Destra Flaherty & Crumrine Preferred and Income Fund Included on the Schwab Mutual Fund OneSource Select List® for Q3 2017
August 1, 2017
Destra Capital Investments is pleased to announce the Destra Flaherty & Crumrine Preferred and Income Fund (DPIAX) has been selected by Charles Schwab Investment Advisory, Inc. (CSIA) to be on the Q3 2017 Schwab Mutual Fund OneSource Select List® for the Preferred Stock category.
Charles Schwab Investment Advisory, Inc. (CSIA) analyzes funds within each Morningstar category based on various quantitative and qualitative factors including risk, performance, expenses, active share, and assets under management, to select the most favorably evaluated funds for the list. The Mutual Fund OneSource Select List®, with approximately 170 mutual funds with no loads or transaction fees in over 70 categories, helps individual investors, financial advisors and consultants make confident investment decisions.
“We appreciate this recognition and we believe it validates Flaherty & Crumrine’s expertise as one of the oldest and most experienced firms managing preferred securities. We are honored our fund was selected for the Schwab OneSource Select List, given how important this tool is for investors.” said James Yount, President of Destra Capital Investments.
The Destra Flaherty & Crumrine Preferred & Income fund seeks seek total return, with an emphasis on high current income. They have a dedicated credit research team that performs a comprehensive analysis of the risks faced by preferred securities holders. Flaherty & Crumrine use their 30 year proprietary database which allows them to mine valuable income opportunities in the preferred market to deliver results for their clients.
About Destra Capital Investments, LLC
Destra was founded with the premise to seek premier, institutional asset managers who have unique, specialized investment strategies with proven results, and make them available to the retail space in an investment vehicle that best suits their strategy. We recognize that downside protection is key to success for investors and why the pursuit of Responsible Alpha® is the guiding principle to all the investment products Destra Capital offers. Our current investment platform represents a select list of specialty-based asset managers available in mutual fund, closed-end fund, exchange traded fund, and/or separately managed account. Destra provides secondary market service support to over $10.1 billion assets from our affiliated and non-affiliated partners.
For additional information on Destra’s mutual funds and investment platform, please visit www.destracapital.com or call Destra Capital at 877.855.3434.
About Flaherty & Crumrine Incorporated
Founded in 1983, Flaherty & Crumrine is an independent, employee-controlled investment adviser and is one of the oldest and most experienced firms specializing in the management of preferred securities. Flaherty & Crumrine manages assets for clients including insurance companies, other institutions, and open-end and closed-end funds – with its first closed-end fund launched over 25 years ago.
Schwab Mutual Fund OneSource Select List® is a registered mark of Charles Schwab & Co., Inc. and used with permission. Any information provided by Destra Capital should not be considered either a recommendation by Schwab or a solicitation of any offer to purchase or sell any securities, and Schwab makes no representations regarding Destra Capital’s content.
Data presented reflects past performance, which is no guarantee of future results. Investment results and principal value will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. Due to market volatility, current performance may be higher or lower than the performance shown.
Risk is inherent in all investing. The value of your investment in the Fund, as well as the amount of return you receive on your investment, may fluctuate significantly from day to day and over time. You may lose part or all of your investment in the Fund or your investment may not perform as well as other similar investments. The risks of the Fund will result from both the Fund’s direct investments and its indirect investments made through the Subsidiary. Accordingly, the risks that result from the Subsidiary’s activities will be described herein as the Fund’s risks.
Destra Capital Investments LLC, a registered broker/dealer, is a wholly owned subsidiary of Destra Capital Management and an affiliate of Destra Capital Advisors LLC, a registered investment adviser.
Charles Schwab & Co., Inc., member SIPC, receives remuneration from fund companies participating in Schwab's Mutual Fund OneSource® service for record keeping, shareholder services and other administrative services. Schwab also may receive remuneration from transaction fee fund companies for certain administrative services.
Charles Schwab Investment Advisory, Inc. (CSIA) is an affiliate of Charles Schwab & Co., Inc.
NOT FDIC INSURED • NOT BANK GUARANTEED • MAY LOSE VALUE
Member FINRA/SIPC
Contact:
Destra Capital Investments
877.855.3434