Destra Multi-Alternative Fund

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

BOZEMAN, Mont.--(BUSINESS WIRE)--The Destra Multi-Alternative Fund (the “Fund” or “DMA”) is pleased to announce that the Fund's Board of Trustees has approved a change to the Fund's holdings disclosure policy (the “Policy”) and the frequency of the disclosure will move from quarterly to monthly. Effective immediately, the updated Policy provides for the disclosure of the Fund's complete portfolio holdings on the Fund's publicly available website at the end of each month, with a minimum lag time.

Destra Multi-Alternative Fund Announces Changes to Portfolio Holdings Disclosure Practices

Destra Multi-Alternative Fund has switched its structure from a perpetual fund to a term fund, offering the potential for a massive discount to be realized in the future. Saba Capital Management has taken a significant position in DMA, potentially influencing the fund's management and creating an opportunity for shareholders to benefit. The fund's term structure includes the possibility of an extension and tender offer for going perpetual; however, it also has a trigger to extend the term out for 3 years.

DMA: Structure Change Provides Significant Potential Opportunity

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Closed-End Funds: Revisiting Valuations As We End Q3 2023

BOZEMAN, Mont.--(BUSINESS WIRE)--Destra Multi-Alternative Fund (DMA) (the “Fund”) announced today that the Fund's Board of Trustees (the “Board”) has approved a change in the structure of the Fund and effective immediately, the Fund's term will change from perpetual to one that expires pursuant to its Amended and Restated Agreement and Declaration of Trust (“Declaration of Trust”). The Declaration of Trust provides that the Fund, unless certain targets are met, will dissolve at the close of bus.

Destra Multi-Alternative Fund Announces Changes to its Structure

BOZEMAN, Mont.--(BUSINESS WIRE)--On June 9, 2023, 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 distribution of $0.0526 per share for the month of June 2023. The record date for the distribution is June 20, 2023, and the payable date is June 30, 2023. The Fund will trade ex-distribution on June 19, 2023. Based on the Fund's current share price of $5.54 (as of its close on June 7, 2023), the distribut.

Destra Multi-Alternative Fund Declares June 2023 Distribution

BOZEMAN, Mont.--(BUSINESS WIRE)--Destra Multi-Alternative Fund (the "Fund" or "DMA"), is pleased to announce the release of its annual report for the ﬁscal year ended March 31, 2023 (the “Annual Report”). The Annual Report provides insights into the performance and strategic outlook of the Fund, along with commentary from the Fund's sub-adviser, Validus Growth Investors, LLC (“Validus”). The commentary from Validus included in the Annual Report provides a comprehensive analysis of the investmen.

Destra Multi-Alternative Fund Announces the Release of Annual Report and New Distribution Policy

The DMA fund attempts to offer investors access to institutional alternative assets. However, the returns performance has been very underwhelming, with -1.9% average annual returns over 10 years.

DMA: I'd Run Far Away From This Fund

BOZEMAN, Mont.--(BUSINESS WIRE)--On May 9, 2023, 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 distribution of $0.0533 per share for the month of May 2023. The record date for the distribution is May 19, 2023, and the payable date is May 31, 2023. The Fund will trade ex-distribution on May 18, 2023. Based on the Fund's current share price of $5.69 (as of its close on May 5, 2023), the distribution re.

Destra Multi-Alternative Fund Declares May 2023 Distribution

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Discounts/premiums are one of the most important metrics for CEFs that can provide opportunities for investors. Closed-end funds often see expanded discounts during volatile years, which we experienced in 2022.

Closed-End Fund: April 2023 Check On Valuation

BOZEMAN, Mont.--(BUSINESS WIRE)--On April 7, 2023, 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 distribution of $0.0536 per share for the month of April 2023. The record date for the distribution is April 18, 2023, and the payable date is April 28, 2023. The Fund will trade ex-distribution on April 17, 2023. Based on the Fund's current share price of $6.

Destra Multi-Alternative Fund Declares April 2023 Distribution

BOZEMAN, Mont.--(BUSINESS WIRE)--On March 9, 2023, 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 distribution of $0.0549 per share for the month of March 2023. The record date for the distribution is March 20, 2023, and the payable date is March 31, 2023. The Fund will trade ex-distribution on March 17, 2023. Based on the Fund's current share price of $6.

Destra Multi-Alternative Fund Declares March 2023 Distribution

BOZEMAN, Mont.--(BUSINESS WIRE)--On February 7, 2023, 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 distribution of $0.0562 per share for the month of February 2023. The record date for the distribution is February 17, 2023, and the payable date is February 28, 2023. The Fund will trade ex-distribution on February 16, 2023.

Destra Multi-Alternative Fund Declares February 2023 Distribution

BOZEMAN, Mont.--( BUSINESS WIRE )--On January 9, 2023, 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 distribution of $0.0549 per share for the month of January 2023. The record date for the distribution is January 20, 2023, and the payable date is January 31, 2023. The Fund will trade ex-distribution on January 19, 2023.

