Virtus Dividend, Interest & Premium Strategy Fund

NFJ

Market cap $1.21B

Virtus Dividend, Interest & Premium Strategy Fund offers a high 9.3% yield, blending equities and convertible securities for income and capital preservation. NFJ's option writing strategy supports distributions but limits capital appreciation; most returns come from consistent, high payouts rather than share price growth. Currently trading at a historically low discount to NAV, NFJ may not be attractively valued for new accumulation but maintains a strong earnings track record.

We've got a frankly, bizarre dynamic setting up in stocks right now.

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 12, 2025 September 29, 2025 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.

HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Dividend, Interest & Premium Strategy Fund (NYSE: NFJ) (the “Fund”), a closed-end fund advised by NFJ Investment Group and Voya Investment Management, today announced that Thomas Oliver, CFA, CPA, is no longer a portfolio manager of the Fund. The Fund will continue to be managed by John Mowrey, CFA, executive managing director, chief investment officer, and senior portfolio manager and analyst, Burns McKinney, CFA, managing director and senior portfo.

Virtus Dividend, Interest & Premium Strategy Fund offers a 9.52% yield, outperforming major equity and bond indices, making it attractive for income-focused investors. The fund uses a covered call strategy with a mix of equities and convertibles, aiming for income and lower volatility, ideal for retirees seeking stability. While its yield is above peer median, NFJ lags top peers in total returns and currently trades at a smaller discount than its historical average, suggesting patience may be warranted.

HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Dividend, Interest & Premium Strategy Fund (NYSE: NFJ) previously announced the following quarterly distribution on March 6, 2025: Ticker Amount of Distribution Ex-Date/Record Date Payable Date NFJ $0.305 June 12, 2025 June 27, 2025 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.

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.

The Virtus Dividend, Interest & Premium Strategy Fund offers a high 10.30% yield by investing in dividend-paying stocks, bonds, and writing call options. The fund's unique strategy aims for stable net asset value and income, though it underperformed the S&P 500 recently. The fund's portfolio does not include the Mag-7 or other highly valued tech plays, so it could help a lot with diversification.

Predicting market outcomes is challenging; my recommendations are based on historical data and probabilities rather than certainties. I reviewed my 2025 picks: 67% of Buy ratings and 78% of Hold ratings delivered positive alpha, outperforming many experts. Midstream energy and covered call income funds have shown strong performance, while recent market corrections impacted some picks.

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 12, 2025 June 27, 2025 The Fund previously announced the following quarterly distribution on November 20, 2024: Ticker Amount of Distribution Ex-Date/Record Date Payable Date NFJ $0.305 March 13, 2025 March 28, 2025 Under the terms of its Managed Distribution Plan,.