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A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for DTF Tax-Freeome 2028 Term Fund's Debt-to-Equity or its related term are showing as below:
DTF's Debt-to-Equity is not ranked *
in the Asset Management industry.
Industry Median: 0.21 * Ranked among companies with meaningful Debt-to-Equity only.
DTF Tax-Freeome 2028 Term Fund (NYSE:DTF) Debt-to-Equity Explanation
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
DTF Tax-Freeome 2028 Term Fund Debt-to-Equity Related Terms
DTF Tax-Freeome 2028 Term Fund Debt-to-Equity Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
DTF Tax-Freeome 2028 Term Fund Debt-to-Equity Chart
For the Asset Management subindustry, DTF Tax-Freeome 2028 Term Fund's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
DTF Tax-Freeome 2028 Term Fund Debt-to-Equity vs Asset Management Industry
For the Asset Management industry and Financial Services sector, DTF Tax-Freeome 2028 Term Fund's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where DTF Tax-Freeome 2028 Term Fund's Debt-to-Equity falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
DTF Tax-Freeome 2028 Term Fund (DTF) has a Debt-to-Equity of 0.00 as of Apr. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on DTF Tax-Freeome 2028 Term Fund and its competitors. According to the industry distribution chart, DTF Tax-Freeome 2028 Term Fund ranks #999999 out of 962 companies in the Asset Management industry.
Is DTF Tax-Freeome 2028 Term Fund's Debt-to-Equity too high?
DTF Tax-Freeome 2028 Term Fund's current Debt-to-Equity is 0.00. Based on the distribution chart, DTF Tax-Freeome 2028 Term Fund ranks #999999 out of 962 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, DTF Tax-Freeome 2028 Term Fund has a GF Score™ of 56/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does DTF Tax-Freeome 2028 Term Fund's Debt-to-Equity compare to GLV and GDO?
According to the Asset Management industry distribution chart, DTF Tax-Freeome 2028 Term Fund ranks #999999 out of 962 companies for Debt-to-Equity. This places DTF Tax-Freeome 2028 Term Fund in the lower half of its industry. The industry median Debt-to-Equity is 0.21. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for an Asset Management company?
The median Debt-to-Equity among Asset Management companies is 0.21, based on 962 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on DTF Tax-Freeome 2028 Term Fund and its competitors. For the Asset Management industry, the median Debt-to-Equity is 0.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DTF Tax-Freeome 2028 Term Fund's current Debt-to-Equity is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DTF Tax-Freeome 2028 Term Fund stock overvalued right now?
Based on GuruFocus' analysis, DTF Tax-Freeome 2028 Term Fund (DTF) is currently considered Fairly Valued. The stock's GF Value™ is $12.23, compared to a current price of $11.48 — trading 6.1% below its estimated fair value. The current Debt-to-Equity is 0.00. DTF Tax-Freeome 2028 Term Fund's overall GF Score™ is 56/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For DTF Tax-Freeome 2028 Term Fund (DTF), the current Debt-to-Equity is 0.00 as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is DTF Tax-Freeome 2028 Term Fund (DTF) Overvalued in 2026?
Based on GuruFocus' analysis, DTF Tax-Freeome 2028 Term Fund stock appears to be undervalued.
The current stock price of $11.48 is trading 6.1% below its estimated GF Value™ of $12.23.
GuruFocus considers DTF Tax-Freeome 2028 Term Fund to be Fairly Valued.
Key valuation signals for DTF:
Debt-to-Equity: 0.00
GF Value™: $12.23 vs. price of $11.48 (6.1% below fair value)
No single metric tells the full story. See the DTF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
DTF Tax-Freeome 2028 Term Fund Business Description
DTF Tax-Free Income 2028 Term Fund Inc is a diversified closed-end management investment company. The Fund's investment objective is current income exempt from regular federal income tax consistent with the preservation of capital. It seeks to achieve its investment objective by investing mainly in a diversified portfolio of investment-grade tax-exempt obligations.
56GF Score
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