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    Destra Multi-Alternative Fund (DMA)

    Price:

    9.04 USD

    ( - -0.10 USD)

    Your position:

    0 USD

    ACTION PANEL
    CREATE A NOTE
    ABOUT
    Symbol
    DMA
    Name
    Destra Multi-Alternative Fund
    Industry
    Asset Management
    Sector
    Financial Services
    Price
    9.040
    Market Cap
    81.028M
    Enterprise value
    70.673M
    Currency
    USD
    Ceo
    Randi Jean Roessler
    Full Time Employees
    Ipo Date
    2022-01-13
    City
    San Diego
    Address
    13520 Evening Creek Drive North

    Check the

    KEY TAKEAWAYS

    ASK OUR AI ABOUT THE COMPANY (REGISTER FOR EARLY ACCESS)
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    SIMILAR COMPANIES STI SCORE

    Similar STI Score

    State Street Corporation

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    7

    Symbol
    STT-PG
    Market Cap
    35.629B
    Industry
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    Sector
    Financial Services

    2nd position

    FS Credit Opportunities Corp.

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    13

    Symbol
    FSCO
    Market Cap
    1.235B
    Industry
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    Sector
    Financial Services

    The best

    ClearBridge Energy Midstream Opportunity Fund Inc

    VALUE SCORE:

    15

    Symbol
    EMO
    Market Cap
    810.054M
    Industry
    Asset Management
    Sector
    Financial Services
    FUNDAMENTALS
    P/E
    -11.521
    P/S
    -27.720
    P/B
    0.699
    Debt/Equity
    0.121
    EV/FCF
    24.804
    Price to operating cash flow
    -1.000
    Price to free cash flow
    -1.000
    EV/sales
    -31.483
    Earnings yield
    -0.087
    Debt/assets
    0.101
    FUNDAMENTALS
    Net debt/ebidta
    -1.992
    Interest coverage
    -2.703
    Research And Developement To Revenue
    0
    Intangile to total assets
    0
    Capex to operating cash flow
    0
    Capex to revenue
    0
    Capex to depreciation
    0
    Return on tangible assets
    -0.051
    Debt to market cap
    0.136
    Piotroski Score
    FUNDAMENTALS
    PEG
    -0.115
    P/CF
    17.145
    P/FCF
    21.839
    RoA %
    -5.075
    RoIC %
    -5.081
    Gross Profit Margin %
    169.879
    Quick Ratio
    5.641
    Current Ratio
    5.641
    Net Profit Margin %
    188.894
    Net-Net
    -2.457
    FUNDAMENTALS PER SHARE
    FCF per share
    0.527
    Revenue per share
    -0.415
    Net income per share
    -0.785
    Operating cash flow per share
    0.527
    Free cash flow per share
    0.527
    Cash per share
    0
    Book value per share
    12.931
    Tangible book value per share
    12.931
    Shareholders equity per share
    12.931
    Interest debt per share
    1.853
    TECHNICAL
    52 weeks high
    9.150
    52 weeks low
    7.170
    Current trading session High
    9.150
    Current trading session Low
    9.040
    DIVIDEND
    Dividend yield
    11.7%
    Payout ratio
    -64.3%
    Years of div. Increase
    1.000
    Years of div.
    4.000
    Q-shift
    Dividend per share
    1.056
    SIMILAR COMPANIES
    logo

    Country
    US
    Sector
    Financial Services
    Industry
    Asset Management
    Dividend yield
    0.02918352%
    Payout Ratio
    -50.480217%
    P/E
    0
    logo

    Country
    DE
    Sector
    Financial Services
    Industry
    Asset Management
    Dividend yield
    0.015908815%
    Payout Ratio
    0%
    P/E
    7.295
    logo

    Country
    US
    Sector
    Financial Services
    Industry
    Asset Management - Income
    Dividend yield
    0.10706932%
    Payout Ratio
    0%
    P/E
    9.928
    logo

    Country
    US
    Sector
    Financial Services
    Industry
    Asset Management - Income
    Dividend yield
    0.12549801%
    Payout Ratio
    75.27158%
    P/E
    5.998
    DESCRIPTION

    Multi-Strategy Growth & Income Fund is a closed ended balanced mutual fund launched and managed by Pinhook Capital, LLC. It invests in public equity and fixed income markets of the United States. For its equity portion, the fund primarily invests directly, in other funds, and through derivatives such as options to invest in stocks of companies operating in the real estate sector, including real estate investment trusts. It invests in stocks of companies across all market capitalizations. For its fixed income portfolio, the fund invests in structured notes, notes, bonds and asset-backed securities. It employs a combination of fundamental and quantitative analysis while focusing on factors such as highest expected income, potential for capital appreciation, and relatively low volatility to create its portfolio. Multi-Strategy Growth & Income Fund was formed on June 3, 2011 and is domiciled in the United States.

