UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM N-PX
ANNUAL REPORT OF PROXY VOTING RECORD OF REGISTERED MANAGEMENT INVESTMENT COMPANY
Investment Company Act file number 811-22572
| Destra Multi-Alternative Fund |
(Exact name of registrant as specified in charter)
444 West Lake Street, Suite 1700
| Chicago, IL 60606 |
(Address of principal executive offices) (Zip code)
Derek Mullins
444 West Lake Street, Suite 1700
| Chicago, IL 60606 |
(Name and address of agent for service)
Registrant’s telephone number, including area code: (312)-843-6161
Date of fiscal year end: February 28
Date of reporting period: July 1, 2019 – June 30, 2020
Form N-PX is to be used by a registered management investment company, other than a small business investment company registered on Form N-5 (§§ 239.24 and 274.5 of this chapter), to file reports with the Commission, not later than August 31 of each year, containing the registrant’s proxy voting record for the most recent twelve-month period ended June 30, pursuant to section 30 of the Investment Company Act of 1940 and rule 30b1-4 thereunder (17 CFR 270.30b1-4). The Commission may use the information provided on Form N-PX in its regulatory, disclosure review, inspection, and policymaking roles.
A registrant is required to disclose the information specified by Form N-PX, and the Commission will make this information public. A registrant is not required to respond to the collection of information contained in Form N-PX unless the Form displays a currently valid Office of Management and Budget (“OMB”) control number. Please direct comments concerning the accuracy of the information collection burden estimate and any suggestions for reducing the burden to the Secretary, Securities and Exchange Commission, 450 Fifth Street, NW, Washington, DC 20549-0609. The OMB has reviewed this collection of information under the clearance requirements of 44 U.S.C. § 3507.
PROXY VOTING RECORD
FOR PERIOD JULY 1, 2019 TO JUNE 30, 2020
Item 1: Proxy Voting Record
Registrant: Destra Multi-Alternative Fund
| Issuer of Portfolio Security | Exchange Ticker Symbol | CUSIP # | Shareholder Meeting Date | Summary of Matter Voted On | Who Proposed Matter: Issuer / Shareholder | Whether Fund Cast Vote on Matter | Fund’s Vote For or Against Proposal, or Abstain; For or Withhold Regarding Election of Directors | Whether Vote Was For or Against Management | ||||||||
| ARES CAPITAL CORPORATION | ARCC | 04010L103 | 08-Jul-2019 | To authorize the Company, with the approval of its board of directors, to sell or otherwise issue shares of its common stock at a price below its then current net asset value per share subject to the limitations set forth in the proxy statement for the special meeting of stockholders (including, without limitation, that the number of shares issued does not exceed 25% of the Company’s then outstanding common stock). | Management | Yes | Split | Split | ||||||||
| FS KKR CAPITAL CORP. | FSK | 302635107 | 16-Jul-2019 | Election of Director: Barbara Adams | Management | Yes | Split | Split | ||||||||
| FS KKR CAPITAL CORP. | FSK | 302635107 | 16-Jul-2019 | Election of Director: Frederick Arnold | Management | Yes | Split | Split | ||||||||
| FS KKR CAPITAL CORP. | FSK | 302635107 | 16-Jul-2019 | Election of Director: Michael C. Forman | Management | Yes | Split | Split | ||||||||
| FS KKR CAPITAL CORP. | FSK | 302635107 | 16-Jul-2019 | Election of Director: Jerel A. Hopkins | Management | Yes | Split | Split | ||||||||
| FS KKR CAPITAL CORP. | FSK | 302635107 | 16-Jul-2019 | To approve the proposal to allow the Company in future offerings to sell its shares below net asset value per share in order to provide flexibility for future sales. | Management | Yes | Split | Split | ||||||||
