PR Newswire
CHICAGO, June 15, 2017
CHICAGO, June 15, 2017 /PRNewswire/ -- The Board of
Directors of Duff & Phelps Utility and Corporate Bond Trust Inc. (NYSE: DUC) and DTF Tax-Free Income Inc. (NYSE: DTF), two
closed-end funds advised by Duff & Phelps Investment Management Co., today authorized the payment of dividends on each fund's
common stock as follows:
Duff & Phelps Utility and Corporate Bond Trust Inc. (Monthly pay)
|
Cents Per Share
|
Record Date
|
Payable Date
|
|
5.0
|
July 17, 2017
|
July 31, 2017
|
|
5.0
|
August 15, 2017
|
August 31, 2017
|
|
5.0
|
September 15, 2017
|
September 29, 2017
|
DTF Tax-Free Income Inc. (Monthly pay)
|
Cents Per Share
|
Record Date
|
Payable Date
|
|
5.0
|
July 17, 2017
|
July 31, 2017
|
|
5.0
|
August 15, 2017
|
August 31, 2017
|
|
5.0
|
September 15, 2017
|
September 29, 2017
|
About the Funds
Duff & Phelps Utility and Corporate Bond Trust Inc. is a closed-end diversified investment management company whose
primary investment objective is high current income consistent with investing in securities of investment grade quality. The fund
seeks to achieve its objectives by investing substantially all of its assets in a diversified portfolio of utility income
securities, corporate income securities, mortgage-backed securities and asset-backed securities. For more information, visit
www.ducfund.com or call (800) 338-8214.
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) 338-8214.
About the Investment Adviser
Duff & Phelps Investment Management Co. is a subsidiary of Virtus Investment Partners (NASDAQ: VRTS), a multi-boutique
asset manager with $48 billion under management as of March 31,
2017. Duff & Phelps 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.
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SOURCE Duff & Phelps Utility and Corporate Bond Trust Inc.; DTF Tax-Free Income Inc.