DTF Tax Free Income 2028 Term Fund Inc. Announces Dividends
DTF Tax-Free Income 2028 Term Fund (NYSE: DTF) has announced dividend payments for its common stock. The Fund's Board of Directors has authorized these distributions, which are expected to exceed the Fund's net income and net realized capital gains.
The Fund indicates that a portion of these dividends will likely constitute a return of capital to investors. This means shareholders may receive back part of their original investment, which should not be confused with yield or income. The exact tax implications and sources of these distributions will be detailed in Form 1099-DIV, which will be provided to shareholders for tax reporting purposes.
DTF Fondo di Reddito Esente da Tasse 2028 (NYSE: DTF) ha annunciato i pagamenti dei dividendi per le sue azioni ordinarie. Il Consiglio di Amministrazione del Fondo ha autorizzato queste distribuzioni, che si prevede supereranno il reddito netto e i guadagni di capitale realizzati netti del Fondo.
Il Fondo indica che una parte di questi dividendi costituirà probabilmente un ritorno di capitale per gli investitori. Ciò significa che gli azionisti potrebbero ricevere indietro una parte del loro investimento originale, che non deve essere confuso con il rendimento o il reddito. Le esatte implicazioni fiscali e le fonti di queste distribuzioni saranno dettagliate nel Modulo 1099-DIV, che sarà fornito agli azionisti per scopi di dichiarazione fiscale.
Fondo de Ingresos Exentos de Impuestos DTF 2028 (NYSE: DTF) ha anunciado pagos de dividendos para sus acciones ordinarias. La Junta Directiva del Fondo ha autorizado estas distribuciones, que se espera que superen el ingreso neto y las ganancias de capital netas realizadas del Fondo.
El Fondo indica que una parte de estos dividendos probablemente constituirá un retorno de capital para los inversores. Esto significa que los accionistas pueden recibir de vuelta parte de su inversión original, lo cual no debe confundirse con rendimiento o ingresos. Las implicaciones fiscales exactas y las fuentes de estas distribuciones se detallarán en el Formulario 1099-DIV, que se proporcionará a los accionistas para fines de declaración fiscal.
DTF 세금 면제 소득 2028 기한 펀드 (NYSE: DTF)가 보통주에 대한 배당금 지급을 발표했습니다. 펀드 이사회는 이러한 분배를 승인했으며, 이는 펀드의 순소득 및 순실현 자본 이익을 초과할 것으로 예상됩니다.
펀드는 이러한 배당금 중 일부가 투자자에게 자본 반환으로 간주될 가능성이 있다고 언급했습니다. 이는 주주가 원래 투자금의 일부를 다시 받을 수 있음을 의미하며, 수익 또는 소득과 혼동해서는 안 됩니다. 이러한 분배의 정확한 세금 영향 및 출처는 세금 신고 목적으로 주주에게 제공될 1099-DIV 양식에 자세히 설명될 것입니다.
Fonds de Revenus Exonérés d'Impôts DTF 2028 (NYSE: DTF) a annoncé des paiements de dividendes pour ses actions ordinaires. Le Conseil d'Administration du Fonds a autorisé ces distributions, qui devraient dépasser le revenu net et les gains en capital réalisés nets du Fonds.
Le Fonds indique qu'une partie de ces dividendes constituera probablement un retour de capital pour les investisseurs. Cela signifie que les actionnaires pourraient récupérer une partie de leur investissement initial, ce qui ne doit pas être confondu avec le rendement ou le revenu. Les implications fiscales exactes et les sources de ces distributions seront détaillées dans le formulaire 1099-DIV, qui sera fourni aux actionnaires à des fins de déclaration fiscale.
DTF Steuerfreier Einkommensfonds 2028 (NYSE: DTF) hat die Ausschüttung von Dividenden für seine Stammaktien angekündigt. Der Vorstand des Fonds hat diese Ausschüttungen genehmigt, die voraussichtlich das Nettoergebnis und die realisierten Nettokapitalgewinne des Fonds übersteigen werden.
Der Fonds weist darauf hin, dass ein Teil dieser Dividenden wahrscheinlich einen Kapitalrückfluss für die Investoren darstellen wird. Das bedeutet, dass Aktionäre einen Teil ihrer ursprünglichen Investition zurückerhalten könnten, was nicht mit Erträgen oder Einkommen verwechselt werden sollte. Die genauen steuerlichen Auswirkungen und Quellen dieser Ausschüttungen werden im Formular 1099-DIV detailliert, das den Aktionären zu steuerlichen Zwecken zur Verfügung gestellt wird.
- Continued dividend payments maintained for shareholders
- Dividends expected to exceed Fund's net income and capital gains, indicating unsustainable distribution levels
- Return of capital suggests the Fund is returning investors' principal rather than generating sufficient income
Per Share Amount |
Ex-Date |
Record Date |
Payable Date |
|
April 15, 2025 |
April 15, 2025 |
April 30, 2025 |
|
May 15, 2025 |
May 15, 2025 |
May 30, 2025 |
|
June 16, 2025 |
June 16, 2025 |
June 30, 2025 |
The Fund estimates that the above dividends are likely to exceed the Fund’s net income and net realized capital gains; therefore, a portion of these dividends is likely to result in a return of capital. A return of capital may occur, for example, when some or all of the money that you invested is paid back to you. A return of capital distribution does not necessarily reflect the Fund’s investment performance and should not be confused with “yield” or “income.” The actual amounts and sources of the amounts for tax reporting purposes will depend upon the Fund's investment experience during the remainder of the fiscal year and may be subject to changes based on tax regulations. The Fund or your broker will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes.
About the Fund
DTF Tax-Free Income 2028 Term Fund Inc. is a diversified closed-end investment management company whose investment objective is current income exempt from regular federal income tax consistent with preservation of capital. The Fund seeks to achieve its investment objective by investing in a diversified portfolio of investment-grade tax-exempt obligations. For more information, visit dpimc.com/dtf or call (800) 864-0629.
About the Investment Adviser
Duff & Phelps Investment Management Co. is a boutique investment manager that specializes in listed real asset strategies for institutional and individual clients. An affiliated manager of Virtus Investment Partners, Inc. (NYSE: VRTS), the firm began in 1932 as a fundamental research firm and has been managing assets since 1979. The firm seeks to provide specialty investment strategies that enhance client outcomes through active portfolio management and customized solutions, utilizing a process with values that include quality, reliability, and specialization. Investment strategies include
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For Further Information:
DTF Tax Free 2028 Term Fund Inc.
(833) 604-3163
Source: DTF Tax-Free Income 2028 Term Fund Inc.
FAQ
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