DNP Select Income Fund Inc. Section 19(a) Notice
11 Novembro 2024 - 9:48PM
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 share of common stock based on U.S. generally
accepted accounting principles, which may differ from federal
income tax regulations.
Distribution Estimates
October 2024
Fiscal YTD
Sources
Per Share Amount
% of Current Distribution
Per Share Amount
% of Cumulative Distributions
Net Investment Income
$
0.004
6%
$
0.172
22%
Net Realized Short-Term Capital Gains
-
-
-
-
Net Realized Long-Term Capital Gains
-
-
0.429
55%
Return of Capital (or Other Capital
Source)
0.061
94%
0.179
23%
Total (per common share)
$
0.065
100%
$
0.780
100%
August 31, 2024
Average annual total return* on NAV for
the 5 years
6.06%
Annualized current distribution rate as a
percentage of NAV
8.59%
Cumulative total return on NAV for the
fiscal YTD
28.21%
Cumulative fiscal YTD distributions as a
percentage of NAV
7.15%
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 Fund estimates that it has distributed more than its income
and capital gains; therefore, a portion of your distribution may be
a return of capital. A return of capital may occur, for example,
when some or all of the money that you invested in the Fund is paid
back to you. A return of capital distribution does not necessarily
reflect the Fund's investment performance and should not be
confused with "yield" or "income."
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.
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version on businesswire.com: https://www.businesswire.com/news/home/20241111969827/en/
Dianna P. Wengler or Donny C. Overton Phone: (833) 604-3163
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