Funds Ask SEC for Monthly Capital Gains Payouts
Published Date: 6/5/2026
Notice
Summary
DNP Select Income Fund and several other investment companies want permission to pay out long-term capital gains more often—up to 12 times a year instead of just once or twice. This change could mean more frequent income for investors in these funds, starting after the SEC reviews and approves the request. If you’re interested, you have until June 29, 2026, to ask for a hearing or share your thoughts.
Analyzed Economic Effects
1 provisions identified: 1 benefits, 0 costs, 0 mixed.
More Frequent capital-gain payouts
Several registered closed-end investment companies, including DNP Select Income Fund Inc. and several Virtus and Duff & Phelps funds, asked the SEC for permission to pay long-term capital gains as often as 12 times in any one taxable year for common stock, and as often as specified by the terms of any preferred stock. The application was filed March 11, 2026 and amended May 13, 2026; if the SEC issues the requested order, these funds could begin making more frequent capital-gains distributions.
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Key Dates
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