Section 19(a) Notice
CHICAGO, November 12, 2024 – Duff & Phelps Utility and Infrastructure Fund Inc. (NYSE: DPG)
declared a distribution of $0.07 per share to shareholders of record at the close of business on October 31, 2024 (ex-date October 31, 2024).
The following table sets forth the estimated amounts of the Fund’s October 2024 monthly distribution and its sources, payable
November 12, 2024, together with the cumulative distributions paid from the first day of the fiscal year. All amounts are expressed per share of common stock based on U.S. generally accepted accounting principles which may differ from federal
income tax regulations.
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|
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|
|
| Distribution Estimates |
|
October 2024 (MTD) |
|
|
Year-to-Date (YTD) |
|
| (Sources) |
|
Per Share
Amount |
|
|
Percentage
of Current
Distribution |
|
|
Per Share
Amount |
|
|
Percentage
of Current
Distribution |
|
| Net Investment Income |
|
$ |
0.000 |
|
|
|
0.0 |
% |
|
$ |
0.014 |
|
|
|
1.5 |
% |
| Net Realized Short-Term Capital Gains |
|
|
0.000 |
|
|
|
0.0 |
% |
|
|
0.000 |
|
|
|
0.0 |
% |
| Net Realized Long-Term Capital Gains |
|
|
0.000 |
|
|
|
0.0 |
% |
|
|
0.000 |
|
|
|
0.0 |
% |
| Return of Capital (or other Capital Source) |
|
|
0.070 |
|
|
|
100.0 |
% |
|
|
0.896 |
|
|
|
98.5 |
% |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Total Distribution |
|
$ |
0.070 |
|
|
|
100.0 |
% |
|
$ |
0.910 |
|
|
|
100.0 |
% |
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|
| As of September 30, 2024 |
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|
|
|
| Average annual total return on NAV for the 5 years |
|
|
4.80 |
% |
| Annualized current distribution rate as a percentage of NAV(1) |
|
|
6.52 |
% |
| Cumulative total return on NAV for the fiscal year |
|
|
39.70 |
% |
| Cumulative fiscal year distributions as a percentage of NAV |
|
|
6.52 |
% |
| (1) |
Calculated based on monthly rate of $0.07 per share. Distributions in fiscal year 2024 may be higher than the
annualized rate of $0.84 per share due to a change in the distribution frequency from quarterly to monthly during the fiscal year. |
You should not draw any conclusions about the Fund’s investment performance from the amount of these distributions or from the terms of
the Fund’s managed distribution 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 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.
10 South Wacker Drive
• Suite 1900 • Chicago IL 60606
Section 19(a) Notice
CHICAGO, December 10, 2024 – Duff & Phelps Utility and Infrastructure Fund Inc. (NYSE: DPG)
declared a distribution of $0.07 per share to shareholders of record at the close of business on November 29, 2024 (ex-date November 29, 2024).
The following table sets forth the estimated amounts of the Fund’s November 2024 monthly distribution and its sources, payable
December 10, 2024, together with the cumulative distributions paid from the first day of the fiscal year. All amounts are expressed per share of common stock based on U.S. generally accepted accounting principles which may differ from federal
income tax regulations.
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| Distribution Estimates |
|
November 2024 (MTD) |
|
|
Fiscal Year-to-Date (YTD) |
|
| (Sources) |
|
Per Share
Amount |
|
|
Percentage
of Current
Distribution |
|
|
Per Share
Amount |
|
|
Percentage
of Current
Distribution |
|
| Net Investment Income |
|
$ |
0.037 |
|
|
|
52.8 |
% |
|
$ |
0.037 |
|
|
|
52.8 |
% |
| Net Realized Short-Term Capital Gains |
|
|
0.024 |
|
|
|
34.3 |
% |
|
|
0.024 |
|
|
|
34.3 |
% |
| Net Realized Long-Term Capital Gains |
|
|
0.009 |
|
|
|
12.9 |
% |
|
|
0.009 |
|
|
|
12.9 |
% |
| Return of Capital (or other Capital Source) |
|
|
0.000 |
|
|
|
0.0 |
% |
|
|
0.000 |
|
|
|
0.0 |
% |
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|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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| Total Distribution |
|
$ |
0.070 |
|
|
|
100.0 |
% |
|
$ |
0.070 |
|
|
|
100.0 |
% |
|
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|
|
|
|
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|
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|
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| As of October 31, 2024 |
|
|
|
|
| Average annual total return on NAV for the 5 years |
|
|
5.38 |
% |
| Annualized current distribution rate as a percentage of NAV(1) |
|
|
6.56 |
% |
| Cumulative total return on NAV for the fiscal year |
|
|
39.57 |
% |
| Cumulative fiscal year distributions as a percentage of NAV(1) |
|
|
7.11 |
% |
| (1) |
Calculated based on monthly rate of $0.07 per share. Cumulative fiscal year distributions for the fiscal year
ending October 31, 2024 are higher than the annualized current distribution rate due to a change in the distribution frequency from quarterly to monthly during the fiscal year. |
You should not draw any conclusions about the Fund’s investment performance from the amount of these distributions or from the terms of
the Fund’s managed distribution plan.
