DNP News and Press, DNP Select Income Fund Inc. From 01/26/24

2024-01-26 09:00:00 ET Summary 2023 year-end review of our 8% Income Portfolio. This high-income portfolio earned over $29,000 in distributions amounting to over 14% yield-on-cost basis and roughly 8.6% on average portfolio value. We will provide updates on trades during the y...

2024-01-23 14:54:57 ET Summary Money can buy happiness if spent on the elements of the good life like relationships, shared experiences, and health rather than material possessions. Research shows that spending money on others can also increase happiness. The key to using mone...

2024-01-03 03:05:50 ET Summary In 2023, my portfolio generated record levels of tax-free income from CEF and stock distributions. Profits from swing trades were good but less than the past 2 years. 2023 was a year of investing in underperforming sectors in expectation of futu...

2023-12-21 02:28:33 ET Summary DNP Select Income Fund has had a rough year, losing approximately 17% in total returns compared to gains in the S&P 500. Utility sector valuations have normalized, making the sector attractive on a relative basis. While DNP's premium valuatio...

2023-12-06 11:53:53 ET Summary RIG is beating SPY over the last 2 years since its inception by 11.1% all the while paying income with a 5+% yield. Rising valuations for dividend-paying stocks continue, with RIG currently yielding 5-5.6% and has a 6% forward yield. In November,...

2023-12-04 18:00:00 ET Summary We had rated DNP a Strong Sell, as the fund had a toxic combination of leverage and premium to NAV. DNP has dropped sharply and thesis has been validated. We compare this with another fund, BUI, and tell you why we prefer the latter. We also ...

2023-12-03 01:00:00 ET Stock Traders Daily has produced this trading report using a proprietary method.  This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...

2023-11-24 10:00:00 ET Summary If you're a big-yield contrarian investor, the 9.2% yield Duff & Phelps Utility and Infrastructure Fund stands out like a sore thumb, as compared to 25 other top big yielders. Specifically, the fund has gotten slammed by its out-of-favor utilitie...

2023-11-10 14:10:26 ET Summary DNP Select Income Fund offers a high level of income with an 8.57% current yield, higher than the S&P 500 Index. The fund's recent performance has been disappointing, with an 18.89% decline in share price compared to a 10.50% gain in the S&P ...

2023-10-17 07:34:32 ET Summary Closed-end funds are currently trading at historically deep discounts, with the average discount at -9.64% at the end of Q3 2023. Municipal bond funds are experiencing particularly wide discounts, with an average discount of -12.89%. Non-leverage...