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.
Destra Multi-Alternative Fund reports developments for an NYSE-listed closed-end fund focused on alternative strategies and asset classes. DMA seeks long-term performance that is non-correlated to broad stock and bond markets, with investments described across real estate, direct private equity, alternative credit and hedge strategies.
Recurring news includes monthly distribution declarations and distribution-rate changes approved by the Board of Trustees, portfolio-allocation policy updates, shareholder votes and governance changes. Fund releases also identify Destra Capital Advisors LLC as investment adviser and secondary market servicing agent, and Validus Growth Investors LLC (dba Validex Global Investing) as investment sub-adviser, including references to liquid hedged strategies and the Validex Dynamic Alpha process.
On November 8, 2022, org value="NYSE:DMA"Destra Multi-Alternative Fund declared a distribution of $0.0561 per share for November 2022, with a record date of November 18, 2022 and a payable date of November 30, 2022. Based on its current share price of $6.75, this represents an annualized distribution rate of approximately 9.97%. Shareholders may participate in the fund's Dividend Reinvestment Plan to reinvest dividends unless opted out. A portion of the distribution may derive from sources other than net investment income.
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.
On April 8, 2022, the Destra Multi-Alternative Fund (NYSE: DMA) announced a monthly distribution of $0.0599 per share for April 2022. The record date for this distribution is April 19, 2022, with payments scheduled for April 29, 2022, and the ex-distribution date being April 18, 2022. Shareholders can reinvest dividends through the Dividend Reinvestment Plan, or receive them in cash. Some distributions may come from sources other than net investment income. The Fund aims for long-term performance through alternative strategies across various asset classes.
On March 11, 2022, Destra Multi-Alternative Fund (NYSE: DMA) announced a distribution of $0.0593 per share for March 2022. The record date is March 21, 2022, with payment on March 31, 2022. The shares will trade ex-distribution on March 18, 2022. Dividends will be automatically reinvested unless shareholders opt for cash payments. Portions of the distribution may derive from sources other than net investment income, impacting tax reporting. For more details, visit Destra Capital's website.
On February 8, 2022, Destra Multi-Alternative Fund (NYSE: DMA) declared a distribution of $0.0597 per share for February 2022. The record date is set for February 18, 2022, with the payment scheduled for February 28, 2022. The fund will trade ex-distribution on February 17, 2022. Dividends can be automatically reinvested through its Dividend Reinvestment Plan (DRP) unless shareholders opt-out. A portion of the distribution may arise from sources other than net investment income. For more details, visit www.destracapital.com.