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 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.
10 South Wacker Drive
• Suite 1900 • Chicago IL 60606
Section 19(a) Notice
CHICAGO, January 10, 2025 – Duff & Phelps Utility and Infrastructure Fund Inc. (NYSE: DPG) declared
a distribution of $0.07 per share to shareholders of record at the close of business on December 31, 2024 (ex-date December 31, 2024).
The following table sets forth the estimated amounts of the Fund’s December 2024 monthly distribution and its sources, payable
January 10, 2025, together with the cumulative distributions paid from the first day of the fiscal year. All amounts are expressed per share of common stock based on U.S. generally accepted accounting principles which may differ from federal
income tax regulations.
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| Distribution Estimates |
|
December 2024 (MTD) |
|
|
Fiscal Year-to-Date (YTD)(1) |
|
| (Sources) |
|
Per Share
Amount |
|
|
Percentage
of Current
Distribution |
|
|
Per Share
Amount |
|
|
Percentage
of Current
Distribution |
|
| Net Investment Income |
|
$ |
— |
|
|
|
0.0 |
% |
|
$ |
0.037 |
|
|
|
26.4 |
% |
| Net Realized Short-Term Capital Gains |
|
|
0.034 |
|
|
|
48.6 |
% |
|
|
0.058 |
|
|
|
41.4 |
% |
| Net Realized Long-Term Capital Gains |
|
|
0.036 |
|
|
|
51.4 |
% |
|
|
0.045 |
|
|
|
32.2 |
% |
| Return of Capital (or other Capital Source) |
|
|
— |
|
|
|
0.0 |
% |
|
|
— |
|
|
|
0.0 |
% |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Total Distribution |
|
$ |
0.070 |
|
|
|
100.0 |
% |
|
$ |
0.140 |
|
|
|
100.0 |
% |
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|
|
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|
|
|
|
|
|
| (1) |
Fiscal year started November 1, 2024. |
|
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|
|
| As of November 29, 2024 |
|
|
|
|
| Average annual total return on NAV for the 5 years |
|
|
8.24 |
% |
| Annualized current distribution rate as a percentage of NAV |
|
|
6.02 |
% |
| Cumulative total return on NAV for the fiscal year |
|
|
9.65 |
% |
| Cumulative fiscal year distributions as a percentage of NAV |
|
|
0.50 |
% |
You should not draw any conclusions about the Fund’s investment performance from the amount of these
distributions or from the terms of the Fund’s managed distribution plan.
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 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.
10 South Wacker Drive
• Suite 1900 • Chicago IL 60606
Section 19(a) Notice
CHICAGO, February 10, 2025 – Duff & Phelps Utility and Infrastructure Fund Inc. (NYSE: DPG)
declared a distribution of $0.07 per share to shareholders of record at the close of business on January 31, 2025 (ex-date January 31, 2025).
The following table sets forth the estimated amounts of the Fund’s January 2025 monthly distribution and its sources, payable
February 10, 2025, together with the cumulative distributions paid from the first day of the fiscal year. All amounts are expressed per share of common stock based on U.S. generally accepted accounting principles which may differ from federal
income tax regulations.
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| Distribution Estimates |
|
January 2025 (MTD) |
|
|
Fiscal Year-to-Date (YTD)(1) |
|
| (Sources) |
|
Per Share
Amount |
|
|
Percentage
of Current
Distribution |
|
|
Per Share
Amount |
|
|
Percentage
of Current
Distribution |
|
| Net Investment Income |
|
$ |
— |
|
|
|
0.0 |
% |
|
$ |
0.037 |
|
|
|
17.6 |
% |
| Net Realized Short-Term Capital Gains |
|
|
0.022 |
|
|
|
32.0 |
% |
|
|
0.080 |
|
|
|
38.3 |
% |
| Net Realized Long-Term Capital Gains |
|
|
0.048 |
|
|
|
68.0 |
% |
|
|
0.093 |
|
|
|
44.1 |
% |
| Return of Capital (or other Capital Source) |
|
|
— |
|
|
|
0.0 |
% |
|
|
— |
|
|
|
0.0 |
% |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Total Distribution |
|
$ |
0.070 |
|
|
|
100.0 |
% |
|
$ |
0.210 |
|
|
|
100.0 |
% |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| (1) |
Fiscal year started November 1, 2024. |
|
|
|
|
|
| As of December 31, 2024 |
|
|
|
|
| Average annual total return on NAV for the 5 years |
|
|
4.81 |
% |
| Annualized current distribution rate as a percentage of NAV |
|
|
6.62 |
% |
| Cumulative total return on NAV for the fiscal year |
|
|
0.16 |
% |
| Cumulative fiscal year distributions as a percentage of NAV |
|
|
1.10 |
% |
You should not draw any conclusions about the Fund’s investment performance from the amount of these
distributions or from the terms of the Fund’s managed distribution plan.
