CHICAGO, Dec. 13, 2018 /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
|
|
3.5
|
January 15, 2019
|
January 31, 2019
|
|
3.5
|
February 15, 2019
|
February 28, 2019
|
|
3.5
|
March 15, 2019
|
March 29, 2019
|
DTF Tax-Free Income Inc. (Monthly pay)
|
Cents Per Share
|
Record Date
|
Payable Date
|
|
3.5
|
January 15, 2019
|
January 31, 2019
|
|
3.5
|
February 15, 2019
|
February 28, 2019
|
|
3.5
|
March 15, 2019
|
March 29, 2019
|
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, please
visit www.dpimc.com/duc 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,
please visit www.dpimc.com/dtf or call (800) 338-8214.
About the Investment Adviser
Duff & Phelps Investment Management Co. has more than 39 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 (NASDAQ: VRTS), a multi-boutique asset manager with
$105.6 billion under management as of September 30, 2018.
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.
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SOURCE Duff & Phelps Utility and Corporate Bond Trust Inc.; DTF Tax-Free Income Inc.