Destinations Municipal Fixed Income I (DMFFX)

Fund Assets	598.85M
Expense Ratio	0.84%
Min. Investment	$0.00
Turnover	48.00%
Dividend (ttm)	0.28
Dividend Yield	3.00%
Dividend Growth	-6.41%
Payout Frequency	Monthly
Ex-Dividend Date	Sep 29, 2026

Previous Close	9.22
YTD Return	-2.44%
1-Year Return	-1.54%
5-Year Return	0.01%
52-Week Low	9.06
52-Week High	9.79
Beta (5Y)	0.20
Holdings	466
Inception Date	Mar 20, 2017

About DMFFX

Destinations Municipal Fixed Income Fund Class I is an open-end municipal bond fund focused on generating current income that is exempt from regular federal income tax. The fund primarily invests in investment-grade municipal securities while allowing a measured allocation to lower-rated bonds to enhance income, providing diversification across states, sectors, and revenue sources within the municipal market. It employs a multi-manager structure, allocating assets to specialist sub-advisers that emphasize complementary approaches such as relative value in high yield municipals, high-quality intermediate exposure, and active duration and curve positioning within tax-exempt markets. The portfolio is broadly diversified, holding hundreds of municipal issues and maintaining an intermediate profile consistent with its category, with monthly distributions reflecting its income focus. This strategy serves investors seeking tax-advantaged income and exposure to the municipal bond market through an actively managed, institutional share class that consolidates distinct manager expertise under one vehicle.

• Fund Family: Destinations Funds
• Category: Muni National Interm
• Performance Rating: Average
• Risk Rating: Low
• Stock Exchange: Nasdaq
• Ticker Symbol: DMFFX
• Share Class: Class I
• Index: Index is not available on Lipper Database

Performance

DMFFX had a total return of -1.54% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.14%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

Symbol	Provider	Name	Expense Ratio
SWNTX	Schwab	Schwab Tax-Free Bond Fund™	0.38%

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
DMFZX	Class Z	0.69%

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 29, 2026	$0.0242	Sep 30, 2026
Aug 28, 2026	$0.02375	Aug 31, 2026
Jul 30, 2026	$0.02441	Jul 31, 2026
Jun 29, 2026	$0.0199	Jun 30, 2026
May 28, 2026	$0.02155	May 29, 2026
Apr 29, 2026	$0.0233	Apr 30, 2026

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Oct 16, 2026

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