Virtus Dividend, Interest & Premium Strategy Fund launches cash tender offer for up to 25% of shares at 99% of NAV
NFJ•Cash tender offer terms
Virtus Dividend, Interest & Premium Strategy Fund launched a cash tender offer to buy up to 25% of outstanding common shares.
- Offer price set at 99% of net asset value measured at the close of regular trading on Oct. 5, 2026.
- Tender period opened Sept. 1, 2026, with expiration at 5:00 p.m. ET on Oct. 5, 2026, unless extended.
- Oversubscription triggers pro rata acceptance across tendering shareholders based on shares submitted.
