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ISIN
US25064T4031
CUSIP
25064T403
Issuer
Destra
Inception Date
Apr 11, 2011
Min. Investment
$100,000
Distribution Policy
Distributing
Asset Class
Equity

Share Price Chart


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Performance

DPIIX Performance Chart

Destra Flaherty & Crumrine Preferred and Income Fund (DPIIX) is up 1.6% since the beginning of the year. DPIIX is currently trading at $17 per share. Investors who bought $1,000 worth of DPIIX shares 5 years ago would now be looking at an investment worth $1,130.


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S&P 500 Index

Returns By Period

Destra Flaherty & Crumrine Preferred and Income Fund (DPIIX) has returned 1.59% so far this year and 7.23% over the past 12 months. Over the last ten years, DPIIX has returned 4.60% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.


Destra Flaherty & Crumrine Preferred and Income Fund

1D
0.00%
1M
0.43%
YTD
1.59%
6M
1.80%
1Y
7.23%
3Y*
9.45%
5Y*
2.48%
10Y*
4.60%

Benchmark (S&P 500 Index)

1D
-0.37%
1M
-0.01%
YTD
9.16%
6M
8.64%
1Y
25.22%
3Y*
19.78%
5Y*
11.99%
10Y*
13.88%
*Multi-year figures are annualized to reflect compound growth (CAGR)

DPIIX Monthly Returns History

Based on dividend-adjusted daily data since Apr 12, 2011, DPIIX's average daily return is +0.02%, while the average monthly return is +0.48%. At this rate, an investment would double in approximately 12.1 years.

Historically, 67% of months were positive and 33% were negative. The best month was Apr 2020 with a return of +9.0%, while the worst month was Mar 2020 at -14.0%. The longest winning streak lasted 13 consecutive months, and the longest losing streak was 6 months.

On a daily basis, DPIIX closed higher 54% of trading days. The best single day was Aug 9, 2011 with a return of +6.2%, while the worst single day was Mar 18, 2020 at -13.0%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20260.64%0.22%-1.78%2.11%0.31%0.12%1.59%
20250.12%1.05%-0.49%-0.87%1.41%1.48%1.43%0.65%1.56%0.27%0.34%0.68%7.85%
20241.83%0.74%1.38%-0.92%2.21%0.52%1.26%1.93%2.04%-0.16%0.84%-0.77%11.39%
20236.95%-1.17%-7.38%0.53%-0.89%1.62%2.26%-0.39%-0.97%-2.54%5.42%3.12%5.94%
2022-2.23%-2.65%-0.58%-3.62%-0.34%-4.41%4.36%-2.11%-3.92%-1.36%3.09%-0.46%-13.68%
2021-0.26%-0.53%1.35%1.13%0.87%1.30%0.56%0.12%-0.04%0.24%-1.37%1.45%4.89%

Benchmark Metrics

Destra Flaherty & Crumrine Preferred and Income Fund has an annualized alpha of 3.30%, beta of 0.19, and R2 of 0.21 versus S&P 500 Index. Calculated based on daily prices since April 12, 2011.

  • This fund participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (30.05%) than losses (27.38%) - typical of diversified or defensive assets.
  • Beta of 0.19 may look defensive, but with R2 of 0.21 this fund is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this fund's risk.
  • R2 of 0.21 means this fund moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

Alpha
3.30%
Beta
0.19
0.21
Upside Capture
30.05%
Downside Capture
27.38%

Expense Ratio

DPIIX has a high expense ratio of 1.20%, indicating above-average management fees.


Return for Risk

Risk / Return Rank

DPIIX ranks 87 for risk / return — in the top 87% of mutual funds on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.


DPIIX Risk / Return Rank: 8787
Overall Rank
DPIIX Sharpe Ratio Rank: 9797
Sharpe Ratio Rank
DPIIX Sortino Ratio Rank: 9797
Sortino Ratio Rank
DPIIX Omega Ratio Rank: 9696
Omega Ratio Rank
DPIIX Calmar Ratio Rank: 7070
Calmar Ratio Rank
DPIIX Martin Ratio Rank: 7474
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for Destra Flaherty & Crumrine Preferred and Income Fund (DPIIX) and compare them to S&P 500 Index.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.


