Destra Investment Trust Files Definitive Proxy Materials

TL;DR

Destra Investment Trust dropped proxy docs for its Preferred and Income Fund.

AI Summary

Destra Investment Trust filed a DEFA14A on August 15, 2025, related to its Preferred and Income Fund. This filing is a definitive additional material, indicating it's providing supplementary information to shareholders. The filing concerns proxy materials for the trust, which includes Class A (DPIAX), Class C (DPICX), and Class I (DPIIX) shares.

Why It Matters

This filing provides shareholders with important information regarding the Destra Investment Trust's proxy matters, allowing them to make informed decisions about their investments.

Risk Assessment

Risk Level: low — This filing is a standard proxy statement update and does not indicate any immediate financial distress or significant operational changes.

Key Players & Entities

• Destra Investment Trust (company) — Registrant
• Destra Flaherty & Crumrine Preferred and Income Fund (company) — Fund Name
• DPIAX (company) — Class A Share Ticker
• DPICX (company) — Class C Share Ticker
• DPIIX (company) — Class I Share Ticker

FAQ

Filing Documents

• destrainvest_defa14a.htm (DEFA14A) — 36KB
• 0001829126-25-006368.txt ( ) — 37KB
• S000055298
• C000174035 (DPIAX)
• C000174036 (DPICX)
• C000174037 (DPIIX)

From the Filing

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A (Rule 14a-101) SCHEDULE 14A INFORMATION Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 Filed by the Registrant Filed by a Party other than the Registrant Check the appropriate box: Preliminary Proxy Statement. Confidential, for use of the Commission Only (as permitted by Rule 14a-6(e)(2)). Definitive Proxy Statement. Definitive Additional Materials. Soliciting Material Pursuant to 240.14a-12. DESTRA INVESTMENT TRUST (Name of Registrant as Specified In Its Charter) (Name of Person(s) Filing Proxy Statement, if other than the Registrant) Payment of Filing Fee (Check the appropriate box): No fee required. Fee computed on table below per Exchange Act Rules 14a-6(i)(1) and 0-11. (1) Title of each class of securities to which transaction applies: (2) Aggregate number of securities to which transaction applies: (3) Per unit price or other underlying value of transaction computed pursuant to Exchange Act Rule 0-11 (set forth the amount on which the filing fee is calculated and state how it was determined): (4) Proposed maximum aggregate value of transaction: (5) Total fee paid: Fee paid previously with preliminary materials: Check box if any part of the fee is offset as provided by Exchange Act Rule 0-11(a)(2) and identify the filing for which the offsetting fee was paid previously. Identify the previous filing by registration statement number, or the form or schedule and the date of its filing. (1) Amount Previously Paid: (2) Form, Schedule or Registration Statement No.: (3) Filing Party: (4) Date Filed: Destra Flaherty & Crumrine Preferred and Income Fund SHAREHOLDER MEETING ADJOURNED DUE TO LACK OF PARTICIPATION! PLEASE VOTE YOUR SHARES TODAY - EVEN CASTING AN ABSTAIN VOTE WOULD HELP ! August 15, 2025 Dear Valued Shareholder, WE TRULY NEED YOUR VOTE! We would not undertake the expense of yet another email to you unless your vote was vital. We have been trying to reach you regarding the Special Meeting of Shareholders of the Destra Flaherty & Crumrine Preferred & Income Fund (the “Fund”). The Special Meeting was originally slated for August 15 th , 2025, but has been adjourned until September 5 th , 2025 due to shareholders not voting their shares . To date, an overwhelming majority of the shareholders voting are voting in favor of the proposal – we simply do not have enough people voting to hit the requisite level. Our records indicate we have not yet received your vote; therefore, we are asking you to please take a moment now to submit your vote. Shareholders are being asked to vote on two proposals to approve a New Investment Advisory Agreement with DFC Preferred Advisors LLC (“DFC”) as well as a New Investment Sub-Advisory Agreement with Flaherty & Crumrine Incorporated (“Flaherty”). The full proxy statement is available for your review here: www.OkapiVote.com/DPI . Because there is a great deal of information in the materials, we would like to highlight the following key points. Under the New Investment Advisory & Sub-Advisory Agreements, there will be: 1. No change to the investment adviser or sub-adviser. 2. No change to the investment advisory or sub-advisory fees. 3. No change to the investment objective and principal investment strategies. Reasoning for the New Advisory Agreements : Flaherty, the Fund’s Sub-Adviser, is expected to undergo an internal restructuring that will result in a change of control of the Sub-Adviser, as well as a change of control of DFC Preferred Advisors LLC, the Fund’s Adviser. The Sub-Adviser currently has two types of shareholders: (a) three shareholders who have served as the current management of the Sub-Adviser for more than 10 years (the “Management Shareholders”) and (b) three shareholders who are former employees of the Sub-Adviser, having retired in 2015 or earlier (the “Retired Shareholders”). The Sub-Adviser expects to undergo an internal restructuring that will involve the repurchase of shares held by the Retired Shareholders and a reallocation of those shares to the Management Shareholders and is expected to happen in stages from July 1, 2025 through December 31, 2025 (the “Transaction”). The final consummation of the Transaction will have the effect of causing a change of control of the Sub-Adviser, resulting in the automatic termination of the current investment sub-advisory agreement. The final consummation of the Transaction will also have the effect of causing a change of control of the Adviser (as DFC is jointly owned by Flaherty and Destra Capital Advisors, LLC), resulting in the automatic termination of the current investment advisory agreement. Accordingly, the new investment sub-advisory and advisory agreements must be approved by the Fund’s sh

View Full Filing

View this DEFA14A filing on SEC EDGAR