DNP Select Income Fund Inc. Announces Distribution for the Month of August 2022, Payable on September 12, 2022
September 09, 2022 at 05:01 pm EDT
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DNP Select Income Fund Inc. announced distribution of $0.065 per share of common stock for the month of August 2022, payable September 12, 2022 to shareholders of record August 31, 2022, together with the cumulative distributions paid this fiscal year-to-date (YTD) from the following sources.
DNP Select Income Fund Inc. (Fund) is a closed-end diversified management investment company. The primary investment objectives of the Fund are current income and long-term growth of income. Capital appreciation is a secondary objective. The Fund seeks to achieve its investment objectives by investing primarily in a diversified portfolio of equity and fixed income securities of companies in the public utilities industry. The Fund invests more than 65% of its total assets in securities of public utility companies engaged in the production, transmission or distribution of electric energy, gas, or telephone services. It invests in master limited partnerships, which make distributions that are primarily attributable to return of capital. The Fundâs policy of concentrating its investments in the utilities industry has been developed to take advantage of the characteristics of securities of companies in that industry. The investment advisor of the Fund is Duff & Phelps Investment Management.