Macquarie Global Infrastructure Total Return Fund Inc. Announces Monthly Distribution

Rhea-AI Summary

The Board of Directors of Macquarie Global Infrastructure Total Return Fund Inc. (NYSE:MGU) declared a distribution of $0.13 per share for July 2022. This distribution corresponds to an annualized rate of 5.46% based on the Fund's net asset value of $28.57, and 6.35% at the market price of $24.58. The distribution will be payable on August 26, 2022, with an ex-dividend date of August 18, 2022. A portion of the distribution may come from sources other than net income. The Fund invests primarily in equity and equity-like securities associated with Infrastructure Assets, aiming for total returns.

Positive

• Declared distribution of $0.13 per share for July 2022.
• Annualized distribution rate of 5.46% at NAV and 6.35% at market price indicates potential returns for shareholders.
• Focus on investing at least 80% of total assets in equity of Infrastructure Assets provides a solid investment strategy.

Negative

• A portion of the distribution may not be derived from net income, raising concerns about sustainability.

NEW YORK--(BUSINESS WIRE)-- The Board of Directors of Macquarie Global Infrastructure Total Return Fund Inc. (NYSE:MGU) (“Fund”) declared on August 2, 2022, a regular distribution for the month ending July 31, 2022 of $0.13 per share.

Based on the Fund’s net asset value (“NAV”) per share of $28.57 and New York Stock Exchange closing market price of $24.58 on July 29, 2022, the $0.13 per share distribution is equal to an annualized distribution rate of 5.46% at NAV and 6.35% at market price.

A portion of the distributions may be treated as paid from sources other than net income, including, but not limited to, short-term capital gain, long-term capital gain and return of capital. The final determination of the source of all distributions in 2022, including the percentage of qualified dividend income, will be made by the Fund after Dec. 31, 2022.

This distribution will be payable on August 26, 2022, to shareholders of record on August 19, 2022, with an ex-dividend date of August 18, 2022.

About the Fund

Macquarie Global Infrastructure Total Return Fund Inc., a diversified closed-end fund, is listed on the New York Stock Exchange. The Fund’s investment adviser is Delaware Management Company (“Investment Adviser”), a series of Macquarie Investment Management Business Trust, which is a subsidiary of Macquarie Management Holdings, Inc. (“MMHI”). MMHI is a subsidiary, and subject to the ultimate control, of Macquarie Group Limited. Macquarie Asset Management (MAM) is the asset management division of Macquarie Group. MAM, through its entities, operates as a full-service asset manager offering a diverse range of products including securities investment management, infrastructure and real asset management, and fund and equity-based structured products.

The Fund seeks to achieve its investment objective by investing, under normal market conditions, at least 80% of its total assets (which includes the aggregate of the Fund’s average daily net assets plus proceeds from any outstanding borrowings used for leverage) in equity and equity-like securities and instruments, such as common stocks, preferred stocks, convertible securities and hybrid securities issued by U.S. and non-U.S. issuers (Infrastructure Issuers) that primarily own or operate Infrastructure Assets. “Infrastructure Assets” are an underlying foundation of basic services, facilities and institutions upon which the growth and development of a community depends and may provide the necessities of everyday life, such as fresh water, roads, airports, utilities, power, steam heating systems, hospitals, schools and other social services.

Past performance is no assurance of future results. Investment return and market value of an investment in the Fund will fluctuate. Shares, when sold, may be worth more or less than their original cost. An investor should consider the Fund's investment objective, risks, charges and expenses carefully before investing. Forward-looking statements are based on information that is available on the date hereof, and neither the Investment Adviser nor any other person affiliated with the Investment Adviser has any duty to update any forward-looking statements. Important factors that could affect actual results to differ from these statements include, among other factors, material, negative changes to the asset class and the actual composition of the portfolio.

Delaware Management Company is an indirect wholly owned subsidiary of Macquarie Group Limited (MGL). Other than Macquarie Bank Limited ABN 46 008 583 542 (“Macquarie Bank”), any Macquarie Group entity noted in this document is not an authorized deposit-taking institution for the purposes of the Banking Act 1959 (Commonwealth of Australia). The obligations of these other Macquarie Group entities do not represent deposits or other liabilities of Macquarie Bank. Macquarie Bank does not guarantee or otherwise provide assurance in respect of the obligations of these other Macquarie Group entities. In addition, if this document relates to an investment, (a) the investor is subject to investment risk including possible delays in repayment and loss of income and principal invested and (b) none of Macquarie Bank or any other Macquarie Group entity guarantees any particular rate of return on or the performance of the investment, nor do they guarantee repayment of capital in respect of the investment.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220802006180/en/

Investor/Broker Inquiries

Tel: 866 567-4771

E-mail: MGU-Questions@macquarie.com

Web: www.macquarieim.com/mgu

Media Inquiries

Lee Lubarsky

347 302-3000

Lee.Lubarsky@macquarie.com

Source: Macquarie Investment Management

FAQ

What is the distribution amount for MGU for July 2022?

The distribution amount for Macquarie Global Infrastructure Total Return Fund Inc. (NYSE:MGU) for July 2022 is $0.13 per share.

When will the distribution for MGU be paid?

The distribution for MGU will be payable on August 26, 2022.

What is the annualized distribution rate for MGU?

The annualized distribution rate for MGU is 5.46% based on net asset value and 6.35% based on market price.

What is the ex-dividend date for MGU's July 2022 distribution?

The ex-dividend date for MGU's July 2022 distribution is August 18, 2022.

What percentage of MGU's distributions may come from sources other than net income?

A portion of MGU's distributions may be from sources such as short-term capital gains, long-term capital gains, and return of capital.