DTF Tax-Free Income 2028 Term Fund Inc. Announces Monthly Dividend of $0.03 (NYSE:DTF)

by · The Markets Daily

DTF Tax-Free Income 2028 Term Fund Inc. (NYSE:DTFGet Free Report) declared a monthly dividend on Thursday, December 11th. Shareholders of record on Monday, March 16th will be given a dividend of 0.0325 per share by the investment management company on Monday, March 30th. This represents a c) annualized dividend and a yield of 3.4%. The ex-dividend date of this dividend is Monday, March 16th.

DTF Tax-Free Income 2028 Term Fund Stock Down 0.1%

Shares of NYSE DTF traded down $0.02 during midday trading on Friday, reaching $11.37. 126 shares of the company traded hands, compared to its average volume of 7,626. DTF Tax-Free Income 2028 Term Fund has a 12 month low of $10.83 and a 12 month high of $11.50. The stock’s 50-day simple moving average is $11.37 and its 200-day simple moving average is $11.30.

About DTF Tax-Free Income 2028 Term Fund

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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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