Form NPORT-P - Monthly Portfolio Investments Report on Form N-PORT (Public)

DNP SELECT INCOME FUND INC.

SCHEDULE OF INVESTMENTS

July 31, 2024

(Unaudited)


Shares		Description	Value

	COMMON STOCKS & MLP INTERESTS - 111.9%

		ELECTRIC, GAS AND WATER - 74.4%
	1,650,657	Alliant Energy Corp.^(a)		$91,875,569
	1,229,716	Ameren Corp.^(a)		97,479,587
	657,210	American Electric Power Co., Inc.^(a)		64,485,445
	293,942	American Water Works Co.^(a)(b)		41,845,583
	627,315	Atmos Energy Corp.^(a)		80,221,042
	389,700	Black Hills Corp.		23,011,785
	3,548,252	CenterPoint Energy, Inc.^(a)		98,463,993
	1,406,609	CMS Energy Corp.^(a)		91,148,263
	1,238,640	Dominion Energy, Inc.^(a)		66,217,694
	591,120	DTE Energy Co.^(a)		71,247,694
	6,934,037	EDP-Energias de Portugal, S.A. (Portugal)		28,512,591
	1,530,055	Emera Inc. (Canada)		55,201,376
	5,332,200	Enel S.p.A. (Italy)		38,047,165
	575,595	Entergy Corp.^(a)		66,751,752
	1,548,410	Essential Utilities, Inc.^(a)(b)		62,942,867
	1,298,286	Evergy, Inc.^(a)		75,300,588
	482,140	Eversource Energy^(a)(b)		31,295,707
	1,138,500	FirstEnergy Corp.^(a)		47,714,535
	981,900	Fortis Inc. (Canada)		41,025,928
	3,539,400	Iberdrola, S.A. (Spain)		46,649,164
	4,377,587	National Grid plc (United Kingdom)		55,440,964
	875,590	New Jersey Resources Corp.^(a)		40,933,832
	1,243,797	NextEra Energy, Inc.^(a)(b)		95,013,653
	2,797,315	NiSource Inc.^(a)		87,416,094
	779,470	Northwest Natural Holding Co.		31,163,211
	1,870,780	OGE Energy Corp.^(a)		72,530,141
	576,000	ONE Gas, Inc.^(a)(b)		40,106,880
	2,106,700	PG&E Corp.^(a)		38,447,275
	624,930	Pinnacle West Capital Corp.^(a)		53,487,759
	1,488,861	PPL Corp.		44,248,949
	1,000,879	Public Service Enterprise Group Inc.^(a)		79,840,118
	1,329,191	Sempra Energy^(a)		106,415,031
	616,000	Severn Trent Plc. (United Kingdom)		20,342,384
	1,048,771	Southern Co.^(a)		87,593,354
	776,340	Spire Inc.^(a)(b)		51,696,481
	1,126,885	WEC Energy Group, Inc.^(a)		96,979,723
	1,686,151	Xcel Energy Inc.^(a)		98,268,880

				2,319,363,057

The accompanying note is an integral part of this financial statement.

DNP SELECT INCOME FUND INC.

SCHEDULE OF INVESTMENTS — (Continued)

July 31, 2024

(Unaudited)


Shares		Description	Value


		OIL & GAS STORAGE, TRANSPORTATION AND PRODUCTION - 22.1%
	475,000	Cheniere Energy, Inc.^(a)		$86,754,000
	958,145	Enbridge Inc. (Canada)		35,853,786
	3,650,062	Energy Transfer Equity LP		59,386,509
	1,700,000	Enterprise Products Partners LP		49,062,000
	1,000,000	Keyera Corp. (Canada)		28,195,012
	1,625,026	Kinder Morgan, Inc.^(a)		34,336,799
	75,000	Marathon Petroleum Corp.		13,276,500
	1,343,852	MPLX LP		57,543,743
	317,391	New Fortress Energy Inc.		6,265,298
	650,000	ONEOK, Inc.		54,164,500
	1,151,600	Pembina Pipeline Corp. (Canada)		44,606,838
	1,989,900	Plains All American Pipeline, LP		36,196,281
	500,000	Targa Resources Corp.		67,640,000
	1,150,000	TC Energy Corp. (Canada)^(a)(b)		48,771,500
	55,000	Valero Energy Corp.		8,894,600
	1,300,000	The Williams Companies, Inc.		55,822,000

