DNP Select Income Fund Inc.
July 06 2007 - 3:29PM
PR Newswire (US)
Section 19(a) Notice CHICAGO, July 6 /PRNewswire-FirstCall/ --
Notification of Sources of Distribution Distribution Period: June
2007 Distribution Amount Per Share of Common Stock: $0.065 The
following table sets forth the estimated amounts of the current
distribution, payable July 10, 2007, and the cumulative
distributions paid this fiscal year to date from the following
sources: net investment income; net realized short term capital
gains; net realized long term capital gains; and return of capital.
All amounts are expressed per share of common stock based on U.S.
generally accepted accounting principles, which may differ from
federal income tax regulations. % Breakdown of Total the Total %
Breakdown Cumulative Cumulative Current of the Distributions
Distributions Distribution Current for the Fiscal for the Fiscal
($) Distribution Year to Date ($) Year to Date Net Investment
Income 0.044 68% 0.218 56% 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 0.021 32% 0.172 44% Total (per common
share) 0.065 100% 0.390 100% Average annual total return (in
relation to NAV) for the 5 years ended June 29, 2007:* 13.1%
Annualized current distribution rate expressed as a percentage of
NAV as of June 29, 2007: 7.9% Cumulative total return (in relation
to NAV) for the fiscal year through June 29, 2007: 2.4% Cumulative
fiscal year distributions as a percentage of NAV as of June 29,
2007: 4.0% 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 those distributions
for federal income tax purposes. *Simple arithmetic average of each
of the past five annual returns. DATASOURCE: DNP Select Income Fund
Inc. CONTACT: Joseph C. Curry, Jr., +1-502-588-8602, or Dianna P.
Wengler, +1-502-588-8603, or Timothy P. Riordan, +1-502-588-1786,
all of DNP Select Income Fund Inc. Web site:
http://www.dnpselectincome.com/
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