Virtus Dividend Interest and Premium Strategy Fund (NFJ)

Virtus Dividend, Interest & Premium Strategy Fund Announces Distribution and Discloses Sources of Distribution – Section 19(a) NoticeJune 3, 2026 5:15 PM
Business Wire Virtus Dividend, Interest & Premium Strategy Fund (NYSE: NFJ) today announced the following quarterly distribution: Ticker Amount of Distribution Ex-Date/Record Date Payable Date NFJ $0.305 June 15, 2026 June 29, 2026 Under the terms of its Managed Distribution Plan, the Fund will seek to maintain a consistent distribution level that may be paid, in part or in full, from net investment income and realized capital gains, or a combination thereof. Shareholders should note, however, that if the Fund's aggregate net investment income and net realized capital gains are less than the amount of the distribution level, the difference will be distributed from the Fund's assets and will constitute a return of the shareholder's capital. You should not draw any conclusions about the Fund’s investment performance from the amount of this distribution or from the terms of the Fund’s Managed Distribution Plan. The Fund provides this estimate of the sources of its distribution: Distribution Estimates June 2026 (QTD) Fiscal Year-to-Date (YTD) (1)     (Sources) Per Share Amount Percentage
of Current Distribution Per Share Amount Percentage of Current Distribution Net Investment Income $ 0.007 2.3% $ 0.028 4.5% Net Realized Short-Term Capital Gains $ 0.000 0.0% $ 0.000 0.0% Net Realized Long-Term Capital Gains $ 0.000 0.0% $ 0.000 0.0% Return of Capital (or other Capital Source) $ 0.298 97.7% $ 0.582 95.5% Total Distribution $ 0.305 100.0% $ 0.610 100.0% (1) Fiscal year started February 1, 2026. The Fund estimates that it has distributed more than its income and capital gains; therefore, a portion of your distribution may be a return of capital. A return of capital may occur, for example, when some or all of the money that you invested in the Fund is paid back to you. A return of capital distribution does not necessarily reflect the Fund’s investment performance and should not be confused with ‘yield’ or ‘income’. Information regarding the Fund’s performance and distribution rates is set forth below. Please note that all performance figures are based on the Fund’s net asset value (NAV) and not the market price of the Fund’s shares. Performance figures are not meant to represent individual shareholder performance. May 29, 2026   Average Annual Total Return on NAV for the 5-year period (2) 7.59% Annualized Current Distribution Rate (3) 7.56% Fiscal YTD Cumulative Total Return on NAV (4) 11.29% Fiscal YTD Cumulative Distribution Rate (5) 3.78% (2) Average Annual Total Return on NAV is the annual compound return for the five-year period. It reflects the change in the Fund’s NAV and reinvestment of all distributions. (3) Annualized Current Distribution Rate is the current distribution rate annualized as a percentage of the Fund's NAV at month end. (4) Fiscal YTD Cumulative Total Return on NAV is the percentage change in the Fund's NAV from the first day of the fiscal year to this month end, including distributions paid and assuming reinvestment of those distributions. (5) Fiscal YTD Cumulative Distribution Rate is the dollar value of distributions expected to be paid from the first day of the fiscal year through the next calendar quarter end as a percentage of the Fund's NAV at month end. The amounts and sources of distributions reported in this notice are estimates only and are not being provided for tax reporting purposes. The actual amounts and sources of the distributions for tax purposes will depend on the Fund’s investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The Fund or your broker will send you a Form 1099-DIV for the calendar year that will tell you what distributions to report for federal income tax purposes. About the Fund
Virtus Dividend, Interest & Premium Strategy Fund is a diversified closed-end fund that seeks current income and gains, with long-term capital appreciation as a secondary objective. The Fund generally invests approximately 75% of its total assets in equity securities and approximately 25% in convertible securities. The Fund employs an option strategy of writing (selling) covered call options on equity securities held in the Fund. Virtus Investment Advisers, LLC, a registered investment adviser affiliated with Virtus Investment Partners, Inc., is the investment adviser to the Fund, and NFJ Investment Group and Voya Investment Management are its subadvisers. For more information on the Fund, contact shareholder services at (866) 270-7788, by email at closedendfunds@virtus.com, or through the Closed-End Funds section of virtus.com. Fund Risks
An investment in a fund is subject to risk, including the risk of possible loss of principal. A fund’s shares may be worth less upon their sale than what an investor paid for them. Shares of closed-end funds may trade at a premium or discount to their net asset value. For more information about the Fund’s investment objective and risks, please see the Fund’s annual report. A copy of the Fund’s most recent annual report can be accessed through the Closed-End Funds section of virtus.com and may be obtained free of charge by contacting “Shareholder Services” as set forth at the end of this press release. About Virtus Investment Partners, Inc.
Virtus Investment Partners (NYSE: VRTS) is a distinctive partnership of boutique investment managers singularly committed to the long-term success of individual and institutional investors. We provide investment products and services from our investment managers, each with a distinct investment style and autonomous investment process, as well as select subadvisers. Investment solutions are available across multiple disciplines and product types to meet a wide array of investor needs. Additional information about our firm, investment partners, and strategies is available at virtus.com. View source version on businesswire.com: https://www.businesswire.com/news/home/20260603771868/en/ For Further Information:
Shareholder Services
(866) 270-7788
closedendfunds@virtus.com Original: Virtus Dividend, Interest & Premium Strategy Fund Announces Distribution and Discloses Sources of Distribution – Section 19(a) Notice

