DNP Select Income Fund Inc. Section 19(a) Notice
DNP Select Income Fund has announced its current distribution details, payable March 10, 2025, to shareholders of record February 28, 2025. The distribution is part of the Fund's fiscal year running from November 1, 2024, to October 31, 2025.
The Fund acknowledges that it has distributed more than its income and capital gains, indicating that a portion of the distribution may represent a return of capital. This return of capital occurs when investors receive back part of their original investment, though it shouldn't be interpreted as a measure of investment performance.
As a closed-end diversified investment management company, DNP focuses on achieving current income and long-term income growth through investments in equity and fixed income securities, primarily in the public utilities industry. The Fund emphasizes that the distribution amounts are estimates and final tax reporting details will be provided via Form 1099-DIV.
Il DNP Select Income Fund ha annunciato i dettagli della sua attuale distribuzione, che sarà pagata il 10 marzo 2025, agli azionisti registrati il 28 febbraio 2025. La distribuzione fa parte dell'anno fiscale del Fondo che va dal 1 novembre 2024 al 31 ottobre 2025.
Il Fondo riconosce di aver distribuito più del suo reddito e dei guadagni in conto capitale, indicando che una parte della distribuzione potrebbe rappresentare un rimborso di capitale. Questo rimborso di capitale si verifica quando gli investitori ricevono indietro parte del loro investimento originale, anche se non dovrebbe essere interpretato come un indicatore della performance dell'investimento.
Come società di gestione degli investimenti diversificata a chiusura, DNP si concentra sul raggiungimento di un reddito attuale e di una crescita del reddito a lungo termine attraverso investimenti in titoli azionari e a reddito fisso, principalmente nel settore dei servizi pubblici. Il Fondo sottolinea che gli importi delle distribuzioni sono stime e i dettagli finali per la dichiarazione fiscale saranno forniti tramite il modulo 1099-DIV.
El DNP Select Income Fund ha anunciado los detalles de su distribución actual, que se pagará el 10 de marzo de 2025, a los accionistas registrados el 28 de febrero de 2025. La distribución forma parte del año fiscal del Fondo que abarca del 1 de noviembre de 2024 al 31 de octubre de 2025.
El Fondo reconoce que ha distribuido más de sus ingresos y ganancias de capital, lo que indica que una parte de la distribución puede representar un reembolso de capital. Este reembolso de capital ocurre cuando los inversores reciben de vuelta parte de su inversión original, aunque no debe interpretarse como una medida del rendimiento de la inversión.
Como compañía de gestión de inversiones diversificada cerrada, DNP se enfoca en lograr ingresos actuales y crecimiento de ingresos a largo plazo a través de inversiones en valores de renta variable y de renta fija, principalmente en la industria de servicios públicos. El Fondo enfatiza que los montos de distribución son estimaciones y los detalles finales de informes fiscales se proporcionarán a través del Formulario 1099-DIV.
DNP 셀렉트 인컴 펀드는 2025년 3월 10일에 지급될 현재 배당금 세부 사항을 발표했으며, 2025년 2월 28일 기준 주주에게 지급됩니다. 이 배당금은 2024년 11월 1일부터 2025년 10월 31일까지의 펀드 회계 연도의 일부입니다.
펀드는 수익 및 자본 이익을 초과하여 배당금을 분배했음을 인정하며, 이는 배당금의 일부가 자본 환급을 나타낼 수 있음을 의미합니다. 자본 환급은 투자자가 원래 투자금의 일부를 되돌려 받을 때 발생하지만, 이는 투자 성과의 척도로 해석되어서는 안 됩니다.
폐쇄형 다각화 투자 관리 회사인 DNP는 주로 공공 유틸리티 산업에 대한 주식 및 고정 수입 증권에 대한 투자로 현재 수익 및 장기 수익 성장을 달성하는 데 집중하고 있습니다. 펀드는 배당금 금액이 추정치이며 최종 세금 보고 세부 사항은 1099-DIV 양식을 통해 제공될 것임을 강조합니다.
