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Jeremy Anagnos, portfolio manager at NYLI CBRE (NYSE:CBRE) Global Infrastructure Megatrends Term Fund (NYSE:MEGI), has acquired additional shares of the fund, according to a recent SEC filing. On March 10, Anagnos purchased 640 shares at a price of $12.5166 each, totaling $8,010. This transaction increases his total holdings to 25,840 shares in the $650 million market cap fund. InvestingPro data shows MEGI offers an attractive 12% dividend yield and has delivered a 10.2% return over the past year. The purchase indicates Anagnos’s continued interest and investment in the fund he manages. According to InvestingPro, MEGI has raised its dividend for three consecutive years, demonstrating consistent shareholder returns. Subscribers can access additional ProTips and detailed financial metrics to better understand the fund’s performance potential.
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