Insider Purchase by Saba Capital Management, L.P. (10%)
Trade Summary
5 months ago, Saba Capital Management, L.P., serving as 10% owner at Virtus Dividend, Interest & Premium Strategy Fund (NFJ), purchased 94,290 shares at $13.48 per share, for a total transaction value of $1,271,369.00. Following this transaction, Saba Capital Management, L.P. now holds 9,515,293 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 Tuesday, January 27, 2026 and publicly disclosed via SEC Form 4 filing on Thursday, January 29, 2026 at 3:06 PM ET, 2 days 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
$13.48
Quantity
94,290
Total Value
$1,271,369.00
Shares Owned
9,515,293
Trade Date
161 days ago
SEC Filing Date
at 3:06 PM ET
Filed 2 days after trade
Discussion