Saba Capital Management, L.P. bought $1.2M of Virtus Dividend, Interest & Premium Strategy Fund (NFJ)
Executed Jan 29, disclosed Feb 2, 4 days later.
Over the 21 trading sessions from the disclosed entry session (Feb 2), the stock returned -0.8% (delay-adjusted); from the execution session (Jan 29), +1.3%. Derived: entry at the session's open, exit at the close 20 sessions later.
Saba Capital Management, L.P. (10% owner) filed 334 Form 4 reports as a reporting entity in the trailing twelve months (142 purchases, 192 sales, 5 filed past the two-business-day deadline), most often in BlackRock ESG Capital Allocation Term Trust (ECAT). Across 140 priced purchase filings, the average 21-session return was +5.2% from execution and +5.2% from disclosure (delay-adjusted; derived). The largest single filing was $9.4M of ASA (134,093 sh across 2 lots, as filed), executed Feb 12.
30,502 sh × $12.39
Exec Mar 30
Filed Apr 1 · 11:12 AM ET NFJPURCHASE Virtus Dividend, Interest & Premium Strategy Fund $2.0M
160,831 sh across 2 lots
Exec Mar 26
Filed Mar 30 · 3:55 PM ET NFJPURCHASE Virtus Dividend, Interest & Premium Strategy Fund $732K
58,171 sh across 2 lots
Exec Mar 24
Filed Mar 26 · 12:05 PM ET NFJPURCHASE Virtus Dividend, Interest & Premium Strategy Fund $827K
66,031 sh × $12.52
Exec Mar 23
Filed Mar 24 · 4:04 PM ET NFJPURCHASE Virtus Dividend, Interest & Premium Strategy Fund $350K
28,190 sh × $12.41
Exec Mar 19
Filed Mar 23 · 5:39 PM ET NFJPURCHASE Virtus Dividend, Interest & Premium Strategy Fund $236K
17,176 sh × $13.76
Exec Feb 12
Filed Feb 17 · 3:29 PM ET NFJPURCHASE Virtus Dividend, Interest & Premium Strategy Fund $704K
51,354 sh × $13.70
Exec Feb 10
Filed Feb 11 · 2:03 PM ET NFJPURCHASE Virtus Dividend, Interest & Premium Strategy Fund $653K
48,927 sh × $13.34
Exec Feb 5
Filed Feb 9 · 3:36 PM ET