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

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

MFD

Price:

$8.595

Market Cap:

$72.69M

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 an...[Read more]

Industry

Asset Management - Income

IPO Date

2004-03-26

Stock Exchange

NYSE

Ticker

MFD

The ROE as of September 2024 (TTM) for Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund (MFD) is 2.95%

According to Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund’s latest financial reports and current stock price. The company's current ROE is 2.95%. This represents a change of -259.98% compared to the average of -1.85% of the last 4 quarters.

Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund (MFD) Historical ROE (quarterly & annually)

How has MFD ROE performed in the past?

The mean historical ROE of Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund over the last ten years is 2.09%. The current 2.95% ROE has changed 41.17% with respect to the historical average. Over the past ten years (40 quarters), MFD's ROE was at its highest in in the November 2010 quarter at 50.31%. The ROE was at its lowest in in the November 2008 quarter at -293.46%.

Quarterly (TTM)
Annual

Average

2.09%

Median

2.95%

Minimum

-20.36%

Maximum

14.30%

Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund (MFD) ROE by Quarter and Year

Discovering the peaks and valleys of Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 383.73%

Maximum Annual ROE = 14.30%

Minimum Annual Increase = -283.58%

Minimum Annual ROE = -20.36%

Quarterly (TTM)
Annual
YearROEChange
20231.66%-44.96%
20223.02%-78.88%
202114.30%-283.58%
2020-7.79%-163.79%
201912.21%-196.61%
2018-12.64%-190.48%
201713.97%383.73%
20162.89%-114.19%
2015-20.36%-249.18%
201413.64%6.18%

Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund (MFD) Average ROE

How has MFD ROE performed in the past?

The current ROE of Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund (MFD) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

6.33%

5-year avg

4.68%

10-year avg

2.09%

Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund (MFD) ROE vs. Peers

How is MFD’s ROE compared to its peers?

Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund’s ROE is less than MFS High Yield Municipal Trust (6.05%), less than MFS Investment Grade Municipal Trust (3.44%), less than MFS Municipal Income Trust (4.56%), less than DTF Tax-Free Income 2028 Term Fund Inc. (0.36%), less than MFS Government Markets Income Trust (0.49%), less than MFS High Income Municipal Trust (6.81%), less than Virtus Convertible & Income 2024 Target Term Fund (21.86%), less than Eaton Vance National Municipal Opportunities Trust (11.25%), less than Invesco High Income 2024 Target Term Fund (25.55%), less than John Hancock Income Securities Trust (4.59%), greater than BlackRock MuniYield Quality Fund II, Inc. (-0.14%), greater than Nuveen Preferred and Income Fund (-19.45%), less than Nuveen California Select Tax-Free Income Portfolio (17.40%), less than Federated Hermes Premier Municipal Income Fund (3.80%),

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What is the 5-year average ROE for Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund (MFD)?

How does the current ROE for Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund (MFD) compare to its historical average?