				686,769,366


		TELECOMMUNICATIONS - 15.4%
	374,650	American Tower Corp.^(a)		82,572,860
	2,584,500	AT&T Inc.^(a)(b)		49,751,625
	1,216,375	BCE Inc. (Canada)^(a)(b)		41,028,329
	730,050	Cellnex Telecom SA (Spain)		25,421,758
	1,089,400	Comcast Corp. Class A^(a)		44,959,538
	735,895	Crown Castle Inc.^(a)(b)		81,007,322
	65,143	Equinix, Inc.^(a)		51,478,604
	2,666,500	Telus Corp. (Canada)		43,024,565
	1,339,489	Verizon Communications Inc.^(a)		54,276,094
	782,200	Vodafone Group Plc ADR (United Kingdom)		7,321,392

				480,842,087

		Total Common Stocks & MLP Interests
		(Cost $2,757,859,630)		3,486,974,510

The accompanying note is an integral part of this financial statement.

DNP SELECT INCOME FUND INC.

SCHEDULE OF INVESTMENTS — (Continued)

July 31, 2024

(Unaudited)


Par Value		Description	Value

	BONDS - 22.2%

		ELECTRIC, GAS AND WATER - 11.5%
	$6,000,000	AEP Texas Inc.
		5.40%, 6/01/33		$5,995,132
	7,000,000	Ameren Corp.
		5.70%, 12/01/26		7,121,602
	15,000,000	American Electric Power
		5 5/8%, 3/01/33		15,394,225
	18,500,000	American Water Capital Corp.
		3.40%, 3/01/25 ^(a)(b)		18,292,415
	10,000,000	American Water Capital Corp.
		5.15%, 3/01/34		10,165,010
	22,000,000	Arizona Public Service Co.
		6 7/8%, 8/01/36 ^(a)(b)		24,186,337
	10,000,000	Atlantic City Electric
		3 3/8%, 9/01/24		9,977,852
	10,000,000	Berkshire Hathaway Inc.
		8.48%, 9/15/28 ^(a)(b)		11,457,636
	9,000,000	CMS Energy Corp.
		3.45%, 8/15/27 ^(a)(b)		8,696,066
	8,000,000	Connecticut Light & Power Co.
		3.20%, 3/15/27		7,720,447
	10,000,000	DPL Capital Trust II
		8 1/8%, 9/01/31		9,400,000
	10,000,000	DTE Electric Co.
		5.10%, 3/1/29		10,095,177
	9,500,000	DTE Electric Co.
		5.85%, 6/1/34		9,894,598
	10,000,000	Duke Energy Corp.
		3.15%, 8/15/27 ^(a)(b)		9,562,748
	5,000,000	Duke Energy Ohio, Inc.
		3.65%, 2/1/29 ^(a)(b)		4,801,551
	8,000,000	Edison International
		4.70%, 8/15/25 ^(a)(b)		7,952,241
	5,600,000	Edison International
		4 1/8%, 3/15/28		5,441,247
	9,970,000	Entergy Louisiana, LLC
		4.44%, 1/15/26 ^(a)(b)		9,922,344
	7,000,000	Entergy Louisiana, LLC
		3.12%, 9/01/27 ^(a)(b)		6,704,317
	4,000,000	Entergy Texas, Inc.
		4.00%, 3/30/29		3,889,871
	4,000,000	Essential Utilities, Inc.
		3.57%, 5/01/29 ^(a)(b)		3,796,693
	10,000,000	Eversource Energy
		4 1/4%, 4/01/29		9,720,712

The accompanying note is an integral part of this financial statement.

DNP SELECT INCOME FUND INC.

