Shares of Virtus Dividend Interest & Premium Strategy Fund of Beneficial Interest (NYSE:NFJ) traded at a new 52-week high today of $16.00. Approximately 74,000 shares have changed hands today, as compared to an average 30-day volume of 163,000 shares.
Virtus Dividend, Interest & Premium Strategy Fund is a Massachusetts-based business trust. Its primary investment objective is to seek current income and gains, with a secondary objective of long-term capital appreciation. The fund pursues its investment objectives by investing in a diversified portfolio of dividend-paying common stocks and income-producing convertible securities.
Over the past year, Virtus Dividend Interest & Premium Strategy Fund of Beneficial Interest has traded in a range of $12.15 to $16.00 and is now at $15.99, 32% above that low.
Virtus Dividend Interest & Premium Strategy Fund of Beneficial Interest (NYSE:NFJ) defies analysts with a current price ($15.99) 57.9% above its average consensus price target of $6.73.
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