MEGI SCHEDULE 13D/A: Activist campaign

Saba Capital Management, L.P.

Filed with the SEC on · accession 0001062993-26-004497

MEGI filed a SCHEDULE 13D/A (schedule 13d/a) with the SEC on Aug 18, 2026. Saba Capital Management, L.P. filed an amended Schedule 13D disclosing a series of open-market sales of common shares of NYLI CBRE Global Infrastructure Megatrends Term Fund (MEGI) between June 26 and August 17, 2026. The stock moved +0.4% by the first close after the filing.

Summary of the filing

Saba Capital Management, L.P. filed an amended Schedule 13D disclosing a series of open-market sales of common shares of NYLI CBRE Global Infrastructure Megatrends Term Fund (MEGI) between June 26 and August 17, 2026. All disclosed transactions were sales, indicating a reduction in Saba Capital's activist position.

Key details

Total shares sold across disclosed transactions$583K
Activist shareholder (filer)Saba Capital Management, L.P.
IssuerNYLI CBRE Global Infrastructure Megatrends Term Fund

How MEGI stock reacted

Close before

$15.19

Aug 17, 2026

First close after

+0.39%

$15.25

5 trading days

-2.11%

$14.87

Since filing

-5.66%

$14.33

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Frequently asked questions

What did MEGI file with the SEC on Aug 18, 2026?

MEGI filed a SCHEDULE 13D/A (Activist campaign). Saba Capital Management, L.P. filed an amended Schedule 13D disclosing a series of open-market sales of common shares of NYLI CBRE Global Infrastructure Megatrends Term Fund (MEGI) between June 26 and August 17, 2026. All disclosed transactions were sales, indicating a reduction in Saba Capital's activist position.

What does a activist campaign mean for MEGI stock?

A settlement removes uncertainty; the stock often reacts to whether the amount is bigger or smaller than investors expected.

How do I read a SCHEDULE 13D/A?

A report the company filed with the SEC (the US market regulator). Start with the summary, then the key amounts and names. Compare it with the company’s earlier filings.

Why are SEC filings important?

Public companies must tell the SEC about anything that can change their value — results, leadership changes, big deals, new shares, bankruptcy. Filings are the official source, often before the news. A SCHEDULE 13D/A (schedule 13d/a): A report the company filed with the SEC (the US market regulator).

How did MEGI stock react to this filing?

MEGI closed at $15.19 before the filing and $15.25 on Aug 18, 2026 (+0.39%). Five trading days later: $14.87 (-2.11%).

Other MEGI SEC filings

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