DNP Select Income Fund Key Executives
This section highlights DNP Select Income Fund's key executives, including their titles and compensation details.
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DNP Select Income Fund Earnings
This section highlights DNP Select Income Fund's earnings, including key dates, EPS, earnings reports, and earnings call transcripts.
Next Earnings Date
Last Earnings Results
Earnings Call Transcripts
| Transcript | Quarter | Year | Date | Estimated EPS | Actual EPS |
|---|
DNP Select Income Fund Inc. is a closed ended balanced mutual fund launched by Virtus Investment Partners, Inc. The fund is managed by Duff & Phelps Investment Management Co. It invests in the public equity and fixed income markets of the United States. For the fixed income portion, the fund invests in bonds. It seeks to invest in stocks of companies operating in the Utility sector. The fund invests in stocks of companies across all market capitalizations. It benchmarks the performance of its portfolio against the S&P 500 Utilities Index and Barclays Capital U.S. Utility Bond Index. DNP Select Income Fund Inc. was formed on November 26, 1986 and is domiciled in the United States.
$9.61
Stock Price
$3.56B
Market Cap
-
Employees
Chicago, IL
Location
Financial Statements
Access annual & quarterly financial statements for DNP Select Income Fund, including income statements, balance sheets, and cash flow statements..
Annual Income Statement
| Breakdown | October 31, 2024 | October 31, 2023 | October 31, 2022 | October 31, 2021 | October 31, 2020 |
|---|---|---|---|---|---|
| Revenue | $851.71M | $-176.87M | $-12.82M | $529.57M | $-329.90M |
| Cost of Revenue | $- | $- | $31.19M | $29.23M | $27.23M |
| Gross Profit | $851.71M | $-176.87M | $-44.01M | $500.34M | $-357.13M |
| Gross Profit Ratio | 100.00% | 100.00% | 343.29% | 94.48% | 108.25% |
| Research and Development Expenses | $- | $- | $-0 | $2 | $-1 |
| General and Administrative Expenses | $8.38M | $8.77M | $8.75M | $8.04M | $7.84M |
| Selling and Marketing Expenses | $- | $- | $- | $- | $- |
| Selling General and Administrative Expenses | $8.38M | $8.77M | $8.75M | $8.04M | $7.84M |
| Other Expenses | $- | $- | $235.60K | $246.68K | $280.35K |
| Operating Expenses | $8.64M | $31.41M | $8.99M | $8.28M | $8.12M |
| Cost and Expenses | $8.64M | $31.41M | $8.99M | $8.28M | $8.12M |
| Interest Income | $34.27M | $31.82M | $24.97M | $23.46M | $20.73M |
| Interest Expense | $61.33M | $56.10M | $30.69M | $23.31M | $28.06M |
| Depreciation and Amortization | $- | $78.47M | $-100.53M | $-99.17M | $-91.28M |
| EBITDA | $- | $-129.81M | $- | $445.42M | $-309.95M |
| EBITDA Ratio | 0.00% | 73.39% | 0.00% | 84.11% | 93.95% |
| Operating Income | $843.07M | $-208.28M | $8.88M | $521.29M | $-338.01M |
| Operating Income Ratio | 98.99% | 117.76% | -69.27% | 98.44% | 102.46% |
| Total Other Income Expenses Net | $- | $22.36M | $-122.33M | $- | $-338.01M |
| Income Before Tax | $843.07M | $-185.92M | $-21.81M | $521.29M | $-338.01M |
| Income Before Tax Ratio | 98.99% | 105.12% | 170.08% | 98.44% | 102.46% |
| Income Tax Expense | $- | $- | $100.53M | $75.87M | $63.22M |
| Net Income | $843.07M | $-185.92M | $-21.81M | $521.29M | $-338.01M |
| Net Income Ratio | 98.99% | 105.12% | 170.08% | 98.44% | 102.46% |
| EPS | $2.28 | $-0.47 | $-0.06 | $1.52 | $-1.10 |
| EPS Diluted | $2.28 | $-0.51 | $-0.06 | $1.52 | $-1.10 |
| Weighted Average Shares Outstanding | 369.51M | 395.57M | 354.38M | 343.47M | 308.03M |
| Weighted Average Shares Outstanding Diluted | 369.51M | 362.54M | 354.38M | 343.47M | 308.03M |
| SEC Filing | Source | Source | Source | Source | Source |
| Breakdown | October 31, 2024 | April 30, 2024 | October 31, 2023 | April 30, 2023 | October 31, 2022 | April 30, 2022 | October 31, 2021 | April 30, 2021 | October 31, 2020 | April 30, 2020 | October 31, 2019 | April 30, 2019 | October 31, 2018 | April 30, 2018 | October 31, 2017 | April 30, 2017 | October 31, 2016 | April 30, 2016 | October 31, 2015 | April 30, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $76.13M | $79.15M | $-88.44M | $-88.44M | $125.73M | $170.52M | $134.75M | $146.13M | $106.82M | $148.58M | $327.25M | $327.25M | $59.32M | $60.82M | $58.83M | $60.49M | $60.66M | $64.29M | $61.60M | $61.63M |
| Cost of Revenue | $- | $27.97M | $- | $- | $15.60M | $15.59M | $15.51M | $13.73M | $13.11M | $14.12M | $14.09M | $14.09M | $57.74M | $53.35M | $51.72M | $48.40M | $45.00M | $37.60M | $36.60M | $35.80M |
| Gross Profit | $76.13M | $51.18M | $-88.44M | $-88.44M | $110.13M | $154.93M | $119.25M | $132.40M | $93.71M | $134.46M | $313.17M | $313.17M | $1.58M | $7.46M | $7.11M | $12.09M | $15.66M | $26.69M | $25.00M | $25.83M |
| Gross Profit Ratio | 100.00% | 64.66% | 100.00% | 100.00% | 87.59% | 90.85% | 88.49% | 90.61% | 87.73% | 90.50% | 95.70% | 95.70% | 2.67% | 12.27% | 12.09% | 19.98% | 25.81% | 41.51% | 40.59% | 41.91% |
