EX-99.C 4 d819681dex99c.htm COPIES OF THE REGISTRANT'S NOTICES TO SHAREHOLDERS PURSUANT TO RULE 19A-1 Copies of the Registrant's notices to shareholders pursuant to Rule 19a-1

Exhibit 99(c)

DNP SELECT INCOME FUND INC.

Section 19(a) Notice

Notification of Sources of Distribution

 

Distribution Period

    November 2023    
     

Distribution Amount Per Share of Common Stock

       $0.065     

The following table sets forth the estimated amounts of the current distribution, payable December 11, 2023 to shareholders of record November 30, 2023, together with the cumulative distributions paid this fiscal year-to-date (YTD) from the following sources. The fiscal year is November 1, 2023 to October 31, 2024. 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 2023      Fiscal YTD  
         
Sources     Per Share Amount      

% of Current

Distribution

     Per Share Amount      

 % of Cumulative

Distributions

 
       

Net Investment Income

     $     0.023         36%         $     0.023         36%   

Net Realized Short-Term Capital Gains

     0.001         1%         0.001         1%   

Net Realized Long-Term Capital Gains

     0.040         61%         0.040         61%   

Return of Capital (or Other Capital Source)

     0.001         2%         0.001         2%   

Total (per common share)

     $     0.065         100%         $     0.065         100%   
           
   

August 31, 2023

 

    
   

Average annual total return* on NAV for the 5 years

 

     5.97%  
   

Annualized current distribution rate as a percentage of NAV

 

     9.81%  
   

Cumulative total return on NAV for the fiscal YTD

 

     -0.98%  
   

Cumulative fiscal YTD distributions as a percentage of NAV

 

     8.18%  

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.


DNP SELECT INCOME FUND INC.

Section 19(a) Notice

Notification of Sources of Distribution

 

Distribution Period

    December 2023    
     

Distribution Amount Per Share of Common Stock

       $0.065     

The following table sets forth the estimated amounts of the current distribution, payable January 10, 2024 to shareholders of record December 29, 2023, together with the cumulative distributions paid this fiscal year-to-date (YTD) from the following sources. The fiscal year is November 1, 2023 to October 31, 2024. 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 2023      Fiscal YTD  
         
Sources     Per Share Amount      

% of Current

Distribution

      Per Share Amount     

 % of Cumulative

Distributions

 
       

Net Investment Income

     $     0.015         23%         $     0.039         30%   

Net Realized Short-Term Capital Gains

     -         -         -         -   

Net Realized Long-Term Capital Gains

     0.005         7%         0.044         34%   

Return of Capital (or Other Capital Source)

     0.045         70%         0.047         36%   

Total (per common share)

     $     0.065         100%         $     0.130         100%   
           
   

November 30, 2023

 

    
   

Average annual total return* on NAV for the 5 years

 

     5.34%  
   

Annualized current distribution rate as a percentage of NAV

 

     9.81%  
   

Cumulative total return on NAV for the fiscal YTD

 

     8.23%  
   

Cumulative fiscal YTD distributions as a percentage of NAV

 

     0.82%  

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.


DNP SELECT INCOME FUND INC.

Section 19(a) Notice

Notification of Sources of Distribution

 

Distribution Period

    January 2024    
     

Distribution Amount Per Share of Common Stock

       $0.065     

The following table sets forth the estimated amounts of the current distribution, payable February 12, 2024 to shareholders of record January 31, 2024, together with the cumulative distributions paid this fiscal year-to-date (YTD) from the following sources. The fiscal year is November 1, 2023 to October 31, 2024. 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 2024      Fiscal YTD  
         
Sources    Per Share Amount     

 % of Current

Distribution

      Per Share Amount     

 % of Cumulative

Distributions

 
       

Net Investment Income

     $     0.012         18%         $     0.051         26%   

Net Realized Short-Term Capital Gains

     -         -         -         -   

Net Realized Long-Term Capital Gains

     0.009         14%         0.052         27%   

Return of Capital (or Other Capital Source)

     0.044         68%         0.092         47%   

Total (per common share)

     $     0.065         100%         $     0.195         100%   
           
   

November 30, 2023

 

    
   

Average annual total return* on NAV for the 5 years

 

     5.34%  
   

Annualized current distribution rate as a percentage of NAV

 

     9.81%  
   

Cumulative total return on NAV for the fiscal YTD

 

     8.23%  
   

Cumulative fiscal YTD distributions as a percentage of NAV

 

     0.82%  

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.


