EX-99. C 4 d498367dex99c.htm NOTICES TO FUNDS SHAREHOLDERS IN ACCORDANCE WITH RULE 19A-1 Notices to Funds Shareholders In Accordance With Rule 19a-1

Exhibit (c)

MainStay CBRE Global Infrastructure Megatrends Fund (NYSE: MEGI)

 

 

 June 2023 Distribution Information

 

MainStay CBRE Global Infrastructure Megatrends Fund (MEGI) (the “Fund”) is providing this notice to shareholders with important information concerning the distribution declared for June 2023 in the amount of $0.1083 per common share. This notice is intended for informational purposes; no action is required on your part.

The following table sets forth the estimated sources of income of the current distribution, and the cumulative distributions paid this fiscal year to date from the following sources: net investment income, net realized short-term capital gains, net realized long-term capital gains and return of capital or other capital source. All amounts are expressed on a per share of common stock basis and as a percentage of the distribution amount.

 Data as of 6/30/2023 

 

 Source   

Current

Distribution per

Share

  

Percent of

Current

Distribution

   Fiscal YTD
Cumulative
Distribution per Share
    Fiscal YTD Percent of 
Total Cumulative
Distributions

Net Investment Income

   $0.0681    63%    $0.0681    63%

Net Realized Short-Term Capital Gains

   $0.0020    2%    $0.0020    2%

Net Realized Long-Term Capital Gains

   $0.0382    35%    $0.0382    35%

Return of Capital or Other Capital Sources

   $-    -%    $-    -%

Total per Share

   $0.1083    100%    $0.1083    100%

 

 Fund Performance and Distribution Rate Information as of 5/31/2023      

Average annual total return1 (in relation to the net asset value (NAV))

     –6.94%  

Annualized current distribution rate expressed as a percentage of month end NAV as of 5/31/2023

     7.51% 2  

Cumulative total return3 (in relation to NAV (not annualized)) for the fiscal period ending 5/31/2023

     –16.09%    

Cumulative fiscal year distribution rate as a percentage of NAV as of 5/31/2023

     8.08% 4  

 

  1.

Represents the annualized total return in relation to the change in NAV from inception (10/27/2021) through 5/31/2023.

 
  2.

Represents the current monthly distribution rate annualized as a percentage of NAV as of 5/31/2023.

 
  3.

Represents the cumulative total return in relation to the change in NAV for the current fiscal period 6/1/2022 through 5/31/2023.

 
  4.

Represents the cumulative distribution rate for the current fiscal period 6/1/2022 through 5/31/2023, which is determined by dividing the dollar value of distributions in the period by the NAV as of 5/31/2023.

 

 

LOGO


 

June 2023 Distribution Information

 

You should not draw any conclusions about the Fund’s investment performance from the amount of this distribution or from the terms of the Fund’s Managed Distribution Policy.

Please note: The amounts and sources of distributions reported in this 19(a) Notice are only estimated and are not being provided for tax reporting purposes. The actual amounts and sources of income of the amounts for tax reporting purposes will depend on the Fund’s investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The Fund will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes.

For questions regarding this notice, or for more information regarding the Fund, please contact your investment advisor, or call New York Life Investments at 855–456–9683.

 

 

LOGO

Neither New York Life Investment Management LLC, its affiliates, nor its representatives provide tax, legal, or accounting advice. Please contact your own tax advisors.

“New York Life Investments” is both a service mark, and the common trade name, of certain investment advisors affiliated with New York Life Insurance Company. The MainStay Funds® are managed by New York Life Investment Management LLC and distributed by NYLIFE Distributors LLC, 30 Hudson Street, Jersey City, NJ 07302, a wholly owned subsidiary of New York Life Insurance Company. NYLIFE Distributors LLC is a Member FINRA/SIPC.

 

5024665.2    

MSMEGI02j-06/23


MainStay CBRE Global Infrastructure Megatrends Term Fund (NYSE: MEGI)

 

 

 July 2023 Distribution Information

 

 

MainStay CBRE Global Infrastructure Megatrends Term Fund (MEGI) (the “Fund”) is providing this notice to shareholders with important information concerning the distribution declared for July 2023 in the amount of $0.1083 per common share. This notice is intended for informational purposes; no action is required on your part.

