Small MEGI Insider Purchase Signals Incremental Confidence at $14

Rhea-AI Filing Summary

Form 4 Overview: On 06/26/2025, Portfolio Manager Jeremy Anagnos reported an open-market purchase (Code “P”) of the NYLI CBRE Global Infrastructure Megatrends Term Fund (Ticker: MEGI).

The filing shows acquisition of 235 common shares at $14.0035 each, bringing Anagnos’s direct holdings to 27,500 shares. No derivative transactions were reported. Given the fund’s typical daily trading volume and share count, the size of this purchase is modest and unlikely to affect overall ownership structure but does indicate incremental insider confidence.

Positive

• Insider purchase: 235 shares acquired at $14.0035, increasing the manager’s direct stake to 27,500 shares.

Negative

• None.

Insights

Securities Analyst

TL;DR: Small insider buy (235 sh) at $14.00; signal mildly positive but not materially impactful.

The Form 4 discloses a routine, sub-$4k purchase by Portfolio Manager Jeremy Anagnos, lifting his direct stake to 27,500 shares. The Code “P” denotes an open-market purchase, which is usually interpreted as a vote of confidence. However, the incremental buy represents only a fraction of outstanding shares and is therefore immaterial to fund economics or float. No option or derivative activity was recorded, limiting complexity. For investors, the filing carries a low informational weight: it neither alters control dynamics nor signals strategic change, but it does eliminate any immediate concerns about insider selling.

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

Anagnos Jeremy

(Last) (First) (Middle)

555 EAST LANCASTER AVENUE

SUITE 120

(Street)

RADNOR PA 19087

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

3. Date of Earliest Transaction (Month/Day/Year)
06/26/2025

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
NYLI CBRE Global Infrastructure Megatrends Term Fund	06/26/2025		P		235	A	$14.0035	27,500	D

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:

	Jeff Chang	06/27/2025
	** 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

What did MEGI insider Jeremy Anagnos buy on 06/26/2025?

He purchased 235 common shares of the fund at $14.0035 per share.

How many MEGI shares does Jeremy Anagnos own after the transaction?

His direct holdings increased to 27,500 shares.

Was the MEGI insider trade a purchase or sale?

It was an open-market purchase (Transaction Code “P”).

Did the filing report any derivative transactions for MEGI?

No, no derivative securities were reported in Table II.

Does this Form 4 indicate use of a Rule 10b5-1 trading plan?

The form includes the checkbox, but it is not marked, so no 10b5-1 plan was indicated.