DSMZX: Destinations Small-Mid Cap Equity Z

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DSMZX Destinations Small-Mid Cap Equity Z


Profile

DSMZX - Profile

Vitals

  • YTD Return 1.9%
  • 3 Yr Annualized Return N/A
  • 5 Yr Annualized Return N/A
  • Net Assets $1.02 B
  • Holdings in Top 10 15.3%

52 WEEK LOW AND HIGH

$10.02
$8.87
$10.14

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.97%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 85.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $0
  • IRA N/A

Fund Classification


Distributions

  • YTD Total Return 1.9%
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.68%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Destinations Small-Mid Cap Equity Fund
  • Fund Family Name
    Destinations Funds
  • Inception Date
    Jul 16, 2018
  • Shares Outstanding
    N/A
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Jeff Raupp

Fund Description

The fund will invest at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in the equity securities of small- and mid-capitalization companies. It invests primarily in common and preferred stock, rights or warrants to purchase common or preferred stock, securities convertible into common or preferred stock such as convertible preferred stock, bonds or debentures, and other securities with equity characteristics. The fund may invest a portion of its assets in securities of micro-cap companies.


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Categories

Performance

DSMZX - Performance

Return Ranking - Trailing

Period DSMZX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.9% -5.4% 6.1% 61.02%
1 Yr 10.2% -35.8% 28.1% 39.71%
3 Yr N/A* -19.2% 13.9% N/A
5 Yr N/A* -15.8% 10.1% N/A
10 Yr N/A* -7.8% 13.7% N/A

* Annualized

Return Ranking - Calendar

Period DSMZX Return Category Return Low Category Return High Rank in Category (%)
2019 24.3% -37.3% 35.6% 37.17%
2018 N/A -44.3% 0.0% N/A
2017 N/A -13.5% 18.9% N/A
2016 N/A -16.4% 23.6% N/A
2015 N/A -40.7% 0.0% N/A

Total Return Ranking - Trailing

Period DSMZX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.9% -5.4% 6.1% 61.02%
1 Yr 10.2% -35.8% 28.1% 39.71%
3 Yr N/A* -17.4% 13.9% N/A
5 Yr N/A* -13.5% 12.0% N/A
10 Yr N/A* -3.1% 13.7% N/A

* Annualized

Total Return Ranking - Calendar

Period DSMZX Return Category Return Low Category Return High Rank in Category (%)
2019 24.3% -37.3% 35.6% 37.17%
2018 N/A -44.3% 0.1% N/A
2017 N/A -8.7% 24.9% N/A
2016 N/A -4.7% 26.2% N/A
2015 N/A -40.3% 3.9% N/A

NAV & Total Return History


Holdings

DSMZX - Holdings

Concentration Analysis

DSMZX Category Low Category High DSMZX % Rank
Net Assets 1.02 B 728 K 113 B 36.72%
Number of Holdings 258 1 3279 24.58%
Net Assets in Top 10 156 M 161 K 7.44 B 40.68%
Weighting of Top 10 15.33% 2.8% 100.0% 68.08%

Top 10 Holdings

  1. Zimmer Biomet Holdings Inc 2.32%
  2. Xilinx Inc 1.88%
  3. Motorola Solutions Inc 1.67%
  4. Progressive Corp 1.64%
  5. Willis Towers Watson PLC 1.39%
  6. Energizer Holdings Inc 1.39%
  7. FirstEnergy Corp 1.36%
  8. iShares Core S&P Mid-Cap ETF 1.27%
  9. KLA Corp 1.21%
  10. Marathon Petroleum Corp 1.20%

Asset Allocation

Weighting Return Low Return High DSMZX % Rank
Stocks
96.80% 82.68% 105.15% 74.29%
Cash
3.20% -5.15% 15.18% 24.01%
Preferred Stocks
0.00% 0.00% 3.76% 64.97%
Other
0.00% -0.87% 7.21% 64.69%
Convertible Bonds
0.00% 0.00% 0.33% 63.84%
Bonds
0.00% 0.00% 5.39% 66.67%

Stock Sector Breakdown

Weighting Return Low Return High DSMZX % Rank
Financial Services
17.46% 1.64% 54.13% 23.73%
Technology
17.35% 3.52% 29.60% 28.53%
Healthcare
16.25% 1.94% 24.89% 5.37%
Industrials
14.71% 3.30% 47.98% 59.60%
Consumer Cyclical
7.52% 4.27% 39.52% 93.79%
Real Estate
6.16% 0.00% 30.44% 72.60%
Utilities
5.91% 0.00% 13.63% 27.12%
Consumer Defense
4.09% 0.00% 12.15% 50.00%
Energy
4.00% 0.00% 21.15% 41.53%
Basic Materials
3.39% 0.00% 14.34% 61.30%
Communication Services
3.17% 0.00% 31.30% 45.76%

Stock Geographic Breakdown

Weighting Return Low Return High DSMZX % Rank
US
94.77% 81.96% 102.30% 62.43%
Non US
2.03% 0.00% 15.20% 40.96%

Expenses

DSMZX - Expenses

Operational Fees

DSMZX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.97% 0.02% 5.33% 61.01%
Management Fee 0.90% 0.00% 2.00% 90.63%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.30% N/A

Sales Fees

DSMZX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.00% 5.75% N/A
Deferred Load N/A 1.00% 4.00% N/A

Trading Fees

DSMZX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.50% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

DSMZX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 85.00% 0.01% 962.00% 91.52%

Distributions

DSMZX - Distributions

Dividend Yield Analysis

DSMZX Category Low Category High DSMZX % Rank
Dividend Yield 0.00% 0.00% 43.58% 68.08%

