DTF Profile
DTF Tax-Free Income 2028 Term Fund Inc., originally named DTF Tax-Free Income Inc., was established in November 1991 and is based in the United States. This closed-ended fixed income mutual fund was launched by Virtus Investment Partners, Inc. and is currently managed by Duff & Phelps Investment Management Co., renowned for its expertise in investment management.
The fund specializes in investing primarily in a diversified portfolio of investment grade tax-exempt utility obligations within the United States' fixed income markets. Its investment strategy focuses on sectors including water and sewer utilities, electric utilities, prerefunded utilities, pollution control, and nonutilities, aiming to optimize returns while ensuring capital preservation.
DTF Tax-Free Income 2028 Term Fund Inc. targets opportunities in tax-exempt municipal bonds issued by various entities, providing investors with income that is generally exempt from federal income tax. The fund's portfolio management emphasizes selecting securities with strong credit quality and stable income streams, aligning its investment objectives with long-term wealth preservation and income generation for its shareholders.
Managed under the oversight of Duff & Phelps Investment Management Co., the fund leverages its strategic positioning and disciplined approach to navigate the complexities of the fixed income market. DTF Tax-Free Income 2028 Term Fund Inc. continues to uphold its commitment to delivering value and stability in the municipal bond investment landscape, supported by its extensive experience and robust investment strategies.
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