Macquarie Global Infrastructure Total Return Fund Inc. Announces Monthly Distribution

Rhea-AI Summary

The Board of Directors of Macquarie Global Infrastructure Total Return Fund (NYSE:MGU) has declared a regular distribution of $0.13 per share for the month ending October 31, 2022. This distribution represents an annualized rate of 6.15% based on the Fund's net asset value of $25.37 and 7.35% based on the market price of $21.22. The distribution will be payable on November 25, 2022, to shareholders of record on November 18, 2022.

Positive

• Regular distribution of $0.13 per share reflects strong returns.
• Annualized distribution rates of 6.15% (NAV) and 7.35% (market price) indicate healthy yield.

Negative

• A portion of distributions may be treated as return of capital, signaling potential concerns over net income.

NEW YORK--(BUSINESS WIRE)-- The Board of Directors of Macquarie Global Infrastructure Total Return Fund Inc. (NYSE:MGU) (“Fund”) declared on November 3, 2022, a regular distribution for the month ending October 31, 2022 of $0.13 per share.

Based on the Fund’s net asset value (“NAV”) per share of $25.37 and New York Stock Exchange closing market price of $21.22 on October 31, 2022, the $0.13 per share distribution is equal to an annualized distribution rate of 6.15% at NAV and 7.35% 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 December 31, 2022.

This distribution will be payable on November 25, 2022, to shareholders of record on November 18, 2022, with an ex-dividend date of November 17, 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 is a global asset manager that aims to deliver positive impact for everyone. Trusted by institutions, pension funds, governments, and individuals to manage more than $US534 billion in assets globally,¹ we provide access to specialist investment expertise across a range of capabilities including infrastructure, green investments & renewables, real estate, agriculture & natural assets, asset finance, private credit, equities, fixed income and multi asset solutions.

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 US and non-US 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.

¹ As of June 30, 2022

© 2022 Macquarie Management Holdings, Inc.

View source version on businesswire.com: https://www.businesswire.com/news/home/20221103006367/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 Global Infrastructure Total Return Fund Inc.

FAQ

What is the distribution amount declared by MGU for October 2022?

The distribution amount declared by MGU for October 2022 is $0.13 per share.

When will the distribution for MGU be payable?

The distribution for MGU will be payable on November 25, 2022.

What are the NAV and market price of MGU as of October 31, 2022?

As of October 31, 2022, the NAV of MGU was $25.37, and the market price was $21.22.

What is the annualized distribution rate for MGU based on market price?

The annualized distribution rate for MGU based on market price is 7.35%.

What is the source of the distributions for MGU?

A portion of MGU's distributions may come from sources other than net income, including return of capital.