Duff & Phelps Utility and Infrastructure Fund Inc. Discloses Sources of Distribution – Section 19(a) Notice
Duff & Phelps Utility and Infrastructure Fund (NYSE: DPG) has announced its monthly distribution details under its managed distribution plan. The Fund will maintain its monthly distribution of $0.07 per share, payable March 10, 2025, to shareholders of record as of February 28, 2025.
Under the Plan, established in 2015, the Fund distributes all available investment income to shareholders. When monthly investment income is insufficient, the Fund will distribute realized capital gains and/or return of capital to maintain the $0.07 per share distribution level. The Fund emphasizes that distribution amounts and sources are estimates, and actual tax reporting figures may vary based on the Fund's investment performance and tax regulations.
Duff & Phelps Utility and Infrastructure Fund (NYSE: DPG) ha annunciato i dettagli della sua distribuzione mensile nell'ambito del piano di distribuzione gestito. Il Fondo manterrà la distribuzione mensile di $0,07 per azione, pagabile il 10 marzo 2025, agli azionisti registrati al 28 febbraio 2025.
Secondo il Piano, istituito nel 2015, il Fondo distribuisce tutto il reddito da investimento disponibile agli azionisti. Quando il reddito da investimento mensile è insufficiente, il Fondo distribuirà guadagni in conto capitale realizzati e/o un ritorno di capitale per mantenere il livello di distribuzione di $0,07 per azione. Il Fondo sottolinea che gli importi e le fonti di distribuzione sono stime, e le cifre effettive per la dichiarazione fiscale possono variare in base alle performance di investimento del Fondo e alle normative fiscali.
Duff & Phelps Utility and Infrastructure Fund (NYSE: DPG) ha anunciado los detalles de su distribución mensual bajo su plan de distribución gestionado. El Fondo mantendrá su distribución mensual de $0.07 por acción, pagadera el 10 de marzo de 2025, a los accionistas registrados a partir del 28 de febrero de 2025.
Bajo el Plan, establecido en 2015, el Fondo distribuye todos los ingresos de inversión disponibles a los accionistas. Cuando el ingreso de inversión mensual es insuficiente, el Fondo distribuirá ganancias de capital realizadas y/o un retorno de capital para mantener el nivel de distribución de $0.07 por acción. El Fondo enfatiza que los montos y fuentes de distribución son estimaciones, y las cifras reales para la declaración de impuestos pueden variar según el rendimiento de inversión del Fondo y las regulaciones fiscales.
더프 & 펠프스 유틸리티 및 인프라 펀드 (NYSE: DPG)는 관리 배당 계획에 따라 월 배당 세부 사항을 발표했습니다. 이 펀드는 주당 $0.07의 월 배당금을 유지하며, 2025년 3월 10일에 2025년 2월 28일 기준 주주에게 지급됩니다.
2015년에 설립된 이 계획에 따라, 펀드는 주주에게 사용 가능한 모든 투자 수익을 분배합니다. 월간 투자 수익이 부족할 경우, 펀드는 주당 $0.07의 배당 수준을 유지하기 위해 실현된 자본 이익 및/또는 자본 반환을 분배합니다. 펀드는 배당 금액과 출처가 추정치이며, 실제 세금 보고 수치는 펀드의 투자 성과 및 세금 규정에 따라 달라질 수 있음을 강조합니다.
Duff & Phelps Utility and Infrastructure Fund (NYSE: DPG) a annoncé les détails de sa distribution mensuelle dans le cadre de son plan de distribution géré. Le Fonds maintiendra sa distribution mensuelle de 0,07 $ par action, payable le 10 mars 2025, aux actionnaires inscrits au 28 février 2025.
Dans le cadre du Plan, établi en 2015, le Fonds distribue tous les revenus d'investissement disponibles aux actionnaires. Lorsque le revenu d'investissement mensuel est insuffisant, le Fonds distribuera des gains en capital réalisés et/ou un retour de capital afin de maintenir le niveau de distribution de 0,07 $ par action. Le Fonds souligne que les montants et les sources de distribution sont des estimations, et que les chiffres réels pour la déclaration fiscale peuvent varier en fonction de la performance d'investissement du Fonds et des réglementations fiscales.
