Insider Purchase by Saba Capital Management, L.P. (10%)

1 Year
After Trade
Before Trade

Trade Summary

11 months ago, Saba Capital Management, L.P., serving as 10% owner at Destra Multi-Alternative Fund (DMA), purchased 138,416 shares at $8.56 per share, for a total transaction value of $1,185,503.00. Following this transaction, Saba Capital Management, L.P. now holds 2,096,470 shares of DMA.

This purchase represents a 7.00% increase in Saba Capital Management, L.P.'s stake in the company. This is considered a high-conviction trade given the significant change in ownership.

The trade was executed on Monday, July 28, 2025 and publicly disclosed via SEC Form 4 filing on Wednesday, July 30, 2025 at 5:00 PM ET, 2 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.

Trade Price

$8.56

Quantity

138,416

Total Value

$1,185,503.00

Shares Owned

2,096,470

Trade Date

344 days ago

SEC Filing Date

at 5:00 PM ET

Filed 2 days after trade

FINANCIAL SERVICESASSET MANAGEMENT

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