DNP Fund Profile
- Fund Inception Date: 01/21/1987
- Ticker Symbol: DNP
- CUSIP: 23325P104
- Rank in category (YTD): 71%
- Category: Utilities
- Distribution Rate: 7.72%
- Effective Leverage: 27.18%
- Capital Gains: -
- Base Expense Ratio: 1.10%
- Net Assets: $ 3.64 billion
- Annual Turnover Rate: 42%
The current share price is $10.15. This market price is trading 3.82% premium to its NAV (Net Asset Value). The total expense fee is 1.57% per year.
More: Best Utilities Closed End Funds
DNP Select Income Fund Returns
Morningstar has ranked this sector stock fund with 4 stars and silver rating. In 2014, the year to date return is 14.34%. This closed end fund has returned 14.12% over the past 1 year, 9.13% over the past 3 years, and 11.55% over the past 5 years.- Year 2013: 7.99%
- Year 2012: -6.24%
- Year 2011: 29.66%
- Year 2010: 11.46%
DNP Holdings
This DNP Select Income Fund has 119 holdings in its portfolio. Top 6 stocks in its holdings are Sempra Energy, Nextera Energy, Williams Companies Inc, Northeast Utilities, and Alliant Energy Corporation. Top 3 asset allocations are equity (82%), corporate bond (15%), and preferred (1%). Top country allocation includes global (83%) and USA (16%).Pros:
- This DNP Select Income Fund has a high yield of income for investors.
- This popular closed end fund is ranked high by Morningstar.
- The expense fee is a bit high.
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