profit from every $100 of sales.
$0$100
DTF Tax-Free Income 2028 Term Fund
$11.41-0.87% today
-0.1% in 1 year
1-year low $11.181-year high $11.60
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2023 to 2025.
0%20% a year
You pay $34.26 for every $1 of profit it makes in a year.
CheapExpensive
It holds more cash than debt.
No debt5 years
Money in, money out
What DTF Tax-Free Income 2028 Term Fund sold, what it kept, and what it did with the cash.
Sales went from -$22.2 million in 2022 to $2.83 million in 2025, with $2.34 million of profit last year.
SalesProfit
DTF Tax-Free Income 2028 Term Fund vs. similar companies
DTF Tax-Free Income 2028 Term Fund grows the slowest of these 5 and is priced in the middle for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| DTF Tax-Free Income 2028 Term Fund | 34.3× · Expensive | ||
 PIMCO Dynamic Income Fund | 8.5× · Cheap | ||
 Nuveen AMT-Free Quality Municipal Income Fund | 37.4× · Expensive | ||
 Eaton Vance Tax-Managed Global Diversified Equity Income Fund | 6.9× · Cheap | ||
 Nuveen Preferred & Income Opportunities Fund | 6.7× · Cheap |
AI analysis
An AI analyst reads DTF Tax-Free Income 2028 Term Fund's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| -22 | 4 | 5 | 3 | |
| – | – | – | – | |
| – | – | – | – | |
| – | – | – | – | |
| -23 | 3 | 4 | 2 | |
| -3.24 | 0.44 | 0.60 | – | |
| – | – | – | – | |
| – | – | – | – | |
| 102.3% | 86.0% | 91.3% | 82.6% |
Balance sheet
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 149 | 84 | 89 | 87 |
| Cash | 25 | 0 | 3 | 5 |
| Total debt | – | – | – | – |
| Total liabilities | 65 | 0 | 4 | 2 |
| 84 | 84 | 86 | 85 | |
| 7 | 7 | 7 | – | |
| – | – | – | – | |
| -27.1% | 3.7% | 4.9% | 2.7% |
Cash flow
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 25 | 43 | – | – | |
| – | – | – | – | |
| 25 | 43 | – | – | |
| Dividends paid | 4 | 3 | – | – |
| – | 65 | – | – | |
| – | – | – | – |
Valuation
- 34.3×
- –
- –
- 0.9×
- 28.3×
- –
- –
- 0.0%
- 2.9%
- 3.4%
Profitability
- 71.4%
- 88.7%
- 82.6%
- 82.0%
- 2.7%
- -0.5%
- 2.8%
- 2.7%
- 2.7%
- –
Growth
- −11.0%
- –
- −100.0%
- −4.1%
- +0.0%
Financial health
- -2.1×
- 0.00
- 0.0%
- –
- 3.16
- 3.16
- 0.03
How it ranks in Financial Services
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Bottom 42%of 827
Top 3%of 709
Bottom 13%of 876
Bottom 9%of 879
Bottom 23%of 926
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| Dec 18, 2025 | 0.31 | – | – |
| Jun 19, 2025 | 0.03 | – | – |
| Dec 16, 2024 | 0.19 | – | – |
| Jun 21, 2024 | 0.41 | – | – |
| Mar 11, 2024 | -0.38 | – | – |
| Jun 30, 2023 | 0.82 | – | – |
| Oct 31, 2022 | -1.17 | – | – |
| Apr 30, 2022 | -2.06 | – | – |
3.4%of the share price, paid each year
On $1,000 invested$34a year at today's yield, before tax
−4.1%2020 to 2025
Raised–not every year
Paid per share, each year
$0.88 in 2015 → $0.39 in 2025
How safe it looks
0.0% of its profit
Room to growStretchedMore than it earnsNews
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Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
Not enough data
Questions about DTF Tax-Free Income 2028 Term Fund
Is DTF Tax-Free Income 2028 Term Fund a good stock to buy?
A strong, very profitable business, but the price is high. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the DTF Tax-Free Income 2028 Term Fund AI analysis
What does DTF Tax-Free Income 2028 Term Fund do?
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 is in Asset Management - Income.
Does DTF Tax-Free Income 2028 Term Fund pay a dividend?
Yes. At today's price the dividend is 3.4% a year.
Is DTF Tax-Free Income 2028 Term Fund stock halal?
No. DTF Tax-Free Income 2028 Term Fund does not pass our halal screen: its main business, interest-based asset management, is not permitted. How we check
How has DTF Tax-Free Income 2028 Term Fund stock done over the past year?
Down 0.1% over the past twelve months, to $11.41. It traded between $11.18 and $11.60, close to its high.
Who are DTF Tax-Free Income 2028 Term Fund's competitors?
The largest listed companies in the same industry are PIMCO Dynamic Income Fund, Nuveen AMT-Free Quality Municipal Income Fund, Eaton Vance Tax-Managed Global Diversified Equity Income Fund and Nuveen Preferred & Income Opportunities Fund. The peers table on this page compares their profit, growth and price with DTF Tax-Free Income 2028 Term Fund's.
Prices: daily closes to Nov 12, 2026. Fundamentals: company reports via invest-like data.