UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM N-Q
QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED
MANAGEMENT INVESTMENT COMPANY
Investment Company Act file number 811-21496
MACQUARIE/FIRST TRUST GLOBAL INFRASTRUCTURE/UTILITIES DIVIDEND & INCOME FUND
(Exact name of registrant as specified in charter)
120 East Liberty Drive
WHEATON, IL 60187
(Address of principal executive offices) (Zip code)
W. Scott Jardine
First Trust Portfolios, LP
120 East Liberty Drive
WHEATON, IL 60187
(Name and address of agent for service)
Registrant's telephone number, including area code: 630-765-8000
Date of fiscal year end: NOVEMBER 30
Date of reporting period: AUGUST 31, 2008
Form N-Q is to be used by management investment companies, other than small
business investment companies registered on Form N-5 (ss.ss. 239.24 and 274.5 of
this chapter), to file reports with THE Commission, not later than 60 days after
the close of the first and third fiscal quarters, pursuant to rule 30b1-5 under
the Investment Company Act of 1940 (17 CFR 270.30b1-5). The Commission may use
the information provided on Form N-Q in its regulatory, disclosure review,
inspection, and policymaking roles.
A registrant is required to disclose the information specified by Form N-Q, and
the Commission will make this information public. A registrant is not required
to respond to the collection of information contained in Form N-Q unless the
Form displays a currently valid Office of Management and Budget ("OMB") control
number. Please direct comments concerning the accuracy of the information
collection burden estimate and any suggestions for reducing the burden to the
Secretary, Securities and Exchange Commission, 100 F Street, NE, Washington, DC
20549. The OMB has reviewed this collection of information under the clearance
requirements of 44 U.S.C. ss. 3507.
ITEM 1. SCHEDULE OF INVESTMENTS.
The Schedule(s) of Investments is attached herewith.
MACQUARIE/FIRST TRUST GLOBAL INFRASTRUCTURE/UTILITIES DIVIDEND & INCOME FUND
PORTFOLIO OF INVESTMENTS (a)
AUGUST 31, 2008 (UNAUDITED)
SHARES DESCRIPTION VALUE
---------- -------------------------------------------------------------- ------------
COMMON STOCKS - 74.2%
AUSTRALIA - 29.1%
1,590,911 Asciano Group (b) ............................................ $ 6,606,984
130,015 Australian Pipeline Trust (b) ................................ 404,110
10,050,961 Babcock & Brown Infrastructure Group (b) ..................... 4,659,244
1,510,082 Challenger Infrastructure Fund, Class A (b) .................. 3,541,608
10,086,913 Envestra Ltd. (b) ............................................ 6,028,893
529,215 Hastings Diversified Utilities Fund (b) ...................... 1,105,361
11,381,139 SP AusNet (b) ................................................ 11,182,271
7,826,400 Spark Infrastructure Group (b) ............................... 10,367,753
1,731,548 Transurban Group (b) ......................................... 8,008,268
------------
51,904,492
------------
AUSTRIA - 0.8%
17,092 Flughafen Wien AG (b) ........................................ 1,386,340
------------
CANADA - 3.3%
104,320 Enbridge, Inc. ............................................... 4,374,995
41,000 TransCanada Corp. ............................................ 1,554,973
------------
5,929,968
------------
FRANCE - 2.0%
28,163 Aeroports de Paris (b) ....................................... 2,454,497
14,000 Electricte de France (b) ..................................... 1,197,339
