Virtus NFJ: Saba tenders 8.24M shares at $15.92

Q: How many NFJ shares did Saba Capital tender, and at what price?

Saba Capital Management, L.P. reported tendering 8,242,167 shares at $15.92 per share on October 12, 2026, in the issuer’s tender offer.

Q: How many NFJ shares did Saba Capital hold after the tender offer?

Saba Capital Management, L.P. reported 1,974,536 shares following the transaction and less than 10% of the fund’s Common Shares.

The disposition left Saba Capital Management, L.P. with 1,974,536 shares and below the 10% ownership threshold.

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)How Sentiment works

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

How Sentiment works How the balance works

Form Type

Rhea-AI Filing Summary

Virtus Dividend, Interest & Premium Strategy Fund (NFJ) reported that Saba Capital Management, L.P., identified as a ten percent owner, disposed of 8,242,167 shares through shares tendered in the issuer’s tender offer on October 12, 2026, at $15.92 per share. Following the transaction, Saba reported 1,974,536 shares and less than 10% of the fund’s Common Shares.

Insider Trade Summary

Other: 8,242,167 shares

Other 1 txn

Insider Saba Capital Management, L.P.

Role 10% Owner

Type	Security	Shares	Price	Value
Other	Common Stock ^F1	8,242,167	$15.92	$131.22M

Holdings After Transaction: Common Stock — 1,974,536 shares (Indirect, _)

Footnotes (1)

F1. Shares tendered in tender offer by the Issuer.

Key Figures

Shares tendered: 8,242,167 shares Tender offer price: $15.92 per share Shares following transaction: 1,974,536 shares +1 more

4 metrics

Shares tendered 8,242,167 shares October 12, 2026

Tender offer price $15.92 per share October 12, 2026

Shares following transaction 1,974,536 shares After the October 12, 2026 transaction

Ownership of Common Shares after disposition Less than 10% After the October 12, 2026 disposition

Key Terms

tender offer

1 terms

tender offer financial

"Shares tendered in tender offer by the Issuer."

A tender offer is a proposal made by a person or company to buy shares from existing shareholders at a set price, usually higher than the current market value, within a specific time frame. It matters to investors because it can lead to a change in ownership or control of a company, and shareholders must decide whether to sell their shares at the offered price.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

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

Saba Capital Management, L.P. reported tendering 8,242,167 shares at $15.92 per share on October 12, 2026, in the issuer’s tender offer.

How many NFJ shares did Saba Capital hold after the tender offer?

Saba Capital Management, L.P. reported 1,974,536 shares following the transaction and less than 10% of the fund’s Common Shares.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google

Available on EDGAR 10/14/2026 - 04:43 PM EDT Accepted by SEC EDGAR 10/14/2026 - 04:43 PM EDT

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

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)
10/12/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	10/12/2026		J⁽¹⁾		8,242,167	D	$15.92	1,974,536	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Shares tendered in tender offer by the Issuer.

Remarks:

As a result of the disposition of Common Shares on October 12, 2026 the Reporting Person owns less than 10% of Common Shares of the Issuer.

	Saba Capital Management, L.P. By: Maria Piccolino	10/14/2026
	Boaz Weinstein	10/14/2026
	** 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)

Source: View Original Filing on SEC EDGAR