Virtus Dividend, Interest & Premium Strategy Fund (NFJ)

• $11.75

  $11.90

  $11.85
  

  0.84%

  Downside

  Day's Volatility :1.22%

  Upside

  0.38%

  
• $9.99

  $12.71

  $11.85
  

  15.7%

  Downside

  52 Weeks Volatility :21.4%

  Upside

  6.77%

  

Returns

• Virtus Dividend, Interest & Premium Strategy Fund Earnings

  Virtus Dividend, Interest & Premium Strategy Fund’s price-to-earnings ratio stands at None

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Virtus Dividend, Interest & Premium Strategy Fund seeks current income and gains, with long-term capital appreciation as a secondary objective. The Fund will generally invest approximately 75% of its total assets in equity securities and approximately 25% in convertible securities. The Fund will employ an option strategy of writing (selling) covered call options on equity securities held in the Fund. The equity portion of the Fund generally invests in U.S. equities and American depositary receipts (ADRs) with attractive quality characteristics, shareholder yield, and consistent financial output. The convertible portion of the Fund generally invests in income-producing convertible securities, including synthetic convertible securities, and may include convertible securities that are of below-investment grade quality. The option portion of the Fund is designed to generate gains from option premiums in an attempt to enhance amounts available for distributions payable to the Fund's shareholders.