Destinations Multi Strategy Alts I (DMSFX) Fund Details & Analysis

Fund Information

Fund Category Multistrategy

Fund Family Destinations Funds

Fund Style Large Blend

ISIN US10964R8714

CUSIP 10964R871

Inception Date -

Domicile -

Country USA

Fiscal Year End -

NAV Chart

Fund Metrics

Net Assets $927.04 Million

Share Class Net Assets $-

Expense Ratio 1.33%

Expense Ratio Date -

Dividend Yield 0.04%

Morning Star Rating -

Morning Star Risk Rating -

Morning Star Category -

Performance

YTD Return 1.61%

1-Year Return 3.90%

3-Year Return 5.75%

5-Year Return 4.57%

NAV $10.36

Previous Close Price $10.37

Last Update 2026-09-30

Dividend Information

Dividend Yield 0.04%

Dividend (ttm) 0.17

Dividend Growth -58.12%

Payout Frequency Annual

Ex-Dividend Date n/a

Ratings

Morning Star Rating -

Morning Star Risk Rating -

Morning Star Category -

Beta (5Y) 1.23

About Destinations Multi Strategy Alts I

The adviser employs a strategy intended to generate long term growth across market cycles with reduced correlation to the equity and fixed income markets. The adviser employs a "multi-manager" strategy whereby the Adviser allocates the fund's assets among professional money managers, each of which is responsible for investing its allocated portion of the fund's assets. The fund may invest a significant portion of its assets in a particular geographic region or country, including emerging markets countries.

Detailed Metrics

Market Cap Distribution

AverageMarketCap 132140.99%

Giant 4.60%

Large 11.18%

Medium 8.43%

Micro 0.00%

Small 0.10%

Value & Growth Metrics

Book-Value Growth % 5.41%

Cash-Flow Growth % 10.08%

Dividend Yield % 1.77%

Historical Earnings % 8.05%

Long-Term Earnings % 11.57%

Asset Allocation

Type	Net %	Long %	Short %	Category Average	benchmark
Bond	49.68%	94.79%	45.10%	103.73%	77.15%
Cash	26.62%	46.92%	20.29%	130.95%	0.00%
Non US Stock	1.70%	4.03%	2.32%	30.46%	8.46%
Not Classified	1.03%	1.03%	0.00%	3.21%	0.00%
Other	0.33%	5.74%	5.41%	13.99%	2.01%
US Stock	20.74%	20.74%	0.00%	78.10%	12.38%

