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NYLI CBRE Global Infras Megatrends Term - MEGI STOCK NEWS

Welcome to our dedicated page for NYLI CBRE Global Infras Megatrends Term news (Ticker: MEGI), a resource for investors and traders seeking the latest updates and insights on NYLI CBRE Global Infras Megatrends Term stock.

Overview of NYLI CBRE Global Infras Megatrends Term Fund (MEGI)

NYLI CBRE Global Infras Megatrends Term Fund, trading under the symbol MEGI on the New York Stock Exchange, is a non-diversified, closed-end management investment company that focuses on income-producing equity securities issued by infrastructure companies. At its core, the Fund invests in a spectrum of equity securities including common and preferred stocks as well as convertible instruments, positioning itself to benefit from robust trends in the infrastructure sector.

Core Investment Focus and Strategy

The Fund is strategically aligned with three key megatrends: decarbonization, digital transformation, and asset modernization. It leverages emerging opportunities within these trends to invest in companies that play a critical role in modernizing global infrastructure. This targeted focus allows the Fund to selectively invest in businesses that are crucial to addressing contemporary challenges in energy, technology, and the modernization of physical assets.

Business Model and Income Distribution

Operating as a closed-end fund, MEGI is designed to provide its investors with a high level of total return accompanied by an emphasis on current income. The Fund achieves this by investing in diversified income-producing securities, where the returns are derived not only from traditional dividends but also from strategic capital gains. Monthly distributions are a hallmark of its operational model, offering investors a regular income stream that is derived from the Fund’s net investment income and realized capital gains.

Market Position and Industry Environment

MEGI operates within the dynamic environment of global infrastructure investments, a sector that is central to both economic development and technological advancement. Its investment decisions are informed by deep research into industry trends and market dynamics, ensuring that the portfolio remains aligned with sectors poised for sustainable value creation. The Fund’s focus on infrastructure megatrends, integrated with sophisticated asset management practices, sets it apart from more diversified funds, as it allows investors to gain exposure to a specific yet globally significant segment of the market.

Investment Approach and Risk Considerations

The Fund employs a strategy that emphasizes both income generation and capital preservation. By investing predominantly in income-producing equity securities, it aims to deliver consistent distributions while mitigating risks associated with market volatility. Investors should note that like any investment, MEGI is subject to market risks and fluctuations in net asset value. The strategic emphasis on infrastructure ensures that while the Fund targets steady income, it also navigates the challenges inherent in capital markets without exposing investors to speculative risks.

Sector Expertise and Analytical Rigor

The Fund is managed by professionals with deep expertise in infrastructure investments, employing an analytical approach that ensures each investment is rigorously evaluated against macroeconomic trends and sector-specific drivers. This level of detailed scrutiny and the application of industry-specific insights reflect the Fund’s commitment to delivering an informed and nuanced investment strategy that prioritizes both performance and risk mitigation.

Key Highlights

  • Targeted Megatrend Focus: Invests in companies aligned with decarbonization, digital transformation, and asset modernization.
  • Regular Income Distribution: Structures investments to support monthly income distributions, appealing to income-focused investors.
  • Non-Diversified Approach: Utilizes a closed-end investment model for a concentrated, focused strategy in the global infrastructure space.
  • Expert Management: Leverages deep industry expertise and sophisticated analytical processes to assess investment opportunities.

Conclusion

NYLI CBRE Global Infras Megatrends Term Fund stands as a specialized investment vehicle within the broader infrastructure sector. With an emphasis on key global megatrends and a commitment to generating consistent income distributions, the Fund offers a focused approach to accessing income-producing equities in a complex market environment. Its clear investment strategy, underpinned by industry expertise and a disciplined approach to risk, makes it a noteworthy option for those seeking to gain exposure to the evolving world of global infrastructure investments.

Rhea-AI Summary

NYLI CBRE Global Infrastructure Megatrends Term Fund (NYSE: MEGI) has announced monthly distributions of $0.1250 per common share for March, April, and May 2025. The Fund's current annualized distribution rates are:

  • 11.75% based on closing price of $12.77 (March 12, 2025)
  • 10.45% based on NAV of $14.35 (March 12, 2025)

The Fund's Board of Trustees reviews distributions quarterly, aiming to distribute amounts approximating net investment income and realized capital gains. The Fund indicates it has distributed more than its income and net realized capital gains, suggesting a portion of distributions may be return of capital. This could affect shareholders' tax basis and future tax consequences.

