EX-99.C 4 e5216ex99c.htm REGISTRANTS NOTICES

Exhibit 99(c)

 

 

 

 

 

DNP SELECT INCOME FUND INC.

Section 19(a) Notice

Notification of Sources of Distribution

Distribution Period

 November 2018  
Distribution Amount Per Share of Common Stock $0.065  

 

The following table sets forth the estimated amounts of the current distribution, payable December 10, 2018, together with the cumulative distributions paid this fiscal year-to-date (YTD) from the following sources. The fiscal year is November 1, 2018 to October 31, 2019. 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.

 

Distribution Estimates November 2018 Fiscal YTD
Sources Per Share Amount % of Current Distribution Per Share Amount % of Cumulative Distributions
Net Investment Income $0.022 34%  $0.022 34%
Net Realized Short-Term Capital Gains  -  -  - -
Net Realized Long-Term Capital Gains 0.043 66%   0.043 66% 
Return of Capital (or Other Capital Source)  - -  - -
Total (per common share)  $0.065 100%  $0.065 100%
         
October 31, 2018  
Average annual total return* on NAV for the 5 years     9.48%
Annualized current distribution rate as a percentage of NAV     8.61%
Cumulative total return on NAV for the fiscal YTD     -1.26%
Cumulative fiscal YTD distributions as a percentage of NAV     8.61%

 

The Fund will issue a separate 19(a) notice at the time of each monthly distribution using the most current financial information available. You should not draw any conclusions about the Fund's investment performance from the amount of this distribution or from the terms of the Fund’s managed distribution plan.

 

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

 December 2018  
Distribution Amount Per Share of Common Stock $0.065  

 

The following table sets forth the estimated amounts of the current distribution, payable January 10, 2019, together with the cumulative distributions paid this fiscal year-to-date (YTD) from the following sources. The fiscal year is November 1, 2018 to October 31, 2019. 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.

 

Distribution Estimates December 2018 Fiscal YTD
Sources Per Share Amount % of Current Distribution Per Share Amount % of Cumulative Distributions
Net Investment Income $0.025 38%  $0.048 37%
Net Realized Short-Term Capital Gains  -  -  - -
Net Realized Long-Term Capital Gains  -  -   0.068 52% 
Return of Capital (or Other Capital Source) 0.040 62% 0.014 11%
Total (per common share)  $0.065 100%  $0.130 100%
         
November 30, 2018  
Average annual total return* on NAV for the 5 years     11.35%
Annualized current distribution rate as a percentage of NAV     8.24%
Cumulative total return on NAV for the fiscal YTD     5.22%
Cumulative fiscal YTD distributions as a percentage of NAV     0.69%

 

The Fund will issue a separate 19(a) notice at the time of each monthly distribution using the most current financial information available. You should not draw any conclusions about the Fund's investment performance from the amount of this distribution or from the terms of the Fund’s managed distribution plan.

 

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

 January 2019  
Distribution Amount Per Share of Common Stock $0.065  

 

The following table sets forth the estimated amounts of the current distribution, payable February 11, 2019, together with the cumulative distributions paid this fiscal year-to-date (YTD) from the following sources. The fiscal year is November 1, 2018 to October 31, 2019. 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.

 

Distribution Estimates January 2019 Fiscal YTD
Sources Per Share Amount % of Current Distribution Per Share Amount % of Cumulative Distributions
Net Investment Income $0.013 20%  $0.060 31%
Net Realized Short-Term Capital Gains  -  -  - -
Net Realized Long-Term Capital Gains 0.052  80%   0.131 67% 
Return of Capital (or Other Capital Source) -  - 0.004 2%
Total (per common share)  $0.065 100%  $0.195 100%
         
December 31, 2018  
Average annual total return* on NAV for the 5 years     9.51%
Annualized current distribution rate as a percentage of NAV     8.91%
Cumulative total return on NAV for the fiscal YTD     -2.02%
Cumulative fiscal YTD distributions as a percentage of NAV     1.48%

 

The Fund will issue a separate 19(a) notice at the time of each monthly distribution using the most current financial information available. You should not draw any conclusions about the Fund's investment performance from the amount of this distribution or from the terms of the Fund’s managed distribution plan.

