NEW YORK, July 3, 2024 /PRNewswire/ -- MainStay CBRE Global
Infrastructure Megatrends Term Fund (NYSE: MEGI) (the "Fund") has
announced a webinar with the portfolio management team, led by
Jeremy Anagnos, Principal, CIO,
Listed Infrastructure and David
Leggette, Lead Product Strategist, to be held on
Thursday, July 18, 2024 at
4:00 PM ET. During the webinar, the
team will provide an update on the portfolio and outlook for the
year ahead.
Questions for the portfolio management team may be submitted in
advance to the following email address:
product_management@nylim.com. Details for the webinar are
below.
Webinar Details:
Register for the webinar here.
Disclosures: There is no assurance the Fund will continue to
make any regular monthly distributions or that it will do so at a
particular rate.
You should not draw any conclusions about the Fund's investment
performance from the amount of its distribution to
shareholders.
The Fund is a closed-end fund, which is traded on the New York
Stock Exchange and invests primarily in income-producing equity
securities issued by infrastructure companies. Holdings are subject
to change. Past performance is no guarantee of future results.
The Fund's daily New York Stock Exchange closing prices, net
asset values per share, as well as other information are available
by calling the Fund's shareholder servicing agent (855)
456-9683.
Before considering an investment in the Fund, you should
understand that you could lose money. There are risks inherent in
all investments. The Fund's risks include: New Fund Risk, No
Operating History Risk, Limited Term Risk, Infrastructure Industry
Risk, Leverage Risk, Equity Securities Risk: Foreign Securities
Risk, Convertible Securities Risk: Debt Securities Risk, Maturity
Risk, Investment and Market Discount Risk: Dividend Paying
Securities Risk, Discount from Net Asset Value Risk and Emerging
Markets Risk.
Investors should consider the investment objectives, risks,
charges and expenses of the Fund carefully before investing. The
Fund's prospectus, which contains this and other information about
the Fund, should be read carefully before investing. A copy of the
final prospectus relating to this Fund may be obtained by
contacting your financial advisor, or by calling 800-
624-6782.
About New York Life Investments
With over $725 billion in Assets
Under Management* as of March 31,
2024, New York Life Investments, Pensions and Investments'
Top 30 Largest Money Manager**, is comprised of the affiliated
global asset management businesses of its parent company, New York
Life Insurance Company, and offers clients access to specialized,
independent investment teams through its family of affiliated
boutiques. New York Life Investments remains committed to clients
through a combination of the diverse perspectives of its boutiques
and a long-lasting focus on sustainable relationships.
* Assets under management (AUM) includes assets of the
investment advisers that make up "New York Life as of 3/31/2024.
"New York Life Investments'' is both a service mark, and the common
trade name, of the following investment advisors (also referred to
herein individually as a "boutique" and collectively as
"boutiques") affiliated with New York Life Insurance Company:
Ausbil Investment Management Limited ("Ausbil"), Apogem Capital LLC
("Apogem"), Candriam S.C.A. ("Candriam"), IndexIQ Advisors LLC
("IndexIQ"), MacKay Shields LLC ("MacKay
Shields"), New York Life Investment Management LLC ("NYLIM
LLC"), NYL Investors LLC ("NYL Investors"), and Tristan Capital
Partners LLP ("Tristan").
Assets under management (AUM) includes assets of the investment
advisers that make up "New York Life Investments" as of
3/31/2024. AUM includes certain assets, such as
non-discretionary AUM, external fund selection, and overlay
services, including ESG screening services, advisory consulting
services, white labeling services, and model portfolio delivery
services, that are not necessarily considered Regulatory Assets
Under Management according to the SEC's Form ADV. AUM is reported
in USD. AUM not denominated in USD is converted at the spot
rate as of 3/31/2024. The total AUM figure of "New York Life
Investments" is less than the sum of the AUM of each affiliated
investment adviser in the group because it does not count AUM where
the same assets can be counted by more than one affiliated
investment adviser.
** On June 10, 2024, New York Life
Investments was ranked #26 in Pensions & Investments' Largest
Money Managers 2024 for the time period 12/31/22 – 12/31/23. (Managers are ranked by
total worldwide institutional assets under management. Full list
here.) No direct or indirect compensation was paid for the creation
and distribution of this ranking. For more information about
ranking click here - Largest Money Managers 2023 | Pensions &
Investments (pionline.com)
"New York Life Investments" is both a service mark, and the
common trade name, of certain investment advisors affiliated with
New York Life Insurance Company.
About CBRE Investment Management
CBRE Investment Management Listed Real Assets LLC is the listed
real assets arm of CBRE Investment Management, a leading global
real assets investment management firm with $144 billion in assets under management* as of
March 31, 2024, operating in more
than 30 offices and 20 countries around the world. Through its
investor-operator culture, the firm seeks to deliver sustainable
investment solutions across real assets categories, geographies,
risk profiles and execution formats so that its clients, people and
communities thrive.
CBRE Investment Management is an independently operated
affiliate of CBRE Group, Inc. (NYSE:CBRE), the world's largest
commercial real estate services and investment firm (based on 2023
revenue). The company has more than 130,000 employees (including
Turner & Townsend employees) serving clients in more than 100
countries. CBRE Investment Management harnesses CBRE's data and
market insights, investment sourcing and other resources for the
benefit of its clients. For more information, please visit
www.cbreim.com.
*Assets under management (AUM) refers to the fair market value
of real assets-related investments with respect to which CBRE
Investment Management provides, on a global basis, oversight,
investment management services and other advice and which generally
consist of investments in real assets; equity in funds and joint
ventures; securities portfolios; operating companies and real
assets-related loans. This AUM is intended principally to reflect
the extent of CBRE Investment Management's presence in the global
real assets market, and its calculation of AUM may differ from the
calculations of other asset managers and from its calculation of
regulatory assets under management for purposes of certain
regulatory filings.
This press release is not an offer to sell securities and is not
a solicitation of an offer to buy securities, nor will there be any
sales of securities in any jurisdiction where the offer or sale is
not permitted.
New York Life Investment Management LLC engages the services of
SEC-registered advisors. CBRE Investment Management Listed Real
Assets (CBRE Investment Management) is unaffiliated with New York
Life Investment Management LLC. The MainStay Funds® are managed by
New York Life Investment Management LLC and distributed by NYLIFE
Distributors LLC, 30 Hudson Street, Jersey City, NJ 07302, a wholly owned
subsidiary of New York Life Insurance Company. NYLIFE Distributors
LLC is a Member FINRA/SIPC.
Media Contacts:
New York Life Investments
Sara Guenoun /
Sara_J_Guenoun@newyorklife.com
6753145
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SOURCE New York Life Investments