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DTF (DTF Tax-Freeome 2028 Term Fund) Price-to-Tangible-Book : 0.94 (As of Jul. 10, 2025)


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What is DTF Tax-Freeome 2028 Term Fund Price-to-Tangible-Book?

As of today (2025-07-10), DTF Tax-Freeome 2028 Term Fund's share price is $11.2526. DTF Tax-Freeome 2028 Term Fund's Tangible Book per Share of Apr. 2025 for the quarter that ended in Apr. 2025 was $12.02. Hence, DTF Tax-Freeome 2028 Term Fund's Price to Tangible Book Ratio of today is 0.94.

The historical rank and industry rank for DTF Tax-Freeome 2028 Term Fund's Price-to-Tangible-Book or its related term are showing as below:

DTF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.84   Med: 0.9   Max: 0.94
Current: 0.94

During the past 8 years, DTF Tax-Freeome 2028 Term Fund's highest Price to Tangible Book Ratio was 0.94. The lowest was 0.84. And the median was 0.90.

DTF's Price-to-Tangible-Book is ranked better than
55.13% of 1589 companies
in the Asset Management industry
Industry Median: 0.95 vs DTF: 0.94

A closely related ratio is called PB Ratio. As of today, DTF Tax-Freeome 2028 Term Fund's share price is $11.2526. DTF Tax-Freeome 2028 Term Fund's Book Value per Sharefor the quarter that ended in Apr. 2025 was $12.02. Hence, DTF Tax-Freeome 2028 Term Fund's P/B Ratio of today is 0.94.


DTF Tax-Freeome 2028 Term Fund Price-to-Tangible-Book Historical Data

The historical data trend for DTF Tax-Freeome 2028 Term Fund's Price-to-Tangible-Book can be seen below:

* 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.

* Premium members only.

DTF Tax-Freeome 2028 Term Fund Price-to-Tangible-Book Chart

DTF Tax-Freeome 2028 Term Fund Annual Data
Trend Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24
Price-to-Tangible-Book
Get a 7-Day Free Trial 0.90 0.91 0.91 0.88 0.92

DTF Tax-Freeome 2028 Term Fund Semi-Annual Data
Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.88 0.88 0.89 0.92 0.93

Competitive Comparison of DTF Tax-Freeome 2028 Term Fund's Price-to-Tangible-Book

For the Asset Management subindustry, DTF Tax-Freeome 2028 Term Fund's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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's Price-to-Tangible-Book Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, DTF Tax-Freeome 2028 Term Fund's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where DTF Tax-Freeome 2028 Term Fund's Price-to-Tangible-Book falls into.


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DTF Tax-Freeome 2028 Term Fund Price-to-Tangible-Book Calculation

DTF Tax-Freeome 2028 Term Fund's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Apr. 2025 )
=11.2526/12.019
=0.94

* 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.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.


DTF Tax-Freeome 2028 Term Fund Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of DTF Tax-Freeome 2028 Term Fund's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


DTF Tax-Freeome 2028 Term Fund Business Description

Traded in Other Exchanges
N/A
Address
10 South Wacker Drive, Suite 1900, 19th Floor, Chicago, IL, USA, 60606
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 primarily in a diversified portfolio of investment-grade tax-exempt obligations.
Executives
Grumhaus David D Jr. other: Officer of Investment Adviser 200 S. WACKER DRIVE, SUITE 500, CHICAGO IL 60606
Mareile B. Cusack director DUFF & PHELPS INVESTMENT MANAGEMENT CO., 200 SOUTH WACKER DRIVE, SUITE 500, CHICAGO IL 60640
Timothy P. Riordan officer: Vice President DUFF & PHELPS INVESTMENT MANAGEMENT CO., 200 SOUTH WACKER DRIVE, SUITE 500, CHICAGO IL 60640
Kathleen Hegyi officer: CCO C/O DUFF & PHELPS INVESTMENT MANAGEMENT, 200 SOUTH WACKER DRIVE, CHICAGO IL 60606
Dusty L. Self officer: Vice President VIRTUS INVESTMENT PARTNERS, INC., 301 EAST PINE STREET, SUITE 500, ORLANDO FL 32801
Ronald H. Schwartz officer: Vice President VIRTUS INVESTMENT PARTNERS, INC., 301 EAST PINE STREET, SUITE 500, ORLANDO FL 32801
Wells Fargo & Company/mn 10 percent owner 420 MONTGOMERY STREET, SAN FRANCISCO CA 94163
Jpmorgan Chase Bank, N.a. 10 percent owner 1111 POLARIS PARKWAY, COLUMBUS OH 43240
George W Karpus other: See Explanation of Responses
Karpus Management, Inc. 10 percent owner 183 SULLY'S TRAIL, PITTSFORD NY 14534
Lisa Leonard officer: Vice President GATEWAY CENTER THREE, 1100 MUBERRY STREET, 4TH FLOOR, NEWARK NJ 07102
Timothy M Heaney officer: VP & Chief Investment Officer GATEWAY CENTER THREE, 1100 MUBERRY STREET, 4TH FLOOR, NEWARK NJ 07102
Hoffman Clifford W. Jr. director C/O DUFF & PHELPS INVESTMENT MANAGEMENT, 200 E. WACKER DR., CHICAGO IL 60606
Wells Fargo Bank N A 10 percent owner 101 NORTH PHILLIPS AVENUE, SIOUX FALLS SD 57104
Wells Fargo Municipal Capital Strategies, Llc 10 percent owner 375 PARK AVENUE, NEW YORK NY 10152