The following table sets forth the estimated sources of income of the current distribution, and the cumulative distributions paid this fiscal year to date from the following sources: net investment income, net realized short-term capital gains, net realized long-term capital gains and return of capital or other capital source. All amounts are expressed on a per share of common stock basis and as a percentage of the distribution amount.

 Data as of 7/31/2023

 

 Source   

Current

Distribution per
Share

  

Percent of

Current

Distribution

   Fiscal YTD
Cumulative
Distribution per Share
    Fiscal YTD Percent of 
Total Cumulative
Distributions

Net Investment Income

   $0.0681    63%    $0.1362    63%

Net Realized Short-Term Capital Gains

   $0.0020    2%    $0.0040    2%

Net Realized Long-Term Capital Gains

   $0.0382    35%    $0.0764    35%

Return of Capital or Other Capital Sources

   $-    -%    $-    -%

Total per Share

   $0.1083    100%    $0.2166    100%

 

 Fund Performance and Distribution Rate Information as of 6/30/2023   

Average annual total return1 (in relation to the net asset value (NAV))

     –5.27

Annualized current distribution rate expressed as a percentage of month end NAV as of 6/30/2023

     7.94 %2 

Cumulative total return3 (in relation to NAV (not annualized)) for the fiscal period ending 6/30/2023

     2.41 %   

Cumulative fiscal year distribution rate as a percentage of NAV as of 6/30/2023

     0.66 %4 

 

  1.

Represents the annualized total return in relation to the change in NAV from inception (10/27/2021) through 6/30/2023.

 
  2.

Represents the current monthly distribution rate annualized as a percentage of NAV as of 6/30/2023.

 
  3.

Represents the cumulative total return in relation to the change in NAV for the current fiscal period 6/1/2023 through 6/30/2023.

 
  4.

Represents the cumulative distribution rate for the current fiscal period 6/1/2023 through 6/30/2023, which is determined by dividing the dollar value of distributions in the period by the NAV as of 6/30/2023.

 

 

LOGO


 

July 2023 Distribution Information

 

You should not draw any conclusions about the Fund’s investment performance from the amount of this distribution or from the terms of the Fund’s Managed Distribution Policy.

Please note: The amounts and sources of distributions reported in this 19(a) Notice are only estimated and are not being provided for tax reporting purposes. The actual amounts and sources of income of the amounts for tax reporting purposes will depend on the Fund’s investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The Fund will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes.

For questions regarding this notice, or for more information regarding the Fund, please contact your investment advisor, or call New York Life Investments at 855–456–9683.

 

 

LOGO

Neither New York Life Investment Management LLC, its affiliates, nor its representatives provide tax, legal, or accounting advice. Please contact your own tax advisors.

“New York Life Investments” is both a service mark, and the common trade name, of certain investment advisors affiliated with New York Life Insurance Company. The MainStay Funds® are managed by New York Life Investment Management LLC and distributed by NYLIFE Distributors LLC, 30 Hudson Street, Jersey City, NJ 07302, a wholly owned subsidiary of New York Life Insurance Company. NYLIFE Distributors LLC is a Member FINRA/SIPC.

 

5024665.2    MSMEGI02l-07/23


MainStay CBRE Global Infrastructure Megatrends Term Fund (NYSE: MEGI)

 

 

August 2023 Distribution Information

MainStay CBRE Global Infrastructure Megatrends Term Fund (MEGI) (the “Fund”) is providing this notice to shareholders with important information concerning the distribution declared for August 2023 in the amount of $0.1250 per common share. This reflects the 15% increase in the Fund’s regular monthly distribution rate as announced by the Fund on July 26, 2023. This notice is intended for informational purposes; no action is required on your part.

The following table sets forth the estimated sources of income of the current distribution, and the cumulative distributions paid this fiscal year to date from the following sources: net investment income, net realized short-term capital gains, net realized long-term capital gains and return of capital or other capital source. All amounts are expressed on a per share of common stock basis and as a percentage of the distribution amount.