 

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

 February 2019  
Distribution Amount Per Share of Common Stock $0.065  

 

The following table sets forth the estimated amounts of the current distribution, payable March 11, 2019, together with the cumulative distributions paid this fiscal year-to-date (YTD) from the following sources. The fiscal year is November 1, 2018 to October 31, 2019. 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.

 

Distribution Estimates February 2019 Fiscal YTD
Sources Per Share Amount % of Current Distribution Per Share Amount % of Cumulative Distributions
Net Investment Income $0.019 29%  $0.081 31%
Net Realized Short-Term Capital Gains  -  -  - -
Net Realized Long-Term Capital Gains 0.040  61%   0.169 65% 
Return of Capital (or Other Capital Source) 0.006  10%  0.010 4%
Total (per common share)  $0.065 100%  $0.260 100%
         
January 31, 2019  
Average annual total return* on NAV for the 5 years     10.66%
Annualized current distribution rate as a percentage of NAV     8.28%
Cumulative total return on NAV for the fiscal YTD     6.21%
Cumulative fiscal YTD distributions as a percentage of NAV     2.07%

 

The Fund will issue a separate 19(a) notice at the time of each monthly distribution using the most current financial information available. You should not draw any conclusions about the Fund's investment performance from the amount of this distribution or from the terms of the Fund’s managed distribution plan.

 

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

 March 2019  
Distribution Amount Per Share of Common Stock $0.065  

 

The following table sets forth the estimated amounts of the current distribution, payable April 10, 2019, together with the cumulative distributions paid this fiscal year-to-date (YTD) from the following sources. The fiscal year is November 1, 2018 to October 31, 2019. 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.

 

Distribution Estimates March 2019 Fiscal YTD
Sources Per Share Amount % of Current Distribution Per Share Amount % of Cumulative Distributions
Net Investment Income $0.026 40%  $0.107 33%
Net Realized Short-Term Capital Gains  -  -  - -
Net Realized Long-Term Capital Gains 0.039  60%   0.218 67% 
Return of Capital (or Other Capital Source) -  -  - -
Total (per common share)  $0.065 100%  $0.325 100%
         
February 28, 2019  
Average annual total return* on NAV for the 5 years     10.55%
Annualized current distribution rate as a percentage of NAV     8.08%
Cumulative total return on NAV for the fiscal YTD     9.51%
Cumulative fiscal YTD distributions as a percentage of NAV     2.69%

 

The Fund will issue a separate 19(a) notice at the time of each monthly distribution using the most current financial information available. You should not draw any conclusions about the Fund's investment performance from the amount of this distribution or from the terms of the Fund’s managed distribution plan.

 

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 or your broker 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

 April 2019  
Distribution Amount Per Share of Common Stock $0.065  

 

The following table sets forth the estimated amounts of the current distribution, payable May 10, 2019, together with the cumulative distributions paid this fiscal year-to-date (YTD) from the following sources. The fiscal year is November 1, 2018 to October 31, 2019. 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.

 

Distribution Estimates April 2019 Fiscal YTD
Sources Per Share Amount % of Current Distribution Per Share Amount % of Cumulative Distributions
Net Investment Income $0.018 27%  $0.125 32%
Net Realized Short-Term Capital Gains  -  -  - -
Net Realized Long-Term Capital Gains 0.044  68%   0.265 68% 
Return of Capital (or Other Capital Source) 0.003  5%  - -
Total (per common share)  $0.065 100%  $0.390 100%
         
March 31, 2019  
Average annual total return* on NAV for the 5 years     10.37%
Annualized current distribution rate as a percentage of NAV     7.79%
Cumulative total return on NAV for the fiscal YTD     14.31%
Cumulative fiscal YTD distributions as a percentage of NAV     3.25%

 

The Fund will issue a separate 19(a) notice at the time of each monthly distribution using the most current financial information available. You should not draw any conclusions about the Fund's investment performance from the amount of this distribution or from the terms of the Fund’s managed distribution plan.

 

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 or your broker 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.