Destra Multi-alternative Fund

Market Movers (8-K)

NYSE
Destra Multi-Alternative Fund announced the voluntary resignation of independent trustee Paul Kazarian, effective February 12, 2026.
NYSE
Destra Multi-Alternative Fund shareholders approved a key policy revision, removing the requirement to concentrate investments in the real estate industry.

Insider Trading (Form 4)

NYSE
Destra Multi-Alternative Fund's President, Robert A. Watson, increased his beneficial ownership by acquiring 537 shares of common stock across multiple transactions in late February 2026.
Better than expected
NYSE
Saba Capital Management, a 10% owner of Destra Multi-Alternative Fund, reported a pro-rata in-kind distribution of 14,496 common shares.
NYSE
Robert A. Watson, President of Destra Multi-Alternative Fund, increased his beneficial ownership of common stock through multiple purchases.
Better than expected
NYSE
Saba Capital Management, L.P. and Boaz Weinstein acquired 68,449 shares of Destra Multi-Alternative Fund common stock at $8.6 per share.
NYSE
Saba Capital Management, L.P. and Boaz Weinstein filed a Form 4 disclosing a planned acquisition of 500 shares of Destra Multi-Alternative Fund common stock on September 8, 2025, under a Rule 10b5-1 plan.
NYSE
Saba Capital Management, L.P. increased its indirect beneficial ownership in Destra Multi-Alternative Fund by purchasing 27,923 shares of common stock at $8.57 per share.

Proxy Statements (Def-14A)

NYSE
Destra Multi-Alternative Fund will hold its Annual Meeting of Stockholders on December 18, 2025, to elect two Class I Trustees and address other business.
NYSE
Destra Multi-Alternative Fund stockholders will vote on a proposal to remove the requirement to invest over 25% of net assets in real estate, aiming for greater investment flexibility.
NYSE
Destra Multi-Alternative Fund is holding its annual meeting on December 19, 2024, to elect one Class III Trustee.

Schedule 13D - Activist Investments

NYSE
Saba Capital Management, L.P. increased its beneficial ownership in Destra Multi-Alternative Fund to 24.94% through recent open market purchases.
NYSE
Saba Capital Management, L.P. has increased its beneficial ownership in Destra Multi-Alternative Fund to 23.86% through recent open market purchases.
NYSE
Saba Capital Management, L.P. and its affiliates have increased their beneficial ownership in Destra Multi-Alternative Fund to 22.7% through recent open market purchases.
NYSE
Saba Capital Management, L.P. and its affiliates have increased their beneficial ownership in Destra Multi-Alternative Fund to 21.59% through recent open market purchases.
NYSE
Saba Capital Management and its affiliates have increased their beneficial ownership in Destra Multi-Alternative Fund to 20.42%, acquiring additional shares through open market purchases.
Capital raise

Schedule 13G - Passive Investments

NYSE
Absolute Investment Advisers, LLC reported a 3.2% passive beneficial ownership stake in Destra Multi-Alternative Fund as of September 30, 2025.
NYSE
Bulldog Investors, LLP, Phillip Goldstein, and Andrew Dakos have filed an amended Schedule 13G, reporting beneficial ownership in Destra Multi Alternative Fund.
NYSE
Thomas J. Herzfeld Advisors, Inc. has filed an amended Schedule 13G, reporting a 3.84% passive ownership stake in Destra Multi-Alternative Fund as of June 3, 2025.
NYSE
Absolute Investment Advisers, LLC has reported a 6.9% beneficial ownership stake in Destra Multi-Alternative Fund's Common Stock as of June 30, 2025.
NYSE
Absolute Investment Advisers, LLC has filed a Schedule 13G, reporting a beneficial ownership of 7.96% in Destra Multi-Alternative Fund's Common Stock as of December 31, 2024.