{"id":785633,"date":"2023-09-21T18:46:55","date_gmt":"2023-09-21T22:46:55","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/dtf-tax-free-income-2028-term-fund-inc-announces-dividends-5\/"},"modified":"2023-09-21T18:46:55","modified_gmt":"2023-09-21T22:46:55","slug":"dtf-tax-free-income-2028-term-fund-inc-announces-dividends-5","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/dtf-tax-free-income-2028-term-fund-inc-announces-dividends-5\/","title":{"rendered":"DTF Tax-Free Income 2028 Term Fund Inc. Announces Dividends"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }\n.bwblockalignc { margin-left: auto; margin-right: auto }\n.bwcellpmargin { margin-bottom: 0px; margin-top: 0px }\n.bwpadl0 { padding-left: 0px }\n.bwpadr0 { padding-right: 0px }\n.bwtablemarginb { margin-bottom: 10px }\n.bwuline { text-decoration: underline }\n.bwvertalignb { vertical-align: bottom }\n.bwwidth100 { width: 100% }\n.bwwidth22 { width: 22% }\n.bwwidth26 { width: 26% }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>DTF Tax-Free Income 2028 Term Fund Inc. Announces Dividends<\/b><\/p>\n<p>CHICAGO&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nThe Board of Directors of DTF Tax-Free Income 2028 Term Fund Inc. (NYSE: DTF) (the \u201cFund\u201d), a closed-end fund advised by Duff &amp; Phelps Investment Management Co., today authorized the payment of dividends on the Fund\u2019s common stock as follows:<\/p>\n<table cellspacing=\"0\" class=\"bwtablemarginb bwwidth100 bwblockalignc\">\n<tr>\n<td class=\"bwvertalignb bwpadl0 bwwidth22 bwalignc\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignc bwcellpmargin\"><span class=\"bwuline\">Cents Per Share<\/span><\/p>\n<\/td>\n<td class=\"bwvertalignb bwpadl0 bwwidth26\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignc bwcellpmargin\"><span class=\"bwuline\">Ex-Dividend Date<\/span><\/p>\n<\/td>\n<td class=\"bwvertalignb bwpadl0 bwwidth26\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignc bwcellpmargin\"><span class=\"bwuline\">Record Date<\/span><\/p>\n<\/td>\n<td class=\"bwvertalignb bwpadl0 bwwidth26\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignc bwcellpmargin\"><span class=\"bwuline\">Payable Date<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"bwvertalignb bwpadl0 bwpadr0 bwwidth22 bwalignc\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin bwalignc\">\n3.25<\/p>\n<\/td>\n<td class=\"bwvertalignb bwpadl0 bwwidth26\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignc bwcellpmargin\">\nOctober 13, 2023<\/p>\n<\/td>\n<td class=\"bwvertalignb bwpadl0 bwwidth26\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignc bwcellpmargin\">\nOctober 16, 2023<\/p>\n<\/td>\n<td class=\"bwvertalignb bwpadl0 bwwidth26\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignc bwcellpmargin\">\nOctober 31, 2023<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"bwvertalignb bwpadl0 bwpadr0 bwwidth22 bwalignc\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin bwalignc\">\n3.25<\/p>\n<\/td>\n<td class=\"bwvertalignb bwpadl0 bwwidth26\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignc bwcellpmargin\">\nNovember 14, 2023<\/p>\n<\/td>\n<td class=\"bwvertalignb bwpadl0 bwwidth26\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignc bwcellpmargin\">\nNovember 15, 2023<\/p>\n<\/td>\n<td class=\"bwvertalignb bwpadl0 bwwidth26\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignc bwcellpmargin\">\nNovember 30, 2023<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"bwvertalignb bwpadl0 bwpadr0 bwwidth22 bwalignc\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin bwalignc\">\n3.25<\/p>\n<\/td>\n<td class=\"bwvertalignb bwpadl0 bwwidth26\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignc bwcellpmargin\">\nDecember 14, 2023<\/p>\n<\/td>\n<td class=\"bwvertalignb bwpadl0 bwwidth26\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignc bwcellpmargin\">\nDecember 15, 2023<\/p>\n<\/td>\n<td class=\"bwvertalignb bwpadl0 bwwidth26\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignc bwcellpmargin\">\nDecember 29, 2023<\/p>\n<\/td>\n<\/tr>\n<\/table>\n<p>\nThe Fund estimates that the above dividends are likely to exceed the Fund\u2019s net income and net realized capital gains; therefore, a portion of these dividends is likely to result in a return of capital. A return of capital may occur, for example, when some or all of the money that you invested is paid back to you. A return of capital distribution does not necessarily reflect the Fund\u2019s investment performance and should not be confused with \u201cyield\u201d or \u201cincome.\u201d The actual amounts and sources of the amounts for tax reporting purposes will depend upon the Fund&#8217;s investment experience during the remainder of the fiscal year and may be subject to changes based on tax regulations. The Fund or your broker will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes.