Destra Multi-Alternative Fund Announces Changes to Portfolio Holdings Disclosure Practices
11 November 2023 - 1:00AM
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
DMA@destracapital.com or call (877) 855-3434 if you have any
questions regarding DMA.
NOT FDIC INSURED
NO BANK GUARANTEE
MAY LOSE VALUE
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Destra Capital Advisors LLC DMA@destracapital.com (877)
855-3434
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