MainStay CBRE Global Infrastructure Megatrends Fund (NYSE: MEGI) Announces Portfolio Manager Update Webinar Tuesday, April 18, 2023
MainStay CBRE Global Infrastructure Megatrends Fund (NYSE: MEGI) has announced a webinar scheduled for April 25, 2023, at 4:00 PM ET with its portfolio management team. This session aims to provide an update on the portfolio and the market outlook for the coming year. Participants can submit questions to the management team in advance. The announcement emphasizes the Fund's commitment to transparency and investor engagement.
It is important to note that there are no guarantees regarding the Fund's future monthly distributions or their amounts. The Fund is a closed-end entity primarily investing in income-generating equity securities from infrastructure companies. Investors should understand that there are inherent risks, including potential losses, and the Fund's past performance does not guarantee future results.
- Scheduled webinar for portfolio update indicates proactive investor communication.
- Focus on infrastructure investment aligns with current market trends.
- No assurance of future monthly distributions or specific rates could concern investors.
- Inherent investment risks including potential loss of capital may deter risk-averse investors.
NEW YORK, April 18, 2023 /PRNewswire/ -- MainStay CBRE Global Infrastructure Megatrends Fund (NYSE: MEGI) (the "Fund") has announced a webinar with the portfolio management team, to be held on Tuesday, April 25, 2023 at 4:00 PM ET. During the webinar, the team will provide an update on the portfolio and outlook for the year ahead.
Questions for the portfolio management team may be submitted in advance to the following email address: product_management@nylim.com. Details for the webinar are below.
Webinar Details:
Register for the webinar here
Disclosures:
There is no assurance the Fund will continue to make any regular monthly distributions or that it will do so at a particular rate.
You should not draw any conclusions about the Fund's investment performance from the amount of its distribution to shareholders.
The Fund is a closed-end fund, which is traded on the New York Stock Exchange and invests primarily in income-producing equity securities issued by infrastructure companies. Holdings are subject to change. Past performance is no guarantee of future results.
The Fund's daily New York Stock Exchange closing prices, net asset values per share, as well as other information are available by calling the Fund's shareholder servicing agent (855) 456-9683.
Before considering an investment in the Fund, you should understand that you could lose money. There are risks inherent in all investments. The Fund's risks include: New Fund Risk, No Operating History Risk, Limited Term Risk, Infrastructure Industry Risk, Leverage Risk, Equity Securities Risk: Foreign Securities Risk, Convertible Securities Risk: Debt Securities Risk, Maturity Risk, Investment and Market Discount Risk: Dividend Paying Securities Risk, Discount from Net Asset Value Risk and Emerging Markets Risk.
Investors should consider the investment objectives, risks, charges and expenses of the Fund carefully before investing. The Fund's prospectus, which contains this and other information about the Fund, should be read carefully before investing. A copy of the final prospectus relating to this Fund may be obtained by contacting your financial advisor, or by calling 800-624-6782.
About New York Life Investments
With over
*AUM includes assets of Investment Advisors affiliated with New York Life Insurance Company. AUM for Candriam and Ausbil is reported at the spot rate.
"New York Life Investments" is both a service mark, and the common trade name, of certain investment advisors affiliated with New York Life Insurance Company.
About CBRE Investment Management Listed Real Assets LLC
CBRE Investment Management Listed Real Assets LLC is the listed real assets arm of CBRE Investment Management, a leading global real assets investment management firm, with
CBRE Investment Management is an independently operated affiliate of CBRE Group, Inc. (NYSE:CBRE), the world's largest commercial real estate services and investment firm (based on 2022 revenue). CBRE has approximately 115,000 employees (excluding Turner & Townsend employees) serving clients in more than 100 countries. CBRE Investment Management harnesses CBRE's data and market insights, investment sourcing and other resources for the benefit of its clients. For more information, please visit www.cbreim.com.
*Assets under management (AUM) refers to the fair market value of real assets-related investments with respect to which CBRE Investment Management provides, on a global basis, oversight, investment management services and other advice and which generally consist of investments in real assets; equity in funds and joint ventures; securities portfolios; operating companies and real assets-related loans. This AUM is intended principally to reflect the extent of CBRE Investment Management's presence in the global real assets market, and its calculation of AUM may differ from the calculations of other asset managers and from its calculation of regulatory assets under management for purposes of certain regulatory filings.
This press release is not an offer to sell securities and is not a solicitation of an offer to buy securities, nor will there be any sales of securities in any jurisdiction where the offer or sale is not permitted.
New York Life Investment Management LLC engages the services of SEC-registered advisors. CBRE Investment Management Listed Real Assets (CBRE Investment Management) is unaffiliated with New York Life Investment Management LLC. The MainStay Funds® are managed by New York Life Investment Management LLC and distributed by NYLIFE Distributors LLC, 30 Hudson Street, Jersey City, NJ 07302, a wholly owned subsidiary of New York Life Insurance Company. NYLIFE Distributors LLC is a Member FINRA/SIPC.
Media Contacts:
New York Life Investments:
Allison Scott / Allison_Scott@nylim.com
Sara Guenoun / Sara_J_Guenoun@newyorklife.com
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SOURCE New York Life Investments
FAQ
What is the date and time of the MEGI webinar?
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What does the MainStay CBRE Global Infrastructure Megatrends Fund invest in?
Is there a guarantee on the Fund's monthly distributions?