Duff & Phelps Utility and Infrastructure Fund (NYSE: DPG) hat die Einzelheiten seiner monatlichen Ausschüttung im Rahmen seines verwalteten Ausschüttungsplans bekannt gegeben. Der Fonds wird seine monatliche Ausschüttung von 0,07 $ pro Aktie beibehalten, zahlbar am 10. März 2025, an die Aktionäre, die am 28. Februar 2025 im Buch stehen.
Im Rahmen des Plans, der 2015 eingerichtet wurde, verteilt der Fonds alle verfügbaren Anlageerträge an die Aktionäre. Wenn das monatliche Anlageergebnis nicht ausreicht, wird der Fonds realisierte Kapitalgewinne und/oder eine Rückzahlung des Kapitals ausschütten, um das Ausschüttungsniveau von 0,07 $ pro Aktie aufrechtzuerhalten. Der Fonds betont, dass die Ausschüttungsbeträge und -quellen Schätzungen sind und die tatsächlichen Steuerberichterstattungszahlen je nach Anlageerfolg des Fonds und Steuervorschriften variieren können.
- Consistent monthly distribution of $0.07 per share maintained
- Flexible distribution structure combining investment income, capital gains, and return of capital
- May need to rely on capital gains or return of capital when investment income is insufficient
Per Share Amount |
Ex-Date |
Record Date |
Payable Date |
|
February 28, 2025 |
February 28, 2025 |
March 10, 2025 |
The Fund adopted a managed distribution plan (the “Plan”) in 2015. Under the Plan, the Fund will distribute all available investment income to its shareholders, consistent with the Fund’s investment objective. If and when sufficient investment income is not available on a monthly basis, the Fund will distribute realized capital gains and/or return of capital to its shareholders in order to maintain the monthly
The following table sets forth the estimated amounts of the Fund’s February 2025 distribution to shareholders of record at the close of business on February 28, 2025 (ex-date February 28, 2025), payable March 10, 2025, together with the cumulative distributions paid from the first day of the fiscal year to this month end from the following sources. All amounts are expressed per share of common stock based on
Distribution Estimates |
February 2025 (MTD) |
Fiscal Year-to-Date (YTD)(1) |
||||
(Sources) |
Per Share Amount |
Percentage of Current Distribution |
Per Share Amount |
Percentage of Current Distribution |
||
Net Investment Income |
$ |
- |
|
$ |
0.037 |
|
Net Realized Short-Term Capital Gains |
|
0.021 |
|
|
0.101 |
|
Net Realized Long-Term Capital Gains |
|
0.049 |
|
|
0.142 |
|
Return of Capital (or other Capital Source) |
|
- |
|
|
- |
|
Total Distribution |
$ |
0.070 |
|
$ |
0.280 |
|
(1) Fiscal year started November 1, 2024. |
||||||
As of January 31, 2025 |
|
Average annual total return on NAV for the 5 years |
|
Annualized current distribution rate as a percentage of NAV |
|
Cumulative total return on NAV for the fiscal year |
|
Cumulative fiscal year distributions as a percentage of NAV |
|
The Fund will issue a separate 19(a) notice at the time of each distribution using the most current financial information available. You should not draw any conclusions about the Fund’s investment performance from the amount of these distributions or from the terms of the Plan.
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.
About the Fund
Duff & Phelps Utility and Infrastructure Fund Inc. is a closed-end investment management company whose investment objective is to seek total return, resulting primarily from (i) a high level of current income, with an emphasis on providing tax-advantaged dividend income and (ii) growth in current income, and secondarily from capital appreciation. The Fund seeks to achieve these objectives by investing primarily in equities of domestic and foreign utilities and infrastructure providers. Under normal market conditions, the Fund will invest at least
About the Investment Adviser
Duff & Phelps Investment Management Co. is a boutique investment manager that specializes in listed real asset strategies for institutional and individual clients. An affiliated manager of Virtus Investment Partners, Inc. (NYSE: VRTS), the firm began in 1932 as a fundamental research firm and has been managing assets since 1979. The firm seeks to provide specialty investment strategies that enhance client outcomes through active portfolio management and customized solutions, utilizing a process with values that include quality, reliability, and specialization. Investment strategies include
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Shareholder Services
(866) 270-7598
duff@virtus.com
Source: Duff & Phelps Utility and Infrastructure Fund
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