Please wait

 

Destra Multi-Alternative Fund
Schedule of Investments (unaudited)
June 30, 2026

 

Shares/
Contracts/
Principal
        Fair Value  
        COMMON STOCKS – 23.9%        
        ADVERTISING & MARKETING – 0.4%        
  600     AppLovin Corporation, Class A(1)   $ 309,138  
                 
        AEROSPACE & DEFENSE – 2.2%        
  6,370     Aevex Corporation(1)     133,069  
  1,439     Axon Enterprise, Inc.(1)     806,717  
  7,581     Kratos Defense & Security Solutions, Inc.(1)     377,989  
  766     Northrop Grumman Corp.     390,131  
              1,707,906  
        ASSET MANAGEMENT – 0.8%        
  6,141     Robinhood Markets, Inc., Class A(1)     615,819  
                 
        AUTOMOTIVE – 0.2%        
  426     Tesla, Inc.(1)     179,176  
                 
        BANKS – 1.7%        
  8,505     Bank of America Corp.     484,614  
  6,508     Citizens Financial Group, Inc.     456,016  
  1,238     JPMorgan Chase & Company     405,235  
              1,345,865  
        BEVERAGES – 0.5%        
  5,130     Coca-Cola Company (The)     416,915  
                 
        BIOTECH & PHARMA – 1.5%        
  4,257     Abbott Laboratories     386,280  
  22,948     ADMA Biologics, Inc.(1)     192,075  
  1,217     Amgen, Inc.     440,701  
  436     Madrigal Pharmaceuticals, Inc.(1)     234,110  
              1,253,166  
        CHEMICALS – 0.5%        
  1,398     Ecolab, Inc.     389,497  
                 
        COMMERCIAL SERVICES – 0.1%        
  1,371     Affirm Holdings, Inc., Class A(1)     111,805  
                 
        DIVERSIFIED FINANCIAL SERVICES – 0.5%        
  1,214     American Express Co.     410,636  
                 
        E-COMMERCE DISCRETIONARY – 0.5%        
  3,411     eBay, Inc.     381,179  
                 
        ELECTRIC – 1.0%        
  5,526     Carrier Global Corp.     405,332  
  4,497     NextEra Energy, Corp.     394,702  
              800,034  
        ELECTRIC UTILITIES – 1.0%        
  3,697     Ameren Corp.     417,909  
  3,105     American Electric Power Company, Inc.     424,795  
              842,704  

Shares/

Contracts/
Principal

        Fair Value  
        COMMON STOCKS (continued)        
        ELECTRICAL EQUIPMENT – 1.6%        
  2,707     Johnson Controls International PLC   $ 395,520  
  824     Rockwell Automation, Inc.     407,946  
  1,434     Vertiv Holdings Co., Class A     480,132  
              1,283,598  
        FOOD – 0.5%        
  1,370     McDonald’s Corp.     370,325  
                 
        HEALTH CARE – PRODUCTS – 0.3%        
  1,000     Natera, Inc.(1)     271,450  
                 
        INSURANCE – 1.2%        
  6,152     MetLife, Inc.     520,521  
  1,384     Travelers Companies, Inc. (The)     456,886  
              977,407  
        INTERNET MEDIA & SERVICES – 0.2%        
  984     Reddit, Inc., Class A(1)     170,803  
                 
        LEISURE FACILITIES & SERVICES – 0.4%        
  1,723     Darden Restaurants, Inc.     354,955  
                 
        MACHINERY – 0.2%        
  4,345     Symbotic, Inc.(1)     195,308  
                 
        MACHINERY: DIVERSIFIED – 0.5%        
  638     Deere & Co.     404,703  
                 
        MEDICAL EQUIPMENT & DEVICES – 0.6%        
  3,219     Glaukos Corp.(1)     449,887  
                 
        PHARMACEUTICALS – 1.3%        
  2,002     AbbVie, Inc.     503,783  
  2,232     Cardinal Health, Inc.     530,234  
              1,034,017  
        RETAIL – 0.4%        
  2,284     TJX Companies, Inc.     346,026  
                 
