# Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund (MFD): Closed-End Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/mfd for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: First Trust · Asset class: Equity - Strategy: Passive Index · Inception: 2004-03-26 The Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund functions as a closed-end equity mutual fund, initially launched and primarily managed by First Trust Advisors L.P. Management responsibilities are shared, with Macquarie Capital Investment Management, LLC and Four Corners Capital Management, LLC also contributing. The fund aims to invest in public equity markets globally, specifically targeting shares of companies operating within the infrastructure and utilities sectors. A key focus of its investment strategy is dividend-yielding stocks. Its portfolio perform... ## Key Facts | Metric | Value | |---|---| | Price | $8.45 | | Expense Ratio | — | | Market Value | $72.2M | | NAV | Not on file (no daily NAV for closed-end funds) | | Holdings Count | — | | Distribution Yield (TTM) | — | | Annual Distribution (TTM) | — /share | | Distribution Frequency | Quarterly | | 52-Week Range | $6.80 – $9.23 | | Beta | 0.93 | ## Latest Distribution - Amount: $0.2000 /share - Ex-date: 2024-08-22 - Pay date: 2024-08-30 ## Frequently Asked Questions ### What does MFD invest in? The Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund functions as a closed-end equity mutual fund, initially launched and primarily managed by First Trust Advisors L.P. Management responsibilities are shared, with Macquarie Capital Investment Management, LLC and Four Corners Capital Management, LLC also contributing. The fund aims to invest in public equity markets globally, specifically targeting shares of companies operating within the infrastructure and utilities sectors. A key focus of its investment strategy is dividend-yielding stocks. Its portfolio performance is evaluated against the S&P 500 Utilities Total Return Index. This fund, domiciled in the United States, was established on March 25, 2004. ### What is the expense ratio of MFD? An expense ratio for Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund (MFD) is not available from our data sources. Neither our market-data feed nor the SEC's structured prospectus and annual-report datasets report one for this share class. The fund's prospectus on the issuer's site carries the authoritative fee. ### How big is MFD? Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund (MFD) has a market value of $72.2M: its share price times its shares outstanding. A closed-end fund trades above or below its net asset value, so its net assets differ from this figure. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Is MFD actively managed or an index fund? MFD is a passive index fund. It tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios because there's no security selection cost. ### When was MFD launched? Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund (MFD) launched in March 2004 and is managed by First Trust. ### How has MFD performed? MFD's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon. ### Does MFD pay a dividend? Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund (MFD) currently distributes little or no income. Trailing-twelve-month yield is —. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does MFD pay dividends? Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund pays dividends Quarterly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is MFD's dividend yield? MFD's trailing-twelve-month yield is —, calculated from the sum of dividends over the past year divided by the current price. ### When is MFD's next ex-dividend date? The most recently announced ex-dividend date for MFD was 2024-08-22. The next ex-date typically follows Quarterly; once announced it appears at the top of the dividend history table on this page. ### Why is MFD's expense ratio not shown? Neither our market-data feed nor the SEC's structured filing datasets (prospectus fee tables and Form N-CEN annual reports, which we re-check twice a month) report an expense ratio for Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund (MFD). That usually means the fund family doesn't register this share class's ticker in the SEC's machine-readable data, or the vehicle reports fees outside the standard fund forms. Rather than estimate, we leave it blank; the prospectus on the issuer's site carries the authoritative number. ### How does MFD charge its expense ratio? The expense ratio is deducted in tiny daily slices from MFD's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/mfd - Distribution history: https://www.dividenddata.com/funds/mfd/dividend - Holdings & diversification: https://www.dividenddata.com/funds/mfd/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/mfd/expenses - Peer comparison: https://www.dividenddata.com/funds/mfd/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.