About DSMZX
Destinations Small-Mid Cap Equity Fund Class Z is an open-end mutual fund designed to provide long-term capital appreciation by investing predominantly in equity securities of small- and mid-capitalization companies. The fund allocates at least 80% of its net assets to this segment, encompassing common and preferred stocks, rights or warrants, and convertible securities. Its portfolio is highly diversified, typically holding over 2,700 individual positions, with the top ten holdings making up less than 10% of total assets, reflecting a broad approach to risk management and sector representation. The fund benchmarks its performance against the Russell 2500 Index, an established barometer for the small- to mid-cap US equity universe. This diversification aims to capture growth opportunities across healthcare, technology, industrials, consumer defensive, and energy sectors, among others. Destinations Small-Mid Cap Equity Fund Class Z plays a strategic role in providing investors institutional-level access to growth potential in smaller US companies, contributing to portfolio diversification and exposure to dynamic segments of the broader market.
Fund Family Destinations Funds
Category Small Blend
Performance Rating High
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol DSMZX
Share Class Class Z
Index Russell MidCap TR
DSMZX had a total return of 28.15% in the past year, including dividends. Since the fund's
inception, the average annual return has been 13.29%.
