Destra Preferred and Income Securities Fund

U.S. News evaluated 7 Preferred Stock Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.

See all Destra funds

See full Preferred Stock rankings

See more fund rankings

Performance

The fund has returned 3.40 percent over the past year.

Trailing Returns Updated 03.31.2014
Year to date 6.5%
1 Year 3.4%
3 Years (Annualized) N/A
5 Years (Annualized) N/A
10 Years (Annualized) N/A

See more DPIIX performance

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 Low compared to funds in the same category.
Destra Preferred and Income Securities Fund has an expense ratio of 1.22 percent.

See more DPIIX fees

Risk

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

See more DPIIX risk