Almitas Capital LLC Reports New 5.1% Stake in DTF Tax-Free Income 2028 Term Fund Inc.

Almitas Capital LLC filed a Schedule 13G on May 15, 2026, reporting a new significant ownership stake in DTF Tax-Free Income 2028 Term Fund Inc. (DTF). As of the event date on March 31, 2026, the investment adviser disclosed beneficial ownership of 355,089 shares of common stock, representing 5.1% of the class. This filing marks an increase from a previous ownership level of 0.0%, establishing Almitas Capital LLC as a major shareholder. The filing indicates that Almitas Capital LLC holds sole voting and dispositive power over all 355,089 shares. The securities were acquired in the ordinary course of business, with the filer certifying that the acquisition was not intended to influence or change the control of the issuer. Almitas Capital LLC is based in Santa Monica, California, and operates as a registered investment adviser. This transaction highlights a new institutional position in the tax-free income fund, which is headquartered in Greenfield, Massachusetts.