DTF Tax-Free Income 2028 Term Fund Inc. (NYSE:DTF) Stake Lifted by Hara Capital LLC

Hara Capital LLC grew its position in DTF Tax-Free Income 2028 Term Fund Inc. (NYSE:DTF) by 27.6% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 462,306 shares of the investment management company’s stock after buying an additional 100,075 shares during the quarter. DTF Tax-Free Income 2028 Term Fund accounts for 3.2% of Hara Capital LLC’s holdings, making the stock its 6th largest holding. Hara Capital LLC owned about 0.07% of DTF Tax-Free Income 2028 Term Fund worth $5,210,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. J.W. Cole Advisors Inc. bought a new stake in shares of DTF Tax-Free Income 2028 Term Fund in the third quarter valued at about $138,000. Sanctuary Advisors LLC purchased a new position in DTF Tax-Free Income 2028 Term Fund during the 2nd quarter valued at about $216,000. Beverly Hills Private Wealth LLC raised its holdings in shares of DTF Tax-Free Income 2028 Term Fund by 105.2% in the 2nd quarter. Beverly Hills Private Wealth LLC now owns 58,502 shares of the investment management company’s stock valued at $641,000 after purchasing an additional 29,990 shares in the last quarter. Finally, Almitas Capital LLC lifted its position in shares of DTF Tax-Free Income 2028 Term Fund by 1.2% in the 2nd quarter. Almitas Capital LLC now owns 353,247 shares of the investment management company’s stock worth $3,872,000 after purchasing an additional 4,274 shares during the period. Institutional investors own 43.81% of the company’s stock.

DTF Tax-Free Income 2028 Term Fund Price Performance

Shares of NYSE DTF traded up $0.04 during midday trading on Thursday, reaching $11.26. 100 shares of the company’s stock traded hands, compared to its average volume of 13,945. The stock’s 50 day simple moving average is $11.27 and its 200-day simple moving average is $11.10. DTF Tax-Free Income 2028 Term Fund Inc. has a one year low of $10.62 and a one year high of $11.45.

DTF Tax-Free Income 2028 Term Fund Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Monday, December 16th will be given a dividend of $0.0325 per share. The ex-dividend date of this dividend is Monday, December 16th. This represents a $0.39 annualized dividend and a yield of 3.46%.

DTF Tax-Free Income 2028 Term Fund Profile

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.