 Data as of 8/31/2023

 

 Source   

Current

Distribution per

Share

  

Percent of

Current

Distribution

  

Fiscal YTD

Cumulative

Distribution per Share

  

 Fiscal YTD Percent of 

Total Cumulative

Distributions

Net Investment Income

   $0.0837    67%    $0.2199    64%

Net Realized Short-Term Capital Gains

   $0.0083    7%    $0.0123    4%

Net Realized Long-Term Capital Gains

   $0.0330    26%    $0.1094    32%

Return of Capital or Other Capital Sources

   $-    -%    $-    -%

Total per Share

   $0.1250    100%    $0.3416    100%

 

 

 Fund Performance and Distribution Rate Information as of 7/31/2023

  

Average annual total return1 (in relation to the net asset value (NAV))

     –4.47

Annualized current distribution rate expressed as a percentage of month end NAV as of 7/31/2023

     7.91 %2 

Cumulative total return3 (in relation to NAV (not annualized)) for the fiscal period ending 7/31/2023

     3.47 %   

Cumulative fiscal year distribution rate as a percentage of NAV as of 7/31/2023

     1.32 %4 

 

  1.

Represents the annualized total return in relation to the change in NAV from inception (10/27/2021) through 7/31/2023.

 
  2.

Represents the current monthly distribution rate annualized as a percentage of NAV as of 7/31/2023.

 
  3.

Represents the cumulative total return in relation to the change in NAV for the current fiscal period 6/1/2023 through 7/31/2023.

 
  4.

Represents the cumulative distribution rate for the current fiscal period 6/1/2023 through 7/31/2023, which is determined by dividing the dollar value of distributions in the period by the NAV as of 7/31/2023.

 

 

LOGO


 

August 2023 Distribution Information

You should not draw any conclusions about the Fund’s investment performance from the amount of this distribution or from the terms of the Fund’s Managed Distribution Policy.

Please note: The amounts and sources of distributions reported in this 19(a) Notice are only estimated and are not being provided for tax reporting purposes. The actual amounts and sources of income of the amounts for tax reporting purposes will depend on the Fund’s investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The Fund will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes.

For questions regarding this notice, or for more information regarding the Fund, please contact your investment advisor, or call New York Life Investments at 855–456–9683.

 

 

 

LOGO

Neither New York Life Investment Management LLC, its affiliates, nor its representatives provide tax, legal, or accounting advice. Please contact your own tax advisors.

“New York Life Investments” is both a service mark, and the common trade name, of certain investment advisors affiliated with New York Life Insurance Company. The MainStay Funds® are managed by New York Life Investment Management LLC and distributed by NYLIFE Distributors LLC, 30 Hudson Street, Jersey City, NJ 07302, a wholly owned subsidiary of New York Life Insurance Company. NYLIFE Distributors LLC is a Member FINRA/SIPC.

 

5024665    MSMEGI02m-08/23


MainStay CBRE Global Infrastructure Megatrends Term Fund (NYSE: MEGI)

 

 

September 2023 Distribution Information

MainStay CBRE Global Infrastructure Megatrends Term Fund (MEGI) (the “Fund”) is providing this notice to shareholders with important information concerning the distribution declared for September 2023 in the amount of $0.1250 per common share. This notice is intended for informational purposes; no action is required on your part.

The following table sets forth the estimated sources of income of the current distribution, and the cumulative distributions paid this fiscal year to date from the following sources: net investment income, net realized short-term capital gains, net realized long-term capital gains and return of capital or other capital source. All amounts are expressed on a per share of common stock basis and as a percentage of the distribution amount.

 Data as of 9/30/2023

 

 Source   

Current

Distribution per

Share

  

Percent of

Current

Distribution

  

Fiscal YTD

Cumulative

Distribution per Share

  

 Fiscal YTD Percent of 

Total Cumulative

Distributions

Net Investment Income

   $0.0911    73%    $0.3110    67%

Net Realized Short-Term Capital Gains

   $0.0077    6%    $0.0200    4%

Net Realized Long-Term Capital Gains

   $0.0262    21%    $0.1356    29%

Return of Capital or Other Capital Sources

   $-    -%    $-
   -%

Total per Share

   $0.1250    100%    $0.4666    100%

 

 Fund Performance and Distribution Rate Information as of 8/31/2023   

Average annual total return1 (in relation to the net asset value (NAV))

     –7.69

Annualized current distribution rate expressed as a percentage of month end NAV as of 8/31/2023

     9.84 %2 

Cumulative total return3 (in relation to NAV (not annualized)) for the fiscal period ending 8/31/2023

     –3.24 %   

Cumulative fiscal year distribution rate as a percentage of NAV as of 8/31/2023

     2.24 %4 

 

  1.

Represents the annualized total return in relation to the change in NAV from inception (10/27/2021) through 8/31/2023.

 
  2.

