DNP Select Income FundDNP
DNP
About: DNP Select Income Fund Inc is a closed-ended investment management fund. The primary investment objectives of the fund are current income and long-term growth of income. Its secondary objective is capital appreciation. The Fund seeks to achieve its investment objectives by investing in the public utility industry.
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Funds holding %
of 6,809 funds
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Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
18% more repeat investments, than reductions
Existing positions increased: 94 | Existing positions reduced: 80
14% more capital invested
Capital invested by funds: $286M [Q2] → $327M (+$40.6M) [Q3]
0.67% less ownership
Funds ownership: 9.66% [Q2] → 8.99% (-0.67%) [Q3]
2% less funds holding
Funds holding: 299 [Q2] → 292 (-7) [Q3]
19% less first-time investments, than exits
New positions opened: 29 | Existing positions closed: 36
Research analyst outlook
We haven’t received any recent analyst ratings for DNP.
Financial journalist opinion
Based on 3 articles about DNP published over the past 30 days
Neutral
Business Wire
6 days ago
DNP Select Income Fund Announces Dividends and Sources of Distribution
CHICAGO--(BUSINESS WIRE)--The Board of Directors of DNP Select Income Fund Inc. (NYSE: DNP), a closed-end fund advised by Duff & Phelps Investment Management Co., today authorized the payment of dividends on its common stock as follows: Cents Per Share Ex-Dividend Date Record Date Payable Date 6.5 January 31, 2025 January 31, 2025 February 10, 2025 6.5 February 28, 2025 February 28, 2025 March 10, 2025 6.5 March 31, 2025 March 31, 2025 April 10, 2025 The Fund adopted a Managed Distribution.
Neutral
Seeking Alpha
1 week ago
DNP: Big Income, Market Crash Hedge
The DNP Select Income Fund is a big-yield (8.3% paid monthly) closed-end fund that also offers an outstanding hedge against a stock market crash. We review the fund's details (strategy, holdings, leverage, distribution history, expenses) and three specific reasons why it is a compelling hedge against a stock market crash. We conclude with our strong opinion on who might want to consider investing.
Neutral
Business Wire
1 week ago
DNP Select Income Fund Inc. Section 19(a) Notice
CHICAGO--(BUSINESS WIRE)--Notification of Sources of Distribution Distribution Period November 2024 Distribution Amount Per Share of Common Stock $0.065 The following table sets forth the estimated amounts of the current distribution, payable December 10, 2024 to shareholders of record November 29, 2024, 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 p.
Positive
Seeking Alpha
1 month ago
DNP: Improving Finances And Inflation Protection
The DNP Select Income Fund offers an 8.42% yield and invests in dividend-growing common equities, providing inflation protection and stable income for investors. Despite underperforming the S&P 500 Index, the fund's total return, including distributions, was 11.97% YoY, aligning with historical S&P 500 average returns. The fund's portfolio is heavily focused on utilities, ensuring stable cash flows and recession-resistant performance, making it a reliable income source.
Neutral
Business Wire
1 month ago
DNP Select Income Fund Inc. Section 19(a) Notice
CHICAGO--(BUSINESS WIRE)--Notification of Sources of Distribution Distribution Period October 2024 Distribution Amount Per Share of Common Stock $0.065 The following table sets forth the estimated amounts of the current distribution, payable November 12, 2024 to shareholders of record October 31, 2024, together with the cumulative distributions paid this fiscal year-to-date (YTD) from the following sources. The fiscal year is November 1, 2023 to October 31, 2024. All amounts are expressed per s.
Positive
Forbes
2 months ago
5 Monthly Payers For Retiring On Just $500K
If there's anything better than monthly dividends, well, we contrarians don't want to know about it. Getting paid on the same schedule as our bills (monthly!
Neutral
Business Wire
2 months ago
DNP Select Income Fund Inc. Section 19(a) Notice
CHICAGO--(BUSINESS WIRE)--Notification of Sources of Distribution Distribution Period September 2024 Distribution Amount Per Share of Common Stock $0.065 The following table sets forth the estimated amounts of the current distribution, payable October 10, 2024 to shareholders of record September 30, 2024, together with the cumulative distributions paid this fiscal year-to-date (YTD) from the following sources. The fiscal year is November 1, 2023 to October 31, 2024. All amounts are expressed pe.
Neutral
Business Wire
3 months ago
DNP Select Income Fund Announces Dividends and Sources of Distribution
CHICAGO--(BUSINESS WIRE)--The Board of Directors of DNP Select Income Fund Inc. (NYSE: DNP), a closed-end fund advised by Duff & Phelps Investment Management Co., today authorized the payment of dividends on its common stock as follows: Cents Per Share Ex-Dividend Date Record Date Payable Date 6.5 October 31, 2024 October 31, 2024 November 12, 2024 6.5 November 29, 2024 November 29, 2024 December 10, 2024 6.5 December 31, 2024 December 31, 2024 January 10, 2025 The Fund adopted a Managed Di.
Neutral
Business Wire
3 months ago
DNP Select Income Fund Inc. Section 19(a) Notice
CHICAGO--(BUSINESS WIRE)--Notification of Sources of Distribution Distribution Period August 2024 Distribution Amount Per Share of Common Stock $0.065 The following table sets forth the estimated amounts of the current distribution, payable September 10, 2024 to shareholders of record August 31, 2024, together with the cumulative distributions paid this fiscal year-to-date (YTD) from the following sources. The fiscal year is November 1, 2023 to October 31, 2024. All amounts are expressed per sh.
Positive
Seeking Alpha
3 months ago
DNP: Long-Term Capital Preservation Combined With Consistent Income
DNP Select Income Fund offers consistent income with an 8.2% dividend yield, maintaining stable prices since 1987, making it ideal for income-focused investors. The fund's balanced portfolio includes 77% common stocks, 17% bonds and cash, and 6% MLPs, ensuring diversified exposure within the utilities sector. Despite trading at an 8.33% premium to NAV, the potential benefits from future interest rate cuts make it an attractive long-term buy.
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