DMA

Destra Multi-Alternative Fund

DMA

Market cap $78.8M

Overview Fund Activity

8.79 USD

-0.01

0.11%

At close Updated Sep 12, 4:00 PM EDT

1 day

-0.11%

5 days

2.33%

1 month

1.27%

3 months

1.03%

6 months

2.93%

Year to date

3.29%

1 year

4.52%

5 years

-1.35%

10 years

-1.35%

About: Destra Multi-Alternative Fund is a non-diversified, closed-end management investment company that operates as an interval fund with a continuous offering of fund shares. The investment objective of the fund is to seek returns from capital appreciation and income with an emphasis on income generation.

Financials Asset Management

0

Funds holding %

of 7,462 funds

–

Analysts bullish %

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

200% more first-time investments, than exits

New positions opened: 3 | Existing positions closed: 1

5% more funds holding

Funds holding: 22 [Q1] → 23 (+1) [Q2]

0% more funds holding in top 10

Funds holding in top 10: 1 [Q1] → 1 (+0) [Q2]

2% less capital invested

Capital invested by funds: $39.6M [Q1] → $38.9M (-$732K) [Q2]

2.54% less ownership

Funds ownership: 52.11% [Q1] → 49.57% (-2.54%) [Q2]

55% less repeat investments, than reductions

Existing positions increased: 5 | Existing positions reduced: 11

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Financial journalist opinion

Destra Multi-Alternative Fund Declares Distributions

BOZEMAN, Mont.--(BUSINESS WIRE)--The Destra Multi-Alternative Fund (the “Fund” or “DMA”), a closed-end fund traded on the New York Stock Exchange under the symbol DMA, is pleased to announce that its Board of Trustees have approved distributions for September, October, and November 2025. The rate has been declared at $0.0825 cents per share in each month: September October November DMA Payment Date 9/30/2025 10/31/2025 11/28/2025 Record Date 9/19/2025 10/20/2025 11/17/2025 “We are pleas.

Destra Multi-Alternative Fund Declares Distributions

Destra Multi-Alternative Fund Announces Distribution Increases

BOZEMAN, Mont.--(BUSINESS WIRE)--The Destra Multi-Alternative Fund (the “Fund” or “DMA”), a closed-end fund traded on the New York Stock Exchange under the symbol DMA, is pleased to announce that its Board of Trustees have approved a distribution increase for June, July, and August 2025. The new rate has been declared at $0.0825 cents per share in each month: June July August DMA $0.0825 $0.0825 $0.0825 Payment Date 6/30/2025 7/31/2025 8/29/2025 Record Date 6/18/2025 7/18/2025 8/18/2025 “We a.

Destra Multi-Alternative Fund Announces Distribution Increases

8 Closed-End Fund Buys (And 2 Sells) In The Month Of March 2025

This month we got some increased market volatility, allowing me to put some of my cash pile to work in my closed-end fund portfolio. I also sold out of two positions, as they were starting to become on the more expensive side in terms of discounts/premiums. Adding to my positions regularly every month increases my cash flow annually, and even every month it grows.

8 Closed-End Fund Buys (And 2 Sells) In The Month Of March 2025

DMA: Reintroducing A Monthly Distribution Adds More Appeal

Destra Multi-Alternative Fund has traded at a deep discount but is off some of the widest levels we've seen so far with changes over the years. The fund's strategy focuses on non-correlated alternative investments, but its high expenses and hedging strategy have kept total NAV returns muted. Despite relatively weaker underlying portfolio performance, that isn't necessarily a negative when there is an opportunity to realize the discount.

DMA: Reintroducing A Monthly Distribution Adds More Appeal

Destra Multi-Alternative Fund Announces Launch of Monthly Distribution Program

BOZEMAN, Mont.--(BUSINESS WIRE)--The Destra Multi-Alternative Fund (the “Fund” or “DMA”), a closed-end fund traded on the New York Stock Exchange under the symbol DMA, is pleased to announce that its Board of Trustees have approved a monthly distribution policy for shareholders beginning in March of 2025 and have declared per share dividends for March, April, and May 2025. These announcements are detailed below: March April May DMA $0.0725 $0.0725 $0.0725 Payment Date 3/31/2025 4/30/2025 5/30.

Destra Multi-Alternative Fund Announces Launch of Monthly Distribution Program

Closed-End Funds: Screening For Potential Opportunites To Kick Off Q1 2025

The closed-end fund space saw a significant narrowing of discounts throughout 2024 as equity markets charged higher and now discounts remain tight heading into 2025. In particular, equity CEFs have seen significantly narrowed discounts along with taxable fixed-income, though municipal bond funds look relatively attractive after widening discounts in December. We are screening for funds with the deepest discounts and widest z-scores to find potential buys and funds that may be getting a bit pricey as sell candidates.

Closed-End Funds: Screening For Potential Opportunites To Kick Off Q1 2025

CORRECTING and REPLACING Destra Multi-Alternative Fund Declares Year End 2024 Distribution

BOZEMAN, Mont.--(BUSINESS WIRE)--First paragraph, third sentence of release dated December 10, 2024, the ex-distribution date should be December 20, 2024 (instead of December 19, 2024). The updated release reads: DESTRA MULTI-ALTERNATIVE FUND DECLARES YEAR END 2024 DISTRIBUTION On December 10, 2024, Destra Multi-Alternative Fund (the “Fund” or “DMA”), a closed-end fund traded on the New York Stock Exchange under the symbol DMA, declared a year end distribution of $0.3239 per share for 2024. The.

CORRECTING and REPLACING Destra Multi-Alternative Fund Declares Year End 2024 Distribution

Destra Multi-Alternative Fund Declares Year End 2024 Distribution

BOZEMAN, Mont.--(BUSINESS WIRE)--On December 10, 2024, Destra Multi-Alternative Fund (the “Fund” or “DMA”), a closed-end fund traded on the New York Stock Exchange under the symbol DMA, declared a year end distribution of $0.3239 per share for 2024. The record date for the distribution is December 20, 2024, and the payable date is December 31, 2024. The Fund will trade ex-distribution on December 19, 2024. Pursuant to the Fund's Dividend Reinvestment Plan (“DRP”), unless the registered owner of.

Destra Multi-Alternative Fund Declares Year End 2024 Distribution

DMA: Liquidity Could Be A Problem For This Value-Priced Unique CEF

Destra Multi-Alternative Fund offers a unique strategy with investments in private securities, providing potential for high-yield and total return. The DMA closed-end fund's yield is currently uncertain due to lack of recent distributions, but its peer funds have yields between 7% and 9% right now, so this one could be around that. The fund employs reasonable leverage at 14.71% of the overall portfolio, trading discounted at 26.89% on net asset value with potential for capital gains.

DMA: Liquidity Could Be A Problem For This Value-Priced Unique CEF

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