BRIEF: G Duff & Phelps Utilities Income, Inc. is a closed-end diversified management investment company investing in equity and debt securities of various utilities. The primary objectives are current income and long-term growth income. For the FY ended 12/99, investment income totalled $217.1M. Net investment income totalled $184.5M. Net decrease in net assets totalled $147.1M. Net asset value per share totalled $8.77.
$8.81 NAV (net asset value) plus the dividends of which the current yield is about 8%. These figures are per Market Guide Inc. There fore you could buy what the hold for $8.81 per share. Why pay $9 5/8? Sounds kinda like simple analysis? It is.