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Destra Multi-Alternative Fund Shareholders Approve Proxy Proposal with 79% Affirmative Vote
Business Wire (Thu, 18-Dec 5:00 PM ET)
Increased Distributions Declared by Destra Multi-Alternative Fund
Business Wire (Tue, 9-Dec 9:00 AM 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 January 28, 2026, DMA stock price climbed to $8.97 with 8,511 million shares trading.
DMA has a beta of 0.41, meaning it tends to be less sensitive to market movements. DMA has a correlation of 0.24 to the broad based SPY ETF.
DMA has a market cap of $80.40 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 +16.2%, while SPY returned +17.2%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in DMA shares. However, DMA has outperformed the market in the last 3 month and 2 week periods, returning +6.9% and +0.4%, while SPY returned +1.8% and +0.2%, respectively. This indicates DMA has been having a stronger performance recently.
DMA support price is $8.87 and resistance is $9.05 (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.
