On July 28, 2014, the Board of Directors of each of DNP Select Income Fund Inc., Duff & Phelps Global Utility Income Fund Inc., Duff & Phelps Utility and Corporate Bond Trust Inc., and DTF Tax-Free Income Inc., elected Donald C. Burke to fill the vacancy created by the retirement of independent director Nancy Lampton. Mr. Burke currently serves as an independent director of Avista Corp. Mr. Burke previously served as trustee for the Goldman Sachs mutual fund complex.