 Macquarie/First Trust Global Infra/Utilities D & I Fund Declares Quarterly Distribution First Trust Advisors, LP
Lisle, IL, May 8, 2006 –Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund (the “Fund”) (NYSE: MFD) today declared its regularly scheduled quarterly distribution for the period ending May 31, 2006 of $0.33 per share.
Based on the New York Stock Exchange closing price of $21.65 and net asset value of $24.82 on May 5, 2006, the Fund’s regular quarterly distribution equates to an annualized distribution rate of 6.10% at market and 5.32% at NAV.
The distribution will be payable on May 31, 2006 to shareholders of record on May 22, 2006, with an expected ex-dividend date of May 18, 2006. The final determination of the source and tax status of all distributions paid in 2006 will be made after the end of 2006.
Historically the Fund has paid its regularly scheduled quarterly distributions at the conclusion of each calendar quarter (i.e. March, June, September and December). A determination has been made that it would be beneficial for the Fund to change its regularly scheduled quarterly distributions to fiscal quarters
(i.e. February, May, August and November). In order to make the transition to a fiscal quarter schedule, this quarter’s distribution is being paid on May 31, 2006, a month earlier than the historical schedule. The Fund’s next quarterly distribution will be paid on August 31, 2006.
The Fund is a closed-end management investment company, investing predominantly in listed infrastructure and utilities companies in selected developed countries globally. The Fund’s investment objective is to seek
a high level of current return consisting of dividends, interest and other similar income.
If you would like more information on First Trust Advisors, LP or Closed-End Funds link to our Advantages of Closed-End Fund Investing.
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