NPORT-EX 2 NPORT_19H7_96099671_0123.htm

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DTF TAX-FREE INCOME 2028 TERM FUND INC.

SCHEDULE OF INVESTMENTS

January 31, 2023

(Unaudited)

Principal         Amount (000)				Description (a)		Value
				LONG-TERM INVESTMENTS - 141.2%
				Alabama - 2.3%
	$2,000			Jefferson Cnty. Brd. of Ed. Pub. Sch.
				Warrants,
				5.00%, 2/01/46			$2,119,661
				Alaska - 0.3%
	290			Anchorage Elec. Util. Rev.,
				5.00%, 12/01/36
				Prerefunded 12/01/24 @ $100 (b)			302,670
				Arizona - 5.2%
	1,350			Arizona Brd. of Regents Rev.,
				Arizona St. Univ.,
				5.00%, 7/01/37			1,442,171
	650			Arizona St. Hlth. Fac. Auth. Rev.,
				HonorHealth Hosp. Proj.,
				5.00%, 12/01/42			660,706
	1,000			Maricopa Cnty. Indl. Dev. Auth. Rev.,
				Banner Hlth.,
				4.00%, 1/01/34			1,031,809
	190			Northern Arizona Univ. Rev.,
				5.00%, 6/01/40
				Prerefunded 6/01/24 @ $100 (b)			196,598
	310			Northern Arizona Univ. Rev.,
				5.00%, 6/01/40			316,459
	1,000			Northern Arizona Univ. SPEED Rev.,
				(Stimulus Plan for Econ. and Edl. Dev.),
				5.00%, 8/01/38
				Prerefunded 8/01/23 @ $100 (b)			1,012,956
							4,660,699
				California - 17.7%
	1,260			California St. Hlth. Facs. Fin. Auth. Rev.,
				Kaiser Permanente,
				4.00%, 11/01/44			1,266,968
	330			California St. Hlth. Facs. Fin. Auth. Rev.,
				Providence St. Joseph Hlth.,
				4.00%, 10/01/36			335,464
	1,660			California St. Hlth. Facs. Fin. Auth. Rev.,
				Sutter Hlth.,
				5.00%, 11/15/46
				Prerefunded 11/15/25 @ $100 (b)			1,788,954

The accompanying note is an integral part of this financial statement.

1

DTF TAX-FREE INCOME 2028 TERM FUND INC.

SCHEDULE OF INVESTMENTS — (Continued)

January 31, 2023

(Unaudited)

Principal         Amount (000)				Description (a)		Value
	$1,000			California St. Gen. Oblig.,
				5.00% 10/01/28			$1,047,415
	1,000			California St. Pub. Wks. Brd. Lease Rev.,
				Dept. of Corrections and Rehab.,
				5.25%, 9/01/29			1,017,293
	600			Contra Costa Cnty. Successor Agy.
				to Redev. Agy., Tax Allocation,
				5.00%, 8/01/35, BAM			658,158
	1,000			Garden Grove Successor Agy. to Agy.
				Cmty. Dev., Tax Allocation,
				5.00%, 10/01/31, BAM			1,080,050
	2,000			Gilroy Unified Sch. Dist. Gen. Oblig.,
				4.00%, 8/01/41			2,015,075
	280			Lancaster Successor Agy. to Redev. Agy.,
				Tax Allocation,
				5.00%, 8/01/33, AGM			304,427
	250			Palm Desert Successor Agy. to Redev.
				Agy., Tax Allocation,
				5.00%, 10/01/28, BAM			275,841
	1,215			San Marcos Successor Agy. to Redev.
				Agy., Tax Allocation,
				5.00%, 10/01/32			1,296,253
	2,000			San Mateo Successor Agy. to Redev.
				Agy., Tax Allocation,
				5.00%, 8/01/30			2,123,230
	1,000			Temple City Unified Sch. Dist. Gen. Oblig.,
				4.00%, 8/01/43			1,007,240
	1,750			Univ. of California Rev.,
				4.00%, 5/15/48			1,753,120
							15,969,488
				Colorado - 6.2%
	925			Colorado St. Bldg. Excellent Schs. Today COP,
				5.00%, 3/15/29			1,040,563
	1,000			Denver City and Cnty. Arpt. Rev.,
				5.50%, 11/15/30			1,175,212
	2,150			Public Auth. for Colorado Energy,
				Natural Gas Purch. Rev.,
				6.25%, 11/15/28			2,360,512
	1,000			Univ. of Colorado Enterprise Rev.,
				4.00%, 6/01/43			1,008,877
							5,585,164

The accompanying note is an integral part of this financial statement.

