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Media releaseMACQUARIE GLOBAL INFRASTRUCTURE TOTAL RETURN FUND DECLARES REGULAR QUARTERLY DISTRIBUTIONBased on the Fund’s net asset value of $35.78 and New York Stock Exchange closing price of $32.85 on December 10, 2007, the $0.40 per share quarterly distribution reflects an annualized distribution rate of 4.47% at NAV and 4.87% at market price respectively. The $0.40 per share quarterly distribution reflects a distribution policy of the Fund intended to provide shareholders with a relatively stable cash flow. This policy may be changed or discontinued without notice to investors. As a registered closed end fund, the Fund is required to distribute on an annual basis all realized capital gains to avoid certain adverse tax consequences. Based on the Fund’s net asset value of $35.78 and New York Stock Exchange closing price of $32.85 on December 10, 2007, the capital gains distributions of $3.98 per share represent a distribution of 11.12% at NAV and 12.12% at market price respectively. All distributions will be payable on December 31, 2007 to shareholders of record on December 20, 2007. Mr. Jon Fitch, Portfolio Manager of the Fund, said “The MGU portfolio contains a broad selection of global companies which own and operate infrastructure assets. Infrastructure assets are necessary for economic growth in both established and developing economies alike. Examples of assets favored include roads, airports, water networks and gas pipelines. Infrastructure and utilityassetsare indispensable to the societies in which they operateand, accordingly, the Manager believes they offer many strategic and competitive advantages.” “The Manager is pleased by the results that the total return strategy employed by the Fund has delivered over the past year with total NAV return at 26.73% calendar year to date. While the magnitude of the combined dividends declared in relation to net asset value is greater than 10%, the Manager believes this was a function of certain opportunistic market events that are unlikely to re-occur, and does not reflect a change in the Manager's investment philosophy. In particular, a significant portion of the gains resulted from two of the Fund’s portfolio holdings that were subject to takeovers over the past year, which required the Fund to realize gains in these investments. As such, the Manager does not plan to actively realize capital gains as part of its investment strategy to achieve similar results for future annual capital gain distributions.” “The Manager remains positive about the long-term outlook for infrastructure investments, both in terms of existing asset fundamentals and new investment opportunities,” added Mr. Fitch. 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 2007, including the percentage of qualified dividend income, will be made by the Fund after December 31, 2007. Investor Update Conference Call Mr. Jon Fitch, Portfolio Manager of the Macquarie Global Infrastructure Total Return Fund Inc. (NYSE: MGU) will be hosting a regular investor update conference call on Wednesday, December 12, 2007 at 4:00 pm EST. During the call Mr. Fitch will discuss the Fund’s year end distribution for the calendar year ending December 31, 2007 as well as describe some of the key investment characteristics of infrastructure assets and provide his perspective on current market conditions. To access this call, please dial 1 877 407 0778 (toll free) or +1 201 689 8565 (international) at least ten minutes prior to the scheduled start time. The call will also be recorded and can be replayed by dialing 1 877 660 6853 (toll free) or +1 201 612 7415 (Account #: 286; Conference ID #: 265874) until Wednesday, December 19, 2007. Macquarie Global Infrastructure Total Return Fund Inc., a non-diversified closed-end fund, is listed on the NYSE. The Fund’s investment advisor is Macquarie Fund Adviser, LLC, a member of the Macquarie Group of Companies. 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. For further information, please contact: Investor/Broker Enquiries Macquarie Fund Adviser, LLC is not an authorized deposit-taking institution for the purposes of the Banking Act (Commonwealth of |
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