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.