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NYLI CBRE Global Infrastructure Megatrends Term Fund (NYSE: MEGI) has declared its monthly distribution of $0.1250 per common share for February 2025. The Fund's current annualized distribution rate is 12.00% based on the $12.50 closing price and 10.81% based on the $13.88 NAV as of February 11, 2025.

The distribution sources for the fiscal year to date include: 53% from net investment income, 18% from net realized short-term capital gains, 7% from net realized long-term capital gains, and 22% from return of capital. The Fund's performance metrics show an average annual total return of -3.02% since inception (10/27/2021) and a cumulative total return of -1.22% for the current fiscal period.

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NYLI CBRE Global Infrastructure Megatrends Term Fund (NYSE: MEGI) has declared its monthly distribution of $0.1250 per common share for January 2025. The Fund's current annualized distribution rate is 12.31% based on the closing price of $12.19 and 11.07% based on NAV of $13.55 as of January 10, 2025.

The distribution sources for the fiscal year to date include: 60% from net investment income, 20% from net realized short-term capital gains, 8% from net realized long-term capital gains, and 12% from return of capital. The Fund's average annual total return since inception (10/27/2021) through 12/31/2024 is -2.56%, with a cumulative total return of 0.51% for the current fiscal period.

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NYLI CBRE Global Infrastructure Megatrends Term Fund (NYSE: MEGI) has declared its monthly distribution of $0.1250 per common share for December 2024. The Fund's current annualized distribution rate is 11.30% based on the closing price of $13.28 and 10.16% based on NAV of $14.77 as of December 11, 2024.

The distribution sources include: 80% from net investment income ($0.1001), 20% from net realized short-term capital gains ($0.0249), and 0% from long-term capital gains. The Fund's performance metrics show an average annual total return of -0.75% since inception, with a cumulative total return of 6.66% for the fiscal period ending November 30, 2024.

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NYLI CBRE Global Infrastructure Megatrends Term Fund (NYSE: MEGI) has declared its November 2024 monthly distribution of $0.1250 per common share. The Fund's current annualized distribution rate is 11.14% based on the $13.46 closing price and 10.11% based on the $14.83 NAV as of November 12, 2024. The distribution sources include: 4% from net investment income, 71% from net realized short-term capital gains, and 25% from net realized long-term capital gains. The Fund's performance shows a -1.04% average annual total return since inception, with a cumulative total return of 5.78% for the fiscal period ending October 31, 2024.

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NYLI CBRE Global Infrastructure Megatrends Term Fund (NYSE: MEGI) has announced its monthly distribution for October 2024 of $0.1250 per common share. The Fund's current annualized distribution rate is 10.64% based on the closing price of $14.10 and 9.62% based on the NAV of $15.60 as of October 10, 2024.

The distribution breakdown is as follows:

  • 37% from Net Investment Income
  • 43% from Net Realized Short-Term Capital Gains
  • 20% from Net Realized Long-Term Capital Gains

The Fund's average annual total return from inception through September 30, 2024, is 1.06%. The cumulative total return for the fiscal period ending September 30, 2024, is 12.59%. The Fund's Board of Trustees reviews the distribution quarterly, aiming to distribute an amount closely approximating the Fund's net investment income and net realized capital gains during the year.

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NYLI CBRE Global Infrastructure Term Fund (NYSE: MEGI) has announced the certified final voting results of its 2024 Annual Meeting of Shareholders. The results confirm that the incumbent Board members will remain in place, despite a dissident shareholder's proposal of a trustee nominee. Shareholders also ratified the selection of KPMG LLP as the fund's independent registered public accounting firm for the fiscal year ending May 31, 2025.

The Annual Meeting, which reached quorum, was held on September 27, 2024. The final voting results have been certified by First Coast Results, Inc., the independent Inspector of Election, and will be included in the fund's next annual report to shareholders.

