Destra Multi-Alternative Fund Common Stock (DMA)

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I approach Destra Multi-Alternative as a closed-end fund, not an operating business. It invests in U.S. public equities and fixed income, with equity exposure often through other funds and options tied to real estate and REITs. That structure can diversify, but the supplied data give me little evidence of a durable competitive moat: no P/B, ROE, ROCE, debt-to-equity, revenue growth, or profit growth is available, and FairStock's Lynch category is 'none' because there are only 0 years of filed annual results. Financial health looks weak on the metrics we have: the FairStock Piotroski F-Score is 1/9, and the FairStock P/E is -41.97 at the 2026-10-16 close, meaning trailing earnings are negative. The FairStock Altman Z-Score of 3.60 is the one supportive calculation, though it is less meaningful for a fund. Valuation is hard to pin down. The price is $7.14, market cap is $72.1M, and the 52-week range is $6.94 to $9.15, so the shares sit near the low end. A 19.34% dividend yield is eye-catching, but with no distribution coverage data and negative earnings, I would not treat it as safe income. Growth trajectory is unknowable from the data provided because revenue and profit growth are N/A and filing history is essentially absent. This is not a clear Graham-style bargain: it is a small, thinly documented fund with weak scorecard evidence and a high yield that needs verification.

In plain English: It is a small fund that invests in U.S. stocks and bonds, with extra exposure to real estate companies. The numbers look weak: it is losing money, key financial information is missing, and its very high payout may be hard to keep up. The share price is near the low end of its recent range, but without reliable earnings or asset value data it is hard to call it cheap; it looks speculative rather than a clear bargain.

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Data as of 2026-10-16 close · note generated 2026-10-20 · model deepseek-flash

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer