Virtus Dividend, Interest & Premium Strategy Fund Announces Renewal of Share Repurchase Program

Core Viewpoint - Virtus Dividend, Interest & Premium Strategy Fund has announced the renewal of its share repurchase program, aiming to enhance shareholder value by repurchasing up to 5% of its outstanding common shares at a discount to NAV [1] Group 1: Share Repurchase Program - The Board of Trustees approved the renewal of the open market share repurchase program initially approved in February 2025 [1] - The Fund may repurchase up to 5% of its outstanding common shares based on the shares outstanding as of March 4, 2026 [1] - The Fund has previously repurchased 1,834,337 shares for a total cost of $23.4 million under the program [1] Group 2: Fund Objectives and Strategy - Virtus Dividend, Interest & Premium Strategy Fund seeks current income and gains, with long-term capital appreciation as a secondary objective [1] - The Fund generally invests approximately 75% of its total assets in equity securities and approximately 25% in convertible securities [1] - The Fund employs an option strategy of writing covered call options on equity securities held in the Fund [1] Group 3: Fund Management and Contact Information - Virtus Investment Advisers, LLC is the investment adviser to the Fund, with NFJ Investment Group and Voya Investment Management as subadvisers [1] - For more information, shareholders can contact services at (866) 270-7788 or via email at closedendfunds@virtus.com [1]