2

DTF TAX-FREE INCOME 2028 TERM FUND INC.

SCHEDULE OF INVESTMENTS — (Continued)

January 31, 2023

(Unaudited)

Principal         Amount (000)				Description (a)		Value
				Connecticut - 8.9%
	$935			Connecticut St. Gen. Oblig.,
				5.00%, 9/15/35			$1,040,802
	730			Connecticut St. Gen. Oblig.,
				4.00%, 4/15/38			749,074
	1,265			Connecticut St. Hlth. & Edl. Facs. Auth.
				Rev., Yale Univ.,
				5.00%, 7/01/40			1,436,725
	550			Connecticut St. Hlth. & Edl. Facs. Auth.
				Rev., Yale-New Haven Hosp.,
				5.00%, 7/01/48			552,682
	390			Connecticut St. Hsg. Auth. Rev.,
				3.00%, 5/15/33			384,448
	365			Connecticut St. Hsg. Auth. Rev.,
				3.20%, 11/15/33			362,609
	130			Connecticut St. Hsg. Auth. Rev.,
				1.85%, 5/15/38			93,908
	1,250			Hartford Cnty. Met. Dist. Clean Wtr. Proj. Rev.,
				5.00%, 2/01/33			1,487,624
	400			Univ. of Connecticut Rev.,
				5.00%, 5/01/30			468,483
	1,300			Univ. of Connecticut Spec. Oblig. Rev.,
				5.00%, 11/15/43			1,410,238
							7,986,593
				District of Columbia - 1.2%
	1,000			District of Columbia Gen. Oblig.,
				5.00%, 6/01/43			1,085,809
				Florida - 22.1%
	780			Brevard Cnty. Sch. Brd. Ref. COP,
				5.00%, 7/01/32			856,804
	1,000			Central Florida Expwy. Auth. Rev.,
				4.00%, 7/01/36			1,017,873
	2,350			Florida St. Brd. of Gov. Florida State Univ.
				Dorm Rev.,
				5.00%, 5/01/33
				Refunded 5/01/23 @ $100 (b)			2,364,418
	1,000			Hillsborough Cnty. Aviation Auth. Rev.,
				Tampa Int’l. Arpt.,
				5.00%, 10/01/44
				Prerefunded 10/01/24 @ $100 (b)			1,034,591

The accompanying note is an integral part of this financial statement.

3

DTF TAX-FREE INCOME 2028 TERM FUND INC.

SCHEDULE OF INVESTMENTS — (Continued)

January 31, 2023

(Unaudited)

Principal         Amount (000)				Description (a)		Value
	$500			Lee Cnty. Tran. Fac. Rev.,
				5.00%, 10/01/35, AGM			$514,415
	1,080			Miami Beach Hlth. Facs. Auth. Rev.,
				Mt. Sinai Med. Ctr.,
				5.00%, 11/15/39			1,097,104
	500			Miami Beach Redev. Agy. Rev.,
				5.00%, 2/01/40, AGM			503,869
	1,250			Miami-Dade Cnty. Ed. Facs. Auth. Rev.,
				Univ. of Miami,
				5.00%, 4/01/45			1,279,540
	2,220			Miami-Dade Cnty. Sch. Brd. Ref. COP,
				5.00%, 2/01/34			2,340,349
	1,000			Reedy Creek Impvt. Dist. Gen. Oblig.,
				5.00%, 6/01/38
				Prerefunded 6/01/23 @ $100 (b)			1,008,567
	2,035			Seminole Cnty. Sales Tax Rev.,
				5.25%, 10/01/31, NRE			2,412,156
	2,190			Seminole Cnty. Sch. Brd. COP,
				5.00%, 7/01/33			2,350,591
	830			S. Florida Wtr. Mgmt. Dist. COP,
				5.00%, 10/01/35			883,612
	470			Tallahassee Hlth. Facs. Rev.,
				Tallahassee Memorial Hlthcare.,
				5.00%, 12/01/41			478,810
	665			Tampa-Hillsborough Cnty. Expwy. Auth. Rev.,
				4.00%, 7/01/42			667,775
	1,000			Tampa-Hillsborough Cnty. Expwy. Auth. Rev.,
				5.00%, 7/01/47			1,044,343
							19,854,817
				Georgia - 0.6%
	500			Atlanta Arpt. Passenger Fac. Charge Gen. Rev.,
				5.00%, 1/01/32			511,975
				Idaho - 0.3%
	240			Idaho St. Hlth. Facs. Auth. Rev.,
				St. Luke’s Hlth. Sys.,
				5.00%, 3/01/37			251,177
				Illinois - 17.2%
	500			Chicago Multi-Family Hsg. Rev.,
				Paul G. Stewart (Phases I and II),
				4.90%, 3/20/44, FHA			500,299

