DNP Select Income Fund Inc. (the Fund) is a closed-end diversified management investment company. The primary investment objectives of the Fund are current income and long-term growth of income. Capital appreciation is a secondary objective. The Fund has engaged Duff & Phelps Investment Management Co. (the Adviser) to provide professional investment management services for the Fund. It has engaged J. J. B. Hilliard, W. L. Lyons, Inc. (the Administrator) to provide administrative and management services for the Fund.