DTF (DTF Tax-Freeome 2028 Term Fund) Pretax Margin %: 89.64% (As of Oct. 2025) — Near Median


DTF DTF Tax-Free Income 2028 Term Fund Inc DTF
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What is DTF Tax-Freeome 2028 Term Fund Pretax Margin %?

DTF Tax-Freeome 2028 Term Fund DTF 35 Pretax Margin % is 89.64% as of Oct. 2025, which is 2% above its 10-year median of 87.83. GuruFocus rates DTF with a GF Score™ of 35/100. The stock has 7 warning signs investors should review. Among 1,580 Asset Management companies, DTF Tax-Freeome 2028 Term Fund ranks worse than 55.32% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. DTF Tax-Freeome 2028 Term Fund's Pre-Tax Income for the six months ended in Oct. 2025 was $2.16 Mil. DTF Tax-Freeome 2028 Term Fund's Revenue for the six months ended in Oct. 2025 was $2.41 Mil. Therefore, DTF Tax-Freeome 2028 Term Fund's pretax margin for the quarter that ended in Oct. 2025 was 89.64%.

The historical rank and industry rank for DTF Tax-Freeome 2028 Term Fund's Pretax Margin % or its related term are showing as below:

DTF' s Pretax Margin % Range Over the Past 10 Years
Min: 65.58   Med: 87.83   Max: 117.03
Current: 82.63


DTF's Pretax Margin % is ranked worse than
55.32% of 1580 companies
in the Asset Management industry
Industry Median: 89.475 vs DTF: 82.63

DTF Tax-Freeome 2028 Term Fund  (NYSE:DTF) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


DTF Tax-Freeome 2028 Term Fund Pretax Margin % Related Terms


DTF Tax-Freeome 2028 Term Fund Pretax Margin % Historical Data

* Premium members only.

The historical data trend for DTF Tax-Freeome 2028 Term Fund's Pretax Margin % 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.

DTF Tax-Freeome 2028 Term Fund Pretax Margin % Chart

DTF Tax-Freeome 2028 Term Fund Annual Data
Trend Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only 77.23 102.33 86.05 91.32 82.63

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 Oct25
Pretax Margin % 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 Premium Member Only 109.65 92.85 88.07 42.38 89.64

DTF vs HNNA, PFX, GDO: Pretax Margin % Comparison

For the Asset Management subindustry, DTF Tax-Freeome 2028 Term Fund's Pretax Margin %, along with its competitors' market caps and Pretax Margin % 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 Pretax Margin % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, DTF Tax-Freeome 2028 Term Fund's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where DTF Tax-Freeome 2028 Term Fund's Pretax Margin % falls into.


DTF
35GF Score
DTF Tax-Free Income 2028 Term Fund Inc DTF
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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DTF Tax-Freeome 2028 Term Fund Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

DTF Tax-Freeome 2028 Term Fund's Pretax Margin for the fiscal year that ended in Oct. 2025 is calculated as

Pretax Margin=Pre-Tax Income (A: Oct. 2025 )/Revenue (A: Oct. 2025 )
=2.341/2.833
=82.63 %

DTF Tax-Freeome 2028 Term Fund's Pretax Margin for the quarter that ended in Oct. 2025 is calculated as

Pretax Margin=Pre-Tax Income (Q: Oct. 2025 )/Revenue (Q: Oct. 2025 )
=2.163/2.413
=89.64 %

* 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.

Frequently Asked Questions Learn more about Pretax Margin % →
What does a Pretax Margin % of 89.64% mean?
DTF Tax-Freeome 2028 Term Fund (DTF) has a Pretax Margin % of 89.64% as of Oct. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on DTF Tax-Freeome 2028 Term Fund and its competitors. This is near median its historical median of 87.83. Over the past decade, DTF Tax-Freeome 2028 Term Fund's Pretax Margin % has ranged from 65.58 to 117.03. According to the industry distribution chart, DTF Tax-Freeome 2028 Term Fund ranks #874 out of 1580 companies in the Asset Management industry, placing it in the top 55.3%.
Is DTF Tax-Freeome 2028 Term Fund's Pretax Margin % too high?
DTF Tax-Freeome 2028 Term Fund's current Pretax Margin % of 89.64% is near median its 10-year median of 87.83. Over the past 10 years, this metric has ranged from a low of 65.58 to a high of 117.03. The Asset Management industry median Pretax Margin % is 89.48. DTF Tax-Freeome 2028 Term Fund's value of 89.64% is 0.2% above this industry median. Based on the distribution chart, DTF Tax-Freeome 2028 Term Fund ranks #874 out of 1580 companies in the Asset Management industry, which is below the industry midpoint. Overall, DTF Tax-Freeome 2028 Term Fund has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does DTF Tax-Freeome 2028 Term Fund's Pretax Margin % compare to HNNA and PFX?
According to the Asset Management industry distribution chart, DTF Tax-Freeome 2028 Term Fund ranks #874 out of 1580 companies for Pretax Margin %. This places DTF Tax-Freeome 2028 Term Fund in the lower half of its industry. The industry median Pretax Margin % is 89.48. DTF Tax-Freeome 2028 Term Fund's value of 89.64% is 0.2% above this benchmark. Historically, DTF Tax-Freeome 2028 Term Fund's own Pretax Margin % has ranged from 65.58 to 117.03 over the past decade. While the company's 10-year median is 87.83 vs. the industry median of 89.48, DTF Tax-Freeome 2028 Term Fund has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pretax Margin % for an Asset Management company?
The median Pretax Margin % among Asset Management companies is 89.48, based on 1,580 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. DTF Tax-Freeome 2028 Term Fund's current Pretax Margin % of 89.64% is 0.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on DTF Tax-Freeome 2028 Term Fund and its competitors. For the Asset Management industry, the median Pretax Margin % is 89.48 — 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 Pretax Margin % is 89.64%, which is near median its own 10-year median of 87.83. 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?
DTF Tax-Freeome 2028 Term Fund (DTF) has a current Pretax Margin % of 89.64%. The current Pretax Margin % is 89.64%, which is near median its 10-year median of 87.83 and 0.2% above the Asset Management industry median of 89.48. DTF Tax-Freeome 2028 Term Fund's overall GF Score™ is 35/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For DTF Tax-Freeome 2028 Term Fund (DTF), the current Pretax Margin % is 89.64% as of Oct. 2025. 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.

DTF Tax-Freeome 2028 Term Fund Business Description

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 mainly in a diversified portfolio of investment-grade tax-exempt obligations.
35GF Score

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