Macquarie Global Infrastructure Total Return Fund Inc. Declares Special Distribution

Date : 08/16/2010 @ 8:00AM
Source : Business Wire
Stock : Macquarie Global Infrastructure Total Return Fund Inc. (MGU)
Quote : 23.05  0.25 (1.10%) @ 4:02PM
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Macquarie Global Infrastructure Total Return Fund Inc. Declares Special Distribution

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The Board of Directors of Macquarie Global Infrastructure Total Return Fund Inc. (NYSE:MGU) (the “Fund”) approved on August 11, 2010 a special distribution of $0.40 per share.

The Fund bases its quarterly distributions, in part, on good faith estimates of both current income for the year as well as any “spillover” income from the prior year. In connection with the recent completion of the Fund’s prior year tax returns, the Fund determined that its actual income in 2009 exceeded its estimates due to the sale of US Master Limited Partnership (“MLP”) interests and business income associated with the MLPs. The special distribution is attributable to this income, a portion of which is required to be distributed in order for the Fund to maintain its status as a regulated investment company under the tax code.

The special distribution is not intended to be in lieu of the Fund’s regular quarterly distribution, which will be considered by the Board of Directors in September.

A portion of this distribution 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 2010, including the percentage of qualified dividend income, will be made by the Fund after December 31, 2010.

This special distribution will be payable on September 30, 2010 to shareholders of record on September 23, 2010, with an ex-dividend date of September 21, 2010.

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. Nothing in this document constitutes investment, legal, tax, accounting or other advice.

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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