Destra Preferred and Income Securities Fund

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Performance

The fund has returned 13.19 percent over the past year.

Trailing Returns Updated 04.30.2013
Year to date 4.0%
1 Year 13.2%
3 Years (Annualized) N/A
5 Years (Annualized) N/A
10 Years (Annualized) N/A

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Summary

The investment seeks total return, with an emphasis on high current income. The fund invests at least 80% of the fund's net assets (plus the amount of any borrowings for investment purposes) in a portfolio of preferred and income-producing securities, including traditional preferred stock, trust preferred securities, hybrid securities that have characteristics of both equity and debt securities, convertible securities, contingent-capital securities, subordinated debt, senior debt and securities of other open-end, closed-end or exchange-traded funds that invest primarily in the same types of securities. It is non-diversified.

Fees

Fees are High compared to funds in the same category.
Destra Preferred and Income Securities Fund has an expense ratio of 1.50 percent.

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Risk

Risk is N/A compared to funds in the same category according to Morningstar.

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