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DNP Select Income Fund, Inc. Co Message Board

  • axzl axzl Jul 24, 2001 1:48 PM Flag

    DNP Market Value

    Maybe it is my imagination, but DNP's market value looks a little rich to me at these levels. The NAV is rapidly following the Utility Index lower and the yield may not support the $11 level much longer. It appears to me that DNP has had its run for now and may head back down towards the $9 level.


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    • While interest rates remain low, the price will continue around $11.00 I would not want to get into this stock at this level just before short term rates start going back up.

      • 1 Reply to jtb_321
      • Hi all,
        Old Joy is jus back from a fab vacation. Now I'm watchin' and watin' Sorry bout that southern talk!
        Sometimes I jus can't figure this stock. Two of its largest holdings - SBC and BLS - went North and ol' DNP went South!!
        I really can't figure a good price to jump in. If you visit they'll give you the NAV for the past week. Does anyone know if this fund as traded BELOW NAV for any period?
        I want to be able to sleep with my wooden Jack Kramer racket nestled in my bed, & I think this stock may fit the bill. After all the real Jack K is a dead stiff!!
        Has anyone bothered to figure out which is better: the yield on a 7% monthly divy verses a 9% yield in something like an HCP??
        If someone has, I promise to let up on a couple of first serves in our next match at Negley Park.
        30-love and Joy's serve.

10.58-0.01(-0.09%)Jun 29 4:02 PMEDT