DNP Select Income Fund Inc. Discloses Sources of Distribution – Section 19(a) Notice
The Board of Directors of DNP Select Income Fund Inc. (NYSE: DNP), a closed-end fund advised by Duff & Phelps Investment Management Co. (the “Adviser”), previously announced the following monthly distribution on March 17, 2025:
Per Share Amount |
Ex-Date
Record Date
Payable Date
$0.065
May 30, 2025
May 30, 2025
June 10, 2025
The Fund adopted a managed distribution plan (the “Plan”) in 2007. Under the Plan, the Fund will distribute all available investment income to its shareholders, consistent with the Fund’s primary objective. If and when sufficient investment income is not available on a monthly basis, the Fund will distribute long-term capital gains or return of capital or both to its shareholders in order to maintain the 6.5 cent per share distribution level.
The following table sets forth the estimated amounts of the Fund’s May 2025 distribution to shareholders of record at the close of business on May 30, 2025 (ex-date May 30, 2025), payable June 10, 2025, together with the cumulative distributions paid from the first day of the fiscal year to this month end from the following sources. 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 |
May 2025 (MTD) |
Fiscal Year-to-Date (YTD)(1) |
||||||
(Sources) |
Per Share Amount |
Percentage of Current Distribution |
Per Share Amount |
Percentage of Current Distribution |
||||
Net Investment Income |
$ |
0.037 |
56.4 |
% |
$ |
0.136 |
29.7 |
% |
Net Realized Short-Term Capital Gains |