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    Destra Multi-Alternative Fund (DMA)

    Price:

    8.54 USD

    ( - -0.02 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
    8.540
    Market Cap
    76.546M
    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

    KKR & Co. Inc.

    VALUE SCORE:

    7

    Symbol
    KKR
    Market Cap
    86.132B
    Industry
    Asset Management
    Sector
    Financial Services

    2nd position

    FS Credit Opportunities Corp.

    VALUE SCORE:

    13

    Symbol
    FSCO
    Market Cap
    1.045B
    Industry
    Asset Management
    Sector
    Financial Services

    The best

    RiverNorth Opportunities Fund, Inc.

    VALUE SCORE:

    14

    Symbol
    RIV
    Market Cap
    261.683M
    Industry
    Asset Management
    Sector
    Financial Services
    FUNDAMENTALS
    P/E
    -22.059
    P/S
    4.515
    P/B
    0.833
    Debt/Equity
    0.120
    EV/FCF
    54.119
    Price to operating cash flow
    -1.000
    Price to free cash flow
    -1.000
    EV/sales
    5.110
    Earnings yield
    -0.045
    Debt/assets
    0.105
    FUNDAMENTALS
    Net debt/ebidta
    -5.299
    Interest coverage
    -2.797
    Research And Developement To Revenue
    0
    Intangile to total assets
    0
    Capex to operating cash flow
    0.000
    Capex to revenue
    0.000
    Capex to depreciation
    0
    Return on tangible assets
    -0.033
    Debt to market cap
    0.144
    Piotroski Score
    FUNDAMENTALS
    PEG
    -0.365
    P/CF
    47.823
    P/FCF
    47.822
    RoA %
    -3.318
    RoIC %
    -1.841
    Gross Profit Margin %
    17.796
    Quick Ratio
    1.354
    Current Ratio
    1.354
    Net Profit Margin %
    -20.468
    Net-Net
    -0.361
    FUNDAMENTALS PER SHARE
    FCF per share
    0.179
    Revenue per share
    1.891
    Net income per share
    -0.387
    Operating cash flow per share
    0.179
    Free cash flow per share
    0.179
    Cash per share
    0.987
    Book value per share
    10.254
    Tangible book value per share
    10.254
    Shareholders equity per share
    10.254
    Interest debt per share
    1.303
    TECHNICAL
    52 weeks high
    9.150
    52 weeks low
    7.170
    Current trading session High
    8.640
    Current trading session Low
    8.470
    DIVIDEND
    Dividend yield
    12.5%
    Payout ratio
    -225%
    Years of div. Increase
    2.000
    Years of div.
    5.000
    Q-shift
    Dividend per share
    1.070
    SIMILAR COMPANIES
    logo

    Country
    US
    Sector
    Financial Services
    Industry
    Asset Management
    Dividend yield
    0.048229802%
    Payout Ratio
    -50.480217%
    P/E
    0
    logo

    Country
    DE
    Sector
    Financial Services
    Industry
    Asset Management
    Dividend yield
    0.07013069%
    Payout Ratio
    0%
    P/E
    7.544
    logo

    Country
    US
    Sector
    Financial Services
    Industry
    Asset Management - Income
    Dividend yield
    0.09558824%
    Payout Ratio
    0%
    P/E
    11.120
    logo

    Country
    US
    Sector
    Financial Services
    Industry
    Asset Management - Income
    Dividend yield
    0.12109563%
    Payout Ratio
    164.27097%
    P/E
    13.565
    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/destra-multialternative-fund-announces-board-member-resignation-20260219.jpg
    Destra Multi-Alternative Fund Announces Board Member Resignation

    businesswire.com

    2026-02-19 16:30:00

    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, announced today that Paul Kazarian has voluntarily stepped down from the Fund's Board of Trustees, effective February 12, 2026. The Board of Trustees thanks Mr. Kazarian for his service and contributions during his tenure and wishes him continued success in his future endeavors. The Fund will announce any updates regarding Board.

    https://images.financialmodelingprep.com/news/eu-rules-apple-ads-and-maps-not-gatekeepers-under-20260205.png
    EU Rules Apple Ads and Maps Not Gatekeepers Under Digital Markets Act

    gurufocus.com

    2026-02-05 05:48:00

    Apple Inc. (AAPL, Financials) won a legal battle in Europe when the European Commission declared that its Apple Ads and Apple Maps platforms would not be called

    https://images.financialmodelingprep.com/news/destra-multialternative-fund-shareholders-approve-proxy-proposal-with-79-20251218.jpg
    Destra Multi-Alternative Fund Shareholders Approve Proxy Proposal with 79% Affirmative Vote

    businesswire.com

    2025-12-18 17:00:00

    BOZEMAN, Mont.--(BUSINESS WIRE)--Destra Multi-Alternative Fund (NYSE: DMA) today announced that shareholders have approved the proposal presented at the Fund's Special Meeting of Shareholders, with approximately 79% of votes cast in favor of the proposal. The approved proposal revises the Fund's fundamental policy regarding industry concentration, removing the requirement that the Fund invest more than 25% of its net assets in securities of companies within the real estate industry. The change.

    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.