Top Holdings

Name	Weight	Owned	Change
JPMORGAN STRATEGIC INCOME OPPORTUNITIES FUND CL R6 0.00000000	20.81%	-	-
PALM VALLEY CAPITAL FUND CL INVESTOR 0.00000000	2.16%	-	-
BARINGS CLO LTD 2021-I SER 2021-1A CL B V/R REGD 144A P/P 6.94621000	1.87%	-	-
VISTRA CORP REGD V/R /PERP/ 144A P/P 7.00000000	1.99%	-	-
SERVICE PROPERTIES TRUST REGD 144A P/P 8.62500000	1.81%	-	-
CANNAE HOLDINGS INC 0.00000000	2.04%	-	-
ARROW BIDCO LLC REGD 144A P/P 10.75000000	1.68%	-	-
GOLDEN ENTERTAINMENT INC 0.00000000	1.60%	-	-
CRINETICS PHARMACEUTICALS IN 0.00000000	1.72%	-	-
BLUE FOUNDRY BANCORP 0.00000000	1.49%	-	-
BARINGS CLO LTD 2021-I SER 2021-1A CL B V/R REGD 144A P/P 5.96168000	2.30%	-	-
WELLS FARGO COMMERCIAL MORTGAGE TRUST 2015-C28 SER 2015-C28 CL AS V/R REGD 3.87200000	2.11%	-	-
XENON PHARMACEUTICALS INC 0.00000000	2.03%	-	-
CONNECTICUT AVENUE SECURITIES TRUST 2019-HRP1 SER 2019-HRP1 CL B1 V/R REGD 144A P/P 13.71649000	1.54%	-	-
DANAOS CORP REGD 144A P/P 8.50000000	1.59%	-	-
NRG ENERGY INC REGD V/R /PERP/ 144A P/P 10.25000000	1.38%	-	-
BARINGS CLO LTD 2021-I SER 2021-1A CL B V/R REGD 144A P/P 5.98007000	2.43%	-	-
JPMBB COMMERCIAL MORTGAGE SECURITIES TRUST 2015-C32 SER 2015-C32 CL AS REGD 3.98440000	1.49%	-	-
CONNECTICUT AVENUE SECURITIES TRUST 2019-HRP1 SER 2019-HRP1 CL B1 V/R REGD 144A P/P 13.71287000	1.58%	-	-
WELLS FARGO COMMERCIAL MORTGAGE TRUST 2017-RB1 SER 2017-RB1 CL A5 REGD 3.63500000	1.44%	-	-
FREDDIE MAC STACR TRUST 2019-FTR1 SER 2019-FTR1 CL B2 V/R REGD 144A P/P 12.81287000	1.25%	-	-
BARINGS CLO LTD 2021-I SER 2021-1A CL B V/R REGD 144A P/P 5.51959000	2.46%	-	-
CONNECTICUT AVENUE SECURITIES TRUST 2019-HRP1 SER 2019-HRP1 CL B1 V/R REGD 144A P/P 13.43628000	1.52%	-	-
WORLD OMNI AUTO RECEIVABLES TRUST 2025-D SER 2025-D CL A2A REGD 3.91000000	1.46%	-	-
ISHARES MSCI USA MIN VOL FACTOR ETF 0.00000000	15.57%	-	-
ISHARES AAA CLO ACTIVE ETF CL USD INC 0.00000000	9.06%	-	-
FRANKLIN SYSTEMATIC STYLE PREMIA ETF CL USD INC 0.00000000	7.37%	-	-
HONDA AUTO RECEIVABLES 2026-1 OWNER TRUST SER 2026-1 CL A2A REGD 3.71000000	2.52%	-	-
CARVANA AUTO RECEIVABLES TRUST 2026-P1 SER 2026-P1 CL A2 REGD 4.10000000	2.07%	-	-
CONNECTICUT AVENUE SECURITIES TRUST 2019-HRP1 SER 2019-HRP1 CL B1 V/R REGD 144A P/P 12.97658000	1.35%	-	-
CSAIL 2017-CX10 COMMERCIAL MORTGAGE TRUST SER 2017-CX10 CL AS V/R REGD 3.66980000	1.34%	-	-

See the full breakdown of DMSFX fund's asset allocation and top holdings .

Sector Weights

Category	Subcategory	Amount %	Category Avg	Stocks %	Benchmark
Bond Sector	Cash and Equivalents	5.50%	21.45%	18.90%	0.00%
Bond Sector	Corporate	5.50%	5.51%	5.58%	26.46%
Bond Sector	Derivative	5.50%	33.59%	40.23%	0.00%
Bond Sector	Government	5.50%	37.11%	3.54%	51.77%
Bond Sector	Municipal	5.50%	0.00%	0.00%	0.02%
Bond Sector	Securitized	5.50%	2.34%	31.75%	21.75%
Cyclical	Basic Materials	2.73%	5.28%	0.00%	3.92%
Cyclical	Consumer Cyclical	6.16%	9.95%	0.00%	7.50%
Cyclical	Financial Services	15.42%	16.02%	0.00%	19.49%
Cyclical	Real Estate	2.13%	3.23%	0.00%	7.75%
Defensive	Consumer Defensive	8.07%	5.37%	0.00%	5.17%
Defensive	Healthcare	13.18%	9.90%	0.00%	9.65%
Defensive	Utilities	5.50%	3.71%	0.00%	3.04%
Sensitive	Communication Services	5.63%	5.70%	0.00%	4.22%
Sensitive	Energy	4.88%	5.21%	0.00%	4.74%
Sensitive	Industrials	7.86%	15.33%	0.00%	13.22%
Sensitive	Technology	28.43%	20.31%	0.00%	21.31%

