NYLI CBRE Global Infras Megatrends Term Stock Price, News & Analysis

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.

The MainStay CBRE Global Infrastructure Megatrends Fund (NYSE: MEGI) has declared its monthly distribution of $0.1083 per common share for April 2023, representing an annualized distribution rate of 6.5% based on its IPO price of $20.00. The distribution schedule includes an ex-dividend date on April 21, 2023, a record date on April 24, 2023, and a payable date on April 28, 2023.

As of April 30, 2023, the current distribution is sourced primarily from net investment income, accounting for 68% of the total, while cumulative distributions for the fiscal year to date total $1.1913. It is notable that the Fund's annualized total return since inception is -5.08%.

MainStay CBRE Global Infrastructure Megatrends Fund (NYSE: MEGI) has announced a monthly distribution of $0.1083 per common share for March 2023, reflecting an annualized distribution rate of 6.5% based on the IPO price of $20.00. The ex-dividend date is March 23, 2023, with a record date of March 24, 2023, and payable on March 31, 2023. For this distribution, 75% comes from net investment income, 3% from net realized short-term capital gains, and 22% from net realized long-term capital gains. The fund's annualized total return is -7.34% as of February 28, 2023.

The MainStay CBRE Global Infrastructure Megatrends Fund (NYSE: MEGI) has announced a monthly distribution of $0.1083 per common share for February 2023, equating to an annualized distribution rate of 6.5% based on its IPO price of $20.00. The ex-dividend date is set for February 23, 2023, with a record date of February 24, 2023 and payable date on February 28, 2023. The distribution sources include 87% from net investment income and 3% from net realized short-term capital gains. As of January 31, 2023, the fund reported an annualized total return of -2.85% since inception.

The MainStay CBRE Global Infrastructure Megatrends Fund (NYSE: MEGI) announced its monthly distribution of $0.1083 per common share for January 2023, reflecting an annualized rate of 6.5% based on the initial public offering price of $20.00 per share. The ex-dividend date is set for January 20, 2023, with the record date on January 23, 2023 and payments made on January 31, 2023. Estimated sources of the current distribution include $0.1043 from net investment income and $0.0018 from realized short-term capital gains. The Fund's performance data shows an annualized total return of -9.36% since inception.

MainStay CBRE Global Infrastructure Megatrends Fund (NYSE: MEGI) has scheduled a webinar for January 18, 2023, at 4:00 PM ET, where the portfolio management team will discuss updates and outlook for the fund. Investors can submit questions via email until January 17, 2023, at 12:00 PM ET. The fund, which is a closed-end fund investing in income-producing equity securities from infrastructure companies, aims to distribute its net investment income to shareholders, although no regular distributions are guaranteed.

The MainStay CBRE Global Infrastructure Megatrends Fund (NYSE: MEGI) has announced a monthly distribution of $0.1083 per share for December 2022, representing an annualized rate of 6.5% based on the initial IPO price of $20.00. Key dates include the ex-dividend date on December 23, record date on December 27, and payable date on December 30. The Fund's distributions are subject to change based on its investment experience and will be reported for tax purposes via Form 1099-DIV. A detailed source breakdown of the distribution includes net investment income and short-term capital gains.

MainStay CBRE Global Infrastructure Megatrends Fund (NYSE: MEGI) announced its monthly distribution of $0.1083 per common share for November 2022, reflecting an annualized rate of 6.5% based on the $20.00 IPO price. The ex-dividend date is set for November 23, 2022, with a record date of November 25, 2022, and payable date of November 30, 2022. The Fund's board reviews distributions quarterly based on net investment income and capital gains. The Fund's performance since inception shows a cumulative total return of -18.09%.

MainStay CBRE Global Infrastructure Megatrends Fund (NYSE: MEGI) has announced its monthly distribution of $0.1083 per common share for October 2022, translating to an annualized rate of 6.5% based on an IPO price of $20.00. Notable dates include the ex-dividend date on October 21, 2022, record date on October 24, 2022, and payable date on October 31, 2022. The fund’s distribution reflects net investment income and gains, but future earnings and distributions are not guaranteed. Shareholders should note potential tax implications of these distributions.