Detail akcie Duff & Phelps online

Business Summary: Duff & Phelps Utility and Infrastructure Fund Inc. (the Fund) is a non-diversified closed-end management investment company. The Fund's investment objective is to seek total return, resulting primarily from a high level of current income, with an emphasis on providing tax-advantaged dividend income, and growth in current income, and secondarily from capital appreciation. The Fund seeks to achieve its investment objective by investing primarily in equities of domestic and foreign utilities and infrastructure providers. Under normal market conditions, the Fund may invest at least 80% of its total assets in dividend-paying equity securities of companies in the utility industry and the infrastructure industry. The Fund invests in various sectors, including electric, gas, water, telecommunications, and midstream energy. The Fund’s investment adviser is Duff & Phelps Investment Management Co.
Financial Summary: BRIEF: For the fiscal year ended 31 October 2023, Duff & Phelps Utlty and Infrstct Fnd Inc revenues decreased 4% to $16.6M. Net loss increased from $12.6M to $38.4M. Revenues reflect return of capital distributions decrease of 8% to -$9.5M. Higher net loss reflects Net realized gain (loss) on investments decrease from $18.4M (income) to $23.2M (expense), Net realized gain (loss) on written decrease of 28% to $822K (income).