Virtus Dividend, Interest & Premium Strategy Fund Announces Renewal of Share Repurchase Program
Virtus Dividend, Interest & Premium Strategy Fund Common Shares of Beneficial Interest (NFJ)
US:NYSE Investor Relations:
us.allianzgi.com/en-us/ria/our-firm/our-experts/team-detail-pages/nfj-dividend-interest-and-premium-strategy-team
Company Research
Source: Business Wire
HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Dividend, Interest & Premium Strategy Fund (NYSE: NFJ) (the “Fund”), a closed-end fund, announced today that the Board of Trustees approved the renewal of its open market share repurchase program (the “Program”) that was initially approved in February 2025.Pursuant to the Fund’s repurchase program, the Fund may repurchase up to 5%1 of its outstanding common shares (based on common shares outstanding on March 4, 2026) on the open market at a discount to NAV.The Program is intended to enhance shareholder value, as repurchases made at a discount may have the effect of increasing the NAV per share of the Fund's remaining shares. In addition, repurchases of Fund shares may, at times, represent attractive investment opportunities for the Fund. The Fund has previously repurchased 1,834,337 shares for a total cost of $23.4 million under the Program.Pursuant to the Program, the Fund may, from time to time and at the discretion of management personne
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Sec Filings
- 3/18/26 - Form PRRN14A
- 3/10/26 - Form PREC14A
- 3/3/26 - Form SCHEDULE
- NFJ's page on the SEC website