CHICAGO, Dec. 7, 2012 /PRNewswire/ --
Notification of Sources of Distribution | |||||
Distribution Period | November 2012 | ||||
Distribution Amount Per Share of Common Stock | $0.065 | ||||
The following table sets forth the estimated amounts of the current distribution, payable December 10, 2012, and | |||||
the cumulative distributions paid this fiscal year to date from the following sources: net investment income; net | |||||
realized short term capital gains; net realized long term capital gains; and return of capital or other capital source. | |||||
All amounts are expressed per share of common stock based on U.S. generally accepted accounting principles, | |||||
which may differ from federal income tax regulations. | |||||
Current Distribution ($) | % 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 | 0.042 | 64% | 0.415 | 58% | |
Net Realized Long Term Capital Gains | 0.000 | 0% | 0.300 | 42% | |
Return of Capital or Other Capital Source | 0.023 | 36% | 0.000 | 0% | |
Total (per common share) | 0.065 | 100% | 0.715 | 100% | |
Average annual total return* (in relation to NAV) for the 5 years ended on November 30, 2012 | 8.5% | ||||
Annualized current distribution rate expressed as a percentage of NAV as of November 30, 2012 | 9.4% | ||||
Cumulative total return (in relation to NAV) for the fiscal year through November 30, 2012 | 8.5% | ||||
Cumulative fiscal year distributions as a percentage of NAV as of November 30, 2012 | 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. |
* 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.comor call the Fund at (800) 864-0629.
SOURCE DNP Select Income Fund Inc.