Destra Flaherty & Crumrine Preferred and Income Fund Class C (DPICX)
| Fund Assets | 221.96M |
| Expense Ratio | 2.20% |
| Min. Investment | $2,500 |
| Turnover | 16.00% |
| Dividend (ttm) | 0.76 |
| Dividend Yield | 4.39% |
| Dividend Growth | 12.33% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Mar 30, 2026 |
| Previous Close | 17.30 |
| YTD Return | 0.18% |
| 1-Year Return | 7.38% |
| 5-Year Return | 8.34% |
| 52-Week Low | 16.66 |
| 52-Week High | 17.51 |
| Beta (5Y) | 0.33 |
| Holdings | 218 |
| 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 7.38% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.81%.
Top 10 Holdings
19.00% of assets| Name | Symbol | Weight |
|---|---|---|
| Liberty Mutual Group, Inc. 7.8% | LIBMUT.7.8 03.15.37 144A | 3.47% |
| Banco Santander SA FXDFR PFS PERPETUAL USD 200000 | SANTAN.V4.75 PERP 0000 | 2.71% |
| Provident Financing Trust I 7.405% | UNM.7.405 03.15.38 | 2.14% |
| M&T Bank Corp FXDFR PRF PERPETUAL USD 25 - Ser H | MTB.V5.625 PERP H | 1.68% |
| Flagstar Bank NA FXDFR PRF PERPETUAL USD 25 - Ser 1/10th Int | FLG.V6.375 PERP A. | 1.64% |
| Athene Holding Ltd. | ATH.PRA | 1.59% |
| Fidelity Colchester Street Trust - Treasury Portfolio | FISXX | 1.52% |
| Synovus Financial Corp Pfd | SNVpE | 1.45% |
| Delphi Financial Group, Inc. 0% | TOMARI.V0 05.15.37 | 1.42% |
| HSBC Holdings PLC 8% | HSBC.V8 PERP | 1.39% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 30, 2026 | $0.1093 | Mar 31, 2026 |
| Feb 26, 2026 | $0.0137 | Feb 27, 2026 |
| Jan 29, 2026 | $0.0573 | Jan 30, 2026 |
| Dec 29, 2025 | $0.1083 | Dec 30, 2025 |
| Nov 26, 2025 | $0.0453 | Nov 28, 2025 |
| Oct 30, 2025 | $0.0333 | Oct 31, 2025 |