-

DNP Select Income Fund Inc. Section 19(a) Notice

CHICAGO--(BUSINESS WIRE)--Notification of Sources of Distribution

Distribution Period

January 2025

Distribution Amount Per Share of Common Stock

$0.065

 

The following table sets forth the estimated amounts of the current distribution, payable February 10, 2025 to shareholders of record January 31, 2025, together with the cumulative distributions paid this fiscal year-to-date (YTD) from the following sources. The fiscal year is November 1, 2024 to October 31, 2025. All amounts are expressed per share of common stock based on U.S. generally accepted accounting principles, which may differ from federal income tax regulations.

Distribution Estimates

January 2025

Fiscal YTD

Sources

Per Share Amount

% of Current
Distribution

Per Share Amount

% of Cumulative
Distributions

Net Investment Income

$

0.009

14%

$

0.049

25%

Net Realized Short-Term Capital Gains

 

0.001

2%

 

0.002

1%

Net Realized Long-Term Capital Gains

 

0.055

84%

 

0.144

74%

Return of Capital (or Other Capital Source)

 

-

-

 

-

-

Total (per common share)

$

0.065

100%

$

0.195

100%

 

November 30, 2024

 

Average annual total return* on NAV for the 5 years

 

 

8.44%

Annualized current distribution rate as a percentage of NAV

 

 

8.21%

Cumulative total return on NAV for the fiscal YTD

 

 

7.13%

Cumulative fiscal YTD distributions as a percentage of NAV

 

 

0.68%

The Fund will issue a separate 19(a) notice at the time of each monthly distribution using the most current financial information available. You should not draw any conclusions about the Fund's investment performance from the amount of this distribution or from the terms of the Fund’s managed distribution plan.

The amounts and sources of distributions reported in this notice are only estimates and are not being provided for tax reporting purposes. The actual amounts and sources of the amounts for tax reporting purposes will depend upon the Fund's investment experience during the remainder of the fiscal year and may be subject to changes based on tax regulations. The Fund or your broker will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes.

* Simple arithmetic average of each of the past five annual returns.

DNP Select Income Fund Inc. (NYSE: DNP) is a closed-end diversified investment management company. The Fund’s primary investment objectives are current income and long-term growth of income. The Fund seeks to achieve these objectives by investing primarily in a diversified portfolio of equity and fixed income securities of companies in the public utilities industry. For more information, visit the Fund’s website at www.dpimc.com/dnp or call the Fund at (800) 864-0629.

Contacts

Dianna P. Wengler or Donny C. Overton
(833) 604-3163

DNP Select Income Fund Inc.

NYSE:DNP

Release Versions

Contacts

Dianna P. Wengler or Donny C. Overton
(833) 604-3163

More News From DNP Select Income Fund Inc.

Virtus Investment Partners Reports Preliminary February 28, 2025 Assets Under Management

HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Investment Partners, Inc. (NYSE: VRTS) today reported preliminary assets under management (AUM) of $174.5 billion and other fee earning assets of $2.2 billion for total client assets of $176.7 billion as of February 28, 2025. The decrease in AUM from January 31, 2025 primarily reflects market performance and net outflows in U.S. retail mutual funds and retail separate accounts, partially offset by positive net flows in exchange-traded funds and global fu...

Virtus Dividend, Interest & Premium Strategy Fund Announces Share Repurchase Program

HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Dividend, Interest & Premium Strategy Fund (NYSE: NFJ) (the “Fund”), a closed-end fund, today announced that the Board of Trustees has adopted a share repurchase program to repurchase, at a discount to net asset value (“NAV”), up to 5% of its outstanding common shares (based on common shares outstanding as of February 13, 2025) in open market transactions. The share repurchase program is intended to enhance shareholder value, as repurchases made at a...

Virtus Total Return Fund Inc. Announces Final Results of Tender Offer

HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Total Return Fund Inc. (NYSE: ZTR) (the “Fund”) today announced final results of its previously announced tender offer to acquire 10% of its outstanding shares, which expired February 6, 2025 at 5:00 p.m. (Eastern). The Fund accepted 6,172,049 shares, representing 10% of its outstanding shares, for payment on or about February 12, 2025. A total of 20,219,605 shares were properly tendered. Therefore, on a prorated basis, approximately 30.53% of the shares...
Back to Newsroom
  1. There was an issue with the authorization server. Please contact support if the issue persists.