NYSE:MFD

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

Executive Summary

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. More Details


Snowflake Analysis

Share Price & News

How has Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: MFD is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: MFD's weekly volatility (3%) has been stable over the past year.


Market Performance


7 Day Return

3.8%

MFD

1.0%

US Capital Markets

-0.7%

US Market


1 Year Return

-10.4%

MFD

38.8%

US Capital Markets

36.6%

US Market

Return vs Industry: MFD underperformed the US Capital Markets industry which returned 36.1% over the past year.

Return vs Market: MFD underperformed the US Market which returned 41.9% over the past year.


Shareholder returns

MFDIndustryMarket
7 Day3.8%1.0%-0.7%
30 Day6.2%10.8%4.3%
90 Day10.7%17.0%8.1%
1 Year-1.5%-10.4%42.2%38.8%39.6%36.6%
3 Year3.9%-22.6%40.1%29.7%53.5%43.7%
5 Year25.8%-22.8%152.2%121.0%123.7%98.8%

Long-Term Price Volatility Vs. Market

How volatile is Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund undervalued compared to its fair value and its price relative to the market?

0.97x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate MFD's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate MFD's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: MFD is unprofitable, so we can't compare its PE Ratio to the US Capital Markets industry average.

PE vs Market: MFD is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate MFD's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: MFD is good value based on its PB Ratio (1x) compared to the US Capital Markets industry average (14.4x).

Future Growth

How is Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

13.7%

Forecasted Diversified Financials industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.

Past Performance

How has Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund performed over the past 5 years?

17.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: MFD is currently unprofitable.

Growing Profit Margin: MFD is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: MFD is unprofitable, but has reduced losses over the past 5 years at a rate of 17.5% per year.

Accelerating Growth: Unable to compare MFD's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: MFD is unprofitable, making it difficult to compare its past year earnings growth to the Capital Markets industry (10.5%).


Return on Equity

High ROE: MFD has a negative Return on Equity (-7.79%), as it is currently unprofitable.

Financial Health

How is Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund's financial position?


Financial Position Analysis

Short Term Liabilities: MFD's short term assets ($11.7M) do not cover its short term liabilities ($35.8M).

Long Term Liabilities: MFD's short term assets ($11.7M) exceed its long term liabilities ($30.0).


Debt to Equity History and Analysis

Debt Level: MFD's debt to equity ratio (33.4%) is considered satisfactory.

Reducing Debt: MFD's debt to equity ratio has reduced from 38.9% to 33.4% over the past 5 years.

Debt Coverage: MFD's debt is well covered by operating cash flow (75.3%).

Interest Coverage: MFD is unprofitable, therefore interest payments are not well covered by earnings.


Balance Sheet

Dividend

What is Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund current dividend yield, its reliability and sustainability?

8.71%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: MFD's dividend (8.71%) is higher than the bottom 25% of dividend payers in the US market (1.31%).

High Dividend: MFD's dividend (8.71%) is in the top 25% of dividend payers in the US market (3.72%)


Stability and Growth of Payments

Stable Dividend: MFD's dividend payments have been volatile in the past 10 years.

Growing Dividend: MFD's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: MFD is paying a dividend but the company is unprofitable.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.

Management

How experienced are the management team and are they aligned to shareholders interests?

17.2yrs

Average board tenure


CEO

Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund has no CEO, or we have no data on them.


Board Members

NamePositionTenureCompensationOwnership
Niel Nielson
17.17yrsUS$5.18k0.020%
$ 15.6k
Thomas Kadlec
17.17yrsUS$5.14k0.0094%
$ 7.3k
Richard Erickson
17.17yrsUS$5.20k0.014%
$ 11.0k
James Bowen
Chairmanno datano datano data
Robert Keith
15.17yrsUS$5.24kno data

17.2yrs

Average Tenure

65yo

Average Age

Experienced Board: MFD's board of directors are seasoned and experienced ( 17.2 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund's company bio, employee growth, exchange listings and data sources


Key Information


Location

  • Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund
  • 120 East Liberty Drive
  • Suite 400
  • Wheaton
  • Illinois
  • 60187
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
MFDNYSE (New York Stock Exchange)YesCommon SharesUSUSDMar 2004

Biography

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 Inv...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/03/02 23:24
End of Day Share Price2021/03/02 00:00
Earnings2020/11/30
Annual Earnings2020/11/30


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.