EXHIBIT 99(c)
DNP SELECT INCOME FUND INC. Section 19(a) Notice |
Notification of Sources of Distribution Distribution Period | November 2015 | |
| Distribution Amount Per Share of Common Stock | $0.065 | |
The following table sets forth the estimated amounts of the current distribution, payable December 10, 2015, 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 | November 30, 2015 | Year-to-date (YTD) |
| Sources | Per Share Amount | % of Current Distribution | Per Share Amount | % of Cumulative Distributions |
| Net Investment Income | $0.036 | 55% | $0.036 | 55% |
| Net Realized Short-Term Capital Gains | - | - | - | - |
| Net Realized Long-Term Capital Gains | - | - | - | - |
| Return of Capital (or Other Capital Source) | 0.029 | 45% | 0.029 | 45% |
| Total (per common share) | $0.065 | 100% | $0.065 | 100% |
| | | | | |
| October 31, 2015 | |
| Average annual total return* on NAV for the 5 years | | | 12.91% |
| Annualized current distribution rate as a percentage of NAV | | | 8.94% |
| Cumulative total return on NAV for the fiscal year | | | -7.09% |
| Cumulative fiscal year distributions as a percentage of NAV | | | 8.94% |
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 Fund estimates that it has distributed more than its income and capital gains; therefore, a portion of your distribution may be a return of capital. A return of capital may occur, for example, when some or all of the money that you invested in the Fund is paid back to you. A return of capital distribution does not necessarily reflect the Fund’s investment performance and should not be confused with “yield” or “income”.
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. Section 19(a) Notice |
Notification of Sources of Distribution Distribution Period | December 2015 | |
| Distribution Amount Per Share of Common Stock | $0.065 | |
The following table sets forth the estimated amounts of the current distribution, payable January 11, 2016, 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 | December 31, 2015 | Year-to-date (YTD) |
| Sources | Per Share Amount | % of Current Distribution | Per Share Amount | % of Cumulative Distributions |
| Net Investment Income | $0.027 | 42% | $0.062 | 48% |
| Net Realized Short-Term Capital Gains | - | - | - | - |
| Net Realized Long-Term Capital Gains | - | - | - | - |
| Return of Capital (or Other Capital Source) | 0.038 | 58% | 0.068 | 52% |
| Total (per common share) | $0.065 | 100% | $0.130 | 100% |
| | | | | |
| November 30, 2015 | |
| Average annual total return* on NAV for the 5 years | | | 12.91% |
| Annualized current distribution rate as a percentage of NAV | | | 9.37% |
| Cumulative total return on NAV for the fiscal year | | | -3.82% |
| Cumulative fiscal year distributions as a percentage of NAV | | | 0.78% |
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 Fund estimates that it has distributed more than its income and capital gains; therefore, a portion of your distribution may be a return of capital. A return of capital may occur, for example, when some or all of the money that you invested in the Fund is paid back to you. A return of capital distribution does not necessarily reflect the Fund’s investment performance and should not be confused with “yield” or “income”.
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. Section 19(a) Notice |
Notification of Sources of Distribution Distribution Period | January 2016 | |
| Distribution Amount Per Share of Common Stock | $0.065 | |
The following table sets forth the estimated amounts of the current distribution, payable February 10, 2016, 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 | January 31, 2016 | Year-to-date (YTD) |
| Sources | Per Share Amount | % of Current Distribution | Per Share Amount | % of Cumulative Distributions |
| Net Investment Income | $0.012 | 18% | $0.074 | 38% |
| Net Realized Short-Term Capital Gains | - | - | - | - |
| Net Realized Long-Term Capital Gains | - | - | - | - |
| Return of Capital (or Other Capital Source) | 0.053 | 82% | 0.121 | 62% |
| Total (per common share) | $0.065 | 100% | $0.195 | 100% |
| | | | | |
| December 31, 2015 | |
| Average annual total return* on NAV for the 5 years | | | 12.24% |
| Annualized current distribution rate as a percentage of NAV | | | 9.52% |
| Cumulative total return on NAV for the fiscal year | | | -4.50% |
| Cumulative fiscal year distributions as a percentage of NAV | | | 1.59% |
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 Fund estimates that it has distributed more than its income and capital gains; therefore, a portion of your distribution may be a return of capital. A return of capital may occur, for example, when some or all of the money that you invested in the Fund is paid back to you. A return of capital distribution does not necessarily reflect the Fund’s investment performance and should not be confused with “yield” or “income”.
