---
schema_version: "secwatch.filing_event.v1"
accession: "0001829126-23-006471"
form_type: "8-K"
ticker: "DMA"
cik: "0001523289"
company_name: "Destra Multi-Alternative Fund"
filed_at: "2023-10-06T23:59:59+00:00"
generated_at: "2026-06-10T03:23:56.552903+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Destra Multi-Alternative Fund adopts limited term, dissolution scheduled for March 31, 2027

## Summary
- Board approved Amended and Restated Declaration of Trust on October 3, 2023, changing fund from perpetual to limited term.
- Fund will dissolve at close of business on March 31, 2027, unless extension conditions are met.
- Term can be extended for additional three-year periods if specific performance or trading targets are achieved.
- If targets are not met, a majority of the Board may approve a single extension of up to twelve months.
- Changes effective immediately; detailed terms filed with SEC on October 6, 2023.

## SEC filing metadata
- accession: 0001829126-23-006471
- form_type: 8-K
- ticker: DMA
- cik: 0001523289
- company_name: Destra Multi-Alternative Fund
- filed_at: 2023-10-06T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1523289/000182912623006471/0001829126-23-006471-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1523289/000182912623006471/destramultialter_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001829126-23-006471
- JSON: https://secwatch.observer/filing/0001829126-23-006471.json
- Plain text: https://secwatch.observer/filing/0001829126-23-006471.txt

## Key facts
- Governance Changes
  Destra Multi-Alternative Fund: Amended and Restated Agreement and Declaration of Trust to revise Article IX, Section 2 to implement an expiring term for the Fund instead of perpetual and include parameters for extension of such term (effective 2023-10-03).
  - Change: charter amendment
  - Effective: 2023-10-03
  source text: On October 3, 2023, the board of trustees of Destra Multi-Alternative Fund (the “Fund”) approved an Amended and Restated Agreement and Declaration of Trust to revise Article IX, Section 2 to implement an expiring term for the Fund and include parameters for any extension to such expiring term.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1523289/000182912623006471/0001829126-23-006471-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.