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Proc-Type: 2001,MIC-CLEAR
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<SEC-DOCUMENT>0000891092-08-001226.txt : 20080226
<SEC-HEADER>0000891092-08-001226.hdr.sgml : 20080226
<ACCEPTANCE-DATETIME>20080226161419
ACCESSION NUMBER:		0000891092-08-001226
CONFORMED SUBMISSION TYPE:	NSAR-B
PUBLIC DOCUMENT COUNT:		3
CONFORMED PERIOD OF REPORT:	20071231
FILED AS OF DATE:		20080226
DATE AS OF CHANGE:		20080226
EFFECTIVENESS DATE:		20080226

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			DNP SELECT INCOME FUND INC
		CENTRAL INDEX KEY:			0000806628
		IRS NUMBER:				363480989
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		NSAR-B
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	811-04915
		FILM NUMBER:		08643086

	BUSINESS ADDRESS:	
		STREET 1:		PO BOX 32760
		CITY:			LOUISVILLE
		STATE:			KY
		ZIP:			40232
		BUSINESS PHONE:		3123685510

	MAIL ADDRESS:	
		STREET 1:		PO BOX 32760
		CITY:			LOUISVILLE
		STATE:			KY
		ZIP:			40232

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	DUFF & PHELPS SELECTED UTILITIES INC
		DATE OF NAME CHANGE:	19910429
</SEC-HEADER>
<DOCUMENT>
<TYPE>NSAR-B
<SEQUENCE>1
<FILENAME>e30532nsarb.fil
<DESCRIPTION>ANNUAL REPORT
<TEXT>
<PAGE>      PAGE  1
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000 F000000 Y
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000 J000000 U
001 A000000 DNP SELECT INCOME FUND INC.
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002 B000000 LOUISVILLE
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008 B000001 A
008 C000001 801-14813
008 D010001 CHICAGO
008 D020001 IL
008 D030001 60603
010 A000001 J.J.B. HILLIARD, W.L. LYONS, INC.
010 B000001 801-23120
010 C010001 LOUISVILLE
010 C020001 KY
010 C030001 40202
012 A000001 BNY MELLON SHAREOWNER SERVICES
012 B000001 85-5006
012 C010001 NEW YORK
012 C020001 NY
012 C030001 10286
013 A000001 ERNST & YOUNG LLP
013 B010001 CHICAGO
013 B020001 IL
<PAGE>      PAGE  2
013 B030001 60606
015 A000001 THE BANK OF NEW YORK
015 B000001 C
015 C010001 NEW YORK
015 C020001 NY
015 C030001 10286
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020 A000001 MERRILL LYNCH & CO.
020 B000001 13-5674085
020 C000001    192
020 A000002 CITIGROUP GLOBAL MARKETS INC.
020 B000002 11-2418191
020 C000002    145
020 A000003 GOLDMAN SACHS GROUP INC.
020 B000003 13-5108880
020 C000003     90
020 A000004 MORGAN STANLEY GROUP INC.
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020 C000004     76
020 A000005 STIFEL NICOLAUS & CO., INC.
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020 B000006 56-2326000
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020 A000007 DEUTSCHE BANK SECURITIES CORP.
020 B000007 13-2730828
020 C000007     30
020 A000008 REDIPLUS
020 B000008 13-5515160
020 C000008     26
020 A000009 FRIEDMAN, BILLINGS, RAMSEY & CO. INC.
020 B000009 205164223
020 C000009     24
020 A000010 UBS SECURITIES INC.
020 B000010 13-2932996
020 C000010     21
021  000000      765
022 A000001 UBS SECURITIES INC.
022 B000001 13-2932996
022 C000001    147144
022 D000001     20047
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022 B000002 43-0538770
022 C000002     46622
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022 A000003 GENERAL ELECTRIC CAPITAL CORP.
022 B000003 13-1500700
<PAGE>      PAGE  3
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022 A000004 BANK OF AMERICA SECURITIES LLC.
022 B000004 56-2058405
022 C000004     35077
022 D000004      6371
022 A000005 J.P. MORGAN CHASE SECURITIES
022 B000005 13-3379014
022 C000005     26058
022 D000005      4001
022 A000006 ABN AMRO SECURITIES INC.
022 C000006      7718
022 D000006     18329
022 A000007 MERRILL LYNCH & CO. INC.
022 B000007 13-5674085
022 C000007      7590
022 D000007     10533
022 A000008 LEHMAN BROTHERS HOLDINGS INC.
022 B000008 13-2518466
022 C000008     12590
022 D000008         0
022 A000009 WACHOVIA SECURITIES INC.
022 B000009 56-2326000
022 C000009      8750
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022 A000010 CITIGROUP GLOBAL MARKETS INC.
022 B000010 11-2418191
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<PAGE>      PAGE  4
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<PAGE>      PAGE  5
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077 J000000 N
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080 A000000 ACE AMERICAN INSURANCE COMPANY
080 B000000 HARTFORD INSURANCE CO.
080 C000000    35000
081 A000000 Y
081 B000000  88
082 A000000 N
082 B000000        0
083 A000000 N
083 B000000        0
084 A000000 N
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SIGNATURE   DIANNA P WENGLER
TITLE       ASST SECRETARY

