DTF Tax-Free Income 2028 Term Fund Inc. (NYSE:DTF – Get Free Report) declared a monthly dividend on Thursday, December 11th. Investors of record on Thursday, January 15th will be paid a dividend of 0.0325 per share by the investment management company on Thursday, January 29th. This represents a c) annualized dividend and a dividend yield of 3.4%. The ex-dividend date of this dividend is Thursday, January 15th.
DTF Tax-Free Income 2028 Term Fund Trading Down 0.1%
NYSE DTF traded down $0.02 during trading hours on Friday, reaching $11.37. 126 shares of the company’s stock traded hands, compared to its average volume of 7,626. DTF Tax-Free Income 2028 Term Fund has a 52-week low of $10.83 and a 52-week high of $11.50. The firm has a 50-day simple moving average of $11.37 and a 200 day simple moving average of $11.30.
Institutional Trading of DTF Tax-Free Income 2028 Term Fund
Hedge funds have recently made changes to their positions in the stock. Financial Gravity Companies Inc. bought a new position in DTF Tax-Free Income 2028 Term Fund during the 2nd quarter valued at approximately $36,000. Raymond James Financial Inc. purchased a new stake in shares of DTF Tax-Free Income 2028 Term Fund in the second quarter worth $69,000. J.W. Cole Advisors Inc. purchased a new stake in shares of DTF Tax-Free Income 2028 Term Fund in the second quarter worth $165,000. Nuveen LLC bought a new position in shares of DTF Tax-Free Income 2028 Term Fund during the first quarter valued at $180,000. Finally, Focus Partners Wealth purchased a new position in shares of DTF Tax-Free Income 2028 Term Fund in the 1st quarter worth about $190,000. 43.81% of the stock is owned by 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.
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