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Who owns DTFWhat DTF owns — n/a

Who owns DTF Tax-Free Income 2028 Term Fund Inc.?

Institutional ownership of DTF from SEC Form 13F filings across 21 reporting managers. All positions are from one synchronized reporting period — 2026-06-30 books, filed up to 45 days after quarter end — so every row is comparable.

21

13F holders

$9.8M

value, 2026 filers

12.1%

of shares outstanding (848,386 sh)

2

new positions (2026 filers)

Top institutional holders

ordered by shares owned · positions as of 2026-06-30· % of fund = share of the manager's own book · % of co. = share of DTF's shares outstanding

#ManagerSharesValue% of fund% of co.Δ shares QoQ
1Focus Partners Wealth425,402$4.9M0.0%6.1%-5.5%
2MORGAN STANLEY79,776$921,4170.0%1.1%-3.6%
3CITY OF LONDON INVESTMENT MANAGEMENT CO LTD71,012$820,1890.0%1%0.0%
4Thomas J. Herzfeld Advisors, Inc.65,258$753,7300.2%0.9%+377.9%
5LPL Financial LLC61,895$714,8840.0%0.9%+66.0%
6Basepoint Wealth LLC19,472$224,9000.1%0.3%-1.7%
7Corps Capital Advisors, LLC19,000$219,4500.2%0.3%0.0%
8Corient Private Wealth LP17,541$202,5990.0%0.2%0.0%
9Nuveen, LLC16,077$185,6890.0%0.2%0.0%
10SUSQUEHANNA INTERNATIONAL GROUP, LLP15,223$175,8260.0%0.2%-44.6%
11Savvy Advisors, Inc.14,545$167,9950.0%0.2%0.0%
12CITADEL ADVISORS LLCNEW13,404$154,8160.0%0.2%new
13MELFA WEALTH MANAGEMENT, INC.10,939$126,3480.1%0.2%0.0%
14Sanctuary Advisors, LLC10,000$115,5000.0%0.1%-45.4%
15Financial Gravity Companies, Inc.NEW3,232$37,3300.0%0%new
16OSAIC HOLDINGS, INC.1,626$18,7830.0%0%+0.4%
17Centennial Bank/AR/1,500$17,3250.0%0%0.0%
18Pinnacle Wealth Planning Services, Inc.1,250$14,4380.0%0%0.0%
19WELLS FARGO & COMPANY/MN501$5,7890.0%0%0.0%
20Prestige Wealth Management Group LLC400$4,6200.0%0%0.0%
21UBS Group AG333$3,8460.0%0%-75.5%

Source: SEC Form 13F-HR filings (institutional managers over $100M in US-listed positions). 13Fs disclose long positions only, up to 45 days after quarter end; each manager's latest filed quarter is shown per row and dollar values are the manager's filed marks. Aggregates labeled "2026 filers" count only managers whose latest book is a 2026 quarter. Related: valuation · options positioning · supply chain. Research, not investment advice.

EvidInvest is an independent research and information tool. Figures are calculated from public SEC filings and third-party market data and are provided for informational and educational purposes only. EvidInvest does not provide investment advice, brokerage, or financial services, and is not affiliated with any company it covers. Verify all figures against primary sources before making any decision.