Frequently Asked Questions About DTF

What are the top holdings of DTF?

A machine-readable holdings disclosure for DTF Tax-Free Income 2028 Term Fund Inc. (DTF) is not available from our data sources. Fund families sometimes register portfolio filings under a sibling share class or outside the SEC's structured datasets. Rather than estimate, we leave the section blank; the issuer's website carries the authoritative portfolio list.

What sectors does DTF invest in?

DTF Tax-Free Income 2028 Term Fund Inc. (DTF) allocates across the sectors shown above. The largest exposure tops the list; the rest follow in descending weight order.

What sector is DTF most exposed to?

DTF's full sector breakdown is on the Sectors tab. The largest sector weight is shown there along with the rest of the allocation.

Is DTF a US-only fund?

The country allocation card on this page shows DTF's geographic exposure. Funds with > 95% US weight are effectively US-only; international or global funds will show meaningful weights across multiple countries.

What does DTF invest in?

The DTF Tax-Free Income 2028 Term Fund Inc. functions as a closed-end investment company focused on fixed-income assets. It was initiated by Virtus Investment Partners, Inc., and its operations are overseen by Duff & Phelps Investment Management Co. The fund's core investment approach involves constructing a diverse portfolio primarily composed of high-grade, tax-exempt bonds from utility companies. Its holdings encompass a broad range of sectors, including water and sewer infrastructure, electric power providers, prerefunded obligations, pollution control projects, and various non-utility enterprises. All capital is deployed within the U.S. fixed income markets. Established in November 1991 and domiciled in the United States, the fund previously operated under the name DTF Tax-Free Income Inc.

DTF

DTF Tax-Free Income 2028 Term Fund Inc.

NYSE·Asset Management, Income · Financial Services

$11.37$0.10−0.87%

After hours·$11.37+0.00%

Market closed·Oct 30 3:59 PM EDT

Portfolio as of July 31, 2026, from the fund's SEC Form N-PORT filing. Funds disclose holdings quarterly, with a ~60-day publication delay. Sector breakdowns aren't part of this filing, so none is shown.

Top Holdings

holdings

677523SC7
OHIO ST
3.70%
64613CEK0
NEW JERSEY TRANSPORTATION TRUST FUND AUTHORITY (NJ)
3.26%
816691EW5
SEMINOLE COUNTY FLA SALES TAX REV
2.59%
452151YD9
ILLINOIS (IL), STATE OF
2.54%
546417JK3
LOUISIANA ST
2.54%
7485082P2
QUINCY MASS
2.43%
862812DY7
STRATFORD CONN
2.40%
01068LAS9
ALACHUA COUNTY HOUSING FINANCE AUTHORITY (FL)
2.38%
60411PBE0
MINNESOTA RURAL WTR FIN AUTH
2.38%
681712PR0
OMAHA (NE), CITY OF
2.33%
Other
73 more holdings
73.03%

Top 10 holdings

26.54%

Top 25 holdings

51.37%

Concentration index

0.0163

Effective holdings

Chart tools

Open Top Holdings in Chart Builder to fine-tune colors, labels, and timeframe, then download a high-res PNG.

All Holdings (83)

