Destra Multi-Alternative Fund (DMA)
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.
Industry: Asset Management
Destra Multi-Alternative Fund
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
based on 8.96M shares outstanding
USManaged 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.
Leadership
Derek Mullins
Chief Financial Officer and Treasurer
Elizabeth Strong
Secretary
Jake Schultz
Vice President
Ken Merritt
Assistant Secretary
Employees
--
Country
US
Sector
Financial Services
Website
growthandincomefund.com
| Insider | Title | Type | Shares | Value | Date |
|---|---|---|---|---|---|
 Saba Capital Management, L.P. | 10% Owner | Other | 14.5K | -- | Nov 28, 2025 |
| Saba Capital Management, L.P. | 10% Owner | Purchase | 68.4K | $588.7K | Sep 9, 2025 |
| Saba Capital Management, L.P. | 10% Owner | Purchase | 500 | $4.3K | Sep 8, 2025 |
| Saba Capital Management, L.P. | 10% Owner | Purchase | 27.9K | $239.3K | Sep 5, 2025 |
| Saba Capital Management, L.P. | 10% Owner | Purchase | 41.8K | $362.0K | Aug 14, 2025 |
| Saba Capital Management, L.P. | 10% Owner | Purchase | 62.0K | $534.3K | Jul 29, 2025 |
| Name | Shares | % | Source |
|---|---|---|---|
Saba Capital Management, L.P. · also on 13F· may incl. warrants· filed Sep 2025 | 2.2M | 24.9% | 13D |
Saba Capital Management, L.P. | 2.2M | 24.8% | 13F |
Atlas Wealth LLC | 1.1M | 12.2% | 13F |
Matisse Capital | 455.0K | 5.1% | 13F |
Almitas Capital LLC · also on 13F· may incl. warrants· filed Feb 2024 | 451.7K | 5.0% | 13G |
Thomas J. Herzfeld Advisors, Inc. · filed Jul 2025 | 344.5K | 3.8% | 13G |
LPL Financial LLC · also on 13F· may incl. warrants· filed Feb 2024 | 330.3K | 3.7% | 13G |
Absolute Investment Advisers, LLC · also on 13F· may incl. warrants· filed Oct 2025 | 286.6K | 3.2% | 13G |
Bulldog Investors, LLP · also on 13F· may incl. warrants· filed Oct 2025 | 280.2K | 3.1% | 13G |
BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC | 261.6K | 2.9% | 13F |
Insiders
- Saba Capital Management, L.P.10% Owner
- Watson Robert A.PRESIDENT
- Merritt Kenneth B.Assistant Secretary
based on 8.96M shares outstanding
US30d Avg
21.09K
60d Avg
19.68K
90d Avg
20.79K