CHICAGO--(BUSINESS WIRE)--December 11, 2025-- 

The Board of Directors of DTF Tax-Free Income 2028 Term Fund Inc. $(DTF)$ (the "Fund"), a closed-end fund advised by Duff & Phelps Investment Management Co. (the "Investment Adviser"), today authorized the payment of dividends on the Fund's common stock as follows:

 
Per Share Amount       Ex-Date          Record Date       Payable Date 
----------------  -----------------  -----------------  ----------------- 
    $0.0325       January 15, 2026   January 15, 2026   January 29, 2026 
----------------  -----------------  -----------------  ----------------- 
    $0.0325       February 17, 2026  February 17, 2026  February 26, 2026 
----------------  -----------------  -----------------  ----------------- 
    $0.0325        March 16, 2026     March 16, 2026     March 30, 2026 
----------------  -----------------  -----------------  ----------------- 
 

The amounts of distributions reported in this notice are estimates only and are not being provided for tax reporting purposes. The actual amounts and sources of the distributions for tax purposes will depend on the fund's investment experience during the remainder of its 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 what distributions to report for federal income tax purposes.

About the Fund

DTF Tax-Free Income 2028 Term Fund Inc. is a diversified closed-end 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, contact shareholder services at (866) 668-8552, by email at duff@virtus.com, or visit the DTF website, dpimc.com/dtf.

About the Investment Adviser

Duff & Phelps Investment Management Co. is a boutique investment manager that specializes in listed real asset strategies for institutional and individual clients. An investment manager of Virtus Investment Partners, Inc. (NYSE: VRTS), the firm 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. For more information visit dpimc.com.

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    CONTACT:    For Further Information: 

DTF Fund Services

(866) 668-8552

duff@virtus.com

(END) Dow Jones Newswires

December 11, 2025 16:35 ET (21:35 GMT)