Global Infrastructure Dividend Fund Announces Normal Course Issuer Bid

CALGARY, July 31, 2015 /CNW/ - Global Infrastructure Dividend Fund announced that it has filed a notice with the Toronto Stock Exchange (the "TSX") and received its approval to make a normal course issuer bid ("NCIB") for its units through the facilities of the TSX.  This NCIB will commence on August 7, 2015 and will terminate on August 6, 2016.  In accordance with the Declaration of Trust by which the Fund is governed, market purchases pursuant to its NCIB may be effected by the Fund.

The Fund had 11,841,351 units issued and outstanding as at July 24, 2015.  The Fund may, during the 12 month period commencing August 7, 2015 purchase on the TSX up to 1,178,485 units, being 10% of the public float and may not, in any 30 day period, purchase more than 236,827 units, being 2% of the units issued and outstanding.  The Fund will hold in treasury for resale all units purchased pursuant to the bid.  As at July 24, 2015 the Fund had purchased 803,900 units at an average price of $9.64 per unit under its previously approved normal course issuer bid.  The manager of the Fund believes that such purchases are in the best interest of the Fund and are a desirable use of its available funds.

Global Infrastructure Dividend Fund trades on the Toronto Stock Exchange under the symbol "GIF.UN".

SOURCE Global Infrastructure Dividend Fund

For further information: For further information visit our website at or contact the undersigned: Nancy Tham, Managing Director, Sales and Marketing, (416) 847-5349

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