        SEMICONDUCTORS – 0.5%        
  1,039     Broadcom, Inc.     392,482  
                 
        SOFTWARE – 3.5%        
  2,059     Cloudflare, Inc., Class A(1)     505,031  
  767     Datadog, Inc., Class A(1)     199,696  
  2,703     Guidewire Software, Inc.(1)     332,604  
  1,554     Intuit, Inc.     405,594  
  1,298     Microsoft Corp.     484,180  
  4,026     Palantir Technologies, Inc., Class A(1)     469,713  
  2,077     Rubrik, Inc., Class A(1)     166,742  
  516     Tyler Technologies, Inc.(1)     150,909  
              2,714,469  

 

1

 

 

Destra Multi-Alternative Fund
Schedule of Investments (unaudited) (continued)
June 30, 2026

 

Shares/
Contracts/
Principal
        Fair Value  
        COMMON STOCKS (continued)        
        TECHNOLOGY HARDWARE – 1.3%        
  3,709     Cisco Systems, Inc.   $ 435,659  
  1,769     Corning, Inc.     451,856  
  506     Credo Technology Group Holding Ltd.(1)     137,607  
              1,025,122  
        TECHNOLOGY SERVICES – 0.5%        
  1,524     International Business Machines Corp.     428,564  
                 
        TOTAL COMMON STOCKS
(Cost $18,680,910)
    19,182,956  
                 
        PRIVATE COMPANIES – 36.7%        
  875,080     AlwaysAI, Inc., Series A-1 Preferred Stock(1),(2),(3)     257,808  
  2,209,638     AlwaysAI, Inc., Series B Preferred Stock(1),(2),(3)     761,161  
  17,643,721     AlwaysAI, Inc. Series C Preferred Stock(1),(2),(3)     4,665,000  
  16,631,141     AlwaysAI, Inc. Series C1 Preferred Stock(1),(2),(3)     4,275,866  
  179,641     Clear Street Group Inc., Series B-1 Preferred Stock(1),(2),(3)     6,609,977  
  332,938     Copia Wealth Studios Common Shares(1),(2),(3)     683,988  
  1,064,396     Copia Wealth Studios Series Seed-2 Preferred Shares(1),(2),(3)     3,101,437  
      Copia Wealth Studios, Inc. SAFE(1),(2),(3),(4)     1,000,000  
  23,723     Eat Just, Inc., Series F Common Stock(1),(2),(3)     389,057  
  270,367     Home Services Champ, Inc., Common Stock (formerly GOSITE, Inc., Series A-1 Common Stock)(1),(2),(3)     859,767  
  1,000,000     Iridia, Inc., Convertible Debt(2),(3)
Coupon Rate (%): 8.00%
Maturity: 10/27/29
    1,000,000  
  937,500     Iridia, Inc., Convertible Debt(2),(3)
Coupon Rate (%): 8.00%
Maturity: 12/12/27
    997,829  
  497,216     Iridia, Inc., Series A-3 Preferred Stock(1),(2),(3)     607,454  
  302,525     Nurture Life, Inc., Series B-1 Preferred Stock(1),(2),(3)     621,628  
  2,085,412     Nurture Life, Inc., Series B-2 Preferred Stock(1),(2),(3)     3,640,295  
        TOTAL PRIVATE COMPANIES
(Cost $25,729,098)
    29,471,267  

 

Shares/
Contracts/
Principal
        Fair Value  
        REAL ESTATE INVESTMENT TRUSTS – 3.9%        
        LISTED REAL ESTATE INVESTMENT TRUSTS – 0.7%        
  1,492     American Tower Corp., Class A   $ 244,046  
  11,929     VICI Properties, Inc.     316,715  
        TOTAL LISTED REAL ESTATE INVESTMENT TRUSTS     560,761  
                 
        NON-LISTED REAL ESTATE INVESTMENT TRUSTS – 1.5%        
  86,203     National Healthcare Properties, Inc., Common Stock (formerly Healthcare Trust, Inc., Common Stock)(1),(3)*     1,262,873  
        TOTAL NON-LISTED REAL ESTATE INVESTMENT TRUSTS     1,262,873  
                 
        PRIVATE REAL ESTATE INVESTMENT TRUSTS – 1.7%        
  715,000     Aventine Property Group, Inc., Common Stock(2),(3)     401,300  
  715,000     Treehouse Real Estate Investment Trust, Inc., Common Stock(1),(2),(3)     933,000  
        TOTAL PRIVATE REAL ESTATE INVESTMENT TRUSTS     1,334,300  
                 
