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 ROE as of September 2024 (TTM) for Destra Multi-Alternative Fund (DMA) is 7.05%

According to Destra Multi-Alternative Fund’s latest financial reports and current stock price. The company's current ROE is 7.05%. This represents a change of Infinity% compared to the average of 0% of the last 4 quarters.

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

How has DMA ROE performed in the past?

The mean historical ROE of Destra Multi-Alternative Fund over the last ten years is 0.06%. The current 7.05% ROE has changed 12.71% with respect to the historical average. Over the past ten years (40 quarters), DMA's ROE was at its highest in in the September 2022 quarter at 0%. The ROE was at its lowest in in the September 2022 quarter at 0%.

Quarterly (TTM)
Annual

Average

0.06%

Median

1.53%

Minimum

-8.23%

Maximum

6.86%

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

Discovering the peaks and valleys of Destra Multi-Alternative Fund ROE, 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 ROE = 6.86%

Minimum Annual Increase = -636.65%

Minimum Annual ROE = -8.23%

Quarterly (TTM)
Annual
YearROEChange
20246.86%-183.37%
2023-8.23%-636.65%

Destra Multi-Alternative Fund (DMA) Average ROE

How has DMA ROE performed in the past?

The current ROE 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

0.06%

5-year avg

0.06%

10-year avg

0.06%

Destra Multi-Alternative Fund (DMA) ROE vs. Peers

How is DMA’s ROE compared to its peers?

Destra Multi-Alternative Fund’s ROE is less than MFS Government Markets Income Trust (0.49%), greater than Nuveen Variable Rate Preferred & Income Fund (-5.10%), less than Angel Oak Financial Strategies Income Term Trust (2.19%), less than Voya Emerging Markets High Dividend Equity Fund (33.57%), less than Nuveen Missouri Quality Municipal Income Fund (3.15%), less than Winmill & Co. Incorporated (0%), less than Foxby Corp. (25.88%), less than Eagle Capital Growth Fund, Inc. (38.77%), less than Western Asset Municipal High Income Fund Inc. (19.21%), less than The Gabelli Dividend & Income Trust (6.14%), less than Tortoise Energy Infrastructure Corporation (12.62%), less than Tortoise Midstream Energy Fund, Inc. (20.31%), less than DTF Tax-Free Income 2028 Term Fund Inc. (31.57%), less than NXG NextGen Infrastructure Income Fund (0.36%), less than Nuveen Short Duration Credit Opportunities Fund (7.57%), greater than BlackRock MuniYield Quality Fund III, Inc. (-5.65%), less than Nuveen New Jersey Quality Municipal Income Fund (4.41%), less than Nuveen Core Equity Alpha Fund (6.59%), less than PGIM Short Duration High Yield Opportunities Fund (19.82%), less than null (6.13%),

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