Dnp Select Income Fund Inc. Reports Earnings Results for the Half Year Ended April 30, 2019
June 28, 2019 at 06:48 pm IST
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DNP Select Income Fund Inc. announced earnings results for the half year ended April 30, 2019. For the half year, the company announced total revenue was USD 63.942 million. Net income was USD 379.303 million.
DNP Select Income Fund Inc. (Fund) is a closed-end diversified management investment company. The primary investment objectives of the Fund are current income and long-term growth of income. Capital appreciation is a secondary objective. The Fund seeks to achieve its investment objectives by investing primarily in a diversified portfolio of equity and fixed income securities of companies in the public utilities industry. It invests more than 65% of its total assets in securities of public utility companies engaged in the production, transmission or distribution of electric energy, gas, or telephone services. It invests in master limited partnerships, which make distributions that are primarily attributable to return of capital. The Fundâs policy of concentrating its investments in the utilities industry has been developed to take advantage of the characteristics of securities of companies in that industry. The investment advisor of the Fund is Duff & Phelps Investment Management Co.
DNP SELECT INCOME FUND INC. 
