Commerce Bank Takes $1.79 Million Position in DNP Select Income Fund Inc. $DNP

Posted by Brenda Bartman on Aug 26th, 2026

Commerce Bank purchased a new stake in shares of DNP Select Income Fund Inc. (NYSE:DNP – Free Report) in the 2nd quarter, Holdings Channel reports. The fund purchased 165,860 shares of the investment management company’s stock, valued at approximately $1,790,000.

A number of other hedge funds also recently added to or reduced their stakes in the company. Royal Bank of Canada lifted its position in DNP Select Income Fund by 4.2% in the 1st quarter. Royal Bank of Canada now owns 3,229,721 shares of the investment management company’s stock valued at $33,266,000 after acquiring an additional 131,646 shares in the last quarter. LPL Financial LLC increased its holdings in shares of DNP Select Income Fund by 16.3% in the 4th quarter. LPL Financial LLC now owns 3,060,999 shares of the investment management company’s stock worth $30,579,000 after purchasing an additional 430,094 shares in the last quarter. Cetera Investment Advisers increased its holdings in shares of DNP Select Income Fund by 1.3% in the 1st quarter. Cetera Investment Advisers now owns 1,530,527 shares of the investment management company’s stock worth $15,764,000 after purchasing an additional 19,122 shares in the last quarter. Commonwealth Equity Services LLC raised its stake in shares of DNP Select Income Fund by 3.3% in the fourth quarter. Commonwealth Equity Services LLC now owns 1,497,243 shares of the investment management company’s stock worth $14,957,000 after purchasing an additional 47,974 shares during the last quarter. Finally, J.W. Cole Advisors Inc. raised its stake in shares of DNP Select Income Fund by 1.3% in the fourth quarter. J.W. Cole Advisors Inc. now owns 1,129,972 shares of the investment management company’s stock worth $11,288,000 after purchasing an additional 14,173 shares during the last quarter. 8.51% of the stock is currently owned by hedge funds and other institutional investors.

DNP Select Income Fund Stock Up 0.6%

Shares of NYSE:DNP opened at $10.97 on Wednesday. DNP Select Income Fund Inc. has a 1 year low of $9.69 and a 1 year high of $11.16. The stock’s fifty day moving average price is $10.91 and its 200-day moving average price is $10.65.

DNP Select Income Fund Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Tuesday, October 13th. Shareholders of record on Wednesday, September 30th will be given a $0.065 dividend. The ex-dividend date of this dividend is Wednesday, September 30th. This represents a c) dividend on an annualized basis and a yield of 7.1%.

About DNP Select Income Fund

(Free Report)

DNP Select Income Fund is a closed‐end management investment company listed on the New York Stock Exchange under the symbol DNP. The fund’s primary objective is to provide high current income and, as a secondary objective, capital appreciation by investing in income‐producing securities.

To pursue its objectives, DNP Select Income Fund allocates the majority of its assets to equity and equity‐related securities of energy infrastructure companies, with a particular focus on master limited partnerships (MLPs) in the midstream sector.