Trade Summary
3 months ago, Saba Capital Management, L.P., serving as 10% owner at Destra Multi-Alternative Fund (DMA), purchased 27,923 shares at $8.57 per share, for a total transaction value of $239,300.00. Following this transaction, Saba Capital Management, L.P. now holds 2,166,195 shares of DMA.
This purchase represents a 1.00% increase in Saba Capital Management, L.P.'s stake in the company. This is considered a medium-conviction trade.
The trade was executed on Friday, September 5, 2025 and publicly disclosed via SEC Form 4 filing on Monday, September 8, 2025, 3 days after the trade was made.
Destra Multi-Alternative Fund operates in the FINANCIAL SERVICES sector, specifically within the ASSET MANAGEMENT industry. Insider buying activity in this sector can provide valuable signals about industry trends and company-specific developments.