you are leaving Destracapital.com

It is important to note that by clicking on this link you will be leaving this website and any information viewed there is not the property of Destra Capital Investments LLC.

Closed-End Funds

The Destra product platform brings together specialty-based asset managers with investment vehicles designed to take full advantage of each manager’s process.

Our Partners

Angel Oak Capital

Angel Oak Capital Advisors is an alternative credit manager focusing on value-driven fixed income investing. Angel Oak is focused on uncovering and capitalizing on dislocations across the credit markets driven by both economic and regulatory events.

Ares Management

Ares is a publicly traded, leading global alternative asset manager that operates four distinct but complementary investment groups which invest in the tradable credit, direct lending, private equity and real estate markets and have the ability to invest in all levels of a company’s capital structure.

Flaherty & Crumrine Incorporated

Flaherty & Crumrine is the veteran, dedicated preferred securities manager. Independent, employee controlled adviser, founded in 1983, making them one of the oldest and most experienced firm specializing in the management of preferred securities.

Tekla Capital Management

Tekla Capital Management is a leader in bioscience and healthcare related investing.

Destra Serviced Closed-End Funds

Ticker Name Fact Card Asset Manager
ARDC Ares Dynamic Credit Allocation Fund download Ares Capital Management
DFP Flaherty & Crumrine Dynamic Preferred and Income Fund download Flaherty & Crumrine, Incorporated
FFC Flaherty & Crumrine Preferred and Income Securities Fund download Flaherty & Crumrine, Incorporated
FLC Flaherty & Crumrine Total Return Fund download Flaherty & Crumrine, Incorporated
FINS Angel Oak Financial Strategies Income Term Trust download Angel Oak Capital Advisors
HQH Tekla Healthcare Investors Fund download Tekla Capital Management
HQL Tekla Life Sciences Investors Fund download Tekla Capital Management
THQ Tekla Healthcare Opportunities Fund download Tekla Capital Management
THW Tekla World Healthcare Fund download Tekla Capital Management

Destra Capital Advisors LLC, a registered investment advisor, is providing secondary market servicing for the Closed-End Funds. These managers are not affiliated with Destra Capital Advisors.

Why Closed-End Funds?

There are approximately 500 U.S. listed closed-end funds that trade on the stock exchange, just like ETFs. While CEFs have traditionally been associated with income, they have the potential to play multiple roles in portfolios.

Key Closed-End Fund Attributes

1

Long-Term

Closed-End Funds are just that — closed. This stable asset base, without constant inflows and outflows, generally allows the portfolio managers to take a long-term view on the potential merits of each investment.

2

Opportunity

The Closed-End Fund structure is advantageous for investing in unique and specialized areas of the market, including;

  • Venture Capital
  • PIPEs
  • Private Placements
  • CLOs

3

Leverage

Closed-end funds have the ability to efficiently deploy leverage to potentially enhance income levels and boost performance for shareholders.

Enhance Portfolios by Adding Closed-End Funds

Closed-End Funds are offered with a wide array of investment styles and focus. No matter what segment of the market you are looking to gain exposure to, there may be a CEF for your portfolio to complement ETFs, Mutual Funds and other investments.

Additional Closed-End Fund Literature