Saba Capital (NYSE: NFJ) adds Virtus Dividend fund shares

Rhea-AI Filing Summary

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.

Insider Trade Summary

Net Buyer: 30,502 shares ($377,920)

Net Buy 1 txn

Insider Saba Capital Management, L.P.

Role 10% Owner

Bought 30,502 shs ($378K)

Type	Security	Shares	Price	Value
Purchase	Common Stock	30,502	$12.39	$378K

Holdings After Transaction: Common Stock — 10,213,194 shares (Indirect, -)

Footnotes (1)

Key Figures

Shares purchased: 30,502 shares Purchase price: $12.39 per share Shares held after transaction: 10,213,194 shares +1 more

4 metrics

Shares purchased 30,502 shares Open-market purchase of NFJ common stock on March 30, 2026

Purchase price $12.39 per share Price paid for NFJ common stock on March 30, 2026

Shares held after transaction 10,213,194 shares Total NFJ common shares indirectly owned by Saba Capital after the trade

Buy transactions in filing 1 transaction Single open-market purchase reported in this Form 4

Key Terms

open-market purchase, ten percent owner, indirect ownership

3 terms

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 financial

""is_ten_percent_owner": 1"

indirect ownership financial

""ownership_type": "indirect""

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED 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 [ NFJ ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/30/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/30/2026		P		30,502	A	$12.39	10,213,194	I	-

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

	Saba Capital Management, L.P. By: Zachary Gindes	04/01/2026
	Boaz Weinstein	04/01/2026
	** Signature of Reporting Person	Date
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 buying 30,502 NFJ common shares in the open market. The purchase occurred on March 30, 2026 at $12.39 per share and increased its already sizable indirect holdings in Virtus Dividend, Interest & Premium Strategy Fund.

How many NFJ shares did Saba Capital buy and at what price?

Saba Capital bought 30,502 NFJ common shares at $12.39 per share. The transaction was an open-market purchase on March 30, 2026, adding modestly to the fund position reported in this Form 4 filing.

What is Saba Capital’s total NFJ position after this transaction?

After the purchase, Saba Capital reported holding 10,213,194 NFJ common shares. These shares are reported as indirectly owned, reflecting the firm’s status as a ten percent owner of Virtus Dividend, Interest & Premium Strategy Fund.

Is Saba Capital a major holder of Virtus Dividend, Interest & Premium Strategy Fund (NFJ)?

Saba Capital is identified as a ten percent owner of NFJ. The Form 4 shows it holds 10,213,194 common shares indirectly, confirming its status as a significant shareholder in Virtus Dividend, Interest & Premium Strategy Fund.

What type of transaction did Saba Capital use to acquire NFJ shares?

The filing classifies the move as an open-market purchase of common stock. Saba Capital bought 30,502 NFJ shares at $12.39 each on March 30, 2026, rather than receiving them through grants, options, or other derivative exercises.