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 does Duff & Phelps Utility and Infrastructure Fund Inc. (DPG) do?
Duff & Phelps Utility and Infrastructure Fund Inc. (DPG) is a closed-ended equity mutual fund that focuses on investing in the utility sector. The fund is managed by Duff & Phelps Investment Management Co., a subsidiary of Virtus Investment Partners, Inc. It invests in public equity markets across the globe, targeting stocks of companies operating in the utility industry across diversified market capitalizations. The fund's investment objective is to provide current income and capital appreciation by investing primarily in utility and infrastructure companies. It was formerly known as Duff & Phelps Global Utility Income Fund Inc. and was formed on July 29, 2011.
Where is Duff & Phelps Utility and Infrastructure Fund Inc. (DPG) listed and in which currency?
Duff & Phelps Utility and Infrastructure Fund Inc. (DPG) is listed on the New York Stock Exchange (NYSE) under the ticker symbol DPG. The fund trades in U.S. dollars (USD), reflecting its primary market and domicile in the United States. As a closed-end fund listed on a major U.S. exchange, investors can buy and sell shares through brokerage accounts, and the fund's net asset value (NAV) is calculated in USD. The fund's currency and exchange listing make it accessible to both domestic and international investors seeking exposure to utility and infrastructure equities.
What sector and industry does Duff & Phelps Utility and Infrastructure Fund Inc. (DPG) belong to?
Duff & Phelps Utility and Infrastructure Fund Inc. (DPG) operates in the Financial Services sector, specifically within the Asset Management industry. As a closed-ended equity mutual fund, its primary business is managing a portfolio of securities, with a focus on utility and infrastructure companies. The fund's classification as an asset manager means it generates revenue through management fees and potentially performance fees based on the assets under management. Despite investing in utility stocks, the fund itself is categorized under financial services because its core activity is investment management rather than direct utility operations.
Where is Duff & Phelps Utility and Infrastructure Fund Inc. (DPG) headquartered and what markets does it serve?
Duff & Phelps Utility and Infrastructure Fund Inc. (DPG) is domiciled in the United States, with its operations based in the country. The fund is managed by Duff & Phelps Investment Management Co., which is part of Virtus Investment Partners, Inc., a U.S.-based asset management firm. While the fund is U.S.-domiciled and listed on the NYSE, it invests globally in public equity markets across the world, focusing on utility and infrastructure companies. This global investment approach allows the fund to serve investors seeking diversified exposure to utility sectors in various regions, though its primary market is the United States.