    NEWS
    https://images.financialmodelingprep.com/news/increased-distributions-declared-by-destra-multialternative-fund-20251209.jpg
    Increased Distributions Declared by Destra Multi-Alternative Fund

    businesswire.com

    2025-12-09 09:00:00

    BOZEMAN, Mont.--(BUSINESS WIRE)--The Destra Multi-Alternative Fund (the “Fund” or “DMA”), a closed-end fund traded on the New York Stock Exchange under the symbol DMA, is pleased to announce that its Board of Trustees have approved distributions for December 2025 through September 2026. The rate has been declared at $0.1125 per share in each month. Dec Jan Feb Mar Apr May Jun Jul Aug Sep DMA Pay Date 12/30/2025 1/30/2026 2/27/2026 3/31/2026 4/30/2026 5/29/2026 6/30/2026 7/31/2026 8/31/2026 9/30.

    https://images.financialmodelingprep.com/news/meta-to-revamp-facebook-and-instagram-ads-in-eu-20251208.jpg
    Meta to revamp Facebook and Instagram ads in EU after DMA compliance push

    invezz.com

    2025-12-08 08:47:11

    Meta is preparing a significant shift in how personalised advertising functions across Facebook and Instagram in the European Union, after months of pressure from the European Commission to comply with the Digital Markets Act.

    https://images.financialmodelingprep.com/news/mcdonalds-shares-cross-below-200-dma-20251201.jpg
    McDonald's Shares Cross Below 200 DMA

    forbes.com

    2025-12-01 12:20:03

    In trading on Monday, shares of McDonald's crossed below their 200 day moving average of $305.87, changing hands as low as $305.40 per share. McDonald's shares are currently trading down about 1.1% on the day.

    https://images.financialmodelingprep.com/news/apple-tells-eu-commission-it-meets-digital-markets-act-20251128.jpg
    Apple tells EU Commission it meets Digital Markets Act (DMA) thresholds

    reuters.com

    2025-11-28 02:50:38

    U.S. tech giant Apple told the European Commission its core platform services Apple Ads and Apple Maps meet the thresholds set by the Digital Markets Act, the Commission said in a statement on Friday.

    https://images.financialmodelingprep.com/news/hartford-insurance-group-shares-cross-below-200-dma-20251028.jpg
    Hartford Insurance Group Shares Cross Below 200 DMA

    forbes.com

    2025-10-28 12:00:16

    In trading on Tuesday, shares of Hartford Insurance Group crossed below their 200 day moving average of $123.45, changing hands as low as $120.33 per share. Hartford Insurance Group shares are currently trading off about 2.1% on the day.

    https://images.financialmodelingprep.com/news/increased-distribution-announced-by-destra-multialternative-fund-20251006.jpg
    Increased Distribution Announced by Destra Multi-Alternative Fund

    businesswire.com

    2025-10-06 09:00:00

    BOZEMAN, Mont.--(BUSINESS WIRE)--The Destra Multi-Alternative Fund (the “Fund” or “DMA”), a closed-end fund traded on the New York Stock Exchange under the symbol DMA, is pleased to announce that its Board of Trustees have approved a distribution increase for October and November 2025. The new rate has been declared at $0.0925 cents per share in each month:   October November DMA     Payment Date 10/31/2025 11/28/2025 Record Date 10/20/2025 11/17/2025 “Significant strides in portfolio performan.

    https://images.financialmodelingprep.com/news/destra-multialternative-fund-declares-distributions-20250818.jpg
    Destra Multi-Alternative Fund Declares Distributions

    businesswire.com

    2025-08-18 09:00:00

    BOZEMAN, Mont.--(BUSINESS WIRE)--The Destra Multi-Alternative Fund (the “Fund” or “DMA”), a closed-end fund traded on the New York Stock Exchange under the symbol DMA, is pleased to announce that its Board of Trustees have approved distributions for September, October, and November 2025. The rate has been declared at $0.0825 cents per share in each month:   September October November DMA       Payment Date 9/30/2025 10/31/2025 11/28/2025 Record Date 9/19/2025 10/20/2025 11/17/2025 “We are pleas.

    https://images.financialmodelingprep.com/news/home-depot-shares-cross-above-200-dma-20250805.jpg
    Home Depot Shares Cross Above 200 DMA

    forbes.com

    2025-08-05 11:25:07

    In trading on Tuesday, shares of Home Depot crossed above their 200 day moving average of $383.64, changing hands as high as $384.58 per share. Home Depot shares are currently trading up about 0.4% on the day.

    https://images.financialmodelingprep.com/news/waste-energy-corp-selects-texas-for-first-wastetoenergy-site-20250609.jpg
    Waste Energy Corp Selects Texas for First Waste-to-Energy Site, Targets Houston DMA as Strategic Launch Point

    accessnewswire.com

    2025-06-09 08:25:00

    Company Completes SEC 10-Q Filing and Finalizes Transition to Full-Scale Waste-to-Energy Operations FAIRFIELD, CA / ACCESS Newswire / June 9, 2025 / Waste Energy Corp ("Waste Energy" or the "Company"), (OTCQB:WAST), an emerging leader in sustainable waste-to-energy innovation, today announced that it has selected Texas as the location of its first waste-to-energy (WTE) facility. The company will relocate its corporate headquarters to Houston, Texas, and is actively engaged in securing a site within the Houston Designated Market Area (DMA)-widely recognized as the energy capital of the United States-for the launch of full-scale operations.

