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

Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund is a closed-ended equity mutual fund launched and managed by First Trust Advisors L.P. It is co-managed by Macquarie Capital Investment Management, LLC and Four Corners Capital Management, LLC. The fund invests in public equity markets across the globe. It seeks to invest in stocks of companies operating in the infrastructure and utilities sectors. The fund primarily invests in dividend-paying stocks of companies. It benchmarks the performance of its portfolio against the S&P 500 Utilities Total Return Index. Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund was formed on March 25, 2004 and is domiciled in the United States.

Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund trades as MFD on NYSE. The company is classified in Financial Services / Asset Management - Income and reports in USD.

The current profile places the business in Asset Management - Income. This section is intended to summarize the operating segments, products, geographies, and main revenue lines from official filings.

Latest available fiscal data shows $2.08M of revenue and $1.25M of net income.

Use this area for management strategy, capital allocation priorities, target markets, and measurable goals from the latest annual report or investor presentation.

The app now provides the structure, but exact strategic claims should come from official company documents before being treated as a finished investment thesis.

Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund can be compared against peers such as Columbia Select Global Growth Fund Institutional 2 Class, Columbia Select Global Growth Fund Class R, Angel Oak Dynamic Financial Strategies Income Term Trust, Eaton Vance New York Municipal Income Trust, First Trust/Abrdn Global Opportunity Income Fund, First Trust Specialty Finance and Financial Opportunities Fund.

A complete thesis should compare growth, margins, balance-sheet risk, valuation multiples, and market position against direct competitors.

Current signals to investigate include market capitalization of $72.23M, beta of 0.93, and return on equity of +1.7%.

This section should be validated with evidence such as durable margins, brand strength, regulation, switching costs, cost advantage, distribution, or technology.

Key risks should include financial leverage, cyclicality, customer concentration, regulatory exposure, currency risk, and execution risk.

MFD currently shows total debt of $27.55M and beta of 0.93. Missing data should be treated as a research gap, not as low risk.

Production-capacity detail is not available as structured data yet. For industrial, defense, semiconductor, or real-estate companies, this should be reviewed from annual reports and investor presentations.

No structured backlog field is available yet. If the company reports backlog, review the relevant filing section before adding it to the thesis.

Use this section for major contracts, product launches, construction projects, acquisitions, or strategic programs that can materially affect valuation.

Recent filings to review: N-PX (2025-08-11 00:00:00), N-CEN (2025-01-31 00:00:00), NPORT-P (2024-10-24 00:00:00), 8-K (2024-09-24 00:00:00).

Customer concentration is not available as structured data here. Add it from official filings when a company discloses material customers or revenue concentration.

Supplier concentration and critical supply-chain dependencies are not available as structured data here. This should be researched from annual reports and risk disclosures.

Company website: https://www.ftportfolios.com/Retail/cef/CEFsummary.aspx?Ticker=MFD

For US-listed stocks, verify the thesis against official filings, earnings call transcripts, and company investor relations materials.