U.S. Markets open in 1 hr 8 mins

DTF Tax-Free Income Inc. Announces Special Distribution

CHICAGO, Dec. 14, 2017 /PRNewswire/ -- DTF Tax-Free Income Inc. (DTF) (the "Fund") is announcing today a special taxable distribution of 3.66 cents per share, payable on January 10, 2018 to its common shareholders of record on December 29, 2017. The breakdown of the distribution on a per-share basis is as follows:


Description

Amount

Ex-Dividend Date

Record Date

Payable Date

Ordinary taxable income

$0.000172




Long-term capital gains

0.036428




Total Distribution

$0.036600

12/28/2017

12/29/2017

1/10/2018

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.dtffund.com or call (800) 243-4361, extension 4941.

About the Investment Adviser

Duff & Phelps Investment Management Co. has more than 38 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 (VRTS), a multi-boutique asset manager with $90.6 billion under management as of September 30, 2017.  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.

Cision

View original content:http://www.prnewswire.com/news-releases/dtf-tax-free-income-inc-announces-special-distribution-300571756.html