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 *
LAMPTON NANCY
  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)
__X__ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last)
(First)
(Middle)
C/O DUFF & PHELPS INVESTMENT MANAGEMENT, 200 S WACKER DR, STE 500
3. Date of Earliest Transaction (Month/Day/Year)
09/21/2012
(Street)

CHICAGO, IL 60606
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
Common stock 09/21/2012   X   981 A $ 9.57 8,832 D  
Common stock 09/21/2012   X   7,625 A $ 9.57 28,625 I By Hardscuffle, Inc. (1)
Common stock               47,500 I By American Life & Accident Ins. Co. of Kentucky (2)

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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 V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Subscription Rights (right to buy) $ 1.1963 (3) 09/21/2012   X     7,848 08/23/2012 09/21/2012 Common stock 981 $ 0 0 D  
Subscription Rights (right to buy) $ 1.1963 (3) 09/21/2012   X     61,000 08/23/2012 09/21/2012 Common stock 7,625 $ 0 0 I By Hardscuffle, Inc. (1)

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
LAMPTON NANCY
C/O DUFF & PHELPS INVESTMENT MANAGEMENT
200 S WACKER DR, STE 500
CHICAGO, IL 60606
  X      

Signatures

 T. Brooks Beittel, Attorney-in-fact   09/25/2012
**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) The reporting person is the Chairman and Chief Executive Officer and a shareholder of Hardscuffle, Inc., and as such may be deemed to share voting and investment power over any shares of common stock of the issuer that are owned by Hardscuffle, Inc. or to have a "pecuniary interest" in them as defined in Rule 16a-1(a)(2). However, the reporting person disclaims beneficial ownership of such shares.
(2) The reporting person is the Chairman and Chief Executive Officer of American Life and Accident Insurance Company of Kentucky ("American Life") and a shareholder of its parent company, Hardscuffle, Inc., and as such may be deemed to share voting and investment power of any shares of common stock of the issuer that are owned by American Life or to have a "pecuniary interest" in them as defined in Rule 16a-1(a)(2). However, the reporting person disclaims beneficial ownership of such shares.
(3) The subscription rights entitle the holder to purchase one new share of common stock for every eight rights held.

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