------------
3,651,836
------------
GERMANY - 2.5%
70,624 Hamburger Hafen Und Logistik AG (b) .......................... 4,416,591
------------
ITALY - 7.7%
576,000 Enel SPA (b) ................................................. 5,288,701
321,300 Snam Rete Gas SPA (b) ........................................ 2,007,181
1,585,000 Terna SPA (b) ................................................ 6,368,508
------------
13,664,390
------------
JAPAN - 3.1%
358 East Japan Railway Co. (b) ................................... 2,847,556
639,155 Tokyo Gas Co. Ltd. (b) ....................................... 2,666,728
------------
5,514,284
------------
NEW ZEALAND - 2.9%
3,499,299 Auckland International Airport, Ltd. (b) ..................... 5,135,499
------------
SPAIN - 7.4%
179,540 Cintra Concesiones de Infraestructuras de Transporte SA (b) .. 2,078,649
133,261 Enagas SA (b) ................................................ 3,387,698
130,000 Red Electrica de Espana (b) .................................. 7,670,002
------------
13,136,349
------------
SWITZERLAND - 1.5%
7,239 Flughafen Zuerich AG (b) ..................................... 2,636,078
------------
See Notes to Quarterly Portfolio of Investments
Page 1
MACQUARIE/FIRST TRUST GLOBAL INFRASTRUCTURE/UTILITIES DIVIDEND & INCOME FUND
PORTFOLIO OF INVESTMENTS (a) - (CONTINUED)
AUGUST 31, 2008 (UNAUDITED)
SHARES DESCRIPTION VALUE
---------- -------------------------------------------------------------- ------------
COMMON STOCKS - (CONTINUED)
UNITED KINGDOM - 13.3%
450,329 Pennon Group plc (b) ......................................... $ 5,021,953
408,899 Severn Trent plc (b) ......................................... 10,138,208
654,495 United Utilities plc (b) ..................................... 8,515,968
------------
23,676,129
------------
UNITED STATES - 0.6%
13,440 Exelon Corp. ................................................. 1,020,902
------------
TOTAL COMMON STOCKS
(Cost $148,206,847) ....................................... 132,072,858
------------
MASTER LIMITED PARTNERSHIPS - 12.0%
UNITED STATES - 12.0%
86,113 Amerigas Partners, L.P. ...................................... 2,763,366
89,700 Enbridge Energy Partners, L.P. ............................... 4,354,038
96,000 Energy Transfer Partners, L.P. ............................... 4,272,000
100,050 Enterprise Products Partners, L.P. ........................... 2,946,473
54,000 Kinder Morgan Energy Partners, L.P. .......................... 3,101,760
106,831 Magellan Midstream Partners, L.P. ............................ 3,971,977
------------
TOTAL MASTER LIMITED PARTNERSHIPS
(Cost $17,753,642) ........................................ 21,409,614
------------
CANADIAN INCOME TRUSTS - 12.9%
788,900 Northland Power Income Fund .................................. 9,584,489
500,549 Pembina Pipeline Income Fund ................................. 8,674,046
467,560 The Consumers' Waterheater Income Fund ....................... 4,799,778
------------
TOTAL CANADIAN INCOME TRUSTS
(Cost $15,378,073) ........................................ 23,058,313
------------
RATINGS (c)
PRINCIPAL ------------------ STATED
VALUE DESCRIPTION MOODY'S S&P RATE MATURITY (d) VALUE
---------- ------------------------------------------ ----------- ---- ------------- ------------ ------------
SENIOR FLOATING-RATE TERM LOAN INTERESTS (e) - 43.6%
CABLE & SATELLITE - 4.6%
$2,985,000 Charter Communications Operating, LLC .... B1 B+ 4.67%-4.80% 03/06/14 2,607,314
