DTF Tax-Free Income Inc Stock News

We discuss Muni CEF performance, distributions and valuations in this latest update. Municipal CEFs have outperformed due to high rates, wide discounts, and rising distributions, however the easy money has mostly been made in our view. Municipal bonds remain attractive compared to corporate bonds, but Muni CEF discounts have tightened to historic averages, reducing their previous appeal.

We review the CEF market valuation and performance through the third week of September and highlight recent market action. Most CEF sectors rose, led by preferreds and convertibles. The DTF Tax-Free Income 2028 Term Fund Inc. offers a high pull-to-NAV yield and low-risk profile with no leverage.

CHICAGO--(BUSINESS WIRE)--The Board of Directors of DTF Tax-Free Income 2028 Term Fund Inc. (NYSE: DTF) (the “Fund”), a closed-end fund advised by Duff & Phelps Investment Management Co., today authorized the payment of dividends on the Fund's common stock as follows: Cents Per Share Ex-Dividend Date Record Date Payable Date 3.25 October 15, 2024 October 15, 2024 October 31, 2024 3.25 November ...

CHICAGO--(BUSINESS WIRE)--The Board of Directors of DTF Tax-Free Income 2028 Term Fund Inc. (NYSE: DTF) (the “Fund”), a closed-end fund advised by Duff & Phelps Investment Management Co., today authorized the payment of dividends on the Fund's common stock as follows: Cents Per Share Ex-Dividend Date Record Date Payable Date 3.25 July 15, 2024 July 15, 2024 July 31, 2024 3.25 August 15, 2024 Au...