Company MainStay CBRE Global Infrastructure Megatrends Term Fund

Equities

MEGI

US56064Q1076

Closed End Funds

End-of-day quote Nyse 18:00:00 2024-06-26 EDT 5-day change 1st Jan Change
12.7 USD +1.11% Intraday chart for MainStay CBRE Global Infrastructure Megatrends Term Fund +1.93% -2.16%

Business Summary

MainStay CBRE Global Infrastructure Megatrends Term Fund (the Fund) is a non-diversified, closed-end management investment company. The Fund's investment objective is to seek a high level of total return with an emphasis on current income. The Fund invests at least 80% of its assets (net assets plus borrowings for investment purposes) in securities issued by infrastructure companies. The Fund seeks to achieve its investment objective by investing primarily in income-producing equity securities issued by infrastructure companies, including common stock, preferred stock, convertible securities and rights or warrants to buy common stocks. The Fund may also invest up to 20% of its assets in fixed income securities of infrastructure companies. New York Life Investments serves as the investment adviser of the Fund. CBRE Investment Management Listed Real Assets LLC serves as the Fund's subadvisor.

Managers

Managers TitleAgeSince
Chief Executive Officer 50 20-12-31
Director of Finance/CFO 60 20-12-31
Compliance Officer 56 22-05-31
Chief Administrative Officer 65 20-12-31
Compliance Officer 55 20-12-31
General Counsel 56 20-12-31

Members of the board

Members of the board TitleAgeSince
Director/Board Member 66 21-05-31
Director/Board Member 57 23-06-06
Director/Board Member 65 21-05-31
Director/Board Member 72 21-05-31
Director/Board Member 73 21-05-31
Director/Board Member 77 20-12-31
Director/Board Member 72 21-05-31
Director/Board Member 67 21-12-30

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 52,047,534 48,178,914 ( 92.57 %) 0 92.57 %

Shareholders

NameEquities%Valuation
Saba Capital Management LP
11.01 %
5,730,239 11.01 % 75 M $
Saba Capital Management LP
10.58 %
5,507,053 10.58 % 72 M $
Parametric Portfolio Associates LLC
6.899 %
3,591,015 6.899 % 47 M $
Raymond James & Associates, Inc.
2.953 %
1,536,912 2.953 % 20 M $
Penserra Capital Management LLC
1.782 %
927,433 1.782 % 12 M $
Karpus Management, Inc.
1.747 %
909,177 1.747 % 12 M $
RBC Trust Co. Delaware Ltd.
1.403 %
730,386 1.403 % 10 M $
Bank of America, NA (Charlotte, North Carolina)
1.037 %
539,673 1.037 % 7 M $
Wells Fargo Advisors Financial Network LLC
0.9833 %
511,796 0.9833 % 7 M $
Advisor Partners II LLC
0.9105 %
473,875 0.9105 % 6 M $

Company contact information

MainStay CBRE Global Infrastructure Megatrends Term Fund

51 Madison Avenue

10010, New York

+212-576-7000

address MainStay CBRE Global Infrastructure Megatrends Term Fund(MEGI)
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