Macquarie Global Infrastructure Total Return Fund Inc. - MGU STOCK NEWS

The Macquarie Global Infrastructure Total Return Fund (NYSE:MGU) announced a final distribution of $0.348 per share as part of its reorganization into the abrdn Global Infrastructure Income Fund (NYSE:ASGI). This distribution will be payable on March 3, 2023 to shareholders of record as of February 24, 2023. The Fund plans to dissolve after the acquisition of its assets by the Acquiring Fund, expected to close around March 10, 2023. Shareholders will receive tax information via Form 1099-DIV in early 2024. The change is part of a strategy approved by shareholders in a meeting held on November 9, 2022.

Macquarie Global Infrastructure Total Return Fund Inc. (NYSE: MGU) announced final distributions as part of its reorganization into abrdn Global Infrastructure Income Fund (ASGI). This final distribution, amounting to $0.13 per share, will be payable on March 3, 2023, to shareholders on record as of February 24, 2023. The distributions will include all undistributed tax-exempt interest income, ordinary income, and capital gains earned until March 10, 2023. This transition follows shareholder approval on November 9, 2022, and the transaction is expected to finalize around March 10, 2023, leading to the Acquired Fund's delisting.

Macquarie Global Infrastructure Total Return Fund Inc. (NYSE: MGU) announced a monthly distribution of $0.13 per share for shareholders of record as of January 20, 2023. The distribution sources are primarily from net realized short-term capital gains (88.23%) and net investment income (11.77%), with no contributions from long-term capital gains or return of capital. For the fiscal year-to-date, cumulative distributions are $0.2600 per share, comprising net investment income (22.77%) and net realized short-term capital gains (45.50%). The fund's annualized distribution rate is 5.79% of its net asset value.

The Board of Directors of Macquarie Global Infrastructure Total Return Fund (NYSE:MGU) has announced a monthly distribution of $0.13 per share for December 2022. This translates to an annualized rate of 5.79% based on the Fund's net asset value of $26.96 and 6.87% at the closing market price of $22.72. The distribution will be payable on January 27, 2023, with a record date of January 20, 2023. A portion of the distributions may come from sources other than net income.

Macquarie Global Infrastructure Total Return Fund (NYSE: MGU) has declared a monthly distribution of $0.13 per share for shareholders of record as of December 23, 2022. This distribution comprises approximately 33.77% from net investment income, 2.77% from net realized short-term capital gains, and a significant 63.46% classified as return of capital. The total annualized distribution rate is 5.48% based on the fund's net asset value (NAV) as of November 30, 2022.

Macquarie Global Infrastructure Total Return Fund Inc. (NYSE:MGU) has announced that its reorganization into abrdn Global Infrastructure Income Fund (NYSE:ASGI) is set for completion on March 13, 2023. This transition will take place following the cessation of trading for MGU shares on March 10, 2023. The reorganization will be based on the relative net asset value of MGU's common shares. Investors are advised to await further details regarding any special distribution in upcoming communications.

The Board of Directors of Macquarie Global Infrastructure Total Return Fund (NYSE:MGU) announced a regular monthly distribution of $0.13 per share for November 2022. Based on a net asset value of $28.45 and a closing market price of $24.25, this results in annualized distribution rates of 5.48% at NAV and 6.43% at market price.

This distribution is payable on December 30, 2022, to shareholders of record on December 23, 2022.

Macquarie Global Infrastructure Total Return Fund (NYSE: MGU) declared a monthly distribution of $0.13 per share to shareholders as of November 18, 2022. The distribution sources include 33.31% from net investment income and 66.69% from net realized long-term capital gains. The Fund’s annualized distribution rate is 6.15% based on its net asset value as of October 31, 2022. Investors should note that distributions may affect the Fund's net assets, which can increase operating expenses and impact market price.

Macquarie Global Infrastructure Total Return Fund Inc. (NYSE:MGU) held a Special Meeting on November 9, 2022, where stockholders approved the reorganization into abrdn Global Infrastructure Income Fund (NYSE:ASGI). As of the record date, August 11, 2022, 60.79% of outstanding shares voted, with 6,768,448 for and 559,278 against the proposal. The reorganization is expected to complete in Q1 2023, pending shareholder approval and customary closing conditions. The Investment Manager is Delaware Management Company.