MainStay CBRE Global Infrastructure Megatrends Fund (MainStay CBRE Global Infrastructure Megatrends Fund) Accounts Payable & Accrued Expense : $5.56 Mil (As of Nov. 2023)

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What is MainStay CBRE Global Infrastructure Megatrends Fund Accounts Payable & Accrued Expense?

MainStay CBRE Global Infrastructure Megatrends Fund's quarterly accounts payable & accrued expense declined from Nov. 2022 ($4.91 Mil) to May. 2023 ($4.03 Mil) but then increased from May. 2023 ($4.03 Mil) to Nov. 2023 ($5.56 Mil).

MainStay CBRE Global Infrastructure Megatrends Fund's annual accounts payable & accrued expense increased from . 20 ($0.00 Mil) to May. 2022 ($3.94 Mil) and increased from May. 2022 ($3.94 Mil) to May. 2023 ($4.03 Mil).

MainStay CBRE Global Infrastructure Megatrends Fund Accounts Payable & Accrued Expense Historical Data

The historical data trend for MainStay CBRE Global Infrastructure Megatrends Fund's Accounts Payable & Accrued Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

MainStay CBRE Global Infrastructure Megatrends Fund Accounts Payable & Accrued Expense Chart

MainStay CBRE Global Infrastructure Megatrends Fund Annual Data

Trend

May22

May23

Accounts Payable & Accrued Expense

3.94

4.03

MainStay CBRE Global Infrastructure Megatrends Fund Semi-Annual Data
	Nov22	May23	Nov23
Accounts Payable & Accrued Expense	4.91	4.03	5.56

MainStay CBRE Global Infrastructure Megatrends Fund Accounts Payable & Accrued Expense Calculation

Accounts payable & accrued expense usually includes accounts payable, accrued compensation and related benefits, etc.

Accounts payable is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents.

It is part of the current portion of the liabilities (due within one year or within the normal operating cycle if longer) reflected on the balace sheet of the company. A higher Accounts Payable means lower Working Capital needed to operate the business.

MainStay CBRE Global Infrastructure Megatrends Fund (MainStay CBRE Global Infrastructure Megatrends Fund) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » MainStay CBRE Global Infrastructure Megatrends Fund (NYSE:MEGI) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

51 Madison Avenue, New York, NY, USA, 10010

Website

https://www.newyorklifeinvestments.com

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.

Executives

Jacques P Perold	director	51 MADISON AVENUE, NEW YORK NY 10010
Joseph P Smith	other: Portfolio Manager	201 KING OF PRUSSIA RD SUITE 600, RADNOR PA 19087
Jeremy Anagnos	other: Portfolio Manager	201 KING OF PRUSSIA ROAD, SUITE 600, RADNOR PA 19087
Naim Abou-jaoude	other: CEO, NY LIFE INVEST MGMENT LLC	200 ALDERSGATE STREET, C/O CANDRIAM, NORTH ENTRANCE, LONDON X0 EC1A4HD
Alain M Karaoglan	other: Chairman & Interim CEO	230 PARK AVENUE, NEW YORK NY 10169
Richard S Trutanic	director	51 MADISON AVENUE, NEW YORK NY 10010
Kevin M Gleason	officer: Chief Compliance Officer	30 HUDSON STREET, JERSEY CITY NJ 07302
Daniel Ryan Foley	other: Portfolio Manager	201 KING OF PRUSSIA ROAD, SUITE 600, RADNOR PA 19087
Kirk C Lehneis	officer: President	51 MADISON AVENUE, NEW YORK NY 10010
Hinds Howard	other: Portfolio Manager	201 KING OF PRUSSIA ROAD, SUITE 600, RADNOR PA 19087
Cbre Investment Management Listed Real Assets Llc	other: Subadviser	555 EAST LANCASTER AVENUE, SUITE 120, RADNOR PA 19087
Alan R Latshaw	director	51 MADISON AVENUE, NEW YORK NY 10010
Yie-hsin Hung	director	30 HUDSON STREET, JERSEY CITY NJ 07302
Scott T Harrington	officer: Vice President-Administration	169 LACKAWANNA AVENUE, PARSIPPANY NJ 07054
Susan B Kerley	director	51 MADISON AVENUE, NEW YORK NY 10010