Destinations Small-Mid Cap Equity Fund (DSMFX)
The investment seeks long term capital appreciation. The fund will invest at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in the equity securities of small- and mid-capitalization companies. It invests primarily in common and preferred stock, rights or warrants to purchase common or preferred stock, securities convertible into common or preferred stock such as convertible preferred stock, bonds or debentures, and other securities with equity characteristics. The fund may invest a portion of its assets in securities of micro-cap companies.
Fund Info
| ISIN | US10964R2022 |
|---|---|
| Issuer | Destinations Funds |
| Inception Date | Mar 20, 2017 |
| Category | Mid Cap Blend Equities |
| Min. Investment | $0 |
| Asset Class | Equity |
Asset Class Size | Mid-Cap |
Asset Class Style | Blend |
Expense Ratio
DSMFX has a high expense ratio of 1.10%, indicating higher-than-average management fees.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Destinations Small-Mid Cap Equity Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Destinations Small-Mid Cap Equity Fund had a return of 8.74% year-to-date (YTD) and 21.58% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 8.74% | 11.18% |
| 1 month | 7.20% | 5.60% |
| 6 months | 20.20% | 17.48% |
| 1 year | 21.58% | 26.33% |
| 5 years (annualized) | 11.38% | 13.16% |
| 10 years (annualized) | N/A | 10.99% |
Monthly Returns
The table below presents the monthly returns of DSMFX, 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -1.43% | 6.12% | 4.02% | -5.77% | 8.74% | ||||||||
| 2023 | 6.81% | -2.40% | -3.56% | 0.00% | -2.55% | 8.03% | 3.68% | -3.22% | -5.16% | -5.80% | 8.20% | 8.73% | 11.61% |
| 2022 | -10.61% | -0.69% | 0.38% | -8.53% | 0.08% | -8.22% | 9.32% | -0.58% | -8.24% | 9.81% | 2.92% | -5.07% | -19.89% |
| 2021 | 3.32% | 7.60% | 1.89% | 3.46% | 1.16% | 1.65% | -2.02% | 2.35% | -2.35% | 6.14% | -2.05% | 3.25% | 26.65% |
| 2020 | -2.78% | -8.00% | -22.89% | 14.01% | 8.85% | 4.59% | 4.76% | 4.02% | -1.18% | 1.19% | 17.30% | 8.05% | 23.62% |
| 2019 | 10.39% | 5.40% | -0.80% | 3.21% | -5.87% | 7.34% | 1.28% | -3.12% | 0.35% | 2.34% | 3.99% | 3.72% | 30.82% |
| 2018 | 2.43% | -3.68% | 1.00% | 0.81% | 5.54% | 1.02% | 2.01% | 4.85% | -1.96% | -9.36% | 1.77% | -10.88% | -7.68% |
| 2017 | 1.60% | 0.89% | -0.59% | 2.55% | 0.38% | -1.72% | 4.36% | 0.74% | 3.23% | 0.40% | 12.35% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of DSMFX is 44, suggesting that the investment has average results relative to other mutual funds in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
DSMFX (Destinations Small-Mid Cap Equity Fund)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Destinations Small-Mid Cap Equity Fund (DSMFX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Destinations Small-Mid Cap Equity Fund granted a 0.24% dividend yield in the last twelve months. The annual payout for that period amounted to $0.03 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|
| Dividend | $0.03 | $0.03 | $0.40 | $4.00 | $0.30 | $0.49 | $0.58 | $0.10 |
Dividend yield | 0.24% | 0.26% | 3.57% | 27.39% | 2.06% | 4.05% | 5.96% | 0.92% |
Monthly Dividends
The table displays the monthly dividend distributions for Destinations Small-Mid Cap Equity 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |||||||
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.03 | $0.03 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.40 | $0.40 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $4.00 | $4.00 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.30 | $0.30 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.49 | $0.49 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.58 | $0.58 |
| 2017 | $0.10 | $0.10 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the Destinations Small-Mid Cap Equity 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 Small-Mid Cap Equity Fund was 42.52%, occurring on Mar 23, 2020. Recovery took 139 trading sessions.
The current Destinations Small-Mid Cap Equity Fund drawdown is 6.71%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -42.52% | Feb 21, 2020 | 22 | Mar 23, 2020 | 139 | Oct 8, 2020 | 161 |
| -30.72% | Nov 17, 2021 | 146 | Jun 16, 2022 | — | — | — |
| -24.47% | Sep 5, 2018 | 77 | Dec 24, 2018 | 226 | Nov 15, 2019 | 303 |
| -8.45% | Jan 24, 2018 | 12 | Feb 8, 2018 | 63 | May 10, 2018 | 75 |
| -7.18% | Mar 16, 2021 | 7 | Mar 24, 2021 | 22 | Apr 26, 2021 | 29 |
Volatility
Volatility Chart
The current Destinations Small-Mid Cap Equity Fund volatility is 3.81%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.