Destra Flaherty & Crumrine Preferred and Income Fund Class A (DPIAX)
| Fund Assets | 229.49M |
| Expense Ratio | 1.45% |
| Min. Investment | $2,500 |
| Turnover | 16.00% |
| Dividend (ttm) | 0.89 |
| Dividend Yield | 4.90% |
| Dividend Growth | 16.95% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 29, 2026 |
| Previous Close | 18.14 |
| YTD Return | 1.04% |
| 1-Year Return | 8.08% |
| 5-Year Return | 15.60% |
| 52-Week Low | 16.37 |
| 52-Week High | 18.16 |
| Beta (5Y) | n/a |
| Holdings | 212 |
| Inception Date | Apr 12, 2011 |
About DPIAX
Destra Flaherty & Crumrine Preferred and Income Fund Class A is an actively managed mutual fund that seeks to deliver total return with a primary focus on generating high current income. The fund invests at least 80% of its net assets in a diversified portfolio of preferred and other income-producing securities, such as traditional preferred stock, trust preferred securities, hybrid securities, convertible securities, and both subordinated and senior debt instruments. While its allocation is primarily U.S.-based, it may invest up to 40% in securities from non-U.S. issuers, enhancing its diversification. The fund tends to concentrate its holdings in companies linked to the financial services sector, reflecting the prevalence of preferred securities within that industry. Managed by Flaherty & Crumrine, a firm with deep expertise in the preferred securities market, the fund emphasizes robust security selection and disciplined risk management. With a consistent monthly income distribution and the potential for yield-driven tax advantages, it plays a key role for investors seeking steady income streams and diversification beyond conventional fixed income or equity portfolios.
Top 10 Holdings
21.84% of assets| Name | Symbol | Weight |
|---|---|---|
| Fidelity Colchester Street Trust - Treasury Portfolio | FISXX | 3.94% |
| Liberty Mutual Group, Inc. - LIBMUT 7.8 03/15/37 | LIBMUT.7.8 03.15.37 144A | 3.56% |
| Banco Santander, S.A. - SANTAN 4 3/4 PERP | SANTAN.V4.75 PERP 0000 | 3.01% |
| Provident Financing Trust I - UNM 7.405 03/15/38 | UNM.7.405 03.15.38 | 2.21% |
| Athene Holding Ltd. | ATH.PRA | 1.69% |
| Flagstar Financial, Inc. - NYCB 6 3/8 PERP | FLG.V6.375 PERP A. | 1.64% |
| Synovus Financial Corp. - SNV 8.397 PERP | SNV.V8.397 PERP E | 1.52% |
| Delphi Financial Group, Inc. - TOMARI 8.5697 | TOMARI.V0 05.15.37 | 1.44% |
| HSBC Holdings PLC - HSBC 8 PERP | HSBC.V8 PERP | 1.43% |
| Land O'Lakes Inc. - LLAKES 8 PERP | LLAKES.8 PERP 144A | 1.39% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 29, 2026 | $0.0671 | Jan 30, 2026 |
| Dec 29, 2025 | $0.1217 | Dec 30, 2025 |
| Nov 26, 2025 | $0.0551 | Nov 28, 2025 |
| Oct 30, 2025 | $0.0434 | Oct 31, 2025 |
| Sep 29, 2025 | $0.142 | Sep 30, 2025 |
| Aug 28, 2025 | $0.0468 | Aug 29, 2025 |