        TOTAL REAL ESTATE INVESTMENT TRUSTS
(Cost $21,612,492)
    3,157,934  
                 
        ALTERNATIVE INVESTMENT FUNDS – 22.4%        
  250     Arboretum Core Asset Fund, L.P.(3),(6)     872,825  
      Canyon CLO Fund II L.P.(2),(3),(5)     4,473,530  
      Canyon CLO Fund III Cayman Ltd.(2),(3),(5)     12,274,404  
  69     Clarion Lion Industrial Trust(3),(6)     260,135  
  159     Preservation REIT 1, Inc.(1),(3),(6)     65,000  
        TOTAL ALTERNATIVE INVESTMENT FUNDS
(Cost $20,515,576)
    17,945,894  
                 
        EXCHANGE-TRADED FUNDS – 0.5%        
        ALTERNATIVE – 0.2%        
  14,194     REX-OSPREY SOL + Staking ETF, USD Class     140,946  
                 
        EQUITY – 0.3%        
  11,181     Direxion Daily Real Estate Bear 3X Shares     213,557  
                 
        TOTAL EXCHANGE-TRADED FUNDS
(Cost $600,495)
    354,503  
                 
        EXCHANGE-TRADED NOTES – 0.4%        
  23,361     iShares Ethereum Trust ETF(1)     277,762  
  9,149     Solana ETF, USD Class     67,520  
        TOTAL EXCHANGE-TRADED NOTES
(Cost $841,043)
    345,282  

 

2

 

 

Destra Multi-Alternative Fund
Schedule of Investments (unaudited) (continued)
June 30, 2026

 

Shares/
Contracts/
Principal
        Fair Value  
        MEDIUM TERM NOTES – 4.0%        
        DIVERSIFIED FINANCIAL SERVICES – 4.0%        
  2,000,000     Barclays Bank plc Series(2),(3)
Coupon Rate (%): 6.00%
Maturity: 03/08/28
  $ 2,000,000  
  1,250,000     GS Finance Corp. Series(2),(3),(7)
Coupon Rate (%): 0.00%
Maturity: 11/19/27
    1,250,000  
                 
        TOTAL MEDIUM TERM NOTES
(Cost $3,250,000)
    3,250,000  
                 
        PROMISSORY NOTES – 6.9%        
  2,750,000     ALPHAWAVE – 1 LLC Series(2)
Coupon Rate (%): 10.0000%
Maturity: 06/05/27
    2,750,000  
  2,750,000     ALPHAWAVE – 1 LLC Series(2)
Coupon Rate (%): 10.0000%
Maturity: 06/05/27
    2,750,000  
                 
        TOTAL PROMISSORY NOTES
(Cost $5,542,577)
    5,500,000  
                 
        WARRANT – 0.6%        
        FOOD – 0.6%        
  878,570     Nurture Life, Inc.(1),(2),(3)
Maturity: 12/24/32
    487,958  
                 
        SOFTWARE – 0.0%(8)        
  1     AlwaysAI, Inc.(1),(2),(3)
Maturity: 09/30/24
     
                 
        TOTAL WARRANT
(Cost $0)
    487,958  
                 
        CONTINGENT VALUE RIGHTS – 0.3%        
        PHARMACEUTICALS – 0.0%(8)        
  142,000     Bristol-Myers Squibb Co.(1),(2)*
Maturity: 03/31/21
     
                 
        REAL ESTATE – 0.3%        
  456,540     Hospitality Investors Trust, Inc.(1),(2),(3)*     241,226  
                 
        TOTAL CONTINGENT VALUE RIGHTS
(Cost $10,690,110)
    241,226  
                 
        SHORT-TERM INVESTMENTS – 10.2%        
        MONEY MARKET FUNDS – 10.2%        
  3,571,328     Fidelity Investments Money Market Government Portfolio, Class I, 3.52%(9),(10),(11)     3,571,328  
  4,625,318     Fidelity Investments Money Market Treasury Portfolio, Class III, 3.29%(9),(10),(11)     4,625,318  
        TOTAL MONEY MARKET FUNDS
(Cost $8,196,646)
    8,196,646  
                 
