Duff & Phelps Utility and Corporate Bond Trust Inc. (NYSE: DUC), a closed-end fund advised by Duff & Phelps Investment Management Co., today released its updated Notice of Annual Meeting of Shareholders. This action follows its March 17th announcement of the postponement of the Fund's annual meeting of shareholders from March 24, 2020 to April 14, 2020. This decision was made by the Fund's Board of Directors to mitigate potential risks to the health and safety of its shareholders, directors and advisory and administrative personnel.

Karpus Investment Management ("Karpus") announced today that it has alerted the United States Securities and Exchange Commission of misleading statements made by Daniel J. Petrisko, the Chief Investment Officer of Duff & Phelps Utility and Corporate Bond Trust Inc. (NYSE: DUC) ("DUC"), in a February 7, 2020 letter to DUC shareholders in connection with the upcoming Annual Meeting of Shareholders (the "Annual Meeting") scheduled to be held on March 24, 2020.

Duff & Phelps Utility and Corporate Bond Trust Inc. (NYSE: DUC) (the "Fund"), a closed-end fund advised by Duff & Phelps Investment Management Co., announced the preliminary results of voting at its annual meeting of shareholders today.

The Board of Directors of Duff & Phelps Utility and Corporate Bond Trust Inc. (NYSE: DUC), a closed-end fund advised by Duff & Phelps Investment Management Co., today announced that in light of ongoing concerns related to the spread of COVID-19, and in order to mitigate potential risks to the health and safety of its shareholders, directors and advisory and administrative personnel, the fund will be postponing its annual meeting of shareholders from Tuesday, March 24, 2020 to Tuesday, April 14, 2020, at 9:00 a.m., Central Time. The December 27, 2019 record date for determining shareholders entitled to vote remains unchanged.