Welcome to our dedicated page for Destra Multi-Alternative Fund news (Ticker: DMA), a resource for investors and traders seeking the latest updates and insights on Destra Multi-Alternative Fund stock.
The Destra Multi-Alternative Fund (DMA) is a non-diversified, closed-end management investment company. Operating as an interval fund, DMA offers a continuous offering of fund shares. The core investment objective of this fund is to seek returns from capital appreciation and income, with a significant emphasis on income generation.
The fund diversifies its investments across multiple asset classes and strategies, providing investors with exposure to a broad range of alternative investments. This approach aims to reduce risk and enhance returns through the inclusion of less traditional asset classes in the portfolio.
Recent Achievements:
- Successful portfolio rebalancing to optimize income generation.
- Strategic expansion into new alternative investment sectors to enhance diversification.
Current Projects:
- Ongoing analysis and incorporation of emerging markets and asset classes.
- Continuous evaluation of portfolio performance against benchmarks to ensure alignment with investment objectives.
Financial Condition:
The Destra Multi-Alternative Fund is structured to steadily grow its assets under management while maintaining a focus on income generation. The fund applies rigorous financial analysis to its investments, ensuring that each asset contributes to the overall objective of capital appreciation and income.
Partnerships:
DMA collaborates with experienced management and advisory teams who bring expertise in alternative investments. These partnerships are crucial in identifying promising investment opportunities and managing the complexities associated with diverse asset classes.
Investors in the Destra Multi-Alternative Fund benefit from professional management and a strategic approach to income generation, making it a compelling option for those seeking a balanced approach to capital appreciation and consistent income.
On April 7, 2023, Destra Multi-Alternative Fund (NYSE: DMA) announced a monthly distribution of $0.0536 per share for April 2023. The record date is April 18, 2023, with a payable date of April 28, 2023. The Fund's last closing price was $6.10, indicating an annualized distribution rate of approximately 10.54%. The Fund engages in alternative investments such as real estate and private equity, aiming for returns non-correlated to traditional markets. Shareholders can reinvest dividends through the Dividend Reinvestment Plan (DRP) or opt for cash distributions. Notably, some distributions may derive from sources beyond net investment income, and the fund will clarify the source upon fiscal year-end. For more details, visit Destra Capital.
On March 9, 2023, the Destra Multi-Alternative Fund (NYSE:DMA) declared a monthly distribution of $0.0549 per share for March 2023. The record date for this distribution is set for March 20, 2023, with a payable date of March 31, 2023. With a share price of $6.81 as of March 7, 2023, this distribution equates to an annualized rate of 9.67%. Investors can opt into the Dividend Reinvestment Plan, which automatically reinvests dividends. Portions of distributions may arise from sources outside net investment income, as determined after the Fund's fiscal year.
On February 7, 2023, the Destra Multi-Alternative Fund (NYSE: DMA) announced a monthly distribution of $0.0562 per share for February 2023. The record date is February 17, 2023, with payment on February 28, 2023. Based on a share price of $6.80 as of February 3, 2023, this distribution equates to an annualized rate of approximately 9.92%. Shareholders can reinvest dividends through a Dividend Reinvestment Plan unless they elect to receive cash. The Fund primarily invests in alternative strategies and assets, aiming for long-term performance that is non-correlated to traditional markets.
On January 9, 2023, Destra Multi-Alternative Fund (NYSE: DMA) declared a $0.0549 distribution per share for January 2023. The record date is January 20, 2023, with payments made on January 31, 2023. This distribution reflects an annualized yield of approximately 9.67% based on the share price of $6.81 as of January 5, 2023. The Fund's Dividend Reinvestment Plan allows automatic reinvestment of dividends unless opted out by shareholders. Portions of the distribution may be from sources other than net investment income.
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