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. Section 19(a) Notice |
Notification of Sources of Distribution Distribution Period | February 2016 | |
| Distribution Amount Per Share of Common Stock | $0.065 | |
The following table sets forth the estimated amounts of the current distribution, payable March 10, 2016, 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 | February 29, 2016 | Year-to-date (YTD) |
| Sources | Per Share Amount | % of Current Distribution | Per Share Amount | % of Cumulative Distributions |
| Net Investment Income | $0.032 | 49% | $0.107 | 41% |
| Net Realized Short-Term Capital Gains | - | - | - | - |
| Net Realized Long-Term Capital Gains | - | - | - | - |
| Return of Capital (or Other Capital Source) | 0.033 | 51% | 0.153 | 59% |
| Total (per common share) | $0.065 | 100% | $0.260 | 100% |
| | | | | |
| January 31, 2016 | |
| Average annual total return* on NAV for the 5 years | | | 12.31% |
| Annualized current distribution rate as a percentage of NAV | | | 9.34% |
| Cumulative total return on NAV for the fiscal year | | | -1.89% |
| Cumulative fiscal year distributions as a percentage of NAV | | | 2.33% |
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 Fund estimates that it has distributed more than its income and capital gains; therefore, a portion of your distribution may be a return of capital. A return of capital may occur, for example, when some or all of the money that you invested in the Fund is paid back to you. A return of capital distribution does not necessarily reflect the Fund’s investment performance and should not be confused with “yield” or “income”.
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. Section 19(a) Notice |
Notification of Sources of Distribution Distribution Period | March 2016 | |
| Distribution Amount Per Share of Common Stock | $0.065 | |
The following table sets forth the estimated amounts of the current distribution, payable April 11, 2016, 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 | March 31, 2016 | Year-to-date (YTD) |
| Sources | Per Share Amount | % of Current Distribution | Per Share Amount | % of Cumulative Distributions |
| Net Investment Income | $0.033 | 51% | $0.143 | 44% |
| Net Realized Short-Term Capital Gains | - | - | - | - |
| Net Realized Long-Term Capital Gains | 0.032 | 49% | 0.150 | 46% |
| Return of Capital (or Other Capital Source) | - | - | 0.032 | 10% |
| Total (per common share) | $0.065 | 100% | $0.325 | 100% |
| | | | | |
| February 29, 2016 | |
| Average annual total return* on NAV for the 5 years | | | 11.96% |
| Annualized current distribution rate as a percentage of NAV | | | 9.12% |
| Cumulative total return on NAV for the fiscal year | | | 1.15% |
| Cumulative fiscal year distributions as a percentage of NAV | | | 3.04% |
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 Fund estimates that it has distributed more than its income and capital gains; therefore, a portion of your distribution may be a return of capital. A return of capital may occur, for example, when some or all of the money that you invested in the Fund is paid back to you. A return of capital distribution does not necessarily reflect the Fund’s investment performance and should not be confused with “yield” or “income”.
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. Section 19(a) Notice |
Notification of Sources of Distribution Distribution Period | April 2016 | |
| Distribution Amount Per Share of Common Stock | $0.065 | |
The following table sets forth the estimated amounts of the current distribution, payable May 10, 2016, 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 30, 2016 | Year-to-date (YTD) |
| Sources | Per Share Amount | % of Current Distribution | Per Share Amount | % of Cumulative Distributions |
| Net Investment Income | $0.020 | 31% | $0.164 | 42% |
| Net Realized Short-Term Capital Gains | - | - | - | - |
| Net Realized Long-Term Capital Gains | 0.040 | 61% | 0.187 | 48% |
| Return of Capital (or Other Capital Source) | 0.005 | 8% | 0.039 | 10% |
| Total (per common share) | $0.065 | 100% | $0.390 | 100% |
| | | | | |
| March 31, 2016 | |
| Average annual total return* on NAV for the 5 years | | | 13.46% |
| Annualized current distribution rate as a percentage of NAV | | | 8.34% |
| Cumulative total return on NAV for the fiscal year | | | 11.38% |
| Cumulative fiscal year distributions as a percentage of NAV | | | 3.48% |
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 Fund estimates that it has distributed more than its income and capital gains; therefore, a portion of your distribution may be a return of capital. A return of capital may occur, for example, when some or all of the money that you invested in the Fund is paid back to you. A return of capital distribution does not necessarily reflect the Fund’s investment performance and should not be confused with “yield” or “income”.
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.
