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/PRNewswire/ The Board of Directors of DTF Tax-Free Income Inc. (NYSE: DTF) (the "Fund"), a closed-end fund advised by Duff & Phelps Investment Management.
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.
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CHICAGO, Jan. 8, 2021 /PRNewswire/ DTF Tax-Free Income Inc. (NYSE: DTF) (the Fund ), a closed-end fund advised by Duff & Phelps Investment Management Co. (the Adviser ), announced today the preliminary results for its issuer tender offer (the Offer ) for up to 17.5% of the outstanding shares of common stock, par value $0.01 per share ( Shares ) of the Fund at a price equal to 98% of the Fund s net asset value per Share ( NAV ) as determined as of the close of the regular trading session of the New York Stock Exchange on January 8, 2021. The Fund s offer expired on Thursday, January 7, 2021 at 11:59 p.m., New York City time.
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.