DPG News and Press, Duff & Phelps Global Utility Income Fund Inc. From 11/10/23

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 ...

2023-11-07 07:55:10 ET Summary The John Hancock Tax-Advantaged Dividend Income Fund aims to provide high current income and capital gains through investments in common equity. The fund has underperformed the S&P 500 Index over the past two months but has only lost 5.14% for in...

2023-10-15 10:00:00 ET Summary Longleaf Partners Funds is a suite of mutual funds and UCITS funds that Southeastern Asset Management, the investment advisor to the Longleaf Partners Funds, created in 1987 as a way for Southeastern employees to invest alongside their clients. Longl...

2023-10-09 01:49:20 ET Summary Duff & Phelps Utility and Infrastructure Fund discount has expanded rapidly after their distribution cut earlier in the year. The discount on DPG's shares seems to be stabilizing as there are signs the dust is beginning to settle, offering the po...

2023-09-28 17:59:37 ET Summary Closed-end funds with high distribution rates and elevated premiums may be setting investors up for significant losses. Guggenheim Strategic Opportunities Fund (GOF) and Gabelli Utility Trust (GUT) are sell candidates due to weak distribution coverag...

2023-09-24 09:15:00 ET Summary Utilities sector underperforms in 2023 due to rising rates and wildfire liabilities. Reaves Utility Income Trust has outperformed over the past 10 years and has a deep discount to NAV. Reaves has a lower yield but the highest 5-year dividend grow...

2023-09-21 16:29:23 ET More on Duff & Phelps Utility and Infrastructure Fund Dividend scorecard for Duff & Phelps Utility and Infrastructure Fund Equity CEFs: So DPG Cuts, But GUT Won't Have To? DPG: The Big Cut For further details see: Duff &...

2023-09-17 06:55:11 ET Summary Healthcare sector faces negative trends in 2023: higher interest rates, Medicare drug price negotiation, and capital flows favoring technology. BlackRock Health Sciences Trust is a solid long-term performer with a modest distribution. We give you...

2023-09-15 13:31:19 ET Summary This month, I added to 5 different closed-end funds, but it came from the result of selling off 2 for swaps as well. Swap opportunities come up as we can exploit the discount/premium mechanics in closed-end funds. Overall, I have continued to sti...

2023-09-07 01:52:35 ET Summary DNP Select Income Fund is a closed-end fund that focuses on current income and has maintained a large distribution. The fund primarily invests in utilities and midstream assets, with some exposure to the communication sector. DNP has underperform...