Form 4: Portfolio Manager Anagnos Increases Stake in NYLI CBRE Global Infrastructure Megatrends Term Fund

Jeremy Anagnos, a Portfolio Manager at NYLI CBRE Global Infrastructure Megatrends Term Fund, reports purchasing 450 shares of the fund at $13.076 per share.

Summary

• On April 28, 2025, Jeremy Anagnos, a Portfolio Manager at NYLI CBRE Global Infrastructure Megatrends Term Fund [MEGI], purchased 450 shares of the fund.
• The purchase price was $13.076 per share.
• Following the transaction, Anagnos directly owns 26,730 shares of the fund.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. The purchase of shares by a portfolio manager is generally viewed as a positive sign, indicating confidence in the company's future performance, but the scale of the purchase is not large enough to be strongly positive.

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 (officers, directors, or those holding more than 10% of the company's shares) buy or sell the company's securities. These filings provide transparency into insider transactions and can be used by investors to gauge sentiment about the company's prospects.

Comparison to Industry Standards

• Form 4 filings are a standard regulatory requirement for publicly traded companies in the United States, ensuring transparency in insider trading activities.
• Similar filings are required for corporate insiders at companies like BlackRock, Vanguard, and State Street when they trade shares of their own funds or other publicly traded securities.

Stakeholder Impact

• The purchase may have a slightly positive impact on shareholders, as it signals confidence from a key insider.
• The impact on other stakeholders (employees, customers, suppliers, creditors) is likely to be minimal.

Key Dates

Keywords

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