DTF Tax-Free Income Inc. Announces Special Distribution
CHICAGO, Dec. 19, 2019 /PRNewswire/ -- DTF Tax-Free Income Inc. (NYSE: DTF) (the "Fund") is announcing today a special taxable distribution of $0.005843 per share, payable on January 8, 2020 to its common shareholders of record on December 31, 2019. The breakdown of the distribution on a per-share basis is as follows:
Description |
Amount |
Ex-Dividend |
Record |
Payable |
Long-term capital gains |
$0.005843 |
|||
Total Distribution |
$0.005843 |
12/30/2019 |
12/31/2019 |
1/08/2020 |
For questions regarding taxable distributions, please consult your tax adviser.
About the Fund
DTF Tax-Free Income Inc. is a closed-end diversified investment management company whose investment objective is current income exempt from regular federal income tax consistent with preservation of capital. The fund seeks to achieve its investment objective by investing in a diversified portfolio of investment-grade tax-exempt obligations. For more information, visit www.dpimc.com/dtf or call (800) 338-8214.
About the Investment Adviser
Duff & Phelps Investment Management Co. has more than 40 years of experience managing investment portfolios, including institutional separate accounts and open- and closed-end funds investing in utilities, infrastructure and real estate investment trusts (REITs). For more information, visit www.dpimc.com.
Duff & Phelps is a subsidiary of Virtus Investment Partners (NASDAQ: VRTS), a multi-boutique asset manager with $104.1 billion under management as of September 30, 2019. Virtus provides investment management products and services to individuals and institutions through a multi-manager asset management business, comprising a number of individual affiliated managers, each with a distinct investment style, autonomous investment process and individual brand. Additional information can be found at www.virtus.com.
SOURCE DTF Tax-Free Income Inc.
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