Management Change: Thomas Oliver is no longer a portfolio manager for the Virtus Dividend, Interest & Premium Strategy Fund, which will continue to be managed by a team of experienced professionals from NFJ Investment Group and Voya Investment Management.
Investment Strategy: The Fund aims for current income and long-term capital appreciation, investing approximately 75% in equity securities and 25% in convertible securities, while employing a covered call option strategy.
Risk Disclosure: Investors are cautioned about the risks associated with fund investments, including potential loss of principal and fluctuations in share value relative to net asset value.
About Virtus Investment Partners: Virtus Investment Partners is a collaboration of boutique investment managers focused on providing diverse investment solutions tailored to individual and institutional investors.
NFJ
$12.65+Infinity%1D
Analyst Views on NFJ
Wall Street analysts forecast NFJ stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for NFJ is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Analyst Rating
Wall Street analysts forecast NFJ stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for NFJ is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Buy
0 Hold
0 Sell
Current: 12.710
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Current: 12.710
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No data
About NFJ
Virtus Dividend, Interest & Premium Strategy Fund (the Fund) is a diversified, closed-end management investment company. The Fund's investment objective is to seek current income and gains, with a secondary objective of long-term capital appreciation. The Fund seeks to achieve its investment objective by investing across the capital structure in companies across a range of industries and technologies. The Fund normally invests at least 80% of its net assets in a combination of securities issued by artificial intelligence companies and in other companies that stand to benefit from artificial intelligence and other technology opportunities. The Fund's 15% of net assets are invested in artificial intelligence companies. The Fund normally invests at least 30% of its managed assets in convertible securities. The Fund does not normally invest more than 20% of its managed assets in high-yield securities. The Fund's investment advisor is Virtus Investment Advisers, Inc.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
