Destra Multi-Alternative Fund

DMA

Market cap $73.4M

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, announced today that Paul Kazarian has voluntarily stepped down from the Fund's Board of Trustees, effective February 12, 2026. The Board of Trustees thanks Mr. Kazarian for his service and contributions during his tenure and wishes him continued success in his future endeavors. The Fund will announce any updates regarding Board.

BOZEMAN, Mont.--(BUSINESS WIRE)--Destra Multi-Alternative Fund (NYSE: DMA) today announced that shareholders have approved the proposal presented at the Fund's Special Meeting of Shareholders, with approximately 79% of votes cast in favor of the proposal. The approved proposal revises the Fund's fundamental policy regarding industry concentration, removing the requirement that the Fund invest more than 25% of its net assets in securities of companies within the real estate industry. The change.

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 December 2025 through September 2026. The rate has been declared at $0.1125 per share in each month. Dec Jan Feb Mar Apr May Jun Jul Aug Sep DMA Pay Date 12/30/2025 1/30/2026 2/27/2026 3/31/2026 4/30/2026 5/29/2026 6/30/2026 7/31/2026 8/31/2026 9/30.

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 October and November 2025. The new rate has been declared at $0.0925 cents per share in each month:   October November DMA     Payment Date 10/31/2025 11/28/2025 Record Date 10/20/2025 11/17/2025 “Significant strides in portfolio performan.

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.

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.

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.

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.

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.

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.