2,934,950 CSC Holdings, Inc. ....................... Ba1 BBB- 4.21% 03/29/13 2,791,137
3,000,000 UPC Distribution Holding B.V. ............ Ba3 B+ 4.21% 12/31/14 2,809,500
------------
8,207,951
------------
ELECTRIC UTILITIES - 9.1%
2,719,251 Astoria Generating Co. Acquisitions,
LLC ................................... B1 BB- 4.23% 02/23/12 2,611,840
2,962,612 Calpine Corp. ............................ B2 B+ 5.69% 03/29/14 2,751,526
3,966,495 Covanta Energy Corp. ..................... Ba2 BB 4.25%-4.31% 02/09/14 3,768,169
2,091,860 Mirant North America, LLC ................ Ba2 BB 4.22% 01/03/13 2,007,684
See Notes to Quarterly Portfolio of Investments
Page 2
MACQUARIE/FIRST TRUST GLOBAL INFRASTRUCTURE/UTILITIES DIVIDEND & INCOME FUND
PORTFOLIO OF INVESTMENTS (a) - (CONTINUED)
AUGUST 31, 2008 (UNAUDITED)
RATINGS (c)
PRINCIPAL ------------------ STATED
VALUE DESCRIPTION MOODY'S S&P RATE MATURITY (d) VALUE
--------- ------------------------------------------ ----------- ---- ------------- ------------ ------------
SENIOR FLOATING-RATE TERM LOAN INTERESTS (e) - (CONTINUED)
ELECTRIC UTILITIES - (CONTINUED)
$3,677,330 NRG Energy, Inc. ......................... Ba1 BB 4.20% 02/01/13 $ 3,483,248
993,173 Riverside Energy Center, LLC ............. Ba3 BB- 7.05% 06/24/11 993,173
581,893 Rocky Mountain Energy Center, LLC ........ Ba3 BB- 7.05% 06/24/11 581,893
------------
16,197,533
------------
ENVIRONMENTAL & FACILITIES SERVICES - 1.9%
405,995 EnergySolutions, LLC ..................... Ba2 NR(f) 4.73%-5.47% 06/07/13 394,832
1,641,509 EnergySolutions, LLC ..................... Ba2 NR(f) 4.73% 08/09/13 1,596,368
1,501,579 EnviroSolutions Real Property Holdings,
Inc. .................................. Caa1 B- 11.50%-12.25% 07/07/12 1,373,945
------------
3,365,145
------------
GAS UTILITIES - 1.1%
2,000,000 Atlas Pipeline Partners, L.P. ............ Ba2 BB- 4.97% 07/27/14 1,940,002
------------
HEALTH CARE FACILITIES - 5.1%
2,955,000 HCA, Inc. ................................ Ba3 BB 5.05% 11/17/13 2,767,233
2,829,409 Health Management Associates, Inc. ....... B1 BB- 4.55% 02/28/14 2,590,482
2,964,965 Lifepoint Hospitals, Inc. ................ Ba2 BB 4.44% 04/15/12 2,862,674
897,286 Select Medical Corp. ..................... Ba2 BB- 4.47%-6.00% 02/24/12 831,672
------------
9,052,061
------------
HEALTH CARE SERVICES - 2.2%
3,888,092 CHS/Community Health Systems, Inc. ....... Ba3 BB- 4.72%-5.06% 07/25/14 3,674,690
198,904 CHS/Community Health Systems, Inc. (g) ... Ba3 BB- 1.00% (h) 07/25/14 187,987
------------
3,862,677
------------
INDEPENDENT POWER PRODUCERS & ENERGY TRADERS - 6.8%
1,127,960 Bicent Power, LLC ........................ Ba3 BB- 4.81% 06/30/14 1,051,823
949,552 Coleto Creek Power, L.P. ................. B1 BB- 5.55% 06/28/13 854,596
3,000,000 Dynegy Holdings, Inc. .................... Ba1 BB- 3.96% 04/12/13 2,771,874
2,000,000 Longview Power, LLC ...................... Ba3 BB 5.06% 02/28/14 1,765,000
2,117,774 Northern Star Holdings II LLC and NSG
Holdings II LLC ....................... Ba2 BB 4.28% 06/15/14 1,958,940
3,977,483 Texas Competitive Electric Holdings
Company, LLC .......................... Ba3 B+ 5.96%-6.30% 10/10/14 3,701,951
------------
12,104,184
------------
MANAGED HEALTH CARE - 3.1%
2,975,560 IASIS Healthcare Corp. ................... Ba2 B+ 4.39%-4.47% 03/15/14 2,792,067
2,935,628 Vanguard Health Systems, Inc. ............ Ba3 B+ 5.05% 09/23/11 2,825,542
------------
5,617,609
------------
MULTI-UTILITIES - 1.6%
