Virtus Dividend, Interest & Premium Strategy Fund seeks current income and gains, with long-term capital appreciation as a secondary objective. The Fund will generally invest approximately 75% of its total assets in equity securities and approximately 25% in convertible securities. The Fund will employ an option strategy of writing (selling) covered call options on equity securities held in the Fund.
The equity portion of the Fund generally invests in U.S. equities and American depositary receipts (ADRs) with attractive quality characteristics, shareholder yield, and consistent financial output.
The convertible portion of the Fund generally invests in income-producing convertible securities, including synthetic convertible securities, and may include convertible securities that are of below-investment grade quality.
The option portion of the Fund is designed to generate gains from option premiums in an attempt to enhance amounts available for distributions payable to the Fund's shareholders.
Company profile
Ticker
NFJ
Exchange
CEO
Thomas Fuccillo
Employees
Incorporated
Location
Industry (SIC)
Former names
AllianzGI DIVIDEND, INTEREST & PREMIUM STRATEGY FUND, AllianzGI NFJ DIVIDEND, INTEREST & PREMIUM STRATEGY FUND, NFJ DIVIDEND, INTEREST & PREMIUM STRATEGY FUND, NFJ RCM GLOBAL DIVIDEND INCOME FUND, PAFM/NFJ DIVIDEND & EQUITY INCOME FUND, PIMCO NFJ DIVIDEND INCOME FUND
SEC CIK
NFJ stock data
Latest filings (excl ownership)
N-CEN
Annual report (registered investment company)
12 Apr 24
DEF 14A
Definitive proxy
9 Apr 24
N-CSR
Certified annual shareholder report (management investment company)
5 Apr 24
N-CSRS
Certified semi-annual shareholder report (management investment company)
5 Oct 23
N-PX
Annual report of proxy voting record
23 Aug 23
N-CEN
Annual report (registered investment company)
17 Apr 23
DEF 14A
Definitive proxy
11 Apr 23
N-CSR
Certified annual shareholder report (management investment company)
5 Apr 23
N-CSRS
Certified semi-annual shareholder report (management investment company)
11 Oct 22
DEFA14A
Additional proxy soliciting materials
9 Sep 22
Latest ownership filings
NPORT-P
Virtus Dividend, Interest & Premium Strategy Fund (Jan 2024 report)
21 Mar 24
SC 13G/A
MORGAN STANLEY
9 Feb 24
3
Matthew Toms
18 Jan 24
NPORT-P
Virtus Dividend, Interest & Premium Strategy Fund (Oct 2023 report)
28 Dec 23
NPORT-P
Virtus Dividend, Interest & Premium Strategy Fund (Jul 2023 report)
26 Sep 23
4
DONALD C BURKE
30 Jun 23
NPORT-P
Virtus Dividend, Interest & Premium Strategy Fund (Apr 2023 report)
27 Jun 23
3
CONNIE D MCDANIEL
31 May 23
3
R KEITH WALTON
31 May 23
3
DONALD C BURKE
30 May 23
Funds
Series | Ticker | %Monthly Return ? | $Assets | #Holdings | As of | ||
---|---|---|---|---|---|---|---|
Virtus Dividend, Interest & Premium Strategy Fund | – | 8.96 | 7.41 | -2.87 | 1.35 bn | 232 | Jan 2024 |
Institutional ownership, Q3 2023
40.2% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 130 |
Opened positions | 17 |
Closed positions | 8 |
Increased positions | 40 |
Reduced positions | 43 |
13F shares | Current |
---|---|
Total value | 427.21 bn |
Total shares | 38.07 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
MS Morgan Stanley | 10.51 mm | $119.04 bn |
BAC Bank Of America | 3.75 mm | $42.48 bn |
Allspring Global Investments | 3.00 mm | $33.98 bn |
Karpus Management | 2.75 mm | $31.17 bn |
Saba Capital Management | 2.39 mm | $27.04 bn |
Advisors Asset Management | 1.68 mm | $19.06 bn |
Relative Value Partners | 1.52 mm | $17.17 bn |
IVZ Invesco | 1.20 mm | $13.56 bn |
1607 Capital Partners | 1.17 mm | $13.30 bn |
Guggenheim Capital | 1.04 mm | $11.75 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
28 Jun 23 | Burke Donald C | Common Stock | Buy | Acquire P | No | No | 12.0592 | 1,243.863 | 15.00 k | 1,243.863 |