Saba Capital Management, L.P., a 10% owner of Virtus Dividend, Interest & Premium Strategy Fund (NFJ), acquired 92,048 shares of the fund on March 30, 2026. The transaction, valued at approximately $1.14 million at an average price of $12.35 per share, represents a significant investment by the entity.
This purchase follows a series of considerable buy transactions by Saba Capital Management in NFJ, indicating a sustained interest and confidence in the fund's performance and strategy. Such substantial insider acquisitions are often viewed as a bullish signal by market observers.
The recent buying activity from Saba Capital Management, L.P. in Virtus Dividend, Interest & Premium Strategy Fund suggests a strong conviction in the fund's value proposition. Investors will be monitoring future filings for any continued accumulation or changes in Saba's position.