Dividend Distribution Analysis

DSMZX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Quarterly Annually

Net Income Ratio Analysis

DSMZX Category Low Category High DSMZX % Rank
Net Income Ratio 0.68% -4.66% 2.06% 39.88%

Capital Gain Distribution Analysis

DSMZX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Dividend Payout History

View More +

Fund Manager Analysis

DSMZX - Fund Manager Analysis

Managers

Jeff Raupp


Start Date

Tenure

Tenure Rank

Mar 20, 2017

2.87

2.9%

Jeff Raupp is the Chief Investment Officer at Brinker Capital. In this role, he maintains overall responsibility for asset allocation, strategy selection and portfolio construction, and leads the company’s investment team. Additionally, he oversees the portfolio management for Brinker Capital’s flagship 23-year mutual fund program, Destinations. Jeff is the Chair of Brinker Capital’s Investment Committee and serves as a member of the company’s Asset Allocation, Manager Research, and Executive Committees. Prior to his current role, Jeff served as the Director of Investments and Operations Manager for Brinker Capital, where he managed all operational aspects of the company’s relationship with Fidelity IWS and Fidelity Clearing & Custody Solutions. Jeff has over 22 years of industry management experience. Before joining Brinker Capital, Jeff was an Electronic Engineer and Project Manager for a small electronics firm. He also served as an Officer in the United States Army. Jeff received his Bachelor of Science in mechanical engineering from the University of Delaware and his Master of Business Administration in finance from Villanova University. Additionally, he’s certified in Lean Six Sigma through Villanova University and holds FINRA Series 7 and 66 licenses. Jeff is a member of the CFA Institute and the CFA® Society of Philadelphia.

Amy Magnotta


Start Date

Tenure

Tenure Rank

Mar 20, 2017

2.87

2.9%

Amy L. Magnotta, CFA, is a Senior Investment Manager at Brinker Capital with portfolio management responsibilities for the Destinations program. Ms. Magnotta joined Brinker Capital in 2006 as a senior analyst and has been portfolio manager for the Destinations program since 2007. Prior to joining Brinker Capital, Ms. Magnotta was an associate at Franklin Park Associates from 2004 to 2006 and an associate at BlackRock from 2001 to 2004. Ms. Magnotta has a B.S. in Finance from Lehigh University.

Michael Buck


Start Date

Tenure

Tenure Rank

Mar 20, 2017

2.87

2.9%

Michael Buck is the assistant portfolio manager for the Micro Cap Growth, Small Cap Growth and SMID Cap Growth strategies. In his role as assistant portfolio manager he is responsible for providing depth of leadership to the research team and identifying appropriate investment ideas relevant to the strategies. Additionally, Mr. Buck acts as a senior analyst focusing on U.S. micro and small cap stocks within the consumer discretionary, consumer staples and financials sectors. Mr. Buck began his career at Deloitte Consulting, LLC as a business analyst until he joined Drie- haus Capital Management in 2002. He received his B.A. and B.M. in economics and cello perfor- mance from Northwestern University in 2000.

Jeffrey James


Start Date

Tenure

Tenure Rank

Mar 20, 2017

2.87

2.9%

Jeffrey James began his career with Lehman Brothers in 1990. From 1991 to 1997, he worked at the Federal Reserve Bank of Chicago as an analyst and joined Driehaus Capital Management in 1997 as a sector analyst. In 1998, he began managing the Driehaus Micro Cap Growth strategy. In 2006, he began managing the Driehaus Small Cap Growth strategy. In 2012, he began managing the Driehaus Small/Mid Cap Growth strategy. Mr James received his B.S. in Finance from Indiana University in 1990 and his MBA from DePaul University in 1995.

Leigh Lowman


Start Date

Tenure

Tenure Rank

Mar 20, 2017

2.87

2.9%

Leigh A. Lowman is an Investment Manager at Brinker Capital with portfolio management responsibilities for the Destinations program. Prior to joining Brinker Capital in 2015, Ms. Lowman was an outreach analyst for The Investment Fund for Foundations (TIFF) and a senior associate for Mondrian Investment Partners. Ms. Lowman was previously at Brinker Capital from 2004 to 2010 as an investment associate and operations analyst. Ms. Lowman has a B.A. in Economics from Wittenburg University.

Don Wordell


Start Date

Tenure

Tenure Rank

Mar 20, 2017

2.87

2.9%

Mr. Wordell currently serves as Managing Director of Ceredex Value Advisors LLC. He has been a Portfolio Manager at Ceredex since 2001 and has worked in investment management since 1996. Mr. Wordell began his investment career immediately following his completion of an M.B.A. From 1996 until 2001 he served Trusco Capital Management as an equity research analyst dedicated to value investing. In 2001 he was appointed portfolio manager of the firm's mid-cap value strategy and in 2003 he became sole manager of the strategy. He continues to manage the same strategy today, and his investment success has been integral to the development of Ceredex as an independent firm.

R. Vingers


Start Date

Tenure

Tenure Rank

Mar 20, 2017

2.87

2.9%

Todd Vingers joined LMCG in June 2002 as the head of the Value team and Lead Portfolio Manager. Mr. Vingers is a member of LMCG’s Board of Directors. Prior to joining the firm, Mr. Vingers served as Vice President and senior portfolio manager for American Century Investments. Prior to joining American Century, he was a valuation analyst for the Hawthorne Company. He holds a BA from the University of St. Thomas and an MBA from the University of Chicago Booth School of Business. Mr. Vingers is a CFA charterholder and a member of the CFA Institute.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.16 32.83 6.16 0.61