Form 4: DNP Select Income Fund: Officer of Investment Advisor Acquires Shares

Kyle P. West, an officer of the investment advisor for DNP Select Income Fund, purchased 1,000 shares of common stock at $8.2399 per share.

Summary

• On June 14, 2024, Kyle P. West, an officer of the investment advisor for DNP Select Income Fund, acquired 1,000 shares of common stock.
• The purchase price was $8.2399 per share.
• Following the transaction, West directly owns 7,176.978 shares of DNP Select Income Fund.
• This includes 316.978 shares acquired through a dividend reinvestment plan since his last Form 4 filing, with a total of 876.978 shares held through the plan.

Sentiment

Score: 5

Explanation: Neutral sentiment as it is a standard transaction report. The purchase itself could be interpreted slightly positively, but the document is primarily informational.

Positives

• The purchase by an officer of the investment advisor could be seen as a positive signal about the fund's prospects.

Industry Context

Form 4 filings are a routine part of regulatory compliance for individuals with potential inside knowledge of a company. They provide transparency into the transactions of company insiders.

Stakeholder Impact

• The transaction may have a minor positive impact on shareholder sentiment.

Key Dates