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Virtus Dividend, Interest & Premium Strategy Fund Stock: price and insider trades · United States
1 insider bought €4,694 of shares over the last 90 days, the latest filed 24 Aug 2026.
Virtus Dividend, Interest & Premium Strategy Fund: what insiders have been doing
Every trade that managers of Virtus Dividend, Interest & Premium Strategy Fund disclose to SEC (Form 4) is tracked on this page. The company sits in the Finance & Banking sector. In the past year (18 October 2025 to 18 October 2026), 16 filings came from 2 insiders.
No insider sold shares on the market over the period. Instead, the filings list 15 purchases totalling €5.8M, made by 2 insiders. Unlike grants, an open-market purchase is paid for by the insider, at the market price. Among those who bought: 1 major shareholder and 1 senior executive. Saba Capital Management, L.P. filed the largest purchase, €1.4M, on 5 February 2026.
With 16 filings in twelve months, the company is quieter than the median of 19 filings across the 5,812 companies we follow on the same exchange. Over the whole record (from 2021), the tally stands at 21 purchases and no sales.
The last insider purchase was made public on 24 August 2026, 54 days ago. Between a trade and the moment it shows up on SEC (Form 4), the median delay is 2 days. The legal deadline for a Form 4 is two business days after the transaction.
Elsewhere in the same sector, our signals recently picked up insider purchases at Redwood Trust Inc and First Guaranty Bancshares, Inc. Source: insider filings from SEC (Form 4). Past trades are no guide to future returns.
Insider Decl.
22
Thresholds
n/a
Buy Volume
€6M
21 ops. · all time
Sell Volume
n/a
n/a
Who traded when
BuySaleSaba Capital Management, L.P.14 buys
Connie D. Mcdaniel2 buys
Since the insiders bought
- -3.6%Entry US$15.64 · Close 13 Oct 2026 US$15.08
- +19.4%Entry US$12.74 · Close at T+90 US$15.21
- -20.1%Entry US$14.49 · Close at T+365 US$11.58
Entry is the close on the day after publication, the first price a reader could act on. Prices in the listing currency. Past moves are not a forecast.
This score ranks the purchase within its own market. A position size is suggested only on the venues of the backtested strategy universe; elsewhere, signals stay on watch. Not investment advice.
Financial data
as of FY 2026FY ended January 2026 · cache
US$15.08
Analyst consensus
Income statement
RevenueUS$149.7M
Net incomeUS$148.9M1385.2% margin
Valuation
PER (trailing)4.2x
P/Book0.9x
Beta1.10
Profitability & ownership
ROE23.5%
ROA0.4%
% insiders0.0%
% institutions41.0%
Last declaration on 14 October 2026
Declarations22 total
8,242,167 shares@ US$15.92Common StockSEC:0001510281-26-000346:0
350 shares@ US$15.670.0004% mcap51.0% of flowCommon StockSEC:0001101225-26-000012:0
Canonical exit: 18 Nov 2026 (T+90)
3,509 shares@ US$12.650.7% of flowVirtus Dividend, Interest & Premium Strategy FundSEC:0001510281-26-000144:0
Canonical exit: 30 Jun 2026 (T+90)
30,502 shares@ US$12.395.7% of flowCommon StockSEC:0001510281-26-000140:0
Canonical exit: 28 Jun 2026 (T+90)
68,783 shares@ US$12.5213.0% of flowCommon StockSEC:0001510281-26-000133:0
Canonical exit: 24 Jun 2026 (T+90)
16,685 shares@ US$12.453.1% of flowCommon StockSEC:0001510281-26-000132:0
Canonical exit: 22 Jun 2026 (T+90)
66,031 shares@ US$12.5212.4% of flowCommon StockSEC:0001510281-26-000129:0
Canonical exit: 21 Jun 2026 (T+90)
28,190 shares@ US$12.415.3% of flowCommon StockSEC:0001510281-26-000124:0
Canonical exit: 17 Jun 2026 (T+90)
600 shares@ US$13.850.1% of flowCommon StockSEC:0001510281-26-000095:0
Canonical exit: 19 May 2026 (T+90)
17,176 shares@ US$13.763.5% of flowCommon StockSEC:0001510281-26-000090:0
Canonical exit: 13 May 2026 (T+90)
5,300 shares@ US$13.581.1% of flowCommon StockSEC:0001510281-26-000078:0
Canonical exit: 10 May 2026 (T+90)
48,927 shares@ US$13.349.6% of flowCommon StockSEC:0001510281-26-000072:0
Canonical exit: 6 May 2026 (T+90)
123,765 shares@ US$13.5124.6% of flowCommon StockSEC:0001510281-26-000065:0
Canonical exit: 4 May 2026 (T+90)
6,773 shares@ US$13.501.3% of flowCommon StockSEC:0001510281-26-000060:0
Canonical exit: 3 May 2026 (T+90)
48,073 shares@ US$13.449.4% of flowCommon StockSEC:0001510281-26-000055:0
