Destra Multi-Alternative Fund authorizes buyback, raises monthly distribution
The NYSE-listed former interval fund may repurchase shares at a discount to net asset value, with Clear Street as executing broker, after a 30-day cooling-off period.
Nontraded BDC redemption requests hold near 9.8% in third quarter
Fitch reports third-quarter redemption requests at 9.8% of shares across 13 of 15 perpetual nontraded BDCs.