Destinations Low Duration Fixed Income Fund (DLDFX)

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Destinations Low Duration Fixed Income Fund (DLDFX) is up 1.7% since the beginning of the year. DLDFX is currently trading at $9 per share. Investors who bought $1,000 worth of DLDFX shares 5 years ago would now be looking at an investment worth $1,209.

Destinations Low Duration Fixed Income Fund (DLDFX) has returned 1.72% so far this year and 4.54% over the past 12 months.

Based on dividend-adjusted daily data since Jun 3, 2019, DLDFX's average daily return is +0.01%, while the average monthly return is +0.29%. At this rate, an investment would double in approximately 19.9 years.

Historically, 74% of months were positive and 26% were negative. The best month was Nov 2023 with a return of +2.1%, while the worst month was Mar 2020 at -5.9%. The longest winning streak lasted 11 consecutive months, and the longest losing streak was 7 months.

On a daily basis, DLDFX closed higher 31% of trading days. The best single day was Sep 3, 2021 with a return of +1.6%, while the worst single day was Mar 23, 2020 at -1.5%.

Destinations Low Duration Fixed Income Fund has an annualized alpha of 3.03%, beta of 0.03, and R2 of 0.11 versus S&P 500 Index. Calculated based on daily prices since June 03, 2019.

• This fund participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (10.32%) than losses (3.49%) - typical of diversified or defensive assets.
• Beta of 0.03 may look defensive, but with R2 of 0.11 this fund is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this fund's risk.
• R2 of 0.11 means this fund moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

DLDFX has a high expense ratio of 0.93%, indicating above-average management fees.

DLDFX ranks 95 for risk / return — in the top 95% of mutual funds on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.

Destinations Low Duration Fixed Income Fund provided a 5.33% dividend yield over the last twelve months, with an annual payout of $0.49 per share.

The table displays the monthly dividend distributions for Destinations Low Duration Fixed Income Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the Destinations Low Duration Fixed Income Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Destinations Low Duration Fixed Income Fund was 8.64%, occurring on Mar 23, 2020. Recovery took 180 trading sessions.

The current Destinations Low Duration Fixed Income Fund drawdown is 0.11%.

The chart below shows the rolling one-month volatility.