BOZEMAN, Mont.--(BUSINESS WIRE)--Jan 14, 2022--

On January 14, 2022, Destra Multi-Alternative Fund (the “Fund” or “DMA”), a closed-end fund traded on the New York Stock Exchange under the symbol DMA, today declared a distribution of $0.0604 per share for the month of January 2022. The record date for the distribution is January 25, 2022, and the special payable date is February 3, 2022. The Fund will trade ex-distribution on January 24, 2022.

Pursuant to the Fund’s Dividend Reinvestment Plan (“DRP”), unless the registered owner of the Fund’s Common Shares elects otherwise by contacting the Fund’s plan agent, American Stock Transfer & Trust Company, LLC (“AST”), all dividends declared on the Common Shares will be automatically reinvested in additional Common Shares by AST. Common Shareholders who elect not to participate in the DRP will receive all dividends and other distributions in cash paid by check mailed directly to the shareholder of record. Shareholders may obtain more information on the shareholder services offered to the Fund by calling AST 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, 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 year end. The Fund will send to investors a Form 1099-DIV for the calendar year that will define how to report these distributions for federal income tax purposes. For further information regarding the Fund’s distributions, please visit

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, commodities, and hedge strategies.

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.

Information regarding the Fund and Destra Capital Advisors can be found at

Please contact Destra Capital Advisors LLC, the Fund’s marketing and investor support services agent, at or call (877)855-3434 if you have any questions regarding DMA.







CONTACT: Ken Merritt




SOURCE: Destra Capital Advisors LLC

Copyright Business Wire 2022.

PUB: 01/14/2022 09:00 AM/DISC: 01/14/2022 09:02 AM

Copyright Business Wire 2022.


Recommended for you

(0) comments

Welcome to the discussion.

Real Names required. No pseudonyms or partial names allowed. Stand behind what you post.
Keep it Clean. Please avoid obscene, vulgar, lewd, racist or sexually-oriented language.
Don't Threaten. Threats of harming another person will not be tolerated.
Be Truthful. Don't knowingly lie about anyone or anything.
Be Nice. No racism, sexism or any sort of -ism that is degrading to another person.
Be Proactive. Use the 'Report' link on each comment to let us know of abusive posts.

Thank you for reading!

Please log in, or sign up for a new account and purchase a subscription to read or post comments.