DSMFX Performance — Destinations Small-Mid Cap Equity Fund, Class I
Data updated: 2026-07-20
DSMFX returned +17.96% year to date and +42.80% over one year to May 2026. Annualised returns are +20.82% over 3 years and +8.27% over 5 years. The fund beat its US Mid-Cap Blend category average: $100 invested three years ago grew to $176, against $156 for the category, and to $143 over one year, against $122. Volatility over the past three years was 17.54% a year. In the 12 months to May 2026 the fund lost a net $94.7M, and assets reached $745.55M.
DSMFX Growth of $100
What $100 invested in Destinations Small-Mid Cap Equity Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Mid-Cap Blend category average over the same months.
| Period | DSMFX | Category average |
|---|---|---|
| 1 year (Jun 2025 – May 2026) | $143 | $122 |
| 3 years (Jun 2023 – May 2026) | $176 | $156 |
| 5 years (Jun 2021 – May 2026) | $149 | $143 |
| Since data start (Sep 2019 – May 2026) | $241 | $204 |
DSMFX Trailing Returns
Total returns to May 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +17.96% |
| 1 year | +42.80% |
| 3 years (annualised) | +20.82% |
| 5 years (annualised) | +8.27% |
DSMFX Annual Returns
Calendar-year total returns of Destinations Small-Mid Cap Equity Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–May) | +17.96% |
| 2025 | +14.05% |
| 2024 | +15.06% |
| 2023 | +11.63% |
| 2022 | −19.83% |
| 2021 | +27.32% |
| 2020 | +23.62% |
| 2019 (Sep–Dec) | +10.73% |
DSMFX 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 | +6.2% | +3.5% | −5.6% | +10.5% | +2.9% | — | — | — | — | — | — | — |
| 2025 | +2.8% | −5.3% | −7.3% | −1.1% | +5.6% | +5.4% | +2.0% | +5.0% | +3.4% | +3.4% | +0.9% | −0.5% |
| 2024 | −1.4% | +6.1% | +4.0% | −5.8% | +4.7% | −0.9% | +4.2% | +0.9% | +1.6% | −1.0% | +10.7% | −7.7% |
| 2023 | +6.8% | −2.4% | −3.6% | 0.0% | −2.5% | +8.0% | +3.7% | −3.2% | −5.2% | −5.8% | +8.2% | +8.7% |
| 2022 | −10.6% | −0.7% | +0.4% | −8.5% | +0.1% | −8.2% | +9.3% | −0.6% | −8.2% | +9.8% | +2.9% | −5.0% |
| 2021 | +3.3% | +7.6% | +1.9% | +3.5% | +1.1% | +1.7% | −2.0% | +2.4% | −2.4% | +6.1% | −2.1% | +3.8% |
| 2020 | −2.8% | −8.0% | −22.9% | +14.0% | +8.8% | +4.6% | +4.8% | +4.0% | −1.2% | +1.2% | +17.3% | +8.0% |
| 2019 | — | — | — | — | — | — | — | — | +0.4% | +2.3% | +4.0% | +3.7% |
DSMFX Risk
Risk measures from monthly returns over Jun 2023 – May 2026.
- 3-year volatility (annualised): 17.54%
- 3-year Sharpe ratio: 0.93 (vs 4.5% risk-free rate)
- Best month: +10.65% (Nov 2024)
- Worst month: −7.66% (Dec 2024)
DSMFX Fund Flows
Monthly money in and out of Destinations Small-Mid Cap Equity Fund, from SEC Form N-PORT.
- 12-month net flow: −$94.7M
- 12-month gross sales (incl. reinvestments): $251.3M
- Sales ÷ redemptions: 0.73×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $33.0M | $38.8M | −$5.8M |
| Apr 2026 | $7.2M | $26.4M | −$19.3M |
| Mar 2026 | $21.8M | $47.5M | −$25.6M |
| Feb 2026 | $4.4M | $9.6M | −$5.2M |
| Jan 2026 | $34.6M | $46.3M | −$11.7M |
| Dec 2025 | $66.2M | $25.5M | $40.7M |
| Nov 2025 | $9.6M | $18.5M | −$8.8M |
| Oct 2025 | $9.3M | $17.8M | −$8.5M |
| Sep 2025 | $8.6M | $15.7M | −$7.2M |
| Aug 2025 | $29.4M | $33.2M | −$3.8M |
| Jul 2025 | $8.4M | $29.6M | −$21.2M |
| Jun 2025 | $18.8M | $37.0M | −$18.2M |
DSMFX Assets Under Management
Net assets of Destinations Small-Mid Cap Equity Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-31 | $745.55M |
| 2026-02-28 | $747.38M |
| 2025-11-30 | $706.85M |
| 2025-08-31 | $679.03M |
| 2025-05-31 | $642.77M |
| 2025-02-28 | $751.67M |
| 2024-11-30 | $891.33M |
| 2024-08-31 | $895.78M |
| 2024-05-31 | $892.65M |
| 2024-02-29 | $859.20M |
| 2023-11-30 | $787.92M |
| 2023-08-31 | $843.75M |
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.