Destra Insights

The second quarter 2024 update for the BlueBay Destra International Event-Driven Credit Fund (CEDIX). This webcast features an interview with Portfolio Manager Duncan Farley from BlueBay.

The second quarter 2024 update for the Destra Flaherty & Crumrine Preferred and Income Fund. This webcast features an interview with Portfolio Manager Eric Chadwick from Flaherty & Crumrine.

Wow, July was hot. Temperatures were up all across the US but the real heat was in the bond markets, were yields wanted to come down, investors were certain Powell promised them a September cut, and nothing could dissuade the bond bulls of summer from pushing prices higher.

Here at the halfway point of 2024, the light of investment heaven shines brightly from the mountain top, even as the heat of summer drips sweat off the brow of those of us laboring to get our portfolio rocks to the top.

Q1 2024 Update for the Destra Multi-Alternative Fund (DMA)

Memorial Day is behind us now and it is time for the Summer Blockbusters. So with a nod to great movie quotes of the past, here is your May Credit Events newsletter!

April saw the Destra Credit Strategies Indicator (“CSI”) deliver an overall negative result of -0.86% on average with 12 of 18 sub-strategies declining on a total return basis for the month. This was a far cry from March, when the CSI was up a positive +1.33% on average and 17 of 18 categories were green!

The first quarter 2024 update for the BlueBay Destra International Event-Driven Credit Fund (CEDIX). This webcast features an interview with Portfolio Manager Duncan Farley from BlueBay.

Special situations credit investing is a sophisticated institutional strategy focusing on unique credit opportunities in companies facing stress, distress, restructuring, bankruptcy, or other dislocations.

As if St. Patty’s Day was not enough, there was green all over the screen in the month of March and for the first quarter of 2024.