Business & Finance
Business and Finance
Business and Finance
Tue, February 15, 2011
Macquarie Global Infrastructure Total Return Fund Inc. Announces Tax Character of 2010 Distributions
NEW YORK--([ BUSINESS WIRE ])--Macquarie Global Infrastructure Total Return Fund Inc. (NYSE: MGU) (aMGUa or aFunda) today announced tax information regarding its dividend distributions for 2010.
The source of distributions declared in 2010 was all ordinary income. 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 2010 amounted to $0.045543 per share which has the effect of increasing the reportable dividends to $1.105543 per share. A summary of the reportable dividends is provided below:
COMMON SHARES (CUSIP: 55608D101) | |||||||||||||||||||||
Record Date |
Payable Date |
Investment Income | Short- |
Foreign | Total | Long-Term | |||||||||||||||
| 3/25/2010 | 3/31/2010 | $ | 0.160000 | - | $ | 0.006874 | $ | 0.166874 | - | ||||||||||||
| 6/24/2010 | 6/30/2010 | $ | 0.160000 | - | $ | 0.006874 | $ | 0.166874 | - | ||||||||||||
| 9/23/2010 | 9/30/2010 | $ | 0.560000 | - | $ | 0.024061 | $ | 0.584061 | - | ||||||||||||
| 12/23/2010 | 12/31/2010 | $ | 0.180000 | - | $ | 0.007734 | $ | 0.187734 | - | ||||||||||||
| Totals | $ | 1.060000 | - | $ | 0.045543 | $ | 1.105543 | - | |||||||||||||
12.80% of the investment income for 2010 qualifies for the corporate dividends received deduction. In addition, 75.83% of the investment income meets the requirements regarding qualified dividend income.
This information is available on our website at [ www.macquarie.com/mgu ].
About the Macquarie Global Infrastructure Total Return Fund Inc.
Macquarie Global Infrastructure Total Return Fund Inc., a non-diversified closed-end fund, is listed on the NYSE.
The Funda™s investment adviser is Macquarie Capital Investment Management LLC, which is a part of Macquarie Funds Group and a wholly-owned, indirect subsidiary of Macquarie Group Limited.
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.
This notice is provided to you for informational purposes only, and should not be considered tax advice.Please consult your tax advisor regarding your individual tax situation.
Investments in the Fund are not deposits with or other liabilities of Macquarie Bank Limited ABN 46 008 583 542 (aMBLa) nor any Macquarie Group company and are subject to investment risk, including possible delays in repayment and loss of income and principal invested. Neither MBL nor any other member company of the Macquarie Group guarantees the performance of the Fund or the repayment of capital from the Fund or any particular rate of return.
