About DGEFX
Destinations Equity Income Fund Class I is a mutual fund focused on delivering a high level of current income, with an additional objective of long-term capital appreciation. The fund primarily invests in dividend-paying equity securities from both U.S. and international companies, allocating at least 80% of its net assets to these holdings under normal market conditions. Its investment approach spans multiple sectors and markets, typically favoring large-cap stocks that offer attractive valuations and stable or growing dividends. The fund takes a global perspective, with the majority of assets in developed markets and select exposure to emerging markets.
This fund employs a multi-manager strategy, leveraging the expertise of various sub-advisers, each with specialized methodologies for identifying income opportunities and managing risk. Its diversified portfolio may include common and preferred stocks, REITs, depositary receipts, and equity-linked notes, seeking to combine yield generation with potential for capital growth. Destinations Equity Income Fund Class I plays a significant role for investors seeking broad-based global equity exposure, income from dividends, and relative stability compared to more growth-oriented strategies, making it a key option in the World Large-Stock Value category.
Fund Family Destinations Funds
Category World Large-Stock Value
Performance Rating Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol DGEFX
Share Class Class I
Index FTSE All-World High Dividend Yield TR Index
DGEFX had a total return of 20.90% in the past year, including dividends.
Since the fund's inception, the average annual return has been 9.13%.
