We moved the DNP Select Income Fund to a Sell a few months back. The CEF has underperformed XLU by 18% since then. We go over the reasons for our upgrade and compare the longer-term performance to UTG ...
DNP Select Income Fund is a closed-end fund focused on Utilities. We assigned DNP a Sell rating earlier in the year based on overstretched valuation metrics. The CEF is down over -8% since our Sell ...
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