SCHEDULE OF INVESTMENTS — (Continued)

July 31, 2024

(Unaudited)


Par Value		Description	Value

	$5,000,000	Florida Power & Light Co.
		5.30%, 6/15/34		$5,174,849
	18,000,000	Interstate Power & Light
		3 1/4%, 12/01/24		17,863,047
	6,000,000	Kentucky Utilities Co.
		5.45%, 4/15/33		6,204,335
	5,000,000	Nextera Energy Capital
		4.45% 6/20/25 ^(a)(b)		4,965,418
	19,000,000	NiSource Finance Corp.
		3.49%, 5/15/27 ^(a)(b)		18,358,263
	5,000,000	Ohio Power Co.
		6.60%, 2/15/33 ^(a)(b)		5,453,145
	10,000,000	Progress Energy Inc.
		7 3/4%, 3/01/31		11,485,334
	5,000,000	Public Service Electric
		3.00%, 5/15/25		4,916,498
	10,000,000	Public Service Electric
		3.00%, 5/15/27 ^(a)(b)		9,608,945
	5,000,000	Public Service New Mexico
		3.85%, 8/01/25		4,920,129
	5,000,000	Sempra Energy
		5.50%, 8/01/33		5,120,195
	6,000,000	Southern California Gas Co.
		3.15%, 9/15/24		5,986,860
	16,300,000	Southern Power Co.
		4.15%, 12/01/25 ^(a)(b)		16,136,282
	9,000,000	Southern Power Co.
		5 3/4%, 9/15/33		9,432,091
	8,500,000	Virginia Electric & Power Co.
		3 1/2%, 3/15/27 ^(a)(b)		8,268,591
	4,000,000	Virginia Electric & Power Co.
		2 7/8%, 7/15/29		3,689,769
	2,880,000	Wisconsin Energy Corp.
		3.55%, 6/15/25 ^(a)(b)		2,834,297
	9,000,000	Xcel Energy Inc.
		3.35%, 12/01/26 ^(a)(b)		8,695,462

				359,301,731

The accompanying note is an integral part of this financial statement.

DNP SELECT INCOME FUND INC.

SCHEDULE OF INVESTMENTS — (Continued)

July 31, 2024

(Unaudited)


Par Value		Description	Value


		OIL & GAS STORAGE, TRANSPORTATION AND PRODUCTION - 7.1%
	$4,000,000	Conoco Inc.
		6.95%, 4/15/29		$4,400,809
	20,000,000	Enbridge Inc. (Canada)
		4 1/4%, 12/01/26^(a)(b)		19,740,072
	5,000,000	Energy Transfer Partners
		9.00%, 11/1/24		5,032,902
	3,000,000	Energy Transfer Partners
		4.05%, 3/15/25^(a)(b)		2,974,769
	8,850,000	Energy Transfer Partners
		8 1/4%, 11/15/29^(a)(b)		10,122,022
	5,000,000	Energy Transfer Partners
		6.55%, 12/01/33		5,401,941
	7,900,000	Energy Transfer Partners
		5.80%, 6/15/38		8,033,983
	6,000,000	Enterprise Products Operating LP
		3 1/8%, 7/31/29		5,602,096
	8,000,000	Enterprise Products Operating LP
		5.35%, 1/31/33		8,274,650
	5,000,000	Kinder Morgan Energy Partners, LP
		7 3/4%, 3/15/32^(a)(b)		5,747,478
	16,000,000	Kinder Morgan Energy Partners, LP
		5.80%, 3/15/35		16,513,338
	8,000,000	MPLX LP
		4 1/4%, 12/01/27		7,846,839
	7,000,000	MPLX LP
		4.95%, 9/01/32		6,858,505
	5,000,000	MPLX LP
		5.00%, 3/01/33		4,894,794
	11,000,000	ONEOK, Inc.
		5.00%, 3/1/26^(a)(b)		11,002,458
	11,000,000	ONEOK, Inc.
		6.00%, 6/15/35		11,539,630
	7,500,000	ONEOK Partners, LP
		4.90%, 3/15/25^(a)(b)		7,472,928
	16,000,000	Phillips 66
		3.90%, 3/15/28 ^(a)(b)		15,560,064
	10,000,000	Plains All American Pipeline, LP
		4.65%, 10/15/25		9,934,766
	20,000,000	Targa Resource Partners
		6 1/2%, 7/15/27 ^(a)(b)		20,213,920
	18,500,000	Valero Energy Partners LP
		4 1/2%, 3/15/28 ^(a)(b)		18,296,731
	15,000,000	The Williams Companies, Inc.
		5.15%, 3/15/34		14,967,020

				220,431,715

The accompanying note is an integral part of this financial statement.

