DTF Tax-Free Income 2028 Term Fund Inc. (NYSE:DTF – Get Free Report) announced a monthly dividend on Thursday, September 19th, NASDAQ reports. Stockholders of record on Tuesday, October 15th will be given a dividend of 0.0325 per share by the investment management company on Thursday, October 31st. This represents a $0.39 annualized dividend and a dividend yield of 3.45%. The ex-dividend date of this dividend is Tuesday, October 15th.
DTF Tax-Free Income 2028 Term Fund has decreased its dividend by an average of 6.7% per year over the last three years.
DTF Tax-Free Income 2028 Term Fund Price Performance
DTF opened at $11.31 on Friday. DTF Tax-Free Income 2028 Term Fund has a fifty-two week low of $10.29 and a fifty-two week high of $11.45. The company’s 50-day moving average is $11.22 and its 200 day moving average is $10.98.
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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