Destinations Multi Strategy Alternatives Fund (DMSFX)
The investment seeks capital appreciation with reduced correlation to equity and fixed income markets. The adviser employs a strategy intended to generate long term growth across market cycles with reduced correlation to the equity and fixed income markets. The adviser employs a "multi-manager" strategy whereby the Adviser allocates the fund's assets among professional money managers, each of which is responsible for investing its allocated portion of the fund's assets. The fund may invest a significant portion of its assets in a particular geographic region or country, including emerging markets countries.
Fund Info
US10964R8714
Mar 19, 2017
$0
Large-Cap
Expense Ratio
DMSFX has a high expense ratio of 1.15%, indicating above-average management fees.
Share Price Chart
Loading data...
Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
Performance Chart
Loading data...
Returns By Period
Destinations Multi Strategy Alternatives Fund (DMSFX) returned -0.15% year-to-date (YTD) and 3.88% over the past 12 months.
DMSFX
-0.15%
1.29%
-0.59%
3.88%
6.44%
6.58%
N/A
^GSPC (Benchmark)
0.52%
6.32%
-1.44%
12.25%
12.45%
14.20%
10.84%
Monthly Returns
The table below presents the monthly returns of DMSFX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 0.10% | -0.19% | -0.83% | -0.49% | 1.29% | -0.15% | |||||||
| 2024 | 0.58% | 0.77% | 0.94% | -0.38% | 0.29% | 0.21% | 2.02% | 0.10% | 0.77% | 0.19% | 1.14% | -0.54% | 6.23% |
| 2023 | 2.66% | 0.80% | -0.63% | 0.80% | 0.79% | 1.37% | 1.08% | 0.39% | 1.39% | -0.10% | 1.55% | 2.05% | 12.82% |
| 2022 | -2.21% | 0.29% | 0.84% | -1.07% | -2.16% | -1.73% | 1.44% | -0.10% | -1.11% | 1.75% | 0.81% | -0.16% | -3.45% |
| 2021 | 1.35% | 0.57% | 0.28% | 1.04% | 0.28% | 0.14% | -0.09% | 0.19% | 0.66% | 0.46% | -0.83% | 1.07% | 5.22% |
| 2020 | 1.46% | -0.51% | -12.99% | 5.48% | 4.97% | 2.33% | 1.06% | 2.20% | 0.42% | 0.00% | 4.20% | 2.29% | 10.01% |
| 2019 | 3.91% | 1.99% | -0.09% | 1.03% | -1.12% | 1.19% | 0.10% | -1.44% | -0.20% | 0.42% | 0.00% | 2.94% | 8.93% |
| 2018 | 1.39% | -0.39% | -0.17% | 0.39% | 0.69% | -0.02% | 0.79% | 0.29% | 0.32% | -2.75% | -1.31% | -2.86% | -3.66% |
| 2017 | 0.00% | 1.10% | -0.59% | 1.04% | 0.20% | -0.79% | 1.16% | 0.00% | -0.20% | 0.99% | 2.92% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 79, DMSFX is among the top 21% of mutual funds on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Destinations Multi Strategy Alternatives Fund (DMSFX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Loading data...
Dividends
Dividend History
Destinations Multi Strategy Alternatives Fund provided a 6.26% dividend yield over the last twelve months, with an annual payout of $0.64 per share.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.64 | $0.64 | $0.68 | $0.30 | $0.49 | $0.15 | $0.45 | $0.53 | $0.20 |
Dividend yield | 6.26% | 6.25% | 6.62% | 3.05% | 4.69% | 1.48% | 4.65% | 5.70% | 2.00% |
Monthly Dividends
The table displays the monthly dividend distributions for Destinations Multi Strategy Alternatives Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.05 | |||||||
| 2024 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.30 | $0.64 |
| 2023 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.37 | $0.68 |
| 2022 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.16 | $0.30 |
| 2021 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.43 | $0.49 |
| 2020 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.03 | $0.15 |
| 2019 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.19 | $0.45 |
| 2018 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.30 | $0.53 |
| 2017 | $0.05 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.09 | $0.20 |
Drawdowns
Drawdowns Chart
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.
Loading data...
Worst Drawdowns
The table below displays the maximum drawdowns of the Destinations Multi Strategy Alternatives 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 Multi Strategy Alternatives Fund was 21.11%, occurring on Mar 24, 2020. Recovery took 121 trading sessions.
The current Destinations Multi Strategy Alternatives Fund drawdown is 0.78%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -21.11% | Feb 21, 2020 | 23 | Mar 24, 2020 | 121 | Sep 15, 2020 | 144 |
| -8.35% | Oct 4, 2018 | 56 | Dec 24, 2018 | 246 | Dec 16, 2019 | 302 |
| -6.84% | Nov 18, 2021 | 156 | Jul 5, 2022 | 226 | May 26, 2023 | 382 |
| -3.88% | Dec 12, 2024 | 79 | Apr 8, 2025 | — | — | — |
| -2.14% | Jan 29, 2018 | 10 | Feb 9, 2018 | 19 | Mar 9, 2018 | 29 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading data...