Duff & Phelps Utility and Infrastructure Fund Inc. Announces Dividends and Discloses Sources of Distribution Section 19(a) Notice
Per Share Amount |
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Record Date |
Payable Date |
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The Fund adopted a Managed Distribution Plan (the “Plan”) in 2015. Under the Plan, the Fund will distribute all available investment income to its shareholders, consistent with the Fund’s investment objective. If and when sufficient investment income is not available on a monthly basis, the Fund will distribute realized capital gains and/or return of capital to its shareholders in order to maintain the monthly
The following table sets forth the estimated amounts of the Fund’s September monthly distribution to shareholders of record at the close of business on
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Year-to-Date (YTD) |
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(Sources) |
Per Share Amount |
Percentage of Current Distribution |
Per Share Amount |
Percentage of Current Distribution |
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Net Investment Income |
$ |
0.000 |
0.0% |
$ |
0.014 |
1.7% |
Net Realized Foreign Currency Gains |
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0.000 |
0.0% |
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0.000 |
0.0% |
Net Realized Short-Term Capital Gains |
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0.000 |
0.0% |
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0.000 |
0.0% |
Net Realized Long-Term Capital Gains |
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0.000 |
0.0% |
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0.000 |
0.0% |
Return of Capital (or other Capital Source) |
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0.070 |
100.0% |
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0.826 |
98.3% |
Total Distribution |
$ |
0.070 |
100.0% |
$ |
0.840 |
100.0% |
As of |
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Average annual total return on NAV for the 5 years |
4.45% |
Annualized current distribution rate as a percentage of NAV |
6.73% |
Cumulative total return on NAV for the fiscal year |
34.61% |
Cumulative fiscal year distributions as a percentage of NAV |
6.17% |
The Fund will issue a separate 19(a) notice at the time of each distribution using the most current financial information available. You should not draw any conclusions about the Fund’s investment performance from the amount of these distributions or from the terms of the 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 or your broker 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.
About the Fund
About the Investment Adviser
View source version on businesswire.com: https://www.businesswire.com/news/home/20240919616326/en/
For Further Information:
DPG Fund Services
(866) 270-7598
duff@virtus.com
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