The DNP Select Income Fund is a diversified, closed-end management investment company trading on the New York Stock Exchange under the symbol DNP. The fund seeks to provide high current income and total return by investing primarily in dividend-paying common stocks, debt securities, real estate investment trusts (REITs), real estate operating companies, master limited partnerships (MLPs) and other income-oriented assets. To enhance yield, the fund may employ leverage through unsecured borrowings and preferred equity, aiming to generate attractive distributions for investors.
Since its inception, the fund has broadened its mandate to allocate assets across multiple sectors, including utilities, energy infrastructure, financial services and real estate. The diversified portfolio strategy allows DNP to capture income opportunities in both traditional equity markets and specialized asset classes such as utility MLPs and REITs. The fund’s management team conducts fundamental research and credit analysis to identify companies with strong cash flow profiles, resilient business models and consistent track records of dividend growth.
Originally launched in December 2008 as an energy-focused vehicle, the fund reorganized in 2015 to adopt a more balanced, multi-sector income approach, reflecting evolving market conditions and investor demand for diversified income streams. Headquartered in New York City, the fund is managed by SteelPath Capital Management, a subsidiary of SteelBridge Capital, which brings deep expertise in closed-end fund management and alternative income strategies. SteelPath’s platform provides research, trading and risk management capabilities to support the fund’s objectives.
Under the oversight of an experienced board of trustees and a seasoned portfolio management team, DNP Select Income Fund serves a broad range of investors seeking regular distributions and potential capital appreciation. While the fund primarily focuses on U.S.-based issuers, it retains flexibility to invest in select international income opportunities when attractive risk-adjusted yields are available. This global reach, combined with the fund’s disciplined income-oriented philosophy, underscores its commitment to delivering consistent, long-term value to shareholders.
AI Generated. May Contain Errors.
Free DNP Stock Alerts