Destra Multi-Alternative:DMA

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    Overview

    As of 6/21/2024

     Share
    Price
    NAVPremium/
    Discount
    Current$7.50$11.45-34.50%
    52 Wk Avg$6.50$10.88-40.34%
    52 Wk High$8.00$11.46-28.69%
    52 Wk Low$4.78$10.34-54.46%
    Regular Distribution TypeManaged Distribution
    Distribution Rate0.70%
    Distribution Amount$0.0526
    Distribution FrequencyAnnually
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    The investment objective of the Fund is to seek returns from capital appreciation and income with an emphasis on income generation. The Fund pursues its investment objective by investing primarily in the income-producing securities of real estate investment trusts (“REITs”) and alternative investment funds, as well as common stocks and structured notes, notes, bonds and asset-backed securities.

    Capital Structure

    As of 6/21/2024

    Total Investment Exposure:$117.605M
    Total Common Assets:$102.629M
    Common Shares Outstanding:8,963,239
    Leverage

    As of 6/21/2024

    Preferred Share Assets:
    Total Debt (USD): $14.976M
    Regulatory Leverage (USD): $14.976M
    Effective Leverage (USD): $14.976M
    Effective Leverage (%): 12.73%
    Annual Expense Ratios

    As of 3/31/2024

      Per Common Share
    Management FeesN/A
    Other Expenses:N/A
    Baseline Expense: N/A
    Interest Expense:N/A
    Total: 4.74%
    Fund Management

    Fund Sponsor
    Destra Capital Advisors LLC

    Portfolio Managers
    Mark C. Scalzo, Zach Leeds

    Basics
    Category: Hybrid-U.S. Allocation
    Ticker: DMA
    NAV Ticker: XDMAX
    Average Daily Volume (shares): 49,637
    Average Daily Volume (USD): $0.307M
    Inception Date: 1/13/2022
    Inception Share Price:
    Inception NAV: $12.00
    Tender Offer: No
    Term: No
    Fiscal Year End: March 31
    Third Party Links & Reports

    Distributions

    As of 6/21/2024

    Past performance is no guarantee of future results.
    Distribution History

    Enter declared start and end dates to display distribution history below. Income, Long Gain, Short Gain and ROC breakdowns will only be shown for the past year.

    Declared Date Payable Date Ex Date Distrib Amount Income Long Gain Short Gain ROC

    *Indicates a Special Distribution: A distribution disbursed in addition to the normal distributions paid out by the company.

    Key Information Regarding Distributions
    Avg. Earnings Per Share:
    As of 3/31/2024
    $0.0027
    Annualized Distribution Rate on NAV:
    As of 6/21/2024
    0.46%
    Total Return on NAV (12 months):
    As of 6/21/2024
    9.02%
    Total % Portfolio Effectively Leveraged:
    As of 6/21/2024
    12.73%

    Pricing Information

    Premium/Discount Information
    Past performance is no guarantee of future results.
    Premium/Discount Information

    As of 6/21/2024

    PeriodAvg Discount
    6 Month-35.24%
    1 Year-40.34%
    3 Year 
    5 Year 
    Z-Score

    As of 6/21/2024

    PeriodZStat
    3 Month-0.23
    6 Month0.18
    1 Year0.84
    Pricing History
    Date NAV Premium / Discount

    Performance

    Calendar Year Total Returns

    As of 5/31/2024
    Category: Morningstar US CEF US Allocation

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    YTD20.71%0.99%9.89%7.20%
    2023-3.83%5.14%8.46%10.55%
    2022 -4.52%-17.94%-12.77%
    2021 6.03%25.66%17.24%
    2020 -6.60%0.91%6.36%
    2019 9.54%29.77%22.10%
    2018 -6.99%-8.36%-4.98%
    2017 2.97%21.52%14.50%
    2016 7.79%17.59%13.14%
    2015 -0.64%-9.73%-7.35%
    2014 9.61%11.82%9.17%
    2013 9.20%19.53%19.58%
    Past performance is no guarantee of future results.
    Annualized Total Returns

    Returns for periods less than one year are cumulative rather than annualized

    As of 5/31/2024
    Category: Morningstar US CEF US Allocation

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Number of Holdings:
    As of 3/31/2024
    92
    Annual Portfolio Turnover:
    As of 3/31/2024
    23.00%
    Asset Allocation

    As of 3/31/2024

    Top Sectors

    As of 3/31/2024

    Sector%Portfolio
    Cyclical (Super Sector)22.05%
    Real Estate16.83%
    Sensitive (Super Sector)6.66%
    Corporate (Super Sector)5.09%
    Financial Services3.84%
    Corporate Bond3.58%
    Communication Services2.42%
    Industrials1.70%
    Preferred Stock1.51%
    Defensive (Super Sector)1.42%
    Top Holdings

    As of 3/31/2024

    HoldingValue% Portfolio
    Canyon Clo Fund Iii Cayman Ltd$14.67M14.78%
    Clarion Lion Industrial Trust$13.45M13.55%
    Canyon Clo Fund Ii Lp$8.61M8.68%
    Aventine Property Group, Inc.$6.89M6.95%
    Preservation Reit 1 Inc$6.44M6.49%
    NewLake Capital Partners Inc Ordinary Shares$5.24M5.28%
    Treehouse Reit, Inc.$5.18M5.22%
    Healthcare Realty Trust Inc$4.97M5.00%
    Always Ai Inc$3.97M4.00%
    Nuture Series B$3.93M3.96%
    Credit Quality

    As of 3/31/2024

    Maturity Breakdown

    As of 3/31/2024

    Country Allocation

    As of 3/31/2024

    Country% Portfolio
    United States - Equity30.29%
    United States - Fixed Income1.45%
    Singapore - Equity0.00%
    Brazil - Equity0.00%
    China - Equity0.00%
    United Kingdom - Equity0.00%
    Switzerland - Equity0.00%
    Netherlands - Equity0.00%

    Closed-end fund historical distribution sources have included net investment income, realized gains, and return of capital. For more detailed information on the distributions of a specific fund, please visit the sponsor's website.

    NOTES:

    Distribution type sourced from Morningstar. In general, managed distributions may be sourced from net investment income, realized gains and return of capital. CEFConnect.com does not undertake to disclose specific information about closed-end fund distribution sources. For specific information about a fund's distribution sources, visit the fund sponsor's website.

    The following information applies to closed-end funds in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation. Shares of closed-end funds are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

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