NYSE · Asset Management · USD

DTF Tax-Free Income 2028 Term Fund Inc. (DTF) Stock Analysis

DTF Tax-Free Income 2028 Term Fund Inc. (DTF) is a Asset Management stock listed on NYSE and quoted in US Dollar.

Last Updated: October 21, 2026

DTF

$11.36

+$0.06 (+0.53%)

Oct 21, 2026 · Market close

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Price History

Hover for the daily close. The dotted line marks the period open.

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DTF Key Statistics

As of Oct 21, 2026

Trading

Open: $11.31
Previous Close: $11.30
Day's Range: 11.31–11.36
52-Week Range: 11.14–11.61
Volume: 3.32K
Beta: 0.29

Valuation

Market Cap: $79.86M
P/E Ratio: 27.71
P/S ratio: 29.18
EPS (ttm): 0.41

Financials (FY)

Revenue (FY): $2.83M−38.86%
Net Income (FY): $2.34M−44.66%
Profit margin: 106.03%
Shares Outstanding: 7.03M
1-Year Return: +2.09%

Dividend and dates

Dividend: $0.39+3.45%
Ex-Dividend Date: November 16, 2026
Avg Volume: 6.66K

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

Key facts

As of October 21, 2026, DTF closed at $11.36, +2.09% over 1 year.

DTF Tax-Free Income 2028 Term Fund Inc. (DTF) has a market capitalization of $79.86M.

In fiscal 2025, DTF reported revenue of $2.83M.

DTF Stock Return by Calendar Year

DTF Tax-Free Income 2028 Term Fund Inc. (DTF) 10-year return: what $10,000 became

1 year: $10,000 $10,209; +2.09%
5 years: $10,000 $9,460; −5.40%
10 years: $10,000 $10,657; +6.57%

If you had invested $10,000 in DTF Tax-Free Income 2028 Term Fund Inc. (DTF) 10 years ago, at the close on October 21, 2016, it would have been worth $10,657 at the close on October 21, 2026: +6.57% in total, +0.64% a year, with dividends reinvested. A historical calculation from closing prices adjusted for splits and dividends, before fees and taxes.

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

+23.44%−21.13%+1.50%

2016*2017201820192020202120222023202420252026*

Year	Return
2026 (partial year)	+1.50%
2025	+5.42%
2024	+8.18%
2023	+2.18%
2022	−21.13%
2021	+0.10%
2020	+4.11%
2019	+23.44%
2018	−7.24%
2017	+2.16%
2016 (partial year)	−10.12%

As of October 21, 2026.

DTF Revenue and Earnings by Fiscal Year

FY ends October

RevenueNet income

2022202320242025

Fiscal year	Revenue	Net income	Net margin
2025	$2.83M	$2.34M	82.6%
2024	$4.63M	$4.23M	91.3%
2023	$3.58M	$3.08M	86.0%
2022	−$22.21M	−$22.73M	102.3%

Fiscal year	Revenue	Gross profit	Operating income	Net income	Net margin
2025	$2.83M	—	—	$2.34M	82.6%
2024	$4.63M	—	—	$4.23M	91.3%
2023	$3.58M	—	—	$3.08M	86.0%
2022	−$22.21M	—	—	−$22.73M	102.3%

Annual figures as reported, in the company's reporting currency. As of October 31, 2025.

DTF Dividend History

’16’17’18’19’20’21’22’23’24’25’26*

$0.40+0.0% vs 2024

Dividends per share, 2025 · 12 payments

Year	Dividends per share	Payments	Change
2026*	$0.30	9	—
2025	$0.40	12	+0.0%
2024	$0.40	12	+0.0%
2023	$0.40	12	+0.0%

Year	Dividends per share	Payments	Change
2026 (partial year)	$0.30	9	—
2025	$0.40	12	+0.0%
2024	$0.40	12	+0.0%
2023	$0.40	12	+0.0%
2022	$0.40	12	−36.5%
2021	$0.62	13	+30.0%
2020	$0.48	12	+8.8%
2019	$0.44	13	−35.1%
2018	$0.68	13	−2.6%
2017	$0.70	13	+264.9%
2016	$0.19	3	—

Most recent payment: $0.03 per share, ex-dividend September 15, 2026. Per-share amounts summed by calendar year from ex-dividend dates. Partial years are shown muted and marked with an asterisk.

