DTF Tax-Free Income Inc. Announces Special Distribution

Dec 14, 2010, 14:47 ET from DTF Tax-Free Income Inc.

CHICAGO, Dec. 14, 2010 /PRNewswire-FirstCall/ -- The DTF Tax-Free Income Inc. (NYSE: DTF) (the "Fund") is announcing today a special taxable distribution of 10.786 cents per share, payable on December 28, 2010 to its common shareholders of record on December 23, 2010. The income represents taxable market discount investment income and net long term capital gains realized by the Fund.  The breakdown of the distribution on a per-share basis is as follows:

Description

Amount

Ex-Dividend Date

Record Date

Payable Date

Market Discount

$0.002877

Long-term Capital Gains

0.104983

Total Distribution

$0.107860

12/21/2010

12/23/2010

12/28/2010

For questions regarding taxable distributions, please consult your tax advisor.

DTF Tax-Free Income Inc. is a closed-end diversified investment company whose investment objective is current income exempt from regular federal income tax consistent with preservation of capital.  The fund seeks to achieve its investment objective by investing in a diversified portfolio of investment-grade tax-exempt obligations.  For more information, visit www.dtffund.com or call (800) 243-4361, extension 4941.

SOURCE DTF Tax-Free Income Inc.