DMA
Destra Multi-Alternative Fund
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.
0
Funds holding %
of 6,809 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
0% more funds holding in top 10
Funds holding in top 10: 2 [Q2] → 2 (+0) [Q3]
4% less capital invested
Capital invested by funds: $35.5M [Q2] → $33.9M (-$1.56M) [Q3]
5.51% less ownership
Funds ownership: 49.17% [Q2] → 43.66% (-5.51%) [Q3]
20% less funds holding
Funds holding: 20 [Q2] → 16 (-4) [Q3]
50% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 8
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 4
Research analyst outlook
We haven’t received any recent analyst ratings for DMA.
Financial journalist opinion
Neutral
Business Wire
1 week ago
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.
Neutral
Business Wire
1 week ago
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.
Positive
Seeking Alpha
5 months ago
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.
Charts implemented using Lightweight Charts™