DMA

Destra Multi-Alternative Fund
DMA

$8.60

0.47%

Market Cap: $77.1M

0

Funds holding %

of 6,728 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

200% more first-time investments, than exits

New positions opened: 3 | Existing positions closed: 1

20% more capital invested

Capital invested by funds: $29.1M [Q1] → $35M (+$5.91M) [Q2]

11% more funds holding

Funds holding: 18 [Q1] → 20 (+2) [Q2]

6.92% more ownership

Funds ownership: 41.57% [Q1] → 48.49% (+6.92%) [Q2]

0% more funds holding in top 10

Funds holding in top 10: 2 [Q1] → 2 (+0) [Q2]

14% less repeat investments, than reductions

Existing positions increased: 6 | Existing positions reduced: 7

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Research analyst outlook

We haven’t received any recent analyst ratings for DMA.

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Financial journalist opinion

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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