DNP: 8% Yield On Utilities, Up Nearly 8% Year-To-Date, Historic Low Premium

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  Posted by Two Blokes Apr 27 - Filed in Stock - 5 views
  
  DNP Select Income Fund is up year-to-date, outperforming the S&P 500, and offers an 8% yield with a focus on utilities. DNP's valuation is attractive, trading at a 2.27% premium to NAV, lower than its historical premiums, making it a buy. Risks include credit, interest rate and leverage risks, but the fund's well-covered yield and potential interest rate cuts offer upside.