EX-99.(C) 4 e61572ex99c.htm COPIES OF THE REGISTRANT'S NOTICES

Exhibit 99(c)


DNP SELECT INCOME FUND INC.
Section 19(a) Notice

Notification of Sources of Distribution

Distribution Period  May 2014 
   
Distribution Amount Per Share of Common Stock  $0.065 

 

The following table sets forth the estimated amounts of the current distribution, payable June 10, 2014, 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 or other capital source. 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.

  Current
Distribution ($)
% Breakdown of the
Current Distribution
Total Cumulative
Distributions for the
Fiscal Year to Date
($)
% Breakdown of
the Total
Cumulative
Distributions for
the Fiscal Year to
Date
Net Investment Income  0.027  42%  0.246  54% 
Net Realized Long Term Capital Gains  0.027  41%  0.168  37% 
Return of Capital or Other Capital Source 0.011  17%  0.041  9% 
Total (per common share)  0.065  100%  0.455  100% 

 

Average annual total return* (in relation to NAV) for the 5 years ended on May 31, 2014  22.2% 
Annualized current distribution rate expressed as a percentage of NAV as of May 31, 2014  7.9% 
Cumulative total return (in relation to NAV) for the fiscal year through May 31, 2014  14.8% 
Cumulative fiscal year distributions as a percentage of NAV as of May 31, 2014  4.6% 

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 these distributions for federal income tax purposes.

* Simple arithmetic average of each of the past five annual returns.

 
 

DNP SELECT INCOME FUND INC.
Section 19(a) Notice

Notification of Sources of Distribution

Distribution Period  June 2014 
   
Distribution Amount Per Share of Common Stock  $0.065 

 

The following table sets forth the estimated amounts of the current distribution, payable July 10, 2014, 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 or other capital source. 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.

  Current
Distribution ($)
% Breakdown of the
Current Distribution
Total Cumulative
Distributions for the
Fiscal Year to Date
($)
% Breakdown of
the Total
Cumulative
Distributions for
the Fiscal Year to
Date
Net Investment Income  0.049  75%  0.296  57% 
Net Realized Long Term Capital Gains  0.004  7%  0.167  32% 
Return of Capital or Other Capital Source  0.012  18%  0.057  11% 
Total (per common share)  0.065  100%  0.520  100% 

 

Average annual total return* (in relation to NAV) for the 5 years ended on June 30, 2014  21.9% 
Annualized current distribution rate expressed as a percentage of NAV as of June 30, 2014  7.6% 
Cumulative total return (in relation to NAV) for the fiscal year through June 30, 2014  21.0% 
Cumulative fiscal year distributions as a percentage of NAV as of June 30, 2014  5.1% 

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 these distributions for federal income tax purposes.

* Simple arithmetic average of each of the past five annual returns.

 
 

DNP SELECT INCOME FUND INC.
Section 19(a) Notice

Notification of Sources of Distribution

Distribution Period  July 2014 
   
Distribution Amount Per Share of Common Stock  $0.065 

 

The following table sets forth the estimated amounts of the current distribution, payable August 11, 2014, 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 or other capital source. 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.

  Current
Distribution ($)
% Breakdown of the
Current Distribution
Total Cumulative
Distributions for the
Fiscal Year to Date
($)
% Breakdown of
the Total
Cumulative
Distributions for
the Fiscal Year to
Date
Net Investment Income  0.020  31%  0.316  54% 
Net Realized Long Term Capital Gains  0.000  0%  0.170  29% 
Return of Capital or Other Capital Source  0.045  69%  0.099  17% 
Total (per common share)  0.065  100%  0.585  100% 

 

Average annual total return* (in relation to NAV) for the 5 years ended on July 31, 2014  19.0% 
Annualized current distribution rate expressed as a percentage of NAV as of July 31, 2014  8.0% 
Cumulative total return (in relation to NAV) for the fiscal year through July 31, 2014  15.4% 
Cumulative fiscal year distributions as a percentage of NAV as of July 31, 2014  6.0% 

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 these distributions for federal income tax purposes.

* Simple arithmetic average of each of the past five annual returns.

