Edgar Filing: DNP SELECT INCOME FUND INC

Ownership Submission

FORM 4

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

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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(Print or Type Responses)

1. Name and Address of Reporting Person ^*

AMERICAN GENERAL LIFE INSURANCE CO

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	_____ 10% Owner
_____ Officer (give title below)	__X__ Other (specify below)
See Remarks

(Last)

(First)

(Middle)

2727-A ALLEN PARKWAY

3. Date of Earliest Transaction (Month/Day/Year)
07/11/2016

(Street)

HOUSTON, TX 77019

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

6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

(City)

(State)

(Zip)

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
Floating Rate Mandatory Redeemable Preferred Shares Series A	07/11/2016		J⁽¹⁾		10	A ⁽¹⁾	⁽¹⁾	675	D

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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 Underlying Securities
(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 of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)

11. Nature of Indirect Beneficial Ownership
(Instr. 4)

Code

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
AMERICAN GENERAL LIFE INSURANCE CO 2727-A ALLEN PARKWAY HOUSTON, TX 77019				See Remarks

Signatures

/s/ Julie Cotton-Hearne, Authorized Person		07/13/2016
^**Signature of Reporting Person		Date

Explanation of Responses:

*	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).
(1)	On July 11, 2016, United Guaranty Insurance Company ("UGC"), an indirect wholly owned subsidiary of American International Group Inc. ("AIG"), transferred 10 DNP Select Income Fund Inc. Floating Rate Mandatory Redeemable Preferred Shares, Series A and $859,375 principal amount of JIB Group Ltd. 3.93% Senior Notes Series A due October 30, 2026 to American General Life Insurance Company ("AGL"), also an indirect wholly owned subsidiary of AIG, in exchange for $2,000,000 principal amount of Express Scripts Holding Company 3.4% Senior Unsecured Bonds due March 1, 2027. A cash true-up of $1,134,650.11 is also expected to be paid by UGC to AGL.
Remarks: Filed pursuant to Section 30(h) of the Investment Company Act of 1940. The Reporting Person is informed that the referenced Floating Rate Mandatory Redeemable Preferred Shares, Series A represent, in the aggregate, in excess of 10% of this class of preferred equity securities of the Issuer.

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