| Research and Development Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $1 | $1 | $- | $- | $- | $- | $- | $- | $- | $- |
| General and Administrative Expenses | $15.67M | $14.87M | $4.39M | $4.39M | $8.22M | $8.22M | $8.08M | $7.23M | $6.98M | $7.45M | $4.03M | $4.03M | $13.78M | $13.71M | $14.36M | $13.86M | $14.06M | $12.81M | $13.32M | $13.97M |
| Selling and Marketing Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $332.84K | $- | $- | $434.32K | $642.58K | $557.60K | $600.00K | $400.00K | $600.00K | $-0 | $1.20M |
| Selling General and Administrative Expenses | $15.67M | $14.87M | $4.39M | $4.39M | $8.22M | $8.22M | $8.08M | $7.23M | $6.98M | $7.45M | $4.03M | $4.03M | $13.78M | $13.71M | $14.36M | $13.86M | $14.06M | $12.81M | $13.32M | $13.97M |
| Other Expenses | $- | $- | $- | $- | $-412.58M | $156.40M | $- | $- | $- | $- | $140.10K | $140.10K | $- | $- | $- | $- | $- | $- | $- | $- |
| Operating Expenses | $15.67M | $14.87M | $15.71M | $15.71M | $184.07M | $121.80M | $14.60M | $222.00M | $26.84M | $241.88M | $4.17M | $4.17M | $75.57M | $208.03M | $84.63M | $213.98M | $82.59M | $221.69M | $222.04M | $84.27M |
| Cost and Expenses | $15.67M | $14.87M | $15.71M | $15.71M | $428.18M | $-140.81M | $97.88M | $-361.60M | $-5.50M | $586.60M | $4.17M | $4.17M | $75.57M | $208.03M | $84.63M | $213.98M | $82.59M | $221.69M | $222.04M | $84.27M |
| Interest Income | $- | $- | $15.91M | $15.91M | $9.39M | $5.96M | $5.78M | $5.88M | $6.16M | $- | $11.61M | $11.61M | $- | $- | $- | $- | $- | $- | $- | $- |
| Interest Expense | $- | $- | $28.05M | $28.05M | $18.77M | $- | $- | $- | $- | $- | $18.83M | $18.83M | $178.70M | $- | $197.98M | $455.60M | $193.20M | $469.00M | $8.04M | $7.73M |
| Depreciation and Amortization | $-60.47M | $-64.28M | $39.23M | $39.23M | $-24.62M | $-25.64M | $-24.95M | $-24.64M | $-22.35M | $-23.29M | $-48.70M | $-48.70M | $-45.54M | $-47.10M | $-44.47M | $-46.63M | $-46.60M | $-51.48M | $-48.29M | $-47.66M |
| EBITDA | $- | $-1 | $-64.91M | $-64.91M | $-302.45M | $311.33M | $11.92M | $507.73M | $112.32M | $-422.27M | $- | $- | $- | $-327.27M | $- | $- | $- | $- | $- | $- |
| EBITDA Ratio | 0.00% | -0.00% | 73.39% | 73.39% | -240.56% | 182.57% | 8.84% | 347.45% | 105.15% | -284.20% | 0.00% | 0.00% | 0.00% | -538.11% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Operating Income | $60.47M | $64.28M | $-104.14M | $-104.14M | $-302.45M | $311.33M | $36.87M | $507.73M | $112.32M | $-422.27M | $323.08M | $323.08M | $45.54M | $47.10M | $44.47M | $46.63M | $46.60M | $51.48M | $48.29M | $47.66M |
| Operating Income Ratio | 79.42% | 81.22% | 117.76% | 117.76% | -240.56% | 182.57% | 27.36% | 347.45% | 105.15% | -284.20% | 98.73% | 98.73% | 76.77% | 77.45% | 75.59% | 77.09% | 76.82% | 80.08% | 78.39% | 77.34% |
| Total Other Income Expenses Net | $522.31M | $196.01M | $11.18M | $11.18M | $-18.77M | $-11.92M | $-11.55M | $-11.75M | $-12.32M | $- | $274.39M | $274.39M | $187.37M | $-374.37M | $212.42M | $474.62M | $216.05M | $225.25M | $-216.77M | $-78.03M |
| Income Before Tax | $582.78M | $260.29M | $-92.96M | $-92.96M | $-321.22M | $299.41M | $25.32M | $495.97M | $100.01M | $-438.02M | $323.08M | $323.08M | $116.46M | $-163.63M | $128.45M | $260.63M | $131.32M | $276.74M | $-168.48M | $-30.36M |
| Income Before Tax Ratio | 765.48% | 328.87% | 105.12% | 105.12% | -255.49% | 175.58% | 18.79% | 339.41% | 93.62% | -294.80% | 98.73% | 98.73% | 196.30% | -269.06% | 218.34% | 430.89% | 216.51% | 430.45% | -273.48% | -49.27% |
| Income Tax Expense | $- | $- | $- | $- | $24.62M | $25.64M | $24.95M | $24.64M | $22.35M | $23.29M | $29.86M | $29.86M | $70.91M | $-210.74M | $83.98M | $214.00M | $84.73M | $225.25M | $-216.77M | $-78.03M |
| Net Income | $582.78M | $260.29M | $-92.96M | $-92.96M | $-321.22M | $299.41M | $25.32M | $495.97M | $100.01M | $-438.02M | $323.08M | $323.08M | $116.46M | $-163.63M | $128.45M | $260.63M | $131.32M | $276.74M | $-168.48M | $-30.36M |
| Net Income Ratio | 765.48% | 328.87% | 105.12% | 105.12% | -255.49% | 175.58% | 18.79% | 339.41% | 93.62% | -294.80% | 98.73% | 98.73% | 196.30% | -269.06% | 218.34% | 430.89% | 216.51% | 430.45% | -273.48% | -49.27% |
| EPS | $1.56 | $0.71 | $0.00 | $0.00 | $-0.92 | $0.86 | $0.07 | $1.50 | $0.32 | $-1.44 | $1.00 | $1.00 | $0.40 | $-0.56 | $0.44 | $0.92 | $0.46 | $0.98 | $-0.60 | $-0.11 |
| EPS Diluted | $1.56 | $0.71 | $0.00 | $0.00 | $-0.92 | $0.86 | $0.07 | $1.50 | $0.32 | $-1.44 | $1.00 | $1.00 | $0.40 | $-0.56 | $0.44 | $0.92 | $0.46 | $0.98 | $-0.60 | $-0.11 |
| Weighted Average Shares Outstanding | 372.95M | 366.06M | 360.29M | 358.37M | 349.04M | 348.66M | 343.47M | 330.65M | 308.03M | 303.74M | 300.95M | 297.06M | 293.20M | 289.48M | 287.49M | 285.60M | 283.66M | 281.79M | 279.79M | 277.94M |
