Form 4: Portfolio Manager at NYLI CBRE Global Infrastructure Megatrends Term Fund Increases Holdings

A portfolio manager at NYLI CBRE Global Infrastructure Megatrends Term Fund has acquired 200 shares of the fund at a price of $13.28 per share.

Summary

• Jeremy Anagnos, a portfolio manager at NYLI CBRE Global Infrastructure Megatrends Term Fund, purchased 200 shares of the fund.
• The transaction occurred on December 11, 2024.
• The purchase price was $13.28 per share.
• Following the transaction, Mr. Anagnos directly owns 25,200 shares of the fund.

Sentiment

Score: 7

Explanation: The purchase by a portfolio manager is generally a positive sign, suggesting confidence in the fund's performance. However, it's a small transaction and not a major market-moving event.

Positives

• The portfolio manager's purchase indicates confidence in the fund's prospects.
• The increased holdings by a key insider could be seen as a positive signal to the market.

Industry Context

This is a routine disclosure of insider trading activity, which is common in the financial industry. It provides transparency into the actions of key personnel within investment funds.

Comparison to Industry Standards

• Insider trading disclosures are a standard practice for publicly traded funds and companies.
• The reporting of this transaction is consistent with SEC regulations and industry norms.
• Similar filings are made by other portfolio managers and insiders across the financial industry.

Stakeholder Impact

• The purchase may positively influence shareholder confidence.
• The transaction has a minor impact on the overall fund.

Key Dates

Keywords

NYLI CBRE Global Infrastructure Megatrends Term Fund, MEGI, Portfolio Manager, Insider Trading, Share Purchase, Jeremy Anagnos