The accompanying note is an integral part of this financial statement.

4

DTF TAX-FREE INCOME 2028 TERM FUND INC.

SCHEDULE OF INVESTMENTS — (Continued)

January 31, 2023

(Unaudited)

Principal         Amount (000)				Description (a)		Value
	$1,000			Chicago O’Hare Intl. Arpt. Rev.,
				Customer Fac. Charge,
				5.125%, 1/01/30, AGM			$1,002,115
	620			Chicago O’Hare Intl. Arpt. Rev.,
				5.25%, 1/01/42			656,687
	250			Chicago Sales Tax Rev.,
				5.00%, 1/01/30
				Prerefunded 1/01/25 @ $100 (b)			262,403
	250			Chicago Wtrwks. Rev.,
				5.00%, 11/01/30			263,925
	665			Chicago Wtrwks. Rev.,
				5.25%, 11/01/32, AGM			731,771
	250			Chicago Wtrwks. Rev.,
				5.00%, 11/01/36, AGM			263,452
	865			Chicago Wtrwks. Rev.,
				5.00%, 11/01/44			873,285
	170			Illinois St. Fin. Auth. Rev.,
				Advocate Hlth. Care Network,
				5.00%, 5/01/45
				Prerefunded 5/01/25 @ $100 (b)			179,243
	1,055			Illinois St. Fin. Auth. Rev.,
				Advocate Hlth. Care Network,
				5.00%, 5/01/45
				Prerefunded 5/01/25 @ $100 (b)			1,115,924
	525			Illinois St. Fin. Auth. Rev.,
				Northwestern Memorial Hlthcare.,
				5.00%, 9/01/42
				Prerefunded 9/01/24 @ $100 (b)			545,945
	1,090			Illinois St. Fin. Auth. Rev.,
				Rush Univ. Med. Ctr.,
				4.00%, 11/15/39			1,055,168
	1,000			Illinois St. Gen. Oblig.,
				5.00%, 2/01/27			1,069,510
	2,020			Illinois St. Gen. Oblig.,
				5.50%, 1/01/29			2,251,014
	600			Illinois St. Gen. Oblig.,
				5.00%, 2/01/29			636,503
	1,180			Illinois St. Hsg. Dev. Auth. Rev.,
				2.375%, 10/01/42			862,049
	750			Illinois St. Toll Hwy. Auth. Rev.,
				5.00%, 1/01/41			791,136

The accompanying note is an integral part of this financial statement.

5

DTF TAX-FREE INCOME 2028 TERM FUND INC.

SCHEDULE OF INVESTMENTS — (Continued)

January 31, 2023

(Unaudited)

