---
schema_version: "secwatch.filing_event.v1"
accession: "0001829126-25-010182"
form_type: "8-K"
ticker: "DMA"
cik: "0001523289"
company_name: "Destra Multi-Alternative Fund"
filed_at: "2025-12-19T23:59:59+00:00"
generated_at: "2026-05-16T12:33:44.631277+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.15
confidence: "high"
source: SEC EDGAR
---

# Destra Multi-Alternative Fund shareholders approve removal of real estate concentration policy

## Summary
- 79% of votes cast in favor; 4,285,378 for, 1,118,644 against, 16,622 abstentions.
- Policy revision eliminates requirement to invest >25% of net assets in real estate.
- Change effective immediately after shareholder approval at December 18 special meeting.
- Portfolio manager intends to transition real estate exposure into liquid hedged strategies using Validex Dynamic Alpha process.

## SEC filing metadata
- accession: 0001829126-25-010182
- form_type: 8-K
- ticker: DMA
- cik: 0001523289
- company_name: Destra Multi-Alternative Fund
- filed_at: 2025-12-19T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.15
- confidence: high
- sec_items: 5.07, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1523289/000182912625010182/0001829126-25-010182-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1523289/000182912625010182/destramultialter_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001829126-25-010182
- JSON: https://secwatch.observer/filing/0001829126-25-010182.json
- Plain text: https://secwatch.observer/filing/0001829126-25-010182.txt

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