Destra Multi-Alternative Fund — Major Shareholding Notification 2023

Nov 17, 2023

SC 13G 1 fp0085951-1_sc13g.htm

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549

SCHEDULE 13G

Under the Securities Exchange Act of 1934

Destra Multi-Alternative Fund

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(Name of Issuer)

Common Stock

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(Title of Class of Securities)

25065A502

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(CUSIP Number(s))

11/17/2023

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(Date of Event which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

X Rule 13d-1(b)

[ ] Rule 13d-1(c)

[ ] Rule 13d-1(d)

• The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

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CUSIP No. 25065A502 13G Page 2 of 5 Pages

| 1. | NAMES
OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Thomas J. Herzfeld Advisors, Inc. 59-2414380 |
| --- | --- |
| 2. | CHECK
THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions) (a) [ ] (b) [ ] |
| 3. | SEC USE
ONLY |
| 4. | CITIZENSHIP
OR PLACE OF ORGANIZATION A Florida Corporation |

| NUMBER
OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | SOLE
VOTING POWER 899,421 |
| --- | --- |
| 6. | SHARED
VOTING POWER |
| 7. | SOLE
DISPOSITIVE POWER 899,421 |
| 8. | SHARED
DISPOSITIVE POWER |

| 9. | AGGREGATE
AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 899,421 |
| --- | --- |
| 10. | CHECK
IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (see instructions) [ ] |
| 11. | PERCENT
OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 10.03% |
| 12. | TYPE
OF REPORTING PERSON (see instructions) IA |

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CUSIP No. 25065A502 13G Page 3 of 5 Pages

Item 1.

(a)	Name of Issuer Destra Multi-Alternative Fund
(b)	Address of Issuer’s Principal Executive
Offices 443 North Wilson Avenue, Bozeman, Montana 59715

Item 2.

(a)	Name of Person Filing Thomas J. Herzfeld Advisors, Inc.
(b)	Address of the Principal Office or, if none,
residence 119 Washington Avenue, Suite 504 Miami Beach, FL 33139
(c)	Citizenship A Florida Corporation
(d)	Title of Class of Securities Common Stock
(e)	CUSIP Number 25065A502

Item 3. If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:

| (a) | [ ] | Broker or dealer registered
under section 15 of the Act (15 U.S.C. 78o). |
| --- | --- | --- |
| (b) | [ ] | Bank as defined in section 3(a)(6) of the Act
(15 U.S.C. 78c). |
| (c) | [ ] | Insurance company as defined in section 3(a)(19)
of the Act (15 U.S.C. 78c). |
| (d) | [ ] | Investment company registered under section
8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8). |
| (e) | X | An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E); |
| (f) | [ ] | An employee benefit plan or endowment fund in
accordance with §240.13d-1(b)(1)(ii)(F); |
| (g) | [ ] | A parent holding company or control person in
accordance with §240.13d-1(b)(1)(ii)(G); |
| (h) | [ ] | A savings associations as defined in Section
3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); |
| (i) | [ ] | A church plan that is excluded from the definition
of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3); |
| (j) | [ ] | Group, in accordance with §240.13d-1(b)(1)(ii)(J). |

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CUSIP No. 25065A502 13G Page 4 of 5 Pages

Item 4. Ownership.

Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.

| (a) | Amount beneficially
owned: 899,421 | |
| --- | --- | --- |
| (b) | Percent
of class: 10.03% | |
| (c) | Number of
shares as to which the person has: | |
| | (i) | Sole power to vote or
to direct the vote 899,421. |
| | (ii) | Shared power to vote
or to direct the vote 0. |
| | (iii) | Sole power to dispose
or to direct the disposition of 899,421. |
| | (iv) | Shared power to dispose
or to direct the disposition of 0. |

Instruction . For computations regarding securities which represent a right to acquire an underlying security see §240.13d-3(d)(1).

Item 5. Ownership of Five Percent or Less of a Class.

If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following [ ] .

Instruction . Dissolution of a group requires a response to this item.

Item 6. Ownership of More than Five Percent on Behalf of Another Person.

Not applicable.

Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person.

Not applicable.

Item 8. Identification and Classification of Members of the Group.

Not applicable.

Item 9. Notice of Dissolution of Group.

Not applicable.

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CUSIP No. 25065A502 13G Page 5 of 5 Pages

Item 10. Certification.

| The following
certification shall be included if the statement is filed pursuant to §240.13d-1(b): |
| --- |
| By signing below I certify
that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary
course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing
the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant
in any transaction having that purpose or effect. |

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

11/17/2023
Date
/s/
Erik M. Herzfeld Signature
Erik
M. Herzfeld, President Name/Title