Macquarie/first Trust Global Infrastr/util DIV & INC Fund: directors' dealings · United States · SEC (Form 4)

About Macquarie/first Trust Global Infrastr/util DIV & INC Fund

Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund was a U.S.-listed closed-end fund that traded on the NYSE under the ticker MFD. In substance, it was an investment vehicle rather than an operating company: its mandate was to deliver a high level of current income through a global portfolio focused on infrastructure and utility-related assets. The fund was organized as a Massachusetts business trust on January 21, 2004 and registered with the SEC under the Investment Company Act of 1940. Its business address and administration were tied to First Trust Portfolios in Wheaton, Illinois, placing it squarely within the U.S. asset-management landscape. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1276469/000144554622000753/mfd_ncsr.htm?utm_source=openai)) The fund’s investment objective was to provide current return in the form of dividends, interest and similar income while attempting to preserve capital. It pursued that goal by investing predominantly in companies involved in the management, ownership and/or operation of infrastructure and utilities assets, with an emphasis on businesses expected to offer reasonably predictable income and attractive yields. That strategy positioned MFD in a specialist corner of the listed-income market: global infrastructure equities, often favored by income-oriented investors seeking defensive cash flow characteristics and sector diversification. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1276469/000144554622000753/mfd_ncsr.htm?utm_source=openai)) Historically, the vehicle originally carried the Macquarie First Trust Global Infrastructure Dividend & Income Fund name before adopting its current title. SEC records also show the name change dates in January 2004, underscoring the long-standing Macquarie-First Trust collaboration in this thematic strategy. In practical terms, Macquarie contributed the global infrastructure investment pedigree, while First Trust provided the U.S. distribution and fund platform infrastructure. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1291334/000144554623001785/0001445546-23-001785-index-headers.html?utm_source=openai)) From a competitive standpoint, MFD competed with other closed-end and listed-income products targeting utilities, pipelines, transport, telecom and broader infrastructure exposure. Its appeal was not centered on high growth, but on a blend of income generation, global diversification and exposure to essential real-economy assets. For French-speaking investors, it represented a specialized U.S.-listed closed-end fund designed to access global listed infrastructure through a familiar NYSE listing structure. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1276469/000144554622000753/mfd_ncsr.htm?utm_source=openai)) A major recent development is that the fund was folded into a reorganization. SEC filings state that effective September 20, 2024, Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund transferred all of its assets and liabilities into abrdn Global Infrastructure Income Fund pursuant to an approved plan of reorganization. In other words, the historical MFD structure ceased to operate as an independent standalone fund in the same way it had previously, which is highly relevant for anyone tracking SEC Form 4 filings, legacy ownership data or historical disclosures. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1793855/000110465925057729/tm2516624d7_ncsrs.htm?utm_source=openai))