Destra Funds Announce Estimated Year-End Capital Gains
November 7, 2016
The Destra Funds distributed by Destra Capital Investments LLC are pleased to announce their estimated year-end capital gains. The table below summarizes the estimated capital gain schedule for each Fund. The year-end capital gain will be paid on December 31, 2016 to shareholders of record as of December 29, 2016, with an ex-dividend date of December 30, 2016. These estimates and dates are subject to change.
| Funds | Share Class | Short-Term Capital Gain | Long-Term Capital Gain |
|---|---|---|---|
| Destra Wolverine Alternative Opportunities | A | - | - |
| Destra Wolverine Alternative Opportunities | I | - | - |
| Destra Wolverine Alternative Opportunities | C | - | - |
| Destra Flaherty & Crumrine Preferred and Income | A | - | - |
| Destra Flaherty & Crumrine Preferred and Income | I | - | - |
| Destra Flaherty & Crumrine Preferred and Income | C | - | - |
| Destra Focused Equity | A | $ 0.0075 | $ 1.5809 |
| Destra Focused Equity | I | $ 0.0075 | $ 1.5809 |
| Destra Focused Equity | C | $ 0.0075 | $ 1.5809 |
| Destra Dividend Total Return | A | $ 0.0980 | $ 0.5813 |
| Destra Dividend Total Return | I | $ 0.0980 | $ 0.5813 |
| Destra Dividend Total Return | C | $ 0.0980 | $ 0.5813 |
Past performance is not indicative of future performance.
The Destra Funds are required to make certain distributions of income and gains to shareholders each year to satisfy Internal Revenue Code requirements applicable to mutual funds.
The estimated per share amounts are listed below using capital gain amounts as of October 31, 2016. These figures are subject to change, perhaps significantly, and actual distribution amounts will be posted to the Funds’ website shortly after ex-dividend date.
You should not use these figures for computation of federal and/or state income taxes as you will receive an IRS tax form in early 2017 detailing the taxable portions of any distributions paid to you during 2016.
Destra Capital Investments LLC is an investment distributor that specializes in connecting financial advisors with original and differentiated strategies. Destra partners with premier institutional investment managers who are uniquely positioned to pursue superior performance while seeking to manage downside risk. The company’s strategies are currently available through sub-advised mutual funds. Destra is headquartered in Chicago, IL. Destra Capital Advisors LLC, the investment adviser to the Funds, is an affiliate of Destra Capital Investments.
Destra Capital Investments does not offer tax advice. The tax information contained herein is general and is not exhaustive by nature. It was not intended or written to be used, and it cannot be used by any taxpayer, for the purpose of avoiding penalties that may be imposed on the taxpayer under U.S. federal tax laws. Federal and state tax laws are complex and constantly changing. Please consult your tax professional or financial adviser for more information regarding your tax situation.
All funds involve risk and investors should consider the investment objective and policies, risk considerations, charges and ongoing expenses of an investment carefully before investing. The prospectus and summary prospectus contains this and other information relevant to an investment in the fund. Please read the prospectus or summary prospectus carefully before you invest or send money. To obtain a prospectus, please contact your investment representative or Destra Capital Investments LLC at 877-855-3434 or access our website at destracapital.com.