Saba Capital Management, L.P. bought $1.2M of Destra Multi-Alternative Fund (DMA)
Executed Jul 28 2025, disclosed Jul 30 2025, 2 days later.
Over the 21 trading sessions from the disclosed entry session (Jul 30 2025), the stock returned +1.9% (delay-adjusted); from the execution session (Jul 28 2025), +3.0%. Derived: entry at the session's open, exit at the close 20 sessions later.
Saba Capital Management, L.P. (10% owner) filed 334 Form 4 reports as a reporting entity in the trailing twelve months (142 purchases, 192 sales, 5 filed past the two-business-day deadline), most often in BlackRock ESG Capital Allocation Term Trust (ECAT). Across 140 priced purchase filings, the average 21-session return was +5.2% from execution and +5.2% from disclosure (delay-adjusted; derived). The largest single filing was $9.4M of ASA (134,093 sh across 2 lots, as filed), executed Feb 12.
68,449 sh × $8.60
Exec Sep 9 2025
Filed Sep 11 2025 · 10:43 AM ET DMAPURCHASE Destra Multi-Alternative Fund $239K
27,923 sh × $8.57
Exec Sep 5 2025
Filed Sep 8 2025 · 2:23 PM ET DMAPURCHASE Destra Multi-Alternative Fund $362K
41,802 sh × $8.66
Exec Aug 14 2025
Filed Aug 18 2025 · 10:05 AM ET DMAPURCHASE Destra Multi-Alternative Fund $167K
19,595 sh × $8.53
Exec May 13 2025
Filed May 15 2025 · 5:30 PM ET DMAPURCHASE Destra Multi-Alternative Fund $335K
39,683 sh across 2 lots
Exec May 8 2025
Filed May 12 2025 · 5:30 PM ET DMAPURCHASE Destra Multi-Alternative Fund $102K
12,200 sh × $8.40
Exec Apr 30 2025
Filed May 1 2025 · 5:30 PM ET