Destra Capital

Exploring the Benefits of Closed-End Funds (CEFs) 💼 Closed-End Funds offer unique opportunities in the investment world, combining professional management with structural advantages that set them apart. Here’s why CEFs are worth a closer look: ➡️ Income Potential: CEFs often generate higher income through diversified portfolios, including income-focused assets like bonds and REITs, and employ strategies to maintain steady distribution rates. ➡️ Market Discounts: CEFs can trade at discounts to their Net Asset Value (NAV), giving investors the chance to buy into diversified assets at a value. ➡️ Long-Term Focus: With no need to manage daily inflows and outflows like mutual funds, CEF managers can take a long-term approach, often exploring alternative assets or less liquid investments that can boost returns. With CEFs gaining traction, particularly as markets evolve, understanding these benefits can provide a powerful edge for investors seeking stable income and strategic growth. #ClosedEndFunds #IncomeInvesting #MarketDiscount #InvestmentStrategies

🍂 Falling Leaves, Rising Insights 🍂 As the leaves drift by our windows, so too do changes in the credit market. Destra Capital’s latest article in our Credit Events series, “Falling Leaves Drift by My Window,” dives into the seasonal shifts and trends shaping today’s credit landscape. 🍁 Just as each autumn leaf has its own journey, every movement in the market tells a story. Curious to learn what these market shifts mean for credit strategies and investment opportunities? 🍃 Pour a cozy cup of coffee, settle in, and explore these financial winds. 📖 Read the full article here: https://bit.ly/4hv5Wx1

Dana Staggs, President of Arrowmark Financial Corp., is our guest this week on the NAVigator Podcast! In the interview, Staggs discusses how regulatory capital relief securities can function as an alternative investment. “They benefit from what I would characterize as a stable NAV, so the valuations don’t move much up or down,” he says, adding that “they also have a very low correlation to a lot of other investment products.” Visit our website to listen to the podcast and learn more: https://lnkd.in/dzqK7ZWr

Exciting News! We are Co-Hosting the Closed-End Fund Nexus 2024 Summit in NYC! 🌟 Destra Capital Advisors and FLX Networks are thrilled to announce the upcoming Closed-End Fund Nexus 2024 Summit, set for October 2, 2024, in the heart of Midtown Manhattan. This premier event will unite top closed-end fund and interval fund managers, industry analysts, and influencers for a day of insightful discussions and networking. The day will feature presentations from veteran asset management firms like Ares Management Corporation, Calamos Investments and Western Asset Management (a Franklin Templeton company) along with engaging panel discussions led by industry veterans. “We’re eager to provide a platform where thought leaders in the closed-end fund space can engage directly with analysts and investment managers,” says Dominic Martellaro, CEO at Destra Capital. This summit is a fantastic opportunity for analysts, investment managers, and due diligence officers to connect and gain valuable insights into the latest market trends. https://lnkd.in/g3etbyjz #ClosedEndFunds #Nexus2024 #DestraCapital #FLXNetworks #InvestmentSummit #Networking #FinanceEvents

Credit Investors : Event driven credit is different from more traditional fixed-income strategies. Event driven credit (sometimes called Special Situations) focuses on mispriced credit securities, particularly in stressed and event-driven situations, with the potential to deliver attractive risk-adjusted returns through a combination of income and capital appreciation. Learn more: https://bit.ly/4chsSwU #fixedincome #eventdrivencredit #intervalfunds #activelymanaged

In the latest episode of the Orion Weighing Machine podcast, Joe Smith, CFA from Parti Pris Investment Partners dives deep into the power of Unified Managed Householding (UMH).   He explains how this holistic approach to managing household assets can enhance tax efficiency and provide more personalized investment strategies for clients. Technology is key to making this scalable for advisors, and Joe shares insights on how to leverage it effectively.   🎧 Listen to the full interview to learn more: https://lnkd.in/gWEHZ6Hm   #WealthManagement #UMH #TechInFinance #OrionPodcast

What a pleasure it was to connect with so many talented financial advisors at the LPL Focus 2024 Conference! Thank you to all the fantastic LPL advisors who visited our booth and engaged with our team. Your passion for serving your clients is truly inspiring. We feel privileged to partner with the advisors at LPL to help achieve better wealth outcomes by sourcing the next generation of investment solutions. The conversations we had at the conference highlighted the incredible depth of knowledge and expertise within the LPL advisor community. We're excited to continue working side-by-side with you to navigate the evolving market landscape and uncover new opportunities. To the LPL advisors in attendance, please accept our sincere gratitude. We look forward to many more fruitful collaborations in the years ahead. #LPLFocus2024 #FinancialAdvisors

NAVigating the Credit Markets with Duncan Farley 🎙️💼 We are excited to share that Duncan Farley, Portfolio Manager, BlueBay Developed Markets Special Situations Team at RBC Global Asset Management and Portfolio Manager of the BlueBay Destra International Event-Driven Credit Fund, recently joined the Active Investment Company Alliance NAVigator Podcast with Chuck Jaffe to share his expert insights on global leveraged finance markets. Podcast Highlights from Duncan: ▪ Impact of “corporates dining out on cheap finance” ▪ Opportunities in a changing economic environment ▪ Evaluating the “haves and have nots” in corporate credit Duncan's unique perspective on special situations and event-driven investing offers valuable insights for investors looking to capitalize on market inefficiencies. Curious about how evolving interest rate scenarios might affect your investment strategy? Want to understand how seasoned professionals are positioning themselves in today's market? Don't miss this conversation! Click the link to listen to the full podcast. https://lnkd.in/evjAKM46 #CreditMarkets #InvestmentStrategy #InterestRates #AICANAVigator

Hot Bond Bull Summer: July's Market Rollercoaster 🎢📈 July brought the heat, more than just the rising temperatures... Our latest Credit Events Blog Post dives into the sizzling bond market that had investors chasing yields like ice cream trucks. Highlights: ✅ All green for Destra's Credit Strategies Indicator 💸 Record-breaking $39 billion inflows into bond funds 📊 Surprising credit spread movements 🏦 Chapter 11 filings hit a decade high But is this bull run sustainable? In the article, we explore the anticipation of Fed rate cuts, the 10-year Treasury yield dipping below 4%, and the sudden market shifts happening right now. Don't miss out on these crucial insights for your investment strategy. Read the full article and let us know your thoughts! https://lnkd.in/gNYvvekR #BondMarket #InvestmentStrategy #MarketInsights #DestraCapital

Duncan Farley, Portfolio Manager on the Developed Markets Special Situations team at RBC BlueBay Asset Management, offers up key market insights on this week’s NAVigator Podcast! Farley, who manages the BlueBay Destra International Event-Driven Credit Fund, says corporations that have been “dining out on cheap finance” now have indigestion because their debt levels, leverage, and costs have gone up, so “the math doesn’t work.” As a result, he’s expecting trouble for corporate paper globally, with a sharp rise in default rates, though he notes that creates opportunities for special situations investors. Visit our website to listen to the podcast and learn more: https://lnkd.in/evjAKM46