Focus Partners Wealth reports 6.8% DTF (DTF) stake in Schedule 13G filing

Rhea-AI Filing Summary

DTF Tax-Free Income 2028 Fund Inc reported that Focus Partners Wealth, LLC has filed a Schedule 13G as a significant shareholder. Focus Partners Wealth beneficially owns 481,004 common shares, representing 6.8% of the fund’s outstanding common shares, with sole voting and dispositive power over this stake. The filing states the position was acquired and is held in the ordinary course of business and not for the purpose of changing or influencing control of the fund.

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Accepted by SEC EDGAR 02/13/2026 - 01:01 PM Learn about SEC filing dates

FAQ

What does the Schedule 13G filing reveal about DTF (DTF) ownership?

The filing shows Focus Partners Wealth, LLC beneficially owns 481,004 common shares of DTF Tax-Free Income 2028 Fund Inc, representing 6.8% of the class. This stake gives the firm a reportable, but passive, ownership interest under SEC rules.

Who is the reporting person in the DTF (DTF) Schedule 13G?

The reporting person is Focus Partners Wealth, LLC, organized in Missouri. Its principal office is listed at 190 Carondelet Plaza, Suite 600, St. Louis, Missouri 63105, and it reports holdings in DTF Tax-Free Income 2028 Fund Inc common shares under SEC beneficial ownership rules.

How many DTF (DTF) shares does Focus Partners Wealth beneficially own?

Focus Partners Wealth beneficially owns 481,004 common shares of DTF Tax-Free Income 2028 Fund Inc. It reports sole voting power and sole dispositive power over all 481,004 shares, with no shared voting or shared dispositive authority over this position.

What percentage of DTF (DTF) does Focus Partners Wealth hold?

Focus Partners Wealth reports holding 6.8% of the outstanding common shares of DTF Tax-Free Income 2028 Fund Inc. Crossing the 5% ownership threshold triggers the requirement to file a Schedule 13G or 13D under SEC beneficial ownership regulations.

Is Focus Partners Wealth’s DTF (DTF) stake intended to influence control?

The filing states the DTF shares were acquired and are held in the ordinary course of business. It specifies they were not acquired for the purpose of changing or influencing control of DTF Tax-Free Income 2028 Fund Inc or participating in control-related transactions.

What type of securities of DTF (DTF) are reported in this Schedule 13G?

The Schedule 13G covers Common Shares of DTF Tax-Free Income 2028 Fund Inc with CUSIP 23334J107. Beneficial ownership, voting power, and dispositive power are all reported with respect to this single class of the fund’s equity securities.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

DTF TAX-FREE INCOME 2028 TERM FUND INC

(Name of Issuer)

Common Shares

(Title of Class of Securities)

23334J107

(CUSIP Number)

01/01/2026

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 23334J107

1

Names of Reporting Persons

Focus Partners Wealth

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

MISSOURI

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 481,004.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 481,004.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

481,004.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

6.8 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

Item 1.
(a)	Name of issuer: DTF TAX-FREE INCOME 2028 TERM FUND INC
(b)	Address of issuer's principal executive offices: 10 SOUTH WACKER DRIVE, SUITE 1900, CHICAGO, ILLINOIS 60606
Item 2.
(a)	Name of person filing: Focus Partners Wealth, LLC
(b)	Address or principal business office or, if none, residence: 190 CARONDELET PLAZA SUITE 600 ST LOUIS, Missouri 63105
(c)	Citizenship: Focus Partners Wealth - MISSOURI
(d)	Title of class of securities: Common Shares
(e)	CUSIP No.: 23334J107
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 481,004
(b)	Percent of class: 6.8 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 481,004
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 481,004
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Focus Partners Wealth

Signature:	Vincent J. Gratch
Name/Title:	Deputy Chief Compliance Officer
Date:	02/13/2026