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MainStay CBRE Global Infrastructure Megatrends Fund (MainStay CBRE Global Infrastructure Megatrends Fund) Selling, General, & Admin. Expense : $ Mil (TTM As of Nov. 2023)


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What is MainStay CBRE Global Infrastructure Megatrends Fund Selling, General, & Admin. Expense?

Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. MainStay CBRE Global Infrastructure Megatrends Fund's selling, general, & admin. expense for the six months ended in Nov. 2023 was $0.32 Mil. MainStay CBRE Global Infrastructure Megatrends Fund does not have enough years/quarters to calculate its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Nov. 2023.


MainStay CBRE Global Infrastructure Megatrends Fund Selling, General, & Admin. Expense Historical Data

The historical data trend for MainStay CBRE Global Infrastructure Megatrends Fund's Selling, General, & Admin. 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 Selling, General, & Admin. Expense Chart

MainStay CBRE Global Infrastructure Megatrends Fund Annual Data
Trend May22 May23
Selling, General, & Admin. Expense
- 0.28

MainStay CBRE Global Infrastructure Megatrends Fund Semi-Annual Data
Nov22 May23 Nov23
Selling, General, & Admin. Expense 0.19 0.09 0.32

Competitive Comparison of MainStay CBRE Global Infrastructure Megatrends Fund's Selling, General, & Admin. Expense

For the Asset Management subindustry, MainStay CBRE Global Infrastructure Megatrends Fund's Selling, General, & Admin. Expense, along with its competitors' market caps and Selling, General, & Admin. Expense 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 Selling, General, & Admin. Expense Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, MainStay CBRE Global Infrastructure Megatrends Fund's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where MainStay CBRE Global Infrastructure Megatrends Fund's Selling, General, & Admin. Expense falls into.



MainStay CBRE Global Infrastructure Megatrends Fund Selling, General, & Admin. Expense Calculation

Selling, General, & Admin. Expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. For instance, personnel cost, advertising, rent, communication costs are all part of SGA.


MainStay CBRE Global Infrastructure Megatrends Fund  (NYSE:MEGI) Selling, General, & Admin. Expense Explanation

An efficient operation keeps SGA costs low and thus has higher profit margin. The percentage of SGA relative to total revenue is an indication of how efficiently the company operates. Compare this percentage among the companies in the same industry is a good way of finding more efficient operations. A comparison of the SGA cost relative to the revenue with the historical value can also be an indication of how efficient the company has become.

Warren Buffett likes companies with consistent SGA as the percentage of gross profit.

Companies with no durable competitive advantage show wild variation in SG&A as % of Gross Profit.

If SGA is less than 30% of Gross Profit, it is fantastic. If SGA is nearing 100%, it is is in highly competitive industry.


MainStay CBRE Global Infrastructure Megatrends Fund Selling, General, & Admin. Expense 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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