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.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Saba Capital Management, L.P.

(Last) (First) (Middle)

405 LEXINGTON AVENUE

58TH FLOOR

(Street)

NEW YORK NY 10174

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
NYLI CBRE Global Infrastructure Megatrends Term Fund [ MEGI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
01/13/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	01/13/2026		S		82,608	D	$13.74	5,271,557	I	-
Common Stock	01/14/2026		S		28,298	D	$13.8	5,243,259	I	-

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

	Saba Capital Management, L.P. By: Zachary Gindes	01/15/2026
	Boaz Weinstein	01/15/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

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).

How many MEGI shares did Saba Capital sell and at what prices?

On January 13, 2026, Saba Capital sold 82,608 MEGI common shares at $13.74 per share. On January 14, 2026, it sold 28,298 shares at $13.80 per share.

How many MEGI shares does Saba Capital beneficially own after the reported sales?

Following the reported transactions, Saba Capital disclosed beneficial ownership of 5,243,259 MEGI common shares, held on an indirect basis.

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.