Form 4: Portfolio Manager Jeremy Anagnos Purchases Shares in NYLI CBRE Global Infrastructure Megatrends Term Fund

Jeremy Anagnos, Portfolio Manager for NYLI CBRE Global Infrastructure Megatrends Term Fund (MEGI), reported the purchase of 235 shares at $14.0035 per share, increasing his direct beneficial ownership to 27,500 shares, effective June 26, 2025.

Summary

• Jeremy Anagnos, a Portfolio Manager for NYLI CBRE Global Infrastructure Megatrends Term Fund (MEGI), reported a direct purchase of shares.
• The transaction involved the acquisition of 235 shares of NYLI CBRE Global Infrastructure Megatrends Term Fund.
• The shares were purchased at a price of $14.0035 per share.
• The transaction date for this purchase is June 26, 2025.
• Following this transaction, Jeremy Anagnos directly beneficially owns a total of 27,500 shares.
• The transaction was made pursuant to a Rule 10b5-1(c) plan, indicating a pre-arranged purchase plan.

Sentiment

Score: 7

Explanation: The purchase of shares by a portfolio manager indicates confidence in the fund's prospects, although the transaction size is relatively modest compared to total holdings.

Positives

• The purchase of shares by a Portfolio Manager (insider buying) can signal confidence in the fund's future performance and underlying assets.
• The transaction was executed under a Rule 10b5-1(c) plan, indicating a structured and pre-planned acquisition strategy by the insider.

Negatives

• The number of shares purchased (235) is relatively small compared to the total beneficial ownership (27,500 shares), suggesting a modest increase in exposure rather than a significant new investment.

Future Outlook

NA

Industry Context

This insider transaction by a portfolio manager of an infrastructure megatrends term fund is a common occurrence in the investment management industry. Insider buying, even in small amounts, can be interpreted by investors as a positive signal, suggesting that those closest to the fund's operations have confidence in its strategy and future performance, aligning their interests with those of the fund's shareholders.

Stakeholder Impact

• Shareholders: May view the insider purchase as a positive signal of management confidence in the fund's future performance and alignment of interests.

Key Dates

Recommendation

Keywords

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