MFD

Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund
MFD

$8.65

0.53%

Market Cap: $73.9M

About: Macquarie/First Trust Global Infrastructure/Utilities Dividend&Income Fund is a diversified, closed-end management company. Its objective is to seek a high level of current return consisting of dividends, interest, and other similar income while attempting to preserve capital. The fund seeks to achieve its objective by investing in the securities of companies involved in the management, ownership, and operation of infrastructure and utilities. It also invests in senior secured loans generally considered to be high-yield securities. The company portfolio of investments consists of the investment in the common stocks, master limited partnerships, and senior floating-rate loan interests.

0

Funds holding %

of 6,710 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

0% more funds holding

Funds holding: 32 [Q1] → 32 (+0) [Q2]

0% more first-time investments, than exits

New positions opened: 3 | Existing positions closed: 3

2.27% less ownership

Funds ownership: 27.07% [Q1] → 24.8% (-2.27%) [Q2]

11% less capital invested

Capital invested by funds: $17.6M [Q1] → $15.7M (-$1.91M) [Q2]

25% less repeat investments, than reductions

Existing positions increased: 9 | Existing positions reduced: 12

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Research analyst outlook

We haven’t received any recent analyst ratings for MFD.

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Financial journalist opinion

Based on 3 articles about MFD published over the past 30 days

First Trust Announces Results of Special Meeting of Shareholders Relating to the Reorganization of Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund with and into abrdn Global Infrastructure Income Fund

WHEATON, Ill.--(BUSINESS WIRE)--First Trust Advisors L.P. (“FTA”) announced today the results of the special meeting of shareholders of Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund (NYSE: MFD) (the “Fund”) held on August 22, 2024. Shareholders of MFD, a diversified, closed-end management investment company organized as a Massachusetts business trust, have approved the reorganization of MFD with and into abrdn Global Infrastructure Income Fund (“ASGI”), a dive.

First Trust Announces Results of Special Meeting of Shareholders Relating to the Reorganization of Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund with and into abrdn Global Infrastructure Income Fund

CORRECTION BY SOURCE: abrdn Global Infrastructure Income Fund (ASGI) Announces Update and Tentative Closing Date for Acquisition of Assets From Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund

Please note the previous press release incorrectly referenced the First Trust/abrdn Global Opportunity Income Fund in the title instead of the Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund (NYSE: MFD). PHILADELPHIA, PA / ACCESSWIRE / August 23, 2024 / The Board of Trustees of abrdn Global Infrastructure Income Fund (NYSE:ASGI), announces today that shareholders of Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund (NYSE:MFD) ("MFD" or the "Acquired Fund"), advised by First Trust Advisors L.P.

CORRECTION BY SOURCE: abrdn Global Infrastructure Income Fund (ASGI) Announces Update and Tentative Closing Date for Acquisition of Assets From Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund

abrdn Global Infrastructure Income Fund (ASGI) Announces Update and Tentative Closing Date for Acquisition of Assets From First Trust/abrdn Global Opportunity Income Fund

PHILADELPHIA, PA / ACCESSWIRE / August 22, 2024 / The Board of Trustees of abrdn Global Infrastructure Income Fund (NYSE:ASGI), announces today that shareholders of Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund (NYSE:MFD) ("MFD" or the "Acquired Fund"), advised by First Trust Advisors L.P., have approved the proposed reorganization into ASGI ("Reorganization") which is expected to close at the close of business on September 20, 2024, or as soon as practicable thereafter, subject to the satisfaction of customary closing conditions.

abrdn Global Infrastructure Income Fund (ASGI) Announces Update and Tentative Closing Date for Acquisition of Assets From First Trust/abrdn Global Opportunity Income Fund

Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund Declares its Quarterly Distribution of $0.20 Per Share

WHEATON, Ill.--(BUSINESS WIRE)--Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund (the "Fund") (NYSE: MFD) has declared the Fund's regularly scheduled quarterly distribution of $0.20 per share. The distribution will be payable on August 30, 2024, to shareholders of record as of August 22, 2024. The ex-dividend date is expected to be August 22, 2024. The quarterly distribution information for the Fund appears below. Macquarie/First Trust Global Infrastructure/Utili.

Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund Declares its Quarterly Distribution of $0.20 Per Share

First Trust Announces Adjournment of Special Meeting of Shareholders Relating to the Reorganization of Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund with and into abrdn Global Infrastructure Income Fund

WHEATON, Ill.--(BUSINESS WIRE)--First Trust Advisors L.P. (“FTA”) announced today that the special meeting of shareholders of Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund (NYSE: MFD) (the “Fund”) held on July 25, 2024 has been adjourned in order to permit additional solicitation of shareholders and to allow shareholders additional time to vote on the reorganization of the Fund with and into abrdn Global Infrastructure Income Fund (“ASGI”). The special meeting.

First Trust Announces Adjournment of Special Meeting of Shareholders Relating to the Reorganization of Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund with and into abrdn Global Infrastructure Income Fund

First Trust Announces Adjournment of Special Meeting of Shareholders Relating to the Reorganization of Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund with and into abrdn Global Infrastructure Income Fund

WHEATON, Ill.--(BUSINESS WIRE)--First Trust Advisors L.P. (“FTA”) announced today that the special meeting of shareholders of Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund (NYSE: MFD) (the “Fund”) held on July 11, 2024 has been adjourned in order to permit additional solicitation of shareholders and to allow shareholders additional time to vote on the reorganization of the Fund with and into abrdn Global Infrastructure Income Fund (“ASGI”). The special meeting.

First Trust Announces Adjournment of Special Meeting of Shareholders Relating to the Reorganization of Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund with and into abrdn Global Infrastructure Income Fund

First Trust Announces Adjournment of Special Meeting of Shareholders Relating to the Reorganization of Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund with and into abrdn Global Infrastructure Income Fund

WHEATON, Ill.--(BUSINESS WIRE)--First Trust Advisors L.P. (“FTA”) announced today that the special meeting of shareholders of Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund (NYSE: MFD) (the “Fund”) held on June 18, 2024 has been adjourned in order to permit additional solicitation of shareholders and to allow shareholders additional time to vote on the reorganization of the Fund with and into abrdn Global Infrastructure Income Fund (“ASGI”). The special meeting.

First Trust Announces Adjournment of Special Meeting of Shareholders Relating to the Reorganization of Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund with and into abrdn Global Infrastructure Income Fund

First Trust Announces Adjournment of Special Meeting of Shareholders Relating to the Reorganization of Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund with and into abrdn Global Infrastructure Income Fund

WHEATON, Ill.--(BUSINESS WIRE)--First Trust Advisors L.P. (“FTA”) announced today that the special meeting of shareholders of Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund (NYSE: MFD) (the “Fund”) held on May 30, 2024 has been adjourned in order to permit additional solicitation of shareholders and to allow shareholders additional time to vote on the reorganization of the Fund with and into abrdn Global Infrastructure Income Fund (“ASGI”). The special meeting.

First Trust Announces Adjournment of Special Meeting of Shareholders Relating to the Reorganization of Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund with and into abrdn Global Infrastructure Income Fund

Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund Declares its Quarterly Distribution of $0.20 Per Share

WHEATON, Ill.--(BUSINESS WIRE)--Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund (the "Fund") (NYSE: MFD) has declared the Fund's regularly scheduled quarterly distribution of $0.20 per share. The distribution will be payable on May 31, 2024, to shareholders of record as of May 23, 2024. The ex-dividend date is expected to be May 22, 2024. The quarterly distribution information for the Fund appears below. Macquarie/First Trust Global Infrastructure/Utilities Divi.

Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund Declares its Quarterly Distribution of $0.20 Per Share

First Trust Announces Adjournment of Special Meeting of Shareholders Relating to the Reorganization of Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund with and into abrdn Global Infrastructure Income Fund

WHEATON, Ill.--(BUSINESS WIRE)--First Trust Advisors L.P. (“FTA”) announced today that the special meeting of shareholders of Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund (NYSE: MFD) (the “Fund”) held on April 18, 2024 has been adjourned in order to permit additional solicitation of shareholders and to allow shareholders additional time to vote on the reorganization of the Fund with and into abrdn Global Infrastructure Income Fund (“ASGI”). The special meetin.

First Trust Announces Adjournment of Special Meeting of Shareholders Relating to the Reorganization of Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund with and into abrdn Global Infrastructure Income Fund

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