NYLI CBRE Global Infrastructure Fund Files Proxy Materials

TL;DR

NYLI CBRE Global Infra Fund proxy update filed. Old names: MainStay CBRE.

AI Summary

NYLI CBRE Global Infrastructure Megatrends Term Fund filed a Definitive Additional Materials proxy statement on September 4, 2025. This filing relates to the fund's proxy materials, previously filed under the name MainStay CBRE Global Infrastructure Megatrends Term Fund and MainStay CBRE Global Infrastructure Megatrends Fund.

Why It Matters

This filing indicates ongoing corporate actions and communications with shareholders for the NYLI CBRE Global Infrastructure Megatrends Term Fund, providing transparency on governance and fund management.

Risk Assessment

Risk Level: low — This is a routine filing of additional proxy materials, not indicating any immediate financial risk or significant change.

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
• 20250904 (date) — Filing Date

FAQ

Key Financial Figures

• $0.130 M — onthly Distribution Per Share 9.6% 8.0% $0.130 MEGI Peer Average $0.125 Market Price Dis
• $0.125 M — hare 9.6% 8.0% $0.130 MEGI Peer Average $0.125 Market Price Distribution Rate $0.120 15%
• $0.120 — e $0.125 Market Price Distribution Rate $0.120 15% increase in monthly $0.115 distribu
• $0.115 — ion Rate $0.120 15% increase in monthly $0.115 distribution rate in August 2023. 10.3%
• $0.110 M — ibution rate in August 2023. 10.3% 8.2% $0.110 MEGI Peer Average $0.105 3-Year Distribut
• $0.105 — 23. 10.3% 8.2% $0.110 MEGI Peer Average $0.105 3-Year Distribution Change $0.100 15% 4
• $0.100 — erage $0.105 3-Year Distribution Change $0.100 15% 4.0% $0.095 MEGI Peer Average As of
• $0.095 M — ear Distribution Change $0.100 15% 4.0% $0.095 MEGI Peer Average As of 8/29/2025 Source:
• $100,000 — rustee committing to investing at least $100,000 across the fund family. Two of the trus

Filing Documents

• d943455ddefa14a.htm (DEFA14A) — 50KB
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• g943455prsta_ltrp8g1.jpg (GRAPHIC) — 56KB
• g943455prsta_ltrp9g1.jpg (GRAPHIC) — 253KB
• 0001193125-25-195447.txt ( ) — 6718KB

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 NYLI CBRE Global Infrastructure Megatrends Term Fund (MEGI) September 2025 Change in Board Composition and Structure is Not Warranted Page | 2 Change is Not Warranted The proposed change to the Fund's trustees is not warranted. The Board maintains confidence in its ability and the investment managers' ability to deliver attractive total returns and income over the life of the Fund. MEGI launched in October 2021 during a difficult period for high-yielding infrastructure assets. Despite headwinds, the Fund has maintained an attractive distribution level relative to its peers. NAV and market price performance over the trailing 6- and 12-month periods has been strong and the discount to Net Asset Value (NAV) has gradually improved. The Board and Fund management are committed to continued thoughtful actions designed to enhance long-term shareholder value and improve the relationship between the Fund's NAV and its market price. – Progressive fund structure: MEGI's limited-term structure is designed to benefit long-term shareowners, by providing shareholders liquidity at the end of the term at NAV and therefore eliminating the market price discount (if any) that a shareholder would recognize by selling its shares on the secondary trading market. – Competitive total expenses: The Fund's total operating expenses and management fees are competitive with peers. – Robust secondary market support: The Fund has a dedicated investor relations team that actively engages with shareholders and industry analysts through ongoing outreach and quarterly shareholder calls. – Discount narrowing initiatives: The Board approved a 15% increase to the Fund's monthly distribution. The Board approved the Fund's name change with the goal of highlighting the limited-term structure designed to benefit long-term shareholders. Page | 3 Experienced Nominees The Board's nominees have decades of experience in senior executive roles at leading asset managers and large public accounting firms, including Fidelity, The Carlyle Group, Groupe Arnault S.A., Arthur Andersen and Ernst and Young. Attributes of Incumbent Trustees Deep Expertise Active Oversight Independent Governance Significant closed-end fund, investment company, and/or business leadership experience; Best positioned and fully embrace their duty to protect and further the long-term interest of ALL shareholders; Strong track record of taking decisive actions to deliver performance, address the discount and enhance value for all shareholders; and Maintain confidence in their ability and the ability of the Fund and its investment team to perform over the long term and to deliver on the Fund's investment objective. 40+ 75+ ~100% Years of Closed-End Fund Years of Relevant Business Attendance at Experience Leadership Experience Board Meetings Page | 4 Sound Corporate Governance The Board has established various committees through which the Independent Trustees focus on matters relating to particular aspects of the Fund's operations, such as investments, risk oversight and compliance, Fund fees and expenses and financial reporting. Independent and Active Risk Oversight Audit Committee Respon

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