Beverly Hills Private Wealth LLC Boosts Stock Position in DTF Tax-Free Income 2028 Term Fund Inc. (NYSE:DTF)

Beverly Hills Private Wealth LLC boosted its position in DTF Tax-Free Income 2028 Term Fund Inc. (NYSE:DTF - Free Report) by 23.0% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 306,088 shares of the investment management company's stock after acquiring an additional 57,141 shares during the quarter. Beverly Hills Private Wealth LLC owned 4.35% of DTF Tax-Free Income 2028 Term Fund worth $3,431,000 as of its most recent filing with the Securities & Exchange Commission.

Separately, Sit Investment Associates Inc. bought a new position in DTF Tax-Free Income 2028 Term Fund in the fourth quarter valued at $6,946,000. 43.81% of the stock is owned by institutional investors.

DTF Tax-Free Income 2028 Term Fund Stock Down 0.4%

DTF traded down $0.05 during trading on Monday, reaching $11.21. The stock had a trading volume of 5,352 shares, compared to its average volume of 13,397. DTF Tax-Free Income 2028 Term Fund Inc. has a one year low of $10.83 and a one year high of $11.45. The business has a 50-day moving average of $11.20 and a 200-day moving average of $11.22.

DTF Tax-Free Income 2028 Term Fund Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Tuesday, September 30th. Investors of record on Monday, September 15th will be paid a $0.0325 dividend. The ex-dividend date is Monday, September 15th. This represents a $0.39 dividend on an annualized basis and a yield of 3.48%.

DTF Tax-Free Income 2028 Term Fund Company Profile

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.