CHICAGO, June 13, 2019 /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.
|
Cents Per
Share
|
Record
Date
|
Payable
Date
|
|
3.5
|
July 15,
2019
|
July 31,
2019
|
|
3.5
|
August 15,
2019
|
August 30,
2019
|
|
3.5
|
September 16,
2019
|
September 30,
2019
|
DTF Tax-Free Income Inc.
|
Cents Per
Share
|
Record
Date
|
Payable
Date
|
|
3.5
|
July 15,
2019
|
July 31,
2019
|
|
3.5
|
August 15,
2019
|
August 30,
2019
|
|
3.5
|
September 16,
2019
|
September 30,
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 40
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 $101.7 billion under management as of
March 31, 2019. 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.