Form 4: MainStay CBRE Global Infrastructure Megatrends Term Fund: Portfolio Manager Increases Holdings
SEC Form 4
Portfolio Manager Jeremy Anagnos reports purchasing 500 shares of MainStay CBRE Global Infrastructure Megatrends Term Fund at $13.3766 per share on August 13, 2024, bringing his total holdings to 24,800 shares.
Summary
- On August 13, 2024, Jeremy Anagnos, a Portfolio Manager at MainStay CBRE Global Infrastructure Megatrends Term Fund, purchased 500 shares of the fund.
- The purchase price was $13.3766 per share.
- Following the transaction, Anagnos directly owns 24,800 shares of the fund.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine disclosure of a transaction. The purchase itself is slightly positive, indicating confidence, but it's a small transaction.
Positives
- The purchase of shares by a Portfolio Manager could be seen as a positive signal, indicating confidence in the fund's prospects.
Industry Context
Form 4 filings are standard disclosures required by the SEC when insiders of a company (such as officers, directors, or beneficial owners) buy or sell the company's securities. These filings provide transparency to the market regarding insider transactions.
Stakeholder Impact
- The transaction could have a minor positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 08/13/2024 | Date of transaction: Jeremy Anagnos purchased 500 shares. |
| 08/15/2024 | Date of signature on the report. |
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