Destra Flaherty & Crumrine Preferred and Income Fund Class A (DPIAX)

Fund Assets	196.23M
Expense Ratio	1.45%
Min. Investment	$2,500
Turnover	16.00%
Dividend (ttm)	0.88
Dividend Yield	5.32%
Dividend Growth	2.45%
Payout Frequency	Monthly
Ex-Dividend Date	Sep 29, 2026

Previous Close	16.51
YTD Return	-0.40%
1-Year Return	0.99%
5-Year Return	8.51%
52-Week Low	16.51
52-Week High	17.40
Beta (5Y)	0.50
Holdings	215
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.

• Fund Family: Destra
• Category: Preferred Stock
• Performance Rating: Average
• Risk Rating: Average
• Stock Exchange: Nasdaq
• Ticker Symbol: DPIAX
• Share Class: Class A
• Index: Index is not available on Lipper Database

Performance

DPIAX had a total return of 0.99% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.10%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
DPIIX	Class I	1.20%
DPICX	Class C	2.20%

Top 10 Holdings

19.49% of assets

Name	Symbol	Weight
LIBERTY MUTUAL GROUP INC - LIBMUT 7.8 03/15/37	LIBMUT.7.8 03.15.37 144A	3.80%
PROVIDENT FINANCING TRUST I - UNM 7.405 03/15/38	UNM.7.405 03.15.38	2.29%
M&T BANK CORP - MTB 5 5/8 PERP	MTB.V5.625 PERP H	1.91%
FLAGSTAR BANK NA - NYCB 6 3/8 PERP	FLG.V6.375 PERP A.	1.88%
Athene Holding Ltd.	ATH.PRA	1.75%
PINNACLE FINANCIAL PARTNERS INC - PNFP 8.397 PERP	PNFP.V8.397 PERP B	1.69%
DELPHI FINANCIAL GROUP INC - TOMARI 8.5697	TOMARI.V0 05.15.37	1.62%
LAND O'LAKES INC - LLAKES 8 PERP	LLAKES.8 PERP 144A	1.53%
HSBC HOLDINGS PLC - HSBC 8 PERP	HSBC.V8 PERP	1.53%
BNP PARIBAS SA - BNP 8 1/2 PERP	BNP.V8.5 PERP 144A	1.47%

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 29, 2026	$0.1216	Sep 30, 2026
Aug 28, 2026	$0.0291	Aug 31, 2026
Jul 30, 2026	$0.056	Jul 31, 2026
Jun 29, 2026	$0.1201	Jun 30, 2026
May 28, 2026	$0.0297	May 29, 2026
Apr 29, 2026	$0.0899	Apr 30, 2026

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Oct 16, 2026

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