Avise Financial Cooperative Inc. Makes New Investment in DTF Tax-Free Income 2028 Term Fund Inc. $DTF

Posted by Stanley Muller on Jun 5th, 2026

Avise Financial Cooperative Inc. purchased a new position in shares of DTF Tax-Free Income 2028 Term Fund Inc. (NYSE:DTF – Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 47,027 shares of the investment management company’s stock, valued at approximately $537,000.

A number of other institutional investors have also recently bought and sold shares of DTF. Focus Partners Wealth acquired a new position in DTF Tax-Free Income 2028 Term Fund during the first quarter worth approximately $190,000. Raymond James Financial Inc. acquired a new position in DTF Tax-Free Income 2028 Term Fund during the second quarter worth approximately $69,000. Seven Mile Advisory acquired a new position in DTF Tax-Free Income 2028 Term Fund during the third quarter worth approximately $1,446,000. Hara Capital LLC grew its position in shares of DTF Tax-Free Income 2028 Term Fund by 4.7% in the fourth quarter. Hara Capital LLC now owns 288,189 shares of the investment management company’s stock valued at $3,291,000 after purchasing an additional 12,898 shares during the last quarter. Finally, Savvy Advisors Inc. acquired a new position in shares of DTF Tax-Free Income 2028 Term Fund in the fourth quarter valued at approximately $166,000. Institutional investors and hedge funds own 43.81% of the company’s stock.

DTF Tax-Free Income 2028 Term Fund Stock Up 0.5%

DTF Tax-Free Income 2028 Term Fund stock opened at $11.52 on Friday. DTF Tax-Free Income 2028 Term Fund Inc. has a 12 month low of $11.12 and a 12 month high of $11.60. The stock’s 50 day moving average is $11.44 and its 200-day moving average is $11.42.

DTF Tax-Free Income 2028 Term Fund Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Monday, June 29th. Stockholders of record on Monday, June 15th will be given a $0.0325 dividend. The ex-dividend date of this dividend is Monday, June 15th. This represents a c) annualized dividend and a dividend yield of 3.4%.

DTF Tax-Free Income 2028 Term Fund Company Profile

(Free Report)

DTF Tax-Free Income 2028 Term Fund (NYSE:DTF) is a closed-end management investment company that seeks to provide shareholders with tax-exempt current income and return of capital on a specified termination date in 2028. The fund pursues its investment objective primarily by investing in a diversified portfolio of municipal securities issued by state and local governmental entities across the United States. Its portfolio typically focuses on investment-grade obligations, though it may allocate assets across different maturities to manage income generation and portfolio duration.

The fund is structured to liquidate its holdings and return net assets to shareholders upon reaching its scheduled termination date in August 2028.