Destra Multi-Alternative Fund Declares January 2023 Distribution

BOZEMAN, Mont.--( BUSINESS WIRE )--On December 9, 2022, 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 distribution of $0.0554 per share for the month of December 2022. The record date for the distribution is December 20, 2022, and the payable date is December 30, 2022. The Fund will trade ex-distribution on December 19, 2022.

Destra Multi-Alternative Fund Declares December 2022 Distribution

Destra Multi-Alternative Fund Declares November 2022 Distribution

BOZEMAN, Mont.--(BUSINESS WIRE)--On October 11, 2022, Destra Multi-Alternative Fund (the “Fund” or “DMA”), a closed-end fund traded on the New York Stock Exchange under the symbol DMA, today declared a distribution of $0.0541 per share for the month of October 2022. The record date for the distribution is October 21, 2022, and the payable date is October 31, 2022. The Fund will trade ex-distribution on October 20, 2022. Based on the Fund's current share price of $6.46 (as of its close on Octobe

Destra Multi-Alternative Fund Declares October 2022 Distribution

BOZEMAN, Mont.--(BUSINESS WIRE)--On September 9, 2022, Destra Multi-Alternative Fund (the “Fund” or “DMA”), a closed-end fund traded on the New York Stock Exchange under the symbol DMA, today declared a distribution of $0.0563 per share for the month of September 2022. The record date for the distribution is September 20, 2022, and the payable date is September 30, 2022. The Fund will trade ex-distribution on September 19, 2022. Based on the Fund's current share price of $7.31 (as of its close

Destra Multi-Alternative Fund Declares September 2022 Distribution

A few days ago, the Polygon Network ecosystem project Dragoma (DMA) experienced abnormal price fluctuations after its listing on MEXC, as it fell sharply from 0.85USDT. MEXC immediately suspended DMA/USDT trading on August 8th due to abnormal on-chain transactions.MEXC ExchangeTo view an enhanced version o

MEXC Activated the "Investor Protection Fund" in Response to the Dragoma (DMA) Incident, and Launched the "Potion" Airdrop Compensation Benefits

BOZEMAN, Mont.--(BUSINESS WIRE)--On August 9, 2022, Destra Multi-Alternative Fund (the “Fund” or “DMA”), a closed-end fund traded on the New York Stock Exchange under the symbol DMA, today declared a distribution of $0.0572 per share for the month of August 2022. The record date for the distribution is August 19, 2022, and the payable date is August 31, 2022. The Fund will trade ex-distribution on August 18, 2022. Based on the Fund's current share price of $7.05 (as of its close on August 5, 20

Destra Multi-Alternative Fund Declares August 2022 Distribution

DMA is in a bit of a unique situation as it was previously a private interval fund that converted to a publicly-traded CEF. The fund trades at a huge discount, which presents the opportunity to question if it is worthwhile or not.

DMA: Is This A Bargain, Or Should You Avoid?

BOZEMAN, Mont.--(BUSINESS WIRE)--On July 8, 2022, Destra Multi-Alternative Fund (the “Fund” or “DMA”), a closed-end fund traded on the New York Stock Exchange under the symbol DMA, today declared a distribution of $0.056 per share for the month of July 2022. The record date for the distribution is July 19, 2022, and the payable date is July 29, 2022. The Fund will trade ex-distribution on July 18, 2022. Based on the Fund's current share price of $7.02 (as of its close on July 6, 2022), the dist

Destra Multi-Alternative Fund Declares July 2022 Distribution

BOZEMAN, Mont.--(BUSINESS WIRE)--On June 7, 2022, Destra Multi-Alternative Fund (the “Fund” or “DMA”), a closed-end fund traded on the New York Stock Exchange under the symbol DMA, today declared a distribution of $0.0590 per share for the month of June 2022. The record date for the distribution is June 17, 2022, and the payable date is June 30, 2022. The Fund will trade ex-distribution on June 16, 2022. Pursuant to the Fund's Dividend Reinvestment Plan (“DRP”), unless the registered owner of t

Destra Multi-Alternative Fund Declares June 2022 Distribution

BOZEMAN, Mont.--(BUSINESS WIRE)--On May 10, 2022, Destra Multi-Alternative Fund (the “Fund” or “DMA”), a closed-end fund traded on the New York Stock Exchange under the symbol DMA, today declared a distribution of $0.0593 per share for the month of May 2022. The record date for the distribution is May 20, 2022, and the payable date is May 31, 2022. The Fund will trade ex-distribution on May 19, 2022. Pursuant to the Fund's Dividend Reinvestment Plan (“DRP”), unless the registered owner of the F

Destra Multi-Alternative Fund Declares May 2022 Distribution

BOZEMAN, Mont.--(BUSINESS WIRE)--On April 8, 2022, Destra Multi-Alternative Fund (the “Fund” or “DMA”), a closed-end fund traded on the New York Stock Exchange under the symbol DMA, today declared a distribution of $0.0599 per share for the month of April 2022. The record date for the distribution is April 19, 2022, and the payable date is April 29, 2022. The Fund will trade ex-distribution on April 18, 2022. Pursuant to the Fund's Dividend Reinvestment Plan (“DRP”), unless the registered owner

News for Destra Multi-Alternative Fund ETF (DMA)