Destinations Low Duration Fixed Income Fund Class Z DLDZX
Strategy
The investment seeks current income. The fund will invest at least 80% of its total assets (plus the amount of any borrowings for investment purposes) in a diversified portfolio of fixed income securities. It will normally be constructed with an average duration of three years or less. The fund primarily invests in bonds, debt, fixed income and income-producing instruments issued by governmental or private-sector entities, including mortgage-backed securities, asset-backed securities, junk bonds, corporate debt, foreign securities, inflation-indexed bonds, bank loans and assignments, collateralized loan obligations, preferred securities and SPACs.
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Ticker
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Name
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Share Class Type
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Investment Status
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Morningstar Rating for Funds
Overall
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Medalist Rating
Overall
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Inception Date
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Total Net Assets for Share Class
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Adjusted Expense Ratio
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Fee Level
Distribution
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Minimum Initial Investment
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1-Year Net Flow
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DLDFX
| Destinations Low Duration Fixed Income Fund Class I | Institutional | Open | $314.85M | 1.000% | High | $0 | $49.21M | |||
DLDZX
| Destinations Low Duration Fixed Income Fund Class Z | Institutional | Open | $26.98M | 0.850% | High | $0 | $5.26M |