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XMFDX Mac/First Glb Infra/Utility Div & Income

  • Fund
  • XMFDX
  • Price as of: May 28, 2019
  • $11.15 - $0.03 - 0.27%
  • Category
  • Uncategorized

XMFDX - Profile

Vitals

  • YTD Return 9.1%
  • 3 Yr Annualized Return -6.8%
  • 5 Yr Annualized Return -9.7%
  • Net Assets $98.2 M
  • Holdings in Top 10 42.9%

52 WEEK LOW AND HIGH

$11.15
$9.97
$12.12

Expenses

OPERATING RELATED FEES

  • Expense Ratio 3.04%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 216.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

N/A

IRA

N/A

Investment Themes

CATEGORY

Uncategorized
  • Fund Type Closed-end mutual fund
  • Investment Style Utilities

Distributions

  • YTD Total Return 9.1%
  • 3 Yr Annualized Total Return -6.8%
  • 5 Yr Annualized Total Return -9.7%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 9.16%
DIVIDENDS
  • Dividend Yield 0.1%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income
  • Fund Family Name First Trust Advisors L.P.
  • Inception Date Mar 16, 2004
  • Shares Outstanding 8547442
  • Share Class N/A
  • Currency N/A
  • Domiciled Country United States
  • Manager Adam H. Brown

Fund Description

N/A

XMFDX - Performance

Return Ranking - Trailing

Period XMFDX Return Category Return Low Category Return High Rank in Category (%)
YTD 9.1% -50.0% 268.1% 46.74%
1 Yr -3.3% -64.8% 268.1% 58.37%
3 Yr -6.8%* -100.0% 115.6% 97.56%
5 Yr -9.7%* -100.0% 58.6% 92.49%
10 Yr -0.9%* -12.1% 26.2% 89.08%

* Annualized


Return Ranking - Calendar

Period XMFDX Return Category Return Low Category Return High Rank in Category (%)
2018 -22.9% -100.0% 73.0% 91.47%
2017 1.1% -76.0% 212.6% 78.06%
2016 -0.4% -65.0% 900.0% 77.31%
2015 -24.0% -87.3% 336.8% 94.81%
2014 1.2% -60.1% 304.1% 46.48%

Total Return Ranking - Trailing

Period XMFDX Return Category Return Low Category Return High Rank in Category (%)
YTD 9.1% -50.0% 268.1% 46.96%
1 Yr -3.3% -64.8% 268.1% 67.51%
3 Yr -6.8%* -100.0% 115.6% 98.53%
5 Yr -9.7%* -100.0% 58.6% 92.63%
10 Yr -0.9%* -12.1% 26.3% 89.74%

* Annualized


Total Return Ranking - Calendar

Period XMFDX Return Category Return Low Category Return High Rank in Category (%)
2018 -22.9% -100.0% 76.6% 93.95%
2017 1.1% -30.7% 212.6% 82.51%
2016 -0.4% -65.0% 900.0% 81.38%
2015 -24.0% -87.3% 341.1% 95.03%
2014 1.2% -60.1% 304.1% 49.64%

NAV & Total Return History

XMFDX - Holdings

Concentration Analysis

XMFDX Category Low Category High XMFDX % Rank
Net Assets 98.2 M 10 804 B 61.63%
Number of Holdings 59 1 17333 61.55%
Net Assets in Top 10 58.2 M -7.11 B 145 B 50.65%
Weighting of Top 10 42.89% 0.0% 20474.3% 39.46%

Top 10 Holdings

  1. Enbridge Inc 5.72%

  2. Severn Trent PLC 5.22%

  3. National Grid PLC 4.99%

  4. Spark Infrastructure Group 4.42%

  5. Enterprise Products Partners LP 4.17%

  6. Terna SpA 4.04%

  7. Transcanada 4.02%

  8. United Utilities Group PLC 3.63%

  9. Sydney Airport 3.48%

  10. Transurban Group 3.20%


Asset Allocation

Weighting Return Low Return High XMFDX % Rank
Stocks
66.69% -142.98% 259.25% 52.35%
Bonds
25.23% -955.59% 2458.15% 42.30%
Cash
8.08% -2458.20% 7388.76% 20.52%
Preferred Stocks
0.00% -21.20% 80.89% 64.33%
Other
0.00% -7288.76% 493.15% 65.13%
Convertible Bonds
0.00% -0.37% 144.58% 68.43%

Stock Sector Breakdown

Weighting Return Low Return High XMFDX % Rank
Utilities
35.35% -3.80% 94.95% 0.79%
Energy
18.99% -6.25% 144.83% 2.26%
Industrials
8.33% -19.53% 93.31% 47.75%
Technology
0.00% -26.81% 99.57% 92.56%
Real Estate
0.00% -8.52% 100.26% 88.46%
Healthcare
0.00% -15.38% 100.00% 91.66%
Financial Services
0.00% -7.59% 99.69% 92.59%
Communication Services
0.00% -9.27% 90.02% 86.99%
Consumer Defense
0.00% -7.54% 98.24% 90.53%
Consumer Cyclical
0.00% -20.80% 87.44% 93.62%
Basic Materials
0.00% -5.18% 96.19% 89.83%