        TOTAL SHORT-TERM INVESTMENTS
(Cost $8,196,646)
    8,196,646  
Shares/
Contracts/
Principal
        Fair Value  
        PURCHASED OPTIONS CONTRACTS        
        EQUITY OPTIONS PURCHASED(1)* – 2.8%        
        CALL OPTIONS – 2.8%        
  34     Alibaba Group Holding Ltd.
Broker/Counterparty: IB
Expiration Date: 06/17/2027
Exercise Price: $155
Notional Value: $527,000
  $ 19,805  
  33     Alibaba Group Holding Ltd.
Broker/Counterparty: IB
Expiration Date: 09/18/2026
Exercise Price: $180
Notional Value: $594,000
    792  
  27     Alibaba Group Holding Ltd.
Broker/Counterparty: IB
Expiration Date: 12/18/2026
Exercise Price: $200
Notional Value: $540,000
    1,755  
  40     Alibaba Group Holding Ltd.
Broker/Counterparty: IB
Expiration Date: 01/15/2027
Exercise Price: $190
Notional Value: $760,000
    4,080  
  31     Alibaba Group Holding Ltd.
Broker/Counterparty: IB
Expiration Date: 01/15/2027
Exercise Price: $200
Notional Value: $620,000
    2,542  
  37     Appfolio, Inc.
Broker/Counterparty: IB
Expiration Date: 07/17/2026
Exercise Price: $240
Notional Value: $888,000
    3,978  
  24     Appfolio, Inc.
Broker/Counterparty: IB
Expiration Date: 07/17/2026
Exercise Price: $250
Notional Value: $600,000
    2,580  
  7     Axon Enterprise, Inc.
Broker/Counterparty: IB
Expiration Date: 09/18/2026
Exercise Price: $670
Notional Value: $469,000
    24,423  
  7     Axon Enterprise, Inc.
Broker/Counterparty: IB
Expiration Date: 09/18/2026
Exercise Price: $860
Notional Value: $602,000
    6,580  
  7     Axon Enterprise, Inc.
Broker/Counterparty: IB
Expiration Date: 09/18/2026
Exercise Price: $880
Notional Value: $616,000
    5,775  
  10     Axon Enterprise, Inc.
Broker/Counterparty: IB
Expiration Date: 01/15/2027
Exercise Price: $640
Notional Value: $640,000
    66,980  

 

3

 

 

Destra Multi-Alternative Fund
Schedule of Investments (unaudited) (continued)
June 30, 2026

 