| Weighted Average Shares Outstanding Diluted | 372.95M | 366.06M | 360.29M | 358.37M | 349.04M | 348.66M | 343.47M | 330.65M | 308.03M | 303.74M | 300.95M | 297.06M | 293.20M | 289.48M | 287.49M | 285.60M | 283.66M | 281.78M | 279.79M | 277.93M |
| SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Annual Balance Sheet
| Breakdown | October 31, 2024 | October 31, 2023 | October 31, 2022 | October 31, 2021 | October 31, 2020 |
|---|---|---|---|---|---|
| Cash and Cash Equivalents | $23.57M | $44.62M | $66.61M | $38.02M | $65.16M |
| Short Term Investments | $- | $- | $68.76M | $- | $- |
| Cash and Short Term Investments | $23.57M | $44.62M | $66.61M | $38.02M | $65.16M |
| Net Receivables | $33.32M | $17.19M | $15.65M | $15.64M | $13.34M |
| Inventory | $- | $- | $1 | $1 | $1 |
| Other Current Assets | $145.36K | $270.58K | $291.48K | $354.61K | $517.13K |
| Total Current Assets | $57.04M | $62.08M | $82.27M | $53.66M | $78.49M |
| Property Plant Equipment Net | $- | $- | $- | $- | $- |
| Goodwill | $- | $- | $- | $- | $- |
| Intangible Assets | $- | $- | $- | $- | $- |
| Goodwill and Intangible Assets | $- | $- | $- | $- | $- |
| Long Term Investments | $4.38B | $3.76B | $4.14B | $4.32B | $3.60B |
| Tax Assets | $- | $- | $- | $- | $- |
| Other Non-Current Assets | $-4.38B | $- | $-4.14B | $-4.32B | $-3.60B |
| Total Non-Current Assets | $5.08B | $3.76B | $4.14B | $4.32B | $3.60B |
| Other Assets | $-696.20M | $- | $291.48K | $354.61K | $517.13K |
| Total Assets | $4.44B | $3.82B | $4.22B | $4.38B | $3.68B |
| Account Payables | $30.05M | $29.91M | $51.42M | $25.89M | $23.64M |
| Short Term Debt | $- | $- | $- | $- | $- |
| Tax Payables | $- | $- | $- | $- | $- |
| Deferred Revenue | $- | $- | $- | $- | $- |
| Other Current Liabilities | $-30.05M | $-29.91M | $-51.42M | $-25.89M | $-23.64M |
| Total Current Liabilities | $- | $64.21M | $51.42M | $25.89M | $23.64M |
| Long Term Debt | $- | $1.10B | $- | $1.10B | $997.03M |
| Deferred Revenue Non-Current | $- | $- | $- | $- | $- |
| Deferred Tax Liabilities Non-Current | $- | $- | $- | $- | $- |
| Other Non-Current Liabilities | $- | $-1.10B | $- | $-1.10B | $-997.03M |
| Total Non-Current Liabilities | $- | $- | $51.42M | $896.56M | $698.15M |
| Other Liabilities | $1.14B | $1.14B | $1.05B | $208.80M | $301.14M |
| Total Liabilities | $1.14B | $1.14B | $1.16B | $1.13B | $1.02B |
| Preferred Stock | $- | $- | $- | $- | $- |
| Common Stock | $369.51K | $362.54K | $354.38K | $343.47K | $308.03K |
| Retained Earnings | $844.83M | $223.41M | $610.00M | $857.39M | $615.24M |
| Accumulated Other Comprehensive Income Loss | $- | $-0 | $-0 | $- | $0 |
| Other Total Stockholders Equity | $2.46B | $2.46B | $2.46B | $2.39B | $2.05B |
| Total Stockholders Equity | $3.30B | $2.68B | $3.07B | $3.24B | $2.66B |
| Total Equity | $3.30B | $2.68B | $3.07B | $3.24B | $2.66B |
| Total Liabilities and Stockholders Equity | $4.44B | $3.82B | $4.22B | $4.38B | $3.68B |
| Minority Interest | $- | $- | $- | $- | $- |
| Total Liabilities and Total Equity | $4.44B | $3.82B | $4.22B | $4.38B | $3.68B |
| Total Investments | $4.38B | $3.76B | $4.14B | $4.32B | $3.60B |
| Total Debt | $- | $972.34M | $896.98M | $896.56M | $698.15M |
| Net Debt | $-23.57M | $927.72M | $830.36M | $858.55M | $632.99M |
Balance Sheet Charts
| Breakdown | October 31, 2024 | April 30, 2024 | October 31, 2023 | April 30, 2023 | October 31, 2022 | April 30, 2022 | October 31, 2021 | April 30, 2021 | October 31, 2020 | April 30, 2020 | October 31, 2019 | April 30, 2019 | October 31, 2018 | April 30, 2018 | October 31, 2017 | April 30, 2017 | October 31, 2016 | April 30, 2016 | October 31, 2015 | April 30, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $23.57M | $39.54M | $44.62M | $74.10M | $66.61M | $129.78M | $38.02M | $90.18M | $65.16M | $57.24M | $29.92M | $23.83M | $16.95M | $33.97M | $35.35M | $37.73M | $27.14M | $38.37M | $41.11M | $48.16M |
| Short Term Investments | $- | $- | $22.97M | $68.67M | $68.76M | $68.96M | $- | $22.60M | $- | $19.00M | $37.96M | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Cash and Short Term Investments | $23.57M | $39.54M | $44.62M | $74.10M | $66.61M | $129.78M | $38.02M | $90.18M | $65.16M | $57.24M | $29.92M | $23.83M | $16.95M | $33.97M | $35.35M | $37.73M | $27.14M | $38.37M | $41.11M | $48.16M |
| Net Receivables | $33.32M | $26.48M | $17.19M | $17.95M | $15.65M | $16.37M | $15.64M | $15.77M | $13.34M | $12.40M | $15.77M | $16.17M | $16.06M | $24.06M | $14.84M | $41.17M | $16.15M | $28.82M | $17.12M | $21.99M |
| Inventory | $- | $- | $84.78M | $1 | $1 | $1 | $1 | $1 | $1 | $88.64M | $1 | $1 | $1 | $1 | $- | $- | $1 | $- | $- | $- |
| Other Current Assets | $145.36K | $407.20K | $270.58K | $474.21K | $291.48K | $555.74K | $354.61K | $322.73K | $517.13K | $679.66K | $573.05K | $733.42K | $596.09K | $459.75K | $185.25K | $280.56K | $122.21K | $274.83K | $117.65K | $266.57K |
