DNP Select Income Fund notes mature in July 2026

MetLife Investment Management, LLC, a 10% owner of DNP Select Income Fund Inc., reported indirect dispositions of an aggregate 80,100,000 principal amount of 3.00% Series B Senior Secured Notes due July 22, 2026.

Rhea-AI Filing Summary

MetLife Investment Management, LLC, a 10% owner of DNP Select Income Fund Inc., reported indirect dispositions of an aggregate 80,100,000 principal amount of 3.00% Series B Senior Secured Notes due July 22, 2026. The notes matured on July 22, 2026, when the issuer agreed to repay the original principal plus accrued and unpaid interest. The notes were held directly by MetLife-managed clients, and MetLife Investment Management disclaims beneficial ownership except to the extent of its pecuniary interest.

Insider Trade Summary

Other: 80,100,000 shares

Other 5 txns

Insider MetLife Investment Management, LLC

Role 10% Owner

Type	Security	Shares	Price	Value
Other	3.00% Series B Senior Secured Notes Due July 22, 2026 F1, F2, F3	40,600,000	--	--
Other	3.00% Series B Senior Secured Notes Due July 22, 2026 F1, F2, F3	32,400,000	--	--
Other	3.00% Series B Senior Secured Notes Due July 22, 2026 F1, F2, F3	1,700,000	--	--
Other	3.00% Series B Senior Secured Notes Due July 22, 2026 F1, F2, F3	3,100,000	--	--
Other	3.00% Series B Senior Secured Notes Due July 22, 2026 F1, F2, F3	2,300,000	--	--

Holdings After Transaction: 3.00% Series B Senior Secured Notes Due July 22, 2026 — 0 shares (Indirect, See Footnotes)

Footnotes (3)

1. F1. These 3.00% Series B Senior Secured Notes Due July 22, 2026 ("Series B Senior Secured Notes") matured on July 22, 2026, on which date the Issuer agreed to repay the original principal amount, plus accrued and unpaid interest, which interest is exempt from Section 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), pursuant to Rule 16a-9 thereunder.
2. F2. These Series B Senior Secured Notes were held directly by clients for whom the Reporting Person serves as investment manager.
3. F3. The Reporting Person disclaims beneficial ownership of the securities reported herein, except to the extent of its pecuniary interest therein, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities for purposes of Section 16 of the Exchange Act or for any other purpose.

Key Figures

Coupon Rate: 3.00% Maturity Date: July 22, 2026 Aggregate Principal Amount: 80,100,000 +2 more

5 metrics

Coupon Rate 3.00% Interest rate on Series B Senior Secured Notes

Maturity Date July 22, 2026 Maturity of 3.00% Series B Senior Secured Notes

Aggregate Principal Amount 80,100,000 Total principal amount of notes involved in restructuring transactions

Largest Single Transaction Amount 40,600,000 Principal amount in the largest individual disposition of notes

Restructuring Transactions 5 Number of J-code restructuring dispositions reported for the notes

Key Terms

Series B Senior Secured Notes, matured, accrued and unpaid interest, beneficial ownership, +2 more

6 terms

Series B Senior Secured Notes financial

"These 3.00% Series B Senior Secured Notes Due July 22, 2026"

matured financial

"Series B Senior Secured Notes" matured on July 22, 2026"

accrued and unpaid interest financial

"repay the original principal amount, plus accrued and unpaid interest"

Accrued and unpaid interest is the interest that has built up on a loan or debt but hasn't been paid yet. It's like owing your friend money for a favor over time—you're expected to pay it later, even though you haven't paid it yet. This matters because it shows how much you owe beyond the original amount borrowed.

beneficial ownership regulatory

"The Reporting Person disclaims beneficial ownership of the securities"

Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.

pecuniary interest financial

"except to the extent of its pecuniary interest therein"

Rule 16a-9 regulatory

"interest is exempt from Section 16 of the Exchange Act pursuant to Rule 16a-9"

FAQ

What did MetLife Investment Management report in its Form 4 for DNP?

MetLife Investment Management reported indirect dispositions of an aggregate 80,100,000 principal amount of DNP’s 3.00% Series B Senior Secured Notes in connection with their July 22, 2026 maturity, when the issuer agreed to repay principal plus accrued interest.

Which DNP security is involved in MetLife Investment Management’s Form 4?

The filing concerns DNP’s 3.00% Series B Senior Secured Notes due July 22, 2026. These debt securities matured on July 22, 2026, triggering repayment of the original principal amount plus accrued and unpaid interest to the noteholders.

How large was the DNP notes position reported by MetLife Investment Management?

The Form 4 reports dispositions tied to a total of 80,100,000 principal amount of DNP’s 3.00% Series B Senior Secured Notes. This aggregate reflects multiple restructuring transactions linked to the maturity of the notes on July 22, 2026.

Were the DNP notes held directly by MetLife Investment Management?

The notes were held directly by clients for whom MetLife Investment Management serves as investment manager. MetLife Investment Management disclaims beneficial ownership of the reported securities, except for any pecuniary interest it may have.

What does the Form 4 say about interest on DNP’s Series B Senior Secured Notes?

Upon maturity, the issuer agreed to repay principal plus accrued and unpaid interest on the Series B Senior Secured Notes. The filing notes that this interest is exempt from Section 16 reporting under Rule 16a-9 of the Exchange Act.

Is MetLife Investment Management considered a 10% owner of DNP in this filing?

Yes. The reporting information identifies MetLife Investment Management, LLC as a ten percent owner of DNP Select Income Fund Inc., prompting Section 16 reporting of the indirect note dispositions at maturity of the Series B Senior Secured Notes.

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Available on EDGAR 07/24/2026 - 05:54 PM Accepted by SEC EDGAR 07/24/2026 - 05:54 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

MetLife Investment Management, LLC

(Last) (First) (Middle)

ONE METLIFE WAY

(Street)

WHIPPANY NEW JERSEY 07981

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
DNP SELECT INCOME FUND INC [ DNP ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/22/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
3.00% Series B Senior Secured Notes Due July 22, 2026	07/22/2026		J(1)		40,600,000	D	(1)	0	I(2)(3)	See Footnotes(2)(3)
3.00% Series B Senior Secured Notes Due July 22, 2026	07/22/2026		J(1)		32,400,000	D	(1)	0	I(2)(3)	See Footnotes(2)(3)
3.00% Series B Senior Secured Notes Due July 22, 2026	07/22/2026		J(1)		1,700,000	D	(1)	0	I(2)(3)	See Footnotes(2)(3)
3.00% Series B Senior Secured Notes Due July 22, 2026	07/22/2026		J(1)		3,100,000	D	(1)	0	I(2)(3)	See Footnotes(2)(3)
3.00% Series B Senior Secured Notes Due July 22, 2026	07/22/2026		J(1)		2,300,000	D	(1)	0	I(2)(3)	See Footnotes(2)(3)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. These 3.00% Series B Senior Secured Notes Due July 22, 2026 ("Series B Senior Secured Notes") matured on July 22, 2026, on which date the Issuer agreed to repay the original principal amount, plus accrued and unpaid interest, which interest is exempt from Section 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), pursuant to Rule 16a-9 thereunder.

2. These Series B Senior Secured Notes were held directly by clients for whom the Reporting Person serves as investment manager.

3. The Reporting Person disclaims beneficial ownership of the securities reported herein, except to the extent of its pecuniary interest therein, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities for purposes of Section 16 of the Exchange Act or for any other purpose.

	/s/ Israel Grafstein, Chief Compliance Officer of MetLife Investment Management, LLC	07/24/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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* Form 4: SEC 1474 (03-26)