Saba Capital Reaches Agreement With Virtus Dividend, Interest & Premium Strategy FundApril 17, 2026 5:10 PM
Business Wire
NFJ to Conduct Cash Self-Tender Offer for 25% of Outstanding Shares at 99% of NAV


Saba Capital Management, L.P. (together with certain of its affiliates, “Saba”) today announced that it has entered into a standstill agreement with Virtus Investment Advisers, LLC and Virtus Dividend, Interest & Premium Strategy Fund (NYSE: NFJ) (the “Fund”).


In connection with the agreement, the Fund will commence a cash self-tender offer to purchase up to 25% of its outstanding common shares. All shareholders will have the opportunity to tender some or all of their common shares at a price equal to 99% of the Fund’s net asset value per share, determined as of market close on the date the tender offer expires. The tender offer is expected to be completed by no later than October 14, 2026.


If greater than 25% of the Fund’s outstanding common shares are properly tendered and not properly withdrawn, then the Fund will purchase common shares tendered and not withdrawn on a prorated basis. If less than 25% of the Fund’s outstanding common shares are properly tendered and not withdrawn, then the Fund will only be obligated to purchase those shares actually tendered.


Pursuant to the terms of the agreement, Saba has withdrawn its previously submitted nomination in connection with the Fund’s 2026 annual meeting of shareholders. The agreement also includes customary standstill provisions and voting commitments.


About Saba Capital


Saba Capital Management, L.P. is a global alternative asset management firm that seeks to deliver superior risk-adjusted returns for a diverse group of clients. Founded in 2009 by Boaz Weinstein, Saba is a pioneer of credit relative value strategies and capital structure arbitrage. Saba has offices in New York City and London. Learn more at www.sabacapital.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260417755473/en/
Longacre Square Partners

Kate Sylvester

ksylvester@longacresquare.com


Original: Saba Capital Reaches Agreement With Virtus Dividend, Interest & Premium Strategy Fund

Virtus Dividend, Interest & Premium Strategy Fund Announces Tender OfferApril 17, 2026 4:58 PM
Business Wire
Virtus Dividend, Interest & Premium Strategy Fund (NYSE: NFJ) (the “Fund”) today announced that its Board of Trustees has approved a tender offer (“Tender Offer”) intended to enhance shareholder value, provide shareholders with an additional source of liquidity for their investment, and provide the potential to reduce the Fund’s trading discount to its net asset value per share (“NAV”). Pursuant to the terms of the Tender Offer, the Fund will offer to purchase for cash up to 25% of the Fund’s outstanding common shares at a price per share equal to 99.0% of the Fund’s NAV determined following the expiration of the Tender Offer. The Tender Offer is expected to commence on or about September 1, 2026.


