Duff & Phelps Utility and Infrastructure Fund Inc.

Frequently Asked Questions About DPG

What does DPG invest in?

Duff & Phelps Utility and Infrastructure Fund Inc is a closed-ended equity mutual fund launched by Virtus Investment Partners, Inc. The fund is managed by Duff & Phelps Investment Management Co. It invests in the public equity markets across the globe. The fund seeks to invest in the companies operating in utility sector. It invests in stocks of companies across diversified market capitalizations. The fund was formerly known as Duff & Phelps Global Utility Income Fund Inc. Duff & Phelps Utility and Infrastructure Fund Inc. was formed on July 29, 2011 and is domiciled in the United States.

What is the expense ratio of DPG?

Duff & Phelps Utility and Infrastructure Fund Inc. (DPG) charges an expense ratio of 3.34%. This is the annual fee deducted from fund assets to cover management and operations.

How big is DPG?

Duff & Phelps Utility and Infrastructure Fund Inc. (DPG) has a market value of $496.8M: its share price times its shares outstanding. A closed-end fund trades above or below its net asset value, so its net assets differ from this figure. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is DPG actively managed or an index fund?

DPG is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (DPG's is 3.34%) in exchange for the discretion to over- or under-weight positions.

When was DPG launched?

Duff & Phelps Utility and Infrastructure Fund Inc. (DPG) launched in August 2011 and is managed by the fund issuer.

How has DPG performed?

DPG's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.