Bennicas Associates Lowers stake in DNP Select Income Fund (DNP)

DNP Select Income Fund (DNP) : Bennicas Associates reduced its stake in DNP Select Income Fund by 1.83% during the most recent quarter end. The investment management company now holds a total of 90,729 shares of DNP Select Income Fund which is valued at $920,899 after selling 1,687 shares in DNP Select Income Fund , the firm said in a disclosure report filed with the SEC on Oct 17, 2016.DNP Select Income Fund makes up approximately 0.87% of Bennicas Associates’s portfolio.

Other Hedge Funds, Including , Koshinski Asset Management boosted its stake in DNP in the latest quarter, The investment management firm added 850 additional shares and now holds a total of 61,911 shares of DNP Select Income Fund which is valued at $628,397. DNP Select Income Fund makes up approx 0.31% of Koshinski Asset Management’s portfolio.Webster Bank N. A. boosted its stake in DNP in the latest quarter, The investment management firm added 6,730 additional shares and now holds a total of 23,136 shares of DNP Select Income Fund which is valued at $234,830. DNP Select Income Fund makes up approx 0.03% of Webster Bank N. A.’s portfolio.Msi Financial Services Inc boosted its stake in DNP in the latest quarter, The investment management firm added 867 additional shares and now holds a total of 101,044 shares of DNP Select Income Fund which is valued at $1,026,607. DNP Select Income Fund makes up approx 0.04% of Msi Financial Services Inc’s portfolio.Arvest Bank Trust Division boosted its stake in DNP in the latest quarter, The investment management firm added 2,400 additional shares and now holds a total of 21,100 shares of DNP Select Income Fund which is valued at $211,654. DNP Select Income Fund makes up approx 0.02% of Arvest Bank Trust Division’s portfolio.Advisory Services Network boosted its stake in DNP in the latest quarter, The investment management firm added 14,667 additional shares and now holds a total of 25,176 shares of DNP Select Income Fund which is valued at $252,540. DNP Select Income Fund makes up approx 0.05% of Advisory Services Network’s portfolio.

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.

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