Saba Capital Management and affiliates filed an amended Schedule 13D on Virtus Dividend, Interest and Premium Strategy Fund, reporting beneficial ownership of 10,216,703 common shares, or 10.99% of the outstanding class. The group and the fund entered a standstill agreement under which the fund agreed to commence a cash tender offer to repurchase 25% of its outstanding common shares at a price equal to 99% of net asset value per share. The standstill runs through the earlier of the conclusion of the 2028 annual shareholder meeting or July 15, 2028, the date the fund does not conduct or discontinues the tender offer, or October 21, 2026 if the tender offer payment date has not occurred. In connection with this agreement, Saba withdrew its notice of intent to nominate an independent trustee at the 2026 annual meeting.
Virtus Dividend, Interest & Premium Strategy Fund announced its Board approved a tender offer to buy for cash up to 25% of the Fund's outstanding common shares at a price equal to 99.0% of the Fund's net asset value per share (NAV). The Tender Offer is expected to commence on or about September 1, 2026 and is proposed under an agreement with Saba Capital Management, L.P. that expires after the Fund's 2028 proxy season; that agreement includes standstill provisions and voting commitments. Offering materials and formal tender documents will be distributed to shareholders and filed with the SEC.
NFJ submitted a Form N-CEN annual report template that lists operational, governance and service‑provider fields for the reporting period.
The report discloses aggregate brokerage commissions of $966,302 and itemized gross commissions to ten brokers (examples include $200,722, $161,799, $132,099,702 listed as a principal counterparty transaction value). Many template fields (CIK, fund name, addresses, officer names) are left as placeholders.
Virtus Dividend, Interest & Premium Strategy Fund (NFJ) filed its annual Form N-CSR reporting for the fiscal year ended January 31, 2026. The report reviews portfolio performance, distributions under a Managed Distribution Plan (quarterly rate $0.305 per share), a prior share repurchase program, and detailed holdings, exposures, and risks. For the 12 months ended January 31, 2026, NFJ's NAV returned 12.11% and market price returned 13.65%. The filing includes manager commentaries for NFJ and four related closed-end funds, schedules of investments, leverage disclosures, and key investment definitions.
Saba Capital Management, L.P., a more than ten percent owner of Virtus Dividend, Interest & Premium Strategy Fund, reported an open-market purchase of 3,509 fund shares at $12.65 per share. After this transaction, it indirectly holds a total of 10,216,703 shares of the fund.
Saba Capital Management, L.P., a ten percent owner of Virtus Dividend, Interest & Premium Strategy Fund (NFJ), reported an open-market purchase of common stock. It bought 30,502 shares on March 30, 2026 at $12.39 per share, held indirectly. After this transaction, Saba Capital reported owning 10,213,194 shares of the fund’s common stock in total, indicating this was a relatively small addition to an already large position.
Saba Capital Management, L.P., a ten percent owner of Virtus Dividend, Interest & Premium Strategy Fund, reported two open-market purchases of common stock. On March 27, 2026, it bought 92,048 shares at $12.35 per share, and on March 26, 2026, it bought 68,783 shares at $12.52 per share. After these indirect purchases, Saba Capital’s reported holdings increased to 10,182,692 common shares.
Saba Capital Management, L.P., a more than 10% holder of Virtus Dividend, Interest & Premium Strategy Fund (NFJ), reported open-market purchases of the fund’s common stock. On March 24, it bought 16,685 shares at $12.45 per share, and on March 25, it bought 41,486 shares at $12.64 per share. These indirect purchases total 58,171 shares, bringing Saba’s reported position to 10,021,861 common shares following the most recent transaction.
Saba Capital Management, L.P., a greater-than-10% owner of Virtus Dividend, Interest & Premium Strategy Fund, bought additional Common Stock in an open-market transaction. It acquired 66,031 shares at $12.52 per share and now indirectly holds 9,963,690 shares in total, indicating a routine increase in its position.
Saba Capital Management, L.P., a more than ten percent owner of Virtus Dividend, Interest & Premium Strategy Fund, bought additional common shares in the market. On March 19, 2026, it made an open‑market purchase of 28,190 shares at an average price of $12.41 per share, increasing its indirect holdings to 9,897,659 common shares. This filing shows a net increase in Saba Capital’s stake, with no derivative positions reported in this transaction.