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.
NYLI CBRE Global Infrastructure Megatrends Term Fund (NYSE: MEGI) is a non-diversified, closed-end management investment company that seeks a high level of total return with an emphasis on current income. It invests primarily in income-producing equity securities issued by infrastructure companies and aligns its strategy with megatrends such as decarbonization, digital transformation and asset modernization. The fund’s common shares trade on the New York Stock Exchange, and its communications highlight both market and income considerations for shareholders.
This news page aggregates updates and official announcements related to MEGI. Recent items include declarations of monthly distributions, details of Section 19(a) notices, and information on the estimated sources of distributions between net investment income, realized capital gains and return of capital or other capital sources. The fund regularly reports its annualized distribution rate in relation to its closing market price and NAV for specified dates, along with performance measures such as average annual total return in relation to NAV and cumulative total return for defined fiscal periods.
Readers can use this news feed to follow how MEGI’s Board of Trustees sets and reviews the monthly distribution, as well as to see how distribution sources evolve over time. Notices also explain that amounts and sources of distributions are estimates, that future earnings cannot be guaranteed and that the distribution policy is subject to change. For investors who monitor income-focused, infrastructure-related closed-end funds, this page offers a centralized view of MEGI’s distribution declarations, Section 19(a) notices and other official fund announcements.
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.
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