The Board of Directors of Duff & Phelps Select Energy MLP announced it has approved certain modifications to the fund's non-fundamental investment policy and, as a result, a change in the name of the fund. The changes will become effective on November 20, 2018. The fund will change its investment policy to invest, under normal market conditions, at least 80 percent of its managed assets in energy master limited partnerships ("MLPs") and midstream energy companies that are not organized as MLPs. Under its current investment policy, the fund invests at least 80% of its managed assets in energy MLPs, under normal market conditions.