Principal         Amount (000)				Description (a)		Value
	$330			Railsplitter Tobacco Settlement Auth. Rev.,
				5.00%, 6/01/27			$355,971
	1,000			Sales Tax Securitization Corp. Rev.,
				5.00%, 1/01/48			1,042,911
	1,000			Univ. of Illinois Aux. Facs. Sys. Rev.,
				5.00%, 4/01/34			1,016,507
							15,475,818
				Indiana - 4%
	240			Indiana St. Fin. Auth. Hosp. Rev.,
				Indiana Univ. Hlth.,
				5.00%, 12/01/28			251,021
	2,000			Indiana St. Fin. Auth. Hosp. Rev.,
				Parkview Hlth.,
				5.00%, 11/01/43			2,084,606
	1,120			Indianapolis Local Public Impt. Bond Bank Rev.,
				Indianapolis Arpt. Auth Proj.,
				5.25%, 1/01/42			1,227,218
							3,562,845
				Kentucky - 1.1%
	900			Kentucky Bond Dev. Corp.
				Transient Room Tax Rev.,
				5.00%, 9/01/43			961,591
				Louisiana - 4.4%
	1,250			Louisiana St. Stadium & Exposition Dist. Rev.,
				5.00%, 7/01/30			1,258,723
	605			Louisiana St. Stadium & Exposition Dist. Rev.,
				5.00%, 7/01/36			609,072
	1,250			Louisiana St. Tran. Auth. Rev.,
				5.00%, 8/15/38
				Prerefunded 8/15/23 @ $100 (b)			1,267,108
	300			New Orleans Swr. Svc. Rev.,
				5.00%, 6/01/44
				Prerefunded 6/01/24 @ $100 (b)			310,018
	500			Port of New Orleans Brd. of
				Commissioners Port Fac. Rev.,
				5.00%, 4/01/33
				Prerefunded 4/01/23 @ $100 (b)			501,947
							3,946,868
				Maine - 2.4%
	100			Maine St. Hlth. & Hgr. Edl. Facs. Auth. Rev.,
				5.00%, 7/01/33,
				Prerefunded 7/01/23 @ $100 (b)			101,054

The accompanying note is an integral part of this financial statement.

6

DTF TAX-FREE INCOME 2028 TERM FUND INC.

SCHEDULE OF INVESTMENTS — (Continued)

January 31, 2023

(Unaudited)

Principal         Amount (000)				Description (a)		Value
	$905			Maine St. Hlth. & Hgr. Edl. Facs. Auth. Rev.,
				5.00%, 7/01/33			$908,707
	610			Portland General Arpt. Rev.,
				5.00%, 7/01/31			614,771
	540			Portland General Arpt. Rev.,
				5.00%, 7/01/32			544,270
							2,168,802
				Maryland - 1.5%
	500			Maryland St. Cmnty. Dev. Admin.,
				Dept. of Hsg. And Cmnty. Dev. Rev.,
				1.95%, 9/01/41			339,729
	1,000			Maryland St. Hlth. & Hgr. Edl. Facs. Auth. Rev.,
				Luminis Hlth.,
				5.00%, 7/01/39
				Prerefunded 7/01/24 @ $100 (b)			1,034,852
							1,374,581
				Massachusetts - 4.7%
	1,945			Massachusetts St. Gen. Oblig.,
				5.50%, 8/01/30, AMBAC			2,396,725
	700			Massachusetts St. Hsg. Fin. Agy. Rev.,
				2.30%, 12/01/40			523,477
	300			Massachusetts St. Hsg. Fin. Agy. Rev.,
				3.00%, 12/01/45			236,238
	1,000			Massachusetts St. Port Auth. Rev.,
				5.00%, 7/01/47			1,032,869
							4,189,309
				Michigan - 2.4%
	550			Michigan St. Fin. Auth. Rev.,
				Beaumont Hlth. Credit Group,
				5.00%, 11/01/44			564,138
	540			Michigan St. Bldg. Auth. Rev.,
				4.00%, 10/15/36			553,009
	1,020			Michigan St. Hsg. Dev. Auth. Rev.,
				2.80%, 12/01/45			780,377
	225			Royal Oak Hosp. Fin. Auth. Rev.,
				Beaumont Hlth. Credit Group,
				5.00%, 9/01/39
				Prerefunded 3/01/24 @ $100 (b)			231,193
							2,128,717
				Minnesota - 0.2%
	200			Minnesota St. Hsg. Fin. Agy.,
				2.70%, 7/01/44			166,425

The accompanying note is an integral part of this financial statement.

7

DTF TAX-FREE INCOME 2028 TERM FUND INC.

