DTF Tax-Free Income 2028 Term Fund Inc. (NYSE:DTF - Get Free Report) declared a monthly dividend on Friday, March 15th, NASDAQ reports. Stockholders of record on Monday, April 15th will be given a dividend of 0.0325 per share by the investment management company on Tuesday, April 30th. This represents a $0.39 annualized dividend and a dividend yield of 3.66%. The ex-dividend date of this dividend is Friday, April 12th.
DTF Tax-Free Income 2028 Term Fund Stock Performance
Shares of NYSE DTF traded down $0.08 during trading on Wednesday, reaching $10.67. The company had a trading volume of 22,767 shares, compared to its average volume of 20,230. DTF Tax-Free Income 2028 Term Fund has a twelve month low of $10.29 and a twelve month high of $11.19. The stock has a 50-day moving average price of $10.81 and a two-hundred day moving average price of $10.76.
Hedge Funds Weigh In On DTF Tax-Free Income 2028 Term Fund
Institutional investors have recently made changes to their positions in the stock. Almitas Capital LLC purchased a new stake in shares of DTF Tax-Free Income 2028 Term Fund in the fourth quarter valued at $66,000. Atria Wealth Solutions Inc. acquired a new position in DTF Tax-Free Income 2028 Term Fund during the fourth quarter worth $132,000. Wells Fargo & Company MN grew its position in shares of DTF Tax-Free Income 2028 Term Fund by 6.0% in the fourth quarter. Wells Fargo & Company MN now owns 15,877 shares of the investment management company's stock valued at $173,000 after purchasing an additional 902 shares during the last quarter. Nuveen Asset Management LLC acquired a new stake in shares of DTF Tax-Free Income 2028 Term Fund in the fourth quarter valued at about $276,000. Finally, First Trust Advisors LP grew its position in shares of DTF Tax-Free Income 2028 Term Fund by 7.5% in the first quarter. First Trust Advisors LP now owns 28,211 shares of the investment management company's stock valued at $366,000 after purchasing an additional 1,963 shares during the last quarter. 43.81% of the stock is owned by institutional investors.
DTF Tax-Free Income 2028 Term Fund Company Profile
(
Get Free Report)
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.
Featured Stories
Before you consider DTF Tax-Free Income 2028 Term Fund, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and DTF Tax-Free Income 2028 Term Fund wasn't on the list.
While DTF Tax-Free Income 2028 Term Fund currently has a "hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Growth stocks offer a lot of bang for your buck, and we've got the next upcoming superstars to strongly consider for your portfolio.
Get This Free Report
