MainStay CBRE Global Infrastructure Megatrends Fund (MEGI)
12.59
+0.09
(+0.72%)
USD |
NYSE |
Mar 28, 16:00
12.59
0.00 (0.00%)
After-Hours: 20:00
Price Chart
Key Stats
Net Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
---|---|---|---|
3.07% | -11.97% | 741.68M | 140928.5 |
Dividend Yield | Turnover Ratio | 1 Year Fund Level Flows | Max Drawdown (Since Inception) |
9.15% | 26.00% | -- | Upgrade |
Basic Info
Investment Strategy | |
The Fund’s primary investment objective is to seek a high level of total return with an emphasis on current income. The Fund invests at least 80% of its assets in securities issued by infrastructure companies. The Fund seeks to achieve its investment objective by investing primarily in income-producing equity securities issued by infrastructure companies, including common stock, preferred stock, convertible securities and rights or warrants to buy common stocks. The Fund will typically invest in securities issued by infrastructure companies with market capitalizations of at least $500 million. |
General | |
Security Type | Closed-End Fund |
Equity Style | Mid Cap/Value |
Fixed Income Style | -- |
Broad Asset Class | Sector Equity |
Broad Category | Equity |
Category Name | Infrastructure |
Category Index | S&P Global Infrastructure NR USD |
Global Category Name | Infrastructure Sector Equity |
YCharts Categorization | Infrastructure Equity |
YCharts Benchmark | MSCI ACWI Infrastructure (^MSACWIIA) |
Prospectus Objective | Growth and Income |
Fund Owner Firm Name | New York Life Investment Management LLC |
Prospectus Benchmark Index | |
FTSE Global Core Infra 50/50 NR USD | 100.0% |
Broad Asset Class Benchmark Index | |
^MSWNTR | 100.0% |
Manager Tenure | |
Daniel Foley | 2.35 yrs |
Hinds Howard | 2.35 yrs |
Jeremy Anagnos | 2.35 yrs |
Joseph Smith | 2.35 yrs |
Performance Versus Category
As of March 27, 2024. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
As of March 27, 2024.
Basic Info
Investment Strategy | |
The Fund’s primary investment objective is to seek a high level of total return with an emphasis on current income. The Fund invests at least 80% of its assets in securities issued by infrastructure companies. The Fund seeks to achieve its investment objective by investing primarily in income-producing equity securities issued by infrastructure companies, including common stock, preferred stock, convertible securities and rights or warrants to buy common stocks. The Fund will typically invest in securities issued by infrastructure companies with market capitalizations of at least $500 million. |
General | |
Security Type | Closed-End Fund |
Equity Style | Mid Cap/Value |
Fixed Income Style | -- |
Broad Asset Class | Sector Equity |
Broad Category | Equity |
Category Name | Infrastructure |
Category Index | S&P Global Infrastructure NR USD |
Global Category Name | Infrastructure Sector Equity |
YCharts Categorization | Infrastructure Equity |
YCharts Benchmark | MSCI ACWI Infrastructure (^MSACWIIA) |
Prospectus Objective | Growth and Income |
Fund Owner Firm Name | New York Life Investment Management LLC |
Prospectus Benchmark Index | |
FTSE Global Core Infra 50/50 NR USD | 100.0% |
Broad Asset Class Benchmark Index | |
^MSWNTR | 100.0% |
Manager Tenure | |
Daniel Foley | 2.35 yrs |
Hinds Howard | 2.35 yrs |
Jeremy Anagnos | 2.35 yrs |
Joseph Smith | 2.35 yrs |