DTF Tax-Free Income 2028 Term Fund Inc. (NYSE:DTF – Get Free Report) declared a monthly dividend on Monday, June 17th, NASDAQ reports. Investors of record on Monday, July 15th will be given a dividend of 0.0325 per share by the investment management company on Wednesday, July 31st. This represents a $0.39 annualized dividend and a yield of 3.56%. The ex-dividend date of this dividend is Monday, July 15th.
DTF Tax-Free Income 2028 Term Fund has decreased its dividend payment by an average of 6.7% annually over the last three years.
DTF Tax-Free Income 2028 Term Fund Price Performance
NYSE:DTF opened at $10.97 on Wednesday. DTF Tax-Free Income 2028 Term Fund has a fifty-two week low of $10.29 and a fifty-two week high of $11.19. The business has a 50 day moving average price of $10.84 and a 200-day moving average price of $10.81.
About DTF Tax-Free Income 2028 Term Fund
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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