CEF Advisors AICA Event NAVigator Podcast

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DNP Select Income Fund (DNP)

Specialty Equity Funds - Utilities Funds

Data as of March 24, 2023
Market Price $11.11 (+ $0.03)
NAV (March 24, 2023) $8.49 (+ $0.23)
Fund Listed NYSE
Premium / Discount 30.86% (-3.28%)
Fund Info
Inception Jan. 21, 1987
Sponsor Virtus Investment Advisers
Website https://www.dpimc.com/...
Phone 1 (877) 381-2537
Location Kentucky
Incorporated Maryland (Subject to the Maryland Act)
Staggered Board Yes
Objective: Current income and long-term growth of income; equity and fixed income securities of the public utilities industry
Related Indexes
Equity Income Index
60/40 Balanced (w/ BDCs) Index
Utilities / Infrastructure Index
Premium CEF/BDC Index
All Sector Equity CEF Index
Alternative Income Index
Capital & Leverage
Outstanding Shares 354,377,900
Total Assets (Reported: Oct. 31, 2022) $4,224M
Estimated Total Assets $4,091M
Net Assets $3,009M
Market Cap $3,937M
Portfolio Turnover 9.00%
Total Leverage 26.46%
Structural Leverage (out of total) 100.00%
Portfolio Leverage (out of total) 0.00%
Expense Ratio 1.90%
Non Lev Exp Ratio 0.98%
Rel Lev Cost 2.52%
Discount Data
Average Discount (3 Yr) 16.40%
Discount Low(3 Yr) 3.87%
Discount High(3 Yr) 34.80%
Discount Rel Range (3 Yr) 87.27%
Comp Discount 23.28
Discount St Dev (1Yr) 7.14
Z-Stat (6mo) 1.42
Z-Stat (1Yr) 1.57
Z-Stat (3Yr) 2.15
Comp Z-Stat (6mo) 1.59
Comp Z-Stat (3Yr) 2.30
Distribution Data
Market Yield 7.02%
Income Yield 2.48%
Lev Adj NAV Yield 7.26%
Distribution Frequency M
Current Distribution $0.065
Current Income $0.023
Ex-Date 3/30/23
Payable Date 4/10/23
Div Growth (3yr) 0.00%
Dividend Change -7.1% on 12/12/05
Expected Div 6/8/23
RoC (1yr) 15.54%
RoC (3yr) 15.30%
Tax Dividend Data 2022 2020 - 2022
Income 31.3% 32.9%
ST Gains 0% 0%
QDI 23.1% 24.9%
LT Gains 51.7% 51.1%
RoC 17.0% 16.1%
Volume & Liquidity
Average Daily $ (K) $5,122
Avg Volume 30 day 489,309
Avg Volume 90 day 461,004
Volume Trend 6.14%
Comp Volume Trend 4.80%
Correlation & Volatility
Price Correlation (1yr)
vs. S&P 500 (TR)
Price Correlation (1yr)
vs. CEFA's 12 Major CEF Sectors Index
Price Correlation (1yr)
vs. CEFA's Utilities / Infrastructure Index
Most Correlated Peer (Mk Pr): UTG 80.0%
NAV - Price Correlation (30 d) 58.7%
NAV - Price Correlation (90 d) 73.9%
NAV - Price Correlation (1 Yr) 59.6%
Price St Dev (1Yr) 17.2%
NAV St Dev (1Yr) 22.7%
Earnings / Share (10/31/22) $0.014
Earn Coverage 22.00%
Earnings Trend Down
UNII / Share (10/31/22) $-0.068
Rel UNII -24.46
UNII Trend Up
NAV Beta (2yr)
vs. S&P 500 (TR)
NAV Beta (2yr)
vs. CEFA's 12 Major CEF Sectors Index
NAV Beta (2yr)
vs. CEFA's Utilities / Infrastructure Index


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NOTES: Distribution type sourced from CEFdata.com. For specific information about a fund's distribution sources, visit the fund sponsor's website.

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