Canonical exit: 29 Apr 2026 (T+90)
51,528 shares@ US$13.4710.2% of flowCommon StockSEC:0001510281-26-000049:0
Canonical exit: 27 Apr 2026 (T+90)
427 shares@ US$12.14549.0% of flowCommon StockSEC:0000883237-25-000092:0
Canonical exit: 15 Sept 2025 (T+90)
1,243.863 shares@ US$12.0592100.0% of flowCommon StockSEC:0000883237-23-000111:0
Canonical exit: 26 Sept 2023 (T+90)
850 shares@ US$14.3076100.0% of flowCommon StockSEC:0000883237-22-000113:0
Canonical exit: 26 Jun 2022 (T+90)
354 shares@ US$14.12100.0% of flowCommon StockSEC:0000883237-22-000071:0
Canonical exit: 1 Jun 2022 (T+90)
6,455 shares@ US$15.491100.0% of flowCommon StockSEC:0000883237-21-000263:0
Canonical exit: 21 Mar 2022 (T+90)
6,207 shares@ US$14.755100.0% of flowCommon StockSEC:0000883237-21-000235:0
Canonical exit: 30 Dec 2021 (T+90)
22 of 22 declarations
About Virtus Dividend, Interest & Premium Strategy Fund
Virtus Dividend, Interest & Premium Strategy Fund (NYSE: NFJ) is a U.S.-listed closed-end fund traded on the NYSE in the United States. It belongs to the income-oriented platform of Virtus Investment Partners and is managed through a combination of Virtus Investment Advisers, NFJ Investment Group, and Voya Investment Management. The fund’s stated objective is to deliver current income and gains, with long-term capital appreciation as a secondary objective. For investors, NFJ should therefore be viewed as an income and distribution vehicle rather than an operating company in the traditional industrial sense.
The fund’s roots date back to the NFJ franchise, which became part of Virtus through the strategic partnership with Allianz Global Investors completed in 2021. NFJ previously operated under the AllianzGI NFJ brand before adopting its current Virtus name. Its operating base is in Hartford, Connecticut, reflecting Virtus’s U.S. asset-management hub. As with many listed closed-end funds, NFJ regularly communicates distribution updates, portfolio management changes, and shareholder actions, which are important for understanding its earnings power and market positioning.
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From an investment perspective, NFJ is differentiated by its active multi-asset income strategy. The portfolio is designed to capture dividends, interest income, and option/premium-related returns where appropriate, while maintaining diversification and a focus on total return. That makes the fund relevant for investors seeking a high-income profile, but it also means the shares can be sensitive to market conditions, portfolio composition, and the relationship between trading price and net asset value (NAV). In other words, market price behavior may matter as much as underlying asset performance for shareholder returns.
NFJ’s competitive position is anchored in three factors: Virtus’s broader distribution and asset-management platform, specialized subadviser expertise, and the flexibility of a closed-end fund structure. Because the fund is listed and does not have daily creations and redemptions like an ETF, it can trade at a premium or discount to NAV. This structural feature is central to the investment case and makes capital-allocation actions especially important. In that context, the fund has recently used shareholder-friendly measures to support value. In 2025 it launched an open-market share repurchase program, and in March 2026 it renewed that program. In April 2026, the board also approved a tender offer intended to enhance shareholder value and improve liquidity, signaling an active response to the discount issue.
Recent operating news has also included a portfolio manager update in August 2025, when Thomas Oliver stepped away from the fund, while the stated investment process remained unchanged. The fund has continued to announce quarterly distributions and disclose the composition of those payouts, which is particularly relevant for income-focused investors. Overall, NFJ is a NYSE-listed U.S. closed-end income fund with a long-running legacy in dividend and premium-oriented strategies, currently emphasizing distribution stability, market discount management, and active shareholder-return initiatives.
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