2014

DNP Select Income Fund Inc. Section 19(a) Notice

CHICAGO, Feb. 8, 2012 /PRNewswire/ --  

    

Notification of Sources of Distribution

 

 

 

 

 

 

 

 

 

 

 

Distribution Period

 

January 2012

 

 

 

 

 

 

 

 

 

Distribution Amount Per Share of Common Stock

$0.065

 

 

 

 

 

 

 

 

 


The following table sets forth the estimated amounts of the current distribution, payable February 10, 2012, and the cumulative distributions paid this fiscal year to date from the following sources: net investment income; net realized short term capital gains; net realized long term capital gains; and return of capital or other capital source. All amounts are expressed per share of common stock based on U.S. generally accepted accounting principles, which may differ from federal income tax regulations.

 

 

 

 

 

 

Current
Distribution ($)

% Breakdown

 of the Current
Distribution

Total Cumulative
Distributions for
the Fiscal Year
to Date ($)

% Breakdown
of the Total
Cumulative
Distributions for
the Fiscal Year
to Date

 

Net Investment Income

0.021

33%

0.021

33%

 

Net Realized Short Term Capital Gains

0.000

0%

0.000

0%

 

Net Realized Long Term Capital Gains

0.037

57%

0.037

57%

 

Return of Capital or Other Capital Source

0.007

10%

0.007

10%

 

Total (per common share)

0.065

100%

0.065

100%

 

 

 

 

 

 

 

Average annual total return* (in relation to NAV) for the 5 years ended on January 31, 2012

7.7%

 

Annualized current distribution rate expressed as a percentage of NAV as of January 31, 2012

9.7%

 

Cumulative total return (in relation to NAV) for the fiscal year through January 31, 2012

-2.7%

 

Cumulative fiscal year distributions as a percentage of NAV as of January 31, 2012

0.8%

 


You should not necessarily draw any conclusions about the Fund's investment performance from the amount of this distribution.

The Fund estimates that it has distributed more than its income and capital gains; therefore, a portion of your distribution may be a return of capital. A return of capital may occur, for example, when some or all of the money that you invested in the Fund is paid back to you. A return of capital distribution does not necessarily reflect the Fund's investment performance and should not be confused with "yield" or "income."

The amounts and sources of distributions reported in this Notice are only estimates and are not being provided for tax reporting purposes. The actual amounts and sources of the amounts for tax reporting purposes will depend upon the Fund's investment experience during the remainder of the fiscal year and may be subject to changes based on tax regulations. The Fund will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes.

* Simple arithmetic average of each of the past five annual returns.

DNP Select Income Fund Inc. (NYSE: DNP) is a closed-end diversified investment management company.  The Fund's primary investment objectives are current income and long-term growth of income.  The Fund seeks to achieve these objectives by investing primarily in a diversified portfolio of equity and fixed income securities of companies in the public utilities industry.  For more information, visit the Fund's website at www.dnpselectincome.com or call the Fund at (800) 864-0629.

SOURCE DNP Select Income Fund Inc.



RELATED LINKS
http://www.dnpselectincome.com

More by this Source


Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

 

PR Newswire Membership

Fill out a PR Newswire membership form or contact us at (888) 776-0942.

Learn about PR Newswire services

Request more information about PR Newswire products and services or call us at (888) 776-0942.