<\/p>\n<p><b>About the Fund<\/b><\/p>\n<p>\nDTF Tax-Free Income 2028 Term Fund Inc. is a closed-end diversified investment management company whose investment objective is current income exempt from regular federal income tax consistent with preservation of capital. The Fund seeks to achieve its investment objective by investing in a diversified portfolio of investment-grade tax-exempt obligations. For more information, visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.dpimc.com%2Finvestment-strategies%2Fdnp-select-income-fund-inc&amp;esheet=53559539&amp;newsitemid=20230921934700&amp;lan=en-US&amp;anchor=dpimc.com%2Fdtf&amp;index=1&amp;md5=896c831475668093e08880692dcc07cd\">dpimc.com\/dtf<\/a> or call (800) 338-8214.<\/p>\n<p><b>About the Investment Adviser<\/b><\/p>\n<p>\nDuff &amp; Phelps Investment Management Co., an affiliated manager of <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.virtus.com%2F%23product.all%2Fclass.all&amp;esheet=53559539&amp;newsitemid=20230921934700&amp;lan=en-US&amp;anchor=Virtus+Investment+Partners%2C+Inc.&amp;index=2&amp;md5=59995b400ec706ebb2e6cf6bd7c26c9a\">Virtus Investment Partners, Inc.<\/a>, began in 1932 as a fundamental research firm and has been managing assets since 1979. The firm seeks to provide specialty investment strategies that enhance client outcomes through active portfolio management and customized solutions, utilizing a process with values that include quality, reliability, and specialization. Investment strategies include U.S. and global real estate securities, global listed infrastructure, energy infrastructure, water, and clean energy.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230921934700r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20230921934700\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20230921934700\/en\/<\/a><\/span><\/p>\n<p>\nClayton J. Minor or Timothy P. Riordan, (833) 604-3163<\/p>\n<p><b>KEYWORDS:<\/b> United States North America Illinois<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Banking Professional Services Finance<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20230921934700\/en\/1896591\/3\/D%26P_DTF_Tax-FreeIncome2028TermFundInc_Reversed_RGB_1.3.22.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>DTF Tax-Free Income 2028 Term Fund Inc. Announces Dividends CHICAGO&#8211;(BUSINESS WIRE)&#8211; The Board of Directors of DTF Tax-Free Income 2028 Term Fund Inc. (NYSE: DTF) (the \u201cFund\u201d), a closed-end fund advised by Duff &amp; Phelps Investment Management Co., today authorized the payment of dividends on the Fund\u2019s common stock as follows: Cents Per Share Ex-Dividend Date Record Date Payable Date 3.25 October 13, 2023 October 16, 2023 October 31, 2023 3.25 November 14, 2023 November 15, 2023 November 30, 2023 3.25 December 14, 2023 December 15, 2023 December 29, 2023 The Fund estimates that the above dividends are likely to exceed the Fund\u2019s net income and net realized capital gains; therefore, a portion of these dividends is likely to result &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/dtf-tax-free-income-2028-term-fund-inc-announces-dividends-5\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;DTF Tax-Free Income 2028 Term Fund Inc. Announces Dividends&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-785633","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>DTF Tax-Free Income 2028 Term Fund Inc. Announces Dividends - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/dtf-tax-free-income-2028-term-fund-inc-announces-dividends-5\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"DTF Tax-Free Income 2028 Term Fund Inc. Announces Dividends - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"DTF Tax-Free Income 2028 Term Fund Inc. Announces Dividends CHICAGO&#8211;(BUSINESS WIRE)&#8211; The Board of Directors of DTF Tax-Free Income 2028 Term Fund Inc. (NYSE: DTF) (the \u201cFund\u201d), a closed-end fund advised by Duff &amp; Phelps Investment Management Co., today authorized the payment of dividends on the Fund\u2019s common stock as follows: Cents Per Share Ex-Dividend Date Record Date Payable Date 3.25 October 13, 2023 October 16, 2023 October 31, 2023 3.25 November 14, 2023 November 15, 2023 November 30, 2023 3.25 December 14, 2023 December 15, 2023 December 29, 2023 The Fund estimates that the above dividends are likely to exceed the Fund\u2019s net income and net realized capital gains; therefore, a portion of these dividends is likely to result &hellip; Continue reading &quot;DTF Tax-Free Income 2028 Term Fund Inc. 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