Shares/
Contracts/
Principal
        Fair Value  
        PURCHASED OPTIONS CONTRACTS (continued)        
        EQUITY OPTIONS PURCHASED(1)* (continued)        
        CALL OPTIONS (continued)        
  64     Block, Inc.
Broker/Counterparty: IB
Expiration Date: 09/18/2026
Exercise Price: $90
Notional Value: $576,000
  $ 17,792  
  13     Broadcom, Inc.
Broker/Counterparty: IB
Expiration Date: 03/19/2027
Exercise Price: $450
Notional Value: $585,000
    55,900  
  36     BWX Technologies, Inc.
Broker/Counterparty: IB
Expiration Date: 01/15/2027
Exercise Price: $240
Notional Value: $864,000
    50,040  
  39     BWX Technologies, Inc.
Broker/Counterparty: IB
Expiration Date: 02/19/2027
Exercise Price: $220
Notional Value: $858,000
    78,156  
  94     Chipotle Mexican Grill, Inc.
Broker/Counterparty: IB
Expiration Date: 01/15/2027
Exercise Price: $50
Notional Value: $470,000
    6,016  
  24     Cloudflare, Inc.
Broker/Counterparty: IB
Expiration Date: 01/15/2027
Exercise Price: $280
Notional Value: $672,000
    87,120  
  20     Cloudflare, Inc.
Broker/Counterparty: IB
Expiration Date: 02/19/2027
Exercise Price: $260
Notional Value: $520,000
    98,100  
  11     Coinbase Global, Inc.
Broker/Counterparty: IB
Expiration Date: 09/18/2026
Exercise Price: $410
Notional Value: $451,000
    286  
  18     Datadog, Inc.
Broker/Counterparty: IB
Expiration Date: 01/15/2027
Exercise Price: $270
Notional Value: $486,000
    89,010  
  19     DoorDash, Inc.
Broker/Counterparty: IB
Expiration Date: 01/15/2027
Exercise Price: $320
Notional Value: $608,000
    8,550  
  20     DoorDash, Inc.
Broker/Counterparty: IB
Expiration Date: 01/15/2027
Exercise Price: $330
Notional Value: $660,000
    6,880  
Shares/
Contracts/
Principal
        Fair Value  
        PURCHASED OPTIONS CONTRACTS (continued)        
        EQUITY OPTIONS PURCHASED(1)* (continued)        
        CALL OPTIONS (continued)        
  4     Eli Lilly & Co.
Broker/Counterparty: IB
Expiration Date: 01/15/2027
Exercise Price: $1,160
Notional Value: $464,000
  $ 70,000  
  20     Flutter Entertainment plc
Broker/Counterparty: IB
Expiration Date: 01/15/2027
Exercise Price: $240
Notional Value: $480,000
    1,200  
  24     Flutter Entertainment plc
Broker/Counterparty: IB
Expiration Date: 01/15/2027
Exercise Price: $300
Notional Value: $720,000
    840  
  25     Glaukos Corporation
Broker/Counterparty: IB
Expiration Date: 01/15/2027
Exercise Price: $120
Notional Value: $300,000
    86,000  
  42     Glaukos Corporation
Broker/Counterparty: IB
Expiration Date: 01/15/2027
Exercise Price: $160
Notional Value: $672,000
    69,510  
  37     Guidewire Software, Inc.
Broker/Counterparty: IB
Expiration Date: 12/18/2026
Exercise Price: $210
Notional Value: $777,000
    14,893  
  22     Guidewire Software, Inc.
Broker/Counterparty: IB
Expiration Date: 12/18/2026
Exercise Price: $230
Notional Value: $506,000
    6,710  
  1     Guidewire Software, Inc.
Broker/Counterparty: IB
Expiration Date: 01/15/2027
Exercise Price: $125
Notional Value: $12,500
    2,350  
  1     Guidewire Software, Inc.
Broker/Counterparty: IB
Expiration Date: 01/15/2027
Exercise Price: $140
Notional Value: $14,000
    1,770  
  36     Howmet Aerospace, Inc.
Broker/Counterparty: IB
Expiration Date: 03/19/2027
Exercise Price: $300
Notional Value: $1,080,000
    88,200  
  100     Klarna Group plc
Broker/Counterparty: IB
Expiration Date: 10/16/2026
Exercise Price: $35
Notional Value: $350,000
    5,250  

 

4

 

 

Destra Multi-Alternative Fund
Schedule of Investments (unaudited) (continued)
June 30, 2026

 

