DTF Tax Free Income Closed Fund
DTF Tax-Free Income 2028 Term Fund Inc. is a closed-ended fixed income mutual fund launched by Virtus Investment Partners, Inc. The fund is managed by Duff & Phelps Investment Management Co. It invests primarily in a diversified portfolio of investment grade tax-exempt utility obligations. The fund invests in various sectors, such as water and sewer, electric utilities, prerefunded utilities, pol… Read more
DTF Tax Free Income Closed Fund (DTF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of October 2023: 0.455x
Based on the latest financial reports, DTF Tax Free Income Closed Fund (DTF) has a cash flow conversion efficiency ratio of 0.455x as of October 2023.
Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($38.30 Million) by net assets ($84.20 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
DTF Tax Free Income Closed Fund - Cash Flow Conversion Efficiency Trend (2006–2023)
This chart illustrates how DTF Tax Free Income Closed Fund's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
DTF Tax Free Income Closed Fund Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of DTF Tax Free Income Closed Fund ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
PHOENIX BEVERAGES LTD
SEM:PBL
|
N/A |
|
GLOG11
SA:GLOG11
|
N/A |
|
AVALA RES
F:CVJ
|
N/A |
|
Nykredit Invest Lange Obl KL A
CO:NYILOKLA
|
N/A |
|
CLIFFS NATURAL RES
BE:CVA
|
-0.012x |
|
Alliance Trust PLC
PINK:ALITF
|
0.007x |
|
Hub Cyber Security Ltd. Warrant 8/22/23
NASDAQ:HUBCZ
|
0.078x |
|
Castle Peak Mining Ltd
PINK:CPKOF
|
-0.006x |
Annual Cash Flow Conversion Efficiency for DTF Tax Free Income Closed Fund (2006–2023)
The table below shows the annual cash flow conversion efficiency of DTF Tax Free Income Closed Fund from 2006 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-10-31 | $84.20 Million | $43.42 Million | 0.516x | +73.31% |
| 2022-10-31 | $83.86 Million | $24.95 Million | 0.298x | +12.65% |
| 2021-10-31 | $110.48 Million | $29.19 Million | 0.264x | +661.11% |
| 2020-10-31 | $134.50 Million | $4.67 Million | 0.035x | +28.03% |
| 2019-10-31 | $134.20 Million | $3.64 Million | 0.027x | -25.61% |
| 2018-10-31 | $189.66 Million | $6.91 Million | 0.036x | +60.77% |
| 2017-10-31 | $133.69 Million | $3.03 Million | 0.023x | -62.76% |
| 2016-10-31 | $138.97 Million | $8.46 Million | 0.061x | +43.26% |
| 2015-10-31 | $138.98 Million | $5.90 Million | 0.042x | +60.35% |
| 2014-10-31 | $142.23 Million | $3.77 Million | 0.026x | -76.80% |
| 2013-10-31 | $134.11 Million | $15.32 Million | 0.114x | +286.76% |
| 2008-10-31 | $183.76 Million | $-11.24 Million | -0.061x | -963.42% |
| 2007-10-31 | $200.10 Million | $1.42 Million | 0.007x | -79.61% |
| 2006-10-31 | $204.30 Million | $7.09 Million | 0.035x | -- |