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

Hara Capital LLC increased its position in shares of DTF Tax-Free Income 2028 Term Fund Inc. (NYSE:DTF) by 27.6% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 462,306 shares of the investment management company’s stock after purchasing an additional 100,075 shares during the period. DTF Tax-Free Income 2028 Term Fund makes up 3.2% of Hara Capital LLC’s portfolio, making the stock its 6th largest holding. Hara Capital LLC owned about 6.58% of DTF Tax-Free Income 2028 Term Fund worth $5,210,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in DTF. J.W. Cole Advisors Inc. bought a new stake in DTF Tax-Free Income 2028 Term Fund in the third quarter worth about $138,000. Sanctuary Advisors LLC bought a new stake in shares of DTF Tax-Free Income 2028 Term Fund during the 2nd quarter worth approximately $216,000. Almitas Capital LLC boosted its holdings in DTF Tax-Free Income 2028 Term Fund by 1.2% during the 2nd quarter. Almitas Capital LLC now owns 353,247 shares of the investment management company’s stock valued at $3,872,000 after acquiring an additional 4,274 shares during the period. Finally, Beverly Hills Private Wealth LLC grew its position in 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 acquiring an additional 29,990 shares during the last quarter. 43.81% of the stock is currently owned by institutional investors.

DTF Tax-Free Income 2028 Term Fund Stock Up 0.4 %

Shares of NYSE:DTF traded up $0.04 on Thursday, hitting $11.26. 100 shares of the company’s stock were exchanged, compared to its average volume of 13,945. DTF Tax-Free Income 2028 Term Fund Inc. has a 12 month low of $10.62 and a 12 month high of $11.45. The business’s 50 day simple moving average is $11.27 and its two-hundred day simple moving average is $11.10.

DTF Tax-Free Income 2028 Term Fund Announces Dividend

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

About DTF Tax-Free Income 2028 Term Fund

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.