# NFJ Tender Offer Results

> Virtus Fund's tender offer for 25% of shares completes with 28.8m shares accepted at $15.92.
- Title: NFJ Tender Offer Results · Seekingalpha | Shortify
- Summary: Virtus Fund's tender offer for 25% of shares completes with 28.8m shares accepted at $15.92. Virtus Dividend, Interest & Premium Strategy Fund accepted…
- Keywords: virtus, dividend, tender offer, nfj, securities, share price, money, business, Tender, Offer, Results, Seekingalpha
- Source: Seekingalpha — https://seekingalpha.com/article/4955612-nfjs-tender-offer-results
- Author: Stanford Chemist
- Published: 2026-10-20T18:39:39+00:00
- Read time: 1 min
- Topics: virtus, dividend, tender offer, nfj, securities, share price, money, business
## Tender Offer Results
Virtus Dividend, Interest & Premium Strategy Fund accepted 23,241,811 shares, 25% of its outstanding shares, at $15.9192 (99% of NAV).
## Tendered Shares
28,811,699 shares were tendered for a proration factor of 80.67%.
## Share Tender Rate
Only about 31% of shares were tendered, far fewer than our 50% base case.
## Investor Performance
A 1,000-share position bought on September 4 and fully tendered was up +2.02% after five weeks.
## Key takeaway

Virtus Dividend, Interest & Premium Strategy Fund accepted 23.24m shares at $15.92 in tender offer, 25% of outstanding shares.