Destra Multi-Alternative FundDMA +0.66%34 Buyback Yield % is 0.00 as of Jul. 01, 2026. GuruFocus rates DMA with a GF Score™ of 34/100. The stock has 1 warning sign investors should review. Among 755 Asset Management companies, Destra Multi-Alternative Fund ranks worse than 132450.2% on this metric.
Buyback yield is the net repurchase of shares outstanding over the market capital of the company. It is a measure of shareholder return.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Destra Multi-Alternative Fund Buyback Yield % Chart
For the Asset Management subindustry, Destra Multi-Alternative Fund's Buyback Yield %, along with its competitors' market caps and Buyback Yield % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Destra Multi-Alternative Fund Buyback Yield % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Destra Multi-Alternative Fund's Buyback Yield % distribution charts can be found below:
* The bar in red indicates where Destra Multi-Alternative Fund's Buyback Yield % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Destra Multi-Alternative Fund (DMA) has a Buyback Yield % of 0.00 as of Jul. 01, 2026. Share buyback yield equals the net issuance of stock divided by market cap. View historical data on Destra Multi-Alternative Fund and its competitors. Over the past decade, Destra Multi-Alternative Fund's Buyback Yield % has ranged from 0.01 to 7.84. According to the industry distribution chart, Destra Multi-Alternative Fund ranks #999999 out of 755 companies in the Asset Management industry.
Is Destra Multi-Alternative Fund's Buyback Yield % too high?
Destra Multi-Alternative Fund's current Buyback Yield % is 0.00. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 7.84. Based on the distribution chart, Destra Multi-Alternative Fund ranks #999999 out of 755 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Destra Multi-Alternative Fund has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does Destra Multi-Alternative Fund's Buyback Yield % compare to CYPH and VLT?
According to the Asset Management industry distribution chart, Destra Multi-Alternative Fund ranks #999999 out of 755 companies for Buyback Yield %. This places Destra Multi-Alternative Fund in the lower half of its industry. The industry median Buyback Yield % is 0.19. Historically, Destra Multi-Alternative Fund's own Buyback Yield % has ranged from 0.01 to 7.84 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Buyback Yield % for an Asset Management company?
The median Buyback Yield % among Asset Management companies is 0.19, based on 755 companies in the industry. Companies in the top quartile (top 25%) have a Buyback Yield % significantly above this median, while those in the bottom quartile fall well below. However, Buyback Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Buyback Yield % mean?
A high Buyback Yield % can signal that a stock is expensive relative to its fundamentals. Share buyback yield equals the net issuance of stock divided by market cap. View historical data on Destra Multi-Alternative Fund and its competitors. For the Asset Management industry, the median Buyback Yield % is 0.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Destra Multi-Alternative Fund's current Buyback Yield % is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Destra Multi-Alternative Fund stock overvalued right now?
Destra Multi-Alternative Fund (DMA) has a current Buyback Yield % of 0.00. The current Buyback Yield % is 0.00. Destra Multi-Alternative Fund's overall GF Score™ is 34/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Buyback Yield % calculated?
Buyback Yield % is calculated from a company's financial statements. For Destra Multi-Alternative Fund (DMA), the current Buyback Yield % is 0.00 as of Jul. 01, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Destra Multi-Alternative Fund Business Description
Destra Multi-Alternative Fund is a non-diversified, closed-end management investment company that operates as an interval fund with a continuous offering of fund shares. The investment objective of the fund is to seek returns from capital appreciation and income, with an emphasis on income generation. The Fund pursues its investment objective by investing mainly in the income-producing securities of real estate investment trusts (REITs) and alternative investment funds, as well as common stocks and structured notes, bonds, and asset-backed securities.
34GF Score
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