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DNP Select Income Fund Inc. Section 19(a) Notice

CHICAGO, May 9, 2017 /PRNewswire/ --

Notification of Sources of Distribution



Distribution Period

April 2017


Distribution Amount Per Share of Common Stock

$0.065

The following table sets forth the estimated amounts of the current distribution, payable May 10, 2017, together with the cumulative distributions paid this fiscal year to date from the following sources.  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 2017

Year-to-date (YTD)

Sources

Per Share Amount

% of Current Distribution

Per Share Amount

% of Cumulative Distributions

Net Investment Income

$0.016

25%

$0.144

37%

Net Realized Short-Term Capital Gains

-

-

-

-

Net Realized Long-Term Capital Gains

0.049

75%

0.246

63%

Return of Capital (or Other Capital Source)

-

-

-

-

Total (per common share)

$0.065

100%

$0.390

100%







March 31, 2017


Average annual total return* on NAV for the 5 years


13.47%

Annualized current distribution rate as a percentage of NAV


7.88%

Cumulative total return on NAV for the fiscal year


8.99%

Cumulative fiscal year distributions as a percentage of NAV


3.28%

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 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 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. (DNP) is a closed-end diversified investment management company.  The Fund's primary investment objectives are current income and long-term growth of income.  The Fund seeks to achieve these objectives by investing primarily in a diversified portfolio of equity and fixed income securities of companies in the public utilities industry.  For more information, visit the Fund's website at www.dnpselectincome.com or call the Fund at (800) 864-0629.

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