Macquarie Global Infrastructure Total Return Fund Inc., 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 , 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 . 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: ASGI: NAV/SHARE ($): 20.3964
FUND: MAGU: NAV/SHARE ($): 27.1077 ; CONVERSION RATIO: 1.329043