| Total Current Assets | $57.04M | $66.42M | $61.81M | $92.05M | $82.27M | $146.15M | $53.66M | $105.95M | $78.49M | $69.64M | $45.70M | $40.01M | $33.01M | $58.03M | $50.38M | $79.18M | $43.42M | $67.47M | $58.34M | $70.42M |
| Property Plant Equipment Net | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Goodwill | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Intangible Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Goodwill and Intangible Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Long Term Investments | $4.38B | $3.17B | $3.76B | $4.24B | $4.14B | $4.45B | $4.32B | $4.34B | $3.60B | $3.60B | $4.14B | $3.94B | $3.65B | $3.58B | $3.49B | $3.40B | $3.30B | $3.02B | $2.80B | $3.12B |
| Tax Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Non-Current Assets | $-4.38B | $731.21M | $-3.76B | $-4.24B | $-4.14B | $-4.45B | $-4.32B | $-4.34B | $-3.60B | $-3.60B | $-4.14B | $-3.94B | $-3.65B | $-3.58B | $353.99M | $376.43M | $345.83M | $573.55M | $603.72M | $531.37M |
| Total Non-Current Assets | $5.08B | $3.90B | $3.76B | $4.24B | $4.14B | $4.45B | $4.32B | $4.34B | $3.60B | $3.60B | $4.14B | $3.94B | $3.65B | $3.58B | $3.84B | $3.78B | $3.64B | $3.59B | $3.40B | $3.65B |
| Other Assets | $-696.20M | $- | $270.58K | $474.21K | $291.48K | $555.74K | $354.61K | $322.73K | $517.13K | $679.66K | $573.05K | $733.42K | $596.09K | $459.75K | $- | $- | $- | $- | $- | $- |
| Total Assets | $4.44B | $3.97B | $3.82B | $4.33B | $4.22B | $4.60B | $4.38B | $4.44B | $3.68B | $3.67B | $4.18B | $3.98B | $3.68B | $3.63B | $3.89B | $3.86B | $3.69B | $3.66B | $3.46B | $3.72B |
| Account Payables | $30.05M | $- | $29.91M | $38.85M | $51.42M | $26.47M | $25.89M | $25.60M | $23.64M | $33.71M | $24.04M | $24.02M | $4.72M | $22.44M | $- | $2.90M | $5.00M | $13.38M | $- | $4.12M |
| Short Term Debt | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Tax Payables | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Deferred Revenue | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Current Liabilities | $-30.05M | $32.21M | $-29.91M | $-38.85M | $-51.42M | $-26.47M | $-25.89M | $-25.60M | $-23.64M | $-33.71M | $-24.04M | $-24.02M | $-4.72M | $-22.44M | $24.48M | $24.15M | $24.02M | $21.21M | $21.01M | $21.06M |
| Total Current Liabilities | $- | $32.21M | $29.91M | $38.85M | $51.42M | $26.47M | $25.89M | $25.60M | $23.64M | $33.71M | $24.04M | $24.02M | $27.43M | $22.44M | $24.48M | $27.05M | $29.02M | $34.59M | $21.01M | $25.17M |
| Long Term Debt | $- | $1.10B | $1.10B | $1.10B | $- | $- | $1.10B | $1.10B | $997.03M | $996.62M | $996.21M | $995.81M | $996.10M | $995.55M | $995.01M | $994.45M | $993.91M | $997.08M | $996.74M | $1.00B |
| Deferred Revenue Non-Current | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Deferred Tax Liabilities Non-Current | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Non-Current Liabilities | $- | $1 | $-1.10B | $-1.10B | $- | $- | $-1.10B | $-1.10B | $-997.03M | $-996.62M | $-996.21M | $-995.81M | $-996.10M | $-995.55M | $- | $- | $- | $- | $- | $-1 |
| Total Non-Current Liabilities | $- | $1.10B | $972.34M | $897.18M | $51.42M | $26.47M | $25.89M | $896.35M | $698.15M | $697.94M | $697.73M | $697.52M | $697.32M | $697.11M | $995.01M | $994.45M | $993.91M | $997.08M | $996.74M | $1000.00M |
| Other Liabilities | $1.14B | $- | $133.88M | $208.95M | $1.05B | $1.08B | $1.08B | $208.69M | $301.14M | $300.80M | $300.94M | $300.58M | $301.09M | $300.60M | $- | $- | $- | $- | $- | $- |
| Total Liabilities | $1.14B | $1.14B | $1.14B | $1.14B | $1.16B | $1.13B | $1.13B | $1.13B | $1.02B | $1.03B | $1.02B | $1.02B | $1.03B | $1.02B | $1.02B | $1.02B | $1.02B | $1.03B | $1.02B | $1.03B |
| Preferred Stock | $- | $- | $0 | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $1 | $- | $- | $- | $- | $- | $0 |
| Common Stock | $369.51K | $366.06K | $362.54K | $358.37K | $354.38K | $348.66K | $343.47K | $339.64K | $308.03K | $303.74K | $300.95K | $297.06K | $293.20K | $289.48K | $287.49K | $285.61K | $283.65K | $281.79K | $279.79K | $277.94K |
| Retained Earnings | $844.83M | $341.52M | $223.41M | $685.49M | $610.00M | $1.02B | $857.39M | $986.73M | $615.24M | $594.29M | $1.15B | $963.18M | $699.04M | $-132.72M | $934.29M | $883.71M | $734.15M | $676.93M | $509.77M | $762.76M |
| Accumulated Other Comprehensive Income Loss | $- | $-0 | $-0 | $- | $-0 | $- | $- | $-0 | $0 | $1.17B | $1.17B | $- | $0 | $0 | $-0 | $-0 | $- | $789.30M | $-0 | $-0 |
| Other Total Stockholders Equity | $2.46B | $2.49B | $2.46B | $2.50B | $2.46B | $2.44B | $2.39B | $2.33B | $2.05B | $2.04B | $2.01B | $2.00B | $1.96B | $2.75B | $2.92B | $2.96B | $1.15B | $1.95B | $1.93B | $1.94B |
