DMA to reintroduce monthly distribution for investors
The Destra Multi-Alternative Fund (DMA) is a closed-end fund that has struggled with a significant discount since it became available to the public. This fund was once private, and now it aims to attract more investors by reintroducing a monthly distribution. Analysts say this monthly payment option could make the fund more appealing. It promises a reliable yield around 8%, which is attractive to income-focused investors. The fund specializes in a mix of assets, which helps in generating steady income. The team behind the fund includes experienced financial advisors who analyze various closed-end funds and exchange-traded funds. They provide insights and support for members seeking income investment strategies. In addition to focusing on safe returns, the fund's strategy includes a community where members can share ideas and get professional advice. This can benefit both active and passive investors looking for consistent income. Overall, the reintroduction of monthly distributions may help the DMA improve its market perception and attract new investments.