Macquarie Global Infrastructure Total Return Fund Inc. (NYSE:MGU) (“MGU” or “Fund”) today announced tax information regarding its dividend distributions for 2019.
The source of distributions declared in 2019 is detailed below. Under the rules applicable to regulated investment companies, MGU has elected to pass foreign taxes through to shareholders. Shareholders of the fund may be able to claim a deduction or a credit on their federal income tax return for the foreign taxes paid by the Fund. Foreign taxes paid in 2019 amounted to $0.145908 per share (on foreign source income of 93.67%) which has the effect of increasing the reportable ordinary income dividends to $1.308501 per share. A summary of the reportable dividends is provided below:
COMMON SHARES (CUSIP: 55608D101) | ||||||||||||||||||||
Record Date | Payable Date | Investment Income | Short- Term Capital Gain | Foreign Taxes Paid | Total Ordinary Income | Long-Term Capital Gain | ||||||||||||||
3/22/2019 | 3/29/2019 | $0.351772 | - | $0.036477 | $0.388249 | $0.068228 | ||||||||||||||
6/24/2019 | 6/28/2019 | $0.351772 | - | $0.036477 | $0.388249 | $0.068228 | ||||||||||||||
9/23/2019 | 9/27/2019 | $0.351772 | - | $0.036477 | $0.388249 | $0.068228 | ||||||||||||||
12/20/2019 | 12/27/2019 | $0.107277 | - | $0.036477 | $0.143754 | $0.312723 | ||||||||||||||
Totals | $1.162593 | - | $0.145908 | $1.308501 | $0.517407 | |||||||||||||||
23.31% of the ordinary income for 2019 qualifies for the corporate dividends received deduction. In addition, 100% of the ordinary income meets the requirements regarding qualified dividend income.
This information is available on our website at www.delawarefunds.com/closed-end/products/macquarie-global-infrastructure-total-return-fund.
About the Macquarie Global Infrastructure Total Return Fund Inc.
Macquarie Global Infrastructure Total Return Fund Inc., a diversified closed-end fund, is listed on the New York Stock Exchange. The Fund’s investment adviser is Delaware Management Company (Investment Adviser), a series of Macquarie Investment Management Business Trust, which is a subsidiary of Macquarie Management Holdings, Inc. (MMHI). MMHI is a subsidiary, and subject to the ultimate control, of Macquarie Group Limited. Macquarie Investment Management, a member of Macquarie Group, is the marketing name for certain companies comprising the asset management division of Macquarie Group Limited and its subsidiaries and affiliates worldwide.
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.
Other than Macquarie Bank Limited (MBL), none of the entities noted are authorized deposit-taking institutions for the purposes of the Banking Act 1959 (Commonwealth of Australia). The obligations of these entities do not represent deposits or other liabilities of MBL. MBL does not guarantee or otherwise provide assurance in respect of the obligations of these entities, unless noted otherwise.
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Contacts:
Tel: 1-866-567-4771
E-mail: MGU-Questions@macquarie.com
Web: www.delawarefunds.com/closed-end/products/macquarie-global-infrastructure-total-return-fund
