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MainStay CBRE Global Infrastructure Megatrends Fund is a non-diversified, closed-end management investment company. The Fund's investment objective is to seek a high level of total return with an emphasis on current income. It invests predominantly in income-producing equity securities issued by infrastructure companies, including common stock, preferred stock, convertible securities, and rights or warrants to buy common stocks. The company intends to focus on three infrastructure megatrends: decarbonization, digital transformation, and asset modernization while making its investments.
Mainstay Cbre Glb Infr trades on the NYSE stock market under the symbol MEGI.
As of February 10, 2026, MEGI stock price climbed to $14.98 with 235,190 million shares trading.
MEGI has a beta of 0.38, meaning it tends to be less sensitive to market movements. MEGI has a correlation of 0.16 to the broad based SPY ETF.
MEGI has a market cap of $779.67 million. This is considered a Small Cap stock.
In the last 3 years, MEGI traded as high as $15.20 and as low as $10.63.
MEGI has outperformed the market in the last year with a price return of +32.3% while the SPY ETF gained +16.4%. MEGI has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +9.5% and +7.6%, respectively, while the SPY returned +3.4% and -0.1%, respectively.
MEGI support price is $14.65 and resistance is $14.91 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that MEGI shares will trade within this expected range on the day.