DTF Tax-free Income Inc (NYSE:DTF): Institutional Investor Sentiment Down to 0.5

June 20, 2017 - By Adrian Erickson

 DTF Tax free Income Inc (NYSE:DTF): Institutional Investor Sentiment Down to 0.5

Sentiment for DTF Tax-free Income Inc (NYSE:DTF)

DTF Tax-free Income Inc (NYSE:DTF) institutional sentiment decreased to 0.5 in Q4 2016. Its down -0.93, from 1.43 in 2016Q3. The ratio has worsened, as 6 funds increased and started new stock positions, while 12 cut down and sold equity positions in DTF Tax-free Income Inc. The funds in our partner’s database now hold: 522,162 shares, down from 598,998 shares in 2016Q3. Also, the number of funds holding DTF Tax-free Income Inc in their top 10 stock positions was flat from 0 to 0 for the same number . Sold All: 4 Reduced: 8 Increased: 4 New Position: 2.

DTF Tax-Free Income Inc. is a diversified, closed-end management investment company. The company has market cap of $126.75 million. The Fund’s investment objective is current income exempt from regular federal income tax consistent with the preservation of capital. It currently has negative earnings. The Fund seeks to achieve its investment objective by investing primarily in a diversified portfolio of investment-grade tax-exempt obligations.

About 2,017 shares traded. DTF Tax Free Income Inc. (NYSE:DTF) has declined 7.02% since June 20, 2016 and is downtrending. It has underperformed by 23.72% the S&P500.

Segment Wealth Management Llc holds 0.08% of its portfolio in DTF Tax Free Income Inc. for 14,401 shares. Dixon Hubard Feinour & Brown Inc Va owns 12,015 shares or 0.05% of their US portfolio. Moreover, Advisors Asset Management Inc. has 0.02% invested in the company for 95,122 shares. The New York-based Douglass Winthrop Advisors Llc has invested 0.01% in the stock. Raymond James Financial Services Advisors Inc., a Florida-based fund reported 51,656 shares.#img1#

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