 
 

DNP SELECT INCOME FUND INC.
Section 19(a) Notice

Notification of Sources of Distribution

Distribution Period  August 2014 
   
Distribution Amount Per Share of Common Stock  $0.065 

 

The following table sets forth the estimated amounts of the current distribution, payable September 10, 2014, 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 or other capital source. 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.

  Current
Distribution ($)
% Breakdown of the
Current Distribution
Total Cumulative
Distributions for the
Fiscal Year to Date
($)
% Breakdown of
the Total
Cumulative
Distributions for
the Fiscal Year to
Date
Net Investment Income  0.022  34%  0.338  52% 
Net Realized Short Term Capital Gains  0.000  0%  0.007  1% 
Net Realized Long Term Capital Gains  0.040  61%  0.201  31% 
Return of Capital or Other Capital Source  0.003  5%  0.104  16% 
Total (per common share)  0.065  100%  0.650  100% 

 

Average annual total return* (in relation to NAV) for the 5 years ended on August 31, 2014  20.0% 
Annualized current distribution rate expressed as a percentage of NAV as of August 31, 2014  7.6% 
Cumulative total return (in relation to NAV) for the fiscal year through August 31, 2014  22.2% 
Cumulative fiscal year distributions as a percentage of NAV as of August 31, 2014  6.3% 

 

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 these distributions for federal income tax purposes.

* Simple arithmetic average of each of the past five annual returns.

 
 

DNP SELECT INCOME FUND INC.
Section 19(a) Notice

Notification of Sources of Distribution

Distribution Period  September 2014 
   
Distribution Amount Per Share of Common Stock  $0.065 

 

The following table sets forth the estimated amounts of the current distribution, payable October 10, 2014, 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 or other capital source. 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.

  Current
Distribution ($)
% Breakdown of the
Current Distribution
Total Cumulative
Distributions for the
Fiscal Year to Date
($)
% Breakdown of
the Total
Cumulative
Distributions for
the Fiscal Year to
Date
Net Investment Income  0.033  51%  0.372  52% 
Net Realized Short Term Capital Gains  0.000  0%  0.007  1% 
Net Realized Long Term Capital Gains  0.032  49%  0.293  41% 
Return of Capital or Other Capital Source  0.000  0%  0.043  6% 
Total (per common share)  0.065  100%  0.715  100% 

 

Average annual total return* (in relation to NAV) for the 5 years ended on September 30, 2014  18.4% 
Annualized current distribution rate expressed as a percentage of NAV as of September 30, 2014  8.0% 
Cumulative total return (in relation to NAV) for the fiscal year through September 30, 2014  17.7% 
Cumulative fiscal year distributions as a percentage of NAV as of September 30, 2014  7.3% 

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 these distributions for federal income tax purposes.

* Simple arithmetic average of each of the past five annual returns.

 
 

DNP SELECT INCOME FUND INC.
Section 19(a) Notice

Notification of Sources of Distribution

Distribution Period  October 2014 
   
Distribution Amount Per Share of Common Stock  $0.065 

 

The following table sets forth the estimated amounts of the current distribution, payable November 10, 2014, 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 or other capital source. 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.

  Current
Distribution ($)
% Breakdown of the
Current Distribution
Total Cumulative
Distributions for the
Fiscal Year to Date
($)
% Breakdown of
the Total
Cumulative
Distributions for
the Fiscal Year to
Date
Net Investment Income  0.018  27%  0.390  50% 
Net Realized Short Term Capital Gains  0.000  0%  0.008  1% 
Net Realized Long Term Capital Gains  0.000  0%  0.289  37% 
Return of Capital or Other Capital Source  0.047  73%  0.093  12% 
Total (per common share)  0.065  100%  0.780  100% 

 

Average annual total return* (in relation to NAV) for the 5 years ended on October 31, 2014  20.3% 
Annualized current distribution rate expressed as a percentage of NAV as of October 31, 2014  7.6% 
Cumulative total return (in relation to NAV) for the fiscal year through October 31, 2014  23.4% 
Cumulative fiscal year distributions as a percentage of NAV as of October 31, 2014  7.6% 

 

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 these distributions for federal income tax purposes.

* Simple arithmetic average of each of the past five annual returns.