Destra Multi-Alternative Fund (DMA) NPORT-P Destra Multi-Alternative Fund (Jun 2023 report)

Destra Multi-Alternative Fund

Schedule of Investments

As of June 30, 2023 (unaudited)

Shares/ Contracts/ Principal		Security	Value
		COMMON STOCKS – 18.6%
		AGRICULTURE – 0.6%
	7,774	Archer-Daniels-Midland Co.	$	587,403
		AUTO MANUFACTURERS – 0.6%
	2,303	Cummins, Inc.		564,603
		BANKS – 0.9%
	7,315	Morgan Stanley		624,701
	2,000	PNC Financial Services Group, Inc.		251,900
				876,601
		BIOTECHNOLOGY – 0.3%
	4,642	Corteva, Inc.		265,987
		CHEMICALS – 0.1%
	1,454	International Flavors & Fragrances, Inc.		115,724
		COMPUTERS – 0.5%
	7,528	Cognizant Technology Solutions Corp., Class A		491,428
		DIVERSIFIED FINANCIAL SERVICES – 0.5%
	2,891	American Express Co.		503,612
		ELECTRIC – 0.6%
	7,227	NextEra Energy, Inc.		536,243
		FINANCIAL SERVICES – 0.2%
	1,530	Blackstone Group, Inc.		142,244
		FOOD SERVICE – 0.5%
	1,463	McDonald’s Corp.		436,574
		HEALTHCARE-SERVICES – 0.7%
	600	Elevance Health, Inc.		266,574
	840	UnitedHealth Group, Inc.		403,738
				670,312
		INSURANCE – 0.5%
	6,654	Principal Financial Group, Inc.		504,639
		INVESTMENT COMPANIES – 0.1%
	10,094	CION Investment Corp.		104,776
		LISTED BUSINESS DEVELOPMENT COMPANIES – 4.1%
	286,500	Owl Rock Capital Corp.(1)		3,844,830
		MACHINERY-DIVERSIFIED – 0.7%
	1,257	Deere & Co.		509,324
	505	Rockwell Automation, Inc.		166,372
				675,696
		MEDIA – 0.5%
	12,254	Comcast Corp., Class A		509,154

Shares/ Contracts/ Principal		Security	Value
		COMMON STOCKS (continued)
		MINING – 0.5%
	12,163	Newmont Mining Corp.	$	518,874
		MISCELLANEOUS MANUFACTURING – 0.3%
	687	Parker-Hannifin Corp.		267,957
		OIL & GAS – 1.7%
	5,569	EOG Resources, Inc.		637,316
	3,943	Marathon Petroleum Corp.		459,754
	2,238	Pioneer Natural Resources Co.		463,669
				1,560,739
		OIL & GAS SERVICES – 0.2%
	6,318	Baker Hughes Co.		199,712
		PHARMACEUTICALS – 0.3%
	1,834	AbbVie, Inc.		247,095
		RETAIL – 0.8%
	1,464	Genuine Parts Co.		247,753
	5,664	The TJX Cos., Inc.		480,250
				728,003
		SEMICONDUCTORS – 1.2%
	3,497	Analog Devices, Inc.		681,251
	535	Broadcom, Ltd.		464,075
				1,145,326
		SOFTWARE – 0.4%
	1,168	Microsoft Corp.		397,751
		TELECOMMUNICATIONS – 0.7%
	20,034	Corning, Inc.		701,991
		TRANSPORTATION – 1.1%
	2,193	Union Pacific Corp.		448,731
	3,067	United Parcel Service, Inc., Class B		549,760
				998,491
		TOTAL COMMON STOCKS
		(Cost $18,335,448)		17,595,765
		EXCHANGE-TRADED FUNDS – 2.0%
	69,330	Global X Nasdaq 100 Covered Call ETF		1,230,607
	40,000	Global X Russell 2000 Covered Call ETF		723,600
		TOTAL EXCHANGE-TRADED FUNDS (Cost $1,925,878)		1,954,207
		MEDIUM TERM NOTES – 5.3%
		BANKS – 4.8%
	1,500,000	Credit Suisse AG London, 0.0%, 09/18/25(2)(3)(4)		1,500,000
	3,000,000	UBS AG London, 13.75%, 09/18/25(2)(4)		3,000,000
				4,500,000

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Destra Multi-Alternative Fund

Schedule of Investments (continued)

As of June 30, 2023 (unaudited)

