DNP Select Income Fund INC: management transactions · United States · SEC (Form 4)

About DNP Select Income Fund INC

DNP Select Income Fund Inc. is a U.S.-listed closed-end investment company traded on the NYSE under the ticker DNP. For international investors, it should be viewed as a listed income vehicle rather than an operating industrial company. The fund is organized in the United States, with its principal office in Chicago, Illinois, and it is registered under the Investment Company Act of 1940. That legal and market structure is central to understanding DNP: it is built to package a diversified portfolio and distribute income to shareholders in a regular, predictable format. The fund was incorporated in Maryland on November 26, 1986 and first offered its common stock to the public on January 21, 1987. Investment activity began in 1987 following the IPO, which gives DNP a long operating history in the U.S. closed-end fund universe. Over time, it has developed a reputation as a yield-oriented product, especially attractive to investors who prioritize recurring cash flow over aggressive capital appreciation. Its long tenure and NYSE listing also support a degree of brand recognition among income-focused investors. In business terms, DNP does not sell products in the usual corporate sense. Its core “product” is investment exposure: a professionally managed, diversified portfolio that aims to generate current income. A defining feature of the fund has been its regular monthly distribution policy, which has historically been one of its key selling points. This makes DNP relevant to investors seeking income solutions in retirement portfolios, asset-allocation sleeves, or broader yield strategies. The fund’s appeal is therefore tied less to earnings growth and more to the durability of its payout profile. From a competitive standpoint, DNP operates in a crowded segment of the U.S. market for closed-end funds focused on income. Its main differentiators are longevity, the consistency of its distribution framework, and its public-market liquidity on the NYSE in the United States. The fund also uses leverage, including secured borrowings, secured notes, and mandatory redeemable preferred shares, which can enhance distributable income but also introduces financing and interest-rate risk. In other words, DNP’s return profile is shaped not only by portfolio performance but also by capital structure dynamics. Recent SEC filings indicate that DNP remained active through fiscal 2025, with substantial assets and financing obligations on its statement of assets and liabilities as of October 31, 2025. That confirms the fund’s ongoing scale and relevance within U.S. listed income products. For French-speaking investors in Europe, the key takeaway is that DNP is a U.S. NYSE-listed income fund with a long history, a monthly distribution tradition, and a return profile driven by portfolio income, leverage, and market conditions.