CHICAGO, Nov. 4, 2010 /PRNewswire/ -- The Board of Directors of DNP Select Income Fund Inc. , DTF Tax-Free Income Inc. (the "Fund"), and Duff & Phelps Utility and Corporate Bond Trust Inc. , the three closed-end funds advised by Duff & Phelps Investment Management Co., today declared dividends on each fund's common stock as follows:
DNP Select Income Fund Inc. Cents Per Share Record Date Payable Date --------------- ----------- ------------ 6.5 December 31, 2010 January 10, 2011 6.5 January 31, 2011 February 10, 2011 6.5 February 28, 2011 March 10, 2011 DTF Tax-Free Income Inc. Cents Per Share Record Date Payable Date --------------- ----------- ------------ 6.5 December 15, 2010 December 31, 2010 6.5 January 14, 2011 January 31, 2011 6.5 February 15, 2011 February 28, 2011 Duff & Phelps Utility and Corporate Bond Trust Inc. Cents Per Share Record Date Payable Date --------------- ----------- ------------ 7.0 December 15, 2010 December 31, 2010 7.0 January 14, 2011 January 31, 2011 7.0 February 15, 2011 February 28, 2011 About the Duff & Phelps Closed-End Funds
DNP Select Income Fund Inc. is a closed-end diversified investment management company whose 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 http://www.dnpselectincome.com/ or call (800) 864-0629.
DTF Tax-Free Income Inc. is a closed-end diversified investment company whose investment objective is current income exempt from regular federal income tax consistent with preservation of capital. The fund seeks to achieve its investment objective by investing in a diversified portfolio of investment-grade tax-exempt obligations. For more information, visit http://www.dtffund.com/ or call (800) 338-8214.
Duff & Phelps Utility and Corporate Bond Trust Inc. is a closed-end diversified investment management company whose primary investment objective is high current income consistent with investing in securities of investment grade quality. The fund seeks to achieve its objectives by investing substantially all of its assets in a diversified portfolio of utility income securities, corporate income securities, mortgage-backed securities and asset-backed securities. For more information, visit http://www.ducfund.com/ or call (800) 338-8214.
About the Investment Adviser
Duff & Phelps Investment Management Co. has more than 30 years of experience managing investment portfolios, including institutional separate accounts and open- and closed-end funds investing in utilities, infrastructure and real estate investment trusts (REITs). For more information, visit http://www.dpimc.com/.
DNP Select Income Fund Inc.
CONTACT: Joseph C. Curry, Jr., Dianna P. Wengler, or Timothy P. Riordan,
1-888-878-7845
Web Site: http://www.dnpselectincome.com/
