DTF Tax-Free Income 2028 Term Fund Inc. (NYSE:DTF) Declares Jul 25 Dividend of $0.03

DTF Tax-Free Income 2028 Term Fund Inc. (NYSE:DTF) announced a jul 25 dividend on Monday, June 16th, RTT News reports. Shareholders of record on Tuesday, July 15th will be given a dividend of 0.0325 per share by the investment management company on Thursday, July 31st. This represents a dividend yield of 3.5%. The ex-dividend date is Tuesday, July 15th.

DTF Tax-Free Income 2028 Term Fund Trading Up 0.1%

NYSE DTF opened at $11.23 on Friday. The business’s 50-day moving average price is $11.20 and its two-hundred day moving average price is $11.22. DTF Tax-Free Income 2028 Term Fund has a 12 month low of $10.83 and a 12 month high of $11.45.

Institutional Investors Weigh In On DTF Tax-Free Income 2028 Term Fund

An institutional investor recently bought a new position in DTF Tax-Free Income 2028 Term Fund stock. Focus Partners Wealth acquired a new stake in DTF Tax-Free Income 2028 Term Fund Inc. (NYSE:DTF) during the first quarter, according to its most recent Form 13F filing with the SEC. The fund acquired 16,956 shares of the investment management company’s stock, valued at approximately $190,000. Focus Partners Wealth owned 0.24% of DTF Tax-Free Income 2028 Term Fund at the end of the most recent reporting period. 43.81% of the stock is currently owned by hedge funds and other institutional investors.

DTF Tax-Free Income 2028 Term Fund Company Profile

DTF Tax-Free Income 2028 Term Fund Inc is a closed-ended fixed income mutual fund launched by Virtus Investment Partners, Inc The fund is managed by Duff & Phelps Investment Management Co It invests primarily in a diversified portfolio of investment grade tax-exempt utility obligations. The fund invests in various sectors, such as water and sewer, electric utilities, prerefunded utilities, pollution control, and nonutilities.