DTF Valuation vs Asset Management Median

Median of 512 stocks

Metric	DTF	Asset Management median	vs median
P/E	27.71	9.44	194% above
P/S ratio	29.18	8.59	3.4x the median
Profit margin	106.03%	74.97%	31.1 pts above

Medians across 512 Asset Management stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of October 21, 2026.

Analysis

Data-derived

Company Overview

DTF Tax-Free Income 2028 Term Fund Inc. (DTF) is capitalised at $79.86M on the latest close. It is classified in the Asset Management industry, within the Financial Services sector.

The most recent close on file for DTF is $11.36, dated October 21, 2026. That is +$0.06 (+0.53%) against the previous close. The 52-week range on file runs from $11.14 to $11.61. The latest close sits 1.97% above that 52-week low.

Financial Health

The most recent full year on file, fiscal 2025, shows revenue of $2.83M. That is −38.86% against the prior fiscal year, when revenue was $4.63M. The same year closed with net income of $2.34M. That is −44.66% against the prior fiscal year. The reported profit margin is 106.03%. That is 31.1 percentage points above the Asset Management median of 74.97%. Earnings per share on a trailing basis come to 0.41.

Across the 4 fiscal years on file, revenue moves from −$22.21M in 2022 to $2.83M in 2025. Of those 4 years, 3 report positive net income.

Valuation Assessment

On trailing earnings, the shares are priced at 27.71 times earnings. That is 193.54% above the Asset Management median of 9.44. The price-to-sales ratio is 29.18. On price-to-sales that is 3.4 times the Asset Management median of 8.59. 512 Asset Management companies report these metrics, and the medians quoted come from that group.

Beta against the wider market is reported at 0.29. Annualized volatility over the trailing 10 years is 9.5%. The trailing one-year total return is +2.09%. Across 10 years the annualized return works out at +0.64%.

Growth & Income

The trailing dividend yield is 3.45%. That is 5.5 percentage points below the Asset Management median yield of 8.91%. The indicated annual rate is $0.39 a share. The ex-dividend date on file is November 16, 2026. Dividends are recorded for 11 calendar years; 2026 shows 9 payments totalling $0.30 a share. The year before, 2025, totalled $0.40 a share.

Across the complete calendar years on file, 2019 returned +23.44% and 2022 returned −21.13%. Of the 9 complete calendar years on file, 7 finished higher. 2026 is still running; the total return is +1.50% year to date.

Peer Comparison

DTF Tax-Free Income 2028 Term Fund Inc. (DTF) operates in the Asset Management industry. Here is how it compares to its closest peers by market capitalization:

Company	Ticker	Market Cap	P/E Ratio
DTF Tax-Free Income 2028 Term Fund Inc.	DTF	$79.86M	27.7
BlackRock, Inc.	BLK	$184.31B	25.8
Blackstone Inc.	BX	$127.43B	23.9
Brookfield Corporation	BN	$83.74B	69.5

The Asset Management industry average P/E ratio is 9.4x. DTF Tax-Free Income 2028 Term Fund Inc. trades at a P/E of 27.7.

Every figure above is read from this page's own data on each daily rebuild. Informational only, not financial advice. As of October 21, 2026.

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About DTF Tax-Free Income 2028 Term Fund Inc.

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. It invests in the fixed income markets of the United States. It was formerly known as DTF Tax-Free Income Inc. DTF Tax-Free Income 2028 Term Fund Inc. was formed on November, 1991 and is domiciled in the United States.

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