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

Section 19(a) Distribution Notice

CUSIP:

23334J107

Record Date:

July 17, 2023

Payable Date:

July 31, 2023

Distribution Amount per share: $

0.0325

The following table sets forth the estimated amounts of the current distribution together with the cumulative distributions paid this fiscal year-to-date (YTD) from the following sources: net investment income, realized capital gains and return of capital. The Fund's fiscal year ends on October 31. All amounts are expressed per share of common stock based on U.S. generally accepted accounting principles, which may differ from federal income tax regulations.

Distribution Estimates

Current Distribution

Fiscal YTD

% of

% of

Per Share

Current

Per Share

Cumulative

Sources

Amount

Distribution

Amount

Distributions

Net Investment Income

$

0.0156

48%

$

0.1917

74%

Net Realized Capital Gains

-

-

-

-

Return of Capital

0.0169

52%

0.0683

26%

Total (per common share)

$

0.0325

100%

$

0.2600

100%

The Fund estimates that it has distributed more than its net income and net realized capital gains; therefore, a portion of your distribution may be 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 amounts and sources of distributions reported in this notice are only estimates and are not being provided for tax reporting purposes. 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.

Attachments

  • Original Link
  • Original Document
  • Permalink

Disclaimer

DTF Tax-Free Income Inc. published this content on 31 August 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 31 August 2023 18:11:06 UTC.