Notice by Closed-end Investment Companies of Intention to Call or Redeem Their Own Securities (n-23c-2)
June 12 2023 - 11:32AM
Edgar (US Regulatory)
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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Rule 23c-2 Notice of Intention to
Redeem Securities
of
-
DUFF & PHELPS UTILITY AND
INFRASTRUCTURE FUND INC.
200 South Wacker Drive
Suite 500
Chicago, Illinois 60606
under the
Investment Company Act
of 1940
Investment Company Act File No. 811-22533
The undersigned registered closed-end investment company hereby notifies the Securities and Exchange Commission (the
Commission) that it intends to redeem securities of which it is the issuer, as set forth below in accordance with the requirements of Rule 23c-2 under the Investment Company Act of 1940 (the
Act).
(1) |
Title of the class of securities of Duff & Phelps Utility and Infrastructure Fund Inc. (the
Fund) to be redeemed: |
Floating Rate Mandatory Redeemable Preferred Shares, Series C, par value $0.001 per
share, liquidation preference $25.00 per share (CUSIP No. 26433C4#9) (the Series C MRP Shares).
(2) |
Date on which the securities are to be called or redeemed: |
July 14, 2023
(3) |
Applicable provisions of the governing instrument pursuant to which the securities are to be redeemed:
|
The Series C MRP Shares are to be redeemed pursuant to paragraph Section 3(a) of the Articles Supplementary, as
amended March 30, 2023 (the Articles Supplementary).
(4) |
The number of shares to be redeemed and the basis upon which the shares to be redeemed are to be selected:
|
The Fund intends to redeem 200,000 (the Called Shares) of the 1,600,000 issued and outstanding Series C
MRP Shares. The Called Shares will be
redeemed pro rata from the Holders (as defined in the Articles Supplementary) of Series C MRP Shares in proportion to the number of Series C MRP Shares held by such Holders.
SIGNATURE
Pursuant to the requirement of Rule 23c-2 under the Investment Company Act of 1940, the Fund has duly
caused this Notice of Intention to Redeem Securities to be signed on its behalf by the undersigned on this 12th day of June, 2023.
|
|
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DUFF & PHELPS UTILITY AND
INFRASTRUCTURE FUND INC. |
|
|
By: |
|
/s/ Daniel J. Petrisko |
|
|
Name: Daniel J. Petrisko |
|
|
Title: Executive Vice President |
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