STOCK TITAN

Saba Capital (NFJ) adds 3,509 Virtus Dividend, Interest & Premium shares

Filing Impact
(Neutral)
Filing Sentiment
(Positive)
Form Type
4

Rhea-AI Filing Summary

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.

Positive

  • None.

Negative

  • None.
Insider Saba Capital Management, L.P.
Role 10% Owner
Bought 3,509 shs ($44K)
Type Security Shares Price Value
Purchase Virtus Dividend, Interest & Premium Strategy Fund 3,509 $12.65 $44K
Holdings After Transaction: Virtus Dividend, Interest & Premium Strategy Fund — 10,216,703 shares (Indirect, _)
Footnotes (1)
Shares purchased 3,509 shares Open-market buy on 2026-04-01
Purchase price $12.65 per share Reported transaction price
Shares held after transaction 10,216,703 shares Indirect holdings following purchase
Net buy shares 3,509 shares Net buy direction in transaction summary
open-market purchase financial
"transaction_action": "open-market purchase""
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
ten percent owner regulatory
""is_ten_percent_owner": 1"
indirect ownership financial
""ownership_type": "indirect""
transaction code P regulatory
""transaction_code": "P""
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Saba Capital Management, L.P.

(Last)(First)(Middle)
405 LEXINGTON AVENUE
58TH FLOOR

(Street)
NEW YORK NEW YORK 10174

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Virtus Dividend, Interest & Premium Strategy Fund [ MFJ ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
DirectorX10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/02/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Virtus Dividend, Interest & Premium Strategy Fund04/01/2026P3,509A$12.6510,216,703I_
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
Saba Capital Management L.P. By: David Han04/03/2026
Boaz Weinstein04/03/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Saba Capital report for NFJ?

Saba Capital Management, L.P. reported an open-market purchase of 3,509 shares of Virtus Dividend, Interest & Premium Strategy Fund at $12.65 per share. This filing reflects an increase in its indirect ownership stake in the closed-end fund.

How many NFJ shares does Saba Capital hold after this Form 4?

Following the reported transaction, Saba Capital Management, L.P. indirectly holds 10,216,703 shares of Virtus Dividend, Interest & Premium Strategy Fund. This total includes the newly purchased 3,509 shares disclosed in the Form 4 insider trading report.

Was the NFJ insider transaction a buy or a sell?

The transaction was a buy. Saba Capital Management, L.P. executed an open-market purchase of 3,509 shares, as indicated by transaction code P and the description specifying a purchase in an open market or private transaction.

At what price were the NFJ shares purchased by Saba Capital?

Saba Capital Management, L.P. bought the 3,509 Virtus Dividend, Interest & Premium Strategy Fund shares at a price of $12.65 per share. This per-share price is explicitly reported as the transaction price in the Form 4 filing.

Is Saba Capital a major holder of NFJ shares?

Yes. Saba Capital Management, L.P. is identified as a more than ten percent owner of Virtus Dividend, Interest & Premium Strategy Fund. After this purchase, its indirect position totals 10,216,703 shares according to the Form 4 disclosure.