Shares/
Contracts/
Principal
        Fair Value  
        PURCHASED OPTIONS CONTRACTS (continued)        
        EQUITY OPTIONS PURCHASED(1)* (continued)        
        CALL OPTIONS (continued)        
  6     Madrigal Pharmaceuticals, Inc.
Broker/Counterparty: IB
Expiration Date: 01/15/2027
Exercise Price: $530
Notional Value: $318,000
  $ 56,880  
  2     Madrigal Pharmaceuticals, Inc.
Broker/Counterparty: IB
Expiration Date: 01/15/2027
Exercise Price: $580
Notional Value: $116,000
    14,450  
  11     Madrigal Pharmaceuticals, Inc.
Broker/Counterparty: IB
Expiration Date: 01/15/2027
Exercise Price: $590
Notional Value: $649,000
    75,020  
  2     MercadoLibre, Inc.
Broker/Counterparty: IB
Expiration Date: 12/18/2026
Exercise Price: $2,460
Notional Value: $492,000
    6,390  
  6     Meta Platforms, Inc.
Broker/Counterparty: IB
Expiration Date: 01/15/2027
Exercise Price: $860
Notional Value: $516,000
    5,448  
  6     Meta Platforms, Inc.
Broker/Counterparty: IB
Expiration Date: 06/17/2027
Exercise Price: $880
Notional Value: $528,000
    12,150  
  50     Netflix, Inc.
Broker/Counterparty: IB
Expiration Date: 09/18/2026
Exercise Price: $130
Notional Value: $650,000
    750  
  50     Netflix, Inc.
Broker/Counterparty: IB
Expiration Date: 01/15/2027
Exercise Price: $140
Notional Value: $700,000
    1,950  
  50     Netflix, Inc.
Broker/Counterparty: IB
Expiration Date: 01/15/2027
Exercise Price: $142
Notional Value: $710,000
    2,100  
  37     Netflix, Inc.
Broker/Counterparty: IB
Expiration Date: 06/17/2027
Exercise Price: $126
Notional Value: $466,200
    7,493  
  22     NVIDIA Corp.
Broker/Counterparty: IB
Expiration Date: 09/18/2026
Exercise Price: $220
Notional Value: $484,000
    18,590  
Shares/
Contracts/
Principal
        Fair Value  
        PURCHASED OPTIONS CONTRACTS (continued)        
        EQUITY OPTIONS PURCHASED(1)* (continued)        
        CALL OPTIONS (continued)        
  25     NVIDIA Corporation
Broker/Counterparty: IB
Expiration Date: 03/19/2027
Exercise Price: $250
Notional Value: $625,000
  $ 36,500  
  27     NVIDIA Corporation
Broker/Counterparty: IB
Expiration Date: 06/17/2027
Exercise Price: $240
Notional Value: $648,000
    60,075  
  40     Palantir Technologies, Inc.
Broker/Counterparty: IB
Expiration Date: 09/18/2026
Exercise Price: $200
Notional Value: $800,000
    3,040  
  21     Palantir Technologies, Inc.
Broker/Counterparty: IB
Expiration Date: 09/18/2026
Exercise Price: $220
Notional Value: $462,000
    1,050  
  20     Palantir Technologies, Inc.
Broker/Counterparty: IB
Expiration Date: 12/18/2026
Exercise Price: $160
Notional Value: $320,000
    13,580  
  30     Palantir Technologies, Inc.
Broker/Counterparty: IB
Expiration Date: 01/15/2027
Exercise Price: $175
Notional Value: $525,000
    17,400  
  46     Palantir Technologies, Inc.
Broker/Counterparty: IB
Expiration Date: 03/19/2027
Exercise Price: $140
Notional Value: $644,000
    73,600  
  34     Palantir Technologies, Inc.
Broker/Counterparty: IB
Expiration Date: 03/19/2027
Exercise Price: $155
Notional Value: $527,000
    39,610  
  26     Reddit, Inc.
Broker/Counterparty: IB
Expiration Date: 09/18/2026
Exercise Price: $260
Notional Value: $676,000
    14,846  
  26     Reddit, Inc.
Broker/Counterparty: IB
Expiration Date: 01/15/2027
Exercise Price: $200
Notional Value: $520,000
    76,050  
  63     Robinhood Markets, Inc.
Broker/Counterparty: IB
Expiration Date: 09/18/2026
Exercise Price: $130
Notional Value: $819,000
    30,492  

 

5

 

 

Destra Multi-Alternative Fund
Schedule of Investments (unaudited) (continued)
June 30, 2026

 

