NYLI CBRE Global Infrastructure Megatrends Term Fund Proxy Filing

TL;DR

NYLI CBRE Global Infrastructure Megatrends Term Fund filed proxy docs, no fee. Formerly MainStay.

AI Summary

NYLI CBRE Global Infrastructure Megatrends Term Fund filed a DEFA14A on August 18, 2025. This filing is related to proxy materials and indicates no fee was required for submission. The fund was formerly known as MainStay CBRE Global Infrastructure Megatrends Term Fund until June 30, 2023.

Why It Matters

This filing provides important proxy information for shareholders of the NYLI CBRE Global Infrastructure Megatrends Term Fund, detailing corporate governance and voting matters.

Risk Assessment

Risk Level: low — This is a routine regulatory filing (DEFA14A) for a publicly traded fund, not indicating any immediate financial distress 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
• 20250818 (date) — Filing date

FAQ

Filing Documents

• d943455ddefa14a.htm (DEFA14A) — 20KB
• g943455g0814000002256.jpg (GRAPHIC) — 3KB
• g943455g0814000002413.jpg (GRAPHIC) — 3KB
• g943455g0814000716836.jpg (GRAPHIC) — 2KB
• g943455g0814000716930.jpg (GRAPHIC) — 2KB
• 0001193125-25-182332.txt ( ) — 36KB

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 August 18, 2025 Dear Shareholder: The 2025 Annual Meeting of Shareholders of the NYLI CBRE Global Infrastructure Megatrends Term Fund (the Fund or MEGI) is scheduled for Wednesday, October 1, 2025. Our Funds Board of Trustees recommends that you vote FOR our Funds nominees and AGAINST Sabas recommendation to change the Boards staggered-term structure on the WHITE card from MEGI. Vote all WHITE proxy cards you receive from MEGI. Discard any and all GOLD proxy cards you receive from Saba Capital Management, L.P. (Saba). Why reject Saba and discard the GOLD proxy card? Saba is a hedge fund manager that has a history of implementing initiatives that are intended to generate short-term profits to the benefit of Saba and its investors. These initiatives can impede upon a funds ability to continue to deliver income and long-term performance for its shareholders. If Sabas solicitation is successful, it could disrupt MEGIs operation. Saba has put forth their own nominee for election to the Funds Board of Trustees and it is likely Sabas nominee would propose a liquidity event that could adversely impact our Fund. Saba also submitted a non-binding shareholder proposal for inclusion in the Funds proxy statement to eliminate our Funds classified board structure, in furtherance of its short-term agenda. What is wrong with Sabas solicitation efforts? Saba offers no long-term plan for our Fund. Should its efforts succeed, Sabas nominee is likely to propose a liquidity event that could necessitate negative changes in our Funds investment approach and could create negative tax implications, which may result in reduced distributions to shareholders like you. Additionally, the Funds classified board structure supports stability, continuity, independence, and long-term planning. This structure has been in place, and disclosed to Fund investors, since the Funds inception. The Board does not have the power to declassify itself and only shareholders have the authority to amend our Funds governing documents. Why vote the WHITE Card? The existing Board, including our Funds nominees, offer many years of pertinent fund governance, investment management, and closed-end fund experience. Replacing any of our existing Trustees will jeopardize the balance of skills that our overall Board possesses and will likely undermine the performance of our Board and our Funds management. By contrast, based upon Sabas prior actions with closed-end funds, Sabas nominee is likely to propose a liquidity event that we believe would adversely impact shareholders. MEGI If you have already signed and returned a GOLD proxy card, you have the right as a shareholder of our Fund to change your vote before the meeting takes place. You can do this by signing and returning the WHITE proxy card sent to you by our Fund, which will replace the proxy card you previously voted. Regardless of the number of shares you own, it is important that your shares be represented at the meeting by voting your proxy. If you have any questions, please contact our Proxy Solicitor, EQ Fund Solutions, at 800-848- 3402, Monday through Friday between the hours of

View Full Filing

View this DEFA14A filing on SEC EDGAR