DNP Select Income Fund Inc. Section 19(a) Notice
October 06 2009 - 6:16PM
PR Newswire (US)
CHICAGO, Oct. 6 /PRNewswire-FirstCall/ -- Notification of Sources
of Distribution Distribution Period: September 2009 Distribution
Amount Per Share of Common Stock: $0.065 The following table sets
forth the estimated amounts of the current distribution, payable
October 13, 2009, and the cumulative distributions paid this fiscal
year to date from the following sources: net investment income; net
realized short term capital gains; net realized long term capital
gains; and return of capital or other capital source. All amounts
are expressed per share of common stock based on U.S. generally
accepted accounting principles, which may differ from federal
income tax regulations. % Breakdown of the Total Total Cumulative
Cumulative % Breakdown Distributions Distributions of the for the
for the Current Current Fiscal Year Fiscal Year Distribution($)
Distribution to Date($) to Date
---------------------------------------------------------- Net
Investment Income 0.041 63% 0.369 63% 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 or Other Capital Source
0.024 37% 0.216 37%
---------------------------------------------------------- Total
(per common share) 0.065 100% 0.585 100% Average annual total
return* (in relation to NAV) for the 5 years ended September 30,
2009: 7.0% Annualized current distribution rate expressed as a
percentage of NAV as of September 30, 2009: 11.4% Cumulative total
return (in relation to NAV) for the fiscal year through September
30, 2009: 13.6% Cumulative fiscal year distributions as a
percentage of NAV as of September 30, 2009: 8.6% 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 these distributions for federal income tax
purposes. DNP Select Income Fund Inc. (NYSE:DNP) 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.
*Simple arithmetic average of each of the past five annual returns.
DATASOURCE: DNP Select Income Fund Inc. CONTACT: Joseph C. Curry,
Jr., or Dianna P. Wengler, or Timothy P. Riordan, +1-888-878-7845
Web Site: http://www.dnpselectincome.com/
Copyright