Closed-End Funds

In addition to managing institutional products, Duff & Phelps Investment Management Co. has over 20 years experience managing closed-end funds on behalf of investors.


DNP Select Income Fund Inc. (NYSE: DNP), our first fund product, is a diversified, closed-end investment company that began operations in January 1987.  The Fund has a primary investment objective that focuses on current income and long-term growth of income.  Capital appreciation is a secondary objective.  The Fund invests primarily in a diversified portfolio of equity and fixed income securities of companies within the global utilities industry.

Duff & Phelps Global Utility Income Fund Inc. (NYSE: DPG) is a non-diversified, closed-end investment company investing primarily in equities of domestic and foreign utilities that was initially offered to the public in July 2011.  The Fund’s investment objective is to seek total return, resulting primarily from (i) a high level of current income, with an emphasis on providing tax-advantage dividend income, and (ii) growth in current income, and secondarily from capital appreciation.

Duff & Phelps Select Energy MLP Fund Inc. (NYSE: DSE) is a non-diversified, closed-end management company that was organized in June, 2014.  The Fund’s investment objective is to seek a high level of total return resulting from a combination of current tax-deferred distributions and capital appreciation.  The Fund invests at least 80% of its managed assets in select energy Master Limited Partnerships (MLPs) which offer exposure to the ongoing energy renaissance and the reshaping of the U.S. energy economy.

Duff & Phelps Utility and Corporate Bond Trust Inc. (NYSE: DUC) is a diversified, closed-end investment company, first offered its common stock to the public in January of 1993.  The primary investment objective is high current income consistent with investing in fixed income securities of investment grade quality.  The Fund’s investment process is focused on utility and corporate fixed income securities.

DTF Tax-Free Income Inc. (NYSE: DTF) is a diversified, closed-end investment company that was organized in November, 1991.  This Fund’s investment objective is current income that is exempt from regular U.S. federal income tax consistent with the preservation of capital.  The Fund invests in a diversified portfolio of investment-grade tax-exempt fixed income securities that are issued by states, counties and municipalities within the United States.

 

This information does not represent an offer, or the solicitation of an offer, to buy or sell securities of the Funds. Such an offer is only made by a registered broker-dealer.