Destra Multi-Alternative Fund

Destra Multi-Alternative Fundverified

DMA

Price:

$8.56

Market Cap:

$76.73M

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 suc...[Read more]

Industry

Asset Management

IPO Date

2022-01-13

Stock Exchange

NYSE

Ticker

DMA

The Current Ratio as of September 2024 (TTM) for Destra Multi-Alternative Fund (DMA) is 66.46

According to Destra Multi-Alternative Fund’s latest financial reports and current stock price. The company's current Current Ratio is 66.46. This represents a change of 225.50% compared to the average of 20.42 of the last 4 quarters.

Destra Multi-Alternative Fund (DMA) Historical Current Ratio (quarterly & annually)

How has DMA Current Ratio performed in the past?

The mean historical Current Ratio of Destra Multi-Alternative Fund over the last ten years is 30.98. The current 66.46 Current Ratio has changed 21.35% with respect to the historical average. Over the past ten years (40 quarters), DMA's Current Ratio was at its highest in in the March 2024 quarter at 66.46. The Current Ratio was at its lowest in in the September 2023 quarter at 0.18.

Quarterly (TTM)
Annual

Average

30.98

Median

20.05

Minimum

6.43

Maximum

66.46

Destra Multi-Alternative Fund (DMA) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Destra Multi-Alternative Fund Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 934.16%

Maximum Annual Current Ratio = 66.46

Minimum Annual Increase = -67.95%

Minimum Annual Current Ratio = 6.43

Quarterly (TTM)
Annual
YearCurrent RatioChange
202466.46934.16%
20236.43-67.95%

Destra Multi-Alternative Fund (DMA) Average Current Ratio

How has DMA Current Ratio performed in the past?

The current Current Ratio of Destra Multi-Alternative Fund (DMA) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

30.98

5-year avg

30.98

10-year avg

30.98

Destra Multi-Alternative Fund (DMA) Current Ratio vs. Peers

How is DMA’s Current Ratio compared to its peers?

Destra Multi-Alternative Fund’s Current Ratio is greater than MFS Government Markets Income Trust (0.39), greater than Nuveen Variable Rate Preferred & Income Fund (4.42), greater than Angel Oak Financial Strategies Income Term Trust (18.87), greater than Voya Emerging Markets High Dividend Equity Fund (0), greater than Nuveen Missouri Quality Municipal Income Fund (0), less than Winmill & Co. Incorporated (0), greater than Foxby Corp. (0), greater than Eagle Capital Growth Fund, Inc. (0), greater than Western Asset Municipal High Income Fund Inc. (0), greater than The Gabelli Dividend & Income Trust (0.45), greater than Tortoise Energy Infrastructure Corporation (10.41), greater than Tortoise Midstream Energy Fund, Inc. (0), greater than DTF Tax-Free Income 2028 Term Fund Inc. (0), greater than NXG NextGen Infrastructure Income Fund (1.46), greater than Nuveen Short Duration Credit Opportunities Fund (0), greater than BlackRock MuniYield Quality Fund III, Inc. (0.73), greater than Nuveen New Jersey Quality Municipal Income Fund (0.12), greater than Nuveen Core Equity Alpha Fund (1.35), greater than PGIM Short Duration High Yield Opportunities Fund (40.42), greater than null (9.88),

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Frequently asked questions❓

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