Shares/
Contracts/
Principal
        Fair Value  
        PURCHASED OPTIONS CONTRACTS (continued)        
        EQUITY OPTIONS PURCHASED(1)* (continued)        
        CALL OPTIONS (continued)        
  47     Robinhood Markets, Inc.
Broker/Counterparty: IB
Expiration Date: 09/18/2026
Exercise Price: $140
Notional Value: $658,000
  $ 15,745  
  27     Robinhood Markets, Inc.
Broker/Counterparty: IB
Expiration Date: 09/18/2026
Exercise Price: $145
Notional Value: $391,500
    7,911  
  42     Robinhood Markets, Inc.
Broker/Counterparty: IB
Expiration Date: 02/19/2027
Exercise Price: $125
Notional Value: $525,000
    66,486  
  42     Robinhood Markets, Inc.
Broker/Counterparty: IB
Expiration Date: 03/19/2027
Exercise Price: $125
Notional Value: $525,000
    71,190  
  19     Salesforce, Inc.
Broker/Counterparty: IB
Expiration Date: 01/15/2027
Exercise Price: $300
Notional Value: $570,000
    2,470  
  100     Samsara, Inc.
Broker/Counterparty: IB
Expiration Date: 01/15/2027
Exercise Price: $38
Notional Value: $380,000
    46,000  
  68     Shake Shack, Inc.
Broker/Counterparty: IB
Expiration Date: 01/15/2027
Exercise Price: $115
Notional Value: $782,000
    4,250  
  16     Snowflake, Inc.
Broker/Counterparty: IB
Expiration Date: 09/18/2026
Exercise Price: $310
Notional Value: $496,000
    22,368  
  20     Snowflake, Inc.
Broker/Counterparty: IB
Expiration Date: 03/19/2027
Exercise Price: $270
Notional Value: $540,000
    105,350  
  25     Space Exploration Technologies Corporation
Broker/Counterparty: IB
Expiration Date: 01/15/2027
Exercise Price: $300
Notional Value: $750,000
    20,750  
Shares/
Contracts/
Principal
        Fair Value  
        PURCHASED OPTIONS CONTRACTS (continued)        
        EQUITY OPTIONS PURCHASED(1)* (continued)        
        CALL OPTIONS (continued)        
  19     Take-Two Interactive Software, Inc.
Broker/Counterparty: IB
Expiration Date: 01/15/2027
Exercise Price: $270
Notional Value: $513,000
  $ 62,700  
  21     Take-Two Interactive Software, Inc.
Broker/Counterparty: IB
Expiration Date: 01/15/2027
Exercise Price: $290
Notional Value: $609,000
    51,870  
  100     Toast, Inc.
Broker/Counterparty: IB
Expiration Date: 01/15/2027
Exercise Price: $45
Notional Value: $450,000
    7,900  
  20     Tyler Technologies, Inc.
Broker/Counterparty: IB
Expiration Date: 12/18/2026
Exercise Price: $340
Notional Value: $680,000
    46,300  
  16     Tyler Technologies, Inc.
Broker/Counterparty: IB
Expiration Date: 12/18/2026
Exercise Price: $380
Notional Value: $608,000
    22,560  
  55     Uber Technologies, Inc.
Broker/Counterparty: IB
Expiration Date: 01/15/2027
Exercise Price: $110
Notional Value: $605,000
    6,600  
  18     Veeva Systems, Inc.
Broker/Counterparty: IB
Expiration Date: 12/18/2026
Exercise Price: $330
Notional Value: $594,000
    3,240  
  41     Veeva Systems, Inc.
Broker/Counterparty: IB
Expiration Date: 03/19/2027
Exercise Price: $190
Notional Value: $779,000
    109,674  
  14     Zscaler, Inc.
Broker/Counterparty: IB
Expiration Date: 09/18/2026
Exercise Price: $350
Notional Value: $490,000
    553  
  30     Zscaler, Inc.
Broker/Counterparty: IB
Expiration Date: 01/15/2027
Exercise Price: $250
Notional Value: $750,000
    16,200  
  20     Zscaler, Inc.
Broker/Counterparty: IB
Expiration Date: 01/15/2027
Exercise Price: $310
Notional Value: $620,000
    5,090  

 

6

 

 

Destra Multi-Alternative Fund
Schedule of Investments (unaudited) (continued)
June 30, 2026

 

Shares/
Contracts/
Principal
        Fair Value  
        PURCHASED OPTIONS CONTRACTS (continued)        
        EQUITY OPTIONS PURCHASED(1)* (continued)        
        CALL OPTIONS (continued)        
        TOTAL CALL OPTIONS PURCHASED

(Cost – $4,770,444)

  $ 2,246,534  
        TOTAL PURCHASED OPTIONS CONTRACTS

(Cost – $4,770,444)

    2,246,534  
        TOTAL INVESTMENTS – 112.6%

(Cost $120,429,391)

    90,380,200  
                 
        LIABILITIES IN EXCESS OF OTHER ASSETS – (12.6)%   $ (10,090,115 )
        NET ASSETS – 100.0%   $ 80,290,085  
                 
        EXCHANGE-TRADED FUNDS – (2.0)%        
        EQUITY – (2.0)%        
  (19,600 )   ProShares UltraPro QQQ     (1,587,599 )
                 
