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Public snapshot

DTF Income Quality Score

DTF Tax-Free Income 2028 Term Fund Inc. (DTF) has an Income Quality Score of 30/100, classified as a Foe with high confidence, based on a 10-year income and total-return history.

DTF Tax-Free Income 2028 Term Fund Inc. (DTF) is a closed-end fund and is part of the IQ Score universe.

July 2026 snapshotAs of July 31, 2026Lookback: 10-year
Long-term focused10-year income and total-return analysis
Data-drivenObjective scoring across 4 quality, distribution and risk signals
Clear classificationFriends to own. Foes to avoid.
IQ Score
30/100
FoeHigh confidence
Asset Type
CEF
Exchange
NYSE
Trailing Yield (TTM)
Not published
No normalized trailing yield is published for closed-end funds in this snapshot.
Rank in CEF Universe
347 of 358
Lookback
10-year
Data as of
July 31, 2026
How the IQ Score works →
About this snapshot
This is the public July 2026 snapshot. Public snapshots are delayed and frozen: once released, a month's scores do not change, and current data is reserved for members. The July 2026 snapshot is published as the public launch snapshot.
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DTFDTF Tax-Free Income 2028 Term Fund Inc.
30FoeHigh confidence
Snapshot
2026-07
Data as of
2026-07-31
Lookback
10-year
Asset type
Closed-End Fund

IQ Score History

6535FRIENDQUESTION MARKFOE050100Methodology updatedMethodology updated on 2026-07-31 (iq-4class-v1 → iq-4class-v3-direct-dist)2026-072026-072026-072026-07-17 · 31.4 · Foe · Published Snapshot History · iq-4class-v12026-07-20 · 31.0 · Foe · Published Snapshot History · iq-4class-v12026-07-21 · 30.7 · Foe · Published Snapshot History · iq-4class-v12026-07-22 · 30.6 · Foe · Published Snapshot History · iq-4class-v12026-07-23 · 30.6 · Foe · Published Snapshot History · iq-4class-v12026-07-24 · 30.1 · Foe · Published Snapshot History · iq-4class-v12026-07-27 · 29.8 · Foe · Published Snapshot History · iq-4class-v12026-07-28 · 29.8 · Foe · Published Snapshot History · iq-4class-v12026-07-29 · 29.6 · Foe · Published Snapshot History · iq-4class-v12026-07-30 · 29.7 · Foe · Published Snapshot History · iq-4class-v12026-07-31 · 29.6 · Foe · Published Snapshot History · iq-4class-v3-direct-dist6535FRIENDQUESTION MARKFOE050100Methodology updated on 2026-07-31 (iq-4class-v1 → iq-4class-v3-direct-dist)2026-072026-07

Reconstructed monthly scores are computed from current data and methodology. Published snapshots are the frozen monthly releases, marked on the line. Where the methodology changed, the line is broken rather than joined across the change.

Signals & Drivers

IQ signal scores

Each signal is normalised to 0–100 and combined by weight into the overall IQ Score.

Economic Payout Coverage
21/100
Working Capital Preservation
54/100
Distribution Cut Score
10/100
Distribution Trend
50/100

What to watch

  • Distributions exceed long-term total return
  • 3+ years with a material annual distribution decline

Flags & gates

  • Yield Trap
  • Chronic Dist Cuts

Distribution Safety

10Years raised
3Years cut
28Years of data
HeldCurrent trend

High confidence (10-year history)

  1. 19920.4Held
  2. 20000.3125Lower total
  3. 20010.75Raised
  4. 20020.865Raised
  5. 20030.96Raised
  6. 20040.993Raised
  7. 20050.9Lower total
  8. 20060.78Lower total
  9. 20070.63Lower total
  10. 20080.6Lower total
  11. 20090.6959Raised
  12. 20100.8479Raised
  13. 20110.8576Held
  14. 20120.8457Lower total
  15. 20130.8503Held
  16. 20140.84Lower total
  17. 20150.8777Raised
  18. 20160.9426Raised
  19. 20170.6966Cut
  20. 20180.6786Lower total
  21. 20190.441Cut
  22. 20200.4802Raised
  23. 20210.622Raised
  24. 20220.39Cut
  25. 20230.39Held
  26. 20240.39Held
  27. 20250.39Held
  28. 20260.2275Partial year

Distributions per year, from the frozen distribution-stability signal. “Lower total” means the calendar-year sum was smaller than the prior year (often a special-distribution rolloff or timing shift), but did not decline more than the engine's 10% material-decline threshold — see Years Cut above for years that did.

The IQ Score is a research classification of historical income quality. It is not investment advice, not a recommendation and not a prediction of future returns.

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