DGEFX Fees and Costs — Destinations Equity Income Fund, Class I
Data updated: 2026-07-20
The net expense ratio is 0.98%: a 0.80% management fee plus 0.29% other expenses, less a 0.12% fee waiver. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $224K in broker commissions, 0.0463% of average net assets, and portfolio turnover was 62%.
DGEFX Fees and Expenses
Annual operating expenses and sales charges of DGEFX. Prospectus, as of February 28, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.80% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.29% |
| Gross expense ratio | 1.10% |
| Fee waiver | −0.12% |
| Net expense ratio | 0.98% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
DGEFX Costs Over Time
On $10,000 invested in DGEFX, assuming 5% a year before costs, total costs come to $642 over 5 years, cutting the return by 1.08% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.98%) | $103 | $321 | $556 |
| Trading costs (broker commissions) | $5 | $15 | $26 |
| Lost growth on money paid in costs | $0 | $17 | $59 |
| Total costs | $108 | $353 | $642 |
| Value after costs | $10,392 | $11,223 | $12,121 |
| Impact on return, per year | 1.08% | 1.08% | 1.08% |
DGEFX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending February 28, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0463%
- Total broker commissions: $224K
- Bought from dealers (principal trades, not a cost): $24.9M
- Portfolio turnover (prospectus): 62%
- Securities on loan, average value: $5.7M
- Net income from securities lending: $26K (0.005% of average net assets)
DGEFX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| MERRILL LYNCH, PIERCE, FENNER & SMITH INC. | $27K | 16.41% |
| BARCLAYS CAPITAL INC. | $25K | 14.96% |
| INSTINET, LLC | $20K | 11.81% |
| J.P. MORGAN SECURITIES LLC | $20K | 11.78% |
| Goldman Sachs & Co, LLC | $17K | 10.33% |
| Jefferies LLC | $16K | 9.56% |
| UBS Securities LLC | $15K | 8.88% |
| MORGAN STANLEY & CO. LLC | $10K | 5.83% |
| Citigroup Global Markets Inc. | $9K | 5.33% |
| BNP Paribas Securities Corp. | $9K | 5.10% |
DGEFX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| MERRILL LYNCH, PIERCE, FENNER & SMITH INC. | $9.3M | 37.44% |
| FIDELITY MANAGEMENT & RESEARCH COMPANY | $6.5M | 26.09% |
| Virtu Americas LLC | $2.9M | 11.56% |
| J.P. MORGAN SECURITIES LLC | $2.3M | 9.38% |
| Nomura Holdings Inc. | $2.2M | 8.82% |
| BROWN BROTHERS HARRIMAN INVESTMENTS, LLC | $1.4M | 5.72% |
| MORGAN STANLEY & CO. LLC | $248K | 0.99% |
| Jefferies LLC | $516 | 0.00% |
Destinations Equity Income Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| DGEZX | Class Z | 0.83% | — |
| DGEFX | Class I | 0.98% | — |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.