Cantor Fitzgerald Infrastructure Fund Announces Third Quarter 2023 Distribution
October 11, 2023 | Cantor Fitzgerald
Cantor Fitzgerald Infrastructure Fund (the “Fund”) announced a thirdquarter distribution of $0.0696 per Class A share (NASDAQ: CAFIX), $0.0693 per Class C share (NASDAQ: CFCIX) and $0.0696 per Class I share (NASDAQ: CFIIX) representing a 2.75% annualized distribution rate, its fourth consecutive quarterly distribution and fourth consecutive increase.1
The Fund is diversified2 geographically and across multiple infrastructure sectors, including electric utilities, independent power, renewable electric producers, water utilities, digital infrastructure, and various other infrastructure sectors.
The Fund’s investment objective is to maximize total return, with an emphasis on current income, while seeking to invest in issuers that are helping to address certain United Nations Sustainable Goals through their products and services. The Fund pursues its investment objective by strategically investing in a portfolio of private institutional infrastructure investment funds as well as public infrastructure securities. The Fund’s strategy is centered around three global megatrends expected to shape our future markets: (i) digital transformation, (ii) energy transition, and (iii) the enhancement of aging infrastructure.
1The Fund’s distribution policy is to make quarterly distributions to shareholders. The level of quarterly distributions (including any return of capital) is not fixed, and this distribution policy is subject to change. Shareholders should not assume that the source of a distribution from the Fund is net profit. All or a portion of the distributions consist of a return of capital based on the character of the distributions received from the underlying holdings. The final determination of the source and tax characteristics of all distributions will be made after the end of each year. Shareholders should note that return of capital will reduce the tax basis of their shares and potentially increase the taxable gain, if any, upon disposition of their shares. There is no assurance that the Fund will continue to declare distributions or that they will continue at these rates. There can be no assurance that any investment will be effective in achieving the Fund’s investment objectives, delivering positive returns, or avoiding losses.
2For purposes of the Investment Company Act of 1940 (the “1940 Act”), the Fund is classified as a nondiversified fund, which means the Fund may invest more than 5% of its total assets in the securities of one or more issuers. However, among the issuers in which the Fund invests, the Fund intends to seek exposure across multiple infrastructure sectors (e.g., renewables, communications, and transportation), managers, and geographic locations. As used herein, the terms “diversify,” “diversified,” and “diversification” are meant to reference the type of diversification referenced in the foregoing sentence and not the Fund’s diversification status under the 1940 Act. Accordingly, changes in the financial condition or market value of a single issuer may cause a greater fluctuation in the Fund’s net asset value than in a 1940 Act diversified fund. The Fund is not intended to be a complete investment program.
About Cantor Fitzgerald Infrastructure Fund
Cantor Fitzgerald Infrastructure Fund is a continuously offered, closed-end interval fund registered under the Investment Company Act of 1940 (the “1940 Act”). The Fund’s investment objective is to maximize total return with an emphasis on current income while seeking to invest in issuers that are aligned with certain United Nations Sustainable Development Goals. To learn more, visit www.cantorinfrastructurefund.com
About Cantor Fitzgerald Investment Advisors
The Fund’s investment adviser is Cantor Fitzgerald Investment Advisors, L.P., an SEC registered investment advisor, a division of Cantor Fitzgerald Asset Management, and a wholly owned subsidiary of Cantor Fitzgerald, L.P. (together with affiliates, “Cantor Fitzgerald”). Founded in 1945 and now with over 11,500 employees, Cantor Fitzgerald is a global financial services firm with significant real estate, infrastructure, capital markets, research, and investment expertise providing investment management, asset management and advisory services to investors in global fixed income, equities, and real asset markets. For more information, visit www.cantor.com.
Investors should consider the investment objectives, risks, and charges and expenses of the Fund before investing. The prospectus contains this and other information about the Fund and should be read carefully before investing. The prospectus may be obtained by calling (855) 9-CANTOR / (855) 922-6087.
