Destra Flaherty & Crumrine Preferred and Income Fund Class C (DPICX)
| Fund Assets | 203.07M |
| Expense Ratio | 2.20% |
| Min. Investment | $2,500 |
| Turnover | 16.00% |
| Dividend (ttm) | 0.80 |
| Dividend Yield | 4.63% |
| Dividend Growth | 17.31% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 29, 2026 |
| Previous Close | 17.19 |
| YTD Return | 1.22% |
| 1-Year Return | 5.08% |
| 5-Year Return | 7.47% |
| 52-Week Low | 16.94 |
| 52-Week High | 17.51 |
| Beta (5Y) | 0.32 |
| Holdings | 219 |
| Inception Date | Nov 1, 2011 |
About DPICX
Destra Flaherty & Crumrine Preferred and Income Fund Class C is an open-ended mutual fund that primarily targets the U.S. preferred and income-producing securities market. Designed to seek total return with a strong focus on high current income, the fund typically invests at least 80% of its net assets in a curated mix of preferred securities—including traditional and trust preferred shares, hybrid and convertible securities, contingent-capital instruments, as well as subordinated and senior debt. A hallmark of this fund is its active management by Flaherty & Crumrine, one of the longest-standing preferred securities managers in the industry, leveraging proprietary research and extensive experience to identify value opportunities in a nuanced, sometimes inefficient market. The fund's portfolio may also hold up to 15% in common stocks and tends to maintain significant exposure to the financial services sector. Investments span both investment grade and certain below-investment-grade securities, adapting to market conditions while aiming to balance risk and yield. This fund plays a specialized role in providing diversified access to the preferred securities space for income-oriented investors within the broader fixed income and hybrid asset universe.
Performance
DPICX had a total return of 5.08% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.82%.
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 | $0.1094 | Jun 30, 2026 |
| May 28, 2026 | $0.0193 | May 29, 2026 |
| Apr 29, 2026 | $0.0786 | Apr 30, 2026 |
| Mar 30, 2026 | $0.1093 | Mar 31, 2026 |
| Feb 26, 2026 | $0.0137 | Feb 27, 2026 |
| Jan 29, 2026 | $0.0573 | Jan 30, 2026 |