Shares/ Contracts/ Principal		Security	Value
		MEDIUM TERM NOTES (continued)
		DIVERSIFIED FINANCIAL SERVICES – 0.5%
	500,000	GS Finance Corp., 12.1%, 09/30/24(2)(4)	$	500,000
		TOTAL MEDIUM TERM NOTES
		(Cost $5,000,000)		5,000,000
		PRIVATE COMPANIES – 12.7%
	254,113	Always AI, Inc., Series A-1 Preferred Stock(2)(3)(4)		513,967
	490,767	Always AI, Inc., Series B Preferred Stock(2)(3)(4)		2,055,869
	179,641	Clear Street Group, Inc., Series B Preferred Stock(2)(3)(4)		1,500,002
	23,723	Eat Just, Inc., Series F Common Stock(2)(3)(4)		475,883
	542,467	GOSITE, Inc., Series A-1 Preferred Stock(2)(3)(4)		4,084,777
	497,216	Iridia, Inc., Series A-3 Preferred Stock(2)(3)(4)		868,126
	2,550,000	Nurture Life, Inc., Convertible Debt, 6.0%, 12/31/23(2)(4)		2,550,000
		TOTAL PRIVATE COMPANIES
		(Cost $9,415,497)		12,048,624
		PURCHASED OPTIONS CONTRACTS – 0.0%
		CALL OPTIONS – 0.0%
	20	Charles Schwab Corp. Exercise Price: $68, Notional Amount: $135,000, Expiration Date: 09/15/2023(3)		960
	20	Charles Schwab Corp. Exercise Price: $70, Notional Amount: $140,000, Expiration Date: 03/15/2024(3)		4,300
	21	Tesla, Inc. Exercise Price: $425, Notional Amount: $892,500, Expiration Date: 01/19/2024(3)		16,968
	21	Tesla, Inc. Exercise Price: $375, Notional Amount: $787,500, Expiration Date: 01/19/2024(3)		26,565
		TOTAL CALL OPTIONS		48,793
		TOTAL PURCHASED OPTIONS CONTRACTS
		(Cost $27,127)		48,793
		CONTINGENT VALUE RIGHTS – 0.6%
		PHARMACEUTICALS – 0.0%
	142,000	Bristol-Myers Squibb Co.(2)(3)		-
		REAL ESTATE – 0.6%
	456,540	Hospitality Investors Trust, Inc.(2)(3)(4)		241,226
	579,536	Ready Capital Corp.(2)(3)(4)		318,906
				560,132
		TOTAL CONTINGENT VALUE RIGHTS
		(Cost $9,395,584)		560,132

Shares/ Contracts/ Principal		Security	Value
		WARRANTS – 0.0%
		FOOD – 0.0%
	878,570	Nurture Life, Inc.(2)(3)(4)	$	8,786
		TOTAL WARRANTS
		(Cost $-)		8,786
		REAL ESTATE INVESTMENT TRUSTS – 29.4%
		LISTED REAL ESTATE INVESTMENT TRUSTS – 8.7%
	275,000	Newlake Capital Partners, Inc.		3,795,000
	4,175	Prologis, Inc., REIT		511,981
	345,947	Ready Capital Corp.		3,902,282
		TOTAL LISTED REAL ESTATE INVESTMENT TRUSTS		8,209,263
		NON-LISTED REAL ESTATE INVESTMENT TRUSTS – 8.1%
	329,575	Healthcare Trust, Inc., Common Stock(2)(4)		4,718,585
	1,061,081	NorthStar Healthcare Income, Inc., Common Stock(2)(3)(4)		3,000,504
		TOTAL NON-LISTED REAL ESTATE INVESTMENT TRUSTS		7,719,089
		PRIVATE REAL ESTATE INVESTMENT TRUSTS – 12.6%
	715,000	Aventine Property Group, Inc., Common Stock(2)(4)		5,291,000
	715,000	Treehouse Real Estate Investment Trust, Inc., Common Stock(2)(4)(5)		6,635,200
		TOTAL PRIVATE REAL ESTATE INVESTMENT TRUSTS		11,926,200
		TOTAL REAL ESTATE INVESTMENT TRUSTS
		(Cost $37,402,851)		27,854,552
		ALTERNATIVE INVESTMENT FUNDS – 47.2%
	250	Arboretum Core Asset Fund LP(4)(5)(6)		2,414,683
	-	Canyon CLO Fund II LP(2)(3)(4)(7)		8,949,003
	-	Canyon CLO Fund III (Cayman) Ltd.(2)(3)(4)(5)(7)		9,147,237
	4,113	Clarion Lion Industrial Trust(4)(6)		16,694,539
	-	Ovation Alternative Income Fund(4)(6)(7)		870,516
	159	Preservation REIT 1, Inc.(4)(6)(8)		6,475,511
	52	SGOF Liquidating Master, Ltd.(3)(4)(6)		126,610
		TOTAL ALTERNATIVE INVESTMENT FUNDS
		(Cost $27,898,445)		44,678,099

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Destra Multi-Alternative Fund

Schedule of Investments (continued)

As of June 30, 2023 (unaudited)

