| Business Summary | | Duff
&
Phelps
Utilities
Income
Inc.
is
a
closed-end
diversified
management
investment
company
registered
under
the
Investment
Company
Act
of
1940.
The
primary
investment
objectives
of
the
Fund
are
current
income
and
long-term
growth
of
income.
Capital
appreciation
is
a
secondary
objective.
For
the
six
months
ended
June
30,
2000,
purchases
and
sales
of
investment
securities
(excluding
short-term
securities)
were
$2.92
billion
and
$2.91
billion,
respectively. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Duff
and
Phelps
Utilities
Income,
Inc.
is
a
closed-end
diversified
management
investment
company
investing
in
equity
and
debt
securities
of
various
utilities.
The
primary
objectives
are
current
income
and
long-term
growth
of
income.
For
the
six
months
ended
6/30/01,
investment
income
totaled
$110
million.
Net
investment
income
totaled
$92.6
million.
Net
decrease
in
net
assets
totaled
$53.1
million.
Net
asset
value
per
share
totaled
$9.82. | More
from
Market Guide: Significant
Developments |
| | |
| Position | Claire Hansen, 74 | Chairman,
Pres, CEO | Nathan Partain, 43 | Exec.
VP, CIO and Assistant Sec. | Michael Schatt, 52 | Sr.
VP | Joseph Curry, Jr., 55 | VP | T. Brooks Beittel, 50 | Sec.,
Treasurer and Sr. VP |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|