| FS KKR CAPITAL CORP. | FSK | 302635107 | 16-Jul-2019 | To approve the application of the reduced asset coverage requirements in Section 61(a)(2) of the Investment Company Act of 1940, as amended, to the Company, which would permit the Company to increase the maximum amount of leverage that it is permitted to incur by reducing the asset coverage requirement applicable to the Company from 200% to 150%. | Management | Yes | Split | Split | ||||||||
| BLACKROCK DEBT STRATEGIES FD INC | DSU | 09255R202 | 29-Jul-2019 | Election of Director: Richard E. Cavanagh | Management | Yes | Split | Split | ||||||||
| BLACKROCK DEBT STRATEGIES FD INC | DSU | 09255R202 | 29-Jul-2019 | Election of Director: Frank J. Fabozzi | Management | Yes | Split | Split | ||||||||
| BLACKROCK DEBT STRATEGIES FD INC | DSU | 09255R202 | 29-Jul-2019 | Election of Director: Robert Fairbairn | Management | Yes | Split | Split | ||||||||
| BLACKROCK DEBT STRATEGIES FD INC | DSU | 09255R202 | 29-Jul-2019 | Election of Director: Henry Gabbay | Management | Yes | Split | Split | ||||||||
| BLACKROCK MULTI SECTOR INCOME TRUST | BIT | 09258A107 | 29-Jul-2019 | Election of Director: Richard E. Cavanagh | Management | Yes | Split | Split | ||||||||
| BLACKROCK MULTI SECTOR INCOME TRUST | BIT | 09258A107 | 29-Jul-2019 | Election of Director: Cynthia L. Egan | Management | Yes | Split | Split | ||||||||
| BLACKROCK MULTI SECTOR INCOME TRUST | BIT | 09258A107 | 29-Jul-2019 | Election of Director: Robert Fairbairn | Management | Yes | Split | Split | ||||||||
| BLACKROCK MULTI SECTOR INCOME TRUST | BIT | 09258A107 | 29-Jul-2019 | Election of Director: Henry Gabbay | Management | Yes | Split | Split | ||||||||
| WHITEHORSE FINANCE, INC. | WHF | 96524V106 | 01-Aug-2019 | To ratify the selection of Crowe LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2019. | Management | Yes | Split | Split | ||||||||
| WHITEHORSE FINANCE, INC. | WHF | 96524V106 | 01-Aug-2019 | Election of Director: Kevin F. Burke | Management | Yes | Split | Split | ||||||||
| WHITEHORSE FINANCE, INC. | WHF | 96524V106 | 01-Aug-2019 | Election of Director: G. Stacy Smith | Management | Yes | Split | Split | ||||||||
| GOLUB CAPITAL BDC, INC. | GBDC | 38173M102 | 04-Sep-2019 | Contingent upon approval of Certificate of Incorporation Amendment Proposal, to approve issuance of shares of GBDC Common Stock pursuant to Agreement and Plan of Merger dated as of November 27, 2018 (as amended, “Merger Agreement”) by and among GBDC, Fifth Ave Subsidiary Inc., a wholly owned subsidiary of GBDC (Merger Sub), Golub Capital Investment Corporation, a Maryland corporation (GCIC), GC Advisors LLC (GC Advisors), and, for certain limited purposes, Golub Capital LLC (such proposal is referred to as the “Merger Stock issuance Proposal”) | Management | Yes | Split | Split | ||||||||
| GOLUB CAPITAL BDC, INC. | GBDC | 38173M102 | 04-Sep-2019 | Contingent upon approval of each of the Certificate of Incorporation Amendment Proposal and the Merger Stock Issuance Proposal, to approve the amendment of the investment advisory agreement between GBDC and GC Advisors (as amended, the “New Investment Advisory Agreement”) on the terms described in the accompanying proxy statement (such proposal is referred to as the “Advisory Agreement Amendment Proposal”). | Management | Yes | Split | Split | ||||||||
