Fund overview

The Macquarie Global Infrastructure Total Return Fund Inc. (NYSE: MGU) was organized and listed on the NYSE on August 26, 2005 and is a non-diversified closed-end fund. The Fund invests in a non-diversified portfolio of equity, debt, preferred or convertible securities and other instruments that are issued by US and non-US companies that own, operate or manage infrastructure assets.

The Fund's investment advisor is Macquarie Capital Investment Management LLC (MCIM or Manager), a wholly-owned, indirect subsidiary of Macquarie Group Limited (Macquarie Group) and a part of Macquarie Funds Group (MFG), the global asset management business of Macquarie Group, and MFG's Macquarie Investment Management Infrastructure Securities division.

Fund Overview
First listed	August 26,2005
NYSE ticker	MGU
CUSIP	55608D101
Inception price	$25.00
Inception NAV	$23.82

Investment objective

MGU aims to provide investors with a high level of total return consisting of dividends and other income, and capital appreciation.

The Fund seeks to achieve its investment objective by investing at least 80 per cent of its total assets in equity and equity like securities issued by US and non-US issuers that primarily own or operate infrastructure assets (Infrastructure Issuers).

In pursuit of its investment objective, the Fund will also seek to manage its investment so that at least 25 per cent of its distributions may qualify as tax-advantaged 'qualified dividend income' for US federal tax income purposes. For important tax information regarding MGU, click here.

It is anticipated that most of the Infrastructure Issuers in which the Fund will invest will be public companies listed on national or regional stock exchanges.

The Manager will seek to identify and select investments in Infrastructure Issuers that, over the long term, are anticipated to produce consistent and stable dividend yield, and capital appreciation commensurate with the underlying risk of the investment.

The Manager believes that analysis of an Infrastructure Issuer's underlying assets is key in determining the long-term quality of the company's potential revenue and income streams. The Manager believes that investments made on the basis of a systematic, bottom-up, fundamentals-based approach, identifying long-term potential value in Infrastructure Issuers, should outperform investments made on the basis of short-term market factors.