Investment Partners Ltd Oh Adv buys $2,390,980 stake in DNP Select Income Fund (DNP)

DNP Select Income Fund (DNP) : Investment Partners Ltd Oh Adv scooped up 216,350 additional shares in DNP Select Income Fund during the most recent quarter end , the firm said in a disclosure report filed with the SEC on May 9, 2016. The investment management firm now holds a total of 232,134 shares of DNP Select Income Fund which is valued at $2,390,980.DNP Select Income Fund makes up approximately 1.52% of Investment Partners Ltd Oh Adv’s portfolio.

Other Hedge Funds, Including , Investors Capital Advisory Services boosted its stake in DNP in the latest quarter, The investment management firm added 124 additional shares and now holds a total of 78,255 shares of DNP Select Income Fund which is valued at $806,027. DNP Select Income Fund makes up approx 0.16% of Investors Capital Advisory Services’s portfolio.Ifc Holdings Incorporatedfl boosted its stake in DNP in the latest quarter, The investment management firm added 2,452 additional shares and now holds a total of 88,449 shares of DNP Select Income Fund which is valued at $908,371. DNP Select Income Fund makes up approx 0.11% of Ifc Holdings Incorporatedfl’s portfolio. Commerce Bank added DNP to its portfolio by purchasing 22,850 company shares during the most recent quarter which is valued at $229,643.

DNP Select Income Fund Inc. is a closed-end diversified management investment company. The Fund’s primary investment objectives are current income and long-term growth of income. Capital appreciation is a secondary objective. The Fund seeks to achieve its investment objectives by investing primarily in a portfolio of equity and fixed income securities of companies in the public utilities industry. Under normal market conditions over 70% of the Fund’s total assets are invested in a portfolio of equity and fixed income securities of public utility companies engaged in the production transmission or distribution of electric energy gas or telephone services. The Fund may invest in the securities of domestic and foreign issuers as well as in securities of companies of various market capitalizations including small and mid-cap common and preferred stocks. Duff & Phelps Investment Management Co. is the Fund’s investment advisor.

Leave a Reply

DNP Select Income Fund - Is it time to Sell?

Top Brokerage Firms are advising their investors on DNP Select Income Fund. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.