</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.77B
<SEQUENCE>2
<FILENAME>e30532ex99_77b.txt
<DESCRIPTION>ACCOUNTANT'S REPORT ON INTERNAL CONTROL
<TEXT>

                                                                  Exhibit 99.77B

             Report of Independent Registered Public Accounting Firm

To the Shareholders and
Board of Directors of the DNP Select Income Fund Inc.

In planning and  performing  our audit of the  financial  statements  of the DNP
Select Income Fund Inc.  (the "Fund") as of and for the year ended  December 31,
2007,  in  accordance  with  the  standards  of the  Public  Company  Accounting
Oversight Board (United States),  we considered the Fund's internal control over
financial reporting, including controls over safeguarding securities, as a basis
for designing our auditing  procedures for the purpose of expressing our opinion
on the financial  statements and to comply with the  requirements of Form N-SAR,
but not for the purpose of  expressing  an opinion on the  effectiveness  of the
Fund's internal  control over financial  reporting.  Accordingly,  we express no
such opinion.

The  management of the Fund is  responsible  for  establishing  and  maintaining
effective  internal  control  over  financial  reporting.   In  fulfilling  this
responsibility, estimates and judgments by management are required to assess the
expected  benefits and related costs of controls.  A company's  internal control
over financial  reporting is a process designed to provide reasonable  assurance
regarding  the  reliability  of  financial  reporting  and  the  preparation  of
financial statements for external purposes in accordance with generally accepted
accounting  principles.  A company's  internal control over financial  reporting
includes those policies and  procedures  that (1) pertain to the  maintenance of
records  that,  in  reasonable   detail,   accurately  and  fairly  reflect  the
transactions  and  dispositions  of the  assets  of  the  company;  (2)  provide
reasonable  assurance  that  transactions  are  recorded as  necessary to permit
preparation  of financial  statements  in  accordance  with  generally  accepted
accounting  principles,  and that receipts and  expenditures  of the company are
being made only in accordance with authorizations of management and directors of
the company; and (3) provide reasonable assurance regarding prevention or timely
detection of unauthorized acquisition,  use or disposition of a company's assets
that could have a material effect on the financial statements.

Because of its inherent  limitations,  internal control over financial reporting
may not prevent or detect misstatements.  Also, projections of any evaluation of
effectiveness to future periods are subject to the risk that controls may become
inadequate  because of changes in  conditions,  or that the degree of compliance
with the policies or procedures may deteriorate.

A deficiency in internal control over financial reporting exists when the design
or operation of a control does not allow management or employees,  in the normal
course  of  performing   their   assigned   functions,   to  prevent  or  detect
misstatements  on a timely  basis.  A material  weakness is a  deficiency,  or a
combination of deficiencies,  in internal control over financial reporting, such
that  there is a  reasonable  possibility  that a material  misstatement  of the
company's  annual or  interim  financial  statements  will not be  prevented  or
detected on a timely basis.


<PAGE>

Our  consideration of the Fund's internal  control over financial  reporting was
for  the  limited  purpose  described  in the  first  paragraph  and  would  not
necessarily disclose all deficiencies in internal control that might be material
weaknesses  under  standards   established  by  the  Public  Company  Accounting
Oversight Board (United States). However, we noted no deficiencies in the Fund's
internal control over financial reporting and its operation,  including controls
over  safeguarding  securities,  that we consider  to be a material  weakness as
defined above as of December 31, 2007.

This report is intended solely for the information and use of management and the
Board of Directors of the Fund and the Securities and Exchange Commission and is
not intended to be and should not be used by anyone  other than these  specified
parties.

                                                     /s/Ernst & Young LLP

Chicago, Illinois
February 15, 2008
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.77Q2
<SEQUENCE>3
<FILENAME>e30532ex99_77q2.txt
<DESCRIPTION>BENEFICIAL OWNERSHIP REPORTING COMPLIANCE
<TEXT>

                                                                 EXHIBIT 99.77Q2

SUB - ITEM 77Q2.

Section 16(a) Beneficial Ownership Reporting Compliance

Based solely on a review of the copies of Section 16(a) forms furnished to the
Fund, or written representations that no Forms 5 were required, the Fund
believes that during 2007 all Section 16(a) filing requirements applicable to
its officers, directors and greater than 10% beneficial owners were complied
with.
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----
