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Destra Preferred and Income Securities Fund Declares Distribution

LISLE, Ill. – March 27, 2012 – Destra Capital Advisors LLC is pleased to announce its quarterly distribution for the Destra Preferred and Income Securities Fund.

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Past performance is not indicative of future performance. To the extent any portion of the distribution is estimated to be sourced from something other than income, such as return of capital, the source would be disclosed on a Section19(a)-1 letter located on the Fund's website under the "Literature tab. A distribution rate that is largely comprised of sources other than income may not be reflective of the Fund’s performance.

The Destra Preferred and Income Fund’s investment objective is to seek total return, with an emphasis on high current income. The Fund’s investment manager, Flaherty & Crumrine was founded in 1983, and is one of the oldest preferred securities managers in the industry. Through the years they have built a proprietary database on over 1500 separate issues of preferred securities. Flaherty & Crumrine then leverages their experience and database seeking to unlock hidden value, in what they believe is an inefficient preferred securities market. To seek to accomplish this goal the Fund will, in normal markets, invest at least 80% of it’s net assets in a portfolio of preferred and income producing securities. The securities in which the Fund may invest include traditional preferred stock, trust preferred securities, hybrid securities, convertible securities, contingent-capital securities, subordinated debt, and senior debt securities of other open-end, closed-end or exchange-traded funds that invest primarily in the same types of securities.  The Fund may invest up to 40% of its assets in securities of non-U.S. companies, and up to 15% of its assets in common stocks.

Destra Capital Investments LLC is an investment distributor that specializes in connecting financial advisors with original and differentiated strategies. Destra partners with premier institutional investment managers who are uniquely positioned to pursue superior performance while managing downside risk.  The company’s strategies are currently available through sub-advised mutual funds.  Destra is headquartered in Lisle, IL.  Destra Capital Advisors LLC, the investment adviser to the Fund, is an affiliate of Destra Capital Investments.

Some important risks of the fund are: Market risk: The market values of securities owned by the Fund may decline, at times sharply and unpredictably, and therefore, the value of Fund shares will fluctuate. Preferred and subordinated security risk: Preferred and other subordinated securities rank lower than bonds and other debt instruments in a company's capital structure and therefore will be subject to a greater credit risk than those debt instruments. Distributions on some types of these securities may also be skipped or deferred by issuers without causing a default. Credit risk: Credit risk is the risk that an issuer of a security will be unable or unwilling to make a dividend, interest or principal payment when due and the related risk that the value of a security may decline because of an issuer's ability to make such payments. Credit risk may be heightened for the Fund because the Fund may invest in "high yield" or "high risk" securities, which involve greater risk, including the possibility of default or bankruptcy and are regarded as predominantly speculative with respect to the issuer's capacity to pay dividends and interest and repay principal. Although the Fund intends to principally invest in investment grade securities at time of investment, there is no limit on the amount of below investment grade securities that the Fund may invest in. Therefore an investment in the Fund should be considered speculative. Interest Rate Risk: If interest rates rise, in particular, if long-term rates rise, the prices of fixed-rate securities held by the Fund will fall. Liquidity Risk: The fund is limited to investing up to 15% of its net assets in illiquid securities. These types of securities may have limited marketability and may be difficult to sell at favorable prices. Non-U.S. Investment Risk: Non-U.S. companies or U.S. companies with significant non-U.S. operations may be subject to risks in addition to those of companies that principally operate in the United States. This increased risk is a result of, among other things, regulatory, political, social and economic developments abroad, different legal, regulatory and tax environments, less liquidity and greater volatility, a lack of uniform accounting, auditing and financial reporting standards. Currency Risk: Changes in currency exchange rates may adversely affect the Fund's net asset value, the value of dividends and interest earned and gains and losses realized on the sale of securities. Non-Diversification Risk: The Fund is non-diversified, which means that it may invest in the securities of fewer issuers than a diversified fund. As a result, it may be more susceptible to a single adverse economic or regulatory occurrence affecting one or more of these issuers, may experience increased volatility and may be highly concentrated in certain securities. Securities Selection Risk: Securities selected by the Fund’s portfolio manager may not perform to expectations. This could result in the Fund's underperformance compared to other funds with similar investment objectives. Investment Risk: When you sell your shares of the Fund, they could be work more or less than what you paid for them. You may lose some or all of your investment in this Fund.

 Investors should consider the investment objective and policies, risk considerations, charges and ongoing expenses of an investment carefully before investing. The prospectus and summary prospectus contains this and other information relevant to an investment in the fund. Please read the prospectus or summary prospectus carefully before you invest or send money. To obtain a prospectus, please contact your investment representative or Destra Capital Investments LLC at 877-287-9646 or access our website at


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