Destra Multi-Alternative Fund Announces Monthly Distribution
April 1, 2025
Bozeman, MT – April1, 2025 – The Destra Multi-Alternative Fund (the “Fund” or “DMA”), a closed-end fund traded on the New York Stock Exchange under the symbol DMA, is pleased to announce that it has paid its regular monthly distribution for the month of March:
- March Dividend: $0.0725 per share
- Payment Date: March 31, 2025
- Record Date: March 20, 2025
The distribution rate of $0.0725 cents per share reflects an ~8.32% annualized rate at the NAV as of March 31st of $10.45 per share and corresponds to an ~10.26% annualized rate at the closing market price on the same date of $8.48.
“We are pleased by the steady progress we have been able to make, shifting more and more of the Fund’s portfolio into more liquid, dynamic alpha seeking hedging strategies that we have developed over many years here at Validex,” said Mark Scalzo, Portfolio Manager and CIO of Validex Global Investing, the Fund’s Sub-Adviser.
The Fund offers a Dividend Reinvestment Plan (“DRP”). Shareholders who hold their shares at a broker dealer and would like to participate in the DRP should contact their broker dealer to set their reinvestment preferences. Shareholders who hold their shares directly with the Fund will have all dividends declared on the shares automatically reinvested in additional shares by the Fund’s plan agent, Equiniti Trust Company, LLC (“EQ”), unless the shareholder elects otherwise by contacting EQ. Shareholders who elect not to participate in the DRP will receive all dividends and other distributions in cash, paid by check and mailed directly to the shareholder of record. Shareholders may obtain more information on the shareholder services offered to the Fund by calling EQ at the Fund’s dedicated toll free number 800-591-8238.
A portion of each distribution may be treated as paid from sources other than net investment income, including but not limited to short-term capital gain, long-term capital gain, or return of capital. As required by Section 19(a) of the Investment Company Act of 1940 and Rule 19a-1 thereunder, a notice will be distributed to shareholders in the event
that a portion of a monthly distribution is derived from sources other than undistributed net investment income. The final determination of the source and tax characteristics of these distributions will depend upon the Fund’s investment experience during its fiscal year and will be made after the Fund’s fiscal year end. The Fund will send shareholders a Form 1099-DIV for the calendar year that will define how to report these distributions for federal income tax purposes, but shareholders should consult their own tax advisers regarding their specific tax situations and to obtain a complete understanding of the tax consequences. For further information regarding the Fund’s distributions, please visit
www.destracapital.com.
About Destra Multi-Alternative Fund
Destra Multi-Alternative Fund (NYSE: DMA) is a core alternative solution that seeks to achieve long-term performance non-correlated to the broad stock and bond markets. It invests primarily in alternative strategies and asset classes including real estate, direct private equity, alternative credit, and hedge strategies.
About Destra Capital Advisors
Destra Capital Advisors LLC, based in Bozeman, MT, serves as Investment Adviser and Secondary Market Servicing agent to the Fund. Validus Growth Investors LLC (dba Validex Global Investing) serves as the Investment Sub-Adviser to the Fund.
Shares of the Fund can be purchased on the New York Stock Exchange through any securities broker.
Information regarding the Fund and Destra Capital Advisors can be found at www.destracapital.com
Please contact Destra Capital Advisors LLC, the Fund’s marketing, and investor support services agent, at DMA@destracapital.com or call (877) 855-3434 if you have any questions regarding DMA.
For more details on the Fund’s distribution policy and the monthly dividends, please visit Destra Capital.