| Total Stockholders Equity | $3.30B | $2.83B | $2.68B | $3.18B | $3.07B | $3.46B | $3.24B | $3.31B | $2.66B | $2.64B | $3.16B | $2.96B | $2.66B | $2.61B | $2.87B | $2.83B | $2.66B | $2.63B | $2.44B | $2.70B |
| Total Equity | $3.30B | $2.83B | $2.68B | $3.18B | $3.07B | $3.46B | $3.24B | $3.31B | $2.66B | $2.64B | $3.16B | $2.96B | $2.66B | $2.61B | $2.87B | $2.83B | $2.66B | $2.63B | $2.44B | $2.70B |
| Total Liabilities and Stockholders Equity | $4.44B | $3.97B | $3.82B | $4.33B | $4.22B | $4.60B | $4.38B | $4.44B | $3.68B | $3.67B | $4.18B | $3.98B | $3.68B | $3.63B | $3.89B | $3.86B | $3.69B | $3.66B | $3.46B | $3.72B |
| Minority Interest | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities and Total Equity | $4.44B | $3.97B | $3.82B | $4.33B | $4.22B | $4.60B | $4.38B | $4.44B | $3.68B | $3.67B | $4.18B | $3.98B | $3.68B | $3.63B | $3.89B | $3.86B | $3.69B | $3.66B | $3.46B | $3.72B |
| Total Investments | $4.38B | $3.17B | $3.76B | $4.24B | $4.14B | $4.45B | $4.32B | $4.34B | $3.60B | $3.60B | $4.14B | $3.94B | $3.65B | $3.58B | $3.49B | $3.40B | $3.30B | $3.02B | $2.80B | $3.12B |
| Total Debt | $- | $1.10B | $972.34M | $897.18M | $896.98M | $896.77M | $896.56M | $896.35M | $698.15M | $697.94M | $697.73M | $697.52M | $697.32M | $697.11M | $995.01M | $994.45M | $993.91M | $997.08M | $996.74M | $1.00B |
| Net Debt | $-23.57M | $1.06B | $927.72M | $823.08M | $830.36M | $766.99M | $858.55M | $806.17M | $632.99M | $640.70M | $667.81M | $673.69M | $680.37M | $663.14M | $959.66M | $956.72M | $966.77M | $958.71M | $955.64M | $951.84M |
Annual Cash Flow
| Breakdown | October 31, 2024 | October 31, 2023 | October 31, 2022 | October 31, 2021 | October 31, 2020 |
|---|---|---|---|---|---|
| Net Income | $843.07M | $-185.92M | $-21.81M | $521.29M | $-338.01M |
| Depreciation and Amortization | $- | $621.71K | $- | $- | $- |
| Deferred Income Tax | $- | $- | $- | $- | $- |
| Stock Based Compensation | $- | $- | $- | $- | $- |
| Change in Working Capital | $1.43M | $-811.34K | $840.06K | $2.45M | $-171.73K |
| Accounts Receivables | $1.28M | $-1.53M | $-915.74K | $2.50M | $874.79K |
| Inventory | $- | $- | $- | $- | $- |
| Accounts Payables | $- | $- | $- | $- | $- |
| Other Working Capital | $151.69K | $722.47K | $1.76M | $-54.75K | $-1.05M |
| Other Non Cash Items | $-639.05M | $360.26M | $203.19M | $-370.97M | $532.48M |
| Net Cash Provided by Operating Activities | $205.45M | $174.15M | $182.22M | $152.77M | $194.29M |
| Investments in Property Plant and Equipment | $- | $- | $- | $- | $- |
| Acquisitions Net | $- | $- | $- | $- | $- |
| Purchases of Investments | $- | $-293.55M | $-443.67M | $-506.46M | $-324.35M |
| Sales Maturities of Investments | $- | $358.81M | $524.28M | $554.27M | $384.96M |
| Other Investing Activities | $- | $- | $1 | $- | $- |
| Net Cash Used for Investing Activities | $- | $- | $80.60M | $47.81M | $60.61M |
| Debt Repayment | $- | $75.00M | $- | $93.00M | $-189.01M |
| Common Stock Issued | $58.89M | $83.16M | $118.19M | $75.77M | $77.90M |
| Common Stock Repurchased | $- | $-75.00M | $- | $- | $-60.49K |
| Dividends Paid | $-285.30M | $-279.27M | $-271.74M | $-255.34M | $-236.90M |
| Other Financing Activities | $-92.49K | $-75.00M | $-81.87K | $-110.56M | $266.86M |
| Net Cash Used Provided by Financing Activities | $-226.50M | $-196.14M | $-153.63M | $-179.91M | $-159.06M |
| Effect of Forex Changes on Cash | $- | $- | $-80.60M | $-47.81M | $-60.61M |
| Net Change in Cash | $-21.05M | $-21.99M | $28.60M | $-27.14M | $35.23M |
| Cash at End of Period | $23.57M | $44.62M | $66.61M | $38.02M | $65.16M |
| Cash at Beginning of Period | $44.62M | $66.61M | $38.02M | $65.16M | $29.92M |
| Operating Cash Flow | $205.45M | $174.15M | $182.22M | $152.77M | $194.29M |
| Capital Expenditure | $- | $4 | $- | $- | $- |
| Free Cash Flow | $205.45M | $174.15M | $182.22M | $152.77M | $194.29M |
Cash Flow Charts
| Breakdown | October 31, 2024 | April 30, 2024 | October 31, 2023 | April 30, 2023 | October 31, 2022 | April 30, 2022 | October 31, 2021 | April 30, 2021 | October 31, 2020 | April 30, 2020 | October 31, 2019 | April 30, 2019 | October 31, 2018 | April 30, 2018 | October 31, 2017 | April 30, 2017 | October 31, 2016 | April 30, 2016 | October 31, 2015 | April 30, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $582.78M | $260.29M | $-400.35M | $214.44M | $-321.22M | $299.41M | $25.32M | $495.97M | $100.01M | $-438.02M | $266.86M | $379.30M | $116.46M | $-163.63M | $128.45M | $260.63M | $131.32M | $276.74M | $-168.48M | $-30.36M |
| Depreciation and Amortization | $173.90K | $172.00K | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Deferred Income Tax | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Stock Based Compensation | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Change in Working Capital | $2.28M | $-1.70M | $-71.44K | $-739.90K | $1.45M | $-614.93K | $613.66K | $1.84M | $-228.15K | $228.15K | $1.68M | $277.94K | $250.45K | $-902.40K | $898.94K | $-226.03K | $4.22M | $-513.41K | $-835.68K | $1.30M |
