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DTF (DTF Tax-Freeome 2028 Term Fund) 5-Year Yield-on-Cost % : 2.92 (As of Apr. 17, 2025)


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What is DTF Tax-Freeome 2028 Term Fund 5-Year Yield-on-Cost %?

DTF Tax-Freeome 2028 Term Fund's yield on cost for the quarter that ended in Oct. 2024 was 2.92.


The historical rank and industry rank for DTF Tax-Freeome 2028 Term Fund's 5-Year Yield-on-Cost % or its related term are showing as below:

DTF' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 2.35   Med: 2.95   Max: 5.24
Current: 2.92


During the past 8 years, DTF Tax-Freeome 2028 Term Fund's highest Yield on Cost was 5.24. The lowest was 2.35. And the median was 2.95.


DTF's 5-Year Yield-on-Cost % is ranked worse than
82.02% of 1168 companies
in the Asset Management industry
Industry Median: 6.605 vs DTF: 2.92

Competitive Comparison of DTF Tax-Freeome 2028 Term Fund's 5-Year Yield-on-Cost %

For the Asset Management subindustry, DTF Tax-Freeome 2028 Term Fund's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % 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 5-Year Yield-on-Cost % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, DTF Tax-Freeome 2028 Term Fund's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where DTF Tax-Freeome 2028 Term Fund's 5-Year Yield-on-Cost % falls into.


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DTF Tax-Freeome 2028 Term Fund 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of DTF Tax-Freeome 2028 Term Fund is calculated as

Yield-on-Cost=Dividend Yield %*(1+Dividend Growth Rate)^5

DTF Tax-Freeome 2028 Term Fund  (NYSE:DTF) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.


DTF Tax-Freeome 2028 Term Fund 5-Year Yield-on-Cost % Related Terms

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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