Saba Capital boosts Virtus NFJ stake to 9,795,039 shares (NYSE: NFJ)

Rhea-AI Filing Summary

Saba Capital Management, L.P., a 10% owner of Virtus Dividend, Interest & Premium Strategy Fund (NFJ), reported buying additional common shares. On 02/05/2026, it purchased 48,927 shares at $13.34 per share in an indirect transaction, bringing its beneficial ownership to 9,795,039 common shares.

Insider Trade Summary

Net Buyer: 48,927 shares ($652,686)

Net Buy 1 txn

Insider Saba Capital Management, L.P.

Role 10% Owner

Bought 48,927 shs ($653K)

Type	Security	Shares	Price	Value
Purchase	Common Stock	48,927	$13.34	$653K

Holdings After Transaction: Common Stock — 9,795,039 shares (Indirect, -)

Footnotes (1)

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 NY 10174

(City) (State) (Zip)

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)

3. Date of Earliest Transaction (Month/Day/Year)
02/05/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

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

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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	02/05/2026		P		48,927	A	$13.34	9,795,039	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	02/09/2026
	Boaz Weinstein	02/09/2026
	** 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.

FAQ

What insider transaction did NFJ report on February 5, 2026?

NFJ reported that 10% owner Saba Capital Management, L.P. purchased 48,927 shares of common stock on February 5, 2026 at $13.34 per share. This transaction was reported as an indirect acquisition on a Form 4 insider trading report.

Who is the reporting person in the latest NFJ Form 4 filing?

The reporting person is Saba Capital Management, L.P., listed as a 10% owner of Virtus Dividend, Interest & Premium Strategy Fund (NFJ). It filed a Form 4 detailing an indirect purchase of common shares, rather than a transaction by an individual executive or director.

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

Saba Capital Management, L.P. bought 48,927 NFJ common shares at a price of $13.34 per share. This single purchase on February 5, 2026 increased its indirectly held stake as disclosed in the Form 4 filing with the Securities and Exchange Commission.

What is Saba Capital’s NFJ share ownership after this transaction?

After the February 5, 2026 purchase, Saba Capital Management, L.P. beneficially owned 9,795,039 NFJ common shares. The Form 4 shows this position as held indirectly, reflecting its status as a significant 10% owner of the Virtus Dividend, Interest & Premium Strategy Fund.

Is the NFJ insider transaction a purchase or a sale?

The NFJ insider transaction is a purchase. The Form 4 lists transaction code “P” for the February 5, 2026 activity, meaning Saba Capital Management, L.P. acquired 48,927 common shares rather than selling or disposing of existing holdings in the fund.

Does the NFJ Form 4 involve derivative securities or only common stock?

The NFJ Form 4 discloses activity only in common stock. Table I shows the purchase of 48,927 common shares by Saba Capital Management, L.P., while Table II, which would list options or other derivatives, contains no derivative security transactions for this reporting period.