CHICAGO, Oct. 7, 2011 /PRNewswire/ --
Notification of Sources of Distribution | ||||||
Distribution Period | September 2011 | |||||
Distribution Amount Per Share of Common Stock | $0.065 | |||||
The following table sets forth the estimated amounts of the current distribution, payable October 11, 2011, and | ||||||
the cumulative distributions paid this fiscal year to date from the following sources: net investment income; net | ||||||
realized short term capital gains; net realized long term capital gains; and return of capital or other capital source. | ||||||
All amounts are expressed per share of common stock based on U.S. generally accepted accounting principles, | ||||||
which may differ from federal income tax regulations. | ||||||
Current Distribution ($) | % Breakdown of the Current Distribution | Total Cumulative Distributions for the Fiscal Year to Date ($) | % Breakdown of the Total Cumulative Distributions for the Fiscal Year to Date | |||
Net Investment Income | 0.044 | 67% | 0.351 | 60% | ||
Net Realized Short Term Capital Gains | 0.000 | 0% | 0.000 | 0% | ||
Net Realized Long Term Capital Gains | 0.021 | 33% | 0.234 | 40% | ||
Total (per common share) | 0.065 | 100% | 0.585 | 100% | ||
Average annual total return* (in relation to NAV) for the 5 years ended on September 30, 2011 | 6.7% | |||||
Annualized current distribution rate expressed as a percentage of NAV as of September 30, 2011 | 10.2% | |||||
Cumulative total return (in relation to NAV) for the fiscal year through September 30, 2011 | 9.9% | |||||
Cumulative fiscal year distributions as a percentage of NAV as of September 30, 2011 | 7.7% | |||||
You should not necessarily draw any conclusions about the Fund's investment performance from the amount of this | ||||||
distribution. | ||||||
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. | ||||||
* Simple arithmetic average of each of the past five annual returns. | ||||||
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 www.dnpselectincome.com or call the Fund at (800) 864-0629.
SOURCE DNP Select Income Fund Inc.
