DPICX Fees and Costs — Destra Flaherty & Crumrine Preferred Dividend and Income Fund, Class C
Data updated: 2026-08-31
The net expense ratio is 2.20%: a 0.75% management fee, a 1.00% 12b-1 fee plus 0.45% other expenses. This share class carries a deferred sales charge of up to 1.00%. Portfolio turnover was 16%.
DPICX Fees and Expenses
Annual operating expenses and sales charges of DPICX. Prospectus, as of January 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | 1.00% |
| Other expenses | 0.45% |
| Gross expense ratio | 2.20% |
| Fee waiver | — |
| Net expense ratio | 2.20% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 1.00% |
| Redemption fee | 0.00% |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
DPICX Costs Over Time
On $10,000 invested in DPICX, assuming 5% a year before costs, total costs come to $1,343 over 5 years, cutting the return by 2.31% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Sales charges | $103 | $0 | $0 |
| Fund expenses (net expense ratio 2.20%) | $231 | $712 | $1,219 |
| Lost growth on money paid in costs | $0 | $36 | $125 |
| Total costs | $334 | $747 | $1,343 |
| Value after costs | $10,166 | $10,829 | $11,419 |
| Impact on return, per year | 3.34% | 2.31% | 2.31% |
DPICX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending September 30, 2025.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $81.9M
- Portfolio turnover (prospectus): 16%
- Securities lending: none during the year
DPICX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| ROYAL BANK OF CANADA CAPITAL MARKETS | $10.2M | 15.45% |
| MARKETAXESS | $9.8M | 14.80% |
| BNP PARIBAS | $9.3M | 14.09% |
| MORGAN STANLEY & CO | $7.7M | 11.75% |
| HSBC SECURITIES | $6.6M | 10.05% |
| CITIGROUP | $5.8M | 8.78% |
| WELLS FARGO BANK | $5.0M | 7.54% |
| MIZUHO SECURITIES | $4.0M | 6.04% |
| SEAPORT GROUP | $3.8M | 5.77% |
| JP Morgan | $3.8M | 5.74% |
Destra Flaherty & Crumrine Preferred Dividend and Income Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| DPIIX | Class I | 1.20% | none |
| DPIAX | Class A | 1.45% | 4.50% |
| DPICX | Class C | 2.20% | none |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.