Stock Geographic Breakdown

Weighting Return Low Return High XMFDX % Rank
Non US
52.97% -38.73% 159.65% 13.18%
US
13.72% -142.98% 149.27% 54.60%

Bond Sector Breakdown

Weighting Return Low Return High XMFDX % Rank
Corporate
25.23% -46.36% 3345.86% 16.85%
Cash & Equivalents
8.08% -2458.20% 7388.76% 20.23%
Derivative
0.00% -511.61% 54.22% 51.55%
Securitized
0.00% -24.16% 264.51% 69.64%
Municipal
0.00% 0.00% 165.37% 66.52%
Government
0.00% -3298.93% 2458.15% 71.57%

Bond Geographic Breakdown

Weighting Return Low Return High XMFDX % Rank
US
25.23% -955.59% 2458.15% 36.57%
Non US
0.00% -153.97% 464.75% 74.04%

XMFDX - Expenses

Operational Fees

XMFDX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 3.04% -2.86% 950.64% 15.13%
Management Fee 1.00% 0.00% 2.87% 89.18%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.00% 52000.00% N/A

Sales Fees

XMFDX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.00% 25.00% N/A
Deferred Load N/A 0.25% 5.50% N/A

Trading Fees

XMFDX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.00% 2.00% N/A

Turnover Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

XMFDX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 216.00% 0.00% 5067.00% 93.82%

XMFDX - Distributions

Dividend Yield Analysis

XMFDX Category Low Category High XMFDX % Rank
Dividend Yield 0.11% 0.00% 84.51% 8.07%

Dividend Distribution Analysis

XMFDX Category Low Category High Category Mode
Dividend Distribution Frequency Quarterly Annually Monthly Annually

Dividend Payout History


Net Income Ratio Analysis

XMFDX Category Low Category High XMFDX % Rank
Net Income Ratio 9.16% -46.00% 10.88% 0.18%

Capital Gain Distribution Analysis

XMFDX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

XMFDX - Managers

Adam H. Brown

Manager

Start Date

Tenure

Tenure Rank

Jan 01, 2014

5.5

5.5%

Adam H. Brown, CFA Senior Vice President, Senior Portfolio Manager, Co-Head of High Yield — Macquarie Investment Management, Americas Adam H. Brown is a senior portfolio manager on the Macquarie Investment Management Business Trust's taxable fixed income team. He manages the bank loan portfolios and is a co-portfolio manager for the high yield, fixed rate multisector, and core plus strategies. Brown joined Macquarie Investment Management (MIM), which includes the former Delaware Investments, in April 2011 as part of the firm’s integration of Macquarie Four Corners Capital Management, where he had worked since 2002. At Four Corners, he was a co-portfolio manager on four collateralized loan obligations (CLOs) and a senior research analyst supporting noninvestment grade portfolios. Before that, Brown was with the predecessor of Wells Fargo Securities, where he worked in the leveraged finance group arranging senior secured bank loans and high yield bond financings for financial sponsors and corporate issuers. He earned a bachelor’s degree in accounting from the University of Florida and an MBA from the A.B. Freeman School of Business at Tulane University.


Bradford L. Frishberg

Manager

Start Date

Tenure

Tenure Rank

Jan 01, 2014

5.5

5.5%

Brad Frishberg is the head of Macquarie’s Infrastructure Securities business and its Chief Investment Officer, based in New York. He is also a portfolio manager. Brad has 25 years of asset management experience. Prior to joining Macquarie in 2009, he was managing director and U.S. equity portfolio manager at J.P. Morgan Asset Management, where over a period of 13 years he was responsible for managing portfolios and businesses in London, Tokyo, and New York. Brad started his career at Aetna Asset Management as an international analyst and then a portfolio manager.


Anthony Felton

Manager

Start Date

Tenure

Tenure Rank

Jan 01, 2014

5.5

5.5%

Anthony transferred within Macquarie in Sydney to join the Infrastructure Securities team in 2004 with responsibility for the analysis of European infrastructure stocks. Anthony has significant experience in the analysis of both regulated infrastructure companies, such as water and electricity/gas transmission/distribution and utilities as well as user demand infrastructure companies such as airports, toll roads and seaports. Anthony is the portfolio manager for a number of global infrastructure portfolios and is a member of the portfolio management team. Prior to joining Macquarie, Anthony had broad based financial market experience with Westpac Banking Corporation in Sydney, and West LB and JP Morgan in London.


Jonathon S. Ong

Manager

Start Date

Tenure

Tenure Rank

Jan 01, 2014

5.5

5.5%

Jonathon joined Macquarie’s Infrastructure Securities team in Sydney as a Portfolio Manager in 2008. He has been a member of the team’s Investment Committee since then. Prior to joining Macquarie, Jonathon held analyst and PM roles at Credit Suisse Asset Management, where he worked for 8 years in Sydney and Tokyo. His portfolio management and analytical responsibilities were primarily focused on infrastructure and related stocks. Prior to CSAM, Jonathon spent 3 years as an Asia-Pacific utilities and telecom analyst for Bankers Trust. He started his career as a sell-side analyst in Hong Kong for Kim Eng Securities.


Tenure Analysis

Category Low

0.01

Category High

33.52

Category Average

5.37

Category Mode

3.25