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 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.
10 South Wacker Drive
• Suite 1900 • Chicago IL 60606
Section 19(a) Notice
CHICAGO, March 10, 2025 – Duff & Phelps Utility and Infrastructure Fund Inc. (NYSE: DPG)
declared a distribution of $0.07 per share to shareholders of record at the close of business on February 28, 2025 (ex-date February 28, 2025).
The following table sets forth the estimated amounts of the Fund’s February 2025 monthly distribution and its sources, payable
March 10, 2025, together with the cumulative distributions paid from the first day of the Fund’s fiscal year. All amounts are expressed per share of common stock based on U.S. generally accepted accounting principles which may differ from
federal income tax regulations.
|
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|
|
|
|
|
|
|
|
|
|
| Distribution Estimates |
|
February 2025 (MTD) |
|
|
Fiscal Year-to-Date (YTD)(1) |
|
| (Sources) |
|
Per Share
Amount |
|
|
Percentage
of Current
Distribution |
|
|
Per Share
Amount |
|
|
Percentage
of Current
Distribution |
|
| Net Investment Income |
|
$ |
— |
|
|
|
0.0 |
% |
|
$ |
0.037 |
|
|
|
13.2 |
% |
| Net Realized Short-Term Capital Gains |
|
|
0.021 |
|
|
|
30.0 |
% |
|
|
0.101 |
|
|
|
36.2 |
% |
| Net Realized Long-Term Capital Gains |
|
|
0.049 |
|
|
|
70.0 |
% |
|
|
0.142 |
|
|
|
50.6 |
% |
| Return of Capital (or other Capital Source) |
|
|
— |
|
|
|
0.0 |
% |
|
|
— |
|
|
|
0.0 |
% |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Total Distribution |
|
$ |
0.070 |
|
|
|
100.0 |
% |
|
$ |
0.280 |
|
|
|
100.0 |
% |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| (1) |
Fiscal year started November 1, 2024. |
|
|
|
|
|
| As of January 31, 2025 |
|
|
|
|
| Average annual total return on NAV for the 5 years |
|
|
4.79 |
% |
| Annualized current distribution rate as a percentage of NAV |
|
|
6.57 |
% |
| Cumulative total return on NAV for the fiscal year |
|
|
1.50 |
% |
| Cumulative fiscal year distributions as a percentage of NAV |
|
|
1.64 |
% |
You should not draw any conclusions about the Fund’s investment performance from the amount of these
distributions or from the terms of the Fund’s managed distribution plan.
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.
10 South Wacker Drive
• Suite 1900 • Chicago IL 60606
Duff & Phelps Utility and Infrastructure Fund Inc.
Section 19(a) Notice
CHICAGO, April 10, 2025 – Duff & Phelps Utility and Infrastructure Fund Inc. (NYSE: DPG)
declared a distribution of $0.07 per share to shareholders of record at the close of business on March 31, 2025 (ex-date March 31, 2025).
The following table sets forth the estimated amounts of the Fund’s March 2025 monthly distribution and its sources, payable
April 10, 2025, together with the cumulative distributions paid from the first day of the Fund’s fiscal year. All amounts are expressed per share of common stock based on U.S. generally accepted accounting principles which may differ from
federal income tax regulations.
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Distribution Estimates |
|
March 2025 (MTD) |
|
|
Fiscal Year-to-Date (YTD)(1) |
|
| (Sources) |
|
Per Share
Amount |
|
|
Percentage
of Current
Distribution |
|
|
Per Share
Amount |
|
|
Percentage
of Current
Distribution |
|
| Net Investment Income |
|
$ |
0.000 |
|
|
|
0.0 |
% |
|
$ |
0.037 |
|
|
|
10.6 |
% |
| Net Realized Short-Term Capital Gains |
|
|
0.018 |
|
|
|
25.9 |
% |
|
|
0.119 |
|
|
|
34.1 |
% |
| Net Realized Long-Term Capital Gains |
|
|
0.052 |
|
|
|
74.1 |
% |
|
|
0.194 |
|
|
|
55.3 |
% |
| Return of Capital (or other Capital Source) |
|
|
0.000 |
|
|
|
0.0 |
% |
|
|
0.000 |
|
|
|
0.0 |
% |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Total Distribution per common share |
|
$ |
0.070 |
|
|
|
100.0 |
% |
|
$ |
0.350 |
|
|
|
100.0 |
% |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| (1) |
Fiscal year started November 1, 2024. |
|
|
|
|
|
| As of February 28, 2025 |
|
|
|
|
| Average annual total return on NAV for the 5 years |
|
|
8.17 |
% |
| Annualized current distribution rate as a percentage of NAV |
|
|
6.31 |
% |
| Cumulative total return on NAV for the fiscal year |
|
|
6.27 |
% |
| Cumulative fiscal year distributions as a percentage of NAV |
|
|
2.10 |
% |
You should not draw any conclusions about the Fund’s investment performance from the amount of these
distributions or from the terms of the Fund’s managed distribution plan.
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.
