DMA (Destra Multi-Alternative Fund) Shares Outstanding (Basic Average): 8.72 Mil (As of Mar. 2026)


DMA Destra Multi-Alternative Fund DMA
34 GF Score
Price $7.33
! 1 Warning Sign
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What is Destra Multi-Alternative Fund Shares Outstanding (Basic Average)?

Destra Multi-Alternative Fund DMA 34 Shares Outstanding (Basic Average) is 8.72 Mil as of Mar. 2026. GuruFocus rates DMA with a GF Score™ of 34/100. The stock has 1 warning sign investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Destra Multi-Alternative Fund's average basic shares outstanding for the quarter that ended in Mar. 2026 was 8.72 Mil.

Destra Multi-Alternative Fund  (NYSE:DMA) Shares Outstanding (Basic Average) Explanation

A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.

Be Aware

Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.

Destra Multi-Alternative Fund Shares Outstanding (Basic Average) Related Terms

Destra Multi-Alternative Fund Shares Outstanding (Basic Average) Historical Data

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The historical data trend for Destra Multi-Alternative Fund's Shares Outstanding (Basic Average) can be seen below:

* 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 Shares Outstanding (Basic Average) Chart

Destra Multi-Alternative Fund Annual Data
Trend Feb22 Mar23 Mar24 Mar25 Mar26
Shares Outstanding (Basic Average)
7.04 8.95 9.04 9.05 8.82

Destra Multi-Alternative Fund Semi-Annual Data
Aug21 Feb22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Shares Outstanding (Basic Average) Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.79 8.92 9.19 8.92 8.72
DMA
34GF Score
Destra Multi-Alternative Fund DMA
Shares Outstanding (Basic Average) is just one metric. See GF Score™, valuation, warning signs, and more.
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Destra Multi-Alternative Fund Shares Outstanding (Basic Average) Calculation

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.

Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.

Please note: GuruFocus named Shares Outstanding (EOP) is the shares for that exact time point. It is usually used to calculate balance sheet related items, such as Book Value per Share, etc. While Shares Outstanding (Diluted Average) and Shares Outstanding (Basic Average) are the weighted average shares over a period of time (a year, a quarter, or so). They are usually used to calculate income statement or cashflow statement related items, such as Earnings per Share (Diluted), etc.

What does a Shares Outstanding (Basic Average) of 8.72 Mil mean?
Destra Multi-Alternative Fund (DMA) has a Shares Outstanding (Basic Average) of 8.72 Mil as of Mar. 2026. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Destra Multi-Alternative Fund and its competitors.
Is Destra Multi-Alternative Fund's Shares Outstanding (Basic Average) too high?
Destra Multi-Alternative Fund's current Shares Outstanding (Basic Average) is 8.72 Mil. 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 Shares Outstanding (Basic Average) compare to PGZ and CCIF?
Destra Multi-Alternative Fund's Shares Outstanding (Basic Average) of 8.72 Mil can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shares Outstanding (Basic Average) for an Asset Management company?
A good Shares Outstanding (Basic Average) depends on the Asset Management industry context. However, Shares Outstanding (Basic Average) 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 Shares Outstanding (Basic Average) mean?
A high Shares Outstanding (Basic Average) can signal that a stock is expensive relative to its fundamentals. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Destra Multi-Alternative Fund and its competitors. Destra Multi-Alternative Fund's current Shares Outstanding (Basic Average) is 8.72 Mil. 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 Shares Outstanding (Basic Average) of 8.72 Mil. The current Shares Outstanding (Basic Average) is 8.72 Mil. 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 Shares Outstanding (Basic Average) calculated?
Shares Outstanding (Basic Average) is calculated from a company's financial statements. For Destra Multi-Alternative Fund (DMA), the current Shares Outstanding (Basic Average) is 8.72 Mil as of Mar. 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

Address 443 North Willson Avenue, Bozeman, MT, USA, 59715
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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Shares Outstanding (Basic Average) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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