MainStay CBRE Global Infrastructure Stock News

Stock  #3: Abrdn World Healthcare Fund (NYSE: THW) Yield: 12.88% Shares for $20,000: 1,586 Annual Passive Income: ~$2,576 Formerly known as the Tekla World Healthcare Fund until it was acquired by Ab

Comparison of MainStay CBRE Global Infrastructure Megatrends Term Fund and Voya Infrastructure, Industrials & Materials Fund. MEGI focuses on decarbonization, digital transformation, and asset moderni

MainStay CBRE Global Infrastructure Megatrends Term Fund continues to trade at a deep discount despite an increased distribution earlier this year, making it an interesting consideration. The fund is

Infrastructure is a resilient overlay to portfolios in times of market volatility and inflation. Infrastructure investments offer durable, cash-producing assets with low sensitivity to business cycle

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In 2021, a dozen closed-end funds, or CEFs, were launched, but none of them performed well, with all of them experiencing negative total returns since inception. The CEFs trade at wide discounts to NA

Factors reshaping the demand for infrastructure assets. MEGI's unique approach and potential opportunities presented by the fund. CBRE Investment Management Lead Product Strategist, David Leggette dis

The utility sector has been underperforming in 2023 due to the rising interest rate environment, but that doesn't mean they aren't attractive or can't perform well going forward. The abrdn Global Infr

The MainStay CBRE Global Infrastructure Megatrends Term Fund offers a 9.6% forward yield and trades at a 16% discount to NAV, but has shown subpar performance since inception. MEGI focuses on investme

MEGI continues to trade at a wide discount but seems to be finding a bottom in this general region. Since the launch, the underlying portfolio has performed relatively well compared to similar funds.

By 2040, it is estimated that over $100 trillion of investment will be required to repair, modernize, and build new infrastructure assets critical to societies around the globe. Much of the necessary

MEGI launched just over a year ago, meaning it is time to give the fund another look. CEFs tend to start trading at wide discounts after launch; this fund has gone to an abnormally large discount.

We took a look at MEGI earlier this year with some interest; I wanted to revisit this fund after the volatile 2022 we've been experiencing. The fund was only launched at the end of 2021, too new for s

MEGI launched in October 2021 in a space that I watch particularly close as an income investor.

New Year, New Closed-End Funds In The Works