The Tender Offer is being proposed pursuant to an agreement with Saba Capital Management, L.P. (“Saba”) that will expire after the Fund’s 2028 proxy season. During the effective period of the Agreement, Saba has agreed to certain standstill provisions and voting commitments.


The above statements are not intended to constitute an offer to participate in any tender offer. Additional terms and conditions of the Tender Offer will be included in the Fund’s offering materials, which will be distributed to the Fund’s shareholders and filed with the Securities and Exchange Commission. Shareholders are encouraged to review those materials carefully when they become available.


About the Fund


Virtus Dividend, Interest & Premium Strategy Fund is a diversified closed-end fund that seeks current income and gains, with long-term capital appreciation as a secondary objective. The Fund generally invests approximately 75% of its total assets in equity securities and approximately 25% in convertible securities and employs an option strategy of writing covered call options on a portion of its portfolio. Virtus Investment Advisers, LLC (“VIA”), is the investment adviser to the Fund, and NFJ Investment Group, an affiliate of VIA, and Voya Investment Management are its subadvisers. For more information on the Fund, contact shareholder services at (866) 270-7788, by email at closedendfunds@virtus.com, or through the Closed-End Funds section of virtus.com.


Fund Risks


An investment in a fund is subject to risk, including the risk of possible loss of principal. A fund’s shares may be worth less upon their sale than what an investor paid for them. Shares of closed-end funds may trade at a premium or discount to their net asset value. For more information about the Fund’s investment objective and risks, please see the Fund’s annual report. A copy of the Fund’s most recent annual report can be accessed through the Closed-End Funds section of virtus.com and may be obtained free of charge by contacting “Shareholder Services” as set forth at the end of this press release.


Statements in this press release that are not historical facts are forward-looking statements as defined by the United States securities laws. Forward-looking statements speak only as of the date they are made, and the Fund assumes no duty to and does not undertake to update forward-looking statements. Actual results could differ materially from those anticipated in forward-looking statements, and future results could differ materially from historical performance.


This press release does not constitute a recommendation, an offer to purchase, or an offer to sell or a solicitation to buy, nor shall there be any sale of shares in the Fund in any state or jurisdiction in which such offer or solicitation or sale would be unlawful prior to registration or qualification under the laws of such state or jurisdiction.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260417788658/en/
For Further Information:

Shareholder Services

(866) 270-7788

closedendfunds@virtus.com


Original: Virtus Dividend, Interest & Premium Strategy Fund Announces Tender Offer

Virtus Dividend, Interest & Premium Strategy Fund Announces Renewal of Share Repurchase ProgramMarch 9, 2026 1:03 PM
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 personnel and depending on price and prevailing market and business conditions, purchase shares of the Fund in the open market when the Fund is trading at a discount to its NAV. The Fund’s repurchase activity will be disclosed in the annual and semi-annual reports to shareholders.


There is no assurance that the Fund will repurchase shares at any particular discount levels or in any particular amounts or that the market price of the Fund’s shares, either absolutely or relative to NAV, will increase as a result of share repurchases. Any repurchases made under the Program will be subject to exchange requirements and volume, timing, and other limitations under federal securities laws.


