MetaCap

Eaton Vance California Municipal Income (CEV) vs Destra Multi-Alternative Fund (DMA)

Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.

Summary

Eaton Vance California Municipal Income is the larger company by market cap ($70.8 million vs $67.0 million), about 1.1 times the size. Eaton Vance California Municipal Income pays a dividend yielding 5.96%, while Destra Multi-Alternative Fund does not currently pay one.

Summary generated from market data by MetaCap's automated system. Methodology

Relative performance

CEV-0.89%DMA+0.27%
+0%-0%-1%
Oct 7, 20261 yearOct 8, 2026

Percent change in share price from the first common trading day shown; excludes dividends.

Head-to-head

CEV versus DMA key metrics
MetricCEVDMA
Share price$10.07$7.48
Market cap$70.83M$67.05M
1-day change-0.89%+0.27%
YTD return+0.30%—
1-year return-0.30%—
5-year return-25.96%—
P/E ratio (TTM)9.59—
EPS (TTM)$1.05$-0.17
Dividend yield5.96%18.05%
Annual dividend$0.60$0.00
52-week high$10.84$9.15
52-week low$9.77$6.94
Distance from 52-week high-7.10%-18.25%
Analyst consensusnone—
Average volume29.29K18.23K
Shares outstanding7.03M8.96M
SectorFinancial ServicesFinancial Services
IndustryAsset ManagementAsset Management

Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.

Key differences

  • Destra Multi-Alternative Fund offers a meaningfully higher dividend yield (18.05% vs 5.96%).

About Eaton Vance California Municipal Income

CEV stock →

Eaton Vance California Municipal Income Trust is a close ended fixed income mutual fund launched and managed by Eaton Vance Management. It invests in the fixed income markets.

Financial Services · Asset Management

About Destra Multi-Alternative Fund

DMA stock →

Multi-Strategy Growth & Income Fund is a closed ended balanced mutual fund launched and managed by Pinhook Capital, LLC. It invests in public equity and fixed income markets of the United States.

Financial Services · Asset Management

CEV vs DMA FAQ

Which is bigger, Eaton Vance California Municipal Income or Destra Multi-Alternative Fund?

Eaton Vance California Municipal Income (CEV) is larger, with a market capitalization of $70.83M compared with $67.05M for Destra Multi-Alternative Fund (DMA).

Which pays a higher dividend, Eaton Vance California Municipal Income or Destra Multi-Alternative Fund?

Destra Multi-Alternative Fund has the higher yield at 18.05%, compared with 5.96% for Eaton Vance California Municipal Income.

Are Eaton Vance California Municipal Income and Destra Multi-Alternative Fund in the same industry?

Yes. Both are classified in the Asset Management industry within the Financial Services sector.

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