DTF Tax-Free Income 2028 Term Fund (DTF) vs RiverNorth Flexible Municipal Income Fund (RFM)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
DTF Tax-Free Income 2028 Term Fund (DTF) has outperformed RiverNorth Flexible Municipal Income Fund (RFM) over the past year, losing 2.4% versus a loss of 11.2%. Over five years, DTF leads with a -21.8% price change compared with -45.8% for RFM. DTF Tax-Free Income 2028 Term Fund is the larger company by market cap ($79.0 million vs $78.3 million), about 1.0 times the size.
On valuation, RiverNorth Flexible Municipal Income Fund trades at a lower trailing P/E (7.2x vs 27.4x for DTF Tax-Free Income 2028 Term Fund). DTF Tax-Free Income 2028 Term Fund pays a dividend yielding 3.47%, while RiverNorth Flexible Municipal Income Fund does not currently pay one.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | DTF | RFM |
|---|---|---|
| Share price | $11.24 | $12.81 |
| Market cap | $79.01M | $78.33M |
| 1-day change | +0.36% | -0.31% |
| YTD return | -1.93% | -8.30% |
| 1-year return | -2.35% | -11.17% |
| 5-year return | -21.84% | -45.81% |
| P/E ratio (TTM) | 27.41 | 7.20 |
| EPS (TTM) | $0.41 | $1.78 |
| Dividend yield | 3.47% | 8.23% |
| Annual dividend | $0.39 | $0.00 |
| 52-week high | $11.61 | $15.03 |
| 52-week low | $11.14 | $12.52 |
| Distance from 52-week high | -3.19% | -14.77% |
| Average volume | 6.63K | 16.50K |
| Shares outstanding | 7.03M | 6.11M |
| Sector | Financial Services | Financial Services |
| Industry | Asset Management | Asset Management |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- DTF Tax-Free Income 2028 Term Fund trades at a higher earnings multiple (27.4x vs 7.2x trailing P/E).
- RiverNorth Flexible Municipal Income Fund offers a meaningfully higher dividend yield (8.23% vs 3.47%).
About DTF Tax-Free Income 2028 Term Fund
DTF stock →DTF Tax-Free Income 2028 Term Fund Inc. is a closed-ended fixed income mutual fund launched by Virtus Investment Partners, Inc.
Financial Services · Asset Management
DTF vs RFM FAQ
Which is bigger, DTF Tax-Free Income 2028 Term Fund or RiverNorth Flexible Municipal Income Fund?
DTF Tax-Free Income 2028 Term Fund (DTF) is larger, with a market capitalization of $79.01M compared with $78.33M for RiverNorth Flexible Municipal Income Fund (RFM).
Which stock has performed better over the past year, DTF or RFM?
DTF returned -2.35% over the past 12 months, compared with -11.17% for RFM (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, DTF or RFM?
RFM has the lower trailing P/E at 7.2, versus 27.4 for DTF. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, DTF Tax-Free Income 2028 Term Fund or RiverNorth Flexible Municipal Income Fund?
RiverNorth Flexible Municipal Income Fund has the higher yield at 8.23%, compared with 3.47% for DTF Tax-Free Income 2028 Term Fund.
Are DTF Tax-Free Income 2028 Term Fund and RiverNorth Flexible Municipal Income Fund in the same industry?
Yes. Both are classified in the Asset Management industry within the Financial Services sector.