DTF Tax-Free Income 2028 Term Fund Inc. Announces Dividends
15 Junho 2023 - 6:02PM
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 14, 2023
July 17, 2023
July 31, 2023
3.25
August 14, 2023
August 15, 2023
August 31, 2023
3.25
September 14, 2023
September 15, 2023
September 29, 2023
The Fund estimates that the above dividends are likely to exceed
the Fund’s net income and net realized capital gains; therefore, a
portion of these dividends is likely to result in a return of
capital. A return of capital may occur, for example, when some or
all of the money that you invested is paid back to you. A return of
capital distribution does not necessarily reflect the Fund’s
investment performance and should not be confused with “yield” or
“income.” The actual amounts and sources of the amounts for tax
reporting purposes will depend upon the Fund's investment
experience during the remainder of the fiscal year and may be
subject to changes based on tax regulations. The Fund or your
broker will send you a Form 1099-DIV for the calendar year that
will tell you how to report these distributions for federal income
tax purposes.
About the Fund
DTF Tax-Free Income 2028 Term Fund Inc. is a closed-end
diversified investment management company whose investment
objective is current income exempt from regular federal income tax
consistent with preservation of capital. The Fund seeks to achieve
its investment objective by investing in a diversified portfolio of
investment-grade tax-exempt obligations. For more information,
visit dpimc.com/dtf or call (800) 338-8214.
About the Investment Adviser
Duff & Phelps Investment Management Co., an affiliated
manager of Virtus Investment Partners, Inc., began in 1932 as a
fundamental research firm and has been managing assets since 1979.
The firm seeks to provide specialty investment strategies that
enhance client outcomes through active portfolio management and
customized solutions, utilizing a process with values that include
quality, reliability, and specialization. Investment strategies
include U.S. and global real estate securities, global listed
infrastructure, energy infrastructure, water, and clean energy.
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Clayton J. Minor or Timothy P. Riordan, (833) 604-3163
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