DTF Tax-Free Income 2028 Term Fund Inc. Releases 2025 Annual Report

Reuters
Dec 23, 2025
DTF Tax-Free Income 2028 Term Fund Inc. Releases 2025 Annual Report

DTF Tax-Free Income 2028 Term Fund Inc. has released its annual report for the year ended October 31, 2025. According to the report, the Fund continued its strategy of investing primarily in higher-quality, investment grade bonds and maintained diversification across multiple revenue sectors and states. The Fund’s management highlighted an amendment to the distribution policy, now allowing monthly distributions to include return of capital alongside net investment income, aiming to support a stable distribution. The Fund also updated its benchmark to reflect its remaining term structure, replacing the Bloomberg U.S. Municipal Index with the Bloomberg 1-Year Municipal Bond Index. Portfolio management continues to emphasize limiting credit risk and managing volatility by focusing on sector and geographic diversification. The full report can be accessed through the link below.

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