About the Fund


Virtus Dividend, Interest & Premium Strategy Fund is a diversified closed-end fund that seeks current income and gains, with long-term capital appreciation as a secondary objective. The Fund generally invests approximately 75% of its total assets in equity securities and approximately 25% in convertible securities. The Fund employs an option strategy of writing (selling) covered call options on equity securities held in the Fund. Virtus Investment Advisers, LLC, a registered investment adviser affiliated with Virtus Investment Partners, Inc., is the investment adviser to the Fund, and NFJ Investment Group and Voya Investment Management are its subadvisers.


For more information on the Fund, contact shareholder services at (866) 270-7788, by email at closedendfunds@virtus.com, or through the Closed-End Funds section of virtus.com.


Fund Risks


An investment in a fund is subject to risk, including the risk of possible loss of principal. A fund’s shares may be worth less upon their sale than what an investor paid for them. Shares of closed-end funds may trade at a premium or discount to their net asset value. For more information about the Fund’s investment objective and risks, please see the Fund’s annual report. A copy of the Fund’s most recent annual report can be accessed through the Closed-End Funds section of virtus.com and may be obtained free of charge by contacting “Shareholder Services” as set forth at the end of this press release.


About Virtus Investment Partners, Inc.


Virtus Investment Partners (NYSE: VRTS) is a distinctive partnership of boutique investment managers singularly committed to the long-term success of individual and institutional investors. We provide investment products and services from our investment managers, each with a distinct investment style and autonomous investment process, as well as select subadvisers. Investment solutions are available across multiple disciplines and product types to meet a wide array of investor needs. Additional information about our firm, investment partners, and strategies is available at virtus.com.


Statements in this press release that are not historical facts are forward-looking statements as defined by the United States securities laws. Forward-looking statements speak only as of the date they are made, and the Fund assumes no duty to and does not undertake to update forward-looking statements. Actual results could differ materially from those anticipated in forward-looking statements, and future results could differ materially from historical performance.


This press release does not constitute an offer to sell or a solicitation to buy, nor shall there be any sale of shares in the Fund in any state or jurisdiction in which such offer or solicitation or sale would be unlawful prior to registration or qualification under the laws of such state or jurisdiction.




__________________








14,648,362 shares







 

View source version on businesswire.com: https://www.businesswire.com/news/home/20260309715272/en/
For Further Information:

Shareholder Services

(866) 270-7788

closedendfunds@virtus.com


Original: Virtus Dividend, Interest & Premium Strategy Fund Announces Renewal of Share Repurchase Program

Virtus Dividend, Interest & Premium Strategy Fund Announces Distribution and Discloses Sources of Distribution – Section 19(a) NoticeMarch 4, 2026 4:55 PM
Business Wire
Virtus Dividend, Interest & Premium Strategy Fund (NYSE: NFJ) today announced the following quarterly distribution:




Ticker






Amount of Distribution






Ex-Date/Record Date






Payable Date








NFJ






$0.305






March 16, 2026






March 30, 2026







Under the terms of its Managed Distribution Plan, the Fund will seek to maintain a consistent distribution level that may be paid, in part or in full, from net investment income and realized capital gains, or a combination thereof. Shareholders should note, however, that if the Fund's aggregate net investment income and net realized capital gains are less than the amount of the distribution level, the difference will be distributed from the Fund's assets and will constitute a return of the shareholder's capital. You should not draw any conclusions about the Fund’s investment performance from the amount of this distribution or from the terms of the Fund’s Managed Distribution Plan.


The Fund provides this estimate of the sources of its distribution:




Distribution Estimates






March 2026 (QTD)






Fiscal Year-to-Date (YTD) (1)








 




 




(Sources)






Per Share




Amount






Percentage of Current Distribution






Per Share




Amount






Percentage




of Current Distribution








Net Investment Income






$ 0.016






5.1%






$ 0.016






5.1%








Net Realized Short-Term Capital Gains






$ 0.000






0.0%






$ 0.000






0.0%








Net Realized Long-Term Capital Gains






$ 0.000






0.0%






$ 0.000






0.0%








Return of Capital (or other Capital Source)






$ 0.289






94.9%






$ 0.289






94.9%








Total Distribution






$ 0.305






100.0%






$ 0.305






100.0%








(1) Fiscal year started February 1, 2026.







