MetLife Investment Management, LLC - Jul 14, 2023 Form 4 Insider Report for Duff & Phelps Utility & Infrastructure Fund Inc. (DPG)

Role
10%+ Owner
Signature
/s/ Israel Grafstein, Chief Compliance Officer of MetLife Investment Management, LLC
Stock symbol
DPG
Transactions as of
Jul 14, 2023
Transactions value $
$0
Form type
4
Date filed
7/18/2023, 04:30 PM
Previous filing
Jun 5, 2023
Next filing
Jul 25, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Ownership Footnotes
transaction DPG Series C Mandatory Redeemable Preferred Shares Other -78.5 K -12.5% 550 K Jul 14, 2023 See Footnotes F1, F2, F3
transaction DPG Series C Mandatory Redeemable Preferred Shares Other -17.5 K -12.5% 123 K Jul 14, 2023 See Footnotes F1, F2, F3
transaction DPG Series C Mandatory Redeemable Preferred Shares Other -74 K -12.5% 518 K Jul 14, 2023 See Footnotes F1, F2, F3
transaction DPG Series C Mandatory Redeemable Preferred Shares Other -30 K -12.5% 210 K Jul 14, 2023 See Footnotes F1, F2, F3

Explanation of Responses:

Id Content
F1 These Series C Mandatory Redeemable Preferred Shares were redeemed in part by the Issuer at their original purchase price of $25.00 per share, plus accrued and unpaid dividends, which dividends are exempt from Section 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act") pursuant to Rule 16a-9 thereunder.
F2 These Series C Mandatory Redeemable Preferred Shares are held directly by clients for whom the Reporting Person serves as investment manager.
F3 The Reporting Person disclaims beneficial ownership of the securities reported herein, except to the extent of its pecuniary interest therein, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities for purposes of Section 16 of the Exchange Act, or for any other purpose.