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 Fund Adviser, LLC, a member of the Macquarie group of companies.

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% 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% of its distributions may qualify as tax-advantaged “qualified dividend income” for U.S. federal tax income purposes. For important information on tax (on this website), 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.

Investment advisor

Macquarie Fund Adviser, LLC (“MFA”), a member of the Macquarie group of companies, is the investment advisor of MGU. In addition to advising MGU, MFA also acts as sub-adviser to Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund (MFD).

MFA 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.

MFA 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. MFA 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.