NYLI CBRE Global Infrastructure Megatrends Term Fund Filing

TL;DR

NYLI CBRE Global Infrastructure Megatrends Term Fund filed proxy materials, no fee required.

AI Summary

NYLI CBRE Global Infrastructure Megatrends Term Fund filed a DEFA14A on September 3, 2024. This filing is a definitive additional material related to proxy statements. The fund was formerly known as MainStay CBRE Global Infrastructure Megatrends Term Fund until June 30, 2023, and prior to that, MainStay CBRE Global Infrastructure Megatrends Fund until April 2, 2021. The filing does not require a fee.

Why It Matters

This filing provides updated proxy materials for investors in the NYLI CBRE Global Infrastructure Megatrends Term Fund, ensuring they have the latest information for shareholder decisions.

Risk Assessment

Risk Level: low — This is a routine administrative filing (DEFA14A) related to proxy statements and does not indicate any immediate financial risk or significant operational changes.

Key Players & Entities

• NYLI CBRE Global Infrastructure Megatrends Term Fund (company) — Registrant
• MainStay CBRE Global Infrastructure Megatrends Term Fund (company) — Former company name
• MainStay CBRE Global Infrastructure Megatrends Fund (company) — Former company name
• 20240903 (date) — Filing date

FAQ

Filing Documents

• d861431ddefa14a.htm (DEFA14A) — 17KB
• g861431dsp02.jpg (GRAPHIC) — 3KB
• 0001193125-24-211699.txt ( ) — 22KB

From the Filing

CBRE GLOBAL INFRASTRUCTURE MEGATRENDS TERM FUND NYLI CBRE GLOBAL INFRASTRUCTURE MEGATRENDS TERM FUND UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 SCHEDULE 14A INFORMATION PROXY STATEMENT PURSUANT TO SECTION 14(a) OF THE SECURITIES EXCHANGE ACT OF 1934 Filed by the Registrant Filed by a Party other than the Registrant Check the appropriate box: Preliminary Proxy Statement Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) Definitive Proxy Statement Definitive Additional Materials Soliciting Material Pursuant to Rule 14a-12 NYLI CBRE GLOBAL INFRASTRUCTURE MEGATRENDS TERM FUND (Name of Registrant as Specified in its Charter) (Name of Person(s) Filing Proxy Statement, if other than the Registrant) Payment of filing fee (Check the appropriate box): No fee required. Fee computed on table below per Exchange Act Rules 14a-6(i)(4) and 0-11. 1) Title of each class of securities to which transaction applies: N/A 2) Aggregate number of securities to which transaction applies: N/A 3) Per unit price or other underlying value of transaction computed pursuant to Exchange Act Rule 0-11 (Set forth the amount on which the filing fee is calculated and state how it was determined): N/A 4) Proposed maximum aggregate value of transaction: N/A 5) Total fee paid: N/A Fee paid with preliminary materials. Check box if any part of the fee is offset as provided by Exchange Act Rule 0-11(a)(2) and identify the filing for which the offsetting fee was paid previously. Identify the previous filing by registration statement number, or the Form or Schedule and the date of its filing. 1) Amount Previously Paid: N/A 2) Form, Schedule or Registration Statement No.: N/A 3) Filing Party: N/A 4) Date Filed: N/A September 2, 2024 Dear Shareholder: I am writing to ask you to vote on your nominees for Trustees for NYLI CBRE Global Infrastructure Megatrends Term Fund (the Fund or MEGI), formerly known as the MainStay CBRE Global Infrastructure Megatrends Term Fund, at the September 27, 2024 Annual Meeting of Shareholders. Please vote in favor of your Incumbent Nominees using your Funds WHITE proxy card. The Board of Trustees of the Fund unanimously recommends that shareholders vote for the Funds nominated Incumbent Trustees. The Fund is under attack by New York City based hedge fund firm, Saba Capital Management, L.P. (Saba), which also sent you proxy materials asking for your vote on an opposing trustee which Saba has nominated. Saba is a hedge fund that has a history of implementing initiatives that are intended to generate short-term profits to the benefit of Saba and its investors. The Funds Trustees oppose the Saba proxy solicitation and trustee . Please discard any GOLD proxy cards you receive from Saba . If Sabas solicitation is successful, it could disrupt MEGIs operation and Sabas nominee may propose a liquidity event that could adversely impact the Fund. Your Funds Board of Trustees urges you NOT to sign any proxy cards sent to you by Saba and sign and return all WHITE proxy cards that you receive from MEGI. Please vote your shares by following the instructions on your Funds WHITE proxy card. Regardless of the number of shares you own, it is important that your shares be represented at the meeting by voting your proxy. I ask that you vote all WHITE proxy cards you receive and discard any GOLD proxy cards. If you have any questions, please contact our Proxy Solicitor, EQ Fund Solutions, at 800-848- 3374, Monday through Friday between the hours of 9:00 AM and 10:00 PM Eastern Time. Thank you for voting. Sincerely, /s/ Kirk C. Lehneis Kirk C. Lehneis President NYLI CBRE Global Infrastructure Megatrends Term Fund New York Life Investments is both a service mark, and the common trade name, of certain investment advisors affiliated with New York Life Insurance Company.

View Full Filing

View this DEFA14A filing on SEC EDGAR