3,000,000 KGEN, LLC ................................ Ba3 BB 4.56% 02/08/14 2,797,501
------------
See Notes to Quarterly Portfolio of Investments
Page 3
MACQUARIE/FIRST TRUST GLOBAL INFRASTRUCTURE/UTILITIES DIVIDEND & INCOME FUND
PORTFOLIO OF INVESTMENTS (a) - (CONTINUED)
AUGUST 31, 2008 (UNAUDITED)
RATINGS (c)
PRINCIPAL ------------------ STATED
VALUE DESCRIPTION MOODY'S S&P RATE MATURITY (d) VALUE
--------- ------------------------------------------ ----------- ---- ------------- ------------ ------------
SENIOR FLOATING-RATE TERM LOAN INTERESTS (e) - (CONTINUED)
OIL & GAS EQUIPMENT & SERVICES - 0.9%
1,611,054 Targa Resources, Inc. .................... Ba3 B+ 4.47%-4.80% 10/31/12 $ 1,545,001
------------
OIL & GAS EXPLORATION & PRODUCTION - 1.0%
$2,205,937 SemCrude, L.P. (i) ....................... Caa3 NR 5.50% 03/16/11 1,814,383
------------
OIL & GAS STORAGE & TRANSPORTATION - 1.6%
3,000,000 Energy Transfer Equity, L.P. ............. Ba2 NR 4.55% 02/08/12 2,905,626
------------
PUBLISHING - 0.5%
975,000 Quebecor Media, Inc. ..................... B1 B 4.79% 01/17/13 936,000
------------
RAILROADS - 1.7%
3,000,000 Railamerica Transportation Corp. ......... NR NR 6.79% 08/14/09 2,985,000
------------
WIRELESS TELECOMMUNICATION SERVICES - 2.4%
2,468,750 Crown Castle Operating Co. ............... Ba3 BB 4.30% 03/06/14 2,308,795
2,079,000 Windstream Corp. ......................... Baa3 BBB 4.29% 07/17/13 2,004,288
------------
4,313,083
------------
TOTAL SENIOR FLOATING-RATE TERM LOAN
INTERESTS (e) (Cost $82,101,565) ...... 77,643,756
------------
TOTAL INVESTMENTS - 142.7%
(Cost $263,440,127) (j) ............... 254,184,541
LOAN OUTSTANDING - (46.3)% ............... (82,500,000)
NET OTHER ASSETS AND LIABILITIES - 3.6% .. 6,389,552
------------
NET ASSETS - 100.0% ...................... $178,074,093
============
----------
(a) All percentages shown in the Portfolio of Investments are based on net
assets.
(b) This security is fair valued in accordance with valuation procedures
adopted by the Fund's Board of Trustees.
(c) Ratings below Baa3 by Moody's Investors Service, Inc. or BBB- by Standard &
Poor's Ratings Group are considered to be below investment grade.
(d) Senior Loans generally are subject to mandatory and/or optional prepayment.
As a result, the actual remaining maturity of Senior Loans may be
substantially less than the stated maturities shown.
(e) Senior Loans in which the Fund invests generally pay interest at rates
which are periodically predetermined by reference to a base lending rate
plus a premium. These base lending rates are generally (i) the lending rate
offered by one or more major European banks, such as the London Inter-Bank
Offered Rate ("LIBOR"), (ii) the prime rate offered by one or more major
United States banks or (iii) the certificate of deposit rate.
(f) This Senior Loan Interest was privately rated upon issuance. The rating
agency does not provide ongoing surveillance on the rating.
(g) Delayed Draw Loan (See Note 1D in the Notes to Quarterly Portfolio of
Investments).
(h) Represents commitment fee rate on delayed draw loans.
(i) The issuer is in default. Income is not being accrued.
(j) Aggregate cost for federal income tax and financial reporting purposes. As
of August 31, 2008, the aggregate gross unrealized appreciation of all
securities in which there was an excess of value over tax cost was
$21,565,280 and the aggregate gross unrealized depreciation of all
securities in which there was an excess of tax cost over value was
$30,820,866.
