Insider Purchase by Saba Capital Management, L.P. (10%)
Trade Summary
3 months ago, Saba Capital Management, L.P., serving as 10% owner at Virtus Dividend, Interest & Premium Strategy Fund (NFJ), purchased 66,031 shares at $12.52 per share, for a total transaction value of $826,708.00. Following this transaction, Saba Capital Management, L.P. now holds 9,963,690 shares of NFJ.
This purchase represents a 1.00% increase in Saba Capital Management, L.P.'s stake in the company. This is considered a medium-conviction trade.
The trade was executed on Monday, March 23, 2026 and publicly disclosed via SEC Form 4 filing on Tuesday, March 24, 2026 at 4:04 PM ET, 1 day after the trade was made.
Virtus Dividend, Interest & Premium Strategy Fund operates in the FINANCIAL SERVICES sector, specifically within the ASSET MANAGEMENT industry. Insider buying activity in this sector can provide valuable signals about industry trends and company-specific developments.
Trade Price
$12.52
Quantity
66,031
Total Value
$826,708.00
Shares Owned
9,963,690
Trade Date
94 days ago
SEC Filing Date
at 4:04 PM ET
Filed 1 day after trade
Discussion