DNP News and Press, DNP Select Income Fund Inc. From 04/07/21

For the fifth month in a row, equity CEFs on average posted positive returns, rising 2.77% on an NAV basis for March. While for the eleventh month in 12 fixed income CEFs posted plus-side returns (+0.45%). Twenty-four percent of all CEFs traded at a premium to their NAV, with 23% ...

DNP Select Income Fund Inc. Will Redeem Mandatory Redeemable Preferred Shares Series B and Series D PR Newswire CHICAGO , March 31, 2021 /PRNewswire/ -- DNP Select Income Fund Inc. (NYSE: DNP), a closed-end fund advised by Duff & Phelps Investment Management ...

DPG has distributed 35 cents a quarter since its inception in 2011. This is an attractive income stream if the distribution can be supported. I continue a series where I examine CEFs beyond the yield with a look at DPG which, like its sister fund DNP,  is in the utility sector. ...

DNP has distributed 6.5 cents a month for more than 10 years. This is an attractive income stream if the distribution can be supported. I continue a series where I examine CEFs beyond the yield with a look at DNP which is in the utility sector. A yield of over 7%, particularly in ...

13 out of 23 CEF sectors positive on price and 13 out of 23 sectors positive on NAV last week. MLPs lead while commodities lag. BSTZ/BMEZ boosts distributions by +48.7% and +45.0% respectively. For further details see: Weekly Closed-End Fund Roundup: March 7, 2021

I put capital to work in 5 funds for the month - 2 were new purchases and 3 were the result of swapping funds. Though all 5 funds I believe are worth investing in, if they weren't, I wouldn't have put my money there in the first place. Markets remain quite lofty, even with some vo...

DUC has merged into DNP. Surprisingly, the spread remained wide going into the final week. Such "free money" plays don't come around very often. DNP is expected to maintain its same investment strategy. For further details see: DUC/DNP Merger Arbitrage: Post Mortem ...

2 out of 23 CEF sectors positive on price and 2 out of 23 sectors positive on NAV last week. MLPs lead, while Asia equity lags. Some Nuveen funds increase distributions due to adoption of a level distribution policy. For further details see: Weekly Closed-End Fund Roundu...

Merger of Duff & Phelps Utility and Corporate Bond Trust Inc. with DNP Select Income Fund Inc. Completed Merger of Duff & Phelps Utility and Corporate Bond Trust Inc. with DNP Select Income Fund Inc. Completed PR Newswire CHICAGO , March 8, 2021 /PRNe...

While unnerving, the late-February surge in global bond yields was a game-changer for equity market leadership, with important implications for navigating the road ahead. The rebound in financials dates from last November when vaccine breakthroughs stoked hopes for the global economy ...