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Destra Multi-Alternative Fund Announces Board Member Resignation
Business Wire (Thu, 19-Feb 4:30 PM ET)
Destra Multi-Alternative Fund is a non-diversified, closed-end management investment company that operates as an interval fund with a continuous offering of fund shares. The investment objective of the fund is to seek returns from capital appreciation and income with an emphasis on income generation.
Destra Multi-Alternative trades on the NYSE stock market under the symbol DMA.
As of March 19, 2026, DMA stock price declined to $8.21 with 19,750 million shares trading.
DMA has a beta of 0.48, meaning it tends to be less sensitive to market movements. DMA has a correlation of 0.29 to the broad based SPY ETF.
DMA has a market cap of $73.59 million. This is considered a Micro Cap stock.
In the last 3 years, DMA traded as high as $9.16 and as low as $4.78.
DMA has underperformed the market in the last year with a return of +9.5%, while the SPY ETF gained +18.9%. In the last 3 month period, DMA fell short of the market, returning -4.9%, while SPY returned -1.9%. However, in the most recent 2 weeks DMA has outperformed the stock market by returning -3.6%, while SPY returned -3.7%.
DMA support price is $8.04 and resistance is $8.42 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that DMA shares will trade within this expected range on the day.
