Virtus Stone Harbor Emerging Markets Income.

Virtus Closed-End Funds Announce Results of Joint Annual Meeting of Shareholders

CEF Market Weekly Review: The Key Factors Driving NII

We review the CEF market valuation and performance through the fourth week of April and highlight recent market action. CEF markets faced renewed risk aversion, with sector discounts widening to historical averages and MLPs and Convertibles led to the upside. Western Asset CEFs' NII remained largely stable; key drivers include short-term rate direction, liability management, and overdistribution.

CEF Market Weekly Review: The Key Factors Driving NII

Saba Capital Reaches Agreement With Virtus Dividend, Interest & Premium Strategy Fund

NEW YORK--(BUSINESS WIRE)--Saba Capital Management, L.P. (together with certain of its affiliates, “Saba”) today announced that it has entered into a standstill agreement with Virtus Investment Advisers, LLC and Virtus Dividend, Interest & Premium Strategy Fund (NYSE: NFJ) (the “Fund”). In connection with the agreement, the Fund will commence a cash self-tender offer to purchase up to 25% of its outstanding common shares. All shareholders will have the opportunity to tender some or all of t.

Saba Capital Reaches Agreement With Virtus Dividend, Interest & Premium Strategy Fund

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