Form NPORT-P - Monthly Portfolio Investments Report on Form N-PORT (Public)
September 25 2024 - 1:34PM
Edgar (US Regulatory)
DUFF & PHELPS UTILITY AND
INFRASTRUCTURE FUND INC.
SCHEDULE OF INVESTMENTS July 31, 2024
(Unaudited)
Shares
|
| Description
|
| Value
|
Common Stocks & MLP Interests—135.6%
|
|
| ■ Airport Services—2.8%
|
34,400
|
| Aena SME S.A. (Spain)(1)
|
| $6,518,868
|
17,000
|
| Flughafen Zurich AG Registered Shares (Switzerland)(1)
|
| 3,939,390
|
34,000
|
| Grupo Aeroportuario del Centro Norte SAB de C.V. ADR (Mexico)
|
| 2,344,300
|
|
|
|
| 12,802,558
|
|
| ■ Electric, Gas and Water—75.7%
|
289,990
|
| Alliant Energy Corp. (1)
|
| 16,140,843
|
125,660
|
| Ameren Corp. (1)
|
| 9,961,068
|
111,800
|
| Atmos Energy Corp. (1)
|
| 14,296,984
|
674,000
|
| CenterPoint Energy, Inc. (1)
|
| 18,703,500
|
208,500
|
| CMS Energy Corp.
|
| 13,510,800
|
179,000
|
| DTE Energy Co. (1)(2)
|
| 21,574,870
|
250,300
|
| Duke Energy Corp. (1)
|
| 27,350,281
|
220,600
|
| Edison International (1)
|
| 17,650,206
|
900,000
|
| Enel SpA (Italy)(1)
|
| 6,422,721
|
110,000
|
| Entergy Corp. (1)
|
| 12,756,700
|
268,000
|
| Evergy, Inc. (1)
|
| 15,544,000
|
197,000
|
| Eversource Energy (1)
|
| 12,787,270
|
633,000
|
| Iberdrola S.A. (Spain)(1)
|
| 8,344,083
|
443,000
|
| NextEra Energy, Inc. (1)(2)
|
| 33,840,770
|
75,000
|
| Orsted AS (Denmark)(1)(3)
|
| 4,463,845
|
430,000
|
| Pennon Group plc (United Kingdom)
|
| 3,427,276
|
530,235
|
| PPL Corp. (1)
|
| 15,758,584
|
118,000
|
| Public Service Enterprise Group, Inc. (1)
|
| 9,412,860
|
230,000
|
| Redeia Corp. S.A. (Spain)(1)
|
| 4,074,780
|
290,000
|
| RWE AG (Germany)(1)
|
| 10,824,773
|
175,000
|
| Severn Trent plc (United Kingdom)
|
| 5,784,011
|
322,000
|
| Southern Co. (The) (1)
|
| 26,893,440
|
170,300
|
| WEC Energy Group, Inc. (1)
|
| 14,656,018
|
290,300
|
| Xcel Energy, Inc. (1)
|
| 16,918,684
|
|
|
|
| 341,098,367
|
|
| ■ Highways & Railtracks—2.0%
|
1,033,000
|
| Transurban Group (Australia)
|
| 8,788,650
|
Shares
|
| Description
|
| Value
|
|
| ■ Integrated Telecommunication Services—2.1%
|
495,000
|
| AT&T, Inc. (1)
|
| $9,528,750
|
|
| ■ Multi-Utilities—10.4%
|
560,000
|
| E.ON SE (Germany)(1)
|
| 7,857,568
|
581,250
|
| National Grid plc (United Kingdom)
|
| 7,367,648
|
576,000
|
| NiSource, Inc. (1)
|
| 18,000,000
|
171,400
|
| Sempra (1)
|
| 13,722,284
|
|
|
|
| 46,947,500
|
|
| ■ Oil & Gas Storage, Transportation and Production—36.0%
|
129,000
|
| Cheniere Energy, Inc. (1)
|
| 23,560,560
|
66,000
|
| DT Midstream, Inc. (1)
|
| 4,973,760
|
1,243,185
|
| Energy Transfer LP (1)
|
| 20,226,620
|
294,000
|
| EnLink Midstream LLC (1)
|
| 4,018,980
|
484,000
|
| Enterprise Products Partners LP
|
| 13,968,240
|
428,575
|
| MPLX LP (1)
|
| 18,351,582
|
225,000
|
| ONEOK, Inc. (1)
|
| 18,749,250
|
302,000
|
| Pembina Pipeline Corp. (Canada)
|
| 11,704,646
|
560,000
|
| Plains All American Pipeline
LP (1)
|
| 10,186,400
|
150,300
|
| Targa Resources Corp.
|
| 20,332,584
|
372,147
|
| Williams Cos., Inc. (The) (1)
|
| 15,979,992
|
|
|
|
| 162,052,614
|
|
| ■ Railroads—5.6%
|
48,700
|
| Canadian Pacific Kansas City Ltd. (Canada)
|
| 4,083,936
|
185,000
|
| CSX Corp. (1)
|
| 6,493,500
|
25,900
|
| Norfolk Southern Corp. (1)
|
| 6,463,604
|
33,600
|
| Union Pacific Corp. (1)
|
| 8,290,128
|
|
|
|
| 25,331,168
|
The accompanying notes are
an integral part of these financial statements.
DUFF & PHELPS UTILITY AND
INFRASTRUCTURE FUND INC.
