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

CHICAGO, May 9, 2013 /PRNewswire/ --

Notification of Sources of Distribution












Distribution Period


April 2013










Distribution Amount Per Share of Common Stock

$0.065










The following table sets forth the estimated amounts of the current distribution, payable May 10, 2013, 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

0.018

28%

0.110

42%


Net Realized Long Term Capital Gains

0.005

8%

0.117

45%


Return of Capital or Other Capital Source

0.042

64%

0.033

13%


Total (per common share)

0.065

100%

0.260

100%








Average annual total return* (in relation to NAV) for the 5 years ended on April 30, 2013

14.8%


Annualized current distribution rate expressed as a percentage of NAV as of April 30, 2013

8.1%


Cumulative total return (in relation to NAV) for the fiscal year through April 30, 2013

19.9%


Cumulative fiscal year distributions as a percentage of NAV as of April 30, 2013

2.7%








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.

 













Notice of Change in Shareholder Mailings Schedule











In order to be good stewards of the Fund's resources, we have decided not to incur the expense of mailing the first and

third quarter shareholder reports beginning in 2013.  Those reports will continue to be available in their entirety on the

Fund's website, www.dnpselectincome.com and by mail to shareholders upon request.  Although annual and semi-

annual reports will continue to be mailed to shareholders, as required by law, we encourage you to access shareholder

reports and other information about the Fund on the Fund's website.
















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

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