Dividend Information About Virtus Dividend, Interest & Premium Strategy Fund: Everything You Need To Know Before Its Exdividend Date Sept 12, 2025

Virtus Dividend, Interest & Premium Strategy Fund (NFJ) has announced a cash dividend of $0.30500000 per share, with a payment date set for Sep 29, 2025. The ex-dividend date is Sep 12, 2025, meaning investors must hold the shares by this date to be eligible for the payout. The announcement date was Aug 27, 2025, and this latest dividend is slightly lower than the 10-year average of $0.338626582278481 per share. The most recent dividend was also $0.30500000 per share, paid on Jun 27, 2025, and was also a cash dividend. This consistent payout pattern suggests a stable income stream for long-term shareholders, though the recent reduction in dividend amount indicates a possible adjustment in the fund’s strategy or asset performance.

Over the past week, several key updates have emerged regarding NFJ. Most notably, Thomas Oliver has stepped down as a portfolio manager for the fund, marking a significant change in the management structure. However, analysts indicated that the remaining team continues to provide strong oversight, and the investment strategy remains aligned with the fund’s long-term goals. Another notable development is the increased attention on the fund’s holdings, particularly its emphasis on dividend-paying stocks across diverse sectors. Source reported that the fund continues to maintain a broad exposure to equities, focusing on companies with strong cash flows and stable earnings. Investors are encouraged to monitor how the fund adapts to the current market environment, especially with interest rates and market volatility remaining key concerns.

Since the last update, Wolverine Asset Management LLC was also reported to have adjusted its portfolio, with NFJ included among its top holdings. The fund’s current assets under management have been estimated at over $10.8 billion, reflecting its continued relevance in the closed-end fund market. Additionally, the fund’s performance has been compared to other CEFs, with particular focus on its dividend yield and premium/discount levels. As of late, the fund has shown moderate performance, with its price and yield fluctuating in line with broader market trends. Investors are advised to consider the recent changes in portfolio management and the broader market conditions before making investment decisions.

In conclusion, Virtus Dividend, Interest & Premium Strategy Fund has provided a consistent dividend stream, though recent payouts have been slightly lower than historical averages. The ex-dividend date of Sep 12, 2025, is the last day for investors to purchase shares and be eligible for the dividend. Investors should keep a close eye on the fund’s management changes and overall market performance in the coming months as these factors could influence future returns and stability.