YOLFTbeta
DTF Tax Free Income Closed Fund

DTF Tax Free Income Closed Fund

DTF · NYSE · Financial Services / Asset Management

11.42USD+0.01 (+0.09%)

Price History

Full chart

Market Stats

Previous Close11.41
Open11.42
Day Range11.42 – 11.43
52-Week Range10.92 – 11.57
Volume7.22K
Market Cap79.64M
P/E (TTM)27.63
Forward P/E0.00
EPS0.41
Dividend Yield3.45%
Beta0.29
50-Day Avg11.49
200-Day Avg11.45

About

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. It invests in the fixed income markets of the United States. It was formerly known as DTF Tax-Free Income Inc. DTF Tax-Free Income 2028 Term Fund Inc. was formed on November, 1991 and is domiciled in the United States.

Company Details

  • SectorFinancial Services
  • IndustryAsset Management
  • CEOMr. Nathan Ivey Partain C.F.A.
  • Employees0
  • Headquarters10 South Wacker Drive, Chicago, IL, United States, 60606, USA
  • Websitehttps://www.dtffund.com

Leadership

  • Mr. Nathan Ivey Partain C.F.A.Portfolio Manager · b. 1957

Financials

Income Statement

Currency: USD2006-10-312007-10-312008-10-312012-10-312013-10-312014-10-312015-10-312016-10-312017-10-312018-10-312019-10-312020-10-312021-10-312022-10-312023-10-312024-10-312025-10-31
Total Revenue11.28M10.05M10.07M9.44M9.06M8.85M8.52M7.94M1.66M-3.28M14.88M5.05M3.80M-22.21M3.58M4.63M2.59M
Growth (%)--10.92%+0.21%-6.21%-4.07%-2.28%-3.74%-6.83%-79.07%-297.55%+553.43%-66.06%-24.71%-683.85%+116.11%+29.49%-44.17%
Cost of Revenue1.54M1.51M1.36M--0001.41M1.39M1.38M1.35M1.36M1.11M868.08K-704.00K
Gross Profit9.73M8.53M8.70M9.44M9.06M8.85M8.52M7.94M1.66M-3.28M14.88M5.05M3.80M-22.21M3.58M4.63M1.88M
Gross Margin86.31%84.94%86.47%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%72.79%
Operating Expense431.30K426.50K424.48K1.74M1.73M1.58M1.59M1.64M-924.53K-1.25M554.97K615.55K865.63K-1.22M499.47K402.88K-458.00K
Operating Income9.30M8.11M8.28M7.70M7.33M7.27M6.93M6.30M2.59M-2.04M14.33M4.44M2.94M-20.99M3.08M4.23M2.34M
Operating Margin82.48%80.70%82.26%81.55%80.92%82.11%81.39%79.40%155.64%62.07%96.27%87.82%77.24%94.53%86.04%91.30%90.49%
EBITDA---9.80M7.33M7.27M6.93M6.30M2.59M-2.04M14.33M4.44M2.94M-20.99M3.08M2.12M2.34M
EBITDA Margin---103.78%80.92%82.11%81.39%79.40%155.64%62.07%96.27%87.82%77.24%94.53%86.04%45.66%90.49%
Net Income9.26M3.84M-9.19M17.50M-6.87M15.36M3.91M7.47M1.09M-3.84M14.33M4.44M2.94M-22.73M3.08M4.23M2.34M
Net Income Margin82.16%38.26%-91.34%185.33%-75.89%173.57%45.92%94.10%65.62%117.03%96.27%87.82%77.24%102.33%86.04%91.30%90.49%
R&D------000.140.441.990.650.41229.133.45--
R&D as % of Total Revenue------0.00%0.00%0.00%-0.00%0.00%0.00%0.00%-0.00%0.00%--
Interest Expense000--0001.50M1.80M2.21M1.44M1.02M1.73M1.29M--
Interest Expense % of Total Revenue0.00%0.00%0.00%--0.00%0.00%0.00%90.02%-54.97%14.86%28.43%26.73%-7.80%36.02%--

Balance Sheet

Currency: USD2006-10-312007-10-312008-10-312010-10-312012-10-312013-10-312014-10-312015-10-312016-10-312017-10-312018-10-312019-10-312020-10-312021-10-312022-10-312023-10-312024-10-312025-10-31
Total Assets204.81M202.94M184.08M-215.16M199.38M210.23M203.98M207.73M199.07M192.37M200.35M201.11M176.97M148.85M84.27M89.47M87.27M
Total Liabilities511.33K2.84M318.85K-2.03M65.27M68.01M65.00M68.76M65.38M2.71M66.15M66.61M66.49M64.99M71.88K3.79M1.99M
Total Equity204.30M200.10M183.76M-213.13M134.11M142.23M138.98M138.97M133.69M124.55M134.20M134.50M110.48M83.86M84.20M85.68M85.28M
Cash21.23K94.82K115.49K--7.79M4.29M3.04M3.86M515.63K2.13M1.09M1.62M3.45M24.50M182.43K3.03M4.63M
Total Debt-----65.00M65.00M64.76M64.86M64.90M64.93M64.96M64.99M64.73M64.86M---
Net Debt-----57.21M60.71M61.72M61.00M64.38M62.80M63.87M63.37M61.28M40.36M-182.43K-3.03M-4.63M

