Macquarie Global Infrastructure Total Return Fund Inc. Declares Regular Quarterly Distribution
September 09 2011 - 7:50AM
Business Wire
The Board of Directors of Macquarie Global Infrastructure Total
Return Fund Inc. (NYSE:MGU) (the “Fund”) approved on September 6,
2011, a regular quarterly distribution for the period ending
September 30, 2011 of $0.18 per share.
“The infrastructure companies in the portfolio have
operationally performed largely in line with our expectations,”
said Mr. Maple-Brown, Portfolio Manager of the Fund. “The Fund
returned -10.0% over the last fiscal quarter, slightly ahead of the
-10.2% return for global equities*. We expect that infrastructure
earnings will continue to be more resilient than the broader equity
market, in keeping with the essential service nature of
infrastructure and its ability to withstand weak economic
conditions.”
Based on the Fund’s net asset value (“NAV”) of $18.50 and New
York Stock Exchange closing market price of $16.34 on August 25,
2011, the $0.18 per share distribution is equal to an annualized
distribution rate of 3.89% at NAV and 4.40% at market price,
respectively.
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 2011, including the percentage of qualified dividend income,
will be made by the Fund after December 31, 2011.
This distribution will be payable on September 30, 2011 to
shareholders of record on September 22, 2011, with an ex-dividend
date of September 20, 2011.
About the Macquarie Global Infrastructure Total Return Fund
Inc.
Macquarie Global Infrastructure Total Return Fund Inc., a
non-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.
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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