DNP Select Income Fund Inc.
September 05 2007 - 4:44PM
PR Newswire (US)
Section 19(a) Notice CHICAGO, Sept. 5 /PRNewswire-FirstCall/ --
Notification of Sources of Distribution Distribution Period: August
2007 Distribution Amount Per Share of Common Stock: $0.065 The
following table sets forth the estimated amounts of the current
distribution, payable September 10, 2007, and the cumulative
distributions paid this fiscal year to date from the following
sources: net investment income; net realized short term capital
gains; net realized long term capital gains; and return of capital.
All amounts are expressed per share of common stock based on U.S.
generally accepted accounting principles, which may differ from
federal income tax regulations. % Breakdown of the Total Total
Cumulative % Breakdown Cumulative Distributions Current of the
Distributions for the Distribution Current for the Fiscal Year ($)
Distribution Fiscal Year to Date to Date ($) Net Investment Income
0.043 66% 0.291 56% Net Realized Short Term Capital Gains 0.000 0%
0.000 0% Net Realized Long Term Capital Gains 0.000 0% 0.000 0%
Return of Capital 0.022 34% 0.229 44% Total (per common share)
0.065 100% 0.520 100% Average annual total return (in relation to
NAV) for the 5 years ended August 31, 2007:* 14.6% Annualized
current distribution rate expressed as a percentage of NAV as of
August 31, 2007: 8.1% Cumulative total return (in relation to NAV)
for the fiscal year through August 31, 2007: 1.9% Cumulative fiscal
year distributions as a percentage of NAV as of August 31, 2007:
5.4% You should not necessarily draw any conclusions about the
Fund's investment performance from the amount of this distribution.
The Fund estimates that it has distributed more than its income and
capital gains; therefore, a portion of your distribution may be a
return of capital. A return of capital may occur, for example, when
some or all of the money that you invested in the Fund is paid back
to you. A return of capital distribution does not necessarily
reflect the Fund's investment performance and should not be
confused with "yield" or "income." The amounts and sources of
distributions reported in this Notice are only estimates and are
not being provided for tax reporting purposes. The actual amounts
and sources of the amounts for tax reporting purposes will depend
upon the Fund's investment experience during the remainder of the
fiscal year and may be subject to changes based on tax regulations.
The Fund will send you a Form 1099-DIV for the calendar year that
will tell you how to report those distributions for federal income
tax purposes. DNP Select Income Fund Inc. is a closed-end
diversified investment management company. The Fund's primary
investment objectives are current income and long-term growth of
income. The Fund seeks to achieve these objectives by investing
primarily in a diversified portfolio of equity and fixed income
securities of companies in the public utilities industry. For more
information, visit the Fund's website at
http://www.dnpselectincome.com/ or call the Fund at (800) 864-0629.
The Fund's shares are listed on the New York Stock Exchange under
the ticker symbol "DNP". * Simple arithmetic average of each of the
past five annual returns. DATASOURCE: DNP Select Income Fund Inc.
CONTACT: Media-Investor Relations, Joseph C. Curry, Jr.,
+1-502-588-8602, or Dianna P. Wengler, +1-502-588-8603, or Timothy
P. Riordan, +1-502-588-1786, all of DNP Select Income Fund Inc. Web
site: http://www.dnpselectincome.com/
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