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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)
Increased Distribution Announced by Destra Multi-Alternative Fund
Business Wire (Mon, 6-Oct 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 5, 2026, DMA stock price climbed to $9.04 with 9,435 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 0.26 to the broad based SPY ETF.
DMA has a market cap of $81.03 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 price return of +17.5% while the SPY ETF gained +18.9%. However, in the short term, DMA had mixed performance relative to the market. It has outperformed in the last 3 months, returning +8.8% vs +3.1% return in SPY. But in the last 2 weeks, DMA shares have been beat by the market, returning +0.1% compared to an SPY return of +1.0%.
DMA support price is $8.90 and resistance is $9.10 (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.