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NFJ Virtus Dividend, Interest & Premium Strategy Fund Insider Trading

Latest: Insider Bought $2.0M of Shares · Mar 2026
15 filings analyzed · Latest 2026-04-03
Insider buys
15
Insider sells
0
Unique insiders
2
Direction
Net buying
April 2026
2026-04-03
low
Saba Capital Management, L.P. Buy
3,509 shares
$44,389
@ $12.65
Significance 2/10

Saba Capital bought 3,509 shares of MFJ at $12.65 on 2026-04-01 for $44,388.85

Saba Capital Management, L.P., a 10% owner of Virtus Dividend, Interest & Premium Strategy Fund (MFJ), purchased 3,509 shares at $12.65 on 2026-04-01, increasing its holdings from 10,213,194 to 10,216,703 shares. This represents a minimal incremental addition of less than 0.1% to the owner's position. Saba's track record shows 14 prior open-market buys against 6 prior sells across all tickers, indicating a net acquisition bias, though this particular purchase is small in absolute and relative terms and provides limited signal about confidence in MFJ specifically.

2026-04-01
low
Saba Capital Management, L.P. Buy
30,502 shares
$377,920
@ $12.39
Significance 3/10

Saba Capital bought 30,502 shares of NFJ at $12.39 on 2026-03-30, extending buying streak to 4 consecutive days.

Saba Capital Management purchased 30,502 shares at $12.39 on 2026-03-30, representing a 0.3% addition to a 10.21M share position. This transaction is part of a concentrated buying sequence at this ticker: four separate buys over four consecutive trading days (2026-03-24 through 2026-03-30). The current price of $12.86 is -7.1% from the 52-week high and -4.7% over the past 30 days. Across Saba's broader open-market history, the insider has completed 15 prior buys versus 5 prior sells, demonstrating a net accumulation bias, though outcomes on the four recent NFJ purchases remain immeasurable at this time.

March 2026
2026-03-30
medium
Saba Capital Management, L.P. Buy
160,831 shares
$1,997,956
@ $12.42
Significance 5/10

Saba Capital purchases 160,831 NFJ shares across 2 transactions at blended $12.42, holding 10,182,692 post-transaction

Saba Capital Management, a 10% owner of Virtus Dividend, Interest & Premium Strategy Fund, executed two separate open-market purchases on 2026-03-26 and 2026-03-27, totaling 160,831 shares for $1,997,955.96 at a blended average price of $12.42. The current price stands at $12.40, near the transaction average and down 10.4% from the 52-week high of $13.84. This net addition of 160,831 shares (+1.6% increase to the 10,021,861 pre-transaction baseline) extends a pattern of accumulation at this ticker: all 5 prior trades at NFJ within the measurable window were buys occurring on 2026-03-19, 2026-03-23, 2026-03-24, 2026-03-25, and 2026-03-30. Across the insider's broader cross-ticker history, 17 prior open-market buys outnumber 3 prior sells, establishing a consistent buy bias. While the recent 30-day and 90-day price performance data remains unavailable for outcome measurement, the insider continues to accumulate shares in a closed-end fund trading modestly below recent highs.

2026-03-26
low
Saba Capital Management, L.P. Buy
58,171 shares
$732,111
@ $12.59
Significance 4/10

Saba Capital (10% owner) bought 58,171 shares for $732,111.29 at NFJ over 2 days; fund down 8.8% in 30 days.

Saba Capital Management executed two separate purchases totaling 58,171 shares for $732,111.29 at a blended average price of $12.59 on March 24–25, 2026. The timing coincides with recent price weakness: NFJ is down 8.8% over the prior 30 days and 9.9% from its 52-week high of $13.84. As a 10% holder, Saba added 0.6% to its position (from 9.96M to 10.02M shares), a modest incremental increase. Prior same-ticker transactions at NFJ on March 19, 23, and 26 remain too recent to assess outcomes. Without prior measurable results at this ticker or details on scheduled vs. discretionary timing, the trade reflects accumulated buying activity during a marked pullback in the fund's price.

2026-03-24
low
Saba Capital Management, L.P. Buy
66,031 shares
$826,708
@ $12.52
Significance 4/10

Saba Capital purchases 66,031 NFJ shares at $12.52 on 2026-03-23; stock now -10.2% from 52-week high.

Saba Capital Management increased its stake in Virtus Dividend, Interest & Premium Strategy Fund by 66,031 shares at $12.52, bringing total holdings to 9,963,690 shares. The fund share price has declined 10.2% from its 52-week high of $13.84 and has fallen 9.8% over the past 30 days. While Saba's cross-ticker track record shows 15 prior buys and 5 prior sells, the timing track record provides no evidence of well-timed purchases: prior buys have failed to demonstrate positive 90-day returns. At the ticker-specific level, Saba made two additional NFJ purchases on 2026-03-19 and 2026-03-24, but neither has yet accumulated sufficient time to assess outcome, and the current price of $12.43 sits below the transaction price of $12.52.