| GOLUB CAPITAL BDC, INC. | GBDC | 38173M102 | 04-Sep-2019 | To approve an amendment to the GBDC certificate of incorporation to increase the number of authorized shares of capital stock from 101,000,000 shares to 201,000,000 shares, consisting of 200,000,000 shares of GBDC common stock, par value $0.001 per share (“GBDC Common Stock”), and 1,000,000 shares of preferred stock, par value $0.001 per share (the “Certificate of Incorporation Amendment Proposal”). | Management | Yes | Split | Split | ||||||||
| GOLAR LNG PARTNERS LP | GMLP | Y2745C102 | 27-Sep-2019 | To elect Alf Thorkildsen as a Class I Director of the Partnership whose term will expire at the 2022 Annual Meeting of Limited Partners. | Management | Yes | For | For | ||||||||
| JOHN HANCOCK PREMIUM DIVIDEND FUND | PDT | 41013T105 | 03-Feb-2020 | Election of Director: James R. Boyle | Management | Yes | Split | Split | ||||||||
| JOHN HANCOCK PREMIUM DIVIDEND FUND | PDT | 41013T105 | 03-Feb-2020 | Election of Director: William H. Cunningham | Management | Yes | Split | Split | ||||||||
| JOHN HANCOCK PREMIUM DIVIDEND FUND | PDT | 41013T105 | 03-Feb-2020 | Election of Director: Grace K. Fey | Management | Yes | Split | Split | ||||||||
| JOHN HANCOCK PREMIUM DIVIDEND FUND | PDT | 41013T105 | 03-Feb-2020 | Election of Director: Hassell H. McClellan | Management | Yes | Split | Split | ||||||||
| JOHN HANCOCK PREMIUM DIVIDEND FUND | PDT | 41013T105 | 03-Feb-2020 | Election of Director: Gregory A. Russo | Management | Yes | Split | Split | ||||||||
| GOLUB CAPITAL BDC, INC. | GBDC | 38173M102 | 04-Feb-2020 | To ratify the selection of Ernst & Young LLP to serve as the Company’s independent registered public accounting firm for the fiscal year ending September 30, 2020. | Management | Yes | Split | Split | ||||||||
| GOLUB CAPITAL BDC, INC. | GBDC | 38173M102 | 04-Feb-2020 | Election of Class I Director: David B. Golub | Management | Yes | Split | Split | ||||||||
| GOLUB CAPITAL BDC, INC. | GBDC | 38173M102 | 04-Feb-2020 | Election of Class I Director: Anita R. Rosenberg | Management | Yes | Split | Split | ||||||||
| DOUBLELINE INCOME SOLUTIONS FUND | DSL | 258622109 | 21-Feb-2020 | Election of Class I Director: John C. Salter | Management | Yes | Split | Split | ||||||||
| FIRST TRUST | FEN | 33738G104 | 22-Apr-2020 | Election of Director: ROBERT F. KEITH | Management | Yes | Split | Split | ||||||||
| BLACKSTONE FUNDS | BGX | 09257D102 | 23-Apr-2020 | Election of Trustee: Edward H. D’Alelio | Management | Yes | Split | Split | ||||||||
| QTS REALTY TRUST, INC. | QTS | 74736A103 | 06-May-2020 | Election of Director: Chad L. Williams | Management | Yes | For | For | ||||||||
| QTS REALTY TRUST, INC. | QTS | 74736A103 | 06-May-2020 | Election of Director: John W. Barter | Management | Yes | For | For | ||||||||
| QTS REALTY TRUST, INC. | QTS | 74736A103 | 06-May-2020 | Election of Director: William O. Grabe | Management | Yes | For | For | ||||||||
| QTS REALTY TRUST, INC. | QTS | 74736A103 | 06-May-2020 | Election of Director: Catherine R. Kinney | Management | Yes | For | For | ||||||||
| QTS REALTY TRUST, INC. | QTS | 74736A103 | 06-May-2020 | Election of Director: Peter A. Marino | Management | Yes | For | For | ||||||||
| QTS REALTY TRUST, INC. | QTS | 74736A103 | 06-May-2020 | Election of Director: Scott D. Miller | Management | Yes | For | For | ||||||||
| QTS REALTY TRUST, INC. | QTS | 74736A103 | 06-May-2020 | Election of Director: Mazen Rawashdeh | Management | Yes | For | For | ||||||||
| QTS REALTY TRUST, INC. | QTS | 74736A103 | 06-May-2020 | Election of Director: Wayne M. Rehberger | Management | Yes | For | For | ||||||||
| QTS REALTY TRUST, INC. | QTS | 74736A103 | 06-May-2020 | Election of Director: Philip P. Trahanas | Management | Yes | For | For | ||||||||
| QTS REALTY TRUST, INC. | QTS | 74736A103 | 06-May-2020 | Election of Director: Stephen E. Westhead | Management | Yes | For | For | ||||||||
