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DTF Tax-Free Income 2028 Term Fund Inc

DTF
Exchange
NYSE
SEC CIK
0000879535

No open-market purchases or sales by DTF Tax-Free Income 2028 Term Fund Inc insiders were filed in the last 90 days; 31 institutions reported holding it in 13F filings for Q2 2026, worth $36.4M in total; no superinvestor holds it.

13F holders, Q1 2026

Institutional positions in DTF Tax-Free Income 2028 Term Fund Inc as of Mar 31, 2026. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
31
−2 vs. Q4 2025
Shares held
2.95M
−137.3K (−4.4%) vs. Q4 2025
Total value
$34.0M
−$1.13M (−3.2%) vs. Q4 2025
New holders
3
12 more added
Sold out
5
4 more reduced

Compare with Q4 2025: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting DTF on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ1 2026: 31 institutions
Q1 2021: 28 institutionsQ2 2021: 28 institutionsQ3 2021: 27 institutionsQ4 2021: 33 institutionsQ1 2022: 30 institutionsQ2 2022: 33 institutionsQ3 2022: 26 institutionsQ4 2022: 29 institutionsQ1 2023: 30 institutionsQ2 2023: 30 institutionsQ3 2023: 31 institutionsQ4 2023: 26 institutionsQ1 2024: 28 institutionsQ2 2024: 32 institutionsQ3 2024: 30 institutionsQ4 2024: 30 institutionsQ1 2025: 26 institutionsQ2 2025: 28 institutionsQ3 2025: 28 institutionsQ4 2025: 33 institutionsQ1 2026: 31 institutionsQ2 2026: 31 institutions
Value heldQ1 2026: $34.0M
Q1 2021: $43.2MQ2 2021: $46.1MQ3 2021: $45.0MQ4 2021: $46.3MQ1 2022: $41.7MQ2 2022: $33.1MQ3 2022: $29.7MQ4 2022: $28.4MQ1 2023: $31.5MQ2 2023: $31.0MQ3 2023: $32.4MQ4 2023: $33.3MQ1 2024: $30.8MQ2 2024: $31.4MQ3 2024: $30.7MQ4 2024: $32.1MQ1 2025: $32.2MQ2 2025: $32.2MQ3 2025: $34.5MQ4 2025: $35.1MQ1 2026: $34.0MQ2 2026: $36.4M
Institutions holding DTF and their total value by quarter
QuarterHoldersValue
Q2 202631$36.4M
Q1 202631$34.0M
Q4 202533$35.1M
Q3 202528$34.5M
Q2 202528$32.2M
Q1 202526$32.2M
Q4 202430$32.1M
Q3 202430$30.7M
Q2 202432$31.4M
Q1 202428$30.8M
Q4 202326$33.3M
Q3 202331$32.4M
Q2 202330$31.0M
Q1 202330$31.5M
Q4 202229$28.4M
Q3 202226$29.7M
Q2 202233$33.1M
Q1 202230$41.7M
Q4 202133$46.3M
Q3 202127$45.0M
Q2 202128$46.1M
Q1 202128$43.2M

Institutions, Q1 2026

Shares, value and share of portfolio for each institution holding DTF Tax-Free Income 2028 Term Fund Inc; share changes are against Q4 2025.

Institutions holding DTF in Q1 2026
InstitutionSharesValue% of portfolioChange in sharesAction
Sit Investment Associates Inc923,460$10.6M0.21%+2,878+0.3%Added
Colony Group, LLC450,151$5.36M0.01%−30,705−6.4%Reduced
Almitas Capital LLC355,089$4.07M0.92%+4,149+1.2%Added
Beverly Hills Private Wealth, LLC336,342$3.85M0.64%+1,417+0.4%Added
Hara Capital LLC303,989$3.48M1.74%+15,800+5.5%Added
1607 Capital Partners, LLC105,609$1.21M0.09%+9,980+10.4%Added
Morgan Stanley82,776$947.8K0.00%+2,064+2.6%Added
City of London Investment Management Co Ltd71,012$813.1K0.06%00.0%Unchanged
Avise Financial Cooperative, Inc.47,028$538.5K0.45%+10.0%Added
LPL Financial LLC37,283$426.9K0.00%+19,452+109.1%Added
Rivernorth Capital Management, LLC36,405$416.8K0.02%−26,006−41.7%Reduced
Susquehanna International Group, LLP27,483$314.7K0.00%+7,991+41.0%Added
Basepoint Wealth LLC19,806$226.8K0.13%+168+0.9%Added
Karpus Management, Inc.19,211$220.0K0.01%−1,820−8.7%Reduced
Corps Capital Advisors, LLC19,000$217.6K0.19%00.0%Unchanged
Sanctuary Advisors, LLC18,300$209.5K0.00%−122−0.7%Reduced
CI Private Wealth, LLC17,541$200.8K0.00%00.0%Unchanged
Nuveen, LLC16,077$184.1K0.00%00.0%Unchanged
Savvy Advisors, Inc.14,545$166.5K0.00%00.0%Unchanged
Closed-End Fund Advisors, Inc.14,433$165.3K0.17%00.0%Unchanged
Thomas J. Herzfeld Advisors, Inc.13,654$156.3K0.05%+13,654New
Melfa Wealth Management, LLC10,939$125.3K0.07%00.0%Unchanged
Sofos Investments, Inc.3,232$37.0K0.01%+3,232New
Advisor Group Holdings, Inc.1,620$18.6K0.00%+813+100.7%Added
Centennial Bank1,500$17.2K0.01%00.0%Unchanged
UBS Group AG1,358$15.5K0.00%+761+127.5%Added
Pinnacle Wealth Planning Services, Inc.1,250$14.3K0.00%00.0%Unchanged
WFA of San Diego, LLC1,000$11.4K0.01%00.0%Unchanged
Wells Fargo & Company501$5.74K0.00%00.0%Unchanged
Prestige Wealth Management Group LLC400$4.58K0.00%00.0%Unchanged
FMR LLC1$110.00%+1New
Seven Mile Advisory0$00.00%−126,477−100.0%Sold out
Aptus Capital Advisors, LLC0$00.00%−14,545−100.0%Sold out
Garner Asset Management Corp0$00.00%−6,154−100.0%Sold out
Cedar Wealth Management, LLC0$00.00%−732−100.0%Sold out
J.W. Cole Advisors, Inc.0$00.00%−13,080−100.0%Sold out