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 (NYSE: DMA) is a non-diversified, closed-end management investment company that focuses on alternative strategies and asset classes. Fund news releases describe it as a core alternative solution seeking long-term performance that is non-correlated to broad stock and bond markets, with an emphasis on income generation. The fund’s portfolio is centered on the Validex Dynamic Alpha hedged equity process and is diversified with allocations to direct private equity, real estate, alternative credit, and hedge strategies.
The DMA news stream highlights decisions by the Board of Trustees and the fund’s advisers that shape its structure, policies, and portfolio positioning. Regular announcements cover distribution policies and changes, including the launch of a monthly distribution program and subsequent distribution increases for defined periods. These updates often include commentary from fund leadership and the sub-adviser about portfolio transformation, income and gain generation, and the role of the Validex Dynamic Alpha process in supporting distributions.
Another key theme in DMA’s news is governance and shareholder actions. Press releases and related SEC filings report on annual and special meetings of stockholders, trustee elections, and proxy proposals. One notable example is the shareholder-approved revision of the fund’s fundamental policy regarding industry concentration, which removed the requirement to invest more than 25% of net assets in real estate-related securities. News items explain the rationale for this change and how it affects the fund’s flexibility in pursuing investment opportunities.
Fund communications also cover structural and disclosure changes, such as the shift from a perpetual term to a term that may expire on a specified date subject to conditions, and the move from quarterly to monthly full portfolio holdings disclosure with a shorter lag. Investors following DMA news can expect updates on distributions, policy changes, governance events, and portfolio disclosure practices, along with commentary from Destra Capital Advisors and Validex Global Investing on the fund’s alternative investment approach.
Destra Multi-Alternative Fund (NYSE: DMA) shareholders approved a proxy proposal at a Special Meeting on December 18, 2025 with approximately 79% of votes cast in favor. The approved change removes the Fund's former requirement to invest more than 25% of net assets in real estate securities, giving the Fund greater flexibility to pursue opportunities across asset classes. The proposal was unanimously recommended by the Fund's Board of Trustees and will take effect following shareholder approval. Management said it intends to transition a meaningful portion of current real estate exposure into liquid hedged strategies using the Validex Dynamic Alpha process. Additional details are available in the Fund's definitive proxy materials.
Destra Multi-Alternative Fund (NYSE: DMA) announced monthly distributions of $0.1125 per share for December 2025 through September 2026, payable on the last listed monthly pay dates with record dates in each month.
The Board approved a $0.02 per share (21.6%) increase versus October–November 2025 distributions of $0.0925. Using the Fund's reported NAV $10.22 and closing market price $8.73 as of December 5, 2025, the distribution equates to an annualized ~13.21% at NAV and ~15.46% at market price. The Fund offers a Dividend Reinvestment Plan and notes portions of distributions may be from short- or long-term capital gains or return of capital; final tax characterization will follow fiscal-year results.
Destra Multi-Alternative Fund (NYSE: DMA) announced a Board-approved distribution increase to $0.0925 per share for October and November 2025. Payment dates are Oct 31, 2025 and Nov 28, 2025 with record dates Oct 20, 2025 and Nov 17, 2025. The stated rate equals an ~10.80% annualized yield at NAV $10.28 (Oct 2) and an ~12.94% annualized yield at market close $8.58 (Oct 2). The Fund offers a Dividend Reinvestment Plan (DRP); direct shareholders are enrolled automatically unless they opt out. The notice warns distributions may include short-term or long-term capital gains or return of capital, with final tax characterizations provided after fiscal year end via Form 1099-DIV.
Destra Multi-Alternative Fund (NYSE:DMA) has announced its monthly distributions for September, October, and November 2025. The Board of Trustees approved a consistent monthly distribution rate of $0.0825 per share for each month.
The distributions represent an annualized rate of 9.64% based on the NAV of $10.27 per share as of August 15th, and an 11.47% annualized rate based on the market price of $8.63. The Fund continues to transition its portfolio into liquid hedged strategies using the Validex Dynamic Alpha process.
Shareholders can participate in the Dividend Reinvestment Plan (DRP), with distributions automatically reinvested in additional shares unless opted out.
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.
Summary not available.
Summary not available.