DMA News and Press, Destra Multi-Alternative Fund From 10/17/23

2023-10-17 07:34:32 ET Summary Closed-end funds are currently trading at historically deep discounts, with the average discount at -9.64% at the end of Q3 2023. Municipal bond funds are experiencing particularly wide discounts, with an average discount of -12.89%. Non-leverage...

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 p...

2023-10-04 09:34:59 ET Summary 2 out of 22 CEF sectors positive on price and 1 out of 22 sectors positive on NAV. PIMCO Energy & Tactical Credit Opps will change its investment policy to a multisector fixed income fund. This will likely provide a tailwind to the NRGX fund'...

2023-06-09 10:37:53 ET Destra Multi-Alternative Fund ( NYSE: DMA ) declares $0.0526/share monthly dividend , -1.3% decrease from prior dividend of $0.0533. Forward yield 11.62% Payable June 30; for shareholders of record June 20; ex-div June 19. See DMA D...

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,...

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 c...

2023-05-25 13:23:07 ET Summary 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. There is a reason the fund is trading at a 45% dis...

2023-05-09 09:10:23 ET Destra Multi-Alternative Fund ( NYSE: DMA ) declares $0.0533/share monthly dividend , -0.6% decrease from prior dividend of $0.0536. Forward yield 10.73% Payable May 31; for shareholders of record May 19; ex-div May 18. See DMA Divi...

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, 20...

2023-04-30 01:44:27 ET Summary 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. Volatility has been coming down in ...