Welcome to our dedicated page for Destra Multi-Alternative news (Ticker: DMA), a resource for investors and traders seeking the latest updates and insights on Destra Multi-Alternative stock.
Destra Multi-Alternative Fund (DMA) provides investors with a unique closed-end interval fund structure targeting capital growth and income generation. This news hub delivers verified updates about the fund's strategic initiatives and market positioning.
Access timely announcements including quarterly earnings reports, portfolio adjustments, and regulatory filings. Investors benefit from centralized access to management commentary, dividend declarations, and operational developments affecting this non-diversified investment vehicle.
Our curated news collection serves as an objective resource for tracking DMA's alternative investment strategies. Content spans acquisition activity, risk management updates, and insights into the fund's continuous share offering mechanism. All materials adhere to financial reporting standards for accuracy.
Bookmark this page for efficient monitoring of Destra Multi-Alternative Fund's evolving position in fixed income and equity markets. Regular updates ensure informed decision-making about this specialized investment product.
Destra Multi-Alternative Fund (DMA) has announced the implementation of a monthly distribution program starting March 2025. The Fund's Board of Trustees approved monthly distributions of $0.0725 per share for March, April, and May 2025, representing an ~8% annualized rate based on the NAV of $10.88 (as of February 24th) and ~10.22% based on the market price of $8.52.
The Fund offers a Dividend Reinvestment Plan (DRP) through Equiniti Trust Company, allowing shareholders to automatically reinvest dividends in additional shares. Shareholders can opt out to receive cash distributions instead. The distributions may come from various sources, including net investment income, short-term capital gain, long-term capital gain, or return of capital.
Destra Multi-Alternative Fund (DMA) has announced a year-end distribution of $0.3239 per share for 2024. The distribution's record date is set for December 20, 2024, with payment scheduled for December 31, 2024. The fund will trade ex-distribution on December 19, 2024.
The Fund operates under a Dividend Reinvestment Plan (DRP), automatically reinvesting dividends in additional Common Shares unless shareholders opt out. DMA is a core alternative solution traded on NYSE, focusing on alternative strategies including real estate, direct private equity, alternative credit, commodities, and hedge strategies.
Destra Multi-Alternative Fund (DMA) has announced a year-end distribution of $0.3239 per share for 2024. The distribution details include a record date of December 20, 2024, and a payable date of December 31, 2024. The Fund will trade ex-distribution on December 20, 2024.
The Fund offers a Dividend Reinvestment Plan (DRP) through Equiniti Trust Company, , automatically reinvesting dividends in additional Common Shares unless shareholders opt out. DMA is a closed-end fund traded on the NYSE that focuses on alternative strategies including real estate, direct private equity, alternative credit, commodities, and hedge strategies.
Shareholders should note that the distribution may be sourced from various channels, including short-term capital gain, long-term capital gain, or return of capital. Final tax characteristics will be determined after the Fund's year end and reported via Form 1099-DIV.
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.
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