DNP News and Press, DNP Select Income Fund Inc. From 07/06/22

We previously discussed Buffett's explanation for why smart people go broke. We then made the connection to why we generally don't buy CEFs. However, this does not mean that investors should never buy any CEFs under any circumstances. Back in March, we wrote : ...

June income beats June 2021 by 74.58%, Q2 beats by 36.78%, and 1H is up 33.2%. 46 companies paid including 6 raises/specials; all listed by date received, yearly payment, price, yield and comments. Dividend yield rose to ~5.3% from 4.9% in May. June transactions were 1 trim,5 ...

0 out of 23 CEF sectors positive on price and 0 out of 23 sectors positive on NAV last week. Commodities lead while MLPs lag. MLPs are the most discounted CEF sector. For further details see: Weekly Closed-End Fund Roundup: June 19, 2022

ERH is a closed-end fund with a 70/30 utilities and high yield bonds bucketing. The fund has enviable long-term returns (the 10-year annualized return clocks in at 11.2%) and risk/reward analytics that compare favorably with the more popular DNP fund. NextEra Energy is the largest...

The U.S., U.K., Japan and Canada will ban new imports of Russian gold as part of efforts to respond to the invasion of Ukraine, the British government said on Sunday, signaling potentially tighter supplies of bullion. The ban by four of the G7 countries will begin soon and apply to newly mine...

We last touched on this stellar group of closed-end funds in the fall of 2021. However, so much has changed since that time; I wanted to revisit to look at distribution coverage and the likelihood they remain stable payers. The good news so far, the same six funds remain in this u...

DNP is a famous fund that has maintained its distribution through thick and thin. The current 7.8% yield looks tempting in this market. We tell you why that's completely unsustainable over medium term (4-6 years) timeframes. For further details see: DNP: The Enigma Runni...

Rose’s Income Garden “RIG” value is down, bit by the bear, and in the red by ~1% yet still beats SPY by ~19%. All 11 sectors are represented in the 89 stock RIG, with 8 utility investments providing 11.6% value and 9.5% income. Utilities are a defensive partic...

Rose’s Income Garden “RIG” portfolio value is up 6.1% YTD, up 2.3% from April, beating the S&P 500 by ~19.4%, which was down 13.3% YTD. May Income beats 2021 by 25.35%; dividend yield remains 4.9% with 19 company payments revealed along with 1 raise. Trans...

April dividend yield increased a bit to 4.8%, with income down a bit by 0.6% from 2021 and down 2.6% from Jan 2022 Q1. RIG value is green, up 4.2% YTD and holds the advantage by 17.5% over the S&P 500 which was down 8.8% for April and 13.3% YTD. Transactions were 1 sell, 1 buy...