#	TickerHolding	Name	Weight	Shares	Market Value
1	677523SC7677523SC7OHIO ST	OHIO ST	3.70%	3.00M	$3.11M
2	64613CEK064613CEK0NEW JERSEY TRANSPORTATION TRUST FUND AUTHORITY (NJ)	NEW JERSEY TRANSPORTATION TRUST FUND AUTHORITY (NJ)	3.26%	2.50M	$2.75M
3	816691EW5816691EW5SEMINOLE COUNTY FLA SALES TAX REV	SEMINOLE COUNTY FLA SALES TAX REV	2.59%	2.04M	$2.18M
4	452151YD9452151YD9ILLINOIS (IL), STATE OF	ILLINOIS (IL), STATE OF	2.54%	2.02M	$2.14M
5	546417JK3546417JK3LOUISIANA ST	LOUISIANA ST	2.54%	2.00M	$2.14M
6	7485082P27485082P2QUINCY MASS	QUINCY MASS	2.43%	2.00M	$2.04M
7	862812DY7862812DY7STRATFORD CONN	STRATFORD CONN	2.40%	2.00M	$2.02M
8	01068LAS901068LAS9ALACHUA COUNTY HOUSING FINANCE AUTHORITY (FL)	ALACHUA COUNTY HOUSING FINANCE AUTHORITY (FL)	2.38%	2.00M	$2.00M
9	60411PBE060411PBE0MINNESOTA RURAL WTR FIN AUTH	MINNESOTA RURAL WTR FIN AUTH	2.38%	2.00M	$2.00M
10	681712PR0681712PR0OMAHA (NE), CITY OF	OMAHA (NE), CITY OF	2.33%	1.93M	$1.96M
11	66285WHF666285WHF6NORTH TEXAS TOLLWAY AUTHORITY (THE)	NORTH TEXAS TOLLWAY AUTHORITY (THE)	2.07%	1.51M	$1.74M
12	69661KDT469661KDT4PALM COAST FLA	PALM COAST FLA	1.95%	1.60M	$1.64M
13	8827242E68827242E6TEXAS (TX), STATE OF	TEXAS (TX), STATE OF	1.93%	1.50M	$1.62M
14	052477P42052477P42AUSTIN TEX	AUSTIN TEX	1.78%	1.45M	$1.49M
15	20774Y3C920774Y3C9CONNECTICUT STATE HEALTH AND EDUCATIONAL FACILITIES AUTHORITY (CT)	CONNECTICUT STATE HEALTH AND EDUCATIONAL FACILITIES AUTHORITY (CT)	1.74%	1.42M	$1.46M
16	744387AC5744387AC5PUBLIC AUTHORITY FOR COLORADO ENERGY (CO)	PUBLIC AUTHORITY FOR COLORADO ENERGY (CO)	1.73%	1.41M	$1.46M
17	882725CR3882725CR3TEXAS ST	TEXAS ST	1.62%	1.33M	$1.36M
18	347163BY2347163BY2FORT COLLINS-LOVELAND WATER DISTRICT (CO)	FORT COLLINS-LOVELAND WATER DISTRICT (CO)	1.53%	1.25M	$1.29M
19	38611TDR538611TDR5GRAND PARKWAY TRANSPORTATION CORP (TX)	GRAND PARKWAY TRANSPORTATION CORP (TX)	1.52%	1.25M	$1.28M
20	362848UE1362848UE1GAINESVILLE (FL), CITY OF	GAINESVILLE (FL), CITY OF	1.52%	1.26M	$1.28M

Showing 20 of 83

Sectors

The fund issuer's factsheet may carry this breakdown directly.

Countries

Domicile

United States · 99.57%

Asset Classes

Primary asset class

Fixed income

Strategy

Actively Managed

Income strategy

Bond yield

Issuer-reported asset class: Bond

Frequently Asked Questions About DTF

What are the top holdings of DTF?: A machine-readable holdings disclosure for DTF Tax-Free Income 2028 Term Fund Inc. (DTF) is not available from our data sources. Fund families sometimes register portfolio filings under a sibling share class or outside the SEC's structured datasets. Rather than estimate, we leave the section blank; the issuer's website carries the authoritative portfolio list.
What sectors does DTF invest in?: DTF Tax-Free Income 2028 Term Fund Inc. (DTF) allocates across the sectors shown above. The largest exposure tops the list; the rest follow in descending weight order.
What sector is DTF most exposed to?: DTF's full sector breakdown is on the Sectors tab. The largest sector weight is shown there along with the rest of the allocation.
Is DTF a US-only fund?: The country allocation card on this page shows DTF's geographic exposure. Funds with > 95% US weight are effectively US-only; international or global funds will show meaningful weights across multiple countries.
What does DTF invest in?: The DTF Tax-Free Income 2028 Term Fund Inc. functions as a closed-end investment company focused on fixed-income assets. It was initiated by Virtus Investment Partners, Inc., and its operations are overseen by Duff & Phelps Investment Management Co. The fund's core investment approach involves constructing a diverse portfolio primarily composed of high-grade, tax-exempt bonds from utility companies. Its holdings encompass a broad range of sectors, including water and sewer infrastructure, electric power providers, prerefunded obligations, pollution control projects, and various non-utility enterprises. All capital is deployed within the U.S. fixed income markets. Established in November 1991 and domiciled in the United States, the fund previously operated under the name DTF Tax-Free Income Inc.

