MFD board rescinds control share by-law, effective June 22, 2023

MACQUARIE/FIRST TRUST GLOBAL INFRASTR/UTIL DIV & INC FUND

Board rescinded Article XII control share provisions from amended and restated by-laws.
Control Share By-Law previously limited voting rights on shares acquired above threshold unless approved by non-interested shareholders.
After rescission, all prior and new share purchases no longer subject to voting limitations; full voting rights restored.
Amendment effective immediately; applies to MFD and 14 other First Trust closed-end funds per separate filing.

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.99

MACQUARIE/FIRST TRUST GLOBAL INFRASTR/UTIL DIV & INC FUND: The Board rescinded the Control Share By-Law (Article XII) and adopted Amended and Restated By-Laws with conforming amendments, effective immediately (effective 2023-06-22).

Change: bylaw amendment
Effective: 2023-06-22

Exact text from the filing

On June 22, 2023, the Board of Trustees of Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund amended and restated its existing Amended and Restated By-Laws (and as so amended and restated, the "By-Laws"), effective immediately. The By-Laws were revised to rescind Article XII and its accompanying control share provisions, along with other conforming amendments.

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Source: SEC EDGAR

accession 0001445546-23-004083

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