CEF Advisors

7204 Glen Forest Drive, Suite #105 Richmond, Virginia 23226 USA   ♦   Toll-Free: (800) 356-3508 / Local: (804) 288-2482    ♦   www.CEFadvisors.com   ♦   Contact@CEFadvisors.com

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DNP Select Income Fund (DNP)

Specialty Equity Funds - Utilities Funds

Data as of Oct. 21, 2021
Market Price $10.85 ( $0.00)
NAV (Oct. 21, 2021) $9.57 (- $0.04)
Premium / Discount 13.38% (+0.47%)
Fund Info
Inception Jan. 21, 1987
Sponsor Virtus Investment Advisers
Website www.dnpselectincome.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 339,640,637
Total Assets (Reported: April 30, 2021) $4,443M
Estimated Total Assets $4,341M
Net Assets $3,250M
Market Cap $3,685M
Portfolio Turnover 7.00%
Total Leverage 25.13%
Structural Leverage (out of total) 100.00%
Portfolio Leverage (out of total) 0.00%
Expense Ratio 1.84%
Non Lev Exp Ratio 1.01%
Rel Lev Cost 2.46%
Discount Data
Average Discount (3 Yr) 16.64%
Discount Low(3 Yr) 3.87%
Discount High(3 Yr) 32.71%
Discount Rel Range 32.96%
Comp Discount 6.21
Discount St Dev (1Yr) 4.04
Z-Stat (6mo) 1.17
Z-Stat (1Yr) 0.60
Z-Stat (3Yr) -0.59
Comp Z-Stat (6mo) 1.74
Comp Z-Stat (3Yr) -0.90
Distribution Data
Market Yield 7.19%
Income Yield 7.19%
Lev Adj NAV Yield 6.51%
Distribution Frequency M
Current Distribution $0.065
Current Income $0.065
Ex-Date 10/28/21
Payable Date 11/10/21
Div Growth (3yr) 0.00%
Dividend Change -7.1% on 12/12/05
Expected Div 12/16/21
RoC (1yr) 23.33%
RoC (3yr) 18.40%
Tax Dividend Data 2020 2018 - 2020
Income 31.9% 32.7%
ST Gains 0% 0%
QDI 24.5% 25.2%
LT Gains 51.7% 51.1%
RoC 16.5% 16.2%
Volume & Liquidity
Average Daily $ (M) $5,177
Avg Volume 30 day 455,856
Avg Volume 90 day 477,170
Volume Trend -4.47%
Comp Volume Trend -4.75%
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): MGU 26.0%
NAV - Price Correlation (30 d) 52.7%
NAV - Price Correlation (90 d) 26.2%
NAV - Price Correlation (1 Yr) 45.0%
Price St Dev (1Yr) 9.6%
NAV St Dev (1Yr) 15.6%
Earnings / Share (4/30/21) $0.018
Earn Coverage 28.31%
Earnings Trend Up
UNII / Share (4/30/21) $-0.318
Rel UNII -40.71
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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