MainStay CBRE Global Infrastructure Megatrends Fund (MainStay CBRE Global Infrastructure Megatrends Fund) FCF Yield % : 20.31 (As of May. 13, 2024)

View and export this data going back to 1990. Start your Free Trial

What is MainStay CBRE Global Infrastructure Megatrends Fund FCF Yield %?

FCF Yield % is calculated as Free Cash Flow divided by Market Capitalization. It is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

As of today, MainStay CBRE Global Infrastructure Megatrends Fund's Trailing 12-Month Free Cash Flow is $139.74 Mil, and Market Cap is $688.07 Mil. Therefore, MainStay CBRE Global Infrastructure Megatrends Fund's FCF Yield % for today is 20.31%.

The historical rank and industry rank for MainStay CBRE Global Infrastructure Megatrends Fund's FCF Yield % or its related term are showing as below:

MEGI' s FCF Yield % Range Over the Past 10 Years
Min: 0 Med: 0 Max: 34.3
Current: 20.31

During the past 2 years, the highest FCF Yield % of MainStay CBRE Global Infrastructure Megatrends Fund was 34.30%. The lowest was 0.00%. And the median was 0.00%.

MEGI's FCF Yield % is ranked better than
89.53% of 1595 companies
in the Asset Management industry
Industry Median: 2.98 vs MEGI: 20.31

MainStay CBRE Global Infrastructure Megatrends Fund's FCF Margin % for the quarter that ended in Nov. 2023 was -193.75%.

MainStay CBRE Global Infrastructure Megatrends Fund FCF Yield % Historical Data

The historical data trend for MainStay CBRE Global Infrastructure Megatrends Fund's FCF Yield % 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 FCF Yield % Chart

MainStay CBRE Global Infrastructure Megatrends Fund Annual Data

Trend

May22

May23

FCF Yield %

27.07

MainStay CBRE Global Infrastructure Megatrends Fund Semi-Annual Data
	Nov22	May23	Nov23
FCF Yield %	30.73	21.78	18.79

Competitive Comparison of MainStay CBRE Global Infrastructure Megatrends Fund's FCF Yield %

For the Asset Management subindustry, MainStay CBRE Global Infrastructure Megatrends Fund's FCF Yield %, along with its competitors' market caps and FCF Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

MainStay CBRE Global Infrastructure Megatrends Fund's FCF Yield % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, MainStay CBRE Global Infrastructure Megatrends Fund's FCF Yield % distribution charts can be found below:

* The bar in red indicates where MainStay CBRE Global Infrastructure Megatrends Fund's FCF Yield % falls into.

MainStay CBRE Global Infrastructure Megatrends Fund FCF Yield % Calculation

FCF Yield % is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

MainStay CBRE Global Infrastructure Megatrends Fund's FCF Yield % for the fiscal year that ended in May. 2023 is calculated as

FCF Yield %	=	Free Cash Flow	/	Market Cap
	=	192.426	/	710.96885
	=	27.07%

MainStay CBRE Global Infrastructure Megatrends Fund's annualized FCF Yield % for the quarter that ended in Nov. 2023 is calculated as

FCF Yield %	=	Free Cash Flow	*	Annualized Factor	/	Market Cap
	=	62.299	*	2	/	663.08515
	=	18.79%

MainStay CBRE Global Infrastructure Megatrends Fund FCF Yield % Explanation

Similar to Earnings Yield %, FCF Yield % is financial solvency ratio. A lower ratio suggests a less attractive investment, indicating that investors might not receive substantial returns in proportion to their investment. Conversely, a high free cash flow yield signals that a company generates sufficient cash to comfortably meet its debts, obligations, and dividend payments, making it a promising investment choice.

MainStay CBRE Global Infrastructure Megatrends Fund FCF Yield % Related Terms

Thank you for viewing the detailed overview of MainStay CBRE Global Infrastructure Megatrends Fund's FCF Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.

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 » FCF Yield %

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