If you are a big-yield contrarian investor, the Duff & Phelps Utility and Infrastructure fund (DPG) stands out like a sore thumb. It’s down more than 25% this year (the worst performer among the top 25 big-yield CEFs we share in our table below) for two reasons. First, it invests in a low-volatility “safe” market sector that is significantly underperforming the market this year. And second, it trades at a massive (and very inappropriate) discount to its net asset value (“NAV”) following a distribution right-sizing a few months ago (emotional investors have dramatically overreacted). In this report, we compare the 9.2% yielding DPG to 25 other top big-yield CEFs, then review its strategy, current market conditions and valuation. We conclude with our strong opinion about investing in this very interesting “stand out” opportunity.