SCHEDULE: Morgan Stanley Discloses 5.4% Stake in NYLI CBRE Fund

Morgan Stanley and its subsidiary Parametric Portfolio Associates LLC have reported a 5.4% beneficial ownership stake in NYLI CBRE Global Infrastructure Megatrends Term Fund.

Summary

• Morgan Stanley and its wholly-owned subsidiary, Parametric Portfolio Associates LLC, have jointly reported beneficial ownership of 2,832,138 common shares in NYLI CBRE Global Infrastructure Megatrends Term Fund.
• This represents a 5.4% stake in the issuer's common shares.
• The reporting was made under Schedule 13G, indicating the shares were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing control of the issuer.
• As of December 31, 2025, the reporting persons held shared voting power over 351,356 shares and shared dispositive power over 2,832,138 shares.

Sentiment

Score: 7

Explanation: StockSavvy.ai views this as a moderately positive signal for the NYLI CBRE Global Infrastructure Megatrends Term Fund, as a substantial stake by Morgan Stanley and its subsidiary suggests institutional confidence in the fund's strategy and underlying assets.

Positives

• Significant institutional investment from Morgan Stanley and its subsidiary, Parametric Portfolio Associates LLC, signals confidence in the NYLI CBRE Global Infrastructure Megatrends Term Fund.
• The filing indicates the stake is for ordinary course of business, not for control, suggesting a passive investment strategy.

Future Outlook

The filing does not contain any forward-looking statements or guidance regarding the issuer's future performance or strategy. It is a disclosure of current ownership.

Management Comments

• Certifications from authorized signatories Chris O'Hara (Morgan Stanley) and Cindy Kim (Parametric Portfolio Associates LLC) state that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer.

Industry Context

StockSavvy.ai notes that the disclosure of a significant 5.4% stake by a major financial institution like Morgan Stanley, through its subsidiary Parametric Portfolio Associates LLC, in an infrastructure megatrends fund, highlights continued institutional interest in infrastructure assets. This aligns with broader industry trends of investors seeking stable, long-term returns and inflation protection offered by infrastructure investments, particularly those aligned with global megatrends.

Comparison to Industry Standards

• StockSavvy.ai observes that a 5.4% stake by a major institutional investor like Morgan Stanley is a substantial position, often indicative of a long-term strategic allocation rather than short-term trading. While specific comparable companies or projects are not detailed in this filing, such an ownership level by a top-tier asset manager is generally viewed positively, suggesting a thorough due diligence process and confidence in the underlying asset class and fund management. For instance, similar significant stakes are often seen in other closed-end funds or ETFs focused on specific thematic investments, where large institutions build positions to gain exposure to particular market segments.

Related Party Transactions

• Parametric Portfolio Associates LLC, which beneficially owns shares in the fund, is a wholly-owned subsidiary of Morgan Stanley, the other reporting person.

Stakeholder Impact

• Shareholders: The disclosure of a significant institutional investor holding a 5.4% stake may increase confidence among existing and potential shareholders, potentially leading to positive sentiment and demand for the fund's shares.
• Management: The presence of a large, passive institutional investor like Morgan Stanley can provide a level of stability and validation for the fund's management and strategy.

Key Dates

Recommendation

While the disclosure of a significant institutional stake by Morgan Stanley is a positive signal, this filing primarily reports ownership and does not provide sufficient financial or operational details of the NYLI CBRE Global Infrastructure Megatrends Term Fund to warrant a "buy" or "sell" recommendation. Investors should consider this information as a positive indicator of institutional interest but should conduct further due diligence on the fund's performance, strategy, and underlying assets before making investment decisions. Therefore, a "hold" recommendation is appropriate, suggesting current investors maintain their positions while monitoring further developments.

Keywords

NYLI CBRE Global Infrastructure Megatrends Term Fund, Morgan Stanley, Parametric Portfolio Associates LLC, Schedule 13G, Beneficial Ownership, Institutional Investment, Common Shares, Infrastructure Fund, SEC Filing