    https://images.financialmodelingprep.com/news/destra-multialternative-fund-announces-distribution-increases-20250519.jpg
    Destra Multi-Alternative Fund Announces Distribution Increases

    businesswire.com

    2025-05-19 09:00:00

    BOZEMAN, Mont.--(BUSINESS WIRE)--The Destra Multi-Alternative Fund (the “Fund” or “DMA”), a closed-end fund traded on the New York Stock Exchange under the symbol DMA, is pleased to announce that its Board of Trustees have approved a distribution increase for June, July, and August 2025. The new rate has been declared at $0.0825 cents per share in each month:   June July August DMA $0.0825 $0.0825 $0.0825 Payment Date 6/30/2025 7/31/2025 8/29/2025 Record Date 6/18/2025 7/18/2025 8/18/2025 “We a.

    https://images.financialmodelingprep.com/news/8-closedend-fund-buys-and-2-sells-in-the-20250414.jpg
    8 Closed-End Fund Buys (And 2 Sells) In The Month Of March 2025

    seekingalpha.com

    2025-04-14 15:01:28

    This month we got some increased market volatility, allowing me to put some of my cash pile to work in my closed-end fund portfolio. I also sold out of two positions, as they were starting to become on the more expensive side in terms of discounts/premiums. Adding to my positions regularly every month increases my cash flow annually, and even every month it grows.

    https://images.financialmodelingprep.com/news/dma-reintroducing-a-monthly-distribution-adds-more-appeal-20250323.jpg
    DMA: Reintroducing A Monthly Distribution Adds More Appeal

    seekingalpha.com

    2025-03-23 10:20:18

    Destra Multi-Alternative Fund has traded at a deep discount but is off some of the widest levels we've seen so far with changes over the years. The fund's strategy focuses on non-correlated alternative investments, but its high expenses and hedging strategy have kept total NAV returns muted. Despite relatively weaker underlying portfolio performance, that isn't necessarily a negative when there is an opportunity to realize the discount.

    https://images.financialmodelingprep.com/news/exclusive-google-faces-eu-charges-of-breaching-dma-rules-20250221.jpg
    Exclusive: Google faces EU charges of breaching DMA rules, sources say

    reuters.com

    2025-02-21 10:33:48

    EU antitrust regulators are set to charge Alphabet unit Google with breaching EU rules aimed at checking the power of Big Tech after proposed changes to its search results failed to address their concerns and those of their rivals, people with direct knowledge of the matter said.

    https://images.financialmodelingprep.com/news/closedend-funds-screening-for-potential-opportunites-to-kick-off-20250113.jpg
    Closed-End Funds: Screening For Potential Opportunites To Kick Off Q1 2025

    seekingalpha.com

    2025-01-13 15:59:32

    The closed-end fund space saw a significant narrowing of discounts throughout 2024 as equity markets charged higher and now discounts remain tight heading into 2025. In particular, equity CEFs have seen significantly narrowed discounts along with taxable fixed-income, though municipal bond funds look relatively attractive after widening discounts in December. We are screening for funds with the deepest discounts and widest z-scores to find potential buys and funds that may be getting a bit pricey as sell candidates.

    https://images.financialmodelingprep.com/news/google-wraps-blue-links-search-test-lobbies-for-less-20241212.jpg
    Google wraps ‘blue links' search test, lobbies for less maximalist application of EU's DMA

    techcrunch.com

    2024-12-12 12:09:35

    Google has ended a test in which it was returning basic “blue link” search results for hotel-related searches in a handful of markets in the European Union, in response to compliance complaints related to the bloc's Digital Markets Act (DMA). These blue links appeared instead of visually richer results, where its search engine will display thumbnail photos of hotels along with price info and also plotting their location on a map.

    https://images.financialmodelingprep.com/news/correcting-and-replacing-destra-multialternative-fund-declares-year-end-20241211.jpg
    CORRECTING and REPLACING Destra Multi-Alternative Fund Declares Year End 2024 Distribution

    businesswire.com

    2024-12-11 12:45:00

    BOZEMAN, Mont.--(BUSINESS WIRE)--First paragraph, third sentence of release dated December 10, 2024, the ex-distribution date should be December 20, 2024 (instead of December 19, 2024). The updated release reads: DESTRA MULTI-ALTERNATIVE FUND DECLARES YEAR END 2024 DISTRIBUTION On December 10, 2024, Destra Multi-Alternative Fund (the “Fund” or “DMA”), a closed-end fund traded on the New York Stock Exchange under the symbol DMA, declared a year end distribution of $0.3239 per share for 2024. The.