Le DNP Select Income Fund a annoncé les détails de sa distribution actuelle, payable le 10 mars 2025, aux actionnaires enregistrés le 28 février 2025. La distribution fait partie de l'exercice fiscal du Fonds qui s'étend du 1er novembre 2024 au 31 octobre 2025.
Le Fonds reconnaît avoir distribué plus que ses revenus et gains en capital, ce qui indique qu'une partie de la distribution peut représenter un remboursement de capital. Ce remboursement de capital se produit lorsque les investisseurs reçoivent une partie de leur investissement initial, bien que cela ne doive pas être interprété comme une mesure de la performance de l'investissement.
En tant que société de gestion d'investissements diversifiée à capital fermé, DNP se concentre sur l'obtention d'un revenu actuel et d'une croissance du revenu à long terme grâce à des investissements dans des titres de participation et des titres de créance, principalement dans le secteur des services publics. Le Fonds souligne que les montants de distribution sont des estimations et que les détails finaux de déclaration fiscale seront fournis via le formulaire 1099-DIV.
Der DNP Select Income Fund hat die Details seiner aktuellen Ausschüttung bekannt gegeben, die am 10. März 2025 an die Aktionäre ausgezahlt wird, die am 28. Februar 2025 im Aktienregister stehen. Die Ausschüttung ist Teil des Geschäftsjahres des Fonds, das vom 1. November 2024 bis zum 31. Oktober 2025 läuft.
Der Fonds erkennt an, dass er mehr als sein Einkommen und Kapitalgewinne ausgeschüttet hat, was darauf hindeutet, dass ein Teil der Ausschüttung einen Kapitalrückfluss darstellen kann. Dieser Kapitalrückfluss tritt auf, wenn Investoren einen Teil ihrer ursprünglichen Investition zurückerhalten, sollte jedoch nicht als Maß für die Anlageperformance interpretiert werden.
Als geschlossenes diversifiziertes Investmentmanagementunternehmen konzentriert sich DNP darauf, durch Investitionen in Aktien und festverzinsliche Wertpapiere, hauptsächlich im Bereich der öffentlichen Versorgungsunternehmen, ein aktuelles Einkommen und ein langfristiges Einkommenswachstum zu erzielen. Der Fonds betont, dass die Ausschüttungsbeträge Schätzungen sind und die endgültigen steuerlichen Berichtsdetails über das Formular 1099-DIV bereitgestellt werden.
- None.
- None.
Distribution Period |
February 2025 |
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Distribution Amount Per Share of Common Stock |
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The following table sets forth the estimated amounts of the current distribution, payable March 10, 2025 to shareholders of record February 28, 2025, together with the cumulative distributions paid this fiscal year-to-date (YTD) from the following sources. The fiscal year is November 1, 2024 to October 31, 2025. All amounts are expressed per share of common stock based on
Distribution Estimates |
February 2025 |
Fiscal YTD |
||||
Sources |
Per Share Amount |
% of Current Distribution |
Per Share Amount |
% of Cumulative Distributions |
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Net Investment Income |
$ |
0.027 |
|
$ |
0.075 |
|
Net Realized Short-Term Capital Gains |
|
- |
- |
|
0.003 |
|
Net Realized Long-Term Capital Gains |
|
0.032 |
|
|
0.182 |
|
Return of Capital (or Other Capital Source) |
|
0.006 |
|
|
- |
- |
Total (per common share) |
$ |
0.065 |
|
$ |
0.260 |
|
November 30, 2024 |
|
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Average annual total return* on NAV for the 5 years |
|
|
|
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Annualized current distribution rate as a percentage of NAV |
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|
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Cumulative total return on NAV for the fiscal YTD |
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|
|
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Cumulative fiscal YTD distributions as a percentage of NAV |
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The Fund will issue a separate 19(a) notice at the time of each monthly distribution using the most current financial information available. You should not draw any conclusions about the Fund's investment performance from the amount of this distribution or from the terms of the Fund’s managed distribution plan.
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 or your broker 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.dpimc.com/dnp or call the Fund at (800) 864-0629.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250307134057/en/
DNP Select Income Fund Inc.
Donny C. Overton
(833) 604-3163
Source: DNP Select Income Fund Inc.
FAQ
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