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Richard S. Trutanic, a director at NYLI CBRE (NYSE:CBRE) Global Infrastructure Megatrends Term Fund (NYSE:MEGI), a $735 million infrastructure fund yielding an attractive 10.6% dividend, has sold 725 shares of the fund, according to a recent SEC filing. The shares were sold at a price of $14.02 each, amounting to a total transaction value of $10,164. InvestingPro data shows the fund has delivered impressive returns, up over 20% year-to-date. Following the transaction, Trutanic holds 1,669.52 shares, including those acquired through a dividend reinvestment plan. The fund has maintained its dividend increases for three consecutive years, according to InvestingPro, which offers additional insights and metrics for investors seeking detailed fund analysis.
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