DTF Tax-Free Income 2028 Term Fund Inc. Announces Dividends on Common Stock, Payable on January 31, 2024, February 29, 2024 and March 28, 2024 Respectively
December 14, 2023 at 05:02 pm EST
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The Board of Directors of DTF Tax-Free Income 2028 Term Fund Inc. authorized the payment of dividends on the Fund's common stock of 3.25 cents per share with ex-dividend dates of January 12, 2024, February 14, 2024 and March 14, 2024. Record dates of January 16, 2024, February 15, 2024 and March 15, 2024. Payable dates of January 31, 2024, February 29, 2024 and March 28, 2024 respectively.
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.
DTF Tax-Free Income 2028 Term Fund Inc. Announces Dividends on Common Stock, Payable on January 31, 2024, February 29, 2024 and March 28, 2024 Respectively