2026-03-23
low
Saba Capital Management, L.P. Buy
28,190 shares
$349,838
@ $12.41
Significance 3/10

Saba Capital buys 28.2K shares of NFJ at $12.41; holds 9.90M shares post-buy

Saba Capital Management, L.P., a 10% owner, purchased 28,190 shares at $12.41 on 2026-03-19, increasing holdings by 0.3% to 9.90M shares. The timing is moderately negative: the stock closed at $12.50 (today) and has declined 9.7% from its 52-week high of $13.84, with a 30-day loss of 9.3%, suggesting the purchase occurred during recent weakness in NFJ. Across Saba's cross-ticker open-market history, the insider has executed 14 prior buys and 6 prior sells; however, with no same-ticker prior buys with measurable 90-day outcomes at NFJ, this transaction provides no local track record evidence of timing accuracy at this security. The modest share addition and recent price decline merit routine investor review rather than urgent attention.

February 2026
2026-02-19
low
Saba Capital Management, L.P. Buy
600 shares
$8,310
@ $13.85
Significance 3/10

Saba Capital adds 600 shares of NFJ at $13.85; minimal position increase to 9,869,469 shares (9.87M).

Saba Capital Management, a 10% owner of Virtus Dividend, Interest & Premium Strategy Fund (NFJ), purchased 600 shares at $13.85 on 2026-02-18, bringing total holdings to 9,869,469 shares. This represents a net change of 600 shares (+0.0% vs pre-transaction holdings)—a negligible increase relative to the firm's existing 9.87M-share position. The purchase price of $13.85 sits near the 52-week high of $13.84 and is 0.6% below the peak, while the fund has appreciated 9.8% over 90 days and 4.6% over 30 days. Saba's trade history shows balanced activity across open-market transactions (10 prior buys, 10 prior sells across all tickers), with no measurable outcomes yet for the two prior purchases at NFJ on 2026-02-10 and 2026-02-12. The minimal share addition and lack of material position concentration suggest routine portfolio maintenance rather than a directional conviction signal.

2026-02-17
low
Saba Capital Management, L.P. Buy
17,176 shares
$236,342
@ $13.76
Significance 4/10

Saba Capital purchased 17,176 shares of NFJ at $13.76 on 2026-02-12, building on two consecutive buys within 3 days.

Saba Capital Management, a 10% owner of Virtus Dividend, Interest & Premium Strategy Fund (NFJ), bought 17,176 shares at $13.76, adding to purchases made on 2026-02-09 and 2026-02-10. The three-day buying sequence resulted in a net addition of 17,176 shares to holdings of 9.87M shares. The transaction price of $13.76 represents recent trading activity near the current price of $13.80 and the 52-week high of $13.80, with the fund up 3.8% over the prior 30 days and 9.9% over 90 days. With 11 prior cross-ticker buys and 9 prior cross-ticker sells in the insider's history, and no prior measurable outcomes yet available for the same-ticker purchases, this activity reflects recent accumulation at elevated price levels during a period of positive fund performance.

2026-02-11
low
Saba Capital Management, L.P. Buy
56,654 shares
$775,524
@ $13.69
Significance 4/10

Saba Capital (10% owner) purchased 56,654 shares of NFJ at blended avg $13.69 in 2 transactions on 2026-02-09/10 ($775,523.80 total)

Saba Capital Management executed 2 separate purchases totaling 56,654 shares for $775,523.80, increasing holdings by 0.6% to 9,851,693 shares. The blended average price of $13.69 aligns closely with the current price of $13.68, and trades occurred near the 52-week high of $13.69 (+2.5% over 30 days, +6.1% over 90 days). While this represents discretionary open-market buying activity by a 10% owner, the timing near peak prices and modest position increase offer limited signal regarding conviction or valuation assessment. Prior same-ticker trades at NFJ (on 2026-02-04 and 2026-02-05) remain too recent for outcome measurement.

2026-02-09
low
Saba Capital Management, L.P. Buy
48,927 shares
$652,686
@ $13.34
Significance 3/10

Saba Capital bought 48,927 NFJ shares at $13.34 on 2026-02-05, raising stake to 9.80M shares.

Saba Capital Management, a 10% owner of Virtus Dividend, Interest & Premium Strategy Fund (NFJ), purchased 48,927 shares at $13.34 for $652,686.18, expanding its position from 9.75M to 9.80M shares. The purchase occurred near the 52-week high of $13.62, with the stock up 2.0% over the prior 30 days and 3.9% over 90 days. Across Saba's full trading history, 13 prior open-market buys against 7 sells show a net buying orientation; however, the prior three trades at NFJ remain too recent to measure outcome at 90-day intervals. The modest +0.5% increase in holdings relative to pre-transaction levels represents routine portfolio activity for a large stakeholder.

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