VIRTUS DIVIDEND, INTEREST & PREMIUM STRATEGY FUND (NYSE: NFJ) (Formerly known as AllianzGI Dividend, Interest & Premium Strategy Fund)

2020 Tax Reporting Information

The following information may be of value in reducing your state or local tax liability for dividend income received from Virtus Dividend, Interest & Premium Strategy Fund (Formerly known as AllianzGI Dividend, Interest & Premium Strategy Fund) ("the Fund").

Certain states exempt interest earned on obligations of the federal government from state and local taxes. However, the exemption requirements vary from state to state. For example, certain states require that a minimum percentage (typically 50%) of a fund's assets consist of U.S. Government securities at the end of each quarter.

The Fund did not satisfy this limitation. The Fund did not earn income from investments in U.S. Government Obligations or repurchase agreements.

Total dividends paid in 2020 (per share):

$

0.900000

Thereof:

Long-Term Capital Gains

$

0.233693

Ordinary Income

$

0.381239

Return of Capital

$

0.285068

Qualified Dividend Income

$

0.203883

50.28% of the income dividends paid by the Fund qualify for the corporate dividend received deduction.

This information does not represent personal tax information for your account. Please consult your tax advisor to find out how this information would affect your personal tax circumstances.

The Fund is a closed-end exchange traded investment company. This material is presented only to provide information and is not intended for trading purposes. Closed-end funds, unlike open-end funds, are not continuously offered. After the initial public offering, shares of closed-end funds are sold on the open market through a stock exchange. For additional information, contact your financial advisor or call (800) 254-5197. Investment policies, management fees and other matters of interest to prospective investors may be found in the Fund's most recent annual or semi-annual report.

Attachments

  • Original document
  • Permalink

Disclaimer

Virtus Dividend Interest & Premium Strategy Fund published this content on 03 March 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 03 March 2021 13:09:05 UTC.