MEGI CEF — NYLI CBRE Global Infrastructure Megatrends Term Fund

NYLI CBRE Global Infrastructure Megatrends Term Fund (MEGI)

Updated November 6, 2026.

MEGI is a CEF linked to Income-producing equity securities issued by infrastructure companies.. Its distribution rate is 10.47%, its trailing-12-month yield is 10.47%, its expense ratio is 3.73%. Dividend Vision Distribution Safety Score™ is 83/100 (Safe). Total return is 16.7% over the past 5 years, 55.9 points behind SPY at 72.6%.

NYLI CBRE Global Infrastructure Megatrends Term Fund invests at least eighty percent of assets in income-producing equity securities issued by infrastructure companies, with emphasis on decarbonization, digital transformation, and asset modernization megatrends. The fund pursues a high level of total return with current income as a priority, distributing monthly at a high current rate, and carries an expense ratio of 3.73%. It may appeal to income-focused investors seeking infrastructure exposure with regular monthly payouts, though the relatively high expense ratio and leverage typical of closed-end funds merit consideration.

MEGI performance versus SPY

As of Nov 5, 2026

Total return is 16.7% over the past 5 years, 55.9 points behind SPY at 72.6%. Over the past year its total return — price change plus distributions reinvested — is 12.9%. Its deepest 1-year drawdown was 12.5%.

MEGI key facts

Distribution Safety Score™

83 · Safe

Safety-Adjusted Yield

8.69%

Issuer

New York Life Investments

Asset type

CEF

Asset class

Equity

Inception date

10/27/2021

Expense ratio

3.73%

Management fee

1.36%

Other operating expenses

0.10%

Interest expense

2.27%

Total annual operating expenses

3.73%

Distribution rate

10.47%

Distribution frequency

Monthly

Trailing yield

10.47%

5-year average yield

7.68

Last close

$14.33 (as of 2026-11-06)

NAV

N/A

Premium / discount

Premium not shown · NAV date unknown

Market cap

$749,484,480

Average volume

185,258

Dividend

$0.125

Ex-dividend date

11/23/2026

Payment date

11/30/2026

AUM unavailable in this published snapshot. Missing values do not mean zero or complete coverage. ?

How Dividend Vision calculates yield and returns

Distribution rate (10.47%) has no calculation basis on file. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (10.47%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: New York Life Investments; Index: Income-producing equity securities issued by infrastructure companies.; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

MEGI risks and drawbacks

Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 12.5%.

Who may consider MEGI — and who may not

MEGI may suit someone looking for a high Distribution Safety Score. It is a weaker fit for investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on MEGI

• All tickers starting with M

Tagged: CEF, International, Dividend, Leverage, Infrastructure.

Frequently asked questions

More securities from New York Life Investments.