Portfolio manager Howard Hinds increased his position in the NYLI CBRE Global Infrastructure Megatrends Term Fund by purchasing 5,500 shares on April 15, 2026. The purchase price was $15.146 per share, bringing the total consideration for the transaction to $83,303.
The trade was disclosed publicly in a Form 4/A filing submitted to the Securities and Exchange Commission. Following this acquisition, Hinds' direct holdings in the fund total 7,010 shares.
At the time of the trade, the $15.146 per-share purchase price was close to the fund's 52-week high of $15.89. The fund's shares are currently trading at $15.33.
Performance and income metrics disclosed in the reporting show the fund has appreciated by 29% over the past 12 months and pays a 9.8% dividend yield. The filing and related commentary note that MEGI pays a sizeable dividend to shareholders and is trading close to its 52-week peak; additional tips and commentary are cited as available to subscribers of InvestingPro Tips.
Context and implications
The filing provides a clear, contemporaneous record of the transaction and the manager's updated ownership level. The purchase price relative to the 52-week high and current trading price offers investors a snapshot of the fund's recent market position. The fund's year-over-year return and dividend yield are material data points for investors assessing total return and income characteristics.
Key takeaways
- Howard Hinds purchased 5,500 shares of NYLI CBRE Global Infrastructure Megatrends Term Fund at $15.146 per share on April 15, 2026, totaling $83,303.
- After the transaction, Hinds directly owns 7,010 shares, as reported in a Form 4/A filing with the SEC.
- MEGI has returned 29% over the past year and currently offers a 9.8% dividend yield, trading near its 52-week high of $15.89 with a current price of $15.33.
Notes on the record
The document filed with the SEC serves as the official disclosure of the insider transaction and the resulting change in ownership. The performance and dividend figures cited in the filing offer investors measurable indicators of the fund's recent returns and income profile.