Loading…
Loading…
The NYLI CBRE Global Infrastructure Megatrends Term Fund has its main operations located in New York, New York.
Is MEGI's expense ratio expensive, average, or a steal for its category?
Pro reveals the verdict on a 5-tier spectrum calibrated against ICI 2025 industry averages, with strategy-aware bands so the comparison is meaningful.
NEW YORK--(BUSINESS WIRE)--NYLIM CBRE Global Infrastructure Megatrends Term Fund (the "Fund") (NYSE: MEGI) today announced the availability of the Section 19(a) notice for October 2026. The Fund's current annualized distribution rate is 10.81% based upon the closing price of $13.88 on October 12, 2026, and 9.75% based upon the Fund's closing NAV of $15.39 as of the same date. The distribution schedule for the fund can be found here. Data as of 10/31/2026 Source Current Distribution per Share.
NYLIM CBRE Global Infrastructure Megatrends Term Fund (MEGI) is rated Buy, offering infrastructure exposure at a ~10% NAV discount and strong AI-related tailwinds. MEGI's 11% dividend is attractive but relies heavily on realized capital gains, requiring sustained high single-digit to low double-digit NAV returns to avoid NAV erosion. Leverage (22.5%) amplifies both upside and downside, while the term structure (liquidation by 2033) provides optionality for discount narrowing.
New York Life Investment Management Global Infrastructure Megatrends Term Fund offers a 10.9% yield and trades at a 9.9% discount to NAV. MEGI has a defined 12-year term structure, with potential liquidation around December 2033, creating a possible value realization event for shareholders. However, the fund is down over 30% from its $20/share inception price, raising questions about whether this presents an opportunity or a warning.
NYLI CBRE Global Infrastructure Megatrends Term Fund (NYSE: MEGI - Get Free Report) was the recipient of a significant growth in short interest in the month of September. As of September 30th, there was short interest totaling 72,237 shares, a growth of 141.7% from the September 15th total of 29,889 shares. Based on an average daily
NYLIM CBRE Global Infrastructure Megatrends Term Fund is rated Hold, reflecting limited price appreciation potential despite a 10.91% distribution yield and a ~10% NAV discount. MEGI's fiscal 2026 distributions were covered by investment income and realized gains, but net investment income covered only 27%, raising sustainability concerns if market conditions weaken. Since inception, MEGI's annualized NAV return (4.99%) lags its infrastructure benchmark (7.20%), with leverage amplifying both gains and risks.