DPIIXBenchmarkDifference
Sharpe ratioReturn per unit of total volatility

+1.39

Sortino ratioReturn per unit of downside risk

+2.51

Omega ratioGain probability vs. loss probability

1.78

1.37

+0.42

Calmar ratioReturn relative to maximum drawdown

3.07

2.78

+0.28

Martin ratioReturn relative to average drawdown

13.10

12.44

+0.66

Dividends

Dividend History

Destra Flaherty & Crumrine Preferred and Income Fund provided a 5.57% dividend yield over the last twelve months, with an annual payout of $0.95 per share.


4.00%4.50%5.00%5.50%6.00%$0.00$0.20$0.40$0.60$0.80$1.0020152016201720182019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM20252024202320222021202020192018201720162015
Dividend$0.95$0.86$0.67$0.81$0.76$0.73$0.85$0.89$1.03$0.91$0.81$0.78

Dividend yield

5.57%5.03%3.98%5.17%4.89%3.87%4.55%4.81%6.27%4.92%4.68%4.52%

Monthly Dividends

The table displays the monthly dividend distributions for Destra Flaherty & Crumrine Preferred and Income Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.07$0.03$0.12$0.09$0.03$0.00$0.35
2025$0.00$0.07$0.09$0.07$0.04$0.11$0.07$0.05$0.15$0.05$0.06$0.13$0.86
2024$0.02$0.03$0.08$0.05$0.07$0.09$0.05$0.07$0.10$0.05$0.06$0.00$0.67
2023$0.04$0.08$0.07$0.00$0.08$0.08$0.05$0.08$0.09$0.00$0.08$0.16$0.81
2022$0.04$0.06$0.08$0.05$0.07$0.09$0.00$0.07$0.08$0.06$0.07$0.10$0.76
2021$0.02$0.05$0.08$0.05$0.06$0.09$0.05$0.06$0.06$0.05$0.07$0.09$0.73

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the Destra Flaherty & Crumrine Preferred and Income Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Destra Flaherty & Crumrine Preferred and Income Fund was 29.92%, occurring on Mar 18, 2020. Recovery took 165 trading sessions.

The current Destra Flaherty & Crumrine Preferred and Income Fund drawdown is 0.06%.


Related event

Drawdown

Fall

Recovery

Underwater

COVID crash2020
-29.92%Mar 2020
28d7mo 27d
8mo 25dFeb 2020 - Nov 2020
2023 correction2023
-19.76%Mar 2023
1y 4mo1y 5mo
2y 10moNov 2021 - Sep 2024
2011 correction2011
-10.51%Aug 2011
14d5mo 21d
6mo 5dJul 2011 - Jan 2012
2013 pullback2013
-6.98%Aug 2013
3mo 11d6mo 17d
9mo 28dMay 2013 - Mar 2014
Rate-hike selloffLate 2018
-6.40%Dec 2018
1y 1mo1mo 24d
1y 2moNov 2017 - Feb 2019

Drawdown Indicators


DPIIXBenchmarkDifference

Max Drawdown

Largest peak-to-trough decline

-29.92%

-56.78%

+26.86%

Max Drawdown (1Y)

Largest decline over 1 year

-2.39%

-9.10%

+6.71%

Max Drawdown (3Y)

Largest decline over 3 years

-4.26%

-18.90%

+14.64%

Max Drawdown (5Y)

Largest decline over 5 years

-19.76%

-25.43%

+5.67%

Max Drawdown (10Y)

Largest decline over 10 years

-29.92%

-33.92%

+4.00%

Current Drawdown

Current decline from peak

-0.06%

-1.80%

+1.74%

Average Drawdown

Average peak-to-trough decline

-2.74%

-10.71%

+7.97%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.56%

2.03%

-1.47%

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Portfolio Analyzer

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