Duff & Phelps Global Utility Incm Fd Inc (DPG) Position Boosted by Advisors Asset Management Inc.
Advisors Asset Management Inc. boosted its position in shares of Duff & Phelps Global Utility Incm Fd Inc (NYSE:DPG) by 10.1% during the second quarter, Holdings Channel reports. The fund owned 515,661 shares of the investment management company’s stock after buying an additional 47,102 shares during the period. Advisors Asset Management Inc.’s holdings in Duff & Phelps Global Utilitym Fd were worth $8,560,000 at the end of the most recent reporting period.
Separately, SignalPoint Asset Management LLC raised its position in Duff & Phelps Global Utilitym Fd by 0.3% in the second quarter. SignalPoint Asset Management LLC now owns 13,729 shares of the investment management company’s stock worth $228,000 after buying an additional 36 shares during the last quarter.
Duff & Phelps Global Utility Incm Fd Inc (DPG) opened at 16.27 on Tuesday. Duff & Phelps Global Utility Incm Fd Inc has a 52-week low of $14.32 and a 52-week high of $17.60. The company’s 50 day moving average is $16.64 and its 200-day moving average is $16.60.
The firm also recently declared a quarterly dividend, which will be paid on Friday, September 29th. Investors of record on Friday, September 15th will be paid a $0.35 dividend. The ex-dividend date is Thursday, September 14th. This represents a $1.40 annualized dividend and a dividend yield of 8.60%.
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About Duff & Phelps Global Utilitym Fd
Duff & Phelps Global Utility Income Fund Inc 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.
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