DNP Select Income Fund Announces Revised Net Asset Value Information

CHICAGO, Sept. 1, 2015 /PRNewswire/ -- DNP Select Income Fund Inc. (DNP) announced today that the net asset value (NAV) reported each day last week was incorrect due to a technical malfunction experienced by its fund accounting agent, The Bank of New York Mellon (BNYM).  Over 1,000 funds that are serviced by BNYM using the SunGard InvestOne system were affected by this malfunction, which has since been resolved.  During the service outage, the daily NAV was manually calculated.  All NAVs have since been system-generated by the InvestOne system.  The table below shows the manually calculated and system-generated NAVs for last week.  NAV per share does not represent the market price at which an investor may trade shares of DNP on the NYSE or other exchange.  The market prices on these dates remain unchanged.

About the Fund

DNP Select Income Fund Inc. is a closed-end diversified investment management company whose 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 www.dnpselectincome.com or call (800) 864-0629.

About the Investment Adviser

Duff & Phelps Investment Management Co. is a subsidiary of Virtus Investment Partners VRTS, a multi-boutique asset manager with $52.4 billion under management as of June 30, 2015. Duff & Phelps has more than 35 years of experience managing investment portfolios, including institutional separate accounts and open- and closed-end funds investing in utilities, infrastructure and real estate investment trusts (REITs).  For more information, visit www.dpimc.com.

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SOURCE DNP Select Income Fund Inc.