Macquarie Global Infrastructure Total Return Fund Inc. Announces Tax Character of 2021 Distributions

Rhea-AI Summary

Macquarie Global Infrastructure Total Return Fund Inc. (NYSE:MGU) announced 2021 tax information regarding its dividend distributions. Shareholders may claim a credit for foreign taxes paid, totaling $0.062973 per share. The reportable ordinary income dividends increased to $1.249973 per share, with 60.30% qualifying for the corporate dividends received deduction and 91.05% meeting the requirements for qualified dividend income. Detailed records indicate various distribution dates and amounts, with a total ordinary income of $0.502887 and total capital gains of $0.684113 for the year.

Positive

• Shareholders can claim a deduction or credit for foreign taxes paid amounting to $0.062973 per share.
• Reportable ordinary income dividends increased to $1.249973 per share.
• 60.30% of ordinary income qualifies for the corporate dividends received deduction.
• 91.05% of ordinary income meets the requirements for qualified dividend income.

Negative

• None.

NEW YORK--(BUSINESS WIRE)-- Macquarie Global Infrastructure Total Return Fund Inc. (NYSE:MGU) (“MGU” or “Fund”) today announced tax information regarding its dividend distributions for 2021.

The source of distributions declared in 2021 is detailed below. Under the rules applicable to regulated investment companies, MGU has elected to pass foreign taxes through to shareholders. Shareholders of the Fund may be able to claim a deduction or a credit on their federal income tax return for the foreign taxes paid by the Fund. Foreign taxes paid in 2021 amounted to $0.062973 per share (on foreign source income of 26.75%) which has the effect of increasing the reportable ordinary income dividends to $1.249973 per share. A summary of the reportable dividends is provided below:

COMMON SHARES (CUSIP: 55608D101)

Record Date	Payable Date	Investment Income	Short-Term Capital Gain	Foreign Taxes Paid	Total Ordinary Income	Long-Term Capital Gain
1/20/2021	1/29/2021	$0.040286	$0.034714	$0.003979	$0.078979	$0.000000
2/17/2021	2/26/2021	$0.040286	$0.034714	$0.003979	$0.078979	$0.000000
3/17/2021	3/26/2021	$0.040286	$0.034714	$0.003979	$0.078979	$0.000000
4/21/2021	4/30/2021	$0.040286	$0.034714	$0.003979	$0.078979	$0.000000
5/19/2021	5/28/2021	$0.040286	$0.034714	$0.003979	$0.078979	$0.000000
6/16/2021	6/25/2021	$0.040286	$0.034714	$0.003979	$0.078979	$0.000000
7/21/2021	7/30/2021	$0.040286	$0.034714	$0.003979	$0.078979	$0.000000
8/18/2021	8/27/2021	$0.053714	$0.046286	$0.005305	$0.105305	$0.000000
9/15/2021	9/24/2021	$0.053714	$0.046286	$0.005305	$0.105305	$0.000000
10/20/2021	10/29/2021	$0.053714	$0.046286	$0.005305	$0.105305	$0.000000
11/17/2021	11/26/2021	$0.053714	$0.046286	$0.005305	$0.105305	$0.000000
12/21/2021	12/31/2021	$0.006029	$0.255971	$0.013900	$0.275900	$0.000000
Totals		$0.502887	$0.684113	$0.062973	$1.249973	$0.000000

60.30% of the ordinary income for 2021 qualifies for the corporate dividends received deduction. In addition, 91.05% of the ordinary income meets the requirements regarding qualified dividend income.

This information is available on our website at https://www.macquarieim.com/mgu.

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.

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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220128005451/en/

Investor/Broker Inquiries

Tel: 866 567-4771

E-mail: MGU-Questions@macquarie.com

Web: www.macquarieim.com/mgu



Media Inquiries

Sarah Stein

212 231-0323

Sarah.Stein@macquarie.com



Lee Lubarsky

347 302-3000

Lee.Lubarsky@macquarie.com

Source: Macquarie Global Infrastructure Total Return Fund Inc.

FAQ

What is the dividend distribution amount for MGU in 2021?

The reportable ordinary income dividends for MGU in 2021 increased to $1.249973 per share.

How much foreign taxes did MGU shareholders incur in 2021?

MGU shareholders incurred foreign taxes amounting to $0.062973 per share in 2021.

What percentage of MGU's ordinary income qualifies for the corporate dividends received deduction?

60.30% of MGU's ordinary income qualifies for the corporate dividends received deduction.

What percentage of MGU's ordinary income meets the qualified dividend income requirements?

91.05% of MGU's ordinary income meets the requirements for qualified dividend income.