DPIIX Alternatives & Similar Mutual Funds

Destra Flaherty & Crumrine Preferred and Income Fund (DPIIX) belongs to the Preferred Stock/Convertible Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with DPIIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to DPIIX

DPIIX charges 1.20% annually. There are 13 mutual funds in the Preferred Stock/Convertible Bonds category with lower expense ratios, going as low as 0.59%.

Symbol	Name	Expense Ratio	AUM	Inception
FIQVX	Fidelity Advisor Convertible Securities Fund Class...	0.59%	—	Oct 2018	DPIIX vs FIQVX
LPXZX	Cohen & Steers Low Duration Preferred and Income F...	0.60%	—	Nov 2015	DPIIX vs LPXZX
FCVSX	Fidelity Convertible Securities Fund	0.67%	—	Jan 1987	DPIIX vs FCVSX
FICVX	Fidelity Advisor Convertible Securities Fund Class...	0.70%	—	Feb 2009	DPIIX vs FICVX
NPSRX	Nuveen Preferred Securities & Income Fund	0.74%	—	Dec 2006	DPIIX vs NPSRX

Best Risk-Adjusted Alternatives to DPIIX

DPIIX has a PortfoliosLab risk / return rank of 87. There is 1 mutual fund in the Preferred Stock/Convertible Bonds category with a higher risk-adjusted rank, going as high as 88.

Symbol	Name	Risk / Return Rank	AUM	Inception
PISHX	Cohen & Steers Preferred Securities and Income SMA...	88	—	Feb 2019	DPIIX vs PISHX
LPXZX	Cohen & Steers Low Duration Preferred and Income F...	87	—	Nov 2015	DPIIX vs LPXZX
CICVX	Calamos Convertible Fund	85	—	Jun 1997	DPIIX vs CICVX
CCVIX	Calamos Convertible Fund	85	—	Jun 1985	DPIIX vs CCVIX
CPXIX	Cohen & Steers Preferred Securities and Income Fun...	79	—	May 2010	DPIIX vs CPXIX

Top Performing DPIIX Alternatives (YTD)

DPIIX is at 1.79% YTD. There are 15 mutual funds in the Preferred Stock/Convertible Bonds category with higher YTD returns, going as high as 23.24%.

Symbol	Name	YTD Return	AUM	Inception
CICVX	Calamos Convertible Fund	23.24%	—	Jun 1997	DPIIX vs CICVX
CCVIX	Calamos Convertible Fund	23.11%	—	Jun 1985	DPIIX vs CCVIX
FIQVX	Fidelity Advisor Convertible Securities Fund Class...	19.67%	—	Oct 2018	DPIIX vs FIQVX
FICVX	Fidelity Advisor Convertible Securities Fund Class...	19.59%	—	Feb 2009	DPIIX vs FICVX
FACVX	Fidelity Advisor Convertible Securities Fund Class...	19.41%	—	Feb 2009	DPIIX vs FACVX

Lowest Volatility Alternatives to DPIIX

DPIIX has 2.12% 1-year volatility. There is 1 mutual fund in the Preferred Stock/Convertible Bonds category with lower 1-year volatility, going as low as 1.87%.

Symbol	Name	Volatility 1Y	AUM	Inception
LPXZX	Cohen & Steers Low Duration Preferred and Income F...	1.87%	—	Nov 2015	DPIIX vs LPXZX
PCSFX	Principal Capital Securities Fund	2.14%	—	Mar 2014	DPIIX vs PCSFX
PISHX	Cohen & Steers Preferred Securities and Income SMA...	2.40%	—	Feb 2019	DPIIX vs PISHX
PPSIX	Principal Spectrum Preferred and Capital Securitie...	2.41%	—	Apr 2002	DPIIX vs PPSIX
CPXIX	Cohen & Steers Preferred Securities and Income Fun...	2.47%	—	May 2010	DPIIX vs CPXIX

Lowest Drawdown Alternatives to DPIIX

DPIIX has a 1-year max drawdown of -2.39%. There is 1 mutual fund in the Preferred Stock/Convertible Bonds category with a shallower 1-year drawdown, going as shallow as -2.14%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
LPXZX	Cohen & Steers Low Duration Preferred and Income F...	-2.14%	—	Nov 2015	DPIIX vs LPXZX
PISHX	Cohen & Steers Preferred Securities and Income SMA...	-2.83%	—	Feb 2019	DPIIX vs PISHX
PCSFX	Principal Capital Securities Fund	-2.97%	—	Mar 2014	DPIIX vs PCSFX
CPXIX	Cohen & Steers Preferred Securities and Income Fun...	-3.00%	—	May 2010	DPIIX vs CPXIX
PFINX	PIMCO Preferred and Capital Securities Fund	-3.09%	—	Apr 2015	DPIIX vs PFINX