Cash Flow

Currency: USD2006-10-312007-10-312008-10-312012-10-312013-10-312014-10-312015-10-312016-10-312017-10-312018-10-312019-10-312020-10-312021-10-312022-10-312023-10-312024-10-312025-10-31
Operating Cash Flow7.09M1.42M-11.24M-15.32M3.77M5.90M8.46M3.03M6.91M3.64M4.67M29.19M24.95M43.42M--
Investing Cash Flow------00-2.88M1.52M-1.24M-765.46K24.26M20.80M40.02M--
Financing Cash Flow-6.64M-5.61M-5.10M--7.52M-7.27M-7.16M-7.64M-6.37M-5.30M-4.67M-4.14M-27.36M-3.90M-67.74M--
Capital Expenditure00000000000044500
Free Cash Flow----15.32M3.77M5.90M8.46M3.03M6.91M3.64M4.67M29.19M24.95M43.42M--
Dividends Paid6.64M5.61M5.10M-7.20M7.24M7.16M7.48M6.40M5.30M4.67M4.14M3.44M3.90M2.74M--
FCF to OCF----100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%--
Dividend Paid to FCF----47.04%192.21%121.19%88.40%211.23%76.63%128.49%88.68%11.79%15.62%6.31%--

Earnings

Report DateJan 31, 2011Apr 30, 2011Jul 31, 2011Oct 31, 2011Jan 31, 2012Apr 30, 2012Jul 31, 2012Oct 31, 2012Jan 31, 2013Apr 30, 2013Jul 31, 2013Oct 31, 2013Jan 31, 2014Apr 30, 2014Jul 31, 2014Oct 31, 2014Jan 31, 2015Apr 30, 2015Jul 31, 2015Oct 31, 2015Jan 31, 2016Apr 30, 2016Jul 31, 2016Oct 31, 2016Jan 31, 2017Apr 30, 2017Jul 31, 2017Oct 31, 2017Jan 31, 2018Apr 30, 2018Jul 31, 2018Oct 31, 2018Jan 31, 2019Apr 30, 2019Jul 31, 2019Oct 31, 2019Jan 31, 2020Apr 30, 2020Jul 31, 2020Oct 31, 2020Jan 31, 2021Apr 30, 2021Jul 31, 2021Oct 31, 2021Dec 20, 2024Jun 19, 2025Dec 23, 2025
EPS Estimate0.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.00-0.00
EPS Actual-0.24-0.240.570.570.580.580.440.440.160.16-0.56-0.560.530.530.380.380.070.070.160.160.420.420.020.02-0.16-0.160.220.22-0.17-0.17-0.06-0.060.510.510.330.33-0.25-0.250.510.510.250.25-0.04-0.040.190.030.31
Surprise-----------------------------------------------
Timing---------------------------------------------Pre-market-

Key Statistics & Ratios

Market Cap79.64M
Enterprise Value77.35M
Trailing P/E27.63
Forward P/E0.00
PEG Ratio0.00
Price / Sales29.10
Price / Book0.94
EPS0.41
Book Value12.04
Revenue (TTM)2.74M
Gross Profit (TTM)2.74M
Profit Margin106.03%
Operating Margin71.72%
Return on Equity3.43%
Return on Assets1.36%
Shares Outstanding7.03M
Shares Float0
Beta0.29
Dividend Yield3.45%
Dividend Rate0.39
Payout Ratio42.42%

Dividends

202610×
0.03Oct 15, 20260.03Sep 15, 20260.03Aug 17, 20260.03Jul 15, 20260.03Jun 15, 20260.03May 15, 20260.03Apr 15, 20260.03Mar 16, 20260.03Feb 17, 20260.03Jan 15, 2026
202512×
0.03Dec 15, 20250.03Nov 17, 20250.03Oct 15, 20250.03Sep 15, 20250.03Aug 15, 20250.03Jul 15, 20250.03Jun 16, 20250.03May 15, 20250.03Apr 15, 20250.03Mar 17, 20250.03Feb 18, 20250.03Jan 15, 2025
20242×
0.03Dec 16, 20240.03Nov 15, 2024