NYLI CBRE Global Infrastructure Megatrends Term Fund Declares Monthly Distributions for March–May 2026, 19(a) Notice Available

NYLI CBRE Global Infrastructure Megatrends Term Fund Declares Monthly Distributions for March, April and May 2026 and Availability of 19(a) Notice

NYLI CBRE Global Infrastructure Megatrends Term Fund declared three distributions of $0.1250 per common share for the months of March, April, and May 2026. The Fund’s current annualized distribution rate is 9.97% based upon the closing price of $15.05 on March 11, 2026, and 8.93% based upon the Fund’s closing NAV of $16.80 as of the same date.

Dividend Distribution Schedule:

 Ex-Dividend DateRecord DatePayable Date
March 20263-23-20263-23-20263-31-2026
April 20264-24-20264-24-20264-30-2026
May 20265-22-20265-22-20265-29-2026

The amounts and sources of distributions reported in this Notice are only estimates and are not being provided for tax reporting purposes. The actual amounts and sources of the amounts for tax reporting purposes will depend upon 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.

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 Distribution Policy.

Future earnings of the Fund cannot be guaranteed, and the Fund’s distribution policy is subject to change.

The Fund’s monthly distribution is set by its Board of Trustees. The Board reviews the Fund’s distribution on a quarterly basis in view of its net investment income, realized and unrealized gains, and other net unrealized appreciation or income expected during the remainder of the year. The Fund strives to establish a level monthly distribution that, over the course of the year, will serve to distribute an amount closely approximating the Fund’s net investment income and net realized capital gains during the year.

The following tables set 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.

For the period from March 1, 2026, to May 31, 2026, the Fund has declared three (3) regular monthly distributions totaling $0.375 per share. The sources of the distribution declared for each month are estimated as follows:

Data as of 3/31/2026
SourceCurrent Distribution per SharePercent of Current DistributionFiscal YTD Cumulative Distribution per ShareFiscal YTD Percent of Total Cumulative Distributions
Net Investment Income$0.00000%$0.875070%
Net Realized Short-Term Capital Gains$0.1250100%$0.125010%
Net Realized Long-Term Capital Gains$0.00000%$0.00000%
Return of Capital or Other Capital Sources$0.00000%$0.250020%
Total per Share$0.1250100%$1.2500100%
Data as of 4/30/2026
SourceCurrent Distribution per SharePercent of Current DistributionFiscal YTD Cumulative Distribution per ShareFiscal YTD Percent of Total Cumulative Distributions
Net Investment Income$0.00000%$0.875064%
Net Realized Short-Term Capital Gains$0.1250100%$0.250018%
Net Realized Long-Term Capital Gains$0.00000%$0.00000%
Return of Capital or Other Capital Sources$0.00000%$0.250018%
Total per Share$0.1250100%$1.3750100% 
Data as of 5/31/2026
SourceCurrent Distribution per SharePercent of Current DistributionFiscal YTD Cumulative Distribution per ShareFiscal YTD Percent of Total Cumulative Distributions
Net Investment Income$0.00000%$0.875058%
Net Realized Short-Term Capital Gains$0.1250100%$0.375025%
Net Realized Long-Term Capital Gains$0.00000%$0.00000%
Return of Capital or Other Capital Sources$0.00000%$0.250017%
Total per Share$0.1250100%$1.5000100%
     
Fund Performance and Distribution Rate Information as of 2/28/2026 
Average annual total return1 in relation to the net asset value (NAV)5.94%
Annualized current distribution rate expressed as a percentage of month end NAV as of 2/28/20268.49%2
Cumulative total return3 in relation to NAV (not annualized) for the fiscal period ending 11/30/31/202524.59%
Cumulative fiscal year distribution rate as a percentage of NAV as of 2/28/20266.37%4
 
1. Represents the annualized total return in relation to the change in NAV from inception (10/27/2021) through 2/28/2026.
2. Represents the current monthly distribution rate annualized as a percentage of NAV as of 2/28/2026.
3. Represents the cumulative total return in relation to the change in NAV for the current fiscal period 6/1/2025 through 2/28/2026.
4. Represents the cumulative distribution rate for the current fiscal period 6/1/2025 through 2/28/2026, which is determined by dividing the dollar value of distributions in the period by the NAV as of 2/28/2026.

There is no assurance the Fund will continue to pay regular monthly distributions or that it will do so at a particular rate.

You should not draw any conclusions about the Fund’s investment performance from the amount of its distribution to shareholders.

Any distributions in excess of the Fund’s current and accumulated earnings and profits will be treated first, as a tax-deferred return of capital, which is applied against and will reduce the adjusted tax basis of shares and, after such adjusted basis is reduced to zero, will generally constitute capital gains. A return of capital distribution may lower a shareholder’s basis in the Fund, causing a potential future tax consequence in connection with the sale of Fund shares, even if such shares are sold at a loss to the shareholder’s initial investments.

Any amounts and sources of distributions 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 a Form 1099-DIV for the calendar year that will advise how to report these distributions for federal income tax purposes.

The Fund is a closed-end fund, which is traded on the New York Stock Exchange and invests primarily in income-producing equity securities issued by infrastructure companies. Holdings are subject to change. Past performance is no guarantee of future results.

Before considering an investment in the Fund, you should understand that you could lose money. There are risks inherent in all investments.

About CBRE Investment Management
CBRE Investment Management Listed Real Assets LLC is the listed real assets arm of CBRE Investment Management, a leading global real assets investment management firm with $155.5 billion in assets under management* as of December 31, 2025, operating in 20 countries around the world. Through its investor-operator culture, the firm seeks to deliver sustainable investment solutions across real assets categories, geographies, risk profiles and execution formats so that its clients, people and communities thrive.

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