Form 4: NYLI CBRE Global Infrastructure Fund Portfolio Manager Boosts Stake with Significant Share Purchase

Jeremy Anagnos, a Portfolio Manager for NYLI CBRE Global Infrastructure Megatrends Term Fund (MEGI), has increased his direct beneficial ownership in the fund through a recent share purchase.

Summary

• Jeremy Anagnos, a Portfolio Manager at NYLI CBRE Global Infrastructure Megatrends Term Fund (MEGI), acquired 535 shares of the fund's common stock.
• The transaction occurred on May 23, 2025, at a price of $13.7 per share.
• Following this purchase, Mr. Anagnos directly beneficially owns a total of 27,265 shares of NYLI CBRE Global Infrastructure Megatrends Term Fund.

Sentiment

Score: 7

Explanation: The sentiment is positive due to an insider (Portfolio Manager) increasing their stake, signaling confidence in the fund's value and future.

Positives

• The purchase by a Portfolio Manager signals confidence in the fund's future performance and strategy.
• Increased insider ownership aligns management's interests more closely with those of shareholders.

Future Outlook

This Form 4 filing does not contain forward-looking statements or guidance regarding the fund's future performance or outlook, but rather reports a past insider transaction.

Industry Context

Insider purchases, such as this one by a portfolio manager, are generally viewed by the market as a positive signal, indicating that those with intimate knowledge of the company or fund believe its shares are undervalued or expect positive developments. This aligns with general market sentiment that insider buying reflects confidence.

Comparison to Industry Standards

• This document reports an insider transaction, which is a standard disclosure requirement for public companies under Section 16(a) of the Securities Exchange Act of 1934. It is not directly comparable to industry financial results or project benchmarks.
• The act of an insider purchasing shares is a common occurrence across various industries and is often interpreted as a sign of management's belief in the company's or fund's prospects, similar to insider buying observed in other investment funds or corporations.

Related Party Transactions

• The transaction involves a Portfolio Manager, Jeremy Anagnos, purchasing shares of the fund he manages, which constitutes a dealing with a related party (an insider).

Stakeholder Impact

• Shareholders: The purchase by a Portfolio Manager may instill greater confidence among existing and potential shareholders, suggesting that the fund's management believes in its intrinsic value.

Key Dates

Recommendation

Keywords

NYLI CBRE Global Infrastructure Megatrends Term Fund, MEGI, Jeremy Anagnos, Insider Purchase, Form 4, Beneficial Ownership, Portfolio Manager, Investment Fund, Infrastructure