Jeremy Anagnos, a portfolio manager at NYLI CBRE (NYSE:CBRE) Global Infrastructure Megatrends Term Fund (NYSE:MEGI), a $689 million market cap fund with an impressive 11.5% dividend yield, recently purchased 200 shares of the fund, according to a Form 4 filing with the Securities and Exchange Commission. InvestingPro analysis shows the fund has delivered a solid 11.2% return year-to-date and maintains a "Good" Financial Health Score. The shares were acquired at a price of $13.28 each, amounting to a total transaction value of $2,656. Following this acquisition, Anagnos holds a total of 25,200 shares in the fund. According to InvestingPro, MEGI pays a significant dividend to shareholders, with several additional insights available to subscribers tracking insider movements and dividend sustainability.
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