DTF Tax-Free Income 2028 Term Fund Inc.

DTF Tax-Free Income 2028 Term Fund Inc.verified

DTF

Price:

$10.99

Market Cap:

$77.25M

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.[Read more]

Industry

Asset Management - Income

IPO Date

1991-11-22

Stock Exchange

NYSE

Ticker

DTF

The Current Ratio as of December 2024 (TTM) for DTF Tax-Free Income 2028 Term Fund Inc. (DTF) is 1.46

According to DTF Tax-Free Income 2028 Term Fund Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 1.46. This represents a change of -85.42% compared to the average of 10.01 of the last 4 quarters.

DTF Tax-Free Income 2028 Term Fund Inc. (DTF) Historical Current Ratio (quarterly & annually)

How has DTF Current Ratio performed in the past?

The mean historical Current Ratio of DTF Tax-Free Income 2028 Term Fund Inc. over the last ten years is 26.93. The current 1.46 Current Ratio has changed 442.03% with respect to the historical average. Over the past ten years (40 quarters), DTF's Current Ratio was at its highest in in the July 2022 quarter at 208.14. The Current Ratio was at its lowest in in the January 2024 quarter at 1.46.

Quarterly (TTM)
Annual

Average

26.93

Median

3.57

Minimum

1.67

Maximum

208.06

DTF Tax-Free Income 2028 Term Fund Inc. (DTF) Current Ratio by Quarter and Year

Discovering the peaks and valleys of DTF Tax-Free Income 2028 Term Fund Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 5.98%

Maximum Annual Current Ratio = 208.06

Minimum Annual Increase = -94.55%

Minimum Annual Current Ratio = 1.67

Quarterly (TTM)
Annual
YearCurrent RatioChange
202311.34-94.55%
2022208.065.98%
20213.4218.78%
20202.88-22.37%
20193.7174.19%
20182.13-78.73%
201710.02498.54%
20161.67-92.93%
201523.67893.36%
20142.38-93.87%

DTF Tax-Free Income 2028 Term Fund Inc. (DTF) Average Current Ratio

How has DTF Current Ratio performed in the past?

The current Current Ratio of DTF Tax-Free Income 2028 Term Fund Inc. (DTF) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

74.27

5-year avg

45.88

10-year avg

26.93

DTF Tax-Free Income 2028 Term Fund Inc. (DTF) Current Ratio vs. Peers

How is DTF’s Current Ratio compared to its peers?

DTF Tax-Free Income 2028 Term Fund Inc.’s Current Ratio is less than MFS Investment Grade Municipal Trust (3.11), less than Virtus Convertible & Income 2024 Target Term Fund (2.04), greater than Eaton Vance National Municipal Opportunities Trust (0), greater than Invesco High Income 2024 Target Term Fund (0), less than MFS High Yield Municipal Trust (4.15), greater than MFS Municipal Income Trust (0.05), greater than MFS Government Markets Income Trust (0.39), greater than BlackRock MuniHoldings New York Quality Fund, Inc. (0.79), less than Nuveen California Select Tax-Free Income Portfolio (3.14), less than Federated Hermes Premier Municipal Income Fund (4.36), greater than DWS Municipal Income Trust (0.52), greater than BlackRock MuniYield Quality Fund, Inc. (1.03), greater than BlackRock Municipal Income Fund, Inc. (0.03), greater than BlackRock MuniHoldings Quality Fund II, Inc. (0.13),

Build a custom stock screener for DTF Tax-Free Income 2028 Term Fund Inc. (DTF) and other stocks

One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like DTF Tax-Free Income 2028 Term Fund Inc. using the financials and key metrics that matter to you in a single view.

The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:

Custom stock screener in Wisesheets

Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.

Get your free trial here.

DTF Tax-Free Income 2028 Term Fund Inc. (DTF) and other stocks custom spreadsheet templates

The easiest way to analyze a company like DTF Tax-Free Income 2028 Term Fund Inc. or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.

Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.

Custom stock templates in Wisesheets

Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.

Frequently asked questions❓

What is the Current Ratio?

How can you use the Current Ratio?

What is DTF Tax-Free Income 2028 Term Fund Inc.'s Current Ratio?

How is the Current Ratio calculated for DTF Tax-Free Income 2028 Term Fund Inc. (DTF)?

What is the highest Current Ratio for DTF Tax-Free Income 2028 Term Fund Inc. (DTF)?

What is the 3-year average Current Ratio for DTF Tax-Free Income 2028 Term Fund Inc. (DTF)?

What is the 5-year average Current Ratio for DTF Tax-Free Income 2028 Term Fund Inc. (DTF)?

How does the current Current Ratio for DTF Tax-Free Income 2028 Term Fund Inc. (DTF) compare to its historical average?