NR Not Rated
See Notes to Quarterly Portfolio of Investments
Page 4
MACQUARIE/FIRST TRUST GLOBAL INFRASTRUCTURE/UTILITIES DIVIDEND & INCOME FUND
PORTFOLIO OF INVESTMENTS (a) - (CONTINUED)
AUGUST 31, 2008 (UNAUDITED)
SECURITY VALUATION INPUTS
A summary of the inputs used to value the Fund's net assets as of August 31,
2008 is as follows (See Note 1A-Portfolio Valuation in the Notes to Quarterly
Portfolio of Investments):
VALUATION INPUTS INVESTMENTS IN SECURITIES
---------------- -------------------------
Level 1 - Quoted Prices ......................... $ 51,418,795
Level 2 - Other Significant Observable Inputs ... 202,765,746
Level 3 - Significant Unobservable Inputs ....... --
------------
TOTAL ........................................... $254,184,541
============
% OF TOTAL
INDUSTRY CLASSIFICATION (1) INVESTMENTS
----------------------- -----------
Gas Utilities 18.1%
Electric Utilities 14.7
Transportation Infrastructure 14.0
Multi-Utilities 7.9
Water Utilities 6.0
Power Generation 3.8
Diversified Consumer Services 3.3
Energy Equipment & Services 1.7
-----
Total 69.5%
=====
(1) Represents the industry classification breakdown for the Core Component of
the portfolio, which includes the Common Stock, Masters Limited Partnership
and Canadian Income Trust securities. It excludes the Senior Floating-Rate
Loan Interest.
See Notes to Quarterly Portfolio of Investments
Page 5
NOTES TO QUARTERLY PORTFOLIO OF INVESTMENTS
MACQUARIE/FIRST TRUST GLOBAL INFRASTRUCTURE/UTILITIES DIVIDEND & INCOME FUND
AUGUST 31, 2008 (UNAUDITED)
1. VALUATION AND INVESTMENT PRACTICES
A. PORTFOLIO VALUATION:
The net asset value ("NAV") of the Common Shares of Macquarie/First Trust Global
Infrastructure/Utilities Dividend & Income Fund (the "Fund") is determined daily
as of the close of regular trading on the New York Stock Exchange ("NYSE"),
normally 4:00 p.m. Eastern time, on each day the NYSE is open for trading.
Domestic debt securities and foreign securities are priced using data reflecting
the earlier closing of the principal markets for those securities. The NAV per
Common Share is calculated by dividing the value of all assets of the Fund
(including accrued interest and dividends), less all liabilities (including
accrued expenses, dividends declared but unpaid and any borrowings of the Fund)
by the total number of Common Shares outstanding.
The Fund's investments are valued daily at market value or, in the absence of
market value with respect to any portfolio securities, at fair value in
accordance with valuation procedures adopted by the Fund's Board of Trustees. A
majority of the Fund's assets are valued using market information supplied by
third parties. In the event that market quotations are not readily available,
the pricing service does not provide a valuation for a particular asset, or the
valuations are deemed unreliable, First Trust Advisors L.P. ("First Trust") may
use a fair value method to value the Fund's securities and other investments.
Additionally, if events occur after the close of the principal markets for
particular securities (e.g., domestic debt and foreign securities), but before
the Fund values its assets, that could materially affect NAV, First Trust may
use a fair value method to value the Fund's securities and other investments.
The use of fair value pricing by the Fund is governed by valuation procedures
adopted by the Fund's Board of Trustees, and in accordance with the provisions
of the Investment Company Act of 1940, as amended (the "1940 Act").
Foreign securities traded outside the United States are generally valued as of
the time their trading is complete, which is usually different from the close of
the NYSE. Occasionally, events affecting the value of such securities may occur
between such times and the close of the NYSE that will not always be reflected
in the computation of the value of such securities. If events materially
affecting the value of such securities occur during such period, these
securities will be valued at their fair value according to valuation procedures
adopted by the Fund's Board of Trustees. All securities and other assets of the
Fund initially expressed in foreign currencies will be converted to U.S. dollars
using exchange rates in effect at the time of valuation.