| QTS REALTY TRUST, INC. | QTS | 74736A103 | 06-May-2020 | To ratify the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2020. | Management | Yes | For | For | ||||||||
| QTS REALTY TRUST, INC. | QTS | 74736A103 | 06-May-2020 | To approve, on a non-binding advisory basis, the compensation paid to the Company’s named executive officers. | Management | Yes | Against | Against | ||||||||
| APOLLO SENIOR FLOATING RATE, INC. | AIF | 037638103 | 21-May-2020 | Election of Director: Robert L. Borden | Management | Yes | Split | Split | ||||||||
| APOLLO SENIOR FLOATING RATE, INC. | AIF | 037638103 | 21-May-2020 | Election of Director: Carl J. Rickertsen | Management | Yes | Split | Split | ||||||||
| OWL ROCK CAPITAL CORPORATION | ORCC | 69121K104 | 08-Jun-2020 | To ratify the appointment of KPMG LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2020. | Management | Yes | Split | Split | ||||||||
| OWL ROCK CAPITAL CORPORATION | ORCC | 69121K104 | 08-Jun-2020 | To approve a proposal to allow the Company to increase its leverage by approving the application to the Company of a minimum asset coverage ratio of 150%, pursuant to Section 61(a)(2) of the Investment Company Act of 1940, as amended, to become effective the date after the Annual Meeting, which would permit the Company to double the maximum amount of leverage that it is currently permitted to incur. | Management | Yes | Split | Split | ||||||||
| OWL ROCK CAPITAL CORPORATION | ORCC | 69121K104 | 08-Jun-2020 | To consider and transact such other business as may properly come before the Annual Meeting, and any adjournments or postponements thereof. | Management | Yes | Split | Split | ||||||||
| OWL ROCK CAPITAL CORPORATION | ORCC | 69121K104 | 08-Jun-2020 | Election of Director: Brian Finn | Management | Yes | Split | Split | ||||||||
| OWL ROCK CAPITAL CORPORATION | ORCC | 69121K104 | 08-Jun-2020 | Election of Director: Eric Kaye | Management | Yes | Split | Split | ||||||||
| BROOKFIELD REAL ASSETS INCOME FUND | RA | 112830104 | 18-Jun-2020 | Election of Class I Director: Louis P. Salvatore (Independent Director) | Management | Yes | Split | Split | ||||||||
| BROOKFIELD REAL ASSETS INCOME FUND | RA | 112830104 | 18-Jun-2020 | Election of Class I Director: David Levi (Interested Director) | Management | Yes | Split | Split | ||||||||
| ARES CAPITAL CORPORATION | ARCC | 04010L103 | 22-Jun-2020 | To ratify the selection of KPMG LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2020. | Management | Yes | Split | Split | ||||||||
| ARES CAPITAL CORPORATION | ARCC | 04010L103 | 22-Jun-2020 | Election of Director: Michael J Arougheti | Management | Yes | Split | Split | ||||||||
| ARES CAPITAL CORPORATION | ARCC | 04010L103 | 22-Jun-2020 | Election of Director: Ann Torre Bates | Management | Yes | Split | Split | ||||||||
| ARES CAPITAL CORPORATION | ARCC | 04010L103 | 22-Jun-2020 | Election of Director: Steven B McKeever | Management | Yes | Split | Split | ||||||||
| STEADFAST INCOME REIT, INC. | 857STDFI9 | 7-Nov-2019 | Election of Director: Rodney F. Emery | Management | Yes | Withhold | Against | |||||||||
| STEADFAST INCOME REIT, INC. | 857STDFI9 | 7-Nov-2019 | Election of Director: Ella S. Neyland | Management | Yes | Withhold | Against | |||||||||
| STEADFAST INCOME REIT, INC. | 857STDFI9 | 7-Nov-2019 | Election of Director: Scot B. Baker | Management | Yes | Withhold | Against | |||||||||
| STEADFAST INCOME REIT, INC. | 857STDFI9 | 7-Nov-2019 | Election of Director: Ned W. Brines | Management | Yes | Withhold | Against | |||||||||
