DTF Tax-Free Income 2028 Term Fund
22 hedge funds and large institutions have $10.8M invested in DTF Tax-Free Income 2028 Term Fund in 2015 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 5 increasing their positions, 6 reducing their positions, and 1 closing their positions.
100% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 1
5% more funds holding
Funds holding: 21 → 22 (+1)
0.21% less ownership
Funds ownership: 8.49% → 8.28% (-0.21%)
3% less capital invested
Capital invested by funds: $11.1M → $10.8M (-$352K)
17% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$201K |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$114K |
| 3 |
MMG
Monetary Management Group
St Louis,
Missouri
|
+$61.9K |
| 4 |
Creative Planning
Overland Park,
Kansas
|
+$31K |
| 5 |
Morgan Stanley
New York
|
+$23.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$341K |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$140K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$83.7K |
| 4 |
FM
Foster & Motley
Cincinnati,
Ohio
|
-$74.3K |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$47K |
DTF Hedge Fund Activity: Q1 2015 in Review
22 of the 3,770 institutional investors tracked by Wall St. Rank reported a position in DTF Tax-Free Income 2028 Term Fund (DTF) for Q1 2015, worth a combined $10.8M — down 3.2% from $11.1M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new DTF positions and 1 closed out — a net gain of 1 holder — while 5 added to existing stakes and 6 trimmed.
The largest buyer was Curi RMB Capital, opening a new position worth an estimated $201K. The largest seller was Karpus Investment Management, cutting an estimated $341K.
- 22 institutional investors held DTF Tax-Free Income 2028 Term Fund (DTF) as of Q1 2015, up from 21 in Q4 2014.
- Funds reported $10.8M of DTF Tax-Free Income 2028 Term Fund stock for Q1 2015, down 3.2% quarter-over-quarter.
- 2 funds opened new DTF Tax-Free Income 2028 Term Fund positions in Q1 2015 and 1 closed out, a net change of +1 holder.
- The largest DTF Tax-Free Income 2028 Term Fund buyer in Q1 2015 was Curi RMB Capital, an estimated $201K added.
- The largest DTF Tax-Free Income 2028 Term Fund seller in Q1 2015 was Karpus Investment Management, an estimated $341K sold.
Based on aggregated 13F filings for Q1 2015.