tiprankstipranks
Destra Multi-Alternative Fund (DMA)
NYSE:DMA
US Market

Destra Multi-Alternative Fund (DMA) Price & Analysis

12 Followers

DMA Stock Chart & Stats

$8.14
-$0.02(-0.24%)
At close: 4:00 PM EST
$8.14
-$0.02(-0.24%)

DMA FAQ

What was Destra Multi-Alternative Fund’s price range in the past 12 months?
Destra Multi-Alternative Fund lowest stock price was $6.94 and its highest was $9.15 in the past 12 months.
    What is Destra Multi-Alternative Fund’s market cap?
    Destra Multi-Alternative Fund’s market cap is $70.00M.
      When is Destra Multi-Alternative Fund’s upcoming earnings report date?
      The company’s upcoming earnings report date is not yet available.
      How were Destra Multi-Alternative Fund’s earnings last quarter?
      Currently, no data Available
      Is Destra Multi-Alternative Fund overvalued?
      According to Wall Street analysts Destra Multi-Alternative Fund’s price is currently Overvalued. Get more investment ideas with TipRanks Premium
        Does Destra Multi-Alternative Fund pay dividends?
        Destra Multi-Alternative Fund pays a Monthly dividend of $0.113 which represents an annual dividend yield of 8.01%. See more information on Destra Multi-Alternative Fund dividends here
          What is Destra Multi-Alternative Fund’s EPS estimate?
          Destra Multi-Alternative Fund’s EPS estimate for its next earnings report is not yet available.
          How many shares outstanding does Destra Multi-Alternative Fund have?
          Destra Multi-Alternative Fund has 8,963,239 shares outstanding.
            What happened to Destra Multi-Alternative Fund’s price movement after its last earnings report?
            Currently, no data Available
            Which hedge fund is a major shareholder of Destra Multi-Alternative Fund?
            Currently, no hedge funds are holding shares in DMA
            What is the TipRanks Smart Score and how is it calculated?
            Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

              Destra Multi-Alternative Fund Stock Smart Score

              3
              Underperform
              1
              2
              3
              4
              5
              6
              7
              8
              9
              10

              Technicals

              SMA
              Positive
              20 days / 200 days
              Momentum
              9.24%
              12-Months-Change

              Fundamentals

              Return on Equity
              -3.79%
              Trailing 12-Months
              Asset Growth
              -16.66%
              Trailing 12-Months

              Company Description

              Destra Multi-Alternative Fund

              Managed by Pinhook Capital, LLC, this closed-end balanced mutual fund, known as the Multi-Strategy Growth & Income Fund, strategically invests in U.S. public equity and fixed-income markets. For its equity component, the fund primarily targets companies within the real estate sector, including Real Estate Investment Trusts (REITs), utilizing direct investments, other funds, and derivatives such as options, across all market capitalization ranges. The fixed-income portion encompasses structured notes, notes, bonds, and asset-backed securities. Its investment methodology combines fundamental and quantitative analysis, emphasizing investments that offer the highest expected income, robust capital appreciation potential, and relatively low volatility. This U.S.-domiciled fund commenced operations on June 3, 2011.
              Similar Stocks
              Company
              Price & Change
              Follow
              New Mountain Finance
              Pennantpark
              Stellus Capital
              BlackRock TCP Capital
              CION Investment Corp

              Ownership Overview

              25.35%4.39%0.18%67.10%
              25.35% Insiders
              0.18% Other Institutional Investors
              67.10% Public Companies and
              Individual Investors

              Options Prices

              Currently, No data available
              ---
              Popular Stocks