| STEADFAST INCOME REIT, INC. | 857STDFI9 | 7-Nov-2019 | Election of Director: Don B. Saulic | Management | Yes | Withhold | Against | |||||||||
| STEADFAST INCOME REIT, INC. | 857STDFI9 | 7-Nov-2019 | To ratify the selection of Ernst & Young LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2019. | Management | Yes | For | For | |||||||||
| Healthcare Trust, Inc | A039324 | 15-Apr-2020 | Election of Director: Leslie D. Michelson | Management | Yes | Against | Against | |||||||||
| Healthcare Trust, Inc | A039324 | 15-Apr-2020 | Election of Director: Edward M. Weil, Jr | Management | Yes | Against | Against | |||||||||
| Healthcare Trust, Inc | A039324 | 15-Apr-2020 | To ratify the appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2020. | Management | Yes | For | For | |||||||||
| Healthcare Trust, Inc | A039324 | 15-Apr-2020 | Non-binding advisory resolution regarding the executive compensation for the Company’s named executive officers as described in the proxy statement | Management | Yes | Against | Against | |||||||||
| Healthcare Trust, Inc | A039324 | 15-Apr-2020 | Recommendation, on a non-binding advisory basis, of the frequency of future non-binding advisory votes on executive compensaion | Management | Yes | 1 Year | Against | |||||||||
| Treehouse Real Estate Investment Trust, Inc. | 0001764748 | 22-May-2020 | Election of Director: Raymond J. Lewis | Management | Yes | For | For | |||||||||
| Treehouse Real Estate Investment Trust, Inc. | 0001764748 | 22-May-2020 | Election of Director: Brian Kabot | Management | Yes | For | For | |||||||||
| Treehouse Real Estate Investment Trust, Inc. | 0001764748 | 22-May-2020 | Election of Director: Charles R. Holzer | Management | Yes | For | For | |||||||||
| Treehouse Real Estate Investment Trust, Inc. | 0001764748 | 22-May-2020 | Election of Director: Ann Kono | Management | Yes | For | For | |||||||||
| Treehouse Real Estate Investment Trust, Inc. | 0001764748 | 22-May-2020 | Election of Director: Kenneth T. Lombard | Management | Yes | For | For | |||||||||
| Treehouse Real Estate Investment Trust, Inc. | 0001764748 | 22-May-2020 | Election of Director: Scott E. Peterson | Management | Yes | For | For | |||||||||
| Treehouse Real Estate Investment Trust, Inc. | 0001764748 | 22-May-2020 | Election of Director: Jonathan Trauben | Management | Yes | For | For | |||||||||
| Treehouse Real Estate Investment Trust, Inc. | 0001764748 | 22-May-2020 | Election of Director: L. Spencer Wells | Management | Yes | For | For | |||||||||
| Treehouse Real Estate Investment Trust, Inc. | 0001764748 | 22-May-2020 | Approval of the 2019 Incentive Compensation Plan | Management | Yes | For | For | |||||||||
| Treehouse Real Estate Investment Trust, Inc. | 0001764748 | 22-May-2020 | Approval of the amendment to the Company Chart to add the Exclusive Form Provisions | Management | Yes | For | For | |||||||||
| Treehouse Real Estate Investment Trust, Inc. | 0001764748 | 22-May-2020 | Approval of the Extensions of the Effectiveness Deadline under the Registration Rights Agreements to December 31 2020 | Management | Yes | For | For | |||||||||
| Treehouse Real Estate Investment Trust, Inc. | 0001764748 | 22-May-2020 | Ratification of the appointment of Davidson & Company LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2020 | Management | Yes | For | For |
SIGNATURES
Pursuant to the requirements of the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| Registrant | Destra Multi-Alternative Fund |
| By (Signature and Title)* | /s/ Robert Watson | |
| Robert Watson, President | ||
| (principal executive officer) |
| Date | August 21, 2020 |
*Print the name and title of each signing officer under his or her signature.
