Saba Capital Management, L.P. increased its stake in the Virtus Dividend, Interest & Premium Strategy Fund (NYSE: NFJ) through two purchases totaling 58,171 shares, according to a Form 4 filing with the Securities and Exchange Commission.
The transactions occurred over two consecutive days. On March 24, 2026, Saba Capital acquired 16,685 shares at $12.45 per share. The following day, March 25, 2026, the firm bought an additional 41,486 shares at $12.64 per share. Aggregate consideration for the two trades was $732,111.
Following these purchases, Saba Capital Management, L.P. now holds 10,021,861 shares of the Virtus Dividend, Interest & Premium Strategy Fund. The filing identifies Saba Capital as a ten-percent owner of the fund. The Form 4 provides the transaction-level details - share counts, per-share prices, dates and the resulting total position - without additional commentary from the filer.
This report presents the recorded transaction data as disclosed to the SEC. The filing documents the precise number of shares acquired and the per-share prices for each trade, and it records the firm’s updated holding in the fund.
Transaction details
- March 24, 2026 - 16,685 shares purchased at $12.45 per share.
- March 25, 2026 - 41,486 shares purchased at $12.64 per share.
- Total shares acquired - 58,171. Total value - $732,111.
- Post-transaction holdings for Saba Capital Management, L.P. - 10,021,861 shares.
Context and limits of the filing
The Form 4 filing provides an official record of the two transactions and the updated holding level, but it does not supply motives, forward-looking intent, or commentary from Saba Capital. The disclosure conveys the transactional facts reported to the SEC; it does not offer additional information on strategy, timing beyond the trade dates, or any planned future activity.
Readers should note that the filing itself is a snapshot of ownership and recent trades and does not include any further explanation from the reporting party.