SCHEDULE OF
INVESTMENTS—(Continued)
July 31, 2024
(Unaudited)
Shares
|
| Description
|
| Value
|
|
| ■ Telecom Tower REITs—1.0%
|
39,000
|
| Crown Castle, Inc. (1)
|
| $4,293,120
|
|
| Total Common Stocks & MLP Interests
(Cost $517,969,435)
|
| 610,842,727
|
TOTAL INVESTMENTS BEFORE WRITTEN OPTIONS—135.6%
(Cost $517,969,435)
|
| 610,842,727
|
|
| ■ Written Options—(0.0)%
|
|
| (see Open Written Option Contracts on the next page)
|
|
| Total Written Options
(Premiums received $339,938)
|
| (254,100)
|
TOTAL INVESTMENTS AFTER WRITTEN OPTIONS—135.6%
(Cost $517,629,497)
|
| 610,588,627
|
|
| Secured borrowings—(27.8)%
|
| (125,000,000)
|
|
| Mandatory Redeemable Preferred Shares at liquidation value—(7.8)%
|
| (35,000,000)
|
|
| Other assets less other liabilities—(0.0)%
|
| (198,979)
|
NET ASSETS APPLICABLE TO COMMON STOCK—100.0%
|
| $450,389,648
|
(1)
| All or a portion of the security is segregated as collateral for borrowings. The value of securities segregated as collateral is $336,601,424.
|
(2)
| All or a portion of the security is segregated as collateral for written options. The value of securities segregated as collateral is $20,014,500.
|
(3)
| Non-income producing.
|
The percentage shown for
each investment category is the total value of that category as a percentage of the net assets applicable to common stock of the Fund.
The accompanying notes
are an integral part of these financial statements.
DUFF & PHELPS UTILITY AND
INFRASTRUCTURE FUND INC.
SCHEDULE OF
INVESTMENTS—(Continued)
July 31, 2024
(Unaudited)
Open Written Option Contracts as of July 31, 2024, were as follows:
|
Description of Option
|
| Number of
Contracts
|
| Contract
Notional
Amount
|
| Strike
Price
|
| Expiration
Date
|
| Value
|
Exchange-Traded Call Options
|
|
|
|
|
|
|
|
|
|
|
DTE Energy Co.
|
| (900)
|
| $(11,250)
|
| $125.00
|
| 10/18/24
|
| $(195,300)
|
NextEra Energy, Inc.
|
| (1,200)
|
| (10,200)
|
| 85.00
|
| 9/20/24
|
| (58,800)
|
|
|
|
|
|
|
|
|
|
| $(254,100)
|
The accompanying
notes are an integral part of these financial statements.
DUFF & PHELPS UTILITY AND
INFRASTRUCTURE FUND INC.
SCHEDULE OF
INVESTMENTS—(Continued)
July 31, 2024
(Unaudited)
Sector Allocation*
|
Electric, Gas and Water
| 56%
|
Oil & Gas Storage, Transportation and Production
| 26
|
Multi-Utilities
| 8
|
Railroads
| 4
|
Airport Services
| 2
|
Integrated Telecommunication Services
| 2
|
Highways & Railtracks
| 1
|
Telecom Tower REITs
| 1
|
Total
| 100%
|
|
Country Weightings*
|
United States
| 83%
|
Germany
| 4
|
Canada
| 3
|
Spain
| 3
|
United Kingdom
| 3
|
Italy
| 1
|
Australia
| 1
|
Denmark
| 1
|
Switzerland
| 1
|
Total
| 100%
|
|
Currency Exposure*
|
United States Dollar
| 83%
|
Euro
| 8
|
Canadian Dollar
| 3
|
United Kingdom Pound Sterling
| 3
|
Australian Dollar
| 1
|
Danish Krone
| 1
|
Swiss Franc
| 1
|
Total
| 100%
|
|
* Percentages are based on total investments before written options rather than net assets applicable to common stock.
The accompanying notes are an integral
part of these financial statements.
DUFF & PHELPS UTILITY AND
INFRASTRUCTURE FUND INC.
SCHEDULE OF
INVESTMENTS—(Continued)
July 31, 2024
(Unaudited)
Note 1. Investment
Valuation
The Fund’s
investments are carried at fair value which is defined as the price that the Fund might reasonably expect to receive upon selling an investment in a timely transaction to an independent buyer in the principal or most
advantageous market for the investment. The three-tier hierarchy of inputs established to classify fair value measurements for disclosure purposes is summarized in the three broad levels listed below:
Level 1—quoted
prices in active markets for identical securities
Level 2—other
significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risks, etc.)
Level 3—significant
unobservable inputs (including the Investment Adviser’s Valuation Committee’s own assumptions in determining fair value of investments)
The inputs or
methodology used for valuing securities are not necessarily an indication of the risk associated with investing in these securities. For more information about the Fund’s policy regarding valuation of
investments and other significant accounting policies, please refer to the Fund’s most recent financial statements contained in its annual report. The following is a summary of the inputs used to value each of
the Fund’s investments at July 31, 2024:
| Level 1
|
Common stocks & MLP interests
| $610,842,727
|
Written options
| (254,100)
|
Total investments
| $610,588,627
|
There were no Level 3
priced securities held and there were no transfers into or out of Level 3.
Other information
regarding the Fund is available on the Fund’s website www.dpimc.com/dpg or the Securities and Exchange Commission’s website at www.sec.gov.
Duff and Phelps Utility ... (NYSE:DPG)
Historical Stock Chart
From Oct 2024 to Nov 2024
Duff and Phelps Utility ... (NYSE:DPG)
Historical Stock Chart
From Nov 2023 to Nov 2024