DMSFX Performance — Destinations Multi Strategy Alternatives Fund, Class I
Data updated: 2026-07-20
DMSFX returned +0.51% year to date and +6.10% over one year to May 2026. Annualised returns are +6.72% over 3 years and +4.49% over 5 years. The fund trailed its Moderate Allocation category average: $100 invested three years ago grew to $122, against $144 for the category, and to $106 over one year, against $119. Volatility over the past three years was 2.56% a year. In the 12 months to May 2026 the fund took in a net $19.9M, and assets reached $554.62M.
DMSFX Growth of $100
What $100 invested in Destinations Multi Strategy Alternatives Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Moderate Allocation category average over the same months.
| Period | DMSFX | Category average |
|---|---|---|
| 1 year (Jun 2025 – May 2026) | $106 | $119 |
| 3 years (Jun 2023 – May 2026) | $122 | $144 |
| 5 years (Jun 2021 – May 2026) | $125 | $135 |
| Since data start (Sep 2019 – May 2026) | $146 | $169 |
DMSFX Trailing Returns
Total returns to May 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +0.51% |
| 1 year | +6.10% |
| 3 years (annualised) | +6.72% |
| 5 years (annualised) | +4.49% |
DMSFX Annual Returns
Calendar-year total returns of Destinations Multi Strategy Alternatives Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–May) | +0.51% |
| 2025 | +5.42% |
| 2024 | +6.23% |
| 2023 | +12.81% |
| 2022 | −3.46% |
| 2021 | +5.22% |
| 2020 | +10.01% |
| 2019 (Sep–Dec) | +3.17% |
DMSFX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | −0.1% | −0.4% | −0.7% | +1.0% | +0.7% | — | — | — | — | — | — | — |
| 2025 | +0.1% | −0.2% | −0.8% | −0.5% | +1.3% | +1.5% | +0.5% | +0.8% | +0.9% | +0.5% | +1.0% | +0.4% |
| 2024 | +0.6% | +0.8% | +0.9% | −0.4% | +0.3% | +0.2% | +2.0% | +0.1% | +0.8% | +0.2% | +1.1% | −0.5% |
| 2023 | +2.7% | +0.8% | −0.6% | +0.8% | +0.8% | +1.4% | +1.1% | +0.4% | +1.4% | −0.1% | +1.6% | +2.1% |
| 2022 | −2.2% | +0.3% | +0.8% | −1.1% | −2.2% | −1.7% | +1.4% | −0.1% | −1.1% | +1.8% | +0.8% | −0.2% |
| 2021 | +1.4% | +0.6% | +0.3% | +1.0% | +0.3% | +0.1% | −0.1% | +0.2% | +0.7% | +0.5% | −0.8% | +1.1% |
| 2020 | +1.5% | −0.5% | −13.0% | +5.5% | +5.0% | +2.3% | +1.1% | +2.2% | +0.4% | 0.0% | +4.2% | +2.3% |
| 2019 | — | — | — | — | — | — | — | — | −0.2% | +0.4% | 0.0% | +2.9% |
DMSFX Risk
Risk measures from monthly returns over Jun 2023 – May 2026.
- 3-year volatility (annualised): 2.56%
- 3-year Sharpe ratio: 0.87 (vs 4.5% risk-free rate)
- Best month: +2.06% (Dec 2023)
- Worst month: −0.83% (Mar 2025)
DMSFX Fund Flows
Monthly money in and out of Destinations Multi Strategy Alternatives Fund, from SEC Form N-PORT.
- 12-month net flow: $19.9M
- 12-month gross sales (incl. reinvestments): $159.7M
- Sales ÷ redemptions: 1.14×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $3.4M | $6.7M | −$3.4M |
| Apr 2026 | $5.1M | $8.1M | −$2.9M |
| Mar 2026 | $34.7M | $9.8M | $24.9M |
| Feb 2026 | $29.3M | $34.3M | −$5.0M |
| Jan 2026 | $3.2M | $9.2M | −$6.0M |
| Dec 2025 | $17.2M | $10.8M | $6.4M |
| Nov 2025 | $3.3M | $8.8M | −$5.5M |
| Oct 2025 | $3.0M | $11.2M | −$8.2M |
| Sep 2025 | $10.6M | $9.7M | $914K |
| Aug 2025 | $3.1M | $9.2M | −$6.1M |
| Jul 2025 | $4.0M | $9.8M | −$5.8M |
| Jun 2025 | $42.8M | $12.1M | $30.7M |
DMSFX Assets Under Management
Net assets of Destinations Multi Strategy Alternatives Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-31 | $554.62M |
| 2026-02-28 | $531.78M |
| 2025-11-30 | $548.82M |
| 2025-08-31 | $555.82M |
| 2025-05-31 | $529.15M |
| 2025-02-28 | $589.03M |
| 2024-11-30 | $632.98M |
| 2024-08-31 | $720.64M |
| 2024-05-31 | $734.69M |
| 2024-02-29 | $807.81M |
| 2023-11-30 | $817.52M |
| 2023-08-31 | $823.93M |
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.