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Trending ETFs

Name

As of 01/04/2022

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$11.27

-

5.89%

$0.66

4.69%

Vitals

YTD Return

0.0%

1 yr return

4.9%

3 Yr Avg Return

1.7%

5 Yr Avg Return

-0.2%

Net Assets

$N/A

Holdings in Top 10

85.6%

52 WEEK LOW AND HIGH

$11.3
$10.89
$11.78

Expenses

OPERATING FEES

Expense Ratio 4.69%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 26.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$2,500

IRA

N/A


Fund Classification

Fund Type

Closed-end mutual fund


Name

As of 01/04/2022

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$11.27

-

5.89%

$0.66

4.69%

MCFDX - Profile

Distributions

  • YTD Total Return 0.0%
  • 3 Yr Annualized Total Return 1.7%
  • 5 Yr Annualized Total Return -0.2%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio -0.23%
DIVIDENDS
  • Dividend Yield 5.9%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Destra Multi-Alternative Fund
  • Fund Family Name
    Multi-Strategy
  • Inception Date
    Jul 02, 2014
  • Shares Outstanding
    N/A
  • Share Class
    C
  • Currency
    USD
  • Domiciled Country
    United States

Fund Description


MCFDX - Performance

Return Ranking - Trailing

Period MCFDX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.0% -73.0% 19.4% 70.97%
1 Yr 4.9% -9.1% 86.9% 83.27%
3 Yr 1.7%* -9.5% 16.2% 87.15%
5 Yr -0.2%* -4.9% 14.4% 91.48%
10 Yr N/A* -0.9% 7.5% N/A

* Annualized

Return Ranking - Calendar

Period MCFDX Return Category Return Low Category Return High Rank in Category (%)
2023 -1.2% -22.7% 305.1% 90.74%
2022 -13.0% -9.8% 27.3% 72.98%
2021 2.3% -20.8% 10.9% N/A
2020 N/A -12.4% 29.4% N/A
2019 N/A -10.5% 15.8% N/A

Total Return Ranking - Trailing

Period MCFDX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.0% -73.0% 19.4% 70.61%
1 Yr 4.9% -13.4% 86.9% 76.00%
3 Yr 1.7%* -9.5% 16.2% 85.94%
5 Yr -0.2%* -5.3% 14.4% 89.24%
10 Yr N/A* -0.9% 7.5% N/A

* Annualized

Total Return Ranking - Calendar

Period MCFDX Return Category Return Low Category Return High Rank in Category (%)
2023 -1.2% -22.7% 305.1% 90.74%
2022 -13.0% -9.8% 27.3% 64.11%
2021 3.3% -20.8% 10.9% N/A
2020 N/A -8.4% 29.4% N/A
2019 N/A -10.2% 18.0% N/A

NAV & Total Return History


MCFDX - Holdings

Concentration Analysis

MCFDX Category Low Category High MCFDX % Rank
Net Assets N/A 1.5 M 5.01 B N/A
Number of Holdings 49 4 4478 79.51%
Net Assets in Top 10 95.7 M -398 M 2.55 B 39.93%
Weighting of Top 10 85.62% 13.1% 100.0% 32.57%

Top 10 Holdings

  1. Barclays Line Of Credit 12.58%
  2. Barclays Line Of Credit 12.58%
  3. Barclays Line Of Credit 12.58%
  4. Barclays Line Of Credit 12.58%
  5. Barclays Line Of Credit 12.58%
  6. Barclays Line Of Credit 12.58%
  7. Barclays Line Of Credit 12.58%
  8. Barclays Line Of Credit 12.58%
  9. Barclays Line Of Credit 12.58%
  10. Barclays Line Of Credit 12.58%

Asset Allocation

Weighting Return Low Return High MCFDX % Rank
Other
67.91% -21.53% 148.54% 6.01%
Stocks
33.25% -3.75% 97.95% 39.58%
Bonds
1.15% -326.45% 6347.80% 90.81%
Preferred Stocks
0.00% -0.12% 46.97% 89.40%
Convertible Bonds
0.00% 0.00% 87.92% 95.41%
Cash
-2.32% -6278.21% 410.43% 89.40%

Stock Sector Breakdown

Weighting Return Low Return High MCFDX % Rank
Real Estate
73.79% 0.00% 51.26% 9.45%
Financial Services
24.79% 0.00% 59.28% 1.45%
Consumer Cyclical
1.39% 0.00% 29.09% 100.00%
Communication Services
0.02% 0.00% 21.78% 97.45%
Technology
0.01% 0.00% 39.58% 94.18%
Utilities
0.00% 0.00% 9.23% 85.82%
Industrials
0.00% 0.00% 21.45% 81.09%
Healthcare
0.00% 0.00% 45.63% 96.00%
Energy
0.00% 0.00% 100.00% 7.64%
Consumer Defense
0.00% 0.00% 13.62% 96.36%
Basic Materials
0.00% 0.00% 27.46% 96.00%

Stock Geographic Breakdown

Weighting Return Low Return High MCFDX % Rank
US
33.19% -8.85% 91.88% 26.15%
Non US
0.06% -19.62% 42.11% 84.45%

Bond Sector Breakdown

Weighting Return Low Return High MCFDX % Rank
Cash & Equivalents
99.70% 0.27% 100.00% 2.83%
Government
0.30% 0.00% 84.29% 98.59%
Derivative
0.00% 0.00% 88.81% 97.53%
Securitized
0.00% 0.00% 56.83% 96.82%
Corporate
0.00% 0.00% 87.73% 96.47%
Municipal
0.00% 0.00% 27.33% 91.52%

Bond Geographic Breakdown

Weighting Return Low Return High MCFDX % Rank
US
1.15% -126.19% 6311.18% 96.82%
Non US
0.00% -382.37% 121.02% 86.93%

MCFDX - Expenses

Operational Fees

MCFDX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 4.69% 0.29% 31.15% 9.35%
Management Fee 1.35% 0.00% 2.50% 80.57%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.30% 52.05%

Sales Fees

MCFDX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.50% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

MCFDX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

MCFDX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 26.00% 0.00% 491.00% 22.58%

MCFDX - Distributions

Dividend Yield Analysis

MCFDX Category Low Category High MCFDX % Rank
Dividend Yield 5.89% 0.00% 4.56% 90.46%

Dividend Distribution Analysis

MCFDX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Annually Quarterly Annually

Net Income Ratio Analysis

MCFDX Category Low Category High MCFDX % Rank
Net Income Ratio -0.23% -2.51% 6.83% 40.65%

Capital Gain Distribution Analysis

MCFDX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Distributions History

View More +

MCFDX - Fund Manager Analysis

Tenure Analysis

Category Low Category High Category Average Category Mode
0.02 17.37 4.48 1.67