DSMZX Performance — Destinations Small-Mid Cap Equity Fund, Class Z
Data updated: 2026-07-20
DSMZX returned +17.95% year to date and +43.04% over one year to May 2026. Annualised returns are +20.99% over 3 years and +8.42% over 5 years. The fund beat its US Mid-Cap Blend category average: $100 invested three years ago grew to $177, 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.
DSMZX 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 | DSMZX | Category average |
|---|---|---|
| 1 year (Jun 2025 – May 2026) | $143 | $122 |
| 3 years (Jun 2023 – May 2026) | $177 | $156 |
| 5 years (Jun 2021 – May 2026) | $150 | $143 |
| Since data start (Sep 2019 – May 2026) | $244 | $204 |
DSMZX Trailing Returns
Total returns to May 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +17.95% |
| 1 year | +43.04% |
| 3 years (annualised) | +20.99% |
| 5 years (annualised) | +8.42% |
DSMZX 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) | +17.95% |
| 2025 | +14.22% |
| 2024 | +15.22% |
| 2023 | +11.77% |
| 2022 | −19.69% |
| 2021 | +27.48% |
| 2020 | +23.91% |
| 2019 (Sep–Dec) | +10.68% |
DSMZX 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 | +6.1% | +3.6% | −5.6% | +10.4% | +2.9% | — | — | — | — | — | — | — |
| 2025 | +2.8% | −5.3% | −7.3% | −1.0% | +5.5% | +5.4% | +2.1% | +4.9% | +3.5% | +3.4% | +0.8% | −0.5% |
| 2024 | −1.5% | +6.2% | +4.0% | −5.7% | +4.7% | −0.9% | +4.2% | +1.0% | +1.6% | −0.9% | +10.7% | −7.7% |
| 2023 | +6.8% | −2.5% | −3.5% | 0.0% | −2.6% | +8.1% | +3.7% | −3.3% | −5.2% | −5.7% | +8.2% | +8.8% |
| 2022 | −10.6% | −0.6% | +0.3% | −8.4% | +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% | +6.2% | −2.1% | +3.8% |
| 2020 | −2.8% | −8.0% | −22.8% | +13.8% | +8.9% | +4.6% | +4.8% | +4.0% | −1.1% | +1.3% | +17.3% | +8.1% |
| 2019 | — | — | — | — | — | — | — | — | +0.3% | +2.4% | +4.0% | +3.7% |
DSMZX Risk
Risk measures from monthly returns over Jun 2023 – May 2026.
- 3-year volatility (annualised): 17.54%
- 3-year Sharpe ratio: 0.94 (vs 4.5% risk-free rate)
- Best month: +10.71% (Nov 2024)
- Worst month: −7.68% (Dec 2024)
DSMZX 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 |
DSMZX 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.