DNP News and Press, DNP Select Income Fund Inc. From 02/03/23

Summary RIG January value is green, rising 2.13% and has outperformed SPY 22.1% since inception in Nov 2021. Y/Y January dividends rose 1.78%, but 14.52% if KEN is excluded and cash rose from ~3.7% to now 14.6%. January dividends are up 2.5% from Oct Q3, the yield near 4.4% with the...

Summary PIMCO's Corporate & Income Opportunity Fund is hot. We share comparative data on over 100 big-yield CEFs, including performance, yield, strategy, discount versus premium, z-scores and more. We review four big-yield CEFs from the list (two that may be overheating and two ...

Summary Gabelli Utility Trust is a closed-end fund focused on utilities. GUT is now trading at an all-time high premium to NAV of 107%. Never in the fund's history has the market value of its shares been this high versus the market value of its assets. We feel both the underlyin...

Summary DNP is a utilities equities closed end fund with a substantial track record. The fund is one of those rare, golden standard CEFs that have always traded at premiums to NAV in the past decade. With the entire Utilities sector trading at historic high P/E ratios on the back of...

Summary Presenting our 2022 year-end review of our 8% Income Portfolio. This high-income portfolio earned over $29,000 in distributions (including year-end special distributions) amounting to over 14% yield-on-cost basis. The portfolio had a loss of -12.5% in 2022, compared to -18.2...

Summary HIPS is an ETF that has the potential to lure investors in with its high yield. But this strategy is built for bull markets in high yield bonds. We are not in one. In fact, this might be the most dangerous few years for high yield debt since the Global Financial Crisis. ...

Summary We share data on many of the biggest and most-popular big-yield CEFs. We have a special focus on Guggenheim's widely-popular Strategic Opportunities Fund (GOF), currently yielding over 13%, but trading at a large premium to its net asset value. We also review a popular lever...

Summary ZTR has hit a discount level that appears to be quite attractive relative to its historical level. Helping push it there was the fund's rights offering and an overall weaker market in 2022. The distribution yield is quite high, but I believe it appears unsustainable. If ...

Summary DNP Select Income Fund invests in a diversified portfolio of utilities and other stable companies to provide investors with a high level of current income. The fund does very limited trading over time, which helps it keep costs down and beat its benchmark index. The fund is ...

Summary RIG value/ total return perked up to just off 0.45% while outperforming SPY by ~17.3%. 5.2% income yield beats SPY's 1.7% with 22 dividend payments and 4 raises which are listed with the amount paid, yearly estimate, yield, and comments. October transactions included 4...