MainStay CBRE Global Infrastructure Megatrends Fund (MainStay CBRE Global Infrastructure Megatrends Fund) Market Cap : $688.07 Mil (As of May. 14, 2024)

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What is MainStay CBRE Global Infrastructure Megatrends Fund Market Cap?

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). MainStay CBRE Global Infrastructure Megatrends Fund's share price for the quarter that ended in Nov. 2023 was $12.74. MainStay CBRE Global Infrastructure Megatrends Fund's Shares Outstanding (EOP) for the quarter that ended in Nov. 2023 was 52.05 Mil. Therefore, MainStay CBRE Global Infrastructure Megatrends Fund's market cap for the quarter that ended in Nov. 2023 was $663.09 Mil.

MainStay CBRE Global Infrastructure Megatrends Fund's quarterly market cap declined from Nov. 2022 ($748.44 Mil) to May. 2023 ($710.97 Mil) and declined from May. 2023 ($710.97 Mil) to Nov. 2023 ($663.09 Mil).

MainStay CBRE Global Infrastructure Megatrends Fund's annual market cap stayed the same from . 20 ($0.00 Mil) to May. 2022 ($0.00 Mil) but then increased from May. 2022 ($0.00 Mil) to May. 2023 ($710.97 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. MainStay CBRE Global Infrastructure Megatrends Fund's Enterprise Value for Today is $964.87 Mil.

MainStay CBRE Global Infrastructure Megatrends Fund Market Cap Historical Data

The historical data trend for MainStay CBRE Global Infrastructure Megatrends Fund's Market Cap 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.

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MainStay CBRE Global Infrastructure Megatrends Fund Market Cap Chart

MainStay CBRE Global Infrastructure Megatrends Fund Annual Data

Trend

May22

May23

Market Cap

710.97

MainStay CBRE Global Infrastructure Megatrends Fund Semi-Annual Data
	Nov22	May23	Nov23
Market Cap	748.44	710.97	663.09

Competitive Comparison of MainStay CBRE Global Infrastructure Megatrends Fund's Market Cap

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

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

* The bar in red indicates where MainStay CBRE Global Infrastructure Megatrends Fund's Market Cap falls into.

MainStay CBRE Global Infrastructure Megatrends Fund Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

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

Market Cap (A: May. 2023 )	=	Share Price (A: May. 2023 )	*	Shares Outstanding (EOP) (A: May. 2023 )
	=	$13.66	*	52.0475
	=	$710.97

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

Market Cap (Q: Nov. 2023 )	=	Share Price (Q: Nov. 2023 )	*	Shares Outstanding (EOP) (Q: Nov. 2023 )
	=	$12.74	*	52.0475
	=	$663.09

MainStay CBRE Global Infrastructure Megatrends Fund (NYSE:MEGI) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.

MainStay CBRE Global Infrastructure Megatrends Fund Market Cap Related Terms

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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 » Market Cap

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