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 PE Ratio as of December 2024 (TTM) for Destra Multi-Alternative Fund (DMA) is 8.57

According to Destra Multi-Alternative Fund’s latest financial reports and current stock price. The company's current PE Ratio is 8.57. This represents a change of Infinity% compared to the average of 0 of the last 4 quarters.

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

How has DMA PE Ratio performed in the past?

The mean historical PE Ratio of Destra Multi-Alternative Fund over the last ten years is 9.53. The current 8.57 PE Ratio has changed 8.89% with respect to the historical average. Over the past ten years (40 quarters), DMA's PE Ratio was at its highest in in the September 2022 quarter at 0. The PE Ratio was at its lowest in in the September 2022 quarter at 0.

Quarterly (TTM)
Annual

Average

9.53

Median

0

Minimum

-5.44

Maximum

34.04

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

Discovering the peaks and valleys of Destra Multi-Alternative Fund PE 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 = 0%

Maximum Annual PE Ratio = 34.04

Minimum Annual Increase = -115.98%

Minimum Annual PE Ratio = -5.44

Quarterly (TTM)
Annual
YearPE RatioChange
20240-100.00%
2023-5.44-115.98%

Destra Multi-Alternative Fund (DMA) Average PE Ratio

How has DMA PE Ratio performed in the past?

The current PE Ratio 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

9.53

5-year avg

9.53

10-year avg

9.53

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

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

Destra Multi-Alternative Fund’s PE Ratio is greater than MFS Government Markets Income Trust (-188.62), greater than Nuveen Variable Rate Preferred & Income Fund (6.92), less than Angel Oak Financial Strategies Income Term Trust (26.81), greater than Voya Emerging Markets High Dividend Equity Fund (3.67), less than Nuveen Missouri Quality Municipal Income Fund (32.25), less than Winmill & Co. Incorporated (0), greater than Foxby Corp. (6.48), greater than Eagle Capital Growth Fund, Inc. (2.44), greater than Western Asset Municipal High Income Fund Inc. (4.69), less than The Gabelli Dividend & Income Trust (55.21), greater than Tortoise Energy Infrastructure Corporation (8.36), greater than Tortoise Midstream Energy Fund, Inc. (4.35), greater than DTF Tax-Free Income 2028 Term Fund Inc. (3.71), greater than NXG NextGen Infrastructure Income Fund (-67.84), less than Nuveen Short Duration Credit Opportunities Fund (14.18), greater than BlackRock MuniYield Quality Fund III, Inc. (-13.96), less than Nuveen New Jersey Quality Municipal Income Fund (18.97), less than Nuveen Core Equity Alpha Fund (13.37), greater than PGIM Short Duration High Yield Opportunities Fund (5.74), less than null (9.78),

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Frequently asked questions❓

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