Common Shares
- Symbol
- DMA
- Exchange
- NYSE
- Classification
- COMMON
- Status
- Current
Current Report · Items 8.01, 9.01 · 8-K
Item 8.01. Other Events On October 12, 2026, Destra Multi-Alternative Fund (the “Company”) announced (i) the implementation of a share repurchase program, (ii) increased monthly distributions, and (iii) an update on the Fund’s previously announced term.
The Destra Multi-Alternative Fund is a non-diversified, closed-end management investment company listed on the New York Stock Exchange under the ticker symbol DMA. The Fund seeks to provide returns from capital appreciation and income with an emphasis on income generation, through investments across a broad range of alternative asset classes and investment strategies.
Destra Multi-Alternative Fund · 8-K · Filed 2026-10-13
Exhibit 99.1 FOR IMMEDIATE RELEASE Destra Multi-Alternative Fund Announces Share Repurchase Program, Increased Monthly Distributions and Provides Update on Term Structure Measurement Period The announcements reflect the Board of Trustees’ continued focus on seeking to enhance shareholder value, supporting the Fund’s market valuation, and providing attractive cash distributions while maintaining flexibility to pursue the Fund’s long-term investment objectives. Share Repurchase Program The Fund’s Board of Trustees has authorized the implementation of a share repurchase program designed to seek to enhance shareholder value and provide additional support for the Fund’s market price. In accordance with the program’s trading plan, repurchases are expected to commence following an initial 30-day cooling-off period. Under the program, the Fund may from time to time repurchase shares of its common stock in the open market when the Fund’s shares trade at a discount to net asset value (“NAV”), subject to market conditions, applicable regulatory requirements, and other factors deemed relevant by the Fund’s investment adviser and Board of Trustees. The Fund has appointed Clear Street to a…
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