        TOTAL EXCHANGE-TRADED FUNDS SOLD SHORT –
(Proceeds $(167,745))
  $ (1,587,599 )
                 
        TOTAL SECURITIES SOLD SHORT – (Proceeds – $(167,745))   $ (1,587,599 )

 

(1) Non-income producing security.
(2) Fair valued using significant unobservable inputs.
(3) Restricted investment as to resale.
(4) The Fund holds a Simple Agreement for Future Equity (SAFE) that entitles the Fund to receive equity securities upon the occurrence of a future financing or liquidity event. The number of shares to be issued is dependent on future events, including valuation caps and/or discounts.
(5) Alternative investment fund does not issue shares.
(6) Investments in Alternative Investment Funds are valued using net asset value as a practical expedient.
(7) Zero coupon bond.
(8) Percentage rounds to less than 0.1%.
(9) Rate disclosed is the seven day effective yield as of June 30, 2026.
(10) All or a portion of this security is held as collateral for securities sold short.
(11) All or a portion of this security is held as collateral for line of credit.
   
* All securities are pledged as collateral except for securities identified with a * superscript.

 

CLO – Collateralized Loan Obligation

ETF – Exchange-Traded Fund

IB – Interactive Brokers LLC

LP – Limited Partnership

PLC – Public Limited Company

REIT – Real Estate Investment Trusts

 

7

 

 

Destra Multi-Alternative Fund
Schedule of Investments (unaudited) (continued)
June 30, 2026

 

Security Description   Acquisition
Date
  Cost     Value  
AlwaysAI, Inc., Preferred Stock   1/5/2021   $ 582,936     $ 257,808  
AlwaysAI, Inc., Preferred Stock   2/22/2022     2,192,150       761,161  
AlwaysAI, Inc., Preferred Stock   5/28/2026     4,275,860       4,275,866  
AlwaysAI, Inc., Preferred Stock   5/28/2026     4,664,999       4,665,000  
AlwaysAI, Inc., Warrants   10/2/2023     (1)       
Arboretum Core Asset Fund L.P.   8/2/2018     1,044,795       872,825  
Aventine Property Group, Inc.   1/13/2021     5,692,400       401,300  
Barclays Bank PLC   3/3/2026     2,000,000       2,000,000  
Canyon CLO Fund II L.P.   2/25/2019     6,132,077       4,473,530  
Canyon CLO Fund III Cayman Ltd.   3/1/2022     13,243,419       12,274,404  
Clarion Lion Industrial Trust   6/29/2015     95,285       260,135  
Clear Street Group, Inc.   5/11/2022     1,500,000       6,609,977  
Copia Wealth Studios, Inc. SAFE   12/31/2025     1,000,000       1,000,000  
Copia Wealth Studios, Inc. – Common Shares   5/22/2024     333       683,988  
Copia Wealth Studios, Inc. – Preferred Shares   4/1/2024     3,000,000       3,101,437  
Eat Just, Inc.   6/11/2021     515,501       389,057  
GS Finance Corp.   11/12/2025     1,250,000       1,250,000  
Home Services Champ, Inc., Common Stock (formerly GOSITE, Inc., Series A-1 Common Stock)   7/31/2020     2,052,466       859,767  
Hospitality Investors Trust, Inc.   2/17/2015     10,530,898       241,226  
Iridia, Inc., Convertible Debt   12/23/2024     937,500       997,829  
Iridia, Inc., Convertible Debt   10/27/2025     1,000,000       1,000,000  
Iridia, Inc., Preferred Stock   2/25/2021     750,000       607,454  
National Healthcare Properties, Inc., Common Stock   3/30/2012     7,439,974       1,262,873  
Nurture Life, Inc., Preferred Stock   8/2/2022     500,000       621,628  
Nurture Life, Inc., Preferred Stock   2/18/2025     2,757,353       3,640,295  
Nurture Life, Inc., Warrants   12/23/2022           487,958  
Preservation REIT 1, Inc.   10/22/2019           65,000  
Treehouse Real Estate Investment Trust, Inc.   12/31/2018     7,750,350       933,000  
Total       $ 80,908,296     $ 53,993,518  

 

(1)  Transferred at no cost as a result of a corporate action.

 

8