DNP News and Press, DNP Select Income Fund Inc. From 07/10/21

We present a 2021 half-yearly review of our 8% Income Portfolio. 2020 was a challenging year for this portfolio for obvious reasons, but it has had an excellent run in 2021 so far. The portfolio has been meeting its income goals handily as well as total returns for more than six y...

As the world convalesced from the pandemic, stocks advanced in the second quarter and earnings rebounded across sectors. With business gains broadening amid complex market risks, we think investors should lean on quality to find stocks that will perform well in a normalizing world eco...

When I get a question on a CEF or am looking at a new CEF, these are the first 5 things I will check. The five places I want to look first are; 1. Investment Policy, 2. Quick Review of Holdings, 3. Discount/Premium, 4. Performance, 5. Distributions. Once these items are checked, I...

DNP is a leveraged utilities CEF. The fund offers investors a strong 7.3% distribution yield, an outstanding distribution and performance track record, and is trading at a competitive price. An overview of the fund follows. For further details see: DNP: Strong Utilities ...

Utilities tend to be solid investments for retirees because of their stable cash flows and high yields. DNP offers a substantially better yield than indexed utility funds at 7.50%. There is some excitement around electric utilities right now, but this appears to be unjustified as ...

Late last year I gained the ability to direct a portion of my 401(k) contributions to a self-directed option. In March I published an article laying out my general strategy for building this brand new portfolio and gave an update on my progress so far. This is the second in this s...

We introduced the concept of the Near Perfect Portfolio (NPP) a year ago, last year. Since then, the market has made a remarkable comeback. It's probably time to revisit it. For most people, especially retirees, it's very difficult to tolerate large and deep drawdowns. But with index ...

For income investors, closed-end funds remain an attractive investment class that covers a variety of asset classes and promise high distributions and reasonable total returns. The market downturn last year exposed the risk of high volatility and deep drawdowns with investing in close...

Nineteen out of 23 CEF sectors are positive on price and 21 out of 23 sectors positive on NAV last week. THW rights offering concludes and was undersubscribed. GUT's and CLM/CRF's rights offerings commentary. IRR will liquidate in another Saba victory, while IID was successful...

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% ...