Destinations Small-Mid Cap Equity Fund Class I (DSMFX)
| Fund Assets | 726.72M |
| Expense Ratio | 1.11% |
| Min. Investment | $0.00 |
| Turnover | 129.00% |
| Dividend (ttm) | 1.02 |
| Dividend Yield | 6.52% |
| Dividend Growth | -1.53% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 17, 2025 |
| Previous Close | 15.50 |
| YTD Return | 9.43% |
| 1-Year Return | 23.41% |
| 5-Year Return | 8.97% |
| 52-Week Low | 9.93 |
| 52-Week High | 15.86 |
| Beta (5Y) | 1.01 |
| Holdings | 2744 |
| Inception Date | Mar 20, 2017 |
About DSMFX
The Destinations Small-Mid Cap Equity Fund Institutional Class is an actively managed mutual fund focused on achieving long-term capital appreciation through investments primarily in small- and mid-capitalization equity securities. The fund aims to capture growth opportunities by allocating at least 80% of its net assets to stocks of companies that fall within the small- and mid-cap range, typically represented by the Russell 2500 Index. The fund's investment universe spans common and preferred stock, as well as rights, warrants, and convertible securities, with a diversified portfolio encompassing over 2,700 holdings. This broad approach provides exposure to a variety of sectors, including technology, healthcare, industrials, and consumer cyclical industries. The fund is geared toward institutional investors seeking diversified access to dynamic segments of the U.S. equity market, where companies may offer greater growth potential but can also present elevated volatility and liquidity risks compared to larger, more established firms. Introduced in 2017, the fund plays a relevant role for investors looking to balance their portfolios with exposure to the small- and mid-cap growth landscape within the United States.
Performance
DSMFX had a total return of 23.41% in the past year, including dividends. Since the fund's inception, the average annual return has been 12.59%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| DSMZX | Class Z | 0.96% |
Top 10 Holdings
10.20% of assets| Name | Symbol | Weight |
|---|---|---|
| State Street SPDR S&P 600 Small Cap Value ETF | SLYV | 2.43% |
| Us Dollars | n/a | 1.84% |
| Lumentum Holdings Inc. | LITE | 0.85% |
| Carpenter Technology Corporation | CRS | 0.77% |
| Quanta Services, Inc. | PWR | 0.74% |
| Teradyne, Inc. | TER | 0.74% |
| Praxis Precision Medicines, Inc. | PRAX | 0.73% |
| Crinetics Pharmaceuticals, Inc. | CRNX | 0.73% |
| Cameco Corporation | CCJ | 0.71% |
| Guardant Health, Inc. | GH | 0.66% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 17, 2025 | $1.02099 | Dec 18, 2025 |
| Dec 18, 2024 | $1.03689 | Dec 19, 2024 |
| Dec 18, 2023 | $0.03309 | Dec 19, 2023 |
| Dec 15, 2022 | $0.40433 | Dec 15, 2022 |
| Dec 16, 2020 | $0.30464 | Dec 17, 2020 |
| Dec 16, 2019 | $0.49404 | Dec 17, 2019 |