Destra Multi-Alternative Fund Announces Changes to Portfolio Holdings Disclosure Practices
BOZEMAN, Mont.--(BUSINESS WIRE)-- The Destra Multi-Alternative Fund (the “Fund” or “DMA”) is pleased to announce that the Fund’s Board of Trustees has approved a change to the Fund’s holdings disclosure policy (the “Policy”) and the frequency of the disclosure will move from quarterly to monthly.
Effective immediately, the updated Policy provides for the disclosure of the Fund’s complete portfolio holdings on the Fund’s publicly available website at the end of each month, with a minimum lag time of ten calendar days (the actual posting date may vary if the 10th day is a holiday or weekend, in which case the holdings would be posted on the following business day). Previously, the Fund released its top 10 holdings on a monthly basis and full portfolio holdings on a quarterly basis, with as much as a 60-day lag.
“We are pleased to provide this important detail to the marketplace, which we believe will help shareholders and potential new investors alike better understand the unique investment profile of the Fund and the opportunities that these alternative investments may have,” said Robert A. Watson, CFP®, President of the Fund.
The Fund also recently announced a change to its term from a perpetual term to one that expires on March 31, 2027, subject to certain conditions.
To access the Fund’s recent month-end holdings and commentary or for more information regarding the Fund and Destra Capital Advisors LLC, visit the Fund’s webpage below:
http://www.destracapital.com/strategies/closed-end-funds/destra-multi-alternative-fund
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.
Destra Capital Advisors LLC, based in Bozeman, MT, serves as Investment Adviser and Secondary Market Servicing agent to the Fund. Validus Growth Investors 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.
Please contact Destra Capital Advisors LLC, the Fund’s marketing, and investor support services agent, at [email protected] or call (877) 855-3434 if you have any questions regarding DMA.
NOT FDIC INSURED |
NO BANK GUARANTEE |
MAY LOSE VALUE |
View source version on businesswire.com: https://www.businesswire.com/news/home/20231110369107/en/
Destra Capital Advisors LLC
[email protected]
(877) 855-3434
Source: Destra Multi-Alternative Fund
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