DTF Tax-Free Income 2028 Term Fund Inc. (DTF) To Go Ex-Dividend on March 16th

DTF Tax-Free Income 2028 Term Fund Inc. (NYSE:DTF) declared a monthly dividend on Thursday, December 11th. Shareholders of record on Monday, March 16th will be paid 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 Price Performance

Shares of DTF stock opened at $11.46 on Friday. DTF Tax-Free Income 2028 Term Fund has a 1 year low of $10.95 and a 1 year high of $11.60. The firm has a fifty day moving average price of $11.47 and a 200-day moving average price of $11.40.

DTF Tax-Free Income 2028 Term Fund Company Profile

DTF Tax-Free Income 2028 Term Fund (NYSE:DTF) is a closed-end management investment company that seeks to provide shareholders with tax-exempt current income and return of capital on a specified termination date in 2028. The fund pursues its investment objective primarily by investing in a diversified portfolio of municipal securities issued by state and local governmental entities across the United States. Its portfolio typically focuses on investment-grade obligations, though it may allocate assets across different maturities to manage income generation and portfolio duration.

The fund is structured to liquidate its holdings and return net assets to shareholders upon reaching its scheduled termination date in August 2028.