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

MainStay CBRE Global Infrastructure Megatrends Closed-End Fund (NYSE: MEGI) has declared a monthly distribution of $0.1083 per share, set for payment on June 15, 2022. The distribution sources include 93% from net investment income and 6% from net realized short-term capital gains, with minimal contributions from long-term gains or return of capital. Cumulative distributions for the fiscal year amount to $0.6498. The Fund's managed distribution policy aims to provide consistent distributions; however, future distributions are not guaranteed.

MainStay CBRE Global Infrastructure Megatrends Closed-End Fund (NYSE: MEGI) has announced a monthly distribution of $0.1083 per share for shareholders of record as of May 16, 2022. The distribution sources include $0.0969 (89%) from net investment income, $0.0107 (10%) from net realized short-term gains, and $0.0007 (1%) from net realized long-term gains. The fund follows a managed distribution policy aiming for consistent monthly payments, though it is not guaranteed. Total cumulative distributions for this fiscal year amount to $0.5415.

MainStay CBRE Global Infrastructure Megatrends Fund (NYSE: MEGI) will hold a conference call with the CBRE Investment Management portfolio management team on April 27, 2022, at 4:00 PM ET. The call will provide updates on the portfolio and future outlook. Questions can be submitted via email until April 25, 2022, at 8:00 PM ET. The details, including the Zoom link and dial-in information, will be available on the New York Life Investments website. New York Life Investments manages over $700 billion in assets as of December 31, 2021.

MainStay CBRE Global Infrastructure Megatrends Fund (NYSE: MEGI) announced a monthly distribution of $0.1083 per share for shareholders as of April 14, 2022. The distribution sources include 92% from net investment income and 7% from net realized short-term capital gains. The fund aims to provide consistent distributions under its managed distribution policy, although there is no guarantee of future payments. As of March 31, 2022, the average annual total return was 6.02%, and the annualized current distribution rate was 6.23%.

MainStay CBRE Global Infrastructure Megatrends Fund (NYSE: MEGI) announced a monthly distribution of $0.1083 per share for April, May, and June 2022, marking an annualized rate of 6.5% based on a $20.00 IPO price. The distribution schedule reveals critical dates for ex-dividend, record, and payable dates for each month. The press release emphasizes that these distributions are estimates and stresses the inherent risks of investing in the fund, including new fund risk and infrastructure industry risk. For more information, shareholders can access the fund's website.

MainStay CBRE Global Infrastructure Megatrends Fund (NYSE: MEGI) announced a monthly distribution of $0.1083 per share for shareholders as of the record date March 15, 2022. The distribution primarily comes from net investment income (96%) and net realized short-term capital gains (4%). For the fiscal year to date, the cumulative distribution per share is $0.3249, representing a total return of 2.29% in relation to net asset value (NAV). The Fund employs a managed distribution policy to provide consistent monthly distributions, subject to Board review.

MainStay CBRE Global Infrastructure Megatrends Fund (NYSE: MEGI) announced a monthly distribution of $0.1083 per share to shareholders recorded as of February 15, 2022. The distribution comprises:

• Net Investment Income: $0.1037 (96%)
• Net Realized Short-Term Capital Gains: $0.0044 (4%)
• Net Realized Long-Term Capital Gains: $0.0002 (0%)
• Return of Capital: $0

The Fund targets a sustainable monthly distribution per its managed distribution policy, although no guarantee is made about future distributions.

MainStay CBRE Global Infrastructure Megatrends Closed-End Fund (NYSE: MEGI) announced a monthly distribution of $0.1083 per share to shareholders as of January 14, 2022. This distribution is derived primarily from net investment income ($0.1033 or 96%) and net realized short-term capital gains ($0.0046 or 4%), with no contributions from long-term capital gains or return of capital. The Fund follows a managed distribution policy and aims to provide consistent monthly distributions based on its income and gains, with reviews conducted quarterly by its Board of Trustees.

New York Life Investments appointed Karen Hammond as a Class II Trustee for the MainStay MacKay DefinedTerm Municipal Opportunities Fund (MMD) and MainStay CBRE Global Infrastructure Megatrends Fund (MEGI), effective December 31, 2021. Hammond replaces Richard H. Nolan, Jr., who has retired after serving as a Trustee since 2006. Hammond brings over 30 years of investment management experience, having previously worked with Fidelity Investments, where she held senior roles. The board for each fund remains at seven, with six independent trustees.