Destra Multi-Alternative Fund Announces Share Repurchase Program, Increased Monthly Distributions and Provides Update on Term Structure Measurement Period
Business Wire•12/10/2026•09:00 ET
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Key Highlights
- ➤Share repurchase program authorized; open-market buying starts after a 30-day cooling-off period
- ➤Monthly distribution increased to $0.1150 per share for October–December 2026
- ➤Measurement Period begins ahead of March 31, 2027, Term expiration
- ➤Fund may extend its Term up to one year or continue up to three additional years
Expert Statements
Robert A. Watson, President of the Fund
“These actions demonstrate the Board's commitment to delivering value to shareholders while maintaining disciplined oversight of the Fund's capital allocation and term structure,”
Robert A. Watson, President of the Fund
“We believe the share repurchase program, enhanced distributions and continuation framework collectively position the Fund to maximize long-term shareholder outcomes.”
Destra Multi-Alternative Fund Announces Share Repurchase Program, Increased Monthly Distributions and Provides Update on Term Structure Measurement Period
The announcements reflect the Board of Trustees’ continued focus on seeking to enhance shareholder value, supporting the Fund's market valuation, and providing attractive cash distributions while maintaining flexibility to pursue the Fund's long-term investment objectives.
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