| Accounts Receivables | $1.82M | $-543.45K | $-167.33K | $-1.36M | $-183.53K | $-732.21K | $600.88K | $1.90M | $-188.88K | $1.25M | $1.58M | $-633.04K | $211.19K | $-618.95K | $591.32K | $-68.50K | $1.39M | $-429.24K | $-818.45K | $1.45M |
| Inventory | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Accounts Payables | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Working Capital | $459.31K | $-1.16M | $95.89K | $615.16K | $1.64M | $117.28K | $12.79K | $-67.54K | $-11.06K | $-1.02M | $107.79K | $910.99K | $39.26K | $-283.45K | $307.62K | $-157.53K | $2.84M | $-84.17K | $-17.23K | $-146.91K |
| Other Non Cash Items | $-487.04M | $-151.51M | $469.80M | $-108.92M | $436.05M | $-312.54M | $25.96M | $-447.25M | $-50.92M | $483.44M | $-191.94M | $-298.80M | $-59.03M | $255.45M | $-40.09M | $-158.20M | $-51.53M | $-187.49M | $253.15M | $131.32M |
| Net Cash Provided by Operating Activities | $98.19M | $107.26M | $69.37M | $104.78M | $116.10M | $-14.47M | $52.49M | $52.47M | $48.86M | $46.90M | $76.60M | $80.78M | $57.68M | $90.92M | $89.26M | $102.20M | $84.02M | $88.73M | $83.84M | $102.26M |
| Investments in Property Plant and Equipment | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Acquisitions Net | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Purchases of Investments | $- | $-475.02M | $- | $- | $-245.37M | $-198.30M | $-221.20M | $-285.26M | $-99.47M | $-224.88M | $-452.12M | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Sales Maturities of Investments | $- | $564.43M | $- | $- | $141.24M | $383.04M | $211.27M | $343.00M | $114.61M | $270.35M | $550.88M | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Investing Activities | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Net Cash Used for Investing Activities | $- | $89.41M | $- | $- | $-104.13M | $184.74M | $-9.93M | $57.74M | $15.14M | $45.48M | $98.76M | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Debt Repayment | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $-848.98K | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Common Stock Issued | $- | $59.23M | $- | $- | $61.85M | $56.26M | $38.18M | $24.52M | $13.95M | $33.88M | $4.09M | $83.70M | $77.40M | $40.29M | $- | $38.66M | $- | $- | $- | $- |
| Common Stock Repurchased | $- | $- | $- | $- | $- | $- | $- | $- | $-30.01M | $33.90M | $- | $- | $- | $- | $40.17M | $- | $629.80M | $36.00M | $35.60M | $35.20M |
| Dividends Paid | $-143.34M | $-141.96M | $-140.58M | $-138.69M | $-136.98M | $-134.76M | $-132.91M | $-122.43M | $-119.03M | $-117.88M | $-116.43M | $-114.91M | $-113.40M | $-112.44M | $-111.70M | $-110.94M | $-220.39M | $-109.45M | $-217.37M | $-107.99M |
| Other Financing Activities | $29.19M | $-29.61M | $41.73M | $41.39M | $61.85M | $56.26M | $38.18M | $37.25M | $81.49M | $75.88M | $192.30M | $-192.30M | $-38.70M | $-20.14M | $20.05M | $-19.33M | $125.14M | $17.99M | $126.48M | $17.63M |
| Net Cash Used Provided by Financing Activities | $-114.15M | $-112.35M | $-98.85M | $-97.29M | $-75.13M | $-78.50M | $-94.73M | $-85.18M | $-75.07M | $-83.99M | $-70.51M | $-73.89M | $-74.70M | $-92.29M | $-91.64M | $-91.61M | $-95.25M | $-91.46M | $-90.89M | $-90.36M |
| Effect of Forex Changes on Cash | $- | $- | $- | $- | $1 | $-1 | $- | $- | $- | $- | $-98.76M | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Net Change in Cash | $-39.54M | $- | $-29.48M | $7.49M | $-63.17M | $91.76M | $-52.16M | $25.02M | $7.92M | $27.31M | $12.97M | $6.88M | $-17.02M | $-1.38M | $-2.39M | $10.60M | $-11.30M | $-2.70M | $-7.10M | $11.90M |
| Cash at End of Period | $- | $39.54M | $-29.48M | $7.49M | $66.61M | $129.78M | $38.02M | $90.18M | $65.16M | $57.24M | $29.92M | $23.83M | $16.95M | $33.97M | $35.31M | $37.70M | $27.10M | $38.40M | $41.10M | $48.20M |
| Cash at Beginning of Period | $39.54M | $- | $- | $- | $129.78M | $38.02M | $90.18M | $65.16M | $57.24M | $29.92M | $16.95M | $16.95M | $33.97M | $35.35M | $37.70M | $27.10M | $38.40M | $41.10M | $48.20M | $36.30M |
| Operating Cash Flow | $98.19M | $107.26M | $69.37M | $104.78M | $116.10M | $-14.47M | $52.49M | $52.47M | $48.86M | $46.90M | $76.60M | $80.78M | $57.68M | $90.92M | $89.26M | $102.20M | $84.02M | $88.73M | $83.84M | $102.26M |
| Capital Expenditure | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Free Cash Flow | $98.19M | $107.26M | $69.37M | $104.78M | $116.10M | $-14.47M | $52.49M | $52.47M | $48.86M | $46.90M | $76.60M | $80.78M | $57.68M | $90.92M | $89.26M | $102.20M | $84.02M | $88.73M | $83.84M | $102.26M |
DNP Select Income Fund Dividends
Explore DNP Select Income Fund's dividend history, including dividend yield, payout ratio, and historical payments.