DNP SELECT INCOME FUND INC.

Section 19(a) Notice

Notification of Sources of Distribution

 

Distribution Period

    February 2024    
     

Distribution Amount Per Share of Common Stock

       $0.065     

The following table sets forth the estimated amounts of the current distribution, payable March 11, 2024 to shareholders of record February 29, 2024, together with the cumulative distributions paid this fiscal year-to-date (YTD) from the following sources. The fiscal year is November 1, 2023 to October 31, 2024. 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 2024      Fiscal YTD  
         
Sources    Per Share Amount     

 % of Current

Distribution

      Per Share Amount     

 % of Cumulative

Distributions

 
       

Net Investment Income

     $     0.013         20%         $     0.062         24%   

Net Realized Short-Term Capital Gains

     -         -         -         -   

Net Realized Long-Term Capital Gains

     0.052         80%         0.122         47%   

Return of Capital (or Other Capital Source)

     -         -         0.076         29%   

Total (per common share)

     $     0.065         100%         $     0.260         100%   
           
   

November 30, 2023

 

    
   

Average annual total return* on NAV for the 5 years

 

     5.34%  
   

Annualized current distribution rate as a percentage of NAV

 

     9.81%  
   

Cumulative total return on NAV for the fiscal YTD

 

     8.23%  
   

Cumulative fiscal YTD distributions as a percentage of NAV

 

     0.82%  

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.


DNP SELECT INCOME FUND INC.

Section 19(a) Notice

Notification of Sources of Distribution

 

Distribution Period

    March 2024    
     

Distribution Amount Per Share of Common Stock

       $0.065     

The following table sets forth the estimated amounts of the current distribution, payable April 10, 2024 to shareholders of record March 28, 2024, together with the cumulative distributions paid this fiscal year-to-date (YTD) from the following sources. The fiscal year is November 1, 2023 to October 31, 2024. 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 2024      Fiscal YTD  
         
Sources    Per Share Amount     

 % of Current

Distribution

      Per Share Amount     

 % of Cumulative

Distributions

 
       

Net Investment Income

     $     0.017         26%         $     0.081         25%   

Net Realized Short-Term Capital Gains

     -         -         -         -   

Net Realized Long-Term Capital Gains

     0.023         36%         0.146         45%   

Return of Capital (or Other Capital Source)

     0.025         38%         0.098         30%   

Total (per common share)

     $     0.065         100%         $     0.325         100%   
           
   

February 29, 2024

 

    
   

Average annual total return* on NAV for the 5 years

 

     5.88%  
   

Annualized current distribution rate as a percentage of NAV

 

     10.23%  
   

Cumulative total return on NAV for the fiscal YTD

 

     6.37%  
   

Cumulative fiscal YTD distributions as a percentage of NAV

 

     3.41%  

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.


DNP SELECT INCOME FUND INC.

Section 19(a) Notice

Notification of Sources of Distribution

 

Distribution Period

    April 2024     
     

Distribution Amount Per Share of Common Stock

       $0.065     

The following table sets forth the estimated amounts of the current distribution, payable May 10, 2024 to shareholders of record April 30, 2024, together with the cumulative distributions paid this fiscal year-to-date (YTD) from the following sources. The fiscal year is November 1, 2023 to October 31, 2024. 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 2024      Fiscal YTD  
         
Sources    Per Share Amount     

 % of Current

Distribution

      Per Share Amount     

 % of Cumulative

Distributions

 
       

Net Investment Income

     $     0.007         11%         $     0.090         23%   

Net Realized Short-Term Capital Gains

     -         -         -         -   

Net Realized Long-Term Capital Gains

     0.058         89%         0.215         55%   

Return of Capital (or Other Capital Source)

     -         -         0.085         22%   

Total (per common share)

     $     0.065         100%         $     0.390         100%   
           
   

February 29, 2024

 

    
   

Average annual total return* on NAV for the 5 years

 

     5.88%  
   

Annualized current distribution rate as a percentage of NAV

 

     10.23%  
   

Cumulative total return on NAV for the fiscal YTD

 

     6.37%  
   

Cumulative fiscal YTD distributions as a percentage of NAV

 

     3.41%  

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.