Saba Capital Management (NYSE: NFJ) adds to indirect stake with share purchase

Rhea-AI Filing Summary

Saba Capital Management, L.P., a 10% owner of Virtus Dividend, Interest & Premium Strategy Fund, reported an open-market purchase of common stock. On 02/12/2026 it bought 17,176 shares at $13.76 per share, held indirectly. After this trade, it beneficially owned 9,868,869 shares of NFJ common stock.

Insider Trade Summary

Net Buyer: 17,176 shares ($236,342)

Net Buy 1 txn

Insider Saba Capital Management, L.P.

Role 10% Owner

Bought 17,176 shs ($236K)

Type	Security	Shares	Price	Value
Purchase	Common Stock	17,176	$13.76	$236K

Holdings After Transaction: Common Stock — 9,868,869 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)
02/12/2026

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	02/12/2026		P		17,176	A	$13.76	9,868,869	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	02/17/2026
	Boaz Weinstein	02/17/2026
	** 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 disclose by Saba Capital Management, L.P.?

Saba Capital Management, L.P. reported buying NFJ shares. It executed an open-market purchase of 17,176 shares of Virtus Dividend, Interest & Premium Strategy Fund common stock on February 12, 2026, at a price of $13.76 per share.

How many NFJ shares does Saba Capital Management, L.P. own after this Form 4?

After the reported trade, Saba Capital beneficially owns 9,868,869 NFJ shares. These shares are reported as indirectly owned, reflecting Saba Capital’s position as a significant, over-10% owner of Virtus Dividend, Interest & Premium Strategy Fund.

Was the NFJ insider transaction a purchase or sale of shares?

The transaction was a purchase of NFJ shares. The Form 4 lists transaction code “P,” described as an open-market or private transaction purchase of 17,176 common shares of Virtus Dividend, Interest & Premium Strategy Fund at $13.76 per share.

What does indirect ownership mean for Saba Capital’s NFJ holdings?

The NFJ shares are reported as indirectly owned. The Form 4 marks ownership as indirect (code “I”), indicating Saba Capital’s beneficial interest is held through another entity or structure rather than directly in its own name.

Why is Saba Capital Management, L.P. considered a 10% owner of NFJ?

Saba Capital is identified as a 10% owner in the filing. The Form 4 checkboxes show Saba Capital Management, L.P. as a ten percent owner of Virtus Dividend, Interest & Premium Strategy Fund, reflecting its significant beneficial stake in NFJ common stock.