DTF TAX-FREE INCOME INC. ANNOUNCES SPECIAL DISTRIBUTION

DTF Tax-Free Income Inc. (NYSE: DTF) announced a special taxable distribution of $0.164537 per share, set to be paid on January 11, 2022.

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Rhea-AI Summary

DTF Tax-Free Income Inc. (NYSE: DTF) announced a special taxable distribution of $0.164537 per share, set to be paid on January 11, 2022. Shareholders of record as of December 30, 2021 will receive this distribution. The breakdown includes $0.164481 from long-term capital gains and $0.000056 from short-term capital gains. The ex-dividend date is December 29, 2021. DTF focuses on providing current income exempt from federal income tax through a diversified portfolio of investment-grade tax-exempt obligations.

Positive

Announcing a special distribution of $0.164537 per share reflects positive cash flow and shareholder value.
The distribution includes a significant portion from long-term capital gains ($0.164481), indicating potential profitability.

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12/16/2021 - 05:02 PM

CHICAGO, Dec. 16, 2021 /PRNewswire/ -- DTF Tax-Free Income Inc. (NYSE: DTF) (the "Fund") is announcing today a special taxable distribution of $0.164537 per share, payable on January 11, 2022 to its common shareholders of record on December 30, 2021. The breakdown of the distribution on a per-share basis is as follows:

Description	Amount	Ex-Dividend Date	Record Date	Payable Date
Short-term capital gains	$0.000056
Long-term capital gains	$0.164481
Total Distribution	$0.164537	12/29/2021	12/30/2021	1/11/2021

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 $177.3 billion under management as of September 30, 2021. 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.

View original content:https://www.prnewswire.com/news-releases/dtf-tax-free-income-inc-announces-special-distribution-301447004.html

SOURCE DTF Tax-Free Income Inc.

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DTF TAX-FREE INCOME INC. ANNOUNCES SPECIAL DISTRIBUTION