The Senior Floating-Rate Term Loans ("Senior Loans") in which the Fund invests
are not listed on any securities exchange or board of trade. Senior Loans are
typically bought and sold by institutional investors in individually negotiated
private transactions that function in many respects like an over-the-counter
secondary market, although typically no formal market-makers exist. This market,
while having grown substantially in the past several years, generally has fewer
trades and less liquidity than the secondary market for other types of
securities. Some Senior Loans have few or no trades, or trade infrequently, and
information regarding a specific Senior Loan may not be widely available or may
be incomplete. Accordingly, determinations of the market value of Senior Loans
may be based on infrequent and dated information. Because there is less
reliable, objective data available, elements of judgment may play a greater role
in valuation of Senior Loans than for other types of securities. Typically,
Senior Loans are valued using information provided by an independent third party
pricing service. If the pricing service cannot or does not provide a valuation
for a particular Senior Loan or such valuation is deemed unreliable, First Trust
may value such Senior Loan at a fair value according to valuation procedures
adopted by the Fund's Board of Trustees, and in accordance with the provisions
of the 1940 Act.
Portfolio securities listed on any exchange, other than the NASDAQ National
Market ("NASDAQ") and the London Stock Exchange Alternative Investment Market
("AIM"), are valued at the last sale price on the business day as of which such
value is being determined. Securities listed on the NASDAQ or the AIM are valued
at the official closing price on the business day as of which such value is
being determined. If there has been no sale on such day, or official closing
price in the case of securities traded on the NASDAQ or the AIM, the securities
are valued at the mean of the most recent bid and ask prices on such day.
Portfolio securities traded on more than one securities exchange are valued at
the last sale price or official closing price, as applicable, on the business
day as of which such value is being determined at the close of the exchange
representing the principal market for such securities. Portfolio securities
traded in the over-the-counter market, but excluding securities trading on the
NASDAQ and the AIM, are valued at the closing bid prices. Short-term investments
that mature in less than 60 days when purchased are valued at amortized cost.
In September 2006, the Financial Accounting Standards Board issued Statement of
Financial Accounting Standards No. 157, Fair Value Measurements ("FAS 157"),
effective for fiscal years beginning after November 15, 2007. This standard
clarifies the definition of fair
Page 6
NOTES TO QUARTERLY PORTFOLIO OF INVESTMENTS - (CONTINUED)
MACQUARIE/FIRST TRUST GLOBAL INFRASTRUCTURE/UTILITIES DIVIDEND & INCOME FUND
AUGUST 31, 2008 (UNAUDITED)
value for financial reporting, establishes a framework for measuring fair value
and requires additional disclosures about the use of fair value measurements.
FAS 157 became effective for the Fund as of December 1, 2007, the beginning of
its current fiscal year. The three levels of the fair value hierarchy under FAS
157 are described below:
- Level 1 - quoted prices in active markets for identical securities
- Level 2 - other significant observable inputs (including quoted prices
for similar securities, interest rates, prepayment speeds,
credit risk, etc.)
- Level 3 - significant unobservable inputs (including the Fund's own
assumptions in determining the fair value of investments)
The inputs or methodology used for valuing securities are not necessarily an
indication of the risk associated with investing in those securities. A summary
of the inputs used to value the Fund's net assets as of August 31, 2008 is
included with the Fund's Portfolio of Investments.
B. REPURCHASE AGREEMENTS:
The Fund engages in repurchase agreement transactions. Under the terms of a
typical repurchase agreement, the Fund takes possession of an underlying debt
obligation subject to an obligation of the seller to repurchase, and the Fund to
resell, the obligation at an agreed-upon price and time, thereby determining the
yield during the Fund's holding period. This arrangement results in a fixed rate
of return that is not subject to market fluctuations during the Fund's holding
period. The value of the collateral is at all times at least equal to the total
amount of the repurchase obligation, including interest. In the event of
counterparty default, the Fund has the right to use the collateral to offset
losses incurred. There is potential loss to the Fund in the event the Fund is
delayed or prevented from exercising its rights to dispose of the collateral
securities, including risk of possible decline in the value of the underlying
securities during the period while the Fund seeks to assert its rights. The Fund
reviews the value of the collateral and the creditworthiness of those banks and
dealers with which the Fund enters into repurchase agreements to evaluate
potential risks. At August 31, 2008, there were no outstanding repurchase
agreements.
