Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
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Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
The DTF Tax-Free Income 2028 Trust is a closed-end municipal bond fund designed to provide investors with federally tax-exempt income through a specific timeframe. Specifically focusing on investment-grade municipal securities, this trust aims to deliver steady income payments without the burden of federal taxes, though state and local taxes may apply. The trust holds a diversified portfolio of bonds issued by state and local governments to fund public projects, impacting sectors such as infrastructure, education, and healthcare. By investing in this trust, participants gain access to a carefully curated selection of municipal bonds, professionally managed to ensure both quality and compliance with tax-exempt status. Maturing in 2028, the trust is structured with a clear endpoint, providing predictability and clarity for investors mapping out their financial strategies over the coming years. This asset plays a vital role in the financial market by offering an appealing income stream for those investors seeking tax efficiency within their fixed income allocation.
$11.50
+$0.04 (+0.35%)
EOD Jun 25, 2026 · Twelve Data
Revenue declined 38.9% YoY. The question is whether this is cyclical or a structural shift.
At 35x earnings, the current multiple leaves limited room for execution misses or growth deceleration.
34.6x earnings. Not cheap, the quality is already reflected in the price. Upside from here requires either margin expansion or growth re-acceleration, not just continuation.
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
$3M
▼ -38.9% YoY
Net Income (TTM)
$2M
▼ -44.7% YoY
Op. Margin
—
ROIC
—
Cash Flow & Balance Sheet
FCF
N/A
Op. Cash Flow
N/A
Net Debt
-$5M
Net Cash Position
Cash & Equiv.
$5M
Continue Research
At a P/E of 34.6, DTF Tax-Free Income 2028 Trust (DTF) trades below a two-stage DCF intrinsic value of about $311.51 per share, so at $11.50 the stock looks undervalued (2,608.8% below estimated intrinsic value). A high multiple is not the same as overvalued: fast-growing, high-quality businesses can deserve a premium. See the general approach in how to tell if a stock is overvalued.
On quality, DTF Tax-Free Income 2028 Trust scores 20/100 on Intrinsiqq's quality scorecard (a lower-quality business on these measures), weighing growth, margins, returns on capital, share count, and balance-sheet strength. All figures are computed from SEC filings; read the full methodology. This is analysis, not investment advice.
Intrinsiqq's two-stage DCF estimates an intrinsic value of about $311.51 per share for DTF, projecting its recent free cash flow forward with a growth rate that fades toward a long-run rate and discounting it back to today. Applying a 25% margin of safety gives a more conservative fair-value entry around $233.63. At today's $11.50, that puts the stock about 2,608.8% below estimated intrinsic value. The result is sensitive to the growth and discount-rate inputs, so it is best to run conservative, base and optimistic cases. You can adjust all of them yourself with the sliders on the DCF tab.
DTF Tax-Free Income 2028 Trust scores 20 out of 100 on Intrinsiqq's quality score, a weighted blend of 3 metrics each scored 0 to 100, which makes it a lower-quality business on these measures. The score weighs revenue and free-cash-flow growth, operating margins, return on invested capital, share-count change, and balance-sheet strength, all computed from SEC filings, not opinion. Because valuation only means something relative to quality, the full metric-by-metric breakdown is on the quality scorecard.
That depends on valuation and quality together, not either alone. DTF currently trades below its estimated intrinsic value and scores 20/100 on quality (lower-quality). A cheap price is only a bargain if the business is durable, and a premium can be justified by genuine quality, so the two questions, "is it cheap?" and "is it good?", only make sense side by side. Read the valuation against the quality scorecard, run the DCF on your own assumptions, and decide for yourself. This is analysis from SEC filings, not investment advice.