DNP - DNP Select Income Fund Inc. Looks to Continue to Trade Above its Annual-High Share Price Today
Shares of DNP Select Income Fund Inc. (NYSE:DNP) traded today at $11.32, eclipsing its 52-week high. Approximately 133,000 shares have changed hands today, as compared to an average 30-day volume of 655,000 shares.
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.
In the past 52 weeks, shares of DNP Select Income Fund Inc. have traded between a low of $9.75 and a high of $11.32 and is now at $11.30, which is 16% above that low price.
DNP Select Income Fund Inc. (NYSE:DNP) defies analysts with a current price ($11.30) 0.7% above its average consensus price target of $11.22.
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