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MainStay CBRE Global Infrastructure Megatrends Fund (MainStay CBRE Global Infrastructure Megatrends Fund) Pretax Margin % : 101.02% (As of Nov. 2023)


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What is MainStay CBRE Global Infrastructure Megatrends Fund Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. MainStay CBRE Global Infrastructure Megatrends Fund's Pre-Tax Income for the six months ended in Nov. 2023 was $-32.48 Mil. MainStay CBRE Global Infrastructure Megatrends Fund's Revenue for the six months ended in Nov. 2023 was $-32.16 Mil. Therefore, MainStay CBRE Global Infrastructure Megatrends Fund's pretax margin for the quarter that ended in Nov. 2023 was 101.02%.

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

MEGI' s Pretax Margin % Range Over the Past 10 Years
Min: 100.3   Med: 100.3   Max: 101.04
Current: 101.04


MEGI's Pretax Margin % is ranked better than
81.59% of 1668 companies
in the Asset Management industry
Industry Median: 90.52 vs MEGI: 101.04

MainStay CBRE Global Infrastructure Megatrends Fund Pretax Margin % Historical Data

The historical data trend for MainStay CBRE Global Infrastructure Megatrends Fund's Pretax Margin % 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 Pretax Margin % Chart

MainStay CBRE Global Infrastructure Megatrends Fund Annual Data
Trend May22 May23
Pretax Margin %
- 100.30

MainStay CBRE Global Infrastructure Megatrends Fund Semi-Annual Data
Nov22 May23 Nov23
Pretax Margin % 100.14 101.06 101.02

Competitive Comparison of MainStay CBRE Global Infrastructure Megatrends Fund's Pretax Margin %

For the Asset Management subindustry, MainStay CBRE Global Infrastructure Megatrends Fund's Pretax Margin %, along with its competitors' market caps and Pretax Margin % 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 Pretax Margin % Distribution in the Asset Management Industry

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

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



MainStay CBRE Global Infrastructure Megatrends Fund Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

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

Pretax Margin=Pre-Tax Income (A: May. 2023 )/Revenue (A: May. 2023 )
=-172.225/-171.713
=100.30 %

MainStay CBRE Global Infrastructure Megatrends Fund's Pretax Margin for the quarter that ended in Nov. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Nov. 2023 )/Revenue (Q: Nov. 2023 )
=-32.482/-32.155
=101.02 %

* 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.


MainStay CBRE Global Infrastructure Megatrends Fund  (NYSE:MEGI) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


MainStay CBRE Global Infrastructure Megatrends Fund Pretax Margin % Related Terms

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

Traded in Other Exchanges
N/A
Address
51 Madison Avenue, New York, NY, USA, 10010
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

MainStay CBRE Global Infrastructure Megatrends Fund (MainStay CBRE Global Infrastructure Megatrends Fund) Headlines

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