DNP Select Income Fund

OverviewSuggest Edit

The DNP Select Income Fund Inc. (NYSE: DNP) is a diversified, closed-end management investment company that first offered its common stock to the public in January 1987. The Fund's primary investment objectives are current income and long-term growth of income. Capital appreciation is a secondary objective. DNP has outstanding Floating Rate Mandatory Redeemable Preferred Shares (MRPS), secured borrowings and secured notes to leverage the common stockholders' investment.
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's investment strategies have been developed to take advantage of the income and growth characteristics, and historical performances of securities of companies in the public utilities industry.
Under normal conditions, more than 65% of the Fund's total assets will be invested in securities of public utility companies engaged in the production, transmission or distribution of electric energy, gas or telephone services.
The Fund may invest in the securities of domestic and foreign issuers as well as in securities of companies of any market capitalization, including small and mid cap common and preferred stocks. The Fund may not invest more than 25% of its total assets (valued at the time of investment) in securities of companies engaged principally in any one industry other than the public utilities industry, nor have more than 20% invested in foreign issuers. The Fund will purchase a fixed income security only if, at the time of purchase, it is rated investment grade by at least two nationally recognized statistical rating organizations.

TypePublic
HQChicago, US
Websitedpimc.com

Latest Updates

Job Openings9
Share Price (Aug 2020)$11
Cybersecurity ratingAMore

Key People/Management at DNP Select Income Fund

Nathan Partain

Nathan Partain

President Chief Investment Officer
Gustavo Alfonzo

Gustavo Alfonzo

Director of Firm Administration and Infrastructure
John Creswell

John Creswell

Executive Managing Director
Geoffrey Dybas

Geoffrey Dybas

Executive Managing Director Senior Portfolio Manager
Timothy Fitzgerald

Timothy Fitzgerald

Head of Equity Trading
David Grumhaus

David Grumhaus

Executive Managing Director Senior Portfolio Manager
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DNP Select Income Fund Office Locations

DNP Select Income Fund has an office in Chicago
Chicago, US (HQ)
200 South Wacker Drive, 200 S Wacker Dr #500
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DNP Select Income Fund Financials and Metrics

DNP Select Income Fund Revenue

Market capitalization (10-Aug-2020)

3.3b

Closing stock price (10-Aug-2020)

11.0
DNP Select Income Fund's current market capitalization is $3.3 b.
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DNP Select Income Fund Cybersecurity Score

Cybersecurity ratingPremium dataset

A

95/100

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DNP Select Income Fund Online and Social Media Presence

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DNP Select Income Fund News and Updates

DNP Select Income Fund to Voluntarily Withdraw Secondary Exchange Listing

CHICAGO, July 26, 2019 /PRNewswire/ -- The Board of Directors of DNP Select Income Fund Inc. (NYSE: DNP), a closed-end fund advised by Duff & Phelps Investment Management Co., today announced plans to voluntarily withdraw the listing of its common stock from the NYSE Chicago exchange,...

DNP Select Income Fund Announces Placement of Preferred Shares Series E and Redemption of Series A

CHICAGO, Jan. 29, 2019 /PRNewswire/ -- The Board of Directors of DNP Select Income Fund Inc. (NYSE: DNP), a closed-end fund advised by Duff & Phelps Investment Management Co., today announced the issuance of an additional series of Mandatory Redeemable Preferred Shares (MRPS). The Fund...

DNP Select Income Fund Frequently Asked Questions

  • Who are DNP Select Income Fund key executives?

    DNP Select Income Fund's key executives are Nathan Partain, Gustavo Alfonzo and John Creswell.

  • Who are DNP Select Income Fund competitors?

    Competitors of DNP Select Income Fund include Bitmap, Ontario Teachers' Pension Plan and Janus Henderson.

  • Where is DNP Select Income Fund headquarters?

    DNP Select Income Fund headquarters is located at 200 South Wacker Drive, 200 S Wacker Dr #500, Chicago.

  • Where are DNP Select Income Fund offices?

    DNP Select Income Fund has an office in Chicago.

  • How many offices does DNP Select Income Fund have?

    DNP Select Income Fund has 1 office.