Macquarie Global Infrastructure Total Return Fund Inc. Announces Tax Character of 2017 Distributions
January 24 2018 - 05:01PM
Business Wire
Macquarie Global Infrastructure Total Return Fund Inc.
(NYSE:MGU) (“MGU” or “Fund”) today announced tax information
regarding its dividend distributions for 2017.
The source of distributions declared in 2017 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 2017 amounted to $0.098828
per share (on foreign source income of 76.98%) which has the effect
of increasing the reportable ordinary income dividends to $1.463711
per share. A summary of the reportable dividends is provided
below:
COMMON SHARES (CUSIP: 55608D101)
RecordDate
PayableDate
InvestmentIncome
Short-TermCapitalGain
ForeignTaxes Paid
TotalOrdinaryIncome
Long-TermCapitalGain
3/16/2017 3/31/2017 $0.370000 -
$0.024707 0.394707 - 6/16/2017 6/30/2017
$0.370000 - $0.024707 0.394707 -
9/20/2017 9/29/2017 $0.370000 -
$0.024707 0.394707 - 12/18/2017 12/29/2017
$0.254883 - $0.024707 0.279590
$0.115117 Totals $1.364883 - $0.098828
$1.463711 $0.115117
16.16% of the ordinary income for 2017 qualifies for the
corporate dividends received deduction. In addition, 73.67% of the
ordinary 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 Asset Management 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.
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/20180124006280/en/
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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