Dividend Yield
8.09%
Dividend Payout Ratio
33.84%
Dividend Paid & Capex Coverage Ratio
0.72x
DNP Select Income Fund Dividend History
| Dividend | Adjusted Dividend | Date | Record Date | Payment Date | Declaration Date |
|---|---|---|---|---|---|
| $0.065 | $0.065 | June 30, 2025 | June 30, 2025 | July 10, 2025 | |
| $0.065 | $0.065 | May 30, 2025 | May 30, 2025 | June 10, 2025 | March 17, 2025 |
| $0.065 | $0.065 | April 30, 2025 | April 30, 2025 | May 12, 2025 | March 17, 2025 |
| $0.065 | $0.065 | March 31, 2025 | March 31, 2025 | April 10, 2025 | December 16, 2024 |
| $0.065 | $0.065 | February 28, 2025 | February 28, 2025 | March 10, 2025 | December 16, 2024 |
| $0.065 | $0.065 | January 31, 2025 | January 31, 2025 | February 10, 2025 | December 16, 2024 |
| $0.065 | $0.065 | December 31, 2024 | December 31, 2024 | January 10, 2025 | September 19, 2024 |
| $0.065 | $0.065 | November 29, 2024 | November 29, 2024 | December 10, 2024 | September 19, 2024 |
| $0.065 | $0.065 | October 31, 2024 | October 31, 2024 | November 12, 2024 | September 19, 2024 |
| $0.065 | $0.065 | September 30, 2024 | September 30, 2024 | October 10, 2024 | June 17, 2024 |
| $0.065 | $0.065 | August 30, 2024 | August 30, 2024 | September 10, 2024 | June 17, 2024 |
| $0.065 | $0.065 | July 31, 2024 | July 31, 2024 | August 12, 2024 | June 17, 2024 |
| $0.065 | $0.065 | June 28, 2024 | June 28, 2024 | July 10, 2024 | March 15, 2024 |
| $0.065 | $0.065 | May 31, 2024 | May 31, 2024 | June 10, 2024 | March 15, 2024 |
| $0.065 | $0.065 | April 29, 2024 | April 30, 2024 | May 10, 2024 | March 15, 2024 |
| $0.065 | $0.065 | March 27, 2024 | March 28, 2024 | April 10, 2024 | December 14, 2023 |
| $0.065 | $0.065 | February 28, 2024 | February 29, 2024 | March 11, 2024 | December 14, 2023 |
| $0.065 | $0.065 | January 30, 2024 | January 31, 2024 | February 12, 2024 | December 14, 2023 |
| $0.065 | $0.065 | December 28, 2023 | December 29, 2023 | January 10, 2024 | September 21, 2023 |
| $0.065 | $0.065 | November 29, 2023 | November 30, 2023 | December 11, 2023 | September 21, 2023 |
DNP Select Income Fund News
Read the latest news about DNP Select Income Fund, including recent articles, headlines, and updates.
DNP: 8% Yield On Utilities, Up Nearly 8% Year-To-Date, Historic Low Premium
DNP Select Income Fund is up year-to-date, outperforming the S&P 500, and offers an 8% yield with a focus on utilities. DNP's valuation is attractive, trading at a 2.27% premium to NAV, lower than its historical premiums, making it a buy. Risks include credit, interest rate and leverage risks, but the fund's well-covered yield and potential interest rate cuts offer upside.
DNP Select Income Fund Inc. Discloses Sources of Distribution – Section 19(a) Notice
CHICAGO--(BUSINESS WIRE)--The Board of Directors of DNP Select Income Fund Inc. (NYSE: DNP), a closed-end fund advised by Duff & Phelps Investment Management Co. (the “Adviser”), previously announced the following monthly distribution on December 12, 2024: Per Share Amount Ex-Date Record Date Payable Date $0.065 March 31, 2025 March 31, 2025 April 10, 2025 The Fund adopted a managed distribution plan (the “Plan”) in 2007. Under the Plan, the Fund will distribute all available investment inc.
DNP Select Income Fund Inc. Announces Dividends
CHICAGO--(BUSINESS WIRE)--The Board of Directors of DNP Select Income Fund Inc. (NYSE: DNP), a closed-end fund advised by Duff & Phelps Investment Management Co. (the “Adviser”), authorized the payment of dividends on its common stock as follows: Per Share Amount Ex-Date Record Date Payable Date $0.065 April 30, 2025 April 30, 2025 May 12, 2025 $0.065 May 30, 2025 May 30, 2025 June 10, 2025 $0.065 June 30, 2025 June 30, 2025 July 10, 2025 The Fund adopted a Managed Distribution Plan (the “P.
Forget Growth: 5 Big Safe Yields Worth Considering
The stock market has been ugly (particularly growth stocks), and it could get much worse. Thankfully, however, there is another way. Income investing focuses on big, steady dividend and interest payments, thereby allowing investors to worry far less about price volatility (as long as those big income payments keep coming in). This report shares 5 big safe yield strategies (including a variety of top income ideas), and then concludes with an important takeaway about succeeding in this market.
DNP Select Income Fund Inc. Section 19(a) Notice
CHICAGO--(BUSINESS WIRE)--Notification of Sources of Distribution Distribution Period February 2025 Distribution Amount Per Share of Common Stock $0.065 The following table sets forth the estimated amounts of the current distribution, payable March 10, 2025 to shareholders of record February 28, 2025, together with the cumulative distributions paid this fiscal year-to-date (YTD) from the following sources. The fiscal year is November 1, 2024 to October 31, 2025. All amounts are expressed per s.
DNP: Recovering From Rate Pressures As Premium Shifts To A Historically Narrow Level
DNP Select Income Fund is a closed-end fund with infrastructure exposure, primarily utility exposure, being its largest sleeve. The fund's premium to NAV has come down to a relatively narrow level compared to its historical level, even as the fund saw some significant recovery over the last year. One of the more notable aspects of DNP is the regular monthly distribution has remained consistent for nearly 3 decades now.
Rose's Income Garden Portfolio Revealed: Yield 6.2%/Defensive Sector Winners
The "RIG" portfolio aims for 50% income from defensive sectors and includes 83 stocks across 11+ sectors, focusing on investment-grade stocks. Defensive sectors include consumer staples, healthcare, utilities, and communication/telecom, with top-yield stocks like British American Tobacco and Pfizer. Groups 2 and 3 include defensive financials, bonds, ETFs, and preferred shares, contributing to stable income and meeting the 50% income goal.
