Macquarie Global Infrastructure Total Return Fund Inc. Announces Tax Character of 2016 Distributions
January 17 2017 - 08:00AM
Business Wire
Macquarie Global Infrastructure Total Return Fund Inc.
(NYSE:MGU) (“MGU” or “Fund”) today announced tax information
regarding its dividend distributions for 2016.
The source of distributions declared in 2016 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 2016 amounted to $0.072652
per share which has the effect of increasing the reportable
dividends to $1.144302 per share. A summary of the reportable
dividends is provided below:
COMMON SHARES (CUSIP: 55608D101)
RecordDate
PayableDate
InvestmentIncome
Short-TermCapitalGain
ForeignTaxes Paid
TotalReportableDividends
Long-TermCapitalGain
03/18/16 03/31/16 $0.276304 $0.000000
$0.018163 $0.294467 $0.093696 06/17/16
06/30/16 $0.276304 $0.000000 $0.018163
$0.294467 $0.093696 09/21/16 09/30/16
$0.276304 $0.000000 $0.018163 $0.294467
$0.093696 12/16/16 12/31/16 $0.161614
$0.081124 $0.018163 $0.260901 $0.127262 Totals
$0.990526 $0.081124 $0.072652 $1.144302
$0.408350
28.51% of the investment income for 2016 qualifies for the
corporate dividends received deduction. In addition, 80.12% of the
investment income meets the requirements regarding qualified
dividend income.
This information is available on our website at
www.macquarie.com/mgu.
About the Macquarie Global Infrastructure Total Return Fund
Inc.
Macquarie Global Infrastructure Total Return Fund Inc., a
diversified closed-end fund, is listed on the NYSE.
The Fund’s investment adviser is Macquarie Capital Investment
Management LLC, which is a part of Macquarie Funds Group and a
wholly-owned, indirect subsidiary of Macquarie Group Limited.
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 costs. An investor should consider investment objectives,
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.
This notice is provided to you for informational purposes
only, and should not be considered tax advice. Please
consult your tax advisor regarding your individual tax
situation.
Investments in the Fund are not deposits with or other
liabilities of Macquarie Bank Limited ABN 46 008 583 542 (“MBL”)
nor any Macquarie Group company and are subject to investment risk,
including possible delays in repayment and loss of income and
principal invested. Neither MBL nor any other member company of the
Macquarie Group guarantees the performance of the Fund or the
repayment of capital from the Fund or any particular rate of
return.
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version on businesswire.com: http://www.businesswire.com/news/home/20170117005063/en/
For Macquarie Global Infrastructure Total Return Fund
Inc.Investor/Broker
Inquiries1-866-567-4771MGU-Questions@macquarie.comwww.macquarie.com/mguorMedia
InquiriesDaniela Palmieri,
215-255-8878Daniela.Palmieri@macquarie.comorJessica Fitzgerald,
215-255-1336Jessica.Fitzgerald@macquarie.com
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