DTF Tax-Free Income 2028 Term Fund Inc. (DTF) Stock
The DTF Tax-Free Income 2028 Term Fund Inc. functions as a closed-end investment company focused on fixed-income assets.
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About DTF Tax-Free Income 2028 Term Fund Inc.
The DTF Tax-Free Income 2028 Term Fund Inc. functions as a closed-end investment company focused on fixed-income assets. It was initiated by Virtus Investment Partners, Inc., and its operations are overseen by Duff & Phelps Investment Management Co. The fund's core investment approach involves constructing a diverse portfolio primarily composed of high-grade, tax-exempt bonds from utility companies. Its holdings encompass a broad range of sectors, including water and sewer infrastructure, electric power providers, prerefunded obligations, pollution control projects, and various non-utility enterprises. All capital is deployed within the U.S. fixed income markets. Established in November 1991 and domiciled in the United States, the fund previously operated under the name DTF Tax-Free Income Inc.
DTF Tax-Free Income 2028 Term Fund Inc. is headquartered in US.
DTF Tax-Free Income 2028 Term Fund Inc. (DTF) stock trades at $11.49 with a market capitalization of $80.77M. The stock is valued at a price-to-earnings (P/E) ratio of 34.27, price-to-book of 0.95, price-to-sales of 30.61. Over the past 52 weeks the stock has ranged between $11.18 and $11.61, and currently trades 1.0% below its 52-week high. It pays a dividend yielding 3.39%.
On profitability, DTF Tax-Free Income 2028 Term Fund Inc. generates a return on equity (ROE) of 2.76%, return on capital employed of 2.74%, an operating margin of 88.71%, a net profit margin of 88.71%.
Official website: www.dtffund.com