Company: DNP
Filing Date: 2025-06-20
Form Type: N-CSRS
Source: 0001193125-25-143433
Chunk: 9

Company: DNP SELECT INCOME FUND INC
Filing Date: 2025-06-20
Form: N-CSRS
Chunk 9
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 rate of 0.60% of the Average Weekly Managed Assets of the Fund up to $1.5 billion and 0.50% of Average Weekly Managed Assets in excess thereof. For purposes of the foregoing calculations, “Average Weekly Managed Assets” is defined as the average weekly value of the total assets of the Fund minus the sum of all accrued liabilities of the Fund (other than the aggregate amount of any outstanding borrowings or other indebtedness constituting financial leverage).

B.      
Administrator: Effective March 1, 2025, the Fund has an Administration Agreement with Virtus Fund Services, LLC (the “Administrator”), an indirect, wholly owned subsidiary of Virtus. The Administrator receives a monthly fee at an annual rate of 0.10% of the average weekly managed assets up to $3 billion and 0.08% of the average weekly managed assets over $3 billion. Prior to March 1, 2025, the Fund maintained an Administration

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DNP SELECT INCOME FUND INC. NOTES TO FINANCIAL STATEMENTS (Continued) April 30, 2025 (Unaudited)

Agreement with Robert W. Baird & Co. Incorporated which had a quarterly fee payable at an annual rate of 0.20% of the Fund’s Average Weekly Managed Assets up to $1 billion, and 0.10% of Average Weekly Managed Assets over $1 billion. C. Directors: The Fund pays each director not affiliated with the Adviser an annual fee. Total fees paid to directors for the six months ended April 30, 2025 were $312. Note 4. Investment Transactions ($ reported in thousands) Purchases and sales of investment securities for the six months ended April 30, 2025 were $253,307 and $286,680, respectively. Note 5. Distributions and Tax Information ($ reported in thousands) At April 30, 2025, the approximate federal tax cost and aggregate gross unrealized appreciation (depreciation) were as follows:

| Federal    
 Tax Cost   |     |   Unrealized 
 Appreciation |     | Unrealized     
 (Depreciation) |     |            Net 
     Unrealized 
   Appreciation 
 (Depreciation) |
| $3,429,837 |     |   $1,289,557 |     | $(168,397)     |     |     $1,121,160 |

At October 31, 202