Macquarie First Global (NYSE:MFD)
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Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income
Fund (the “Fund”) (NYSE: MFD) today declared the Fund’s regularly
scheduled quarterly distribution payable on May 31, 2012 to shareholders
of record as of May 24, 2012. The ex-dividend date is expected to be May
22, 2012.
Macquarie/First Trust Global
Infrastructure/Utilities Dividend & Income Fund (MFD):
Distribution per share:
$0.35
Distribution Rate based on the May 9, 2012 NAV of $15.64:
8.95%
Distribution Rate based on the May 9, 2012 closing market price of
$15.37:
9.11%
A portion of the distribution may be treated as paid from sources other
than net investment income, including short-term capital gain, long-term
capital gain and return of capital. The final determination of the
source and tax status of all distributions paid in 2012 will be made
after the end of 2012.
The Fund is a non-diversified, closed-end management investment company,
investing predominantly in listed infrastructure and utilities companies
in selected developed countries globally. The Fund’s investment
objective is to seek a high level of current return consisting of
dividends, interest and other similar income, while attempting to
preserve capital.
First Trust Advisors L.P., the Fund’s investment advisor, along with its
affiliate First Trust Portfolios L.P., are privately-held companies
which provide a variety of investment services, including asset
management, financial advisory services, and competitive municipal
underwritings, with collective assets under management or supervision of
approximately $56 billion as of April 30, 2012 through unit investment
trusts, exchange-traded funds, closed-end funds, mutual funds and
separate managed accounts.
Macquarie Capital Investment Management LLC ("MCIM") and Four Corners
Capital Management, LLC ("Four Corners") are the Fund's investment
sub-advisors. Both MCIM and Four Corners operate within Macquarie Funds
Group (“MFG”) and are wholly-owned, indirect subsidiaries of Macquarie
Group Limited ("Macquarie Group"). Macquarie Group is a global provider
of banking, financial, advisory, investment and funds management
services. Macquarie Funds Group is the global investment management
business of Macquarie Group. The Fund's Core Component, which consists
primarily of equity securities and equity-like securities issued by
infrastructure issuers, is managed by MCIM, which started operations in
2004 with the launch of the Fund. MCIM and its Australia-based
affiliates managed approximately $2.9 billion of assets as of April 30,
2012, in MFG’s Infrastructure Securities portfolios, which includes the
Fund. The Fund's Senior Loan Component is managed by Four Corners. Four
Corners was founded in 2001 and became a wholly-owned, indirect
subsidiary of Macquarie Group in 2008. Four Corners managed
approximately $1.4 billion of assets as of April 30, 2012, with an
emphasis on Senior Loans.
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.
Principal Risk Factors: The Fund invests principally in equity
securities of companies in the infrastructure and utilities industry in
various developed markets; accordingly the Fund’s NAV will fluctuate
with changes in the value of the Fund’s holdings. Investment in
infrastructure and utilities issuers is subject to various risks
including governmental regulations, high interest costs associated with
capital construction programs, costs associated with environmental
regulation, the effects of economic slowdown and surplus capacity,
competition from other providers of services and other factors.
Investment in non-U.S. securities is subject to the risk of currency
fluctuations and to economic and political risks associated with such
foreign countries. The risks of investing in the Fund are spelled out in
the prospectus, shareholder report and other regulatory filings.
The Fund’s daily New York Stock Exchange closing price and net asset
value per share as well as other related information can be found at www.ftportfolios.com
or by calling 1-800-988-5891.