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NYLI CBRE Global Infrastructure Megatrends Term Fund (NYSE: MEGI) has declared a monthly distribution of $0.1250 per common share for September 2024. The Fund's current annualized distribution rate is 10.43% based on the closing price of $14.38 on September 12, 2024, and 9.41% based on the NAV of $15.94. The distribution is payable on September 30, 2024, to shareholders of record on September 26, 2024.

The Fund's distribution sources for the current month are: 72% from net investment income, 19% from net realized short-term capital gains, and 9% from net realized long-term capital gains. The Fund's average annual total return since inception (10/27/2021) through 8/31/2024 is -0.76%, while the cumulative total return for the current fiscal period (6/1/2024 - 8/31/2024) is 6.80%.

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MainStay CBRE Global Infrastructure Megatrends Term Fund (NYSE: MEGI) announced its August 2024 monthly distribution of $0.1250 per common share, reflecting a current annualized distribution rate of 11.30% based on the closing price of $13.27 as of August 13, 2024. The distribution rate based on the Fund's NAV of $14.87 is 10.09%. Important dates include the ex-dividend date (August 26, 2024), record date (August 26, 2024), and payable date (August 30, 2024).

The distribution sources are estimated as follows: net investment income (89%), net realized short-term capital gains (4%), and net realized long-term capital gains (7%). The Fund's average annual total return as of July 31, 2024, is -2.47% in relation to NAV. Cumulative total return for the fiscal period ending July 31, 2024, is 1.87%.

The Board of Trustees reviews distributions quarterly, aiming to align them with net investment income and realized gains. Future earnings and distribution rates are not guaranteed.

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MainStay CBRE Global Infrastructure Megatrends Term Fund (NYSE: MEGI) has announced its monthly distribution for July 2024 of $0.1250 per common share. The Fund's current annualized distribution rate is 11.39% based on the closing price of $13.17 on July 11, 2024, and 10.11% based on the NAV of $14.83. The ex-dividend date, record date, and payable date are all set for July 25, 2024, with payment on July 31, 2024.

The Fund's distribution is derived entirely from net investment income. As of June 30, 2024, the Fund reported an average annual total return of -5.10% since inception, and a cumulative total return of 5.11% for the current fiscal period. The Fund's Board of Trustees reviews the distribution quarterly, aiming to distribute an amount closely approximating the Fund's net investment income and net realized capital gains during the year.

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FAQ

What is the current stock price of NYLI CBRE Global Infras Megatrends Term (MEGI)?

The current stock price of NYLI CBRE Global Infras Megatrends Term (MEGI) is $13.42 as of April 1, 2025.

What is the market cap of NYLI CBRE Global Infras Megatrends Term (MEGI)?

The market cap of NYLI CBRE Global Infras Megatrends Term (MEGI) is approximately 698.5M.

What is the primary focus of MEGI?

MEGI targets income-producing equity securities, focusing on infrastructure companies involved in decarbonization, digital transformation, and asset modernization.

How does MEGI generate returns?

The Fund generates returns primarily through current income distributions derived from net investment income and realized capital gains from its portfolio investments.

What type of investment structure does MEGI have?

MEGI is a non-diversified, closed-end management investment company that concentrates on selected infrastructure equity securities.

How are monthly distributions determined?

Monthly distributions are set by the Fund's Board of Trustees and are based on the net investment income and realized gains, aiming to provide a stable income stream to investors.

What risks are associated with MEGI?

As with any investment, MEGI is subject to market risks and fluctuations in its net asset value. Its concentrated focus also means it might be exposed to risks specific to the infrastructure sector.

How does MEGI differentiate itself from other infrastructure funds?

MEGI differentiates itself through its strategic focus on key global megatrends and its specialized approach in managing income-producing investments, combined with expert analysis and rigorous research.

Who should consider investing in MEGI?

Investors seeking exposure to targeted infrastructure sectors and a consistent income stream through monthly distributions may find MEGI appealing, though they should consider the inherent market risks.

Does MEGI provide exposure to global markets?

Yes, the Fund invests in infrastructure companies with a global footprint, allowing investors to benefit from worldwide advancements in key megatrends.
NYLI CBRE Global Infras Megatrends Term

NYSE:MEGI

MEGI Rankings

MEGI Stock Data

698.48M
52.05M
7.5%
58.77%
0.13%
United States
New York