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

MWN-AI** Summary

The NYLI CBRE Global Infrastructure Megatrends Term Fund (NYSE: MEGI) has announced the availability of its Section 19(a) notice for January 2026, revealed during a detailed disclosure of its current financial metrics. As of January 13, 2026, the fund reports an impressive annualized distribution rate of 10.90%, based on a closing price of $13.76, and 9.83% based on its net asset value (NAV) of $15.26.

For fiscal year 2026, the cumulative distribution per share stands at $1.00, comprised of $0.875 from net investment income and $0.125 classified as a return of capital. This structure indicates that 88% of year-to-date distributions stem from income generation, while the remainder is seen as a return of capital, effectively reducing the adjusted tax basis of a shareholder's shares.

As for fund performance, it showcased a 2.18% average annual total return relative to NAV since inception on October 27, 2021, with a cumulative total return of 6.13% over the fiscal period ending December 31, 2025. The current monthly distribution strategy is evaluated quarterly by the Fund's Board of Trustees, ensuring a level that closely resembles the Fund's realized revenue.

Investors are reminded that future distributions are not guaranteed and can fluctuate depending on the Fund’s investment performance. The announcement highlights the Fund’s approach to sustainability in income-producing investments within the infrastructure domain, with a focus on long-term growth through disciplined management.

For further details, including the specific risks of investing, stakeholders can visit the Fund’s official website.

MWN-AI** Analysis

The NYLI CBRE Global Infrastructure Megatrends Term Fund (NYSE: MEGI) has recently published its Section 19(a) notice for January 2026, indicating an annualized distribution rate of 10.90% based on its closing price and 9.83% based on its net asset value (NAV). This high distribution rate is an attractive feature for income-focused investors. However, analysis of the fund's distribution sources is crucial for assessing sustainability.

The fund's financial metrics show that most of its distributions are categorized as Return of Capital (ROC), indicating that $0.125 of the $1.00 total distribution per share for the fiscal year is derived from capital rather than investment earnings. While ROC can enhance short-term yield, it may unsettle future distribution expectations and imply that the fund is not generating sufficient income to support its payouts sustainably. Investors should consider the implications of reduced capital basis, as future sales of shares may trigger taxable events.

Additionally, MEGI has demonstrated a modest cumulative total return of 6.13% (not annualized) as of December 31, 2025, hinting at conservative growth relative to its income generation capabilities. Potential investors should also note that factors like net investment income and capital gains have not contributed to current distributions, raising questions about the fund’s future performance.

Investors in the infrastructure sector could look to MEGI as an opportunity but must weigh the high payouts against the reliance on ROC and the sustainability of its distribution policy. If the fund can improve its net investment income stream and provide more stable earnings, it may attract a broader investor base. In conclusion, while MEGI offers a high yield, caution is advised; thorough diligence is necessary to better understand the implications of limited income sources on future distributions and overall investment performance.

**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 January 2026. The Fund’s current annualized distribution rate is 10.90% based upon the closing price of $13.76 on January 13, 2026, and 9.83% based upon the Fund’s closing NAV of $15.26 as of the same date. The distribution schedule for the fund can be found here .

Data as of 1/31/2026

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

88%

Net Realized Short-Term Capital Gains

$0.0000

0%

$0.0000

0%

Net Realized Long-Term Capital Gains

$0.0000

0%

$0.0000

0%

Return of Capital or Other Capital Sources

$0.1250

100%

$0.1250

12%

Total per Share

$0.1250

100%

$1.0000

100%

Fund Performance and Distribution Rate Information as of 12/31/2025

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

2.18%

Annualized current distribution rate expressed as a percentage of month end NAV as of 12/31/2025

9.82% 2

Cumulative total return 3 (in relation to NAV (not annualized)) for the fiscal period ending 12/31/2025

6.13%

Cumulative fiscal year distribution rate as a percentage of NAV as of 12/31/2025

5.73% 4

1.

Represents the annualized total return in relation to the change in NAV from inception (10/27/2021) through 12/31/2025.

2.

Represents the current monthly distribution rate annualized as a percentage of NAV as of 12/31/2025.

3.

Represents the cumulative total return in relation to the change in NAV for the current fiscal period 6/1/2025 through 12/31/2025.

4.

Represents the cumulative distribution rate for the current fiscal period 6/1/2025 through 12/31/2025, which is determined by dividing the dollar value of distributions in the period by the NAV as of 12/31/2025.

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 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 $799.4 billion in assets under management as of September 30, 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 $155.8 billion in assets under management* as of September 30, 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 2024 revenue). The company has more than 140,000 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/20260115235584/en/

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

FAQ**

How does the MainStay CBRE Global Infrastructure Megatrends Fund (MEGI) plan to maintain its current annualized distribution rate of 10.90% while managing the inherent risks of investing in infrastructure equity securities?

The MainStay CBRE Global Infrastructure Megatrends Fund (MEGI) aims to sustain its 10.90% annualized distribution rate through a diversified portfolio of infrastructure equity securities, actively managing risks by focusing on essential sectors, market research, and thorough due diligence.

What strategies does the MainStay CBRE Global Infrastructure Megatrends Fund (MEGI) employ to enhance its net investment income amidst fluctuations in the market and to ensure regular monthly distributions to its shareholders?

The MainStay CBRE Global Infrastructure Megatrends Fund (MEGI) employs strategies that focus on investing in global infrastructure assets, utilizing active management to capitalize on megatrends, diversify revenue sources, and enhance net investment income for regular monthly shareholder distributions.

Considering that the Fund's cumulative total return through 12/31/2025 is reported at 6.13%, what measures are being taken by the MainStay CBRE Global Infrastructure Megatrends Fund (MEGI) to improve investment performance going forward?

To enhance investment performance, the MainStay CBRE Global Infrastructure Megatrends Fund (MEGI) is likely focusing on strategic asset allocation, diversifying investments in sectors with growth potential, and optimizing management strategies to respond to market trends and conditions.

Can you explain how the MainStay CBRE Global Infrastructure Megatrends Fund (MEGI) decides on its distribution policy and what factors are taken into account by the Board of Trustees when reviewing the Fund's monthly distributions?

The MainStay CBRE Global Infrastructure Megatrends Fund (MEGI) determines its distribution policy and reviews monthly distributions based on factors such as fund performance, income generated, market conditions, and the need to maintain a sustainable payout to shareholders.

**MWN-AI FAQ is based on asking OpenAI questions about MainStay CBRE Global Infrastructure Megatrends Fund (NYSE: MEGI).

MainStay CBRE Global Infrastructure Megatrends Fund

NASDAQ: MEGI

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