5 Best CEFs This Month For 9% Yield (December 2024)
For income investors, closed-end funds remain an attractive investment class that covers various asset classes and promises high distributions and reasonable total returns. Closed-end funds, or CEFs, are generally characterized by higher volatility and deeper drawdowns than the broader market. For these reasons, they are not suited for everyone. In this monthly series, we highlight five CEFs with solid track records that pay high distributions and offer "excess" discounts. We try to separate the wheat from the chaff using our filtering process to select just five CEFs every month from around 500 closed-end funds.
DNP Select Income Fund Announces Dividends and Sources of Distribution
CHICAGO--(BUSINESS WIRE)--The Board of Directors of DNP Select Income Fund Inc. (NYSE: DNP), a closed-end fund advised by Duff & Phelps Investment Management Co., today authorized the payment of dividends on its common stock as follows: Cents Per Share Ex-Dividend Date Record Date Payable Date 6.5 January 31, 2025 January 31, 2025 February 10, 2025 6.5 February 28, 2025 February 28, 2025 March 10, 2025 6.5 March 31, 2025 March 31, 2025 April 10, 2025 The Fund adopted a Managed Distribution.
DNP: Big Income, Market Crash Hedge
The DNP Select Income Fund is a big-yield (8.3% paid monthly) closed-end fund that also offers an outstanding hedge against a stock market crash. We review the fund's details (strategy, holdings, leverage, distribution history, expenses) and three specific reasons why it is a compelling hedge against a stock market crash. We conclude with our strong opinion on who might want to consider investing.
DNP: Improving Finances And Inflation Protection
The DNP Select Income Fund offers an 8.42% yield and invests in dividend-growing common equities, providing inflation protection and stable income for investors. Despite underperforming the S&P 500 Index, the fund's total return, including distributions, was 11.97% YoY, aligning with historical S&P 500 average returns. The fund's portfolio is heavily focused on utilities, ensuring stable cash flows and recession-resistant performance, making it a reliable income source.
DNP: Long-Term Capital Preservation Combined With Consistent Income
DNP Select Income Fund offers consistent income with an 8.2% dividend yield, maintaining stable prices since 1987, making it ideal for income-focused investors. The fund's balanced portfolio includes 77% common stocks, 17% bonds and cash, and 6% MLPs, ensuring diversified exposure within the utilities sector. Despite trading at an 8.33% premium to NAV, the potential benefits from future interest rate cuts make it an attractive long-term buy.
Closed-End Funds: 2024 Revisit Of Funds That Never Cut Distributions With Inception Pre-2008
Closed-end funds tend to cut their payouts over time due to negative consequences of leverage during market crashes, leading to potential permanent capital destruction. Today, we are looking to revisit the six funds that have inceptions prior to the 2008/09 Global Financial Crisis that have still never cut their regular distributions. A long history of no-cuts can be important for income-focused investors, but we also examine coverage and valuations to determine whether they are worth exploring further.
DNP: It Is Finally Time For This Beaten-Down CEF, 8.8% Yield
DNP Select Income Fund is a closed-end fund focused on utilities. The fund is composed mostly of utility equities, with a smaller allocation to MLPs, bonds, and cash. DNP's premium to NAV (Net Asset Value) is currently low compared to its historical average, presenting a potential buying opportunity.
Fast Pace Health Recognizes Mental Health Awareness Month and Expands Access to Care
FRANKLIN, TN / ACCESSWIRE / May 20, 2024 / At the core of Fast Pace Health's mission lies a profound commitment to the mental well-being of the communities we serve. This dedication is particularly notable during May's Mental Health Awareness Month, a vital opportunity to raise awareness about the urgent need for compassionate and comprehensive mental health care. Fast Pace Health is increasing access to care by adding Ashley Graves, Psychiatric-Mental Health Nurse Practitioner (PMHNP-BC), Mary Cada, PMHNP-BC, and Brandi Batten, Licensed Professional Counselor (LPC) to its team. Fast Pace Health Fast Pace Health - a leader in on-demand healthcareRecognizing Mental Health Awareness MonthAs we celebrate Mental Health Awareness Month in May, Fast Pace Health acknowledges its team of over 40 dedicated professionals, including Psychiatric-Mental Health Nurse Practitioners and Therapists. This group of exceptional individuals represents the backbone of our Behavioral Health Team and embodies our commitment to providing personalized and accessible care. Nikita Duke, DNP, PMHNP-BC, Vice President of Operations - Behavioral Health, highlights the importance of the team's work. "Our team works every day to break down barriers to care, especially decreasing the stigma associated with mental health care - our telepsych first service offers people the opportunity to access care with enhanced confidentiality, from the privacy and comfort of their own homes," says Duke.Increasing Access to CareWe are excited to announce the addition of three new providers - Ashley Graves, PMHNP-BC, Mary Cada, PMHNP-BC, and Brandi Batten, LPC. Ms. Graves, Ms. Cada and Ms. Batten join Fast Pace Health with a wealth of experience and will provide virtual care for patients dealing with depression, anxiety, ADHD, PTSD, and other mental health issues. Their roles are pivotal to expanding and increasing access to care in the communities Fast Pace Health serves, especially in rural America. These roles bring Fast Pace Health's behavioral health team to over 28 providers.Robert "Bob" McKenzie, Executive Sponsor of Behavioral Health, emphasizes the organization's commitment to raise awareness about mental health and increase access to care. "At Fast Pace Health, we believe that everyone should have access to mental health care in a non-judgmental, easily accessible, environment. Adding providers, like Ashley, Mary and Brandi, to our team allows us to improve access to care where and when it's most needed," says McKenzie.Mental Health Awareness Month serves as a beacon, guiding us to reflect on and appreciate the role of mental health care professionals and the importance of mental wellness. As Fast Pace Health moves forward, we remain dedicated to providing support and hope for all individuals on their journey toward mental wellness.About Fast Pace HealthA leading provider in on-demand healthcare, Fast Pace Health is dedicated to offering accessible, high-quality medical, and behavioral health services through its network of 270+ locations covering six states. For more information about Fast Pace Health and its services, visit Fast Pace Health's official website at www.fastpacehealth.com.Contact InformationJustin Olson Chief Marketing Officer, Fast Pace Health justin.olson@fastpacehealth.com 931-253-1110 SOURCE: Fast Pace HealthView the original press release on newswire.com.
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