NYLI CBRE Global Infrastructure Term Fund DEFA14A Filing

TL;DR

NYLI CBRE Global Infra Fund filed proxy docs, no fee. Formerly MainStay.

AI Summary

NYLI CBRE Global Infrastructure Megatrends Term Fund filed a DEFA14A on September 2, 2025. This filing is for definitive additional materials and does not require a filing fee. 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 materials related to the fund's governance and operations.

Risk Assessment

Risk Level: low — This filing is a routine proxy statement for a registered investment fund and does not involve significant new financial transactions or strategic shifts.

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) — Previous former company name
• 20250902 (date) — Filing date

FAQ

Filing Documents

• d943455ddefa14a.htm (DEFA14A) — 17KB
• g943455g0828054345697.jpg (GRAPHIC) — 3KB
• g943455g0828054346013.jpg (GRAPHIC) — 3KB
• 0001193125-25-193459.txt ( ) — 27KB

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 1, 2025 Dear Shareholder: I am writing to ask you to vote for our nominees for Trustees of the NYLI CBRE Global Infrastructure Megatrends Term Fund (the "Fund" or "MEGI") at the October 1, 2025 Annual Meeting of Shareholders. Please vote in favor of our Incumbent Nominees and against Saba Capital Management, L.P.'s ("Saba") recommendation to change the Board's staggered-term structure using our Fund's WHITE proxy card. The Board of Trustees of our Fund unanimously recommends that shareholders vote FOR our Fund's nominated Incumbent Trustees and AGAINST Saba's recommendation to change the Board's classified structure. Our Fund is under attack by Saba, which also sent you proxy materials asking for your vote on an opposing trustee Saba has nominated. 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. Saba also submitted a non-binding shareholder proposal for inclusion in the Fund's proxy statement to eliminate our Fund's classified board structure, in furtherance of its short-term agenda. Our Fund's Trustees oppose the Saba proxy solicitation, trustee nominee, and the elimination of our Fund's classified board structure . Please discard any GOLD proxy cards you receive from Saba . If Saba's solicitation is successful, it could disrupt MEGI's operation and Saba's trustee nominee may propose a liquidity event that could adversely impact our Fund. Our Fund's 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 our Fund's 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 800-848-3402, Monday through Friday between the hours of 9:00 AM and 10:00 PM Eastern Time. Thank you for voting. Sincerely, 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. MEGI

View Full Filing

View this DEFA14A filing on SEC EDGAR