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 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.
On December 9, 2022, Destra Multi-Alternative Fund (NYSE: DMA) announced a monthly distribution of $0.0554 per share for December 2022. The record date is December 20, 2022, with payments made on December 30, 2022. With a share price of $6.75 as of December 7, 2022, this distribution equates to an annualized rate of approximately 9.84%. The Fund's Dividend Reinvestment Plan allows for automatic reinvestment of dividends unless opted out. Notably, distributions may include returns from sources beyond net investment income.
On November 8, 2022,
On October 11, 2022, Destra Multi-Alternative Fund (NYSE: DMA) announced a distribution of $0.0541 per share for October 2022. The record date is October 21, 2022, with a payable date of October 31, 2022. Trading ex-distribution begins on October 20, 2022. This distribution reflects an annualized rate of approximately 10.05% based on a share price of $6.46 as of October 7, 2022. Shareholders can automatically reinvest dividends unless opted out. Portions of the distribution may come from sources other than net investment income.
On September 9, 2022, the Destra Multi-Alternative Fund (DMA) declared a distribution of $0.0563 per share for September 2022, with a record date of September 20, 2022 and a payable date of September 30, 2022. The fund's current share price is $7.31, yielding an annualized distribution rate of approximately 9.24%. The Dividend Reinvestment Plan (DRP) allows automatic reinvestment of dividends unless opted out. Some distributions may originate from sources other than net investment income. Investors will be informed via notice if applicable.
On August 9, 2022, Destra Multi-Alternative Fund (NYSE: DMA) announced a distribution of $0.0572 per share for August 2022. The record date is August 19, 2022, with payments on August 31, 2022, and ex-distribution trading starting August 18, 2022. At a share price of $7.05, this represents an annualized distribution rate of approximately 9.74%. The Fund may distribute amounts from sources beyond net investment income. Shareholders can reinvest dividends via the Fund’s Dividend Reinvestment Plan.
On July 8, 2022, Destra Multi-Alternative Fund (NYSE: DMA) declared a distribution of $0.056 per share for July 2022. Shareholders will record this distribution on July 19, 2022, with payments issued by July 29, 2022. The distribution reflects an annualized rate of approximately 9.57%, based on a share price of $7.02 on July 6, 2022. The Fund's Dividend Reinvestment Plan allows shareholders to reinvest dividends unless opted out. Some distribution portions may derive from sources other than net investment income. For further details, visit Destra's website.
On June 7, 2022, Destra Multi-Alternative Fund (NYSE: DMA) announced a distribution of $0.0590 per share for June 2022. The record date is June 17, 2022, with payment on June 30, 2022. Shares will trade ex-distribution on June 16, 2022. Participants in the Fund's Dividend Reinvestment Plan will have dividends reinvested automatically unless opted out. A portion of the distribution may derive from sources other than net investment income, which will be confirmed in a Form 1099-DIV for tax purposes.
On May 10, 2022, Destra Multi-Alternative Fund (NYSE:DMA) announced a distribution of $0.0593 per share for May 2022. The record date for this distribution is May 20, 2022, with a payable date of May 31, 2022. The Fund will trade ex-distribution on May 19, 2022. Under the Dividend Reinvestment Plan, dividends will be reinvested unless shareholders opt for cash payments. A portion of this distribution may originate from sources other than net investment income, and shareholders will receive Form 1099-DIV for tax reporting.
FAQ
What is the current stock price of Destra Multi-Alternative Fund (DMA)?
What is the market cap of Destra Multi-Alternative Fund (DMA)?
What is Destra Multi-Alternative Fund (DMA)?
What is the investment objective of DMA?
How does DMA diversify its investments?
What are some recent achievements of DMA?
What are the current projects of DMA?
What is the financial condition of DMA?
Who are DMA's partners?
What makes DMA a compelling investment option?
How often does DMA offer its shares?
Where can I find the latest news on DMA?
