Destra Investment Trust Files Proxy Materials

TL;DR

Destra Investment Trust filed proxy docs for Flaherty & Crumrine Preferred Fund. No fee.

AI Summary

Destra Investment Trust filed a Definitive Additional Materials proxy statement on October 1, 2025. This filing pertains to the Destra Flaherty & Crumrine Preferred and Income Fund, which includes Class A (DPIAX), Class C (DPICX), and Class I (DPIIX) shares. The filing fee was not required for this submission.

Why It Matters

This filing provides shareholders with important information regarding the Destra Flaherty & Crumrine Preferred and Income Fund, allowing them to make informed decisions about their investments.

Risk Assessment

Risk Level: low — This is a routine filing of proxy materials and does not indicate any immediate financial risk or significant corporate action.

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) — 35KB
• 0001829126-25-007830.txt ( ) — 36KB
• 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! WE NEED YOUR VOTE! 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 . The Special Meeting of Shareholders for the Destra Flaherty & Crumrine Preferred & Income Fund (the “Fund”), originally scheduled for August 15 th , 2025, has been adjourned for a FOURTH time until October 9 th , 2025 due to insufficient voting . While the majority of votes are in favor of the proposals, we do not have enough people voting to hit the requisite threshold – and your vote could make the difference. Even if you were to simply cast an Abstain vote, which is neither For nor Against the proposals being voted on, it would be of great help to the Fund ! 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 shareholders in order for both the Adviser and Sub-Adviser to continue to provide investment advisory services to the Fund.

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View this DEFA14A filing on SEC EDGAR