DNP Select Income Fund completed the merger with Duff & Phelps Utility and Corporate Bond Trust.

DNP Select Income Fund, a closed-end diversified investment management company, completed the merger with Duff & Phelps Utility and Corporate Bond Trust, a closed-end diversified investment management company. Financial terms were not disclosed. This transaction was previously announced on November 23, 2020. DUC shareholders approved the merger on February 22, 2021.