Financial Statements

DTF Tax-Free Income 2028 Term Fund ... (DTF)

$11.829

-0.10 (-0.85%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands

Retained Earning Schedule

Year 2020 2019 2018 2017
Retained Earnings (Previous Year) 1442-
Net Income 414-41
Stock Dividends 00127
Dividend Paid -4-5-5-6
Retained Earnings 141442

PPE Schedule

Year 2020 2019 2018 2017
Gross PPE ----
Annual Depreciation ----
Capital Expenditure ----
Net PPE ----

Intangible and Goodwill Schedule

Year 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) ----
New Purchases ----
Intangible and Goodwill ----

DTF Tax-Free Income 2028 Term Fund Inc. income statement is the only one that provides an overview of company sales and net income
The reasoning behind the adjustment, however, is that free cash flow is meant to measure money being spent right now, not transactions that happened in the past. This makes DTF Tax-Free Income 2028 Term Fund Inc. FCF a useful instrument for identifying growing companies with high up-front costs, which may eat into earnings now but have the potential to pay off later.