DNP SELECT INCOME FUND INC.

SCHEDULE OF INVESTMENTS — (Continued)

July 31, 2024

(Unaudited)


Par Value		Description	Value


		TELECOMMUNICATIONS - 3.6%
	$5,000,000	American Tower Corp.
		5.80%, 11/15/28		$5,189,377
	8,000,000	American Tower Corp.
		5.65%, 3/15/33		8,254,504
	8,000,000	AT&T Inc.
		2.30%, 6/01/27 ^(a)(b)		7,504,627
	5,900,000	Comcast Corp.
		7.05%, 3/15/33 ^(a)(b)		6,758,795
	5,000,000	Comcast Corp.
		7 1/8%, 2/15/28		5,411,679
	17,000,000	Crown Castle Inc.
		4.45%, 2/15/26 ^(a)(b)		16,843,081
	9,000,000	Digital Realty Trust, Inc.
		3.60%, 7/01/29		8,502,361
	15,000,000	Koninklijke KPN NV (Netherlands)
		8 3/8%, 10/01/30 ^(a)(b)		17,589,151
	10,000,000	Telus Corp.
		2.80% 2/16/27 ^(a)(b)		9,532,064
	15,500,000	Verizon Global Funding Corp.
		7 3/4%, 12/01/30		18,040,150
	7,500,000	Vodafone Group Plc (United Kingdom)
		7 7/8%, 2/15/30		8,642,419

				112,268,208

		Total Bonds
		(Cost $694,983,110)		692,001,654


		TOTAL INVESTMENTS - 134.1%
		(Cost $3,452,842,740)		4,178,976,164

		Secured borrowings - (24.8)%		(773,000,000	)
		Secured notes - (6.4)%		(200,000,000	)
		Mandatory Redeemable Preferred Shares at liquidation value - (4.2)%		(132,000,000	)
		Other assets less other liabilities - 1.3%		42,230,431

		NET ASSETS APPLICABLE TO COMMON STOCK - 100.0%		$3,116,206,595

The accompanying note is an integral part of this financial statement.

DNP SELECT INCOME FUND INC.

SCHEDULE OF INVESTMENTS — (Continued)

July 31, 2024

(Unaudited)

(a)	All or a portion of this security has been pledged as collateral for borrowings and made available for loan

(b)	All or a portion of this security has been loaned

The percentage shown for each investment category is the total value of that category as a percentage of the net assets applicable to common stock of the Fund.

Note 1. Investment Valuation

The Fund’s investments are carried at fair value which is defined as the price that the Fund might reasonably expect to receive upon selling an investment in a timely transaction to an independent buyer in the principal or most advantageous market of the investment. The three-tier hierarchy of inputs established to classify fair value measurements for disclosure purposes is summarized in the three broad levels listed below.

Level 1 - quoted prices in active markets for identical securities

Level 2 - other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risks, etc.)

Level 3 - significant unobservable inputs (including the Investment Adviser’s Valuation Committee’s own assumptions in determining fair value of investments)

The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in these securities. For more information about the Fund’s policy regarding valuation of investments and other significant accounting policies, please refer to the Fund’s most recent financial statements contained in its semi-annual report. The following is a summary of the inputs used to value each of the Fund’s investments at July 31, 2024:


	Level 1		Level 2
Common Stocks & MLP Interests	$	3,486,974,510		—
Bonds		—	$	692,001,654
Total	$	3,486,974,510	$	692,001,654

There were no Level 3 priced securities held and there were no transfers into or out of Level 3.

Other information regarding the Fund is available on the Fund’s website at www.dpimc.com/dnp or the Securities and Exchange Commission’s website at www.sec.gov.

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