DTF TAX-FREE INCOME 2028 TERM FUND INC

A term fund providing tax-free income from investment-grade obligations until its 2028 liquidation.

DTF | NYSE

Overview

Corporate Details

ISIN(s):: N/A
LEI:
Country:: United States of America
Address:: 10 SOUTH WACKER DRIVE, 60606 CHICAGO
Website:: https://www.dpimc.com/investment-strategies/dtf-tax-free-income-2028-term-fund-inc
Sector:: Mining and quarrying
Industry:: Extraction of natural gas

Description

DTF Tax-Free Income 2028 Term Fund Inc. is a diversified, closed-end management investment company. The Fund's primary investment objective is to provide shareholders with current income that is exempt from regular federal income tax, consistent with the preservation of capital. It seeks to achieve this by investing at least 80% of its total assets in a diversified portfolio of investment-grade, tax-exempt obligations. Originally organized in November 1991, the fund adopted its current name and term structure in 2022. As a term fund, it is scheduled to cease operations and liquidate on or about March 1, 2028, distributing its net assets to shareholders. The fund is managed by Duff & Phelps Investment Management Co. and typically pays dividends monthly.

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Insider Transactions

Date	Insider Name	Position	Type	Shares	Value
No insider transactions recorded for this company.

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