Form 4: Portfolio Manager Buys MEGI Shares
Insider Transaction Report
A portfolio manager for NYLI CBRE Global Infrastructure Megatrends Term Fund purchased 250 shares of the fund's stock.
Summary
- Jeremy Anagnos, a Portfolio Manager for NYLI CBRE Global Infrastructure Megatrends Term Fund (MEGI), acquired 250 shares of the fund.
- The transaction occurred on August 1, 2025, at a price of $14.36 per share.
- Following this purchase, Jeremy Anagnos directly owns a total of 28,000 shares of MEGI.
Sentiment
Score: 7
Explanation: The purchase of shares by a portfolio manager indicates confidence in the fund, which is generally a positive signal for investors, though the transaction size is relatively small.
Positives
- An insider (Portfolio Manager) purchased shares, which can signal confidence in the fund's future performance.
- The purchase price of $14.36 per share indicates the level at which an insider is willing to invest personal capital.
Related Party Transactions
- Jeremy Anagnos, a Portfolio Manager, purchased 250 shares of MEGI at $14.36 per share.
Stakeholder Impact
- Shareholders may view the insider purchase as a positive signal of confidence in the fund's future.
Key Dates
| Date | Description |
|---|---|
| 08/01/2025 | Date of share acquisition by Jeremy Anagnos. |
| 08/04/2025 | Date the Form 4 was signed by Jeff Chang on behalf of Jeremy Anagnos. |
Recommendation
holdThe purchase of shares by a portfolio manager is a positive indicator of internal confidence in the fund's prospects. However, this single transaction, while notable, does not provide sufficient comprehensive financial data to warrant a strong buy or sell recommendation. Investors should consider this alongside broader financial performance and market conditions.
Keywords
MEGI, NYLI CBRE Global Infrastructure Megatrends Term Fund, Insider Trading, Form 4, Share Purchase, Portfolio Manager, Investment Fund, Equity Acquisition
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