DNP Stock Recent News

We share updated data on more than 10 of the biggest and most-popular big-yield CEFs, many of them paying distributions monthly. After reviewing seven important questions to ask before investing in any CEF, we consider current market conditions and macroeconomic risk factors. We have a special focus on the DNP Select Income Fund, which is known for safety and stability (thanks to its utility sector and investment-grade bond allocations).

DNP Select Income and Reaves Utility Income are both solid long-term choices in the utility/infrastructure closed-end fund space. UTG gets the edge over DNP due to its valuation, as the discount/premium can play a significant role in the outcome for investors. Buying DNP at a premium of below 10% is generally a good buying opportunity, but even more ideally, it would be at a discount which doesn't come around often.

DNP: Moving From Sell To Hold On This CEF.

Closed-End Funds, or CEFs, are a popular form of monthly paying stocks. Most, however, are dangerous and lack income dependability, due to destructive use of Return of Capital (unsustainable dividends that fall over time).

DNP and UTG are exceptionally popular CEFs for income investors. We had suggested a switch the last time around when we covered these two and we take a look at how the trade has played out.

DNP is a utilities equities closed end fund with a substantial track record. The fund is one of those rare, golden standard CEFs that have always traded at premiums to NAV in the past decade.

DNP Select Income Fund invests in a diversified portfolio of utilities and other stable companies to provide investors with a high level of current income. The fund does very limited trading over time, which helps it keep costs down and beat its benchmark index.

All investments compete against each other and the risk-free rate. While we don't consider the utilities sector particularly attractive, there are always opportunities to make a buck.

DNP is a utility sector focused CEF. It has paid a consistent $0.065/month distribution for years.

DNP is a famous fund that has maintained its distribution through thick and thin. The current 7.8% yield looks tempting in this market.