AllianzGI NFJ Dividend, Interest & Premium Strategy Fund Reports Earnings Results for the Second Quarter and Six Months Ended July 31, 2016
September 29, 2016 at 04:00 pm EDT
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AllianzGI NFJ Dividend, Interest & Premium Strategy Fund reported earnings results for the second quarter and six months ended July 31, 2016. For the quarter, the company has posted net investment income was $8,101,026 or $0.08 per share against $8,901,009 or $0.09 per share a year ago. Net realized and change in unrealized gain was $32,453,852 or $0.34 per share against net realized and change in unrealized loss of $44,501,169 or $0.47 per share a year ago.
For the six months, the company has posted net investment income was $16,403,790 or $0.17 per share against $18,396,727 or $0.19 per share a year ago. Net realized and change in unrealized gain was $121,482,757 or $1.28 per share against $8,503,270 or $0.09 per share a year ago.
Virtus Dividend, Interest & Premium Strategy Fund (the Fund) is a diversified, closed-end management investment company. The Fund's investment objective is to seek current income and gains, with a secondary objective of long-term capital appreciation. The Fund seeks to achieve its investment objective by investing across the capital structure in companies across a range of industries and technologies. The Fund normally invests at least 80% of its net assets in a combination of securities issued by artificial intelligence companies and in other companies that stand to benefit from artificial intelligence and other technology opportunities. The Fund's 15% of net assets are invested in artificial intelligence companies. The Fund normally invests at least 30% of its managed assets in convertible securities. The Fund does not normally invest more than 20% of its managed assets in high-yield securities. The Fund's investment advisor is Virtus Investment Advisers, Inc.
VIRTUS DIVIDEND, INTEREST & PREMIUM STRATEGY FUND 
