Destra Multi-Alternative Fund shareholders approved a proposal regarding industry concentration with a 79% affirmative vote.
The approved proposal allows the fund to invest in attractive opportunities without the previous 25% net asset constraint in real estate securities.
The Board's recommendation received strong support from shareholders during the Special Meeting held on December 18, 2025.
Fundamental Policy Revision
The approved proposal revises the Fund's fundamental policy on industry concentration, providing more flexibility for investment decisions.
Board Recommendation
The proposal was unanimously recommended by the Fund's Board of Trustees and achieved the required affirmative vote for approval.
Investment Flexibility
The Fund can now transition investments from real estate into liquid hedged strategies, enhancing its portfolio diversification.
- The revised policy enables the Fund to diversify its investments more effectively across various asset classes.
- Shareholder approval signifies confidence in the Fund's strategy and management, supporting future growth and performance.
The approval of the proxy proposal marks a significant milestone for Destra Multi-Alternative Fund, empowering it to pursue diversified investment strategies with enhanced flexibility and potential for long-term growth.