Represents the current monthly distribution rate annualized as a percentage of NAV as of 8/31/2023.

 
  3.

Represents the cumulative total return in relation to the change in NAV for the current fiscal period 6/1/2023 through 8/31/2023.

 
  4.

Represents the cumulative distribution rate for the current fiscal period 6/1/2023 through 8/31/2023, which is determined by dividing the dollar value of distributions in the period by the NAV as of 8/31/2023.

 

 

LOGO


 

September 2023 Distribution Information

 

You should not draw any conclusions about the Fund’s investment performance from the amount of this distribution or from the terms of the Fund’s Managed Distribution Policy.

Please note: The amounts and sources of distributions reported in this 19(a) Notice are only estimated and are not being provided for tax reporting purposes. The actual amounts and sources of income of the amounts for tax reporting purposes will depend on the Fund’s investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The Fund will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes.

For questions regarding this notice, or for more information regarding the Fund, please contact your investment advisor, or call New York Life Investments at 855–456–9683.

 

 

 

LOGO

Neither New York Life Investment Management LLC, its affiliates, nor its representatives provide tax, legal, or accounting advice. Please contact your own tax advisors.

“New York Life Investments” is both a service mark, and the common trade name, of certain investment advisors affiliated with New York Life Insurance Company. The MainStay Funds® are managed by New York Life Investment Management LLC and distributed by NYLIFE Distributors LLC, 30 Hudson Street, Jersey City, NJ 07302, a wholly owned subsidiary of New York Life Insurance Company. NYLIFE Distributors LLC is a Member FINRA/SIPC.

 

5024665    MSMEGI02n-09/23


MainStay CBRE Global Infrastructure Megatrends Term Fund (NYSE: MEGI)

 

 

October 2023 Distribution Information

MainStay CBRE Global Infrastructure Megatrends Term Fund (MEGI) (the “Fund”) is providing this notice to shareholders with important information concerning the distribution declared for October 2023 in the amount of $0.1250 per common share. This notice is intended for informational purposes; no action is required on your part.

The following table sets forth the estimated sources of income of the current distribution, and the cumulative distributions paid this fiscal year to date from the following sources: net investment income, net realized short-term capital gains, net realized long-term capital gains and return of capital or other capital source. All amounts are expressed on a per share of common stock basis and as a percentage of the distribution amount.

 Data as of 10/31/2023

 

 Source   

Current

Distribution per

Share

  

Percent of

Current

Distribution

  

Fiscal YTD

Cumulative

Distribution per Share

    Fiscal YTD Percent of 
Total Cumulative
Distributions

Net Investment Income

   $0.0975    78%    $0.4085    69%

Net Realized Short-Term Capital Gains

   $0.0075    6%    $0.0275    5%

Net Realized Long-Term Capital Gains

   $0.0200    16%    $0.1556    26%

Return of Capital or Other Capital Sources

   $-    -%    $-    -%

Total per Share

   $0.1250    100%    $0.5916    100%

 

 Fund Performance and Distribution Rate Information as of 9/30/2023   

Average annual total return1 (in relation to the net asset value (NAV))

     –11.81

Annualized current distribution rate expressed as a percentage of month end NAV as of 9/30/2023

     10.92 %2   

Cumulative total return3 (in relation to NAV (not annualized)) for the fiscal period ending 9/30/2023

     –11.97

Cumulative fiscal year distribution rate as a percentage of NAV as of 9/30/2023

     3.40 %4 

 

  1.

Represents the annualized total return in relation to the change in NAV from inception (10/27/2021) through 9/30/2023.

 
  2.

Represents the current monthly distribution rate annualized as a percentage of NAV as of 9/30/2023.

 
  3.

Represents the cumulative total return in relation to the change in NAV for the current fiscal period 6/1/2023 through 9/30/2023.

 
  4.

Represents the cumulative distribution rate for the current fiscal period 6/1/2023 through 9/30/2023, which is determined by dividing the dollar value of distributions in the period by the NAV as of 9/30/2023.

 

 

LOGO


 

October 2023 Distribution Information

You should not draw any conclusions about the Fund’s investment performance from the amount of this distribution or from the terms of the Fund’s Managed Distribution Policy.

Please note: The amounts and sources of distributions reported in this 19(a) Notice are only estimated and are not being provided for tax reporting purposes. The actual amounts and sources of income of the amounts for tax reporting purposes will depend on the Fund’s investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The Fund will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes.

