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NYSE:MEGI

MainStay CBRE Global Infrastructure Megatrends Term Fund (MEGI) Stock Price, News & Analysis

$13.08 -0.08 (-0.61%)
As of 03:58 PM Eastern

About MainStay CBRE Global Infrastructure Megatrends Term Fund Stock (NYSE:MEGI)

Key Stats

Today's Range
$13.07
$13.17
50-Day Range
$12.11
$13.25
52-Week Range
$11.28
$14.96
Volume
145,847 shs
Average Volume
156,653 shs
Market Capitalization
N/A
P/E Ratio
N/A
Dividend Yield
11.47%
Price Target
N/A
Consensus Rating
N/A

Company Overview

The Fund's investment objective is to seek a high level of total return with an emphasis on current income. There is no assurance that the Fund will achieve its investment objective. Tthe 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 intends to focus on three infrastructure megatrends: (i) decarbonization, (ii) digital transformation and (iii) enhancement of aging infrastructure assets. The Fund expects to invest primarily in equity securities of companies located in a number of different countries, including the United States. The Fund may also invest in fixed income securities of infrastructure companies. The Fund will invest more than 25% of the value of its total assets at the time of purchase in the securities of issuers conducting their business activities in the infrastructure group of industries. The Fund's Subadvisor, CBRE Clarion, defines an infrastructure company as a company that derives at least 50% of its revenues or profits from, or devotes at least 50% of its assets to, the ownership, management, development, construction, renovation, enhancement, or operation of infrastructure assets or the provision of services to companies engaged in such activities. Examples of infrastructure assets include transportation assets (such as toll roads, bridges, railroads, airports, and seaports), utility assets (such as electric transmission and distribution lines, gas distribution pipelines, water pipelines and treatment facilities, and sewer facilities), energy assets (such as oil and gas pipelines, storage facilities, and other facilities used for gathering, processing, or transporting hydrocarbon products as well as contracted renewable power assets), and communications assets (such as communications towers, data centers, fiber networks, and satellites.

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MEGI Stock News Headlines

Now I look stupid. Real stupid...
I thought what happened 25 years ago was a once- in-a-lifetime event… but how wrong I was. Because here we are, a quarter of a century later, almost to the exact day, and it’s happening again.
MEGI: Deep Discount Returns With Market Volatility
NYLI CBRE Global Infrastructure Megatrends Term Fund (MEGI)
See More Headlines

MEGI Stock Analysis - Frequently Asked Questions

MainStay CBRE Global Infrastructure Megatrends Term Fund's stock was trading at $12.17 at the start of the year. Since then, MEGI shares have increased by 7.5% and is now trading at $13.08.
View the best growth stocks for 2025 here
.

Top institutional investors of MainStay CBRE Global Infrastructure Megatrends Term Fund include Saba Capital Management L.P., Raymond James Financial Inc., Raymond James Financial Inc. and Wells Fargo & Company MN. Insiders that own company stock include Saba Capital Management, LP, Jeremy Anagnos, Joseph P Smith, Jacques P Perold, Richard S Trutanic, Daniel Ryan Foley and Kirk C Lehneis.
View institutional ownership trends
.

Shares of MEGI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Based on aggregate information from My MarketBeat watchlists, some other companies that MainStay CBRE Global Infrastructure Megatrends Term Fund investors own include CF Industries (CF), BlackRock Health Sciences Term Trust (BMEZ), Ares Capital (ARCC), Arbor Realty Trust (ABR), BlackRock Innovation and Growth Term Trust (BIGZ), Crown Castle (CCI) and BlackRock ESG Capital Allocation Term Trust (ECAT).

Company Calendar

Ex-Dividend for 3/31 Dividend
3/24/2025
Today
3/25/2025
Dividend Payable
3/31/2025
Ex-Dividend for 4/30 Dividend
4/22/2025
Dividend Payable
4/30/2025

Industry, Sector and Symbol

Stock Exchange
NYSE
Sector
N/A
Industry
-
Sub-Industry
N/A
Current Symbol
NYSE:MEGI
Fax
N/A
Employees
N/A
Year Founded
N/A

Profitability

Trailing P/E Ratio
N/A
Forward P/E Ratio
N/A
P/E Growth
N/A
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$101.93 million
Price / Cash Flow
N/A
Price / Book
N/A

Miscellaneous

Free Float
N/A
Optionable
Not Optionable
Beta
N/A
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This page (NYSE:MEGI) was last updated on 3/25/2025 by MarketBeat.com Staff
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