Virtus Dividend, Interest & Premium Strategy Fund Announces Tender Offer

HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Dividend, Interest & Premium Strategy Fund (NYSE: NFJ) (the “Fund”) today announced that its Board of Trustees has approved a tender offer (“Tender Offer”) intended to enhance shareholder value, provide shareholders with an additional source of liquidity for their investment, and provide the potential to reduce the Fund's trading discount to its net asset value per share (“NAV”). Pursuant to the terms of the Tender Offer, the Fund will offer to purch.

Business Wire • Apr 17, 2026

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.

Business Wire • Apr 17, 2026

NFJ: 9.5% Yield On Covered Calls, Convertibles, And Equities

Virtus Dividend, Interest & Premium Strategy Fund blends equities, covered calls, and convertibles to target high yield with a current 9.58% dividend. NFJ's portfolio is equity-heavy, favoring Financials and Tech, with 22% in investment grade and 72% in unrated securities. Despite outperforming peers in the short term, NFJ's NAV and price lagged over 1-, 3-, 5-, and 10-year periods, and it suffered in rising rate environments.

Seeking Alpha • Apr 3, 2026

Virtus Dividend, Interest & Premium Strategy Fund Announces Renewal of Share Repurchase Program

HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Dividend, Interest & Premium Strategy Fund (NYSE: NFJ) (the “Fund”), a closed-end fund, announced today that the Board of Trustees approved the renewal of its open market share repurchase program (the “Program”) that was initially approved in February 2025. Pursuant to the Fund's repurchase program, the Fund may repurchase up to 5%1 of its outstanding common shares (based on common shares outstanding on March 4, 2026) on the open market at a discount.

Business Wire • Mar 9, 2026

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 March 16, 2026 March 30, 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. Sharehold.

Business Wire • Mar 4, 2026

NFJ: Sacrificing Gains For Yield Could Lead To Underperformance In 2026

The Virtus Dividend, Interest & Premium Strategy Fund (NFJ) offers a 9.41% yield, prioritizing high current income and capital preservation over total return. NFJ's distribution is currently covered by investment profits, with net asset value rising 3.5% since July 2025, outperforming higher-yielding peers on sustainability. The fund trades at a 9.75% discount to NAV, more attractive than peers, though less than its long-term average, making it compelling for income-focused investors.

Seeking Alpha • Jan 5, 2026

NFJ: Tax-Efficient Income Fund That Preserves Capital

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.

Seeking Alpha • Oct 3, 2025

3 High Yield Dividends To Buy As Stocks Hit All-Time Highs

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

Forbes • Sep 16, 2025

Virtus Dividend, Interest & Premium Strategy Fund Announces Portfolio Manager Update

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.

Business Wire • Aug 26, 2025

NFJ: Cheap Relative To Peers, But Now Is Not The Best Time To Buy

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.

Seeking Alpha • Jul 29, 2025