SCHEDULE OF INVESTMENTS — (Continued)

January 31, 2023

(Unaudited)

Principal         Amount (000)				Description (a)		Value
				Mississippi - 0.7%
	$600			Mississippi St. Gen. Oblig.,
				4.00%, 10/01/39			$617,378
				Nebraska - 2.4%
	1,925			Omaha Gen. Oblig.,
				5.25%, 4/01/27			2,161,207
				New Jersey - 2.4%
	400			Camden Cnty. Impvt. Auth. Hlthcare.
				Redev. Rev., Cooper Hlth. Sys.,
				5.00%, 2/15/33			404,304
	295			New Jersey St. COVID-19 Gen. Oblig.
				Emergency Bonds,
				4.00%, 6/01/31			326,137
	1,000			New Jersey St. Tpk. Auth. Rev.,
				5.00%, 1/01/34			1,091,487
	305			New Jersey St. Tpk. Auth. Rev.,
				4.00%, 1/01/35			318,026
							2,139,954
				New York - 5.4%
	530			Long Island Pwr. Auth. Elec. Sys. Gen. Rev.,
				5.00%, 9/01/42			567,669
	510			New York City Mun. Wtr. Fin. Auth.
				Wtr. & Swr. Sys. Rev.,
				Adjustable Rate Bond,
				1.25%, 06/15/48			510,000
	2,035			New York St. Dorm. Auth.,
				Personal Inc. Tax Rev.,
				5.00%, 03/15/31			2,144,037
	900			Port Auth. of New York and New Jersey Rev.,
				5.00%, 6/01/33			918,832
	500			Triborough Bridge & Tunnel Auth. Rev.,
				5.00%, 11/15/30
				Refunded 5/15/23 @ $100 (b)			503,554
	195			TSASC Inc. Tobacco Settlement Rev.,
				5.00%, 6/01/34			204,969
							4,849,061
				North Carolina - 0.2%
	185			North Carolina St. Hsg. Fin. Agy. Rev.,
				2.85%, 1/01/43			152,985

The accompanying note is an integral part of this financial statement.

8

DTF TAX-FREE INCOME 2028 TERM FUND INC.

SCHEDULE OF INVESTMENTS — (Continued)

January 31, 2023

(Unaudited)

Principal         Amount (000)				Description (a)		Value
				Ohio - 1.1%
	$570			Northeast Ohio Regl. Swr. Dist. Rev.,
				4.00%, 11/15/43			$575,836
	495			Ohio St. Hsg. Fin. Agy. Rev.,
				2.45%, 9/01/45			391,158
							966,994
				Oregon - 2.4%
	500			Oregon St. Gen. Oblig.,
				5.00%, 5/01/41			529,938
	570			Port of Portland Intl. Arpt. Rev.,
				5.00%, 7/01/32			583,640
	1,000			Washington Cnty. Sch. Dist. 48J
				(Beaverton), Gen. Oblig.
				5.00%, 6/15/36			1,082,152
							2,195,730
				Pennsylvania - 2.8%
	2,000			Delaware River Port Auth. Rev.,
				5.00%, 1/01/34
				Prerefunded 1/01/24 @ $100 (b)			2,045,533
	450			Pennsylvania St. Tpk. Commission Rev.,
				6.375%, 12/01/38			515,483
							2,561,016
				Rhode Island - 1.2%
	1,070			Rhode Island St. Clean Wtr. Fin. Agy.,
				Wtr. Poll. Control Rev.,
				5.00%, 10/01/32
				Prerefunded 10/01/24 @ $100 (b)			1,116,791
				South Carolina - 0.3%
	290			SCAGO Edl. Facs. Corp. Rev.,
				Pickens Cnty. Sch. Dist.,
				5.00%, 12/01/24			302,087
				Tennessee - 2.8%
	250			Chattanooga-Hamilton Cnty. Hosp. Auth. Rev.,
				Erlanger Hlth. Sys.,
				5.00%, 10/01/34			255,572
	110			Tennessee St. Hsg. Dev. Agy.,
				3.625%, 7/01/32			109,153
	2,000			Tennessee St. Sch. Bond Auth. Rev.,
				5.00%, 11/01/42			2,157,824
							2,522,549

The accompanying note is an integral part of this financial statement.

9

DTF TAX-FREE INCOME 2028 TERM FUND INC.

