Virtus Dividend, Interest & Premium Strategy Fund (NFJ)
NYSE NYSE Primary NASDAQ (NMS) 
NFJ: Income Seekers Might Have A Lot To Like Here
The Virtus Dividend, Interest & Premium Strategy Fund offers an 8.07% yield with a flexible allocation to dividend equities and convertible bonds. NFJ's portfolio is heavily weighted toward financials, energy, and basic materials, providing diversification and less exposure to overvalued tech sectors. The fund's recent outperformance versus the S&P 500 is driven more by valuation expansion than underlying portfolio gains, making the current discount less attractive than historical averages.
NFJ: 9.5% Yield On Covered Calls, Convertibles, And Equities
Virtus Dividend, Interest & Premium Strategy Fund blends equities, covered calls, and convertibles to target high yield with a current 9.58% dividend. NFJ's portfolio is equity-heavy, favoring Financials and Tech, with 22% in investment grade and 72% in unrated securities. Despite outperforming peers in the short term, NFJ's NAV and price lagged over 1-, 3-, 5-, and 10-year periods, and it suffered in rising rate environments.