For questions regarding this notice, or for more information regarding the Fund, please contact your investment advisor, or call New York Life Investments at 855–456–9683.

 

 

 

LOGO

Neither New York Life Investment Management LLC, its affiliates, nor its representatives provide tax, legal, or accounting advice. Please contact your own tax advisors.

“New York Life Investments” is both a service mark, and the common trade name, of certain investment advisors affiliated with New York Life Insurance Company. The MainStay Funds® are managed by New York Life Investment Management LLC and distributed by NYLIFE Distributors LLC, 30 Hudson Street, Jersey City, NJ 07302, a wholly owned subsidiary of New York Life Insurance Company. NYLIFE Distributors LLC is a Member FINRA/SIPC.

 

5024665    MSMEGI18q-10/23


MainStay CBRE Global Infrastructure Megatrends Term Fund (NYSE: MEGI)

 

 

November 2023 Distribution Information

MainStay CBRE Global Infrastructure Megatrends Term Fund (MEGI) (the “Fund”) is providing this notice to shareholders with important information concerning the distribution declared for November 2023 in the amount of $0.1250 per common share. This notice is intended for informational purposes; no action is required on your part.

The following table sets forth the estimated sources of income of the current distribution, and the cumulative distributions paid this fiscal year to date from the following sources: net investment income, net realized short-term capital gains, net realized long-term capital gains and return of capital or other capital source. All amounts are expressed on a per share of common stock basis and as a percentage of the distribution amount.

 Data as of 11/30/2023

 

 Source   

Current

Distribution per

Share

  

Percent of

Current

Distribution

  

Fiscal YTD

Cumulative

Distribution per Share

  

 Fiscal YTD Percent of 

Total Cumulative

Distributions

Net Investment Income

   $0.1117    89%    $0.5202    73%

Net Realized Short-Term Capital Gains

   $0.0075    6%    $0.0350    5%

Net Realized Long-Term Capital Gains

   $0.0058    5%    $0.1614    22%

Return of Capital or Other Capital Sources

   $-    -%    $-    -%

Total per Share

   $0.1250    100%    $0.7166    100%

 

 Fund Performance and Distribution Rate Information as of 10/31/2023   

Average annual total return1 (in relation to the net asset value (NAV))

     –12.72

Annualized current distribution rate expressed as a percentage of month end NAV as of 10/31/2023

     11.37 %2 

Cumulative total return3 (in relation to NAV (not annualized)) for the fiscal period ending 10/31/2023

     –14.69 %   

Cumulative fiscal year distribution rate as a percentage of NAV as of 10/31/2023

     4.49 %4 

 

  1.

Represents the annualized total return in relation to the change in NAV from inception (10/27/2021) through 10/31/2023.

 
  2.

Represents the current monthly distribution rate annualized as a percentage of NAV as of 10/31/2023.

 
  3.

Represents the cumulative total return in relation to the change in NAV for the current fiscal period 6/1/2023 through 10/31/2023.

 
  4.

Represents the cumulative distribution rate for the current fiscal period 6/1/2023 through 10/31/2023, which is determined by dividing the dollar value of distributions in the period by the NAV as of 10/31/2023.

 

 

LOGO


 

November 2023 Distribution Information

You should not draw any conclusions about the Fund’s investment performance from the amount of this distribution or from the terms of the Fund’s Managed Distribution Policy.

Please note: The amounts and sources of distributions reported in this 19(a) Notice are only estimated and are not being provided for tax reporting purposes. The actual amounts and sources of income of the amounts for tax reporting purposes will depend on the Fund’s investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The Fund will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes.

For questions regarding this notice, or for more information regarding the Fund, please contact your investment advisor, or call New York Life Investments at 855–456–9683.

 

 

 

LOGO

Neither New York Life Investment Management LLC, its affiliates, nor its representatives provide tax, legal, or accounting advice. Please contact your own tax advisors.

“New York Life Investments” is both a service mark, and the common trade name, of certain investment advisors affiliated with New York Life Insurance Company. The MainStay Funds® are managed by New York Life Investment Management LLC and distributed by NYLIFE Distributors LLC, 30 Hudson Street, Jersey City, NJ 07302, a wholly owned subsidiary of New York Life Insurance Company. NYLIFE Distributors LLC is a Member FINRA/SIPC.

 

5024665    MSMEGI18r-11/23