Destra Multi-Alternative Fund

Destra Multi-Alternative Fundverified

DMA

Price:

$8.48

Market Cap:

$76.01M

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 Dividend Yield as of December 2024 (TTM) for Destra Multi-Alternative Fund (DMA) is 3.82%

According to Destra Multi-Alternative Fund’s latest financial reports and current stock price. The company's current Dividend Yield is 3.82%. This represents a change of Infinity% compared to the average of 0% of the last 4 quarters.

Destra Multi-Alternative Fund (DMA) Historical Dividend Yield (quarterly & annually)

How has DMA Dividend Yield performed in the past?

The mean historical Dividend Yield of Destra Multi-Alternative Fund over the last ten years is 8.50%. The current 3.82% Dividend Yield has changed -55.07% with respect to the historical average. Over the past ten years (40 quarters), DMA's Dividend Yield was at its highest in in the September 2022 quarter at 0%. The Dividend Yield was at its lowest in in the September 2022 quarter at 0%.

Quarterly (TTM)
Annual

Average

8.50%

Median

11.13%

Minimum

0%

Maximum

14.37%

Destra Multi-Alternative Fund (DMA) Dividend Yield by Quarter and Year

Discovering the peaks and valleys of Destra Multi-Alternative Fund Dividend Yield, 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 = 29.10%

Maximum Annual Dividend Yield = 14.37%

Minimum Annual Increase = -100.00%

Minimum Annual Dividend Yield = 0%

Quarterly (TTM)
Annual
YearDividend YieldChange
20240%-100.00%
202314.37%29.10%

Destra Multi-Alternative Fund (DMA) Average Dividend Yield

How has DMA Dividend Yield performed in the past?

The current Dividend Yield of Destra Multi-Alternative Fund (DMA) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

8.50%

5-year avg

8.50%

10-year avg

8.50%

Destra Multi-Alternative Fund (DMA) Dividend Yield vs. Peers

How is DMA’s Dividend Yield compared to its peers?

Destra Multi-Alternative Fund’s Dividend Yield is less than MFS Government Markets Income Trust (7.76%), less than Nuveen Variable Rate Preferred & Income Fund (9.31%), less than Angel Oak Financial Strategies Income Term Trust (10.13%), less than Voya Emerging Markets High Dividend Equity Fund (13.76%), less than Nuveen Missouri Quality Municipal Income Fund (5.59%), less than Winmill & Co. Incorporated (0%), greater than Foxby Corp. (0%), less than Eagle Capital Growth Fund, Inc. (10.27%), less than Western Asset Municipal High Income Fund Inc. (6.91%), less than The Gabelli Dividend & Income Trust (5.53%), less than Tortoise Energy Infrastructure Corporation (5.37%), less than Tortoise Midstream Energy Fund, Inc. (7.87%), less than DTF Tax-Free Income 2028 Term Fund Inc. (6.92%), less than NXG NextGen Infrastructure Income Fund (3.53%), less than Nuveen Short Duration Credit Opportunities Fund (14.65%), greater than BlackRock MuniYield Quality Fund III, Inc. (0%), less than Nuveen New Jersey Quality Municipal Income Fund (6.08%), less than Nuveen Core Equity Alpha Fund (6.33%), less than PGIM Short Duration High Yield Opportunities Fund (8.05%), less than null (7.99%),

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Frequently asked questions❓

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