C. SECURITIES TRANSACTIONS:
Securities transactions are recorded as of the trade date. Realized gains and
losses from securities transactions are recorded on an identified cost basis.
Distributions received from the Fund's investments in Master Limited
Partnerships ("MLPs") generally are comprised of return of capital from the MLP
to the extent of the cost basis of such MLP investments.
Securities purchased or sold on a when-issued or delayed-delivery basis may be
settled a month or more after the trade date; interest income on such securities
is not accrued until settlement date. The Fund maintains liquid assets with a
current value at least equal to the amount of its when-issued or
delayed-delivery purchase commitments. At August 31, 2008, the Fund had no
when-issued or delayed-delivery purchase commitments.
D. UNFUNDED LOAN COMMITMENTS:
The Fund may enter into certain credit agreements, all or a portion of which may
be unfunded. The Fund had unfunded delayed draw loan commitments of $198,904 as
of August 31, 2008. The Fund is obligated to fund these loan commitments at the
borrower's discretion.
Page 7
ITEM 2. CONTROLS AND PROCEDURES.
(a) The registrant's principal executive and principal financial officers,
or persons performing similar functions, have concluded that the
registrant's disclosure controls and procedures (as defined in Rule
30a-3(c) under the Investment Company Act of 1940, as amended (the "1940
Act") (17 CFR 270.30a-3(c))) are effective, as of a date within 90 days
of the filing date of the report that includes the disclosure required
by this paragraph, based on their evaluation of these controls and
procedures required by Rule 30a-3(b) under the 1940 Act (17 CFR
270.30a-3(b)) and Rules 13a-15(b) or 15d-15(b) under the Securities
Exchange Act of 1934, as amended (17 CFR 240.13a-15(b) or
240.15d-15(b)).
(b) There were no changes in the registrant's internal control over
financial reporting (as defined in Rule 30a-3(d) under the 1940 Act (17
CFR 270.30a-3(d)) that occurred during the registrant's last fiscal
quarter that have materially affected, or are reasonably likely to
materially affect, the registrant's internal control over financial
reporting.
ITEM 3. EXHIBITS.
Certifications pursuant to Rule 30a-2(a) under the 1940 Act and Section 302 of
the Sarbanes-Oxley Act of 2002 are attached hereto.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934 and the
Investment Company Act of 1940, the registrant has duly caused this report to be
signed on its behalf by the undersigned, thereunto duly authorized.
(Registrant) MACQUARIE/FIRST TRUST GLOBAL INFRASTRUCTURE/UTILITIES DIVIDEND &
INCOME FUND
By (Signature and Title)* /S/ JAMES A. BOWEN
-------------------------------------------------------
James A. Bowen, Chairman of the Board, President and
Chief Executive Officer
(principal executive officer)
Date OCTOBER 20, 2008
----------------------------------------------------------------------------
Pursuant to the requirements of the Securities Exchange Act of 1934 and the
Investment Company Act of 1940, this report has been signed below by the
following persons on behalf of the registrant and in the capacities and on the
dates indicated.
By (Signature and Title)* /S/ JAMES A. BOWEN
-------------------------------------------------------
James A. Bowen, Chairman of the Board, President and
Chief Executive Officer
(principal executive officer)
Date OCTOBER 20, 2008
----------------------------------------------------------------------------
By (Signature and Title)* /S/ MARK R. BRADLEY
-------------------------------------------------------
Mark R. Bradley, Treasurer, Controller, Chief
Financial Officer and Chief Accounting Officer
(principal financial officer)
Date OCTOBER 20, 2008
----------------------------------------------------------------------------
* Print the name and title of each signing officer under his or her signature.