Destra Flaherty & Crumrine Preferred and Income Fund Class A (DPIAX)
| Fund Assets | 203.07M |
| Expense Ratio | 1.45% |
| Min. Investment | $2,500 |
| Turnover | 16.00% |
| Dividend (ttm) | 0.93 |
| Dividend Yield | 5.18% |
| Dividend Growth | 14.27% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 29, 2026 |
| Previous Close | 17.08 |
| YTD Return | 1.60% |
| 1-Year Return | 5.85% |
| 5-Year Return | 11.16% |
| 52-Week Low | 16.83 |
| 52-Week High | 17.41 |
| Beta (5Y) | 0.50 |
| Holdings | 219 |
| 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.
Performance
DPIAX had a total return of 5.85% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.33%.
Top 10 Holdings
19.00% of assets| Name | Symbol | Weight |
|---|---|---|
| Liberty Mutual Group, Inc. - LIBMUT 7.8 03/15/37 | LIBMUT.7.8 03.15.37 144A | 3.48% |
| Banco Santander SA - SANTAN 4 3/4 PERP | n/a | 2.50% |
| Provident Financing Trust I - UNM 7.405 03/15/38 | UNM.7.405 03.15.38 | 2.17% |
| M&T Bank Corporation - MTB 5 5/8 PERP | MTB.V5.625 PERP H | 1.73% |
| Fidelity Colchester Street Trust - Treasury Portfolio | FCSXX | 1.68% |
| Flagstar Bank National Association - NYCB 6 3/8 PERP | FLG.V6.375 PERP A. | 1.57% |
| Athene Holding Ltd. | ATH.PRA | 1.57% |
| Pinnacle Financial Partners Inc. - PNFP 8.397 PERP | PNFP.V8.397 PERP B | 1.47% |
| Delphi Financial Group, Inc. - TOMARI 8.5697 | TOMARI.V0 05.15.37 | 1.44% |
| HSBC Holdings PLC - HSBC 8 PERP | HSBC.V8 PERP | 1.40% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 29, 2026 | $0.1201 | Jun 30, 2026 |
| May 28, 2026 | $0.0297 | May 29, 2026 |
| Apr 29, 2026 | $0.0899 | Apr 30, 2026 |
| Mar 30, 2026 | $0.120 | Mar 31, 2026 |
| Feb 26, 2026 | $0.0238 | Feb 27, 2026 |
| Jan 29, 2026 | $0.0671 | Jan 30, 2026 |