DNP Select Income Fund Inc. : Section 19(a) Notice
January 09, 2013 at 05:35 pm
By
Share
CHICAGO, Jan. 9, 2013 /PRNewswire/ --
Notification of Sources of Distribution
Distribution Period December
2012
Distribution Amount Per Share of Common Stock $0.065
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The following table sets forth the estimated amounts of the current distribution, payable January 10, 2013, and
the cumulative distributions paid this fiscal year to date from the following sources: net investment income; net
realized short term capital gains; net realized long term capital gains; and return of capital or other capital source.
All amounts are expressed per share of common stock based on U.S. generally accepted accounting principles,
which may differ from federal income tax regulations.
Current % Breakdown Total Cumulative % Breakdown
Distribution ($) of the Current Distributions for of the Total
Distribution the Fiscal Year Cumulative
to Date ($) Distributions for
the Fiscal Year
to Date
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Net Investment Income 0.039 60% 0.452 58%
Net Realized Long Term Capital Gains 0.016 25% 0.320 41%
Return of Capital or Other Capital Source 0.010 15% 0.008 1%
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Total (per common share) 0.065 100% 0.780 100%
Average annual total return* (in relation to NAV) for the 5 years ended on December 31, 2012 8.4%
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Annualized current distribution rate expressed as a percentage of NAV as of December 31, 2012 9.5%
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Cumulative total return (in relation to NAV) for the fiscal year through December 31, 2012 8.5%
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Cumulative fiscal year distributions as a percentage of NAV as of December 31, 2012 9.5%
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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 areonlyestimates 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.
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.