The Fund estimates that it has distributed more than its income and capital gains; therefore, a portion of your distribution may be a return of capital. A return of capital may occur, for example, when some or all of the money that you invested in the Fund is paid back to you. A return of capital distribution does not necessarily reflect the Fund’s investment performance and should not be confused with ‘yield’ or ‘income’.


Information regarding the Fund’s performance and distribution rates is set forth below. Please note that all performance figures are based on the Fund’s net asset value (NAV) and not the market price of the Fund’s shares. Performance figures are not meant to represent individual shareholder performance.




February 27, 2026






 








Average Annual Total Return on NAV for the 5-year period (2)






6.49%








Annualized Current Distribution Rate (3)






8.31%








Fiscal YTD Cumulative Total Return on NAV (4)






-0.94%








Fiscal YTD Cumulative Distribution Rate (5)






2.08%








(2) Average Annual Total Return on NAV is the annual compound return for the five-year period. It reflects the change in the Fund’s NAV and reinvestment of all distributions.








(3) Annualized Current Distribution Rate is the current distribution rate annualized as a percentage of the Fund's NAV at month end.








(4) Fiscal YTD Cumulative Total Return on NAV is the percentage change in the Fund's NAV from the first day of the fiscal year to this month end, including distributions paid and assuming reinvestment of those distributions.








(5) Fiscal YTD Cumulative Distribution Rate is the dollar value of distributions expected to be paid from the first day of the fiscal year through the next calendar quarter end as a percentage of the Fund's NAV at month end.







The amounts and sources of distributions reported in this notice are estimates only and are not being provided for tax reporting purposes. The actual amounts and sources of the distributions for tax purposes will depend on the Fund’s investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The Fund or your broker will send you a Form 1099-DIV for the calendar year that will tell you what distributions to report for federal income tax purposes.


About the Fund


Virtus Dividend, Interest & Premium Strategy Fund is a diversified closed-end fund that seeks current income and gains, with long-term capital appreciation as a secondary objective. The Fund generally invests approximately 75% of its total assets in equity securities and approximately 25% in convertible securities. The Fund employs an option strategy of writing (selling) covered call options on equity securities held in the Fund. Virtus Investment Advisers, LLC, a registered investment adviser affiliated with Virtus Investment Partners, Inc., is the investment adviser to the Fund, and NFJ Investment Group and Voya Investment Management are its subadvisers.


For more information on the Fund, contact shareholder services at (866) 270-7788, by email at closedendfunds@virtus.com, or through the Closed-End Funds section of virtus.com.


Fund Risks


An investment in a fund is subject to risk, including the risk of possible loss of principal. A fund’s shares may be worth less upon their sale than what an investor paid for them. Shares of closed-end funds may trade at a premium or discount to their net asset value. For more information about the Fund’s investment objective and risks, please see the Fund’s annual report. A copy of the Fund’s most recent annual report can be accessed through the Closed-End Funds section of virtus.com and may be obtained free of charge by contacting “Shareholder Services” as set forth at the end of this press release.


About Virtus Investment Partners, Inc.


Virtus Investment Partners (NYSE: VRTS) is a distinctive partnership of boutique investment managers singularly committed to the long-term success of individual and institutional investors. We provide investment products and services from our investment managers, each with a distinct investment style and autonomous investment process, as well as select subadvisers. Investment solutions are available across multiple disciplines and product types to meet a wide array of investor needs. Additional information about our firm, investment partners, and strategies is available at virtus.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260304911387/en/
For Further Information:

Shareholder Services

(866) 270-7788

closedendfunds@virtus.com


Original: Virtus Dividend, Interest & Premium Strategy Fund Announces Distribution and Discloses Sources of Distribution – Section 19(a) Notice