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NYLI CBRE Global Infrastructure Megatrends Term Fund (NYSE: MEGI) Declares Availability of Section 19(a) Notice for April 2026

MWN-AI** Summary

The NYLI CBRE Global Infrastructure Megatrends Term Fund (NYSE: MEGI) has declared the availability of its Section 19(a) notice for April 2026, announcing a current annualized distribution rate of 9.84% based on a closing price of $15.25. The fund’s closing net asset value (NAV) is recorded at $17.23, yielding an effective annualized distribution rate of 8.71%.

For the fiscal year-to-date, the fund has reported a total distribution of $1.3750 per share, which consists of net investment income, capital gains, and return of capital. Specifically, $0.0000 is attributed to net investment income, with net realized short-term capital gains contributing $0.1250 per share. Notably, there were no long-term capital gains reported. The fund's cumulative spread of distributions thus far reflects a significant portion arising from short-term capital gains, which constitute approximately 18% of total distributions.

The average annual total return for the fund as of March 31, 2026, stood at 4.40%, highlighting a moderate performance in relation to the net asset value. It should be noted that the board of trustees conducts quarterly reviews of the fund's monthly distributions, taking into account net investment income, realized gains, and projected market conditions.

Investors are reminded that the actual amounts and sources for tax reporting may differ from what is estimated in the notice, and a Form 1099-DIV will be provided for accurate reporting purposes. The fund operates as a closed-end entity focusing on income-producing equity securities in the infrastructure sector, aimed at offering reliable returns while mitigating risks inherent in the investment landscape. For more detailed performance metrics and investor information, accessing the fund's official website is advised.

MWN-AI** Analysis

The NYLI CBRE Global Infrastructure Megatrends Term Fund (NYSE: MEGI) has recently declared the availability of its Section 19(a) notice for April 2026, showing a current annualized distribution rate of 9.84%. Given the Fund's focus on income-producing equity securities in the infrastructure sector, investors may find this an appealing opportunity, particularly in the current economic climate where infrastructure spending is expected to increase significantly.

As of recent data, the Fund's closing price stands at $15.25, with a NAV of $17.23. This discrepancy suggests an opportunity for value-oriented investors looking to capitalize on the income generation potential of the Fund. The distribution per share breakdown reveals that all current distributions are derived from net realized short-term capital gains, indicating robust trading strategies in the underlying assets.

However, it is critical to take a balanced view. While higher distribution yields can be enticing, they may also indicate risk, especially if the distributions are not consistently supported by substantial net investment income. Historical performance shows a cumulative total return of 17.35% relative to NAV for the fiscal period ending March 31, 2026; this figure should be scrutinized in the context of market volatility and economic conditions.

Investors should be attentive to the Fund’s distribution policy, which is subject to change and may be influenced by market dynamics and the Fund's tech sector exposure. Furthermore, the potential for return of capital distributions suggests vigilance is required in tax planning, as these distributions could affect the adjusted tax basis of shares.

Overall, MEGI presents an inviting opportunity for those seeking high current income with exposure to global infrastructure trends. However, thorough due diligence and consideration of personal risk tolerance levels are essential before proceeding with investments in the Fund.

**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.

Source: Business Wire

NYLI CBRE Global Infrastructure Megatrends Term Fund (the "Fund") (NYSE: MEGI) today announced the availability of the Section 19(a) notice for April 2026. The Fund’s current annualized distribution rate is 9.84% based upon the closing price of $15.25 on April 9, 2026, and 8.71% based upon the Fund’s closing NAV of $17.23 as of the same date. The distribution schedule for the fund can be found here .

Data as of 4/30/2026

Source

Current

Distribution

per Share

Percent of

Current

Distribution

Fiscal YTD

Cumulative

Distribution per

Share

Fiscal YTD Percent of

Total Cumulative

Distributions

Net Investment Income

$0.0000

0%

$0.8750

64%

Net Realized Short-Term Capital Gains

$0.1250

100%

$0.2500

18%

Net Realized Long-Term Capital Gains

$0.0000

0%

$0.0000

0%

Return of Capital or Other Capital Sources

$0.0000

0%

$0.2500

18%

Total per Share

$0.1250

100%

$1.3750

100%

Fund Performance and Distribution Rate Information as of 3/31/2026

Average annual total return 1 (in relation to the net asset value (NAV))

4.40%

Annualized current distribution rate expressed as a percentage of month end NAV as of 3/31/2026

9.09% 2

Cumulative total return 3 (in relation to NAV (not annualized)) for the fiscal period ending 3/31/2026

17.35%

Cumulative fiscal year distribution rate as a percentage of NAV as of 3/31/2026

7.57% 4

  1. Represents the annualized total return in relation to the change in NAV from inception (10/27/2021) through 3/31/2026.
  2. Represents the current monthly distribution rate annualized as a percentage of NAV as of 3/31/2026.
  3. Represents the cumulative total return in relation to the change in NAV for the current fiscal period 6/1/2025 through 3/31/2026.
  4. Represents the cumulative distribution rate for the current fiscal period 6/1/2025 through 3/31/2026, which is determined by dividing the dollar value of distributions in the period by the NAV as of 3/31/2026.