TickerHolding

Name

Weight

Market Value

677523SC7677523SC7OHIO ST

OHIO ST

3.70%

3.00M

$3.11M

64613CEK064613CEK0NEW JERSEY TRANSPORTATION TRUST FUND AUTHORITY (NJ)

NEW JERSEY TRANSPORTATION TRUST FUND AUTHORITY (NJ)

3.26%

2.50M

$2.75M

816691EW5816691EW5SEMINOLE COUNTY FLA SALES TAX REV

SEMINOLE COUNTY FLA SALES TAX REV

2.59%

2.04M

$2.18M

452151YD9452151YD9ILLINOIS (IL), STATE OF

ILLINOIS (IL), STATE OF

2.54%

2.02M

$2.14M

546417JK3546417JK3LOUISIANA ST

LOUISIANA ST

2.54%

2.00M

$2.14M

7485082P27485082P2QUINCY MASS

QUINCY MASS

2.43%

2.00M

$2.04M

862812DY7862812DY7STRATFORD CONN

STRATFORD CONN

2.40%

2.00M

$2.02M

01068LAS901068LAS9ALACHUA COUNTY HOUSING FINANCE AUTHORITY (FL)

ALACHUA COUNTY HOUSING FINANCE AUTHORITY (FL)

2.38%

2.00M

$2.00M

60411PBE060411PBE0MINNESOTA RURAL WTR FIN AUTH

MINNESOTA RURAL WTR FIN AUTH

2.38%

2.00M

$2.00M

681712PR0681712PR0OMAHA (NE), CITY OF

OMAHA (NE), CITY OF

2.33%

1.93M

$1.96M

66285WHF666285WHF6NORTH TEXAS TOLLWAY AUTHORITY (THE)

NORTH TEXAS TOLLWAY AUTHORITY (THE)

2.07%

1.51M

$1.74M

69661KDT469661KDT4PALM COAST FLA

PALM COAST FLA

1.95%

1.60M

$1.64M

8827242E68827242E6TEXAS (TX), STATE OF

TEXAS (TX), STATE OF

1.93%

1.50M

$1.62M

052477P42052477P42AUSTIN TEX

AUSTIN TEX

1.78%

1.45M

$1.49M

20774Y3C920774Y3C9CONNECTICUT STATE HEALTH AND EDUCATIONAL FACILITIES AUTHORITY (CT)

CONNECTICUT STATE HEALTH AND EDUCATIONAL FACILITIES AUTHORITY (CT)

1.74%

1.42M

$1.46M

744387AC5744387AC5PUBLIC AUTHORITY FOR COLORADO ENERGY (CO)

PUBLIC AUTHORITY FOR COLORADO ENERGY (CO)

1.73%

1.41M

$1.46M

882725CR3882725CR3TEXAS ST

TEXAS ST

1.62%

1.33M

$1.36M

347163BY2347163BY2FORT COLLINS-LOVELAND WATER DISTRICT (CO)

FORT COLLINS-LOVELAND WATER DISTRICT (CO)

1.53%

1.25M

$1.29M

38611TDR538611TDR5GRAND PARKWAY TRANSPORTATION CORP (TX)

GRAND PARKWAY TRANSPORTATION CORP (TX)

1.52%

1.25M

$1.28M

362848UE1362848UE1GAINESVILLE (FL), CITY OF

GAINESVILLE (FL), CITY OF

1.52%

1.26M

$1.28M