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MGU (Macquarie Global Infrastructure Total Return Fund Inc.) is no longer actively trading.
This usually means the fund has been liquidated, merged into another product, or its ticker has been retired. Every price, valuation, dividend, and analyst figure on this page is frozen at the last available trading session and reads as historical reference — not a current-day signal.
Managed by Macquarie Fund Adviser, LLC, the Macquarie Global Infrastructure Total Return Fund Inc. functions as a closed-ended equity mutual fund. Its investment approach involves allocating capital to publicly traded companies worldwide, with a specific focus on entities operating within the infrastructure sector. This fund, domiciled in the United States, was established on August 26, 2005.
CHICAGO--(BUSINESS WIRE)--Origami Risk, the industry-leading risk, safety and insurance Software as a Service (SaaS) technology firm, today announced that Way Specialty has deployed its policy administration and billing solutions to support and scale operations. Way Specialty, a full-service managing general underwriter (MGU) exclusively partnering with independent agents and brokers, is leveraging Origami Risk's core insurance solutions to optimize the policy lifecycle and billing process for.
CHICAGO--(BUSINESS WIRE)--Ryan Specialty Completes Acquisition of Stewart Specialty Risk Underwriting.
CHICAGO--(BUSINESS WIRE)--Ryan Specialty (NYSE: RYAN) (“Ryan Specialty”), a leading international specialty insurance firm, is pleased to announce that it has signed a definitive agreement to acquire Stewart Specialty Risk Underwriting Ltd. (“SSRU”). SSRU is a managing general underwriter (“MGU”) based in Toronto, Canada specializing in underwriting large-account, high-hazard property and casualty solutions. SSRU will become a part of the Ryan Specialty Underwriting Managers (“RSUM”) division o.
NEW YORK--(BUSINESS WIRE)--Today, Macquarie Global Infrastructure Total Return Fund Inc. (the “Fund”), a New York Stock Exchange-listed closed-end fund trading under the symbol “MGU,” announced that the acquisition of substantially all of the assets of the Fund by abrdn Global Infrastructure Income Fund (the “Acquiring Fund”), a New York Stock Exchange-listed closed-end fund trading under the symbol “ASGI,” was completed on March 10, 2023 at approximately 5:00 pm ET (the “Reorganization”). Fund shareholders approved an Agreement and Plan of Acquisition that provided for the Reorganization at a Special Meeting of Shareholders held on November 9, 2022. Relevant details as of the closing of the Reorganization are as follows: FUND NAV/SHARE ($) CONVERSION RATIO abrdn Global Infrastructure Income Fund 20.3964 N/A Macquarie Global Infrastructure Total Return Fund Inc. 27.1077 1.329043 Any applicable fractional shares will be paid as cash-in-lieu to the applicable holder. The Reorganization was structured as a tax-free transaction. In early 2024, shareholders of the Fund will receive a Form 1099-DIV for the calendar year 2023 that will tell shareholders how to report Fund distributions for federal income tax purposes. The Fund will be de-listed from the New York Stock Exchange and dissolved. Questions regarding the exchange of shares of the Fund in connection with the Reorganization should be directed to 800 522-5465. Other than Macquarie Bank Limited ABN 46 008 583 542 (“Macquarie Bank”), any Macquarie Group entity noted in this press release is not an authorised deposit-taking institution for the purposes of the Banking Act 1959 (Commonwealth of Australia). The obligations of these other Macquarie Group entities do not represent deposits or other liabilities of Macquarie Bank. Macquarie Bank does not guarantee or otherwise provide assurance in respect of the obligations of these other Macquarie Group entities. In addition, if this press release relates to an investment, (a) the investor is subject to investment risk including possible delays in repayment and loss of income and principal invested and (b) none of Macquarie Bank or any other Macquarie Group entity guarantees any particular rate of return on or the performance of the investment, nor do they guarantee repayment of capital in respect of the investment. © 2023 Macquarie Management Holdings, Inc.
0 out of 22 closed-end fund sectors positive on price and 3 out of 22 sectors positive on NAV last week. KIO rights offering results.