Macquarie Global Infrastructure Total Return Fund Inc.
MGU
New York Stock Exchange- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- CEO
- Bradford Lee Frishberg CFA
- Sector
- Financial Services
- Industry
- Asset Management - Global
- Address
- 125 West 55th Street New York City NY United States of America 10019
- IPO Date
- Jan 1, 2009
- CIK
- 0001326390
- Website
- macquarie.com
- Similar Companies
- Business
- Macquarie Global Infrastructure Total Return Fund Inc. (NYSE: MGU) is a closed-end fund that seeks a high level of total return, consisting of dividends and other income plus capital appreciation, by investing primarily in equity and equity-like securities of infrastructure companies worldwide. The fund allocates at least 80% of its total assets to common stocks, preferred stocks, convertible securities, and hybrid securities issued by infrastructure issuers that own or operate assets including electric utilities; energy infrastructure; toll roads; airports; electricity and gas distribution; water; rail and other transportation; communications infrastructure; seaports; pipelines; and electricity transmission. It targets global public equity markets with a focus on these sectors, serving investors seeking infrastructure exposure domiciled in the United States. Launched on August 26, 2005, and managed by Macquarie Fund Adviser, LLC (an indirect subsidiary of Macquarie Group Limited), with investment advisory services from Delaware Management Company, the fund was headquartered in the United States. Its portfolio spans geographic operations across multiple countries and regions, including the United States, Europe, and other developed markets, reflecting diversified holdings in global infrastructure operators. In a major strategic reorganization completed on March 10, 2023, Macquarie Global Infrastructure Total Return Fund Inc. was acquired by and merged into abrdn Global Infrastructure Income Fund (NYSE: ASGI), with MGU shares ceasing trading on the NYSE to facilitate the transaction. Shareholders approved the acquisition plan, which included a final distribution of $0.348 per share, effectively transferring assets to the abrdn fund and concluding independent operations under the Macquarie banner. No significant partnerships, funding rounds, new product launches, or further operational changes for MGU have been reported since the 2023 merger.