SCHEDULE OF INVESTMENTS — (Continued)

January 31, 2023

(Unaudited)

Principal         Amount (000)				Description (a)		Value
				Texas - 12.1%
	$670			Dallas Area Rapid Transit Rev.,
				5.00%, 12/01/41
				Prerefunded 12/01/25 @ $100 (b)			$720,756
	1,250			Houston Arpt. Sys. Rev.,
				5.00%, 7/01/39			1,360,469
	1,410			Houston Util. Sys. Rev.,
				5.00%, 11/15/32
				Prerefunded 11/15/23 @ $100 (b)			1,438,791
	1,625			Keller Indep. Sch. Dist. Gen. Oblig.,
				4.00%, 2/15/47, PSF			1,630,729
	1,000			Lewisville Indep. Sch. Dist. Gen. Oblig.,
				3.00%, 8/15/39, PSF			899,257
	1,505			North Texas Twy. Auth. Rev.,
				Convertible CAB,
				0.00%, 9/01/43
				Prerefunded 9/01/31 @ $100 (b)			1,946,050
	1,135			North Texas Twy. Auth. Rev.,
				4.00%, 1/01/43			1,122,145
	700			San Antonio Indep. Sch. Dist. Sch. Bldg.
				Gen. Oblig.,
				5.00%, 8/15/38, PSF			755,598
	1,000			Texas St. Wtr. Development Brd. Rev.,
				St. Wtr. Implementation Fund,
				4.00%, 10/15/47			997,470
							10,871,265
				Vermont - 0.6%
	500			Vermont St. Edl. and Hlth. Bldg. Fin. Agy. Rev.,
				Univ. of Vermont Med. Center,
				5.00%, 12/01/35			526,825
				Virginia - 2.2%
	2,000			Virginia St. College Bldg. Auth. Rev.,
				5.00%, 2/01/23			2,000,000
				Wisconsin - 1.9%
	1,400			Wisconsin St. Pub. Fin. Auth. Hosp. Rev.,
				Renown Reg. Med. Ctr.,
				5.00%, 6/01/40			1,433,658

The accompanying note is an integral part of this financial statement.

10

DTF TAX-FREE INCOME 2028 TERM FUND INC.

SCHEDULE OF INVESTMENTS — (Continued)

January 31, 2023

(Unaudited)

Principal         Amount (000)				Description (a)		Value
	$250			Wisconsin St. Pub. Fin. Auth.,
				Solid Waste Disp. Rev.,
				2.875%, 5/01/27			$237,227
							1,670,885
				Total Long-Term Investments
				(Cost $127,615,175)			126,957,736
				TOTAL INVESTMENTS - 141.2%
				(Cost $127,615,175)			$126,957,736
				Remarketable Variable Rate MuniFund Term     Preferred Shares at liquidation value - (44.5)%			(40,000,000)
				Other assets less other liabilities - 3.3%			2,940,799
				NET ASSETS APPLICABLE TO COMMON STOCK - 100.0%			$89,898,535

(a) The following abbreviations are used in the portfolio descriptions:

AGM - Assured Guaranty Municipal Corp.*

AMBAC - Ambac Assurance Corporation*

BAM - Build America Mutual Assurance Company*

CAB - Capital Appreciation Bond

COP - Certificate of Participation

FHA - Federal Housing Authority*

NRE - National Public Finance Guarantee Corporation*

PSF - Texas Permanent School Fund*

* Indicates an obligation of credit support, in whole or in part.

(b) Prerefunded and refunded issues are secured by escrowed cash, U.S. government obligations, or other securities.

The percentage shown for each investment category is the total value of that category as a percentage of the net assets applicable to common stock of the Fund.

Note 1. Investment Valuation

The Fund’s investments are carried at fair value which is defined as the price that the Fund might reasonably expect to receive upon selling an investment in a timely transaction to an independent buyer in the principal or most advantageous market of the investment. The three-tier hierarchy of inputs established to classify fair value measurements for disclosure purposes is summarized in the three broad levels listed below.

Level 1 – quoted prices in active markets for identical securities

Level 2 – other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risks, etc.)

Level 3 – significant unobservable inputs (including the Fund’s own assumptions in determining fair value of investments)

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DTF TAX-FREE INCOME 2028 TERM FUND INC.

SCHEDULE OF INVESTMENTS — (Continued)

January 31, 2023

(Unaudited)

The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in these securities. For more information about the Fund’s policy regarding the valuation of investments and other significant accounting policies, please refer to the Fund’s most recent financial statements contained in its annual report. The following is a summary of the inputs used to value each of the Fund’s investments at January 31, 2023:

		Level 2
Municipal bonds		$	126,957,736

There were no Level 1 or Level 3 priced securities held and there were no transfers into or out of Level 3.

Other information regarding the Fund is available on the Fund’s website at www.dpimc.com/dtf or the Securities and Exchange Commission’s website at www.sec.gov.

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