Often Compared With DPIIX

Investors most often compare DPIIX with PFFA, JPDIX, HPS. These 20 comparison targets span 1 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
PFFA	Virtus InfraCap U.S. Preferred Stock ETF	Preferred Stock/Convertible Bonds	34	1.63%	2.45B	May 2018	DPIIX vs PFFA
JPDIX	JPMorgan Preferred and Income Securities Fund	Preferred Stock/Convertible Bonds	76	1.73%	—	Mar 2022	DPIIX vs JPDIX
HPS	John Hancock Preferred Income Fund III	Preferred Stock/Convertible Bonds	26	5.88%	—	Jun 2003	DPIIX vs HPS
PSF	Cohen & Steers Select Preferred and Income Fund	Preferred Stock/Convertible Bonds	15	3.04%	—	—	DPIIX vs PSF
FTCVX	Fidelity Advisor Convertible Securities Fund Class...	Preferred Stock/Convertible Bonds	77	19.27%	—	Feb 2009	DPIIX vs FTCVX
FCCVX	Fidelity Advisor Convertible Securities Fund Class...	Preferred Stock/Convertible Bonds	75	18.93%	—	Feb 2009	DPIIX vs FCCVX
JPC	Nuveen Preferred and Income Opportunities Fund	Preferred Stock/Convertible Bonds	11	1.96%	—	Mar 2003	DPIIX vs JPC
LDP	Cohen and Steers Limited Duration Preferred and In...	Preferred Stock/Convertible Bonds	15	4.07%	—	May 2012	DPIIX vs LDP
NPFD	Nuveen Variable Rate Preferred & Income Fund	Preferred Stock/Convertible Bonds	13	3.71%	—	Dec 2021	DPIIX vs NPFD
KIFAX	Salient Select Income Fund	Preferred Stock/Convertible Bonds	19	3.19%	—	Mar 2001	DPIIX vs KIFAX
PFO	Flaherty & Crumrine Preferred and Income Opportuni...	Preferred Stock/Convertible Bonds	16	0.76%	—	Feb 1992	DPIIX vs PFO
LBFFX	Lord Abbett Convertible Fund Class F	Preferred Stock/Convertible Bonds	76	17.29%	—	—	DPIIX vs LBFFX
FPF	First Trust Intermediate Duration Preferred and In...	Preferred Stock/Convertible Bonds	8	1.06%	—	Apr 2009	DPIIX vs FPF
HPF	John Hancock Preferred Income Fund II	Preferred Stock/Convertible Bonds	28	4.76%	—	Jan 2005	DPIIX vs HPF
PFD	Flaherty & Crumrine Preferred Income Fund	Preferred Stock/Convertible Bonds	18	0.69%	—	Jan 1991	DPIIX vs PFD
SBFCX	Victory INCORE Investment Grade Convertible Fund C...	Preferred Stock/Convertible Bonds	27	4.65%	—	—	DPIIX vs SBFCX
PTA	Cohen & Steers Tax-Advantaged Preferred Securities...	Preferred Stock/Convertible Bonds	9	4.77%	—	—	DPIIX vs PTA
FPEIX	First Trust Preferred Securities and Income Fund	Preferred Stock/Convertible Bonds	64	0.42%	—	Jan 2011	DPIIX vs FPEIX
NCV	Virtus Convertible and Income Fund	Preferred Stock/Convertible Bonds	84	21.49%	—	Mar 2003	DPIIX vs NCV
HPI	John Hancock Preferred Income Fund	Preferred Stock/Convertible Bonds	25	4.94%	—	Aug 2002	DPIIX vs HPI

Compare DPIIX with Any Fund or Stock

Compare DPIIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

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Diversifiers

Pair DPIIX with funds that move differently

Destra Flaherty & Crumrine Preferred and Income Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to DPIIX.

Explore DPIIX Diversifiers

Destra Flaherty & Crumrine Preferred and Income Fund (DPIIX) Alternatives