Shares/ Contracts/ Principal			Security	Value
			SHORT-TERM INVESTMENTS – 7.1%
			MONEY MARKET FUND – 7.1%
	6,693,908		Fidelity Investments Money Market Funds - Government Portfolio, Class I, 4.99%(1)(9)	$	6,693,908
			TOTAL SHORT-TERM INVESTMENTS
			(Cost $6,693,908)		6,693,908
			TOTAL INVESTMENTS – 122.9%
			(Cost $116,094,738)		116,442,866
			Liabilities in Excess of Other Assets – (22.9)%		(21,732,877	)
			TOTAL NET ASSETS – 100.0%	$	94,709,989
			WRITTEN OPTIONS CONTRACT – (0.0)%
			CALL OPTIONS – (0.0)%
	(40	)	Charles Schwab Corp. Exercise Price: $85, Notional Amount: $(340,000), Expiration Date: 03/15/2024		(2,280	)
			TOTAL WRITTEN OPTIONS CONTRACT
			(Proceeds $(9,104))		(2,280	)

Shares/ Contracts/ Principal			Security	Value
			EXCHANGE-TRADED FUNDS SOLD SHORT – (1.7)%
	(9,900	)	Direxion Daily S&P 500 Bull 3X	$	(890,802	)
	(1,290	)	iShares Transportation Average ETF		(322,268	)
	(9,800	)	ProShares UltraPro QQQ		(401,800	)
			TOTAL EXCHANGE-TRADED FUNDS SOLD SHORT
			(Proceeds $(802,222))		(1,614,870	)
			TOTAL SHORT SECURITIES
			(Proceeds $(811,326))	$	(1,617,150	)

(1)	All or a portion of this security is segregated as collateral for securities sold short.
(2)	Fair valued using significant unobservable inputs.
(3)	Non-income producing security.
(4)	Restricted investment as to resale.
(5)	Affiliated investment for which ownership exceeds 5% of the investment’s capital.
(6)	Investments in Alternative Investment Funds are valued using net asset value as a practical expedient.
(7)	Alternative investment fund does not issue shares.
(8)	Affiliated investment for which ownership exceeds 25% of the investment’s capital.
(9)	The rate is the annualized seven-day yield as of June 30, 2023.

ETF – Exchange-Traded Fund
LP – Limited Partnership
REIT – Real Estate Investment Trusts

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Destra Multi-Alternative Fund

Schedule of Investments (continued)

As of June 30, 2023 (unaudited)

Restricted securities — Restricted securities are securities that may be resold only upon registration under federal securities laws or in transactions exempt from such registration. In some cases, the issuer of restricted securities has agreed to register such securities for resale, at the issuer’s expense either upon demand by the Fund or in connection with another registered offering of the securities. Many restricted securities may be resold in the secondary market in transactions exempt from registration. Such restricted securities may be determined to be liquid under criteria established by the Board. The restricted securities may be valued at the price provided by dealers in the secondary market or, if no market prices are available, the fair value as determined in good faith using methods approved by the Board. The Alternative Investment Funds generally are restricted securities that are subject to substantial holding periods and are not traded in public markets, so that the Fund may not be able to resell some of its investments for extended periods, which may be several years.

Additional information on each restricted investment held by the Fund at June 30, 2023 is as follows:

Security Description	Acquisition Date	Cost			Value		% of Net Assets
Always AI, Inc.	1/5/2021	$	1,999,998		$	2,569,836		2.7	%
Arboretum Core Asset Fund LP	8/2/2018		2,500,000			2,414,683		2.6
Aventine Property Group, Inc.	1/13/2021		5,292,000			5,291,000		5.6
Canyon CLO Fund II LP	2/25/2019		7,247,030			8,949,003		9.5
Canyon CLO Fund III (Cayman) Ltd.	3/1/2022		8,411,878			9,147,237		9.7
Clarion Lion Industrial Trust	6/29/2015		5,548,819			16,694,539		17.6
Clear Street Group, Inc.	5/11/2022		1,500,000			1,500,002		1.6
Credit Suisse AG London	9/13/2022		1,500,000			1,500,000		1.6
Eat Just, Inc.	6/11/2021		515,501			475,883		0.5
GOSITE, Inc.	7/31/2020		2,099,998			4,084,777		4.3
GS Finance Corp.	9/23/2022		500,000			500,000		0.5
Healthcare Trust, Inc.	3/30/2012		4,936,238			4,718,585		4.9
Hospitality Investors Trust, Inc.	2/17/2015		9,236,371			241,226		0.3
Iridia, Inc.	2/25/2021		750,000			868,126		0.9
NorthStar Healthcare Income, Inc.	3/29/2012		6,706,530			3,000,504		3.2
Nurture Life, Inc.	8/2/2022		2,550,000			2,550,000		2.7
Nurture Life, Inc., Warrants	12/23/2022		-			8,786		-
Ovation Alternative Income Fund	7/25/2014		813,552			870,516		0.9
Preservation REIT 1, Inc.	10/22/2019		3,377,166			6,475,511		6.8
Ready Capital Corp., Contingent Value Rights	7/6/2017		-	(1)		318,906		0.3
SGOF Liquidating Master, Ltd.	6/2/2015		-	(1)		126,610		0.1
Treehouse Real Estate Investment Trust, Inc.	12/31/2018		8,792,962			6,635,200		7.0
UBS AG London	9/13/2022		3,000,000			3,000,000		3.2
Total		$	77,278,043		$	81,940,930		86.50	%

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

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