World Regions

Region	Subregion	Category Average	Stocks Percent	Benchmark
Americas	Latin America	0.38%	0.35%	0.91%
Americas	North America	75.76%	87.84%	62.96%
Greater Asia	Asia Developed	1.71%	0.45%	5.35%
Greater Asia	Asia Emerging	1.30%	0.48%	3.92%
Greater Asia	Australasia	1.60%	0.19%	1.93%
Greater Asia	Japan	6.53%	2.43%	7.11%
Greater Europe	Africa/Middle East	0.30%	0.07%	1.18%
Greater Europe	Europe Developed	9.59%	5.66%	12.72%
Greater Europe	Europe Emerging	0.12%	-	0.30%
Greater Europe	United Kingdom	2.72%	2.54%	3.60%

Dividend History

Date	Amount	Unadjusted Amount	Currency	Declaration Date	Record Date	Payment Date	Period
2024-12-30	$0.286	$0.286	USD	-	-	-	-
2024-09-27	$0.152	$0.152	USD	-	2024-09-26	2024-09-28	Quarterly
2024-06-27	$0.142	$0.142	USD	-	2024-06-26	2024-06-28	Quarterly
2024-03-27	$0.048	$0.048	USD	-	2024-03-26	2024-03-28	Quarterly
2023-12-28	$0.365	$0.365	USD	-	2023-12-27	2023-12-29	Quarterly
2023-09-28	$0.143	$0.143	USD	-	2023-09-27	2023-09-29	Quarterly
2023-06-29	$0.139	$0.139	USD	-	2023-06-28	2023-06-30	Quarterly
2023-03-30	$0.036	$0.036	USD	-	2023-03-29	2023-03-31	Quarterly
2022-12-29	$0.137	$0.137	USD	2022-12-29	2022-12-28	2022-12-30	Quarterly
2022-09-29	$0.071	$0.071	USD	2022-09-29	2022-09-28	2022-09-30	Quarterly
2022-06-29	$0.048	$0.048	USD	2022-06-29	2022-06-28	2022-06-30	Quarterly
2022-03-30	$0.015	$0.015	USD	2022-03-30	2022-03-29	2022-03-31	Quarterly
2021-12-29	$0.168	$0.168	USD	2021-12-29	2021-12-28	2021-12-30	Quarterly
2021-09-29	$0.021	$0.021	USD	-	2021-09-28	2021-09-30	Quarterly
2021-06-29	$0.025	$0.025	USD	2021-06-29	2021-06-28	2021-06-29	Quarterly
2021-03-30	$0.010	$0.010	USD	2021-03-30	2021-03-29	2021-03-30	Quarterly
2020-12-29	$0.033	$0.033	USD	2020-12-29	2020-12-28	2020-12-30	Quarterly
2020-09-29	$0.041	$0.041	USD	2020-09-29	2020-09-28	2020-09-30	Quarterly
2020-06-29	$0.056	$0.056	USD	2020-06-29	2020-06-26	2020-06-30	Quarterly
2020-03-30	$0.023	$0.023	USD	2020-03-30	2020-03-27	2020-03-31	Quarterly
2019-12-27	$0.155	$0.155	USD	2019-12-27	2019-12-26	2019-12-27	Quarterly
2019-09-26	$0.091	$0.091	USD	2019-09-26	2019-09-25	2019-09-26	Quarterly
2019-06-27	$0.125	$0.125	USD	2019-06-27	2019-06-26	2019-06-27	Quarterly
2019-03-28	$0.041	$0.041	USD	2019-03-28	2019-03-27	2019-03-28	Quarterly
2018-12-27	$0.128	$0.128	USD	2018-12-27	2018-12-26	2018-12-27	Quarterly
2018-09-27	$0.113	$0.113	USD	-	-	-	-
2018-06-28	$0.078	$0.078	USD	2018-06-28	2018-06-28	2018-06-28	Quarterly
2018-03-28	$0.033	$0.033	USD	2018-03-28	2018-03-28	2018-03-28	Quarterly
2017-12-28	$0.090	$0.090	USD	2017-12-28	2017-12-28	2017-12-28	Quarterly
2017-09-28	$0.067	$0.067	USD	2017-09-28	2017-09-28	2017-09-28	Quarterly
2017-06-29	$0.045	$0.045	USD	2017-06-29	2017-06-29	2017-06-29	Other

View the full dividend history for DMSFX.

Destinations Multi Strategy Alts I NMFQS:DMSFX