Saba Capital trims NYLI CBRE Global Infrastructure Megatrends (NYSE: MEGI)
Rhea-AI Filing Summary
Saba Capital Management, L.P., a 10% owner of NYLI CBRE Global Infrastructure Megatrends Term Fund (MEGI), reported selling common shares in two transactions. On January 13, 2026, it sold 82,608 shares at $13.74 per share, and on January 14, 2026, it sold 28,298 shares at $13.80 per share, for a total of 110,906 shares sold.
After these sales, Saba Capital reported 5,243,259 MEGI common shares beneficially owned on an indirect basis. The filing is made by one reporting person and covers only non-derivative common stock, with no derivative securities reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 28,298 | $13.80 | $391K |
| Sale | Common Stock | 82,608 | $13.74 | $1.14M |
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
Who reported the insider transactions for MEGI?
The transactions were reported by Saba Capital Management, L.P., which is identified as a 10% owner of NYLI CBRE Global Infrastructure Megatrends Term Fund (MEGI).
What MEGI transactions did Saba Capital report on this Form 4?
Saba Capital reported two sales of common stock: one on January 13, 2026 and another on January 14, 2026, both classified as transaction code S (sale).
Are the reported MEGI holdings direct or indirect for Saba Capital?
The Form 4 identifies Saba Capital’s beneficial ownership of MEGI common stock as indirect, with the ownership form marked as I in the holdings column.
Were any derivative securities reported in this MEGI Form 4 filing?
No. The filing’s Table II for derivative securities shows no entries, indicating that only non-derivative common stock transactions were reported.