Destra Flaherty & Crumrine Preferred and Income Fund Class I (DPIIX)

Overview

The company primarily focuses on investment strategies targeting securities of issuers with small market capitalization. It commits at least 80% of its net assets—plus any borrowed funds meant for investment purposes—towards acquiring these financial instruments. The firm's investment decisions emphasize flexibility, aiming to capitalize on the growth potential of small-cap entities through a diversified portfolio approach.

Products and Services

• Equity and Equity-Related Securities:

  These form the backbone of the fund's investment strategy, encompassing a broad range of instruments such as common and preferred stocks. This variety allows for flexible investment strategies tailored to the performance and potential of small-cap companies.

• American Depositary Receipts (ADRs):

  U.S. dollar-denominated ADRs provide a gateway to invest in foreign companies with small market capitalizations, thus offering exposure to global opportunities while managing the risks associated with currency fluctuations.

• Warrants and Convertible Securities:

  The fund leverages warrants to acquire common stock and securities convertible into common stock to potentially enhance investment returns. These instruments offer the possibility of capitalizing on stock performance with a predefined investment outlay.

• Shares of Other Investment Companies:

  Investing in ETFs and REITs allows the fund to diversify its holdings beyond direct stock investments. This strategy provides access to a broader range of securities, including real estate, through professionally managed funds.