MEGI: The Global Economy Is Transforming And Going Digital, With Or Without AI

NYLI CBRE Global Infrastructure Megatrends Term Fund is rated a Strong Buy, offering a 9.9% yield and trading at a -10.4% NAV discount. MEGI’s portfolio is overweight utilities, positioned to benefit from secular megatrends like electrification, digital transformation, and global infrastructure modernization. The fund’s 12-year term structure supports discount narrowing as 2033 approaches, with monthly distributions currently covered by short-term capital gains. Risks include market corrections impacting utilities and reliance on capital gains for distributions, but MEGI’s diversified holdings and resilient cash flows underpin long-term return potential.