David D. Grumhaus Jr. - 25 Aug 2025 Form 4 Insider Report for DTF TAX-FREE INCOME 2028 TERM FUND INC (DTF)

Role: President and CEO
Signature: /s/ David D. Grumhaus, Jr.
Issuer symbol: DTF
Transactions as of: 25 Aug 2025
Net transactions value: +$15,876
Form type: 4
Filing time: 26 Aug 2025, 16:22:56 UTC
Previous filing: 27 Nov 2024
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Grumhaus David D Jr.	President and CEO	DUFF & PHELPS INVESTMENT MANAGEMENT CO., 10 S. WACKER DR., 19TH FLOOR, CHICAGO	/s/ David D. Grumhaus, Jr.	26 Aug 2025	0001611309

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	DTF	Common stock	Purchase	$15,876	+1,400	+27%	$11.34	6,652	25 Aug 2025	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Includes 238.403 shares acquired by the reporting person since his last Form 4 filing through a dividend reinvestment plan meeting the requirements of Rule 16a-11 promulgated under the Securities Exchange Act of 1934. Total number of shares held through the plan is 246.