DTF Tax-free Income Inc Q2 2019 Institutional Investor Sentiment Worse Than Expected

Sentiment for DTF Tax-free Income Inc (NYSE:DTF)

DTF Tax-free Income Inc (NYSE:DTF) institutional sentiment decreased to 0.82 in Q2 2019. Its down -0.40, from 1.22 in 2019Q1. The ratio fall, as 9 active investment managers started new or increased holdings, while 11 sold and decreased stakes in DTF Tax-free Income Inc. The active investment managers in our partner’s database now own: 2.87 million shares, up from 2.66 million shares in 2019Q1. Also, the number of active investment managers holding DTF Tax-free Income Inc in their top 10 holdings was flat from 0 to 0 for the same number . Sold All: 1 Reduced: 10 Increased: 3 New Position: 6.

DTF Tax-Free Income Inc. is a closed-ended fixed income mutual fund launched by Virtus Investment Partners, Inc. The company has market cap of $121.16 million. The fund is managed by Duff & Phelps Investment Management Co. It has a 15.8 P/E ratio. It invests primarily in a diversified portfolio of investment grade tax-exempt utility obligations.

The stock decreased 0.64% or $0.09 during the last trading session, reaching $14.22. About 5,651 shares traded. DTF Tax-Free Income Inc. (NYSE:DTF) has 0.00% since October 12, 2018 and is . It has by 0.00% the S&P500.

Saba Capital Management L.P. holds 0.48% of its portfolio in DTF Tax-Free Income Inc. for 813,540 shares. 1607 Capital Partners Llc owns 250,857 shares or 0.19% of their US portfolio. Moreover, Karpus Management Inc. has 0.16% invested in the company for 324,404 shares. The Illinois-based Rivernorth Capital Management Llc has invested 0.13% in the stock. City Of London Investment Management Co Ltd, a United Kingdom-based fund reported 53,501 shares.

More notable recent DTF Tax-Free Income Inc. (NYSE:DTF) news were published by: Seekingalpha.com which released: “Novartis to spin off Alcon unit April 9 – Seeking Alpha” on March 22, 2019, also Seekingalpha.com with their article: “Avon: Last Puffs From This Cigar – Seeking Alpha” published on October 30, 2018, Finance.Yahoo.com published: “DTF Tax-Free Income Inc. Announces Dividends And An Increase In Its Current Distribution Rate – Yahoo Finance” on September 19, 2019. More interesting news about DTF Tax-Free Income Inc. (NYSE:DTF) were released by: Seekingalpha.com and their article: “Unilever – Quality Company, Mediocre Stock – Seeking Alpha” published on October 25, 2018 as well as Prnewswire.com‘s news article titled: “ASUR 2Q19 Passenger Traffic Increased 4.7% YoY in Mexico, 6.1% in Puerto Rico and 14.9% in Colombia – PRNewswire” with publication date: July 22, 2019.

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