The amounts and sources of distributions reported in this Notice are only estimates and are not being provided for tax reporting purposes. The actual amounts and sources of the amounts for tax reporting purposes will depend upon the Fund’s investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The Fund will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes.

You should not draw any conclusions about the Fund’s investment performance from the amount of this distribution or from the terms of the Fund’s Distribution Policy.

Future earnings of the Fund cannot be guaranteed, and the Fund's distribution policy is subject to change. For more information on the Fund, please visit the Fund’s website here .

The Fund's monthly distribution is set by its Board of Trustees. The Board reviews the Fund's distribution on a quarterly basis in view of its net investment income, realized and unrealized gains, and other net unrealized appreciation or income expected during the remainder of the year. The Fund strives to establish a level monthly distribution that, over the course of the year, will serve to distribute an amount closely approximating the Fund's net investment income and net realized capital gains during the year.

The above table sets forth the estimated sources of income of the current distribution, and the cumulative distributions paid this fiscal year to date from the following sources: net investment income, net realized short-term capital gains, net realized long-term capital gains and return of capital or other capital source. All amounts are expressed on a per share of common stock basis and as a percentage of the distribution amount.

There is no assurance the Fund will continue to pay 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.

Any distributions in excess of the Fund’s current and accumulated earnings and profits will be treated first, as a tax-deferred return of capital, which is applied against and will reduce the adjusted tax basis of shares and, after such adjusted basis is reduced to zero, will generally constitute capital gains. A return of capital distribution may lower a shareholder’s basis in the Fund, causing a potential future tax consequence in connection with the sale of Fund shares, even if such shares are sold at a loss to the shareholder’s initial investments.

Any amounts and sources of distributions are only estimated and are not being provided for tax reporting purposes. The actual amounts and sources of income of the amounts for tax reporting purposes will depend on the Fund’s investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The Fund will send a Form 1099-DIV for the calendar year that will advise how to report these distributions for federal income tax purposes.

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 clicking here or by calling the Fund's shareholder servicing agent at (855) 456-9683.

Before investing, investors should carefully consider the investment objectives, risks, charges, and expenses of the investment company. This and other important information are contained in the prospectus and, if available, the summary prospectus, which may be obtained by visiting https://dfinview.com/NYLIM or by contacting your financial professional. Investors should read the prospectus and, if available, the summary prospectus carefully before investing.

Before considering an investment in the Fund, you should understand that you could lose money. There are risks inherent in all investments.

For more information about the Fund, including specific risks, please visit our website here .

About New York Life Investments

With over $807.7 billion in assets under management as of December 31, 2025, New York Life Investments , a Pensions & 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.

*New York Life Investment Management ranked 28 th largest institutional investment manager in Pensions & Investments ' Largest Money Managers 2025 published June 2025, based on worldwide institutional AUM as of 12/31/24. No direct or indirect compensation was paid for the creation and distribution of this ranking.

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 $155.5 billion in assets under management* as of December 31, 2025, operating in 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 2025 revenue). The company has more than 155,000 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. "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. Securities distributed by NYLIFE Distributors LLC, 30 Hudson Street, Jersey City, NJ 07302, Member FINRA/SIPC.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260414634275/en/

New York Life Investments:
Sara Guenoun
Sara_J_Guenoun@newyorklife.com

FAQ**

What factors contribute to the NYLI CBRE Global Infrastructure Megatrends Term Fund (MEGI) achieving its current annualized distribution rate of 9.84% based on the closing price on April 9, 2026?

Factors contributing to the NYLI CBRE Global Infrastructure Megatrends Term Fund's 9.84% annualized distribution rate include strong underlying asset performance, strategic investment in infrastructure, favorable market conditions, and efficient management of expenses and risks.

How does the distribution policy of the NYLI CBRE Global Infrastructure Megatrends Term Fund (MEGI) ensure a level monthly distribution that approximates its net investment income and realized gains throughout the year?

The NYLI CBRE Global Infrastructure Megatrends Term Fund (MEGI) employs a managed distribution policy that stabilizes monthly payouts by averaging net investment income and realized gains, thus maintaining a consistent distribution rate over the fiscal year.

Given the fund's cumulative total return of 17.35% for the fiscal period ending 3/31/2026, what strategies are being employed by the NYLI CBRE Global Infrastructure Megatrends Term Fund (MEGI) to sustain future performance?

The NYLI CBRE Global Infrastructure Megatrends Term Fund (MEGI) may be employing diversification across infrastructure sectors, active management strategies, and a focus on megatrends such as renewable energy and digital infrastructure to sustain future performance.

Can you elaborate on the potential tax implications for investors regarding the distributions made by the NYLI CBRE Global Infrastructure Megatrends Term Fund (MEGI), particularly concerning return of capital?

Investors in the NYLI CBRE Global Infrastructure Megatrends Term Fund (MEGI) should be aware that distributions characterized as return of capital may reduce their cost basis, potentially resulting in capital gains taxes when shares are sold, while also impacting overall taxable income.

**MWN-AI FAQ is based on asking OpenAI questions about CBRE Group Inc Class A (NYSE: CBRE).

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