Company DTF Tax-Free Income 2028 Term Fund Inc.

Equities

DTF

US23334J1079

Closed End Funds

Market Closed - Nyse 21:10:00 26/04/2024 BST 5-day change 1st Jan Change
10.75 USD +0.28% Intraday chart for DTF Tax-Free Income 2028 Term Fund Inc. +0.56% 0.00%

Business Summary

DTF Tax-Free Income 2028 Term Fund Inc. (the Fund) is a closed-end diversified investment management company. The Fund's investment objective is current income exempt from regular federal income tax consistent with the preservation of capital. The Fund may not invest more than 25% of its total assets (taken at market value at the time of each investment) in the securities of issuers in a single industry; provided that, for purposes of this restriction, tax-exempt securities of issuers that are states, municipalities or their political subdivisions are not considered to be the securities of issuers in any single industry. The Fund seeks to achieve its investment objective by investing in a diversified portfolio of investment-grade tax-exempt obligations. The Fund invests across sectors, such as special tax, education, healthcare, leasing and transportation. Duff & Phelps Investment Management Co. serves as an investment fund adviser.

Sales per Business

USD in Million2022Weight2023Weight Delta
Investment and Related Activities
100.0 %
0 100.0 % 1 100.0 % -1,000.34%

Sales per region

USD in Million2022Weight2023Weight Delta
United States
100.0 %
0 100.0 % 1 100.0 % -1,000.34%

Managers

Managers TitleAgeSince
Chief Executive Officer 58 31/12/20
Director of Finance/CFO 65 31/12/99
Compliance Officer 57 30/09/22
Corporate Secretary 51 29/02/20
Corporate Officer/Principal 63 31/12/13
Corporate Officer/Principal 64 31/12/14

Members of the board

Members of the board TitleAgeSince
Director/Board Member 63 27/07/14
Director/Board Member 73 30/04/03
Director/Board Member 70 31/07/96
Director/Board Member 78 30/06/96
Chairman 78 30/04/05
Director/Board Member 66 -

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 0 7,029,567 7,006,514 ( 99.67 %) 0 99.67 %

Shareholders

NameEquities%Valuation
1607 Capital Partners LLC
7.944 %
558,446 7.944 % 6 M $
Relative Value Partners Group LLC
7.470 %
525,090 7.470 % 6 M $
RiverNorth Capital Management LLC
6.131 %
430,976 6.131 % 5 M $
Hara Capital LLC
5.192 %
364,943 5.192 % 4 M $
Almitas Capital LLC
4.994 %
351,091 4.994 % 4 M $
Sit Investment Associates, Inc.
3.047 %
214,201 3.047 % 2 M $
Corient Private Wealth LLC
2.439 %
171,462 2.439 % 2 M $
City of London Investment Management Co. Ltd.
1.940 %
136,353 1.940 % 1 M $
Allspring Global Investments LLC
1.709 %
120,147 1.709 % 1 M $
Morgan Stanley Smith Barney LLC
1.348 %
94,781 1.348 % 1 M $
NameEquities%Valuation
400 61.54 % 4 300 $

Company contact information

DTF Tax-Free Income 2028 Term Fund, Inc.

200 South Wacker Drive Suite 500

60606, Chicago

+312 263 2610

http://www.dpimc.com/investment-strategies/dtf-tax-free-income-inc
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