The Duff & Phelps Select MLP and Midstream Energy Fund Inc. announced that it will defer the declaration or payment of a quarterly distribution until further notice. The fund's Board of Directors decided in March that the fund should neither declare nor pay a dividend for the second quarter pending a vote at a July 23 meeting of shareholders on a proposal to liquidate and dissolve the fund. After the liquidation proposal failed to achieve the requisite majority vote, management determined that, due to the decline